Homeless Youth Connection Inc

EIN: 273182999 501(c)(3) Youth Development

Phoenix, AZ

Total Revenue
$3,442,296
Total Expenses
$2,924,147
Total Assets
$3,098,317
Net Assets
$2,689,548
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
AZ
Principal Officer
Dawn Bogart
Phone
6028474300
Tax Period
2024-07-01 to 2025-06-30

Homeless Youth Connection Inc, founded in 2010, is a community nonprofit in the Youth Development sector that reported $3.4M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $518K, a strong 15% operating margin.

Mission

Homeless Youth Connection's (HYC) mission is to eliminate barriers to graduation for homeless youth and create lasting solutions for a successful future through community support and increased awareness.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,437,638
Program Service Revenue $0
Investment Income $0
Other Revenue $4,658
TOTAL REVENUE $3,442,296

Expense Breakdown

Grants Paid $390,049
Salaries & Benefits $2,070,453
Fundraising Expenses $189,711
Program Expenses $2,604,387
Other Expenses $463,645
TOTAL EXPENSES $2,924,147

Year-over-Year Comparison

2024 2023 Change
Revenue $3,442,296 $2,937,130 +0.2%
Expenses $2,924,147 $2,587,411 +0.1%
Net Income $518,149 $349,719 +0.5%
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

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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
9
Independent Members
9
Employees
41
Volunteers
200

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
6
$264,320
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cindy Toraya Board President 1.00
Officer Director
$0 $0 $0
Deborah Charlesworth Board Treasurer 1.00
Officer Director
$0 $0 $0
Corinne Cookson Board Secretary 1.00
Officer Director
$0 $0 $0
Bobby Barnes Board Member 1.00
Director
$0 $0 $0
Mike Kriley Board Vice President 1.00
Officer Director
$0 $0 $0
Emily Striffler Board Member 1.00
Director
$0 $0 $0
Frank Garcia Board Member 1.00
Director
$0 $0 $0
Shannon Hughes Board Member 1.00
Director
$0 $0 $0
Scott LaPoint Board Member 1.00
Director
$0 $0 $0
Dawn Bogart Co-CEO 60.00
Officer
$124,712 $7,448 $132,160
Dana Bailey Co-CEO 60.00
Officer
$124,712 $7,448 $132,160
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
2025 $3,442,296 $2,924,147 $3,098,317 $518,149
2024 $2,937,130 $2,587,411 $2,897,419 $349,719
2023 $2,618,405 $2,303,125 $2,545,483 $315,280
2022 $2,349,069 $1,884,271 $1,557,089 $464,798
2021 $1,825,106 $1,592,087 $1,087,058 $233,019
2020 $1,827,098 $1,606,733 $854,740 $220,365
2019 $1,545,981 $1,182,879 $533,800 $363,102
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