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Nonprofit · EIN 47-1157856

LIFE SERVE YOUTH FOUNDATION

Also known as LIFE SERVE

Tax-exempt · NEW YORK, NY 10014

Financials

$31K$84K2023$90K$87K2024
Revenue Expenses · by fiscal year end
Financials of LIFE SERVE YOUTH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$90,272$86,611$3,661$0$604-$604
December 31, 2023990$30,900$83,606-$52,706-$3,666$604-$4,270
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$90,266
Program service revenue
$0
Investment income
$6
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,400
Occupancy
$45,000
Program services (functional)
$66,113
Management and general (functional)
$20,498

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$0
Total liabilities, end of year
$604
Net assets, end of year
-$604
Net assets without donor restrictions
-$604
Gross receipts
$90,272
Employees
0
Year formed
2014
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ADAM SLONECEO, PRESIDE
Trustee or director, Officer
10$0
TRICIA MCKITTYDIRECTOR, VP
Trustee or director
–$0
STERLY WILDERDIRECTOR
Trustee or director
–$0
DEVARSHI MITRADIRECTOR
Trustee or director
5$0
LYNNE BERMONTDIRECTOR
Trustee or director
–$0
JASON CHAPMANDIRECTOR, VP
Trustee or director
–$0
FRANK WILLIAMSDIRECTOR
Trustee or director
–$0
SIMON ALDRICHDIRECTOR
Trustee or director
–$0
DANIEL SILVERDIRECTOR
Trustee or director
–$0
ELIZABETH M BARBEAUDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
ADAM SLONECEO, PRESIDE
Trustee or director, Officer
10$0
TRICIA MCKITTYDIRECTOR, VP
Trustee or director
–$0
STERLY WILDERDIRECTOR
Trustee or director
–$0
DEVARSHI MITRADIRECTOR
Trustee or director
5$0
LYNNE BERMONTDIRECTOR
Trustee or director
–$0
JASON CHAPMANDIRECTOR, VP
Trustee or director
–$0
FRANK WILLIAMSDIRECTOR
Trustee or director
–$0
SIMON ALDRICHDIRECTOR
Trustee or director
–$0
DANIEL SILVERDIRECTOR
Trustee or director
–$0
ELIZABETH M BARBEAUDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
174 WEST 4TH STREET 302, NEW YORK, NY 10014-3817
In care of
% JACK W BOYD
Mailing address (990-N for 2015)
720 Greenwich Street, New York NY 10014
Principal officer (990 for 2024)
ADAM SLONE, 701 N FT LAUDERDALE BEACH BLVD, UNIT 705, FORT LAUDERDALE, FL 33304
Principal officer (990-N for 2015)
Adam Slone, 720 Greenwich Street, New York NY 10014
Signed the 990
ADAM SLONE, CEO, PRESIDENT
Phone
(917) 514-2282
Return prepared by
KL CPA & ASSOCIATES LLC

Mission

TO DEVELOP AND GROW A NON-PROFIT YOUTH-FOCUSED ORGANIZATION THAT A) CULTIVATES EDUCATIONAL DEVELOPMENT, LIFE SKILLS, POSITIVE HEALTH BEHAVIORS, PHYSICAL ACTIVITY, AND ENVIRONMENTAL CONSCIOUSNESS AND SUSTAINABILITY USING A RESIDENTIAL TENNIS PROGRAM AS THE CATALYST; B) TO UTILIZE THE DISCIPLINE OF TENNIS TO TRANSFORM THE LIVES OF FINANCIALLY CHALLENGED YOUTH, AGES 12-17 FROM UNDERSERVED COMMUNITIES ACROSS NEW ENGLAND AND THE GREATER NEW YORK CITY AREA, TO ENABLE THEM TO GAIN GREATER SELF-CONFIDENCE, ACHIEVE HIGHER ACADEMIC PERFORMANCE, AND ATTAIN GREATER PERSONAL/SOCIAL RESPONSIBILITY SO THEY BECOME BETTER LEADERS IN THEIR HOME COMMUNITIES, AT WORK AND IN LIFE.

990 for the year ended December 31, 2024

Program accomplishments

  • TO SUPPORT YOUTHS FROM UNDERSERVED COMMUNITIES, BY BEING EXPOSED AND MENTORED TO IN POSITIVE AND FRUITFUL WAYS, THROUGH THE SPORT OF TENNIS.
    Expenses $66,113

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

IRS record

EIN
47-1157856
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
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Income (IRS master file)
$90,272

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$90,272$86,611$0XML
990December 2023$30,900$83,606-$3,666XML
990December 2022$43,649$72,104$49,040IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS
990-N for 2015
Officer: Adam Slone
December 31, 2015≤ $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 47-1157856).

Questions about LIFE SERVE YOUTH FOUNDATION

What is the EIN of LIFE SERVE YOUTH FOUNDATION?
The employer identification number (EIN) of LIFE SERVE YOUTH FOUNDATION is 47-1157856.
Is LIFE SERVE YOUTH FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to LIFE SERVE YOUTH FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIFE SERVE YOUTH 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 LIFE SERVE YOUTH FOUNDATION 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 LIFE SERVE YOUTH FOUNDATION 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 LIFE SERVE YOUTH FOUNDATION?
The 990 for the year ended December 31, 2024 names ADAM SLONE.
Who are the officers and directors of LIFE SERVE YOUTH FOUNDATION?
The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does LIFE SERVE YOUTH FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $90,272, expenses of $86,611 and total assets of $0 at year end.

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