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Nonprofit · EIN 13-2828583

YOUNG PEOPLES LEADERSHIP FOUNDATION INC

Tax-exempt · NEW YORK, NY 10028

Financials

$14K$95K2022
Revenue Expenses · by fiscal year end
Financials of YOUNG PEOPLES LEADERSHIP FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2023990$13,678$95,434-$81,756$974,378$0$974,378
Financial details: 990 for the year ended August 31, 2023

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$13,678
Net gain from sales of assets
-$2,389
Other revenue
$0

Expenses

Grants and similar amounts paid
$30,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$16,625
Accounting fees
$2,000
Occupancy
$1,824
Program services (functional)
$44,023
Management and general (functional)
$51,411

Balance sheet and other

Total assets, start of year
$964,661
Total assets, end of year
$974,378
Total liabilities, end of year
$0
Net assets, end of year
$974,378
Net assets without donor restrictions
$974,378
Gross receipts
$316,456
Employees
0
Volunteers
3
Year formed
1975
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended August 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
DAVID SCHNERPRESIDENT
Trustee or director, Officer
5$0
LILIANE KELLYVICE PRES. & SECRETARY
Trustee or director, Officer
5$0
STEVEN JONESVICE PRESIDENT & TREASURER
Trustee or director, Officer
5$0

Address and contacts

Address (IRS master file)
157 E 86TH ST STE 202, NEW YORK, NY 10028-2113
In care of
% D STEFFENS CPA
Mailing address (990-N for 2024)
157 E 86TH ST 202, NEW YORK NY 10028
Principal officer (990 for 2022)
STEVEN JONES, 157 E 86TH ST 202, NEW YORK, NY 10028
Principal officer (990-N for 2024)
STEVEN JONES, 157 E 86TH ST 202, NEW YORK NY 10028
Signed the 990
STEVEN JONES, TREASURER & SECRETARY
Phone
(212) 967-1100
Return prepared by
SKODY SCOT & CO CPAS PC

Mission

THE YOUNG PEOPLE'S LEADERSHIP FOUNDATION, INC. AWARDS SCHOLARSHIPS, GRANTS, AND STIPENDS TO INDIVIDUALS THAT DEMONSTRATE STRONG ABILITIES BUT LACK FINANCIAL MEANS TO ATTEND SCHOOL OR PARTICIPATE IN EDUCATIONALLY-ENRICHING EXTRACURRICULAR PROGRAMS. (SEE SCHEDULE O) THE FOUNDATION ALSO AWARDS GRANTS DIRECTLY TO SCHOOLS, COMMUNITY-ORIENTED 501(C)(3) ORGANIZATIONS AND OTHER ENTITIES THAT PROVIDE EDUCATION-RELATED PROGRAMS OR SERVICES THAT INDIVIDUALS CAN PARTICIPATE IN AS A VEHICLE FOR FUTURE SUCCESS. IT IS THE PRIMARY VISION OF THE FOUNDATION THAT ANY FUNDS AWARDED, WHETHER TO AN INDIVIDUAL OR TO AN ORGANIZATION, BENEFITS THOSE FROM UNDERREPRESENTED, UNDERPRIVILEGED, OR UNDERSERVED BACKGROUNDS TO HELP THE YOUNG LEADERS OF TOMORROW GAIN THE EDUCATION AND SKILLS NEEDED TO ACHIEVE THEIR GOALS.

990 for the year ended August 31, 2023

Program accomplishments

  • THE YOUNG PEOPLE'S LEADERSHIP FOUNDATION, INC. AWARDS SCHOLARSHIPS, GRANTS, AND STIPENDS TO INDIVIDUALS THAT DEMONSTRATE STRONG ABILITIES BUT LACK FINANCIAL MEANS TO ATTEND SCHOOL OR PARTICIPATE IN EDUCATIONALLY-ENRICHING EXTRACURRICULAR PROGRAMS. THE FOUNDATION ALSO AWARDS GRANTS DIRECTLY TO SCHOOLS, COMMUNITY-ORIENTED 501(C)(3) ORGANIZATIONS AND OTHER ENTITIES THAT PROVIDE EDUCATION-RELATED PROGRAMS OR SERVICES THAT INDIVIDUALS CAN PARTICIPATE IN AS A VEHICLE FOR FUTURE SUCCESS. IT IS THE PRIMARY VISION OF THE FOUNDATION THAT ANY FUNDS AWARDED, WHETHER TO AN INDIVIDUAL OR TO AN ORGANIZATION, BENEFITS THOSE FROM UNDERREPRESENTED, UNDERPRIVILEGED, OR UNDERSERVED BACKGROUNDS TO HELP THE YOUNG LEADERS OF TOMORROW GAIN THE EDUCATION AND SKILLS NEEDED TO ACHIEVE THEIR GOALS. (SEE SCHEDULE O)WE ALSO ARE IN THE PROCESS OF PARTNERING WITH LOCAL ORGANIZATIONS THAT PROVIDE INTERNSHIP OPPORTUNITIES, SCHOLARSHIPS, AND COLLEGE PREP. ONE OF THE FOUNDATION'S LARGEST ACCOMPLISHMENTS WAS FUNDING THE CONSTRUCTION OF A LOCAL LIBRARY IN UPSTATE NEW YORK'S FINGER LAKES REGION. THAT LIBRARY HAS BEEN GREATLY BENEFICIAL TO THE LOCAL COMMUNITY AND THEY HAVE DEVELOPED MANY PROGRAMS FOCUSED ON YOUNG PEOPLE AND EDUCATION.
    Expenses $44,023 · grants $30,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
13-2828583
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1976
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024
Officer: STEVEN JONES
December 31, 2024≤ $50,000 receipts––e-Postcard
990-N for 2023
Officer: STEVEN JONES
December 31, 2023≤ $50,000 receipts––e-Postcard
990August 2023$13,678$95,434$974,378XML
990August 2022$36,418$158,568$964,661IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-2828583).

Questions about YOUNG PEOPLES LEADERSHIP FOUNDATION INC

What is the EIN of YOUNG PEOPLES LEADERSHIP FOUNDATION INC?
The employer identification number (EIN) of YOUNG PEOPLES LEADERSHIP FOUNDATION INC is 13-2828583.
Is YOUNG PEOPLES LEADERSHIP FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
Are donations to YOUNG PEOPLES LEADERSHIP FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does YOUNG PEOPLES LEADERSHIP FOUNDATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of YOUNG PEOPLES LEADERSHIP FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did YOUNG PEOPLES LEADERSHIP FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended December 31, 2024.
Who is the principal officer of YOUNG PEOPLES LEADERSHIP FOUNDATION INC?
The 990 for the year ended August 31, 2023 names STEVEN JONES.
Who are the officers and directors of YOUNG PEOPLES LEADERSHIP FOUNDATION INC?
The 990 for the year ended August 31, 2023 lists 3 people; 0 received compensation from the organization.
How much revenue does YOUNG PEOPLES LEADERSHIP FOUNDATION INC have?
On its 990 for the year ended August 31, 2023 it reported revenue of $13,678, expenses of $95,434 and total assets of $974,378 at year end.

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