2024-11-15T15:07:43-06:00 2023-12-31 390974031 WEGNER CPAS LLP 230 PARK AVE FL 3 NEW YORK NY 101690005 990 2023-01-01 463205620 YLEANA LEADERSHIP FOUNDATION INC YLEA 4432017634 561 10TH AVENUE 38J NEW YORK NY 10036 ALYSSA BOWLBY EXECUTIVE DIRECTOR 4432017634 2024-11-15 1 0 YIGIT UCTUM CPA P01269549 2125511724 2024-11-15 2023 2024-10-15 13:58:12Z X ALYSSA BOWLBY 561 10TH AVENUE 38J NEW YORK NY 10036 1599883 0 X YLEANA.ORG X 2013 DE THE YLEANA LEADERSHIP FOUNDATION, FOUNDED IN 2013, IS A NONPROFIT ORGANIZATION DEDICATED TO CLOSING THE RACIAL WEALTH GAP BY INCREASING ACCESS TO EDUCATION. YLEANA HELPS FIRST-GEN, LOW-SES STUDENTS GET TO AND THROUGH COLLEGE THROUGH ACADEMIC SUPPORT AND TARGETED MENTORING, AND MAKE CRUCIAL WELL-INFORMED EARLY FINANCIAL DECISIONS TOWARD A LIFETIME OF WEALTH ACCUMULATION. 14 14 7 36 0 0 802900 979682 628780 606756 0 0 74 13445 1431754 1599883 0 0 0 0 566923 623175 0 25600 203948 804767 774926 1371690 1423701 60064 176182 358431 568232 187524 221143 170907 347089 X THE YLEANA LEADERSHIP FOUNDATION, FOUNDED IN 2013, IS A NONPROFIT ORGANIZATION DEDICATED TO CLOSING THE RACIAL WEALTH GAP BY INCREASING ACCESS TO EDUCATION. YLEANA HELPS FIRST-GEN, LOW-SES STUDENTS GET TO AND THROUGH COLLEGE THROUGH ACADEMIC SUPPORT AND TARGETED MENTORING, AND MAKE CRUCIAL WELL-INFORMED EARLY FINANCIAL DECISIONS TOWARD A LIFETIME OF WEALTH ACCUMULATION. 0 0 911638 606756 OUR FOUNDATION'S FLAGSHIP PROGRAM IS THE YLEANA LEADERSHIP ACADEMY ("THE ACADEMY") FOUNDED IN 2013. THE ACADEMY IS A RESIDENTIAL SUMMER ACADEMY ON THE CAMPUSES OF COLGATE UNIVERSITY AND MOUNT HOLYOKE COLLEGE FOR RISING HIGH SCHOOL SENIORS PREPARING TO TAKE THE SAT. STUDENTS PREPARE FOR THE SAT, DEVELOP ENTREPRENEURIAL SKILLS, READ, AND DISCUSS THEIR FUTURE WITH COUNSELORS AND EACH OTHER. THE APPROXIMATELY 80 LOW-INCOME STUDENTS WHO ATTEND THE ACADEMY EVERY SUMMER RECEIVE A FULL SCHOLARSHIP - INCLUDING TRANSPORTATION, TUITION, AND ROOM AND BOARD - TO ATTEND ONE OF OUR TWO THREE-WEEK SESSIONS. FOLLOW-UP ACADEMIC SESSIONS ARE ALSO CONDUCTED IN THESE STUDENTS' HOME TOWNS AS THEY PREPARE TO TAKE THAT FALL'S SAT. STUDENTS INCREASE SAT SCORES BY 130-180 POINTS IN A 3-WEEK CAMP. YLEANA'S COLLEGE GRADUATION RATE IS 80%. 911638 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 51 0 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 0 0 CA NY PA MA MD X ALYSSA BOWLBY 4432017634 561 10TH AVE APT 38J NEW YORK NY 10036 ALYSSA BOWLBY EXECUTIVE DIRECTOR 40.00 X X 164602 0 6374 CARMEN BRYANT CHAIR 1.00 X X 0 0 0 JONATHAN NILES-WEED CO-CHAIR 1.00 X X 0 0 0 ANN TAYLOR TREASURER & SECRETARY 1.00 X X 0 0 0 DANIEL HAMMOND DIRECTOR 1.00 X 0 0 0 PAULA MCCREE CHAIR EMERITUS 1.00 X 0 0 0 KRISTIN KRAMER DIRECTOR 1.00 X 0 0 0 PRIYA KAMBHAMPATI DIRECTOR 1.00 X 0 0 0 NNENNA AKOTAOBI DIRECTOR 1.00 X 0 0 0 OKWUDIRI ONYEDUM DIRECTOR 1.00 X 0 0 0 JACOB MAX ROSEN DIRECTOR 1.00 X 0 0 0 REGAN YELDELL DIRECTOR 1.00 X 0 0 0 JESSICA PATEL DIRECTOR 1.00 X 0 0 0 KATHERINE MACLEOD DIRECTOR 1.00 X 0 0 0 REGAB YELDELL DIRECTOR 1.00 X 0 0 0 164602 0 6374 1 0 1 0 0 979682 28958 979682 FEES FOR SERVICE 611710 606756 606756 606756 13445 13445 13445 1599883 606756 0 13445 X 164602 82301 24690 57611 371195 213080 112545 45570 6374 3187 956 2231 34120 25219 7315 1586 46884 32888 9576 4420 7098 7098 95206 95206 25600 25600 318962 239020 27174 52768 39137 32066 3333 3738 48246 25133 13414 9699 18477 18378 99 18369 17034 1335 34159 30706 2728 725 26758 26432 326 13877 13877 10230 7910 2320 CAMP SUPPLIES & VENUES 144407 144407 1423701 911638 308115 203948 149668 266233 28108 140919 100201 3461 6308 97350 7125 4354 5146 2771 69000 57498 358431 568232 117640 111731 10000 49528 59884 59884 187524 221143 X 98429 236934 72478 110155 170907 347089 358431 568232 176182 0 X 0 1 X 1 0 X 530085 411547 358479 802900 979682 3082693 530085 411547 358479 802900 979682 3082693 1780623 1302070 3082693 1868361 0.42240 0.29300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7125 4354 2771 2771 1599883 0 1599883 0 1599883 1423701 0 1423701 0 1423701 0 FIREFLY FUNDRAISING EAST INC 200 NELSON SUITE 3 BROOKLYN NY 11231 GRANT WIRTING 0 0 25600 -25600 25600 -25600 X X 0 0 0 0 0 0 0 0 0 ALYSSA BOWLBY EXECUTIVE DIRECTOR 164602 0 0 0 0 0 0 0 6374 0 170976 0 0 0 SOCRATIC SUMMER ACADEMY LLC WHOLLY OWNED BY YLEANA LEADERSHIP FOUNDATION, INC. ASSET PURCHASE, 0% INTEREST X 115000 59884 0 1 1 59884 X 2 28958 QUOTED MARKET PRICES 0 0 0 SCHEDULE M, PART I, COLUMN (B): YLEANA LEADERSHIP FOUNDATION,INC. IS REPORTING THE NUMBER OF CONTRIBUTIONS IN PART I, COLUMN (B). FORM 990, PART VI, SECTION A, LINE 2 ALYSSA BOWLBY AND JACOB ROSEN HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED AND APPROVED BY THE MEMBERS OF THE GOVERNING BODY BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. THE BOARD OR COMMITTEE SHALL USE THE FOLLOWING PROCEDURE TO ADDRESS CONFLICTS OF INTEREST: A. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. B. THE CHAIRPERSON OF THE BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. C. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE CORPORATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. D. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. E. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD FORMALLY REVIEWS AND APPROVES THE EXECUTIVE DIRECTOR'S SALARY ANNUALLY AND COMPARES THE SALARY TO OTHER SIMILAR SIZED ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROGRAM CONTRACTORS: PROGRAM SERVICE EXPENSES 239,020. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 239,020. MEDIA AND PUBLIC RELATION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,558. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,558. OTHER PROFESSIONAL CONTRACTORS AND TEMP STAFF: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 22,616. FUNDRAISING EXPENSES 52,768. TOTAL EXPENSES 75,384.