2025-06-16T03:00:57-05:00 2024-07-31 812950760 SAX LLP 1040 AVENUE OF THE AMERICAS-16TH FL NEW YORK NY 10018 990 2023-08-01 133650718 APEX FOR YOUTH INC APEX 2123853574 195 CHRYSTIE STREET 200 NEW YORK NY 10002 JIYOON CHUNG EXECUTIVE DIRECTOR 2123853574 2025-06-16 1 0 MIKE SCHALL P02024184 2126618640 2025-06-12 2023 2025-03-06 01:10:19Z JIYOON CHUNG 195 CHRYSTIE STREET 200 NEW YORK NY 10002 12891667 0 X HTTPS://WWW.APEXFORYOUTH.ORG/ X 1992 NY APEX FOR YOUTH DELIVERS POSSIBILITIES TO UNDERSERVED ASIAN AND IMMIGRANT YOUTH FROM LOW-INCOME FAMILIES IN NYC. APEX RECRUITS WORKING PROFESSIONALS TO VOLUNTEER AND BECOME POSITIVE ROLE MODELS WHO INSPIRE YOUTH TO EXPAND THEIR HORIZONS AND ENVISION WHAT IS POSSIBLE FOR THEIR LIVES. THROUGH MENTORING AND EDUCATIONAL PROGRAMS THAT SERVE STUDENTS FROM PRE-K TO 12TH GRADE AND BEYOND, APEX VOLUNTEERS GUIDE AND SUPPORT YOUTH TO BECOME CONFIDENT, BE READY FOR COLLEGE AND GIVE BACK TO THE COMMUNITY. 18 18 35 933 0 0 5934517 5857703 155235 100 114 240 139667 16983 6229533 5875026 52713 105988 0 0 3802154 4163379 0 0 704206 1569734 1733072 5424601 6002439 804932 -127413 7502736 7218880 2186437 1824523 5316299 5394357 X APEX FOR YOUTH DELIVERS POSSIBILITIES TO UNDERSERVED ASIAN AND IMMIGRANT YOUTH FROM LOW-INCOME FAMILIES IN NYC. APEX RECRUITS WORKING PROFESSIONALS TO VOLUNTEER AND BECOME POSITIVE ROLE MODELS WHO INSPIRE YOUTH TO EXPAND THEIR HORIZONS AND ENVISION WHAT IS POSSIBLE FOR THEIR LIVES. THROUGH MENTORING AND EDUCATIONAL PROGRAMS THAT SERVE STUDENTS FROM PRE-K TO 12TH GRADE AND BEYOND, APEX VOLUNTEERS GUIDE AND SUPPORT YOUTH TO BECOME CONFIDENT, BE READY FOR COLLEGE AND GIVE BACK TO THE COMMUNITY. 0 0 4652383 105988 100 APEX FOR YOUTH EMPOWERS ASIAN AMERICAN YOUTH FROM LOW-INCOME AND IMMIGRANT FAMILIES IN NEW YORK CITY AND BEYOND TO HELP THEM UNLOCK THEIR POTENTIAL AND A WORLD OF POSSIBILITY IN ACTIVE PURSUIT OF A MORE EQUITABLE FUTURE. IN FY 2024, THE ORGANIZATION SERVED OVER 2,500 STUDENTS THROUGH PROGRAMS SPANNING ATHLETICS, COLLEGE & CAREER SUCCESS, ELEMENTARY ENRICHMENT, MENTAL HEALTH, AND MENTORING WITH THE SUPPORT OF OVER 900 VOLUNTEERS AND OVER 40 CULTURALLY COMPETENT AND CARING STAFF MEMBERS. 4652383 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 138 0 1 35 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X PAVAN MAKHIJA 2123853574 195 CHRYSTIE STREET 200 NEW YORK NY 10002 PREETI SRIRATANA CHAIR 3.00 X X 0 0 0 ERIC LEE VICE CHAIR 3.00 X X 0 0 0 KATHY WONG SECRETARY 3.00 X X 0 0 0 BLAISE CHOW TREASURER 3.00 X X 0 0 0 RAYMOND CHAN DIRECTOR 3.00 X 0 0 0 CHRISTOPHER CHAO DIRECTOR 3.00 X 0 0 0 JEFFREY CHEN DIRECTOR 3.00 X 0 0 0 DAVID JAR DIRECTOR 3.00 X 0 0 0 AYA KANAI DIRECTOR 3.00 X 0 0 0 MELODY LEE DIRECTOR 3.00 X 0 0 0 GILBERT LIU DIRECTOR 3.00 X 0 0 0 PATRICK LO DIRECTOR 3.00 X 0 0 0 YUKARI MATSUZAWA PASS DIRECTOR 3.00 X 0 0 0 KAREN WONG DIRECTOR 3.00 X 0 0 0 PATRICK YEE DIRECTOR 3.00 X 0 0 0 WEN ZHOU DIRECTOR 3.00 X 0 0 0 MAXINE NG DALIO DIRECTOR 3.00 X 0 0 0 ROY KIM DIRECTOR 3.00 X 0 0 0 JIYOON CHUNG EXECUTIVE DIRECTOR 40.00 X 179717 0 14372 YAYA YUAN DIRECTOR OF PROGRAMS 40.00 X 114190 0 1234 STEPHANIE AMARNICK HESSOL DEPUTY DIR. OF DEVELOPMENT 40.00 X 111057 0 9583 ALEKSANDR KOGAN DIRECTOR OF OPERATIONS 40.00 X 127228 0 9128 WENDY HU-AU DIRECTOR OF DEVELOPMENT 40.00 X 128452 0 11914 660644 0 46231 5 0 1 0 0 2745583 118848 2993272 15812 5857703 PROGRAM INCOME 900099 100 100 100 384 384 6190059 6190203 -144 -144 -144 826438 2745583 826438 0 OTHER INCOME 900099 15842 15842 SPEAKER FEES 900099 1100 1100 SWAG SALE 900099 41 41 16983 5875026 100 0 17223 105988 105988 207864 103932 51966 51966 3263089 2595301 267073 400715 20705 16653 1589 2463 346571 271107 30950 44514 325150 253038 29784 42328 3640 2730 546 364 106144 106144 232088 174780 31182 26126 194307 101730 9724 82853 380164 375139 2508 2517 8083 5568 1921 594 437590 393831 21879 21880 11192 10015 486 691 33301 33301 47581 42823 2379 2379 PROFESSIONAL DEVELOPMEN 102451 81448 7787 13216 DUES AND SUBSCRIPTIONS 54874 41156 8231 5487 BANK FEES 49385 37039 7408 4938 EVENT EXPENSE 34804 34189 229 386 37468 5916 30763 789 6002439 4652383 645850 704206 1982861 1303714 1423038 2004177 2119322 2255637 91766 174461 238828 160782 111347 78046 1774402 1402845 7502736 7218880 288103 381200 91759 1806575 1443323 2186437 1824523 X 4536420 3784312 779879 1610045 5316299 5394357 7502736 7218880 -127413 75471 130000 0 X 0 1 X 1 0 X 1718288 3922363 5312243 5914517 5857703 22725114 1718288 3922363 5312243 5914517 5857703 22725114 884150 21840964 600 2723 697 384 4404 11339 139667 16983 167989 22897507 575438 0.95390 0.93060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50178 15453 34725 77536 70201 7335 111114 75128 35986 78046 OPERATING LEASE RIGHT-OF-USE ("ROU") ASSETS 1281035 SECURITY DEPOSIT 121810 1402845 OPERATING LEASE OBLIGATION 1443323 1443323 X 6080497 75471 130000 205471 5875026 0 5875026 6002439 0 6002439 0 6002439 PART X, LINE 2: THE ORGANIZATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. TAX FILINGS FOR THE PERIOD ENDING JULY 31, 2021 AND LATER ARE SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. ANNUAL GALA 3020111 2381704 638407 638407 CASINO NIGHT 422475 258183 164292 164292 1 129435 105696 23739 23739 3572021 2745583 826438 826438 826438 0 0 SCHOLARSHIPS 30 105988 PART III APEX FOR YOUTH IS COMMITTED TO SUPPORTING STUDENTS THROUGH COLLEGE AND LESSENING THE FINANCIAL BURDEN THAT COMES WITH PURSUING THEIR ACADEMIC GOALS. THROUGH THE GENEROSITY OF OUR DONORS, APEX WAS ABLE TO AWARD THREE SCHOLARSHIPS TO 18 HIGH SCHOOL SENIORS FROM THE CLASS OF 2024. THE APEX FOR YOUTH COLLEGE SUCCESS SCHOLARSHIP AWARDS 6 STUDENTS UP TO $10K A YEAR FOR 4 YEARS. AWARDEES MUST DEMONSTRATE FINANCIAL NEED, COMMITMENT TO THE COMMUNITY THROUGH VOLUNTEER HOURS AND COMMIT TO JOINING THE APEX ALUMNI PROGRAM. THE NORMAN C.T. LIU SCHOLARSHIP AWARDS 10 APEX YOUTH PROGRAM PARTICIPANTS WITH A $2K AWARD. THE WU FAMILY SCHOLARSHIP AWARDED APEX YOUTH ALUMNI A TOTAL OF 7 SCHOLARSHIPS TOTALING $25,000 WITH AWARDS RANGING FROM $1K - $10K. THE LIN SISTERS SCHOLARSHIP AWARDED 2 APEX YOUTH PARTICIPANTS WITH A $2,500 AWARD. X X X X X 0 0 0 0 0 0 0 0 0 JIYOON CHUNG EXECUTIVE DIRECTOR 179717 0 0 0 0 0 0 0 14372 0 194089 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 IS DISTRIBUTED TO THE BOARD BY EMAIL AND ALL QUESTIONS ARE COLLECTED AND ADDRESSED. 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 GOVERNING 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 GOVERNING 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. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING 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. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER APEX 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. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'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. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS COMPENSATION COMPARISON DATA FOR THE EXECUTIVE DIRECTOR AND OTHER OFFICERS AND KEY EMPLOYEES. MARKET DATA AND NONPROFIT SALARY SURVEYS ARE USED FOR THIS ANALYSIS. INDIVIDUAL BOARD MEMBERS HAVE AN OPPORTUNITY TO PROVIDE FEEDBACK AND INPUT. COMPENSATION FOR TOP MANAGEMENT AND KEY EMPLOYEES IS REVIEWED AND APPROVED AS PART OF THE ANNUAL BUDGET CYCLE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.