Nonprofit · EIN 81-0569287
YOUTH LIFE FOUNDATION OF RICHMOND
Tax-exempt · RICHMOND, VA 23227
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $630,216 | $538,405 | $91,811 | $931,265 | $46,831 | $884,434 |
| August 31, 2024 | 990 | $737,425 | $437,123 | $300,302 | $867,721 | $75,098 | $792,623 |
| August 31, 2023 | 990 | $690,548 | $517,560 | $172,988 | $512,307 | $19,986 | $492,321 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $625,936
- Program service revenue
- $0
- Investment income
- $29,551
- Net income from fundraising events
- -$25,271
- Other revenue
- -$25,271
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $39,695
- Other salaries and wages
- $361,551
- Salaries, compensation and benefits (total)
- $431,218
- Professional fundraising fees
- $0
- Accounting fees
- $8,561
- Occupancy
- $33,723
- Travel
- $7,612
- Depreciation
- $3,507
- Program services (functional)
- $385,886
- Management and general (functional)
- $82,071
- Fundraising (functional)
- $70,448
Balance sheet and other
- Total assets, start of year
- $867,721
- Total assets, end of year
- $931,265
- Total liabilities, end of year
- $46,831
- Net assets, end of year
- $884,434
- Land, buildings and equipment
- $30,465
- Publicly traded securities
- $390,452
- Net assets without donor restrictions
- $863,290
- Net assets with donor restrictions
- $21,144
- Gross receipts
- $687,467
- Employees
- 15
- Volunteers
- 200
- Year formed
- 2002
- State of legal domicile
- VA
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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Heather Goodlett | Executive Director & Secretary Trustee or director, Officer, Key employee | 20 | $38,195 |
| Elizabeth Siebers | Chair Trustee or director, Officer | 5 | $1,500 |
| Terren Peterson | Former Vice Chair Trustee or director | 2 | $0 |
| Matt Benko | Interim Vice Chair Trustee or director | 1 | $0 |
| Clay Lyons | Treasurer Trustee or director, Officer | 2 | $0 |
| Donald Richard | Board Member Trustee or director | 0 | $0 |
| Sheree Jones | Board Meeting Trustee or director, Officer | 2.5 | $0 |
| Jeff Ukrop | Board Member Trustee or director | 0 | $0 |
| Stephen Krieger | Board Member Trustee or director | 2 | $0 |
| Tasha Smith | Board Member Trustee or director, Officer | 0 | $0 |
990 for the year ended August 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Heather Goodlett | Executive Director Trustee or director, Officer, Key employee | 20 | $33,987 |
| Elizabeth Siebers | Chair Trustee or director, Officer | 5 | $3,029 |
| Terren Peterson | Vice-Chair Trustee or director, Officer | 1.25 | $0 |
| Sheree Jones | Secretary Trustee or director, Officer | 2.5 | $0 |
| Clay Lyons | Treasurer Trustee or director, Officer | 2 | $0 |
| Matt Benko | Board Member Trustee or director | 1 | $0 |
| Donald Richard | Board Member Trustee or director | 1 | $0 |
| Tasha Smith | Board Member Trustee or director | 1 | $0 |
| Jeff Ukrop | Board Member Trustee or director | 2 | $0 |
| Stephen Krieger | Board Member Trustee or director | 2 | $0 |
990 for the year ended August 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Heather Goodlett | Executive Director Trustee or director, Officer, Key employee | 20 | $31,465 |
| Elizabeth Siebers | Vice-Chair Trustee or director | 5 | $3,554 |
| Sheree Jones | Secretary Trustee or director | 2.5 | $0 |
| Clay Lyons | Treasurer Trustee or director | 2.5 | $0 |
| Amanda Scandlen | Board Member Trustee or director | 1 | $0 |
| Matt Benko | Board Member Trustee or director | 1 | $0 |
| Terren Peterson | Board Member Trustee or director | 1.25 | $0 |
| Calvin Farr | Board Member Trustee or director | 0.25 | $0 |
| Donald Richard | Board Member Trustee or director | 1 | $0 |
| Tasha Smith | Board Member Trustee or director | 1 | $0 |
| Kris Allen | Board Member Officer | 1.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 15202, RICHMOND, VA 23227-0602
- Principal officer (990 for 2024)
- Heather Goodlett, PO Box 15202, Richmond, VA 23227
- Signed the 990
- Clay Lyons, Treasurer
- Website
- www.ylfr.org
Mission
The Youth Life Foundation of Richmond operates Learning Centers to develop leaders by making long-term investments in children from under-served communities. By supporting students academically, developing their character from a young age, raising expectations, and investing in their lives through committed mentoring relationships, these youth will rise above their circumstances to become tomorrow's leaders.
Program accomplishments
- Students in Youth Life Learning Centers participate in structured academic enrichment and small group tutoring. 1) Academic Support: YLFR Learning Centers are staffed by certified teachers in order to provide quality, individualized instruction, and ongoing evaluation of student progress. 2) Small Group tutors: lesson plans are implemented by committed volunteer tutors during Learning Center hours throughout the week, allowing each group to receive personal attention and build trust with caring adults. 3) character development: students focus on meeting high expectations for their social and behavioral development as they grow into responsible members of their communities. 4) Long-term commitment: a unique and vital element of the YLFR model is to invest in children from a young age and stick with them through graduation from high school. 5) Students who have the lowest reading scores and needs meet up to two times per week with reading specialists and we have seen tremendous reading growth as a result.Expenses $385,886 · revenue $630,216
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 81-0569287
- 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
- 2019
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $931,265
- Income (IRS master file)
- $687,467
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $630,216 | $538,405 | $931,265 | XML |
| 990 | August 2024 | $737,425 | $437,123 | $867,721 | IRS |
| 990 | August 2023 | $690,548 | $517,560 | $512,307 | XML |
| 990 | August 2022 | $600,438 | $593,718 | $338,525 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | 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 81-0569287).
Questions about YOUTH LIFE FOUNDATION OF RICHMOND
- What is the EIN of YOUTH LIFE FOUNDATION OF RICHMOND?
- The employer identification number (EIN) of YOUTH LIFE FOUNDATION OF RICHMOND is 81-0569287.
- Is YOUTH LIFE FOUNDATION OF RICHMOND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to YOUTH LIFE FOUNDATION OF RICHMOND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does YOUTH LIFE FOUNDATION OF RICHMOND 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 LIFE FOUNDATION OF RICHMOND due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did YOUTH LIFE FOUNDATION OF RICHMOND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of YOUTH LIFE FOUNDATION OF RICHMOND?
- The 990 for the year ended August 31, 2025 names Heather Goodlett.
- Who are the officers and directors of YOUTH LIFE FOUNDATION OF RICHMOND?
- The 990 for the year ended August 31, 2025 lists 10 people; 2 received compensation from the organization, the highest $38,195 (Heather Goodlett, Executive Director & Secretary).
- How much revenue does YOUTH LIFE FOUNDATION OF RICHMOND have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $630,216, expenses of $538,405 and total assets of $931,265 at year end.
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