2025-05-13T15:12:36-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2023-07-01 824313926 CAROLINA YOUTH COALITION CARO 9802150414 6035 FLORENCE AVENUE 200 CHARLOTTE NC 28212 AARON RANDOLPH EXECUTIVE DIRECTOR 9802150414 2025-05-13 1 1 KATHRINE A WARLICK P02065266 7049985200 2025-05-13 2023 2025-03-06 01:10:19Z AARON RANDOLPH 6035 FLORENCE AVENUE 200 CHARLOTTE NC 28212 9099169 0 X CAROLINAYOUTH.ORG X 2018 NC TO NURTURE AND PROPEL HIGH-ACHIEVING, UNDER-RESOURCED STUDENTS TO AND THROUGH COLLEGE. 8 8 19 100 0 0 1824167 8998051 0 0 52037 101118 -36660 -54495 1839544 9044674 0 0 0 0 759485 1026864 148508 161170 356486 432045 660671 1340038 1848705 499506 7195969 4261726 11301024 329497 17468 3932229 11283556 X TO PREPARE HIGH-PERFORMING, UNDER-RESOURCED STUDENTS TO ENTER, EXCEL, AND GRADUATE FROM COLLEGE. 0 0 1006873 TORCH FELLOWS PROGRAM*OUR FLAGSHIP PROGRAM PAIRS HIGH-ACHIEVING, UNDER-RESOURCED HIGH SCHOOL STUDENTS CALLED "FELLOWS," WITH MENTORS AND A COMPREHENSIVE SET OF COLLEGE-PREPARATORY RESOURCES THROUGH A HIGH-TOUCH OUT-OF-SCHOOL TIME PROGRAM THAT INCLUDES PERSONALIZED COLLEGE APPLICATION GUIDANCE, ACT PREP, WRITING COACHING, COLLEGE TOURS, CAREER EXPLORATION, LEADERSHIP DEVELOPMENT, AND A TIGHT-KNIT COMMUNITY OF LIKE-MINDED PEERS. OUR GOAL IS TO ENSURE EACH FELLOW IS PREPARED TO IDENTIFY, GAIN ENTRANCE TO, AND SUCCESSFULLY MATRICULATE THROUGH A BEST-FIT COLLEGE WITH AS LITTLE DEBT AS POSSIBLE. THE PROGRAM IS PROVIDED AT NO COST TO FELLOWS.253 FELLOWS IN GRADES 9-12 WERE ENROLLED IN THE TORCH FELLOWS PROGRAM FOR THE 2023-2024 SCHOOL YEAR, A 21% ANNUAL INCREASE. 92% WERE FIRST-GENERATION COLLEGE STUDENTS AND 81% WERE PELL-ELIGIBLE.RESULTS:- 3-POINT AVERAGE ACT SCORE GROWTH- 46% OF SENIORS MET 3+ ACT BENCHMARKS- 98% COLLEGE ENROLLMENT-$17.7M IN SCHOLARSHIPS AND GRANTS EARNED, $7.5M IN SCHOLARSHIPS AND GRANTS REDEEMED- 75% OF SENIORS ATTENDING COLLEGE DEBT-FREE*PROGRAM FUNDED PRIMARILY THROUGH UNRESTRICTED CONTRIBUTIONS. 202146 COLLEGE FELLOWS PROGRAM*GRADUATES OF CYC'S TORCH FELLOWS PROGRAM TRANSITION TO BECOMING COLLEGE FELLOWS AND ARE ENROLLED IN THE COLLEGE PERSISTENCE PROGRAM TO ENSURE THEY SUCCESSFULLY TRANSITION TO AND PERSIST THROUGH COLLEGE. SERVICES INCLUDE INDIVIDUALIZED COLLEGE MATRICULATION SUPPORT DURING FRESHMAN AND SOPHOMORE YEAR, CONNECTION TO INTERNSHIP AND JOB OPPORTUNITIES, CAREER COACHING AND MENTORING, AND EMERGENCY FINANCIAL ASSISTANCE. OUR GOAL IS TO ENSURE FELLOWS GRADUATE FROM COLLEGE WITH STRONG CAREER AND POSTGRADUATE PROSPECTS AND ARE ACTIVELY ENGAGED IN MAKING A CHANGE IN THEIR COMMUNITIES. THE PROGRAM IS PROVIDED AT NO COST TO FELLOWS.154 COLLEGE FELLOWS WERE ENROLLED IN THE PROGRAM FOR THE 2023-2024 SCHOOL YEAR.RESULTS:- 94% FRESHMEN RETENTION RATE- 96% SOPHOMORE RETENTION RATE- 97% OF COLLEGE FELLOWS REMAINED ENROLLED OR HAVE COMPLETED A DEGREE PROGRAM SINCE 2018.- 25 COLLEGE GRADUATES*PROGRAM FUNDED PRIMARILY THROUGH UNRESTRICTED CONTRIBUTIONS. 1209019 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 14 0 1 19 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X AARON RANDOLPH 9802150414 6035 FLORENCE AVE SUITE 200 CHARLOTTE NC 28212 KATHRYN KISSAM CHAIR 10.00 X X 0 0 0 DANY NISBET VICE CHAIR 5.00 X X 0 0 0 LASHONDA FUSELIER TREASURER 5.00 X X 0 0 0 STEVE BOLAND SECRETARY 5.00 X X 0 0 0 NATALIE ALSTON BOARD MEMBER 2.00 X 0 0 0 KATIE-ROSE AUSTIN BOARD MEMBER 2.00 X 0 0 0 DAN KAHN BOARD MEMBER 2.00 X 0 0 0 MOLLY SHAW BOARD MEMBER 2.00 X 0 0 0 AARON RANDOLPH EXECUTIVE DIRECTOR 40.00 X 117626 0 18733 117626 0 18733 1 0 0 0 VANDEVER BATTEN 1234 JERICHO LANE CHARLOTTE NC 28270 MAJOR GIFTS CAMPAIGN FUNDRAISING CONSULT 138970 1 59507 85000 8853544 39848 8998051 95517 95517 5601 0 5601 5601 5601 0 59507 54495 -54495 -54495 9044674 0 0 46623 144818 107952 13399 23467 718938 535921 66517 116500 20548 15317 1901 3330 60693 45243 5615 9835 81867 61026 7575 13266 2331 2331 28713 28713 161170 161170 5791 5791 30349 5330 10683 14336 45612 35082 7164 3366 17152 13692 3350 110 141313 108692 22194 10427 23975 19138 4683 154 27684 22099 5408 177 22188 4415 17773 6069 2988 2733 348 SPECIAL EVENTS 92835 55701 37134 COLLEGE TOURS 67789 67789 ACADEMIC SUPPORT 44122 44122 COLLEGE PERSISTENCE PRO 32365 32365 72383 32147 40236 1848705 1209019 283200 356486 1768287 2643675 1170343 6554039 6656 11508 12034 255222 197446 53272 57776 1266142 1251660 767358 4261726 11301024 29497 17468 300000 329497 17468 X 3932229 4513758 6769798 3932229 11283556 4261726 11301024 7195969 155358 0 X 0 1 X 1 0 X 1399473 1481585 1545236 1824167 8998051 15248512 1399473 1481585 1545236 1824167 8998051 15248512 6639498 8609014 564 103 30938 95517 127122 1599 16930 18529 15394163 0.55920 0.72260 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2020 AMOUNT: $ 1,599. 2022 AMOUNT: $ 16,930. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 255222 197446 57776 57776 BENEFICIAL INTEREST IN ASSETS 767358 F 767358 X PART X, LINE 2: CYC IS A NORTH CAROLINA NONPROFIT CORPORATION AND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. CYC IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. CYCMOBILE, LLC IS A SINGLE-MEMBER LIMITED LIABILITY COMPANY WHICH DOES NOT HAVE A SEPARATE TAX REPORTING STATUS. ADDITIONALLY, MANAGEMENT BELIEVES CAROLINA YOUTH COALITION DOES NOT HAVE INCOME SUBJECT TO UNRELATED BUSINESS INCOME TAX. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED IN THE CONSOLIDATED FINANCIAL STATEMENTS. CAROLINA YOUTH COALITION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL. STATE, AND LOCAL AUTHORITIES. CAROLINA YOUTH COALITION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. CAROLINA YOUTH COALITION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE TAXES. U.S. GAAP REQUIRES CAROLINA YOUTH COALITION TO RECOGNIZE A TAX BENEFIT OR EXPENSE FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAT NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT BELIEVES CAROLINA YOUTH COALITION HAD NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2024 OR 2023. X X X X X X X 1 VANDEVER BATTEN 1234 JERICHO LANE CHARLOTTE NC 28270 CAMPAIGN CONSULTATION SERVICES 0 8974586 126000 8974586 SCHERMBECK CONSULTING 809 WESTMERE AVE SUITE C-146 CHARLOTTE NC 28208 CAMPAIGN CONSULTATION SERVICES 0 0 22200 0 GIGI HARRIS 1431 SCOTLAND AVENUE CHARLOTTE NC 28207 CAMPAIGN CONSULTATION SERVICES 0 0 12000 0 8974586 160200 8974586 NC MARDI GRAS FUNDRAISER 59507 59507 350 32500 19317 2328 59507 59507 350 32500 19317 2328 54495 -54495 X 17976 FAIR MARKET VALUE X CHROMEBOOKS 60 15122 FAIR MARKET VALUE X GIFT CARDS 63 6750 FACE VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE FORM 990 DRAFT IS PROVIDED TO THE ENTIRE BOARD FOR APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C TO ENSURE THE CORPORATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: (A) WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING, (B) WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE CORPORATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT, OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A KEY EMPLOYEE COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS ANNUALLY DURING THE JUNE MEETING. COMPENSATION IS BASED ON PERFORMANCE REVIEWS AND BENCHMARKING WITH OTHER COMPARABLE POSITIONS THROUGHOUT THE INDUSTRY. DECISIONS REGARDING EXECUTIVE DIRECTOR COMPENSATION ARE MADE DURING A CLOSED, EXECUTIVE SESSION WITH MEMBERS OF THE BOARD OF DIRECTORS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 ELECTRONIC DOCUMENTS, INCLUDING GOVERNING DOCUMENTS, THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS, ARE MADE AVAILABLE UPON REQUEST. FINANCIAL FILINGS AND OUR ANNUAL REPORT ARE ALSO AVAILABLE ON GUIDESTAR. CYCMOBILE LLC 6035 FLORENCE AVE STE 200 CHARLOTTE NC 28212 832089469 RELATED NC 55779