YOUTH & FAMILIES DETERMINED TO SUCCEED

EIN: 020687131 501(c)(3) Youth Development

Minneapolis, MN

Total Revenue
$225,038
Total Expenses
$216,360
Total Assets
$88,165
Net Assets
$32,893
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MN
Principal Officer
Melvin Anderson
Phone
7632270783
Tax Period
2024-01-01 to 2024-12-31

YOUTH & FAMILIES DETERMINED TO SUCCEED, founded in 2003, is a small nonprofit in the Youth Development sector that reported $225K in total revenue in fiscal year 2024. Expenses of $216K left a modest 4% surplus.

Mission

PROVIDE HEALTH, NUTRITION AND FITNESS PROGRAMS TO IMPROVE COMMUNITY HEALTH, IN PARTICULAR THE LIVES OF YOUTH AND FAMILIES SUFFERING FROM OBESITY AND ENHANCE YOUTHS' WELLBEING THROUGH LIFE SKILLS AND ATHLETIC PROGRAMS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $217,538
Program Service Revenue $7,500
Investment Income $0
Other Revenue $0
TOTAL REVENUE $225,038

Expense Breakdown

Grants Paid $2,000
Salaries & Benefits $12,942
Fundraising Expenses $10,074
Program Expenses $156,588
Other Expenses $201,418
TOTAL EXPENSES $216,360

Year-over-Year Comparison

2024 2023 Change
Revenue $225,038 $236,743 0.0%
Expenses $216,360 $215,146 +0.0%
Net Income $8,678 $21,597 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
1
Volunteers
30

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$12,000
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Melvin Anderson Executive Director 40
Officer
$12,000 $0 $12,000
Mike Baker Board Chair 1
Officer Director
$0 $0 $0
Dawn Johnson Secretary 1
Officer Director
$0 $0 $0
Isaac Anderson Treasurer 1
Officer Director
$0 $0 $0
Dr Tara Watson Member 1
Director
$0 $0 $0
Elise Anderson Member 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $225,038 $216,360 $88,165 $8,678
2023 $236,743 $215,146 $83,016 $21,597
2018 $206,132 $160,106 $91,060 $46,026
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare YOUTH & FAMILIES DETERMINED TO SUCCEED with other nonprofits in Minnesota and across the country.