Skip to main content

Nonprofit · EIN 81-1543325

YOUTH LEADERSHIP INCUBATOR INC

Also known as HACKPLUS

Tax-exempt · FREMONT, CA 94536

Financials

$494K$620K2023
Revenue Expenses · by fiscal year end
Financials of YOUTH LEADERSHIP INCUBATOR INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$493,949$620,059-$126,110$97,660$0$97,660
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$489,889
Program service revenue
$0
Investment income
$4,060
Other revenue
$0

Expenses

Grants and similar amounts paid
$35,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Travel
$17,546
Program services (functional)
$615,604
Management and general (functional)
$4,455

Balance sheet and other

Total assets, start of year
$260,931
Total assets, end of year
$97,660
Total liabilities, end of year
$0
Net assets, end of year
$97,660
Net assets without donor restrictions
$97,660
Gross receipts
$493,949
Employees
0
Volunteers
600
Year formed
2016
State of legal domicile
CA

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
SANIL CHAWLAExecutive Director
Trustee or director, Officer
10$0

Address and contacts

Address (IRS master file)
447 KING AVE, FREMONT, CA 94536-1516
In care of
% SANIL CHAWLA
Mailing address (990-N for 2018)
447 King Ave, Fremont CA 94536
Principal officer (990 for 2023)
SANIL CHAWLA, 447 King Ave, Fremont, CA 945361516
Principal officer (990-N for 2018)
Sanil Chawla, 447 King Ave, Fremont CA 94536
Signed the 990
SANIL CHAWLA, Executive Director
Phone
(415) 938-8088

California records

California keeps its own records of charities and corporations. Search them by EIN 81-1543325 or by the name YOUTH LEADERSHIP INCUBATOR INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

The organization provides infrastructure, resources, software, and guidance to tens of thousands of young people seeking to create a positive impact, both in their communities and in society at large.

990 for the year ended December 31, 2023

Program accomplishments

  • Event and org management program: we provide a legal and financial platform, as well as various support and training services, for charitable events and organizations run by young people. In 2023, we facilitated over 500 charitable impact projects, including events, managed by high school students, college students, and other young individuals. Our long term goal is to provide a simple platform for students to launch charitable projects without facing significant start-up costs or operational barriers.
    Expenses $615,604 · revenue $489,889
  • Startups platform: we provide educational/advisory support to student- run startups. We provide detailed information on processes involved, and connect student founders to mentors that can support them. We also partner with software companies to provide free or discounted services to student startups. We continued developing this program in 2023 and supported over 20 student founders from various backgrounds. This program incurs zero costs for us so far and brings in zero revenue; our goal is to scale the program while keeping costs minimal so that student founders have an accessible hub of information and support when they launch startups.

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, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-1543325
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
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$97,660
Income (IRS master file)
$493,949

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$493,949$620,059$97,660XML
990December 2022$547,385$328,680$260,931IRS
990December 2021$436,797$472,151$42,226IRS
990December 2020$312,097$278,964$77,580IRS
990December 2019–––IRS
990-N for 2018
Officer: Sanil Chawla
December 31, 2018≤ $50,000 receipts––e-Postcard
990-EZDecember 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 81-1543325).

Questions about YOUTH LEADERSHIP INCUBATOR INC

What is the EIN of YOUTH LEADERSHIP INCUBATOR INC?
The employer identification number (EIN) of YOUTH LEADERSHIP INCUBATOR INC is 81-1543325.
Is YOUTH LEADERSHIP INCUBATOR INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to YOUTH LEADERSHIP INCUBATOR INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does YOUTH LEADERSHIP INCUBATOR 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 LEADERSHIP INCUBATOR 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 LEADERSHIP INCUBATOR INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of YOUTH LEADERSHIP INCUBATOR INC?
The 990 for the year ended December 31, 2023 names SANIL CHAWLA.
Who are the officers and directors of YOUTH LEADERSHIP INCUBATOR INC?
The 990 for the year ended December 31, 2023 lists 1 person; 0 received compensation from the organization.
How much revenue does YOUTH LEADERSHIP INCUBATOR INC have?
On its 990 for the year ended December 31, 2023 it reported revenue of $493,949, expenses of $620,059 and total assets of $97,660 at year end.

Other nonprofits in FREMONT

All nonprofits in FREMONT · California · Youth development