2025-02-27T13:43:15-06:00 2024-06-30 363321958 DESMOND & AHERN LTD 10827 S WESTERN AVENUE CHICAGO IL 606433206 990 2023-07-01 842274767 Network For Young Adult Success NETW 7739360853 200 W Madison Street 300 Chicago IL 60606 Amy Huang Executive Director 7739360853 2025-02-27 1 1 Mel Padillo P03172019 7737794720 2025-02-27 2023 2025-03-06 01:10:19Z UTMOSTU Amy Huang 200 W Madison Street 300 Chicago IL 60606 1138424 0 X utmostu.org X 2019 IL Empowering young adults to realize their professional aspirations. 10 10 16 10 0 0 861903 966442 180148 163050 2374 5483 0 3449 1044425 1138424 47178 56422 0 0 714082 748139 0 0 237632 321055 294536 1082315 1099097 -37890 39327 500711 522021 38768 20751 461943 501270 Our mission is to empower young adults to realize their professional aspirations by supporting their successful degree attainment and career preparation. 0 0 665161 56422 166499 To create a network of schools and community-based organizations that are committed to the long-term success of their high school graduates through a post-secondary path, whether through college or another educational pathway. Through technology, holistic supports, external partnerships, and constant engagement, the UtmostU network works to propel young adults from underrepresented backgrounds toward their career goals. 665161 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 16 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 IL X X X Amy Huang 7739360853 200 W Madison Street 300 Chicago IL 60606 Greg Mooney President 3.00 X X 0 0 0 Patricia Redd Secretary 1.00 X X 0 0 0 Ronald Seymore Treasurer 1.00 X X 0 0 0 Daniel Johnson Director 1.00 X 0 0 0 Eric Weinheimer Director 1.00 X 0 0 0 Lauren Akainyah Director 1.00 X 0 0 0 Mike Pincus Director 1.00 X 0 0 0 Patricia Ford Director 1.00 X 0 0 0 Shannon Fuller Director 1.00 X 0 0 0 Thackston Lundy Director 1.00 X 0 0 0 Tosha Downey Director 1.00 X 0 0 0 Amy Huang Executive Director 40.00 X 50873 0 3900 David Bennett Associate Executive Director 40.00 X 123394 0 22767 174267 0 26667 1 0 0 0 0 966442 966442 Network Fees 611710 163050 163050 163050 5483 5483 Miscellaneous 900099 3449 3449 3449 1138424 166499 0 5483 56422 56422 228722 53952 87385 87385 401110 294257 7322 99531 73947 43114 30833 44360 25902 6051 12407 3400 3400 25788 25788 39422 7850 31572 384 66 318 68504 54854 13240 410 16575 11702 1293 3580 529 501 28 12488 8817 974 2697 Persistence and engagem 72784 72784 Training & Development 31604 26209 5395 Personnel Expenses 10454 10454 Bank & Merchant Fees 7742 4706 2862 174 4862 4025 222 615 1099097 665161 196304 237632 470382 258347 172894 2875 59600 2105 27454 29075 500711 522021 38768 20751 38768 20751 X 255360 153604 206583 347666 461943 501270 500711 522021 39327 0 X X 0 1 X 1 0 X 828790 1005301 1103692 861903 966442 4766128 828790 1005301 1103692 861903 966442 4766128 2384755 2381373 34 2374 5483 7891 3449 3449 4777468 450500 0.49850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 1332008 193584 193584 1138424 0 1138424 1292681 193584 193584 1099097 0 1099097 Part X, Line 2: FIN 48 Note from reviewed Financial Statements: The Organization was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code (IRC) Section 501(c)(3). Contributions to the Organization qualify for the charitable contribution deduction pursuant to IRS Section 170(b)(1)(A)(vi) and has been classified as an organization that is a public charity under Section 509(a)(1). The tax-exempt purpose of the Organization and the nature in which it operates is described above. Management believes the Organization continues to operate in compliance with its tax-exempt purpose. Thus, no provision for income tax has been provided for in the financial statements. The Organization has adopted the requirements for accounting for uncertain tax positions and management has determined that the Organization was not required to record a liability related to uncertain tax positions as of June 30, 2024. The Organization's annual information and income tax returns filed with the federal and state governments are subject to examination generally for three years after they are filed. All filings are current. 1 Provision for educational expenses, including textbooks, tuition, rent and other supplies; 122 50421 6001 Valuation is based on purchase price, Persistence support - books and supplies purchased Part I, Line 2: Funds are typically disbursed directly to institutions or vendors on a fellows' behalf to ensure support is used for approved purposes. Form 990, Part VI, Section B, line 11b The Board retains the services of an independent CPA firm to prepare the organization's form 990. Management and the finance committee review the completed form 990 and provide a full copy to all voting members of the governing body prior to filing. The governing body is provided a reasonalbe amount of time to review the return and ask questions directly to organization management or the contact at the independent CPA firm prior to filing. Form 990, Part VI, Section B, line 12c Periodic reviews of the corporation's compliance with the policy shall be conducted by or under the supervision of the board of directors. If a conflict is disclosed, the board member may be requested to leave the meeting while the determination of the conflict of interest is discussed and voted upon. The remaining board members shall decide if a conflict of interest exists. Form 990, Part VI, Section B, line 15a The board of directors reviews the Executive Director's performance and determines salary on an annual basis. Form 990, Part VI, Section C, line 19 All documents are available to the public upon request. Form 990, Part XII, line 2c: The process did not change from the prior year.