Nonprofit · EIN 26-0557874
YOUNG WOMENS LEADERSHIP ACADEMYFOUNDATION INC
Tax-exempt · CHATTANOOGA, TN 37404
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $552,337 | $1,361,289 | -$808,952 | $20,956,643 | $6,987 | $20,949,656 |
| June 30, 2024 | 990 | $646,734 | $1,482,708 | -$835,974 | $22,051,165 | $292,557 | $21,758,608 |
| June 30, 2023 | 990 | $2,654,101 | $1,081,853 | $1,572,248 | $22,594,582 | $0 | $22,594,582 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $524,721
- Program service revenue
- $0
- Investment income
- $116
- Net rental income
- $27,500
- Other revenue
- $27,500
Expenses
- Grants and similar amounts paid
- $200,000
- Compensation of officers, directors and key employees
- $178,931
- Other salaries and wages
- $96,070
- Salaries, compensation and benefits (total)
- $295,844
- Professional fundraising fees
- $0
- Accounting fees
- $13,919
- Occupancy
- $14,597
- Travel
- $4,851
- Depreciation
- $814,882
- Program services (functional)
- $1,075,272
- Management and general (functional)
- $247,138
- Fundraising (functional)
- $38,879
Balance sheet and other
- Total assets, start of year
- $22,051,165
- Total assets, end of year
- $20,956,643
- Total liabilities, end of year
- $6,987
- Net assets, end of year
- $20,949,656
- Land, buildings and equipment
- $20,346,542
- Net assets without donor restrictions
- $20,949,656
- Gross receipts
- $552,337
- Employees
- 2
- Volunteers
- 0
- Year formed
- 2007
- State of legal domicile
- TN
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR ELAINE SWAFFORD | DIRECTOR Officer | 40 | $174,671 |
| SUE ANNE WELLS | BOARD MEMBER Trustee or director | 1 | $0 |
| MARYO BECK | BOARD MEMBER Trustee or director | 1 | $0 |
| THOMPSON WELLS | BOARD MEMBER Trustee or director | 1 | $0 |
| JEANNE HINCHEE | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR ELAINE SWAFFORD | DIRECTOR Officer | 40 | $168,332 |
| SUE ANNE WELLS | BOARD MEMBER Trustee or director | 1 | $0 |
| GRANT LAW | BOARD MEMBER Trustee or director | 1 | $0 |
| CHERYL GODWIN | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR ELAINE SWAFFORD | DIRECTOR Officer | 40 | $164,624 |
| SUE ANNE WELLS | BOARD MEMBER Trustee or director | 1 | $0 |
| GRANT LAW | BOARD MEMBER Trustee or director | 1 | $0 |
| CHERYL GODWIN | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1802 BAILEY AVE, CHATTANOOGA, TN 37404-3005
- In care of
- % SUE ANN WELLS
- Mailing address (990-N for 2007)
- c/o Geoffrey G Young, 832 Georgia Avenue Ste 1000, Chattanooga TN 37402
- Principal officer (990 for 2024)
- DR ELAINE SWAFFORD, 1802 BAILEY AVENUE, CHATTNOOGA, TN 37404
- Principal officer (990-N for 2007)
- Sue Anne Wells, 1264 Carter Lake Road, Chattanooga TN 37405
- Signed the 990
- DR ELAINE SWAFFORD, EXECUTIVE DIRECTOR
- Phone
- (423) 698-4472
- Return prepared by
- JOHNSON HICKEY & MURCHISON PC
Mission
TO PROVIDE GIRLS AND YOUNG WOMEN WITH A RIGOROUS COLLEGE PREPARATORY EDUCATION FOCUSED ON MATH, SCIENCE AND TECHNOLOGY IN A SUPPORTIVE ENVIRONMENT THAT NURTURES SELF CONFIDENCE, INSPIRES LEADERSHIP, ENCOURAGES CRITICAL THINKING, AND PROMOTES ACADEMIC EXCELLENCE.
Program accomplishments
- THE YOUNG WOMEN'S LEADERSHIP ACADEMY WAS FOUNDED IN 2007 TO ENHANCE EDUCATIONAL OPPORTUNITIES FOR GIRLS IN HAMILTON COUNTY, TENNESSEE. THE FOUNDATION SPONSORS THE CHATTANOOGA GIRLS LEADERSHIP ACADEMY AND MONTESSORI ELEMENTARY AT HIGHLAND PARK, PROVIDING ON-GOING ASSISTANCE AND SUPPORT.Expenses $1,075,272 · grants $200,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 26-0557874
- 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
- 2007
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $20,956,643
- Income (IRS master file)
- $552,337
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $552,337 | $1,361,289 | $20,956,643 | XML |
| 990 | June 2024 | $646,734 | $1,482,708 | $22,051,165 | XML |
| 990 | June 2023 | $2,654,101 | $1,081,853 | $22,594,582 | XML |
| 990 | June 2022 | $3,107,654 | $1,364,877 | $23,423,018 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2007 Officer: Sue Anne Wells | December 31, 2007 | ≤ $50,000 receipts | – | – | e-Postcard |
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 26-0557874).
Questions about YOUNG WOMENS LEADERSHIP ACADEMYFOUNDATION INC
- What is the EIN of YOUNG WOMENS LEADERSHIP ACADEMYFOUNDATION INC?
- The employer identification number (EIN) of YOUNG WOMENS LEADERSHIP ACADEMYFOUNDATION INC is 26-0557874.
- Is YOUNG WOMENS LEADERSHIP ACADEMYFOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to YOUNG WOMENS LEADERSHIP ACADEMYFOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does YOUNG WOMENS LEADERSHIP ACADEMYFOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of YOUNG WOMENS LEADERSHIP ACADEMYFOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did YOUNG WOMENS LEADERSHIP ACADEMYFOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of YOUNG WOMENS LEADERSHIP ACADEMYFOUNDATION INC?
- The 990 for the year ended June 30, 2025 names DR ELAINE SWAFFORD.
- Who are the officers and directors of YOUNG WOMENS LEADERSHIP ACADEMYFOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $174,671 (DR ELAINE SWAFFORD, DIRECTOR).
- How much revenue does YOUNG WOMENS LEADERSHIP ACADEMYFOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $552,337, expenses of $1,361,289 and total assets of $20,956,643 at year end.
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