2025-11-13T12:07:00-06:00 2024-12-31 390974031 WEGNER CPAS LLP 230 PARK AVE FL 3 NEW YORK NY 101690005 990 2024-01-01 463205620 YLEANA LEADERSHIP FOUNDATION INC YLEA 4432017634 137 MONTAGUE ST 236 BROOKLYN NY 11201 ALYSSA BOWLBY EXECUTIVE DIRECTOR 4432017634 2025-11-10 1 1 YIGIT UCTUM CPA P01269549 2125511724 2025-11-10 2024 2025-03-06 01:10:19Z X ALYSSA BOWLBY 137 MONTAGUE ST 236 BROOKLYN NY 11201 596589 0 X YLEANA.ORG X 2013 DE TO ASSIST ADOLESCENTS FROM DISADVANTAGED COMMUNITIES AS THEY APPLY TO COLLEGES; PREPARING THEM BOTH FOR THE ADMISSIONS PROCESS - INCLUDING STANDARDIZED TESTS SUCH AS THE SAT AND ACT, APPLICATION ESSAYS, AND FOR SUCCESS IN COLLEGE AND BEYOND, THROUGH MENTORSHIPS, ENTREPRENEURSHIP AND NEGOTIATION WORKSHOPS, AND TRAINING. THE ORGANIZATION WILL FUND, PLAN, PREPARE AND ADMINISTER SUMMER RESIDENTIAL ACADEMIC PROGRAMS FOR HIGH SCHOOL STUDENTS ON A SCHOLARSHIP BASIS; CONTINUE TO MENTOR THOSE STUDENTS IN THE MONTHS AND YEARS TO COME, ENCOURAGING FORMER PROGRAM ATTENDEES TO MENTOR FUTURE ATTENDEES; RESEARCH TEACHING METHODS TO BETTER THOSE PROGRAMS; RAISE MONEY FOR THOSE PROGRAMS; AND PERFORM RELATED ACTIVITIES. 11 10 10 20 0 0 979682 394109 606756 188182 0 8989 13445 5309 1599883 596589 0 0 0 0 623175 502898 25600 0 134468 774926 264045 1423701 766943 176182 -170354 568232 187815 221143 11080 347089 176735 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 404977 0 188182 THE YLEANA LEADERSHIP FOUNDATION, FOUNDED IN 2013, SEES THE US'S RACIAL WEALTH GAP (ECONOMIC/WEALTH ACCUMULATION) AS A CONSEQUENCE OF THE OPPORTUNITY GAP (EDUCATION). OUR MISSION IS TO DECREASE THE OPPORTUNITY GAP IN ORDER TO DECREASE THE RACIAL WEALTH GAP. BY GETTING STUDENTS READY FOR COLLEGE WITH THE ACADEMIC AND SOFT SKILLS THEY NEED TO SUCCEED, AND PROVIDING THE SUPPORT THAT ALLOWS THEM TO MAKE IT THROUGH COLLEGE AND GRADUATE, WE INCREASE STUDENTS' ABILITY TO ACCESS THE BEST OPPORTUNITIES POSSIBLE TO CHANGE THEIR ECONOMIC POSITION AND ABILITY TO ACCUMULATE WEALTH AS ADULTS.OUR POPULATION IS 95% BIPOC, PRIMARILY BLACK AND LATINX, WITH AN AVERAGE FAMILY INCOME OF $32,829. WE PARTNER WITH HIGH SCHOOLS AND CBOS IN BALTIMORE, BOSTON/NORTH SHORE MA, NYC, AND PHILADELPHIA. WE ARE EMPHATICALLY A NON-CREAMING ORGANIZATION, MEANING OUR ACTIONS ARE DIRECTED AT SLOW, INCREMENTAL CHANGE IN THE THICK MIDDLE OF THE CURVE.BY INCREASING THE SELECTIVITY OF THE COLLEGES OUR STUDENTS ATTEND, WE: [1] INCREASE COLLEGE GRADUATION RATES AND ACCESS TO MORE SUPPORTIVE PROGRAMMING; [2] SECURE BETTER FINANCIAL AID PACKAGES AND DECREASE LOANS, ALLOWING STUDENTS TO START LIFE WITH LESS DEBT; [3] INCREASE SALARIES AFTER GRADUATION - DOUBLE AND TRIPLE WHAT STUDENTS WOULD HAVE MADE AFTER A LESS SELECTIVE COLLEGE.WE ALSO PROVIDE ONGOING SUPPORT TO OUR STUDENTS TO AND THROUGH COLLEGE: WE ENSURE THEY HAVE THE SUPPORT THEY NEED TO GET INTO COLLEGE, PERSIST THROUGH COLLEGE AND TRANSITION SUCCESSFULLY INTO A CAREER - WITH THE AID OF THE FOLLOWING PROGRAMS: [1] COLLEGE ACCESS MENTORING; [2] COLLEGE SUCCESS (PERSISTENCE) MENTORING; [3] COLLEGE-TO-CAREER TRANSITIONAL MENTORING; [4] JOB/INTERNSHIP DATABASE; [5] SAFETY NET: ONCE YOU'RE PART OF THE YLEANA FAMILY, YOU'RE FAMILY FOREVER - WE'RE HERE FOR YOU, WHATEVER YOU NEED!OUR WORK MOVES THE NORMAL COLLEGE GRADUATION RATE FROM 11% (COLLEGE GRAD RATE FOR LOW-SES, FIRST-GEN STUDENTS) TO 80% (COLLEGE GRAD RATE FOR YLEANA STUDENTS). DOUBLING OR TRIPLING GRADUATION RATES AND CUTTING STUDENT LOANS IN HALF/GETTING RID OF THEM COMPLETELY MEANS YLEANA HAS A DISCRETE ECONOMIC IMPACT ON STUDENTS' FINANCIAL OUTCOMES AND ABILITY TO ACCUMULATE WEALTH. WE MULTIPLY THE COLLEGE GRADUATION RATE BY ALMOST 8, MEANING THAT WE ARE TAKING THE NUMBER OF LOW-SES, FIRST-GEN STUDENTS WHO CAN BENEFIT FROM THE $1M INCREASE IN LIFETIME EARNINGS THAT COMES WITH A COLLEGE DEGREE - AND MULTIPLYING THAT NUMBER BY 8.THROUGH THIS SERIES OF INTENTIONAL COLLEGE-RELATED FINANCIAL DECISIONS AND SUPPORT THROUGH COLLEGE, WE ARE INCREMENTALLY MOVING THE MIDDLE OF THE ECONOMIC CURVE - WHICH HAS THE POWER TO ULTIMATELY MOVE THE CENTER OF THE US ECONOMIC PYRAMID, FOR THE LONGEST-RANGING AND BROADEST IMPACT ON THE INCOME DISTRIBUTION OF THE UNITED STATES. 404977 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 17 0 10 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 1 0 0 CA NY PA MA MD X ALYSSA BOWLBY 4432017634 137 MONTAGUE ST SUITE 236 BROOKLYN NY 11201 ALYSSA BOWLBY EXECUTIVE DIRECTOR 40.00 X X 159000 0 6374 CARMEN BRYANT PRESIDENT 1.00 X X 0 0 0 ANN TAYLOR TREASURER 1.00 X X 0 0 0 DANIEL HAMMOND DIRECTOR 1.00 X 0 0 0 PAULA MCCREE DIRECTOR 1.00 X 0 0 0 KRISTIN KRAMER DIRECTOR 1.00 X 0 0 0 ASNA JADEJA 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 JESSICA PATEL DIRECTOR 1.00 X 0 0 0 KATHERINE MACLEOD DIRECTOR 1.00 X 0 0 0 159000 0 6374 1 0 1 0 0 85885 308224 2101 394109 FEES FOR SERVICE 611710 188182 188182 188182 8989 8989 5309 5309 5309 596589 188182 0 14298 165374 82687 24806 57881 287831 163388 78979 45464 14889 8371 3937 2581 34804 18919 8009 7876 72348 72348 69166 49417 13512 6237 34721 28143 3289 3289 9694 3413 4263 2018 14913 11398 3515 14088 12986 1102 9803 9452 351 5947 137 3955 1855 14272 14272 3897 2118 897 882 DUES & SUBSCRIPTIONS 15196 276 8886 6034 766943 404977 227498 134468 266233 43090 140919 75850 3461 216 97350 0 0 22662 7125 7125 2771 0 57498 45997 568232 187815 111731 11080 49528 0 59884 0 221143 11080 X 236934 135605 110155 41130 347089 176735 568232 187815 -170354 0 X 0 0 0 X 411547 352479 802900 979682 394109 2940717 411547 352479 802900 979682 394109 2940717 1262702 1678015 8989 8989 2949706 2061852 0.56890 0.42240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7125 7125 0 0 X X 0 0 0 0 0 0 0 0 0 ALYSSA BOWLBY EXECUTIVE DIRECTOR 159000 0 0 0 0 0 0 0 6374 0 165374 0 0 0 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.