CHOO SMITH YOUTH EMPOWERMENT INC

EIN: 142009589 501(c)(3) Youth Development

OWINGS MILLS, MD

Total Revenue
$975,474
Total Expenses
$727,915
Total Assets
$253,256
Net Assets
$253,256
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
MD
Principal Officer
CHARLES H SMITH JR
Phone
4438637474
Tax Period
2023-01-01 to 2023-12-31

CHOO SMITH YOUTH EMPOWERMENT INC, founded in 2008, is a small nonprofit in the Youth Development sector that reported $975K in total revenue in fiscal year 2023. Revenue surged 323% from the prior year, signaling strong growth momentum. The organization ran a surplus of $248K, a strong 25% operating margin.

Mission

CHOO SMITH YOUTH EMPOWERMENT IS DEDICATED TO DEVELOPING AND IMPLEMENTING PROGRAMMING THAT FACILITATES POSITIVE GROWTH IN THE LIVES OF THE YOUTH WE SERVE AS WELL AS THEIR FAMILIES AND THE COMMUNITY.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $936,677
Program Service Revenue $38,797
Investment Income $0
Other Revenue $0
TOTAL REVENUE $975,474

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $674,349
Other Expenses $727,915
TOTAL EXPENSES $727,915

Year-over-Year Comparison

2023 2022 Change
Revenue $975,474 $230,828 +3.2%
Expenses $727,915 $193,190 +2.8%
Net Income $247,559 $37,638 +5.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
15

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
3
$41,500
Total Directors
7
$54,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KARYN BULLOCK CHIEF ECO & 60.00
Officer Director
$0 $14,100 $14,100
CHARLES H SMITH JR CEO/EXECUTIV 60.00
Officer Director
$0 $13,800 $13,800
SHINDANA LAWSON CFO 60.00
Officer Director
$0 $13,600 $13,600
HAROLD JACKSON DIRECTOR MAR 60.00
Director
$0 $13,000 $13,000
JERRY EDWARDS JR BOARD MEMBER 1.00
Director
$0 $0 $0
ROBIN LAWSON BOARD MEMBER 1.00
Director
$0 $0 $0
ANTHONY ROSSO BOARD MEMBER 1.00
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 No data No data No data No data
2023 $975,474 $727,915 $253,256 $247,559
2022 $230,828 $193,190 $6,780 $37,638
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