2025-05-06T10:41:54+00:00 2024-12-31 440160260 Forvis Mazars LLP 820 Massachusetts Ave Suite 1370 Indianapolis IN 46204 990 2024-01-01 352035269 Simon Youth Foundation Inc SIMO 3179359027 225 West Washington Street Indianapolis IN 46204 Sherri Scrogham Director of Finance & Admin. 3179359027 2025-05-06 true true Nicole Fishback P01279475 3173834000 2025-05-15 2024 2025-03-06 01:10:19Z Andrea Neely 225 West Washington Street Indianapolis IN 46204 3507701 false X SYF.ORG X 1997 IN SIMON YOUTH FOUNDATION FOSTERS AND IMPROVES EDUCATIONAL OPPORTUNITIES, CAREER DEVELOPMENT, AND LIFE SKILLS TO TRANSFORM THE LIVES OF AT-RISK YOUTH. SEE SCHEDULE O. 17 17 10 1000 0 2829878 3002387 5388 2500 230280 280015 100228 145828 3165774 3430730 508035 821261 0 0 1098250 1272284 0 0 674046 1190174 1147041 2796459 3240586 369315 190144 14203698 15171474 303696 423405 13900002 14748069 Simon Youth Foundation (SYF) is a national nonprofit committed to helping students graduate. SYF supports high-quality Alternative Education programs across the United States. Through 33 Simon Youth Academies in 12 states SYF helps thousands of students reach graduation day each year. In partnership with local public school districts, SYF has maintained an average lifetime graduation rate of 90%, helping more than 29,000 students graduate, awarded more than $21.8 million in scholarships, and invested $1.5 million in capacity building. SYF alumni are graduates from State and Community Colleges, Historically Black Colleges and Universities (HBCUs), and Ivy League schools. false false 1197187 SIMON YOUTH ACADEMIES ARE PUBLIC ALTERNATIVE SCHOOLS LOCATED IN SIMON PROPERTY GROUP MALLS, AND STAND-ALONE SITES. THE ACADEMIES SERVE STUDENTS WHO ARE STRUGGLING IN TRADITIONAL HIGH SCHOOL ENVIRONMENTS, OFTEN DUE TO CHALLENGING LIFE CIRCUMSTANCES SUCH AS PARENTING, HOMELESSNESS, OR ILLNESS. BY WORKING WITH LOCAL PUBLIC SCHOOL DISTRICTS, SYF IS ABLE TO REACH THESE STUDENTS BEFORE THEY DROP OUT, AND THROUGH THE ACADEMY NETWORK, OFFER STUDENTS THE SAME EDUCATIONAL OPPORTUNITIES THEY WOULD RECEIVE IN A TRADITIONAL HIGH SCHOOL, BUT IN AN ENVIRONMENT THAT MEETS THE NEEDS OF AT-RISK STUDENTS. WITH SMALL CLASS SIZES, FLEXIBLE HOURS, SELF-PACED CURRICULUM, AND A FAMILY-LIKE ATMOSPHERE THE ACADEMIES PROVIDE A UNIQUE LEARNING ENVIRONMENT THAT HAS PROVEN TO BE A SUCCESSFUL MODEL. IN ORDER TO GRADUATE FROM AN ACADEMY, STUDENTS MUST MEET ALL STATE AND NATIONAL GRADUATION REQUIREMENTS. WHEN THEY GRADUATE, ACADEMY STUDENTS EARN THEIR DIPLOMAS FROM THEIR REFERRING HIGH SCHOOLS. 821261 821261 SIMON YOUTH SCHOLARSHIPS ARE AWARDED TO SIMON YOUTH ACADEMY GRADUATES, AS WELL AS NON-ACADEMY STUDENTS IN EVERY COMMUNITY THAT IS HOME TO A SIMON PROPERTY. THE AWARDS PRIMARILY SERVE STUDENTS WHO WILL BE THE FIRST IN THEIR FAMILIES TO ATTEND POST-SECONDARY EDUCATION INSTITUTIONS, INCLUDING 2-YEAR VOCATIONAL AND TECHNICAL SCHOOLS AND 4-YEAR COLLEGES. A THIRD-PARTY ADMINISTRATOR SELECTS RECIPIENTS AND FACTORS IN FINANCIAL NEED, ACADEMIC PERFORMANCE, LEADERSHIP SKILLS, SCHOOL PARTICIPATION, AND COMMUNITY ACTIVITIES. 26685 2500 TO SUPPORT CONTINUED HIGH ACADEMIC AND PROGRAM STANDARDS, SYF HOSTS AN ANNUAL BEST PRACTICES CONFERENCE FOR SYF SCHOOL DISTRICT PARTNERS AND REPRESENTATIVES FROM NATIONAL ORGANIZATIONS THAT WORK TO IMPROVE GRADUATION RATES. THE BEST PRACTICES CONFERENCE IS HELD IN CONJUNCTION WITH A LEADING NATIONAL EDUCATION CONFERENCE, PROVIDING AN OPPORTUNITY FOR ACADEMY ADMINISTRATORS AND TEACHERS TO TAKE ADVANTAGE OF PROFESSIONAL DEVELOPMENT BEYOND SYF SPONSORED LECTURES AND SESSIONS. 2045133 true true false false false false false false false true true false false false false false true false false false false false false false true false false false true true false false false false false false false false false false false false false false false false false false false false true 48 0 true 10 true false false false false false true true false false false false false false X 17 17 true false false false false false false true true false false false true true true true true true true true false false CA CO CT FL GA GU AL HI ID IL IN IA KS KY LA ME AK MD MA MI MN MS MO MT NE NV NH AS NJ NM NY NC ND OH OK OR PW PA AZ PR RI SC SD TN TX UT VT VA AR WA WV WI WY X X X Sherri Scrogham 3179359027 225 W Washington Street Indianapolis IN 46204 Charles Bush II Secretary 1.0 0.0 X X 0 0 0 Deborah J Simon Board Chair 1.0 0.0 X X 0 0 0 Scott Wolfrum Treasurer 1.0 0.0 X X 0 0 0 Collin Sam Director 1.0 0.0 X 0 0 0 Darin Etchinson Director 1.0 0.0 X 0 0 0 Jacque' Ellis Director 1.0 0.0 X 0 0 0 Jeff Patchen Director 1.0 0.0 X 0 0 0 Jeremy Smith Director 1.0 0.0 X 0 0 0 Lena Barkley Director 1.0 0.0 X 0 0 0 Leo Lopez Director 1.0 0.0 X 0 0 0 Leslie Fatum Director 1.0 0.0 X 0 0 0 Michael O'Connor Director 1.0 0.0 X 0 0 0 Michael Romstad Director 1.0 0.0 X 0 0 0 Reid Searles Director 1.0 0.0 X 0 0 0 Sarah Beeson Director (End 12/31) 1.0 0.0 X 0 0 0 Stephen Kingsley Director 1.0 0.0 X 0 0 0 Taylor Nefouse Director 1.0 0.0 X 0 0 0 Andrea Neely President and CEO 50.0 0.0 X 340644 0 53436 Le-Angela Thompson COO 50.0 0.0 X 165630 0 31814 Sherri Scrogham Director of Finance 50.0 0.0 X 123847 0 12977 630121 0 98227 3 false true false 0 3002387 3002387 Conference Registrations 900099 2500 2500 0 0 0 0 2500 277739 277739 0 0 2276 0 2276 0 2276 2276 222799 76971 145828 145828 0 0 0 0 0 3430730 2500 0 425843 821261 821261 720038 212235 235288 272515 350068 301734 48334 43267 20768 9519 12980 89200 42816 19624 26760 69711 33461 15337 20913 48263 38585 9678 38203 38203 43418 43418 179233 179233 0 0 9060 7291 1769 124257 6930 54428 62899 3200 352 2797 51 29227 27768 1379 80 269523 269523 73196 65275 7921 Mall Events 216826 602 216224 Academy Expenses 94923 23087 71623 213 Volunteer Recognition 17712 1503 4901 11308 0 0 0 0 3240586 2045133 521407 674046 300 301 2000334 2029363 331049 350846 0 0 0 0 363521 212282 6185429 3667631 2708698 2517798 8799796 10060884 0 0 0 0 14203698 15171474 303696 423405 0 0 0 0 303696 423405 13206586 14099272 693416 648797 13900002 14748069 14203698 15171474 190144 657923 0 X false true true false X 1748966 1887385 2499831 2829878 3002387 11968447 0 0 1748966 1887385 2499831 2829878 3002387 11968447 1637116 10331331 121379 518857 169633 274399 277739 1362007 0 0 0 0 0 0 0 13330454 1221233 0.77502 0.78387 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9342044 194041 894520 10430605 7277808 1000000 1064236 9342044 10016912 -1239104 1500000 7277808 9008145 1266624 257857 10016912 8944493 220019 1019665 1176032 9008145 0.96 0.04 0.0 false false 5615707 3154606 2461101 316811 260114 56697 252911 252911 0 2517798 17593025 657923 13470819 76971 14205713 3387312 43418 0 43418 3430730 16744958 13470819 76971 13547790 3197168 43418 0 43418 3240586 Schedule D, Part X ASC 740 DISCLOSURE: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part V, Line 4 Intended uses of endowment funds TO PROVIDE FOR SPECIFIC RESTRICTED OR DESIGNATED OPERATING OR CAPITAL REQUIREMENTS OF THE FOUNDATION. USES WOULD INCLUDE FUNDING SCHOLARSHIPS, OPERATING BUDGET ITEMS, AND ACADEMY BRANDING UPDATES. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Special Event Expense - 76971 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Special Event Expense - 76971 Golf Tournament 87719 87719 2000 13100 11135 2830 Founders Day 135080 135080 1009 39820 13721 7323 0 222799 222799 3009 52920 24856 10153 90938 131861 true Scholarships 207 821261 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. SIMON YOUTH FOUNDATION USES AN INDEPENDENT THIRD PARTY TO MONITOR THE USE OF ITS SCHOLARSHIP FUNDS. ONE COMPANY WAS USED IN 2024. KALEIDOSCOPE IS AN INDUSTRY LEADER IN SCHOLARSHIP MANAGEMENT. THEY MONITOR THE USE OF THE SCHOLARSHIP FUNDS AND WORK DIRECTLY WITH SCHOOLS TO ENSURE PROPER USE OF THE FUNDS. X X false false false false false false false true false Andrea Neely President and CEO 322080 0 15000 0 3564 0 16614 0 36822 0 394080 0 0 0 Le-Angela Thompson COO 159820 0 5000 0 810 0 22353 0 9461 0 197444 0 0 0 Schedule J, Part I, Line 7 Non-fixed payments THE BONUS WAS DISCRETIONARY AND BASED ON PERFORMANCE AND DETERMINED BY THE BOARD PRESIDENT AND CEO. Form 990, Part I, Line 1 Organization's Mission SIMON YOUTH FOUNDATION FOSTERS AND IMPROVES EDUCATION OPPORTUNITIES, CAREER DEVELOPMENT AND LIFE SKILLS TO TRANSFORM THE LIVES OF STUDENTS ON THE VERGE OF DROPPING OUT OF HIGH SCHOOL THROUGH FOCUSED PROGRAMS AND INITIATIVES WITH OUR PUBLIC SCHOOL AND POST-SECONDARY EDUCATION PARTNERS. TO DELIVER ON ITS MISSION, SIMON YOUTH FOUNDATION HAS DEVELOPED TWO MAJOR INITIATIVES: SIMON YOUTH ACADEMIES AND THE SIMON YOUTH SCHOLARSHIP PROGRAM. SIMON YOUTH ACADEMIES, OFTEN LOCATED INSIDE SIMON MALLS, ARE NON-TRADITIONAL SCHOOLS THAT PROVIDE STUDENTS AT RISK OF DROPPING OUT OF HIGH SCHOOL, AND THE DISTRICTS THAT SUPPORT THEM, WITH THE PERSONALIZED SUPPORT THEY NEED TO EARN THEIR DIPLOMAS. ACADEMY STUDENTS RECEIVE JOB AND LIFE-SKILLS TRAINING, INDIVIDUALIZED INSTRUCTION AND SUPPORT, AND ARE ABLE TO SET THE PACE OF THEIR EDUCATION. AS EACH ACADEMY OPERATES IN PARTNERSHIP BETWEEN SYF AND ON OR MORE LOCAL PUBLIC SCHOOL DISTRICTS, STUDENTS EARN THEIR HIGH SCHOOL DIPLOMA FROM THEIR LOCAL PUBLIC SCHOOL DISTRICT, AND TEACHERS RECEIVED TAILORED PROFESSIONAL DEVELOPMENT BEYOND WHAT THE SCHOOL DISTRICT PROVIDES. SINCE 1999, SIMON YOUTH ACADEMIES HAVE MAINTAINED A 90 PERCENT HIGH SCHOOL GRADUATION RATE, HELPING THOUSANDS OF STUDENTS EARN THEIR HIGH SCHOOL DIPLOMAS. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Sarah Beeson - Business relationship, Deborah Simon - Family relationship, Deborah Simon - Business relationship, Taylor Nefuose - Family relationship, Darin Etchison - Business relationship Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM, THE FINANCE COMMITTEE, AND THE TREASURER. IT WILL BE PROVIDED TO EACH BOARD MEMBER BY EMAIL BEFORE IT IS FILED WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy A QUESTIONNAIRE IS SENT ANNUALLY TO ALL BOARD MEMBERS AND STAFF WHICH REQUIRES THEM TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST. THE DIRECTOR OF FINANCE AND ADMINISTRATION REVIEWS THE SIGNED CONFLICT OF INTEREST POLICIES. ANY CONFLICTS ARE REPORTED TO AND DISCUSSED WITH THE FINANCE COMMITTEE. ANY PERSON WITH A CONFLICT ABSTAINS FROM VOTING ON THE RELATED ISSUE. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS DETERMINES OFFICER COMPENSATION FOR SIMON YOUTH FOUNDATION. COMPENSATION REVIEWS WERE LAST CONDUCTED IN JANUARY 2024. ON AN ANNUAL BASIS, THE CHAIR AND MEMBERS OF THE EXECUTIVE COMMITTEE AND/OR BOARD OF DIRECTORS SHALL REVIEW GENERAL AND SPECIFIC COMPENSATION DATA WITHIN THE COMPARABLE MARKET FOR SIMILARLY QUALIFIED INDIVIDUALS IN FUNCTIONALLY COMPARABLE POSITIONS. THE DATA REVIEWED WILL BE USED AS A KEY FACTOR IN DETERMINING COMPENSATION OF SYF'S KEY EMPLOYEES. WHEN NECESSARY, INDEPENDENT CONSULTANTS WILL BE UTILIZED TO HELP ESTABLISH COMPENSATION OBJECTIVES AND METHODS. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO DELIBERATIONS AND DECISIONS REGARDING COMPENSATION SHALL BE MAINTAINED BY THE CHAIR OR HER DESIGNEE. OTHER KEY EMPLOYEES OF THE FOUNDATION ARE REVIEWED IN FEBRUARY OF EACH YEAR BY THE CEO/PRESIDENT. LAST REVIEW HELD IN JANUARY 2024. Form 990, Part VI, Line 15b Process to establish compensation of other employees COO POSITION IS REVIEWED BY THE CEO AND RECOMMENDATION IS APPROVED BY THE BOARD OF DIRECTORS. Form 990, Part VI, Line 19 Required documents available to the public SIMON YOUTH FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part V, Line 2A Employees Reported on Form W-3 THE SIMON PROPERTY GROUP, INC. PREPARES AND MAINTAINS THE PAYROLL RECORDS FOR THE SIMON YOUTH FOUNDATION'S EMPLOYEES UNDER A REIMBURSEMENT PLAN. FORM 990, PART VII, LINE 1A Officers ANDREA NEELY, LE-ANGELA THOMPSON, AND SHERRI SCROGHAM MEET THE IRS DEFINITION OF OFFICER FOR THE FORM 990 BUT ARE NOT OFFICERS OF THE BOARD OF DIRECTORS.