2024-05-15T23:41:08-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2022-07-01 061308851 DIRECTIONS FOR OUR YOUTH INC DIRE 2123624020 26 BRUCKNER BOULEVARD 5TH FLOOR BRONX NY 10454 ELISA ISTUETA EXECUTIVE DIRECTOR 2123624020 2024-05-15 1 ELISA ISTUETA 999009999 1 GARRETT M HIGGINS P00543209 9143818900 2024-05-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X ELISA ISTUETA 26 BRUCKNER BOULEVARD 5TH FLOOR BRONX NY 10454 6109563 0 X WWW.DFOY.ORG X 1990 NY ORGANIZATION PROVIDING QUALITY OUT-OF-SCHOOL-TIME PROGRAMING IN UNDERSERVED AREAS OF THE BRONX AND MANHATTAN FOR YOUNG PEOPLE ENROLLED IN GRADES K-12.OUR MISSION IS TO ENGAGE YOUNG PEOPLE AS ACTIVE PARTNERS IN THEIR OWN DEVELOPMENT AS THEY SEEK TO BECOME THRIVING, SELF-SUFFICIENT ADULTS AND AGENTS OF CHANGE WITHIN THEIR LOCAL AND GLOBAL COMMUNITIES.DFOY PROVIDES OVER 2,000 STUDENTS WITH HIGH-QUALITY CONTENT-DRIVEN PROGRAMS ENCOURAGING EDUCATIONAL ENRICHMENT, CAREER AWARENESS, CIVIC ENGAGEMENT, AND PERSONAL DEVELOPMENT. 8 8 202 9 0 0 5850348 6109563 0 0 0 0 0 0 5850348 6109563 590264 429099 0 0 4005441 4502878 0 0 24358 951294 1357140 5546999 6289117 303349 -179554 1321106 952413 907243 880695 413863 71718 DFOY'S MISSION IS TO ENGAGE YOUNG PEOPLE AS ACTIVE PARTNERS IN THEIR OWN DEVELOPMENT AS THEY SEEK TO BECOME THRIVING, SELF-SUFFICIENT ADULTS AND AGENTS OF CHANGE WITHIN THEIR LOCAL AND GLOBAL COMMUNITIES. 0 0 3764096 429099 0 IN PARTNERSHIP WITH THE NEW YORK CITY DEPARTMENT OF YOUTH & COMMUNITY DEVELOPMENT, DFOY OPERATES 8 PROGRAMS, AND SERVES 2,000 CHILDREN AND ADOLESCENTS IN OUT OF SCHOOL TIME PROGRAMS AND SUMMER CAMPS. 1986746 0 0 IN PARTNERSHIP WITH THE NEW YORK CITY DEPARTMENT OF EDUCATION, DFOY OPERATES THE LEARNING TO WORK PROGRAM AT THREE SCHOOLS: THE SATELLITE ACADEMY, HIGH SCHOOL FOR EXCELLENCE AND INNOVATION, AND PROVIDING URBAN LEARNERS SUCCESS IN EDUCATION HIGH SCHOOL. THESE ARE TRANSFER SCHOOLS FOR OVER AGE AND UNDER CREDIT YOUNG PEOPLE. DFOY PROVIDED COUNSELING FOR 516 AT RISK YOUTH STRUGGLING TO GRADUATE FROM HIGH SCHOOL. DFOY ALSO PROVIDED PAID INTERNSHIPS FOR 143 YOUTH. 5750842 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 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 231 0 202 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 0 1 1 1 1 0 1 0 0 NY X X ELIZABETH MARRERO 2123624020 26 BRUCKNER BOULEVARD 5TH FLOOR BRONX NY 10454 MARISA DEVINCENTIS CHAIR 2.00 X X 0 0 0 RENE HAMILTON VICE CHAIR 2.00 X X 0 0 0 YAW DARKWA SECRETARY 2.00 X X 0 0 0 FRANSISCO SANCHEZ TREASURER 2.00 X X 0 0 0 CAMILLE C BENT ESQ DIRECTOR 2.00 X 0 0 0 THELMA OFORI ESQ DIRECTOR 2.00 X 0 0 0 LUCIUS OUTLAW III ESQ DIRECTOR 2.00 X 0 0 0 CHRISTINA GETZ DIRECTOR 2.00 X 0 0 0 KIM CONROY ESQ SECRETARY THRU JULY 2022 2.00 X X 0 0 0 ELISA ISTUETA EXECUTIVE DIRECTOR 35.00 X 179855 0 21637 NANA APENTENG CHIEF OPERATING OFFICER 35.00 X 143503 0 18049 ELIZABETH MARRERO DIRECTOR OF OPERATIONS 35.00 X 105236 0 17791 428594 0 57477 3 0 1 0 0 6091978 17585 6109563 6109563 0 0 0 429099 429099 384699 178879 184442 21378 3445859 3280310 164049 1500 376345 360014 16331 295975 269337 25158 1480 5833 5833 259470 176449 83021 13831 12586 1245 40603 36949 3654 105003 95553 9450 115686 105274 10412 3364 3061 303 57988 52769 5219 EVENTS 702027 702027 PROFESSIONAL DEVELOPMEN 33308 30310 2998 MISCELLANEOUS EXPENSE 20027 18225 1802 6289117 5750842 513917 24358 336972 142164 870306 711610 0 1955 1100 8400 112728 88284 1321106 952413 110208 141974 797035 738721 907243 880695 X 413863 71718 413863 71718 1321106 952413 -179554 -162591 0 X X 0 0 0 X 3508298 4037950 3639342 5850348 6109563 23145501 3508298 4037950 3639342 5850348 6109563 23145501 23145501 519 872 1391 23146892 0.99990 0.99990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 SECURITY DEPOSITS 30820 DUE FROM YMS 53669 PREPAID INSURANCE 3795 88284 PAYCHECK PROTECTION PROGRAM LOAN PAYABLE 236127 LOAN ADVANCES 247633 PAYROLL LIABILITIES 254961 738721 1 SCHOLARSHIPS 10 10000 GRADUATION SCHOLARSHIP INCENTIVES 5 4000 STIPENDS 200 415099 PART I, LINE 2: THE STUDENTS RECEIVING STIPENDS ARE PART OF THE LEARNING TO WORK PROGRAMS THAT DFOY RUNS AT THREE NYC HIGH SCHOOLS. THE INTERNSHIP COORDINATOR DEVELOPS INTERNSHIPS FOR STUDENTS FOR A FEW HOURS AFTER SCHOOL. STUDENTS MUST MEET ELIGIBILITY CRITERIA TO ENROLL IN THE INTERNSHIP PROGRAM. THE INTERNSHIP COORDINATOR SUPERVISES INTERNS, VERIFIES COMPLETION OF WORKS, AND SUBMITS STIPEND REQUESTS FOR ENROLLED STUDENTS TO THE FISCAL OFFICE. 0 0 0 0 0 0 0 1 0 ELISA ISTUETA EXECUTIVE DIRECTOR 167855 0 12000 0 0 0 9000 0 12637 0 201492 0 0 0 NANA APENTENG CHIEF OPERATING OFFICER 135503 0 8000 0 0 0 7020 0 11029 0 161552 0 0 0 PART I, LINE 7 THE ORGANIZATION PAID DISCRETIONARY BONUSES TO INDIVIDUALS REPORTED IN PART VII IN 2022. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. WHEN THE FORM 990 HAS BEEN PREPARED AND IS REVIEWED BY MANAGEMENT, THE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE. THE FORM 990 IS ELECTRONICALLY SENT TO THE FULL BOARD AFTER THE FORM 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS APPLICABLE TO BOARD MEMBERS. BOARD MEMBERS SIGN A DISCLOSURE STATEMENT ANNUALLY. ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH BOARD OF DIRECTORS DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST (AS DEFINED BELOW), IS AN INTERESTED PERSON. 1. DUTY TO DISCLOSE 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 OF DIRECTORS DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. 2. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OF DIRECTORS OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OF DIRECTORS OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. 3. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST A. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OF DIRECTORS 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 OF DIRECTORS 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 OF DIRECTORS OR COMMITTEE SHALL DETERMINE WHETHER DFOY 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 OF DIRECTORS OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN DFOY'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT 4. VIOLATIONS OF THE CONFLICTS OF INTEREST POLICY A. IF THE BOARD OF DIRECTORS OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. B. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD OF DIRECTORS OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE EXECUTIVE DIRECTOR IS SET BY THE BOARD OF DIRECTORS. THE BOARD REFERRED TO THE SALARY AND STAFFING TRENDS REPORT ISSUED BY PROFESSIONALS FOR NON-PROFITS STAFFING GROUP. COMPENSATION FOR THE COO AND OTHER TOP MANAGEMENT OFFICIALS IS SET BY THE EXECUTIVE DIRECTOR FOLLOWING GUIDELINES FROM INDUSTRY SALARY SURVEYS. THIS PROCESS WAS LAST UNDERTAKEN IN 2023 TO SET THE COMPENSATION FOR THE EXECUTIVE DIRECTOR. THE PROCESS INCLUDED BOARD APPROVAL AND THE APPROVAL WAS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS MADE AVAILABLE ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 26 BRUCKNER BLVD., 5TH FLOOR, BRONX, NY 10454. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE OVERSEES THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.