YES WE CARE

EIN: 272939066 501(c)(3) Youth Development

Worcester, MA

Total Revenue
$376,752
Total Expenses
$379,673
Total Assets
$124,584
Net Assets
$124,584
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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
2010
Legal Domicile
MA
Principal Officer
Clyde D Talley
Phone
5087544539
Tax Period
2023-07-01 to 2024-06-30

YES WE CARE, founded in 2010, is a small nonprofit in the Youth Development sector that reported $377K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year.

Mission

To promote equity and support, we provide multi-generational comprehensive programs for under-served, overlooked, low to moderate-income families, youth, and Black, Indigenous and people of color (BIPOC), by offering unique and inclusive trainings, food assistance, and family-oriented programs in a workshop format. Additionally, a focus on mentoring/coaching and special events to address critical community issues involving our youth that gets to the root cause of the challenges youth face including school dropout, lack of youth mentoring, gang violence, unemployment, financial education, health and wellness, self-improvement, and positive youth development.

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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 $338,434
Program Service Revenue $38,318
Investment Income $0
Other Revenue $0
TOTAL REVENUE $376,752

Expense Breakdown

Grants Paid $0
Salaries & Benefits $122,320
Fundraising Expenses $0
Program Expenses $379,673
Other Expenses $257,353
TOTAL EXPENSES $379,673

Year-over-Year Comparison

2023 2022 Change
Revenue $376,752 $458,906 -0.2%
Expenses $379,673 $478,837 -0.2%
Net Income $-2,921 $-19,931 -0.9%
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
11
Independent Members
N/A
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
0
$0
Total Directors
8
$12,770
Key Employees
3
$68,178
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dianne Langford James Treasurer 12
Key Emp
$48,858 $0 $48,858
Yolanda Talley Program Coordinator 10
Key Emp
$14,000 $0 $14,000
Rev Clyde D Talley President & CEO 12
Director
$12,770 $0 $12,770
Anika Romney Director & Program Coordinator 8
Key Emp
$5,320 $0 $5,320
Jennifer Batista Secretary 1
Director
$0 $0 $0
Ann White Director 0.5
Director
$0 $0 $0
Lois Thomas Director 0.5
Director
$0 $0 $0
Linda Churchill Director 3
Director
$0 $0 $0
Robert Thomas Board Advisor 0.5
Director
$0 $0 $0
Michelle Currie Board Chairperson 1
Director
$0 $0 $0
Yvonne Harrison Director 3
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 $376,752 $379,673 $124,584 $-2,921
2023 $458,906 $478,837 $-19,931 $-19,931
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