Nonprofit · EIN 46-3205620
YLEANA LEADERSHIP FOUNDATION INC
Also known as YLEANA LEADERSHIP ACADEMY
Tax-exempt (reinstated) · NEW YORK, NY 10036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $596,589 | $766,943 | -$170,354 | $187,815 | $11,080 | $176,735 |
| December 31, 2023 | 990 | $1,599,883 | $1,423,701 | $176,182 | $568,232 | $221,143 | $347,089 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $394,109
- of which government grants
- $85,885
- Program service revenue
- $188,182
- Investment income
- $8,989
- Other revenue
- $5,309
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $165,374
- Other salaries and wages
- $287,831
- Salaries, compensation and benefits (total)
- $502,898
- Professional fundraising fees
- $0
- Accounting fees
- $72,348
- Occupancy
- $14,088
- Travel
- $9,803
- Depreciation
- $14,272
- Program services (functional)
- $404,977
- Management and general (functional)
- $227,498
- Fundraising (functional)
- $134,468
Balance sheet and other
- Total assets, start of year
- $568,232
- Total assets, end of year
- $187,815
- Total liabilities, end of year
- $11,080
- Net assets, end of year
- $176,735
- Net assets without donor restrictions
- $135,605
- Net assets with donor restrictions
- $41,130
- Gross receipts
- $596,589
- Employees
- 10
- Volunteers
- 20
- Year formed
- 2013
- State of legal domicile
- DE
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ALYSSA BOWLBY | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $159,000 | $6,374 |
| CARMEN BRYANT | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| ANN TAYLOR | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DANIEL HAMMOND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAULA MCCREE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRISTIN KRAMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ASNA JADEJA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| OKWUDIRI ONYEDUM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JACOB MAX ROSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JESSICA PATEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATHERINE MACLEOD | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ALYSSA BOWLBY | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $164,602 | $6,374 |
| CARMEN BRYANT | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JONATHAN NILES-WEED | CO-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ANN TAYLOR | TREASURER & SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DANIEL HAMMOND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAULA MCCREE | CHAIR EMERITUS Trustee or director | 1 | $0 | $0 |
| KRISTIN KRAMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PRIYA KAMBHAMPATI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NNENNA AKOTAOBI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| OKWUDIRI ONYEDUM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JACOB MAX ROSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REGAN YELDELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JESSICA PATEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATHERINE MACLEOD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REGAB YELDELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 340 W 42ND STREET 53, NEW YORK, NY 10036-6972
- Principal officer (990 for 2024)
- ALYSSA BOWLBY, 137 MONTAGUE ST 236, BROOKLYN, NY 11201
- Signed the 990
- ALYSSA BOWLBY, EXECUTIVE DIRECTOR
- Phone
- (443) 201-7634
- Website
- YLEANA.ORG
- Return prepared by
- WEGNER CPAS LLP
Mission
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.
Program accomplishments
- 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.Expenses $404,977 · revenue $188,182
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-3205620
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $187,815
- Income (IRS master file)
- $596,589
Revocation and reinstatement
- Exemption revoked
- May 15, 2016
- Posted by the IRS
- March 13, 2019
- Reinstated
- Effective May 15, 2016
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 2024 | $596,589 | $766,943 | $187,815 | XML |
| 990 | December 2023 | $1,599,883 | $1,423,701 | $568,232 | XML |
| 990 | December 2022 | $1,431,754 | $1,371,690 | $358,431 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 46-3205620).
Questions about YLEANA LEADERSHIP FOUNDATION INC
- What is the EIN of YLEANA LEADERSHIP FOUNDATION INC?
- The employer identification number (EIN) of YLEANA LEADERSHIP FOUNDATION INC is 46-3205620.
- Is YLEANA LEADERSHIP FOUNDATION INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2016 and reinstated it effective May 15, 2016.
- Are donations to YLEANA LEADERSHIP FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does YLEANA LEADERSHIP FOUNDATION 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 YLEANA 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 YLEANA LEADERSHIP FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of YLEANA LEADERSHIP FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names ALYSSA BOWLBY.
- Who are the officers and directors of YLEANA LEADERSHIP FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $159,000 (ALYSSA BOWLBY, EXECUTIVE DIRECTOR).
- How much revenue does YLEANA LEADERSHIP FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $596,589, expenses of $766,943 and total assets of $187,815 at year end.
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