2024-05-13T11:51:17-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2022-07-01 824313926 CAROLINA YOUTH COALITION CARO 9802150414 6035 FLORENCE AVENUE 200 CHARLOTTE NC 28212 AARON RANDOLPH EXECUTIVE DIRECTOR 9802150414 2024-05-10 1 AARON RANDOLPH 999009999 0 JOHN NORMAN P01506766 7049985200 2024-04-30 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z AARON RANDOLPH 6035 FLORENCE AVENUE 200 CHARLOTTE NC 28212 1893134 0 X CAROLINAYOUTH.ORG X 2018 NC TO NURTURE AND PROPEL HIGH-ACHIEVING, UNDER-RESOURCED STUDENTS TO AND THROUGH COLLEGE. 6 6 16 90 0 0 1545236 1824167 0 0 -59783 52037 -41893 -36660 1443560 1839544 0 0 0 0 493568 759485 0 148508 288094 355228 432045 848796 1340038 594764 499506 2465131 4261726 0 329497 2465131 3932229 X TO PREPARE HIGH-PERFORMING, UNDER-RESOURCED STUDENTS TO ENTER, EXCEL, AND GRADUATE FROM COLLEGE. 0 0 648194 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.209 FELLOWS IN GRADES 9-12 WERE ENROLLED IN THE TORCH FELLOWS PROGRAM FOR THE 2022-2023 SCHOOL YEAR, A 29% ANNUAL INCREASE. 85% WERE FIRST-GENERATION COLLEGE STUDENTS AND 89% WERE PELL-ELIGIBLE.RESULTS:- 516 HOURS OF TUTORING PROVIDED- 903 HOURS OF MENTORING- 3.2 AVERAGE ACT SCORE GROWTH- 100% ACCEPTED TO 4-YEAR UNIVERSITIES-$13.9M IN SCHOLARSHIPS AND GRANTS EARNED, $6.9M IN SCHOLARSHIPS AND GRANTS REDEEMED- 88% OF SENIORS ATTENDING COLLEGE DEBT-FREE 169420 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.114 COLLEGE FELLOWS WERE ENROLLED IN THE PROGRAM FOR THE 2022-2023 SCHOOL YEAR.RESULTS:- 95% FRESHMEN RETENTION RATE- 100% SOPHOMORE RETENTION RATE- 97% OF COLLEGE FELLOWS REMAINED ENROLLED OR HAVE COMPLETED A DEGREE PROGRAM SINCE 2018. 817614 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 9 0 1 16 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X AARON RANDOLPH 3862888865 6035 FLORENCE AVE SUITE 200 CHARLOTTE NC 28212 KATHRYN KISSAM CHAIR 15.00 X X 0 0 0 LASHONDA FUSELIER TREASURER 5.00 X X 0 0 0 KELLY ADAMCZYK SECRETARY 5.00 X X 0 0 0 DANY NISBET VICE CHAIR 5.00 X X 0 0 0 DAN KAHN BOARD MEMBER 5.00 X 0 0 0 MOLLY SHAW BOARD MEMBER 5.00 X 0 0 0 AARON RANDOLPH EXECUTIVE DIRECTOR 40.00 X 107462 0 14443 107462 0 14443 1 0 0 0 0 131679 31061 1661427 1824167 30938 30938 21099 0 21099 21099 21099 0 131679 53590 -53590 -53590 OTHER INCOME 900099 16930 16930 16930 1839544 0 0 15377 106875 53438 16031 37406 535305 396530 96712 42063 16431 12880 2475 1076 41860 32814 6304 2742 59014 46261 8888 3865 3131 3131 1701 1701 17793 17793 148508 148508 5483 5483 48054 850 47204 25732 11099 14633 25330 24246 1084 90595 57900 32695 23109 23109 33585 15628 17957 2436 2436 SPECIAL EVENTS 61458 56288 5170 COLLEGE TOURS 33302 33302 MISCELLANEOUS 26867 19800 7007 60 ACADEMIC SUPPORT 15875 15875 17594 17594 1340038 817614 234330 288094 985985 1768287 91399 1170343 6656 11508 207021 153749 164990 53272 1222757 1251660 2465131 4261726 29497 300000 0 329497 X 2465131 3932229 2465131 3932229 2465131 4261726 499506 967592 0 X 0 0 0 X 371995 1399473 1481585 1545236 1824167 6622456 371995 1399473 1481585 1545236 1824167 6622456 1801084 4821372 564 103 30938 31605 1599 16930 18529 6672590 0.72260 0.60380 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 207021 153749 53272 53272 BENEFICIAL INTEREST IN ASSETS 1251660 C 1251660 X X X X X X 1 VANDEVER BATTEN 1234 JERICHO LANE CHARLOTTE NC 28270 CAPACITY-BUILDING CAMPAIGN CONSULTING SERVICES 0 0 148508 -148508 148508 -148508 NC MARDI GRAS FUNDRAISER 125128 125128 250 18821 24082 720 SIGNING DAY 5K 6551 6551 300 886 200 500 7831 131679 131679 300 886 450 18821 24582 8551 53590 -53590 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 2023. 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 13390