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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 47-1375443

YOWEALTH ACADEMY

Tax-exempt · MEMPHIS, TN 38125

Financials

$23K$765K2023$68K$336K2024
Revenue Expenses · by fiscal year end
Financials of YOWEALTH ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$68,205$336,088-$267,883$70$0$70
December 31, 2023990$23,250$764,566-$741,316$698,436$0$698,436
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$68,168
of which government grants
$68,168
Program service revenue
$0
Investment income
$0
Other revenue
$37

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$74,287
Salaries, compensation and benefits (total)
$113,613
Professional fundraising fees
$0
Accounting fees
$11,050
Occupancy
$4,415
Program services (functional)
$336,088

Balance sheet and other

Total assets, start of year
$698,436
Total assets, end of year
$70
Total liabilities, end of year
$0
Net assets, end of year
$70
Net assets without donor restrictions
$70
Gross receipts
$68,205
Employees
1
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Yolanda MarshaDirector
Key employee
0$53,484
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
Yolanda MarshaExec Director
Key employee
40$157,119

Address and contacts

Address (IRS master file)
5419 MEADOWBRIAR TRL, MEMPHIS, TN 38125-4338
In care of
% YOLANDA MCRAE-MARSHALL
Mailing address (990-N for 2017)
5419 Meadowbriar Trail, Memphis TN 38125
Principal officer (990 for 2024)
Yolanda Marshall, 5419 Meadowbriar Trail, MEMPHIS, TN 38125
Principal officer (990-N for 2017)
Yolanda Marshall, 5419 Meadowbriar Trail, Memphis TN 38125
Signed the 990
Yolanda Marshall, Director
Phone
(901) 649-3461

Mission

Training and job readiness for at-risk youth and young adults

990 for the year ended December 31, 2024

Program accomplishments

  • Provide training and job readiness is carpentry and drone
    Expenses $44,773
  • Provided emergency housing for program participants
    Expenses $46,750
  • Provided training stipends for program participants
    Expenses $74,399

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, 2026Check at the IRS
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

File the 2026 990-N for YOWEALTH ACADEMY

Due May 17, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
47-1375443
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
2014
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Employment (J22)
Assets (IRS master file)
$702
Income (IRS master file)
$32,585

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$68,205$336,088$70XML
990December 2023$23,250$764,566$698,436XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-N for 2017
Officer: Yolanda Marshall
December 31, 2017≤ $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 47-1375443).

Questions about YOWEALTH ACADEMY

What is the EIN of YOWEALTH ACADEMY?
The employer identification number (EIN) of YOWEALTH ACADEMY is 47-1375443.
Is YOWEALTH ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to YOWEALTH ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does YOWEALTH ACADEMY file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of YOWEALTH ACADEMY 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 YOWEALTH ACADEMY 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 YOWEALTH ACADEMY?
The 990 for the year ended December 31, 2024 names Yolanda Marshall.
Who are the officers and directors of YOWEALTH ACADEMY?
The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $53,484 (Yolanda Marsha, Director).
How much revenue does YOWEALTH ACADEMY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $68,205, expenses of $336,088 and total assets of $70 at year end.

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