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Nonprofit · EIN 75-2714750

YOUTH BELIEVING IN CHANGE INC

Tax-exempt · DALLAS, TX 75243

Financials

$2M$1M2023$931K$970K2024
Revenue Expenses · by fiscal year end
Financials of YOUTH BELIEVING IN CHANGE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$930,872$969,765-$38,893$4,560,582$28,549$4,532,033
December 31, 2023990 (amended)$2,035,913$1,015,273$1,020,640$4,596,357$26,092$4,570,265
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$656,628
Program service revenue
$30,823
Investment income
$48,477
Net rental income
$141,500
Net income from fundraising events
$30,181
Other revenue
$194,944

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$94,186
Other salaries and wages
$326,745
Salaries, compensation and benefits (total)
$477,179
Professional fundraising fees
$14,280
Legal fees
$3,830
Accounting fees
$25,718
Occupancy
$160,609
Depreciation
$85,740
Program services (functional)
$622,873
Management and general (functional)
$264,168
Fundraising (functional)
$82,724

Balance sheet and other

Total assets, start of year
$4,596,357
Total assets, end of year
$4,560,582
Total liabilities, end of year
$28,549
Net assets, end of year
$4,532,033
Land, buildings and equipment
$1,988,668
Net assets without donor restrictions
$3,575,912
Net assets with donor restrictions
$956,121
Gross receipts
$944,366
Employees
30
Volunteers
350
Year formed
1995
State of legal domicile
TX

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
VINCENT GADDISEXECUTIVE DIRECTOR
Trustee or director, Officer
40$94,186
HAROLD HOLYMARDBOARD CHAIR
Trustee or director, Officer
2$0
DALE SADLERTREASURER
Trustee or director, Officer
2$0
SUSAN PARNELLSECRETARY
Trustee or director, Officer
2$0
BRAD RUSSELLBOARD MEMBER
Trustee or director
2$0
VICK CLESIBOARD MEMBER
Trustee or director
2$0
DONALD FLINNBOARD MEMBER
Trustee or director
2$0
LARRY SPRINGSBOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
VINCENT GADDISEXECUTIVE DIRECTOR
Trustee or director, Officer
40$89,919
DENNIS TURNBULLCHAIRMAN
Trustee or director, Officer
2$0
DALE SADLERTREASURER
Trustee or director, Officer
2$0
SUSAN PARNELLSECRETARY
Trustee or director, Officer
2$0
DONALD FLINNBOARD MEMBER
Trustee or director
2$0
HAROLD HOLYMARDBOARD MEMBER
Trustee or director
2$0
VICK CLESIBOARD MEMBER
Trustee or director
2$0
DANIEL PRESCOTTBOARD MEMBER
Trustee or director
2$0

Address and contacts

Address (IRS master file)
8574 STULTS RD, DALLAS, TX 75243-4009
In care of
% VINCENT GADDIS
Principal officer (990 for 2024)
VINCENT GADDIS, 8574 STULTS ROAD, DALLAS, TX 75243
Signed the 990
HAROLD HOLMYARD, BOARD CHAIR
Phone
(214) 692-9242
Return prepared by
Wade R Moran CPA PLLC

Mission

TO DEVELOP SERVANT-LEADERS THROUGH SPIRITUAL, EDUCATIONAL, AND ENTREPRENEURIAL TRAINING. OUR VISION - TO INSPIRE, EQUIP, TRAIN, AND EMPOWER YOUTH TO BECOME SERVANT-LEADERS AND/OR ENTREPRENEURS. OUR PASSION - TO NURTURE THE "DIVINE SPARK" IN CHILDREN AND YOUTH.

990 for the year ended December 31, 2024

Program accomplishments

  • COMMUNITY SERVICES INCLUDING SCHOLARSHIPS, FAMILY ASSISTANCE, EMERGENCY ASSISTANCE, AND VIOLENCE PREVENTION PROGRAMS.
    Expenses $622,873 · revenue $30,823

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
75-2714750
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
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,560,582
Income (IRS master file)
$944,366

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$930,872$969,765$4,560,582XML
990December 2023$2,035,913$1,015,273$4,596,357XML
990December 2022$2,178,869$975,197$3,590,254IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––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 75-2714750).

Questions about YOUTH BELIEVING IN CHANGE INC

What is the EIN of YOUTH BELIEVING IN CHANGE INC?
The employer identification number (EIN) of YOUTH BELIEVING IN CHANGE INC is 75-2714750.
Is YOUTH BELIEVING IN CHANGE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to YOUTH BELIEVING IN CHANGE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does YOUTH BELIEVING IN CHANGE 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 YOUTH BELIEVING IN CHANGE 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 YOUTH BELIEVING IN CHANGE 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 YOUTH BELIEVING IN CHANGE INC?
The 990 for the year ended December 31, 2024 names VINCENT GADDIS.
Who are the officers and directors of YOUTH BELIEVING IN CHANGE INC?
The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $94,186 (VINCENT GADDIS, EXECUTIVE DIRECTOR).
How much revenue does YOUTH BELIEVING IN CHANGE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $930,872, expenses of $969,765 and total assets of $4,560,582 at year end.

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