Nonprofit · EIN 47-5482385
YOUTH FINANCE INSTITUTE OF AMERICA
Tax-exempt · ALBANY, CA 94706
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $130,516 | $124,429 | $6,087 | $2,021 | $17,544 | -$15,523 |
| December 31, 2023 | 990-EZ | $47,159 | $53,623 | -$6,464 | $7,919 | $45,239 | -$37,320 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $62,469
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $68,047
Expenses
- Compensation of officers, directors and key employees
- $21,600
- Salaries, compensation and benefits (total)
- $23,336
- Professional fees and payments to contractors
- $21,100
- Other expenses
- $79,993
- Program services (functional)
- $95,382
Balance sheet and other
- Total assets, start of year
- $7,919
- Total assets, end of year
- $2,021
- Total liabilities, end of year
- $17,544
- Net assets, end of year
- -$15,523
- Cash, savings and investments
- $1,721
- Gross receipts
- $130,516
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Amiko Foster | CEO-Executive Director | 32 | $21,600 |
| Michael Castro | President | 1 | $0 |
| Desirae Mcneil | Vice President | 1 | $0 |
| Anthony Volkar | Secretary | 1 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Amiko Foster | CEO-Executive Director | 32 | $0 |
| Michael Castro | President | 1 | $0 |
| Desirae Mcneil | Vice President | 1 | $0 |
| Anthony Volkar | Secretary | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 926 POMONA AVE, ALBANY, CA 94706-2126
- In care of
- % AMIKO FOSTER
- Mailing address (990-N for 2025)
- 926 Pomona Ave, Albany CA 94706
- Principal officer (990-N for 2025)
- Amiko Foster, 926 Pomona Ave, Albany CA 94706
- Signed the 990-EZ
- Amiko, Foster
- Website
- www.yfia.org
California records
California keeps its own records of charities and corporations. Search them by EIN 47-5482385 or by the name YOUTH FINANCE INSTITUTE OF AMERICA.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
Financial Education workshops and curriculum for youth ages 14-21.
Program accomplishments
- Self-Service Program: Created a web portal to make YFIA curriculum accessible for youth serving orgs in Richmond CA.Expenses $44,999 · grants $14,999
- Job Corps program for the City of Richmond CA: A paid Summer Internship for five disadvantaged youth ages 18-21. The program gave the each intern part-time work of 20 hours per week paying $20 and hour. The program also assisted interns who completed the program in obtaining full-time employment and or full-time enrollment in college.Expenses $39,994 · grants $19,964
- High School to Homeownership Program: 15 youth living in the City of Richmond received an 11 week program teaching them the money management behavior that will one day lead to homeownership.Expenses $10,389 · grants $10,389
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 47-5482385
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Youth development (O50)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: Amiko Foster | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2024 | $130,516 | $124,429 | $2,021 | IRS |
| 990-EZ | December 2023 | $47,159 | $53,623 | $7,919 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Amiko Foster | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Amiko R Foster | December 31, 2019 | ≤ $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 47-5482385).
Questions about YOUTH FINANCE INSTITUTE OF AMERICA
- What is the EIN of YOUTH FINANCE INSTITUTE OF AMERICA?
- The employer identification number (EIN) of YOUTH FINANCE INSTITUTE OF AMERICA is 47-5482385.
- Is YOUTH FINANCE INSTITUTE OF AMERICA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to YOUTH FINANCE INSTITUTE OF AMERICA tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does YOUTH FINANCE INSTITUTE OF AMERICA file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of YOUTH FINANCE INSTITUTE OF AMERICA 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 YOUTH FINANCE INSTITUTE OF AMERICA last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of YOUTH FINANCE INSTITUTE OF AMERICA?
- The 990-N for 2025 names Amiko Foster.
- Who are the officers and directors of YOUTH FINANCE INSTITUTE OF AMERICA?
- The 990-EZ for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $21,600 (Amiko Foster, CEO-Executive Director).
- How much revenue does YOUTH FINANCE INSTITUTE OF AMERICA have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $130,516, expenses of $124,429 and total assets of $2,021 at year end.
Other nonprofits in ALBANY
- SUMMERORG FOUNDATION EIN 47-1457321 · last filed 990-N for 2025
- SEISMOLOGICAL SOCIETY OF AMERICA EIN 94-6078791 · last filed 990 for 2026
- MILO FOUNDATION EIN 68-0337858 · last filed 990 for 2025
- CIVILIZATION WORKS EIN 81-2714086 · last filed 990 for 2024
- CIRCLE OF LIFE CONNECTIONS EIN 68-0496344 · last filed 990 for 2025
- FRANK A CAMPINI FOUNDATION EIN 94-6107956 · last filed 990-PF for 2024
- BAY AREA KINDERSTUBE EIN 94-3223733 · last filed 990 for 2025
- MASSOW LUGER CHARITABLE TR EIN 93-6580974 · last filed 990-PF for 2025