Nonprofit · EIN 45-5441493
YOUNG CHANCES FOUNDATION
Tax-exempt (reinstated) · PHILADELPHIA, PA 19145
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $945,689 | $869,936 | $75,753 | $15,438 | $0 | $15,438 |
| December 31, 2024 | 990 | $200,000 | $200,000 | $0 | $0 | $0 | $0 |
| December 31, 2023 | 990-EZ | $0 | – | – | $0 | – | $0 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $945,689
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $26,825
- Salaries, compensation and benefits (total)
- $30,157
- Professional fundraising fees
- $0
- Occupancy
- $11,086
- Travel
- $56,714
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $15,438
- Total liabilities, end of year
- $0
- Net assets, end of year
- $15,438
- Land, buildings and equipment
- $13,839
- Gross receipts
- $945,689
- Employees
- 0
- Year formed
- 2012
- State of legal domicile
- PA
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TYRIQUE GLASGOW | PRESIDENT Trustee or director, Officer | 50 | $0 |
| WADIYA WARNEER | PROGRAM DIRECTOR Trustee or director, Key employee | 40 | $0 |
| SARA SOLANAN | BOARD DIRECTOR Trustee or director | 10 | $0 |
990 for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TYRIQUE GLASGOW | PRESIDENT Officer | 35 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tyrick Glaagow | President | 0 | $0 |
| Jahmal Crandall | Vice President | 0 | $0 |
| Susan Solomon | Chairman | 0 | $0 |
| Wadiya Warner | Treasurer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 2703 TASKER ST, PHILADELPHIA, PA 19145-1243
- Principal officer (990 for 2025)
- TYRIQUE GLASGOW, 2703 TASKER STREET, PHILADELPHIA, PA 19145
- Signed the 990
- TYRIQUE GLASGOW, PRESIDENT
- Phone
- (215) 303-5532
- Website
- YOUNGCHANCES.ORG
- Return prepared by
- Drake Tax Services
Mission
TO PROVIDE FREE EDUCATIONAL, SPORTS, ACTIVITIES, AND FIELD TRIPS TO DISADVANTGED YOUTH. ALONG WITH OTHER FREE RESOURCES SUCH AS COMMUNITY DINNERS AND SPONSORING OF FAMILIES DURING THE HOLIDAYS.
Program accomplishments
- TO PROVIDE FREE EDUCATIONAL, SPORTS, ACTIVITIES, AND FIELD TRIPS TO DISADVANTGED YOUTH. ALONG WITH OTHER FREE RESOURCES SUCH AS COMMUNITY DINNERS AND SPONSORING OF FAMILIES DURING THE HOLIDAYS.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 45-5441493
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $15,438
- Income (IRS master file)
- $945,689
Revocation and reinstatement
- Exemption revoked
- May 15, 2015
- Posted by the IRS
- August 10, 2015
- Reinstated
- Effective May 15, 2015
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $945,689 | $869,936 | $15,438 | XML |
| 990 | December 2024 | $200,000 | $200,000 | $0 | XML |
| 990-EZ | December 2023 | $0 | – | $0 | XML |
| 990-EZ | December 2022 | $15,000 | $15,000 | $1 | IRS |
| 990 | December 2021 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about YOUNG CHANCES FOUNDATION
- What is the EIN of YOUNG CHANCES FOUNDATION?
- The employer identification number (EIN) of YOUNG CHANCES FOUNDATION is 45-5441493.
- Is YOUNG CHANCES FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2015 and reinstated it effective May 15, 2015.
- Are donations to YOUNG CHANCES FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does YOUNG CHANCES FOUNDATION 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 CHANCES FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did YOUNG CHANCES FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of YOUNG CHANCES FOUNDATION?
- The 990 for the year ended December 31, 2025 names TYRIQUE GLASGOW.
- Who are the officers and directors of YOUNG CHANCES FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does YOUNG CHANCES FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $945,689, expenses of $869,936 and total assets of $15,438 at year end.
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