Youth Invest Partners Inc

EIN: 311713618 501(c)(3)

Washington, DC

Total Revenue
$1,971,788
Total Expenses
$4,526,158
Total Assets
$2,224,219
Net Assets
$367,256
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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
DE
Principal Officer
CAROL THOMPSON COLE
Phone
2022634790
Tax Period
2023-04-01 to 2024-03-31

Youth Invest Partners Inc, founded in 2000, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2023. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $4.5M exceeded revenue, resulting in a 130% operating deficit.

Mission

FOR OVER 20 YEARS, YOUTH INVEST PARTNERS (F/K/A VENTURE PHILANTHROPY PARTNERS) HAS DELIVERED LONG-TERM OUTCOMES THAT IMPROVE LIFE OPPORTUNITIES FOR CHILDREN AND YOUNG ADULTS IN GREATER WASHINGTON, SETTING ON THE PATH TO LEARN, GRADUATE, SECURE EMPLOYMENT, AND BECOME SUCCESSFUL, HEALTHY ADULSTS. OUR WORK BEGAN WITH STRENGTHENING INDIVIDUAL NON-PROFITS ACROSS GREATER WASHINGTON, WHICH EXPANDED TO CONNECTING THEM TO NETWORKS. THEN, WE BUILT UPON THOSE NETWORKS TO INCLUDE CROSS-SECTOR COLLABORATIONS WITH COMMUNITY MEMBERS, GOVERNMENTS, BUSINESSES, AND THE PHILANTHROPIC COMMUNITY. YOUTH INVEST PARTNERS HAS DEPLOYED MANAGEMENT EXPERTISE AND INVESTED MORE THAN $110M IN CAPITAL TO STRENGTHEN EXECUTIVE LEADERSHIP. WE HAVE INCREASED THE CAPACITY OF LOCAL NON-PROFITS, HELPING THEM EXPAND TO 80 NEW SITES AND SERVE ON AVERAGE 57,000 YOUNG PEOPLE EACH YEAR, RESULTING IN HEALTHIER NEWBORNS, IMPROVED CHILDHOOD DEVELOPMENT, BETTER ACADEMIC ACHIEVEMENT, AND HIGHER GRADUATION RATES. AS WE LOOKED AHEAD TO THE NEXT 20 YEARS, WE RECOGNIZED THAT WE NEEDED TO DO MORE, BE BOLDER, AND ACT FASTER TO MAKE CHANGES AT THE SYSTEMS LEVEL FOR OUR MOST VULNERABLE YOUTH. IN APRIL 2020, WE FORMED A STRATEGIC ALLIANCE WITH RAISE DC-A MEMBER OF THE NATIONAL STRIVE TOGETHER NETWORK - TO BUILD AN INVESTMENT ORGANIZATION CAPABLE OF DRIVING ALIGNMENT AMONG COMMUNITIES, NONPROFIT AND BUSINESS LEADERS, JURISDICTIONAL AND REGIONAL LEADERS AROUND SYSTEMS CHANGE AGENDA.

Program Service Accomplishments

Program 1
Expenses: $2,238,353 Revenue: $0

GRANT PROGRAM EXPENSES - YOUTH INVEST PARTNERS PROVIDES PHILANTHROPIC INVESTMENTS TO ORGANIZATIONS (INVESTMENT PARTNERS) FOR THE PURPOSE OF HELPING HIGH-QUALITY NONPROFIT ORGANIZATIONS IMPACT THE...

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GRANT PROGRAM EXPENSES - YOUTH INVEST PARTNERS PROVIDES PHILANTHROPIC INVESTMENTS TO ORGANIZATIONS (INVESTMENT PARTNERS) FOR THE PURPOSE OF HELPING HIGH-QUALITY NONPROFIT ORGANIZATIONS IMPACT THE LIVES OF MORE CHILDREN AND YOUTH. YOUTH INVEST PARTNERS DISBURSES FUNDS TO INVESTMENT PARTNERS TO PROVIDE FINANCIAL SUPPORT TO HELP LEADERS BUILD AND STRENGTHEN YOUTH INVEST PARTNERS BEHIND THEIR PROGRAMS, OFTEN REFERRED TO AS "ORGANIZATIONAL CAPACITY." YOUTH INVEST PARTNERS SUPPORTS THIS TYPE OF CAPACITY WITH LARGE SCALE, MULTI-YEAR FUNDING. YOUTH INVEST PARTNERS YOUTHCONNECT INVESTMENT SUPPORTS SPECIFIC PROGRAMMATIC ELEMENTS OF NONPROFIT ORGANIZATIONS TO PROVIDE EDUCATION, SOCIAL SERVICES AND JOB TRAINING TO LOW-INCOME YOUTH AGES 14-24. YOUTHCONNECT ALSO SUPPORTS THE COLLABORATION OF THIS PORTFOLIO OF ORGANIZATIONS TO DEMONSTRATE GREATER IMPACT IN THE NATIONAL CAPITAL REGION THROUGH COLLECTIVE ACTION. LEARN MORE AT: HTTPS://YOUTHINVESTPARTNERS.ORG/INVESTMENT/YOUTH-CONNECT/

Program 2
Expenses: $0 Revenue: $0

GRANT PROGRAM EXPENSES - YOUTH INVEST PARTNERS PROVIDES PHILANTHROPIC INVESTMENTS TO ORGANIZATIONS (INVESTMENT PARTNERS) FOR THE PURPOSE OF HELPING HIGH-QUALITY NONPROFIT ORGANIZATIONS IMPACT THE...

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GRANT PROGRAM EXPENSES - YOUTH INVEST PARTNERS PROVIDES PHILANTHROPIC INVESTMENTS TO ORGANIZATIONS (INVESTMENT PARTNERS) FOR THE PURPOSE OF HELPING HIGH-QUALITY NONPROFIT ORGANIZATIONS IMPACT THE LIVES OF MORE CHILDREN AND YOUTH. YOUTH INVEST PARTNERS DISBURSES FUNDS TO INVESTMENT PARTNERS TO PROVIDE FINANCIAL SUPPORT TO HELP LEADERS BUILD AND STRENGTHEN YOUTH INVEST PARTNERS BEHIND THEIR PROGRAMS, OFTEN REFERRED TO AS "ORGANIZATIONAL CAPACITY." YOUTH INVEST PARTNERS SUPPORTS THIS TYPE OF CAPACITY WITH LARGE SCALE, MULTI-YEAR FUNDING. YOUTH INVEST PARTNERS YOUTHCONNECT INVESTMENT SUPPORTS SPECIFIC PROGRAMMATIC ELEMENTS OF NONPROFIT ORGANIZATIONS TO PROVIDE EDUCATION, SOCIAL SERVICES AND JOB TRAINING TO LOW-INCOME YOUTH AGES 14-24. YOUTHCONNECT ALSO SUPPORTS THE COLLABORATION OF THIS PORTFOLIO OF ORGANIZATIONS TO DEMONSTRATE GREATER IMPACT IN THE NATIONAL CAPITAL REGION THROUGH COLLECTIVE ACTION. LEARN MORE AT: HTTPS://YOUTHINVESTPARTNERS.ORG/INVESTMENT/YOUTH-CONNECT/

Program 3
Expenses: $605,410 Revenue: $0

STRATEGIC COMMUNICATIONS, INVESTOR RELATIONS, AND FIELD-BUILDING: A KEY ELEMENT TO THE STRATEGY OF EXTENDING THE IMPACT OF THE WORK OF YOUTH INVEST PARTNERS IS TO CAPTURE, CODIFY, AND SHARE THE...

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STRATEGIC COMMUNICATIONS, INVESTOR RELATIONS, AND FIELD-BUILDING: A KEY ELEMENT TO THE STRATEGY OF EXTENDING THE IMPACT OF THE WORK OF YOUTH INVEST PARTNERS IS TO CAPTURE, CODIFY, AND SHARE THE LESSONS AND EXPERIENCES OF YOUTH INVEST PARTNERS' PHILANTHROPIC WORK WITH AN EXTENDED COMMUNITY OF PHILANTHROPISTS AND PRACTITIONERS. YOUTH INVEST PARTNERS DEVOTES SPECIFIC RESOURCES TO FORMALIZING AND SHARING THEIR INVESTMENT PRACTICE, APPROACH, AND PROCESSES. YOUTH INVEST PARTNERS COALESCE THE INDIVIDUALS, FAMILIES, FOUNDATIONS, AND CORPORATE SUPPORTERS INTO A COMMUNITY OF DONORS COMMITTED TO MAKING THEIR PHILANTHROPY AND CIVIC ENGAGEMENT MORE EFFECTIVE. YOUTH INVEST PARTNERS CREATES VENUES FOR ENGAGEMENT AND XCHANGE. - TO BUILD A COMMUNITY OF INVESTORS COMMITTED TO ADVANCING THEIR PHILANTHROPY AND SHARED INTERESTS. YOUTH INVEST PARTNERS PUBLISHES REPORTS AND PROVIDES RESEARCH FOR THE BENEFIT OF THOSE WHO ARE INVOLVED IN THE NONPROFIT SECTOR AS SERVICE PROVIDERS AND PHILANTHROPISTS. THESE REPORTS SURVEY THE FIELDS OF VENTURE PHILANTHROPY AND HIGH-ENGAGEMENT GRANT-MAKING, ADDRESS CRITICAL ISSUES FACING THE NONPROFIT SECTOR, AND OFFER NEW RESEARCH AND RESOURCES TO ADVANCE MANAGEMENT PRACTICES IN THE SECTOR. RECENT RELEASES: IN NOVEMBER 2015, YOUTH INVEST PARTNERS LAUNCHED READY FOR WORK: CHAMPIONS FOR CAREER AND COLLEGE READY GRADUATES IN PRINCE GEORGE'S COUNTY - YOUTH INVEST PARTNERS'S FIRST OF THE CAPITAL KIDS PORTFOLIO. HTTPS://YOUTHINVESTPARTNERS.ORG/VENTURE-PHILANTHROPY-PARTNERS-AND-PRINCE-G EORGES-COUNTY-ENTER-INTO-A-LONG-TERM-PARTNERSHIP/. IN THE SPRING OF 2016, YOUTH INVEST PARTNERS RELEASED TWO REPORTS ON YOUTHCONNECT, YOUTH INVEST PARTNERS'S COLLECTIVE IMPACT INVESTMENT, HTTPS://YOUTHINVESTPARTNERS.ORG/INVESTMENT/YOUTH-CONNECT/. THESE REPORTS HIGHLIGHT THE ACCOMPLISHMENTS, IMPACT, AND LESSONS LEARNED OF YOUTHCONNECT AND EVALUATE THE RESULTS AND IMPACT OF THE INITIATIVE ON THE NETWORK PARTNER ORGANIZATIONS AND THE YOUTH EACH SERVES. IN JANUARY 2015, YOUTH INVEST PARTNERS RELEASED A CASE STUDY OF THE SECOND INVESTMENT OF THE SECOND PORTFOLIO, KIPP DC. THE REPORT HIGHLIGHTS THE KEY ACCOMPLISHMENTS, PARTNERSHIP ENGAGEMENT, RESULTS, LESSONS LEARNED, AND FOCUS AREAS OF THE YOUTH INVEST PARTNERS INVESTMENT, HTTPS://YOUTHINVESTPARTNERS.ORG/WP-CONTENT/UPLOADS/2023/06/KIPP-DC_CASE-ST UDY.PDF. IN SEPTEMBER 2014, YOUTH INVEST PARTNERS RELEASED A CASE STUDY OF THE FIRST INVESTMENT OF THE SECOND PORTFOLIO, YEAR UP. THE REPORT HIGHLIGHTS THE KEY ACCOMPLISHMENTS, PARTNERSHIP ENGAGEMENT, RESULTS, LESSONS LEARNED AND FOCUS AREAS OF THE YOUTH INVEST PARTNERS INVESTMENT, HTTPS://YOUTHINVESTPARTNERS.ORG/WP-CONTENT/UPLOADS/2023/06/YEAR-UP-NCR_CAS E-STUDY.PDF. IN MAY 2014, THE YOUTHCONNECT NETWORK RELEASED ITS SECOND IN A SERIES OF CASE STUDIES, YOUTHCONNECT: A (NET)WORK IN PROGRESS - THE FIRST TWO YEARS. THIS CASE STUDY DELVES INTO THE FIRST STAGES OF THAT WORK, THE EXPERIENCE OF FUNDING, LAUNCHING, AND SUPPORTING YOUTHCONNECT WHILE CHRONICLING BEST PRACTICES AND LESSONS LEARNED THAT MIGHT HELP OTHERS SEEKING TO PURSUE SIMILAR INITIATIVES. HTTPS://YOUTHINVESTPARTNERS.ORG/WP-CONTENT/UPLOADS /2023/06/A-NETWORK-IN-PROGRESS_REPORT.PDF. IN JANUARY 2013, THE YOUTHCONNECT NETWORK RELEASED ITS FIRST IN A SERIES OF CASE STUDIES, YOUTHCONNECT: A (NET)WORK IN PROGRESS. THE CASE STUDY DESCRIBES THE COLLABORATIVE PROCESS AND RESULTING COMMON OUTCOMES FRAMEWORK DEVELOPED BY THE NETWORK. LEARN MORE AT: HTTPS://YOUTHINVESTPARTNERS.ORG/WP-CONTENT/UPLOADS/ 2023/06/NETWORK-IN-PROGRESS.PDF. IN SEPTEMBER 2012, YOUTH INVEST PARTNERS RELEASED THE FIRST COMPREHENSIVE REPORT OF THE CHALLENGES FACING CHILDREN AND YOUTH THROUGHOUT THE NATIONAL CAPITAL REGION. LEARN MORE AT HTTPS://YOUTHINVESTPARTNERS.ORG/CAPITAL-KIDS-REPORT-SHARED-FUTURE-SHARED-R ESPONSIBILITY/. IN 2011, YOUTH INVEST PARTNERS FOUNDING CHAIRMAN AUTHORED LEAP OF REASON: MANAGING OUTCOMES IN AN ERA OF SCARCITY, PUBLISHED BY VENTURE PHILANTHROPY PARTNERS. LEARN MORE AT: HTTPS://LEAPOFREASON.ORG/.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,846,517
Program Service Revenue $0
Investment Income $12,370
Other Revenue $112,901
TOTAL REVENUE $1,971,788

Expense Breakdown

Grants Paid $605,411
Salaries & Benefits $2,059,423
Fundraising Expenses $357,618
Program Expenses $2,843,763
Other Expenses $1,861,324
TOTAL EXPENSES $4,526,158

Year-over-Year Comparison

2023 2022 Change
Revenue $1,971,788 $3,849,312 -0.5%
Expenses $4,526,158 $4,666,936 0.0%
Net Income $-2,554,370 $-817,624 +2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
22
Independent Members
21
Employees
12
Volunteers
19

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
$515,512
Total Directors
22
$316,017
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROL THOMPSON COLE PRESIDENT, CEO AND DIRECTOR 40.0
Officer Director
$290,467 $25,550 $316,017
TANYA EDELIN VP, FINANCE AND ADMINISTRATION 40.0
Officer
$180,144 $19,351 $199,495
EDWARD KANE JR TRANSFORMATION LEAD 40.0
Highest
$175,712 $18,594 $194,306
SARAH DOVERE VP, EXTERNAL AFFAIRS 40.0
Highest
$171,412 $21,729 $193,141
BRYCE JACOBS PARTNER, IPG 40.0
Highest
$168,827 $24,314 $193,141
MARIO MORINO FOUNDING CHAIRMAN 0.0
Director
$0 $0 $0
TONY MARQUEZ CHAIRMAN 0.0
Officer Director
$0 $0 $0
CLIFF WHITE VICE CHAIRMAN 0.0
Officer Director
$0 $0 $0
JACK DAVIES TREASURER AND DIRECTOR 0.0
Officer Director
$0 $0 $0
DAVID SYLVESTER SECRETARY AND DIRECTOR 0.0
Officer Director
$0 $0 $0
ANTOINETTE TONI BUSH DIRECTOR 0.0
Director
$0 $0 $0
CHARLENE DUKES DIRECTOR 0.0
Director
$0 $0 $0
JOSH EDELMAN DIRECTOR 0.0
Director
$0 $0 $0
WENDY GOLDBERG DIRECTOR 0.0
Director
$0 $0 $0
MARIA GOMEZ DIRECTOR 0.0
Director
$0 $0 $0
CLINT GRIMES DIRECTOR 0.0
Director
$0 $0 $0
JOE DEL GUERCIO DIRECTOR 0.0
Director
$0 $0 $0
JERMAINE JOHNSON DIRECTOR 0.0
Director
$0 $0 $0
BILL KEATING DIRECTOR 0.0
Director
$0 $0 $0
LELAND KRUVANT DIRECTOR 0.0
Director
$0 $0 $0
B DOYLE MITCHELL JR DIRECTOR 0.0
Director
$0 $0 $0
PATRICK RYAN DIRECTOR 0.0
Director
$0 $0 $0
STU SOLOMON DIRECTOR 0.0
Director
$0 $0 $0
RACHEL WELLER DIRECTOR 0.0
Director
$0 $0 $0
MARCELA ZAMORA DIRECTOR 0.0
Director
$0 $0 $0
E IVAN ZAPIEN DIRECTOR 0.0
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 $40,644 $428,227 No data $-387,583
2024 $1,971,788 $4,526,158 $2,224,219 $-2,554,370
2023 $3,849,312 $4,666,936 $5,051,549 $-817,624
2022 $6,325,429 $4,321,913 $4,166,381 $2,003,516
2021 $4,843,522 $5,571,888 $2,568,651 $-728,366
2020 $2,034,658 $5,871,116 $2,902,846 $-3,836,458
2019 $3,682,207 $5,428,965 $7,107,772 $-1,746,758
2018 $1,920,082 $4,775,653 $8,311,414 $-2,855,571
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