FAMILY AND YOUTH INITIATIVE INC

EIN: 383828204 501(c)(3) Human Services

Washington, DC

Total Revenue
$470,539
Total Expenses
$410,548
Total Assets
$253,355
Net Assets
$252,780
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
DC
Principal Officer
Susan Punnett
Phone
2028630975
Tax Period
2024-01-01 to 2024-12-31

FAMILY AND YOUTH INITIATIVE INC, founded in 2010, is a small nonprofit in the Human Services sector that reported $471K in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. Expenses of $411K left a modest 13% surplus.

Mission

Family & Youth Initiative creates a supportive community and lasting relationships for teens and young adults who are in or have aged out of foster care. We believe that every child deserves family and are committed to increasing the number of teens who find adoptive families or develop what become lifelong relationships with other supportive adults.

Program Service Accomplishments

Program 1
Expenses: $197,528 Revenue: $0

Family and Youth Initiative helps teens in foster care find adoptive families and develop lasting connections with other caring adults. Monthly program events bring together teens and adults to form...

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Family and Youth Initiative helps teens in foster care find adoptive families and develop lasting connections with other caring adults. Monthly program events bring together teens and adults to form relationships. We recruit and train volunteer mentors, host families, Committed Community Members, and event drivers; participating adoptive families complete their training and home study with a partner agency. We match teens and adults based on relationships that start at events. Adult volunteers make a specific commitment to length and intensity of time they will spend with teen once matched. Youth who age out of foster care continue to participate with DCFYI and keep their connections for as long as they want. Every participating teen or young adult develops at least one meaningful and lasting relationship with a caring adult.

Program 2
Expenses: $31,348 Revenue: $0

Family and Youth Initiative is supporting a dedicated group of Lived Experts (young people with the lived experience of being or having been in DC foster care) who are creating a new and innovative...

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Family and Youth Initiative is supporting a dedicated group of Lived Experts (young people with the lived experience of being or having been in DC foster care) who are creating a new and innovative permanency option for older youth who are in foster care. The Lived Experts are designing the "SOUL" permanency option in conjunction with professional partners, primarily at DC Child and Family Services Agency, the office of the DC Attorney General, and Children's Law Center. They are proud of having been able to use their experience and voice to create a better path out of foster care for other youth now and into the future. We are proud to be supporting them (and the other agencies) in this work.

Program 3
Expenses: $43,290 Revenue: $0

In the Open Table program, we recruit, train, and match six to eight volunteers with one young adult who has aged out of foster care. Tables build relationships with the young person (or "Friend")...

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In the Open Table program, we recruit, train, and match six to eight volunteers with one young adult who has aged out of foster care. Tables build relationships with the young person (or "Friend") and support them in achieving whatever goal/s they set for themselves. Tables meet weekly for a year. Some Friends and volunteers continue in their relationships after the formal Table year ends.

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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 $450,795
Program Service Revenue $0
Investment Income $1,560
Other Revenue $18,184
TOTAL REVENUE $470,539

Expense Breakdown

Grants Paid $0
Salaries & Benefits $289,823
Fundraising Expenses $111,644
Program Expenses $281,201
Other Expenses $120,725
TOTAL EXPENSES $410,548

Year-over-Year Comparison

2024 2023 Change
Revenue $470,539 $307,672 +0.5%
Expenses $410,548 $341,310 +0.2%
Net Income $59,991 $-33,638 -2.8%
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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Governance

Voting Members
12
Independent Members
11
Employees
9
Volunteers
100

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
$0
Total Directors
13
$65,000
Key Employees
1
$65,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Susan Punnett Executive Director 40
Director Key Emp
$65,000 $0 $65,000
Schylar Baber Director 1
Director
$0 $0 $0
Marcela Monti Director 1
Director
$0 $0 $0
Caleb Piatt Director and Treasurer 1
Officer Director
$0 $0 $0
Michele Reed Director and Chair 1
Officer Director
$0 $0 $0
Lindsay Clark Director 1
Director
$0 $0 $0
Tanya Wedderburn Director 1
Director
$0 $0 $0
Kevin Xu Director and Secretary 1
Officer Director
$0 $0 $0
Benjamin Willis Director 1
Director
$0 $0 $0
Wendy Harman Director 1
Director
$0 $0 $0
Aaron Warren Director 1
Director
$0 $0 $0
Christina Wentworth Director 1
Director
$0 $0 $0
Spencer Dunham Director 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 $470,539 $410,548 $253,355 $59,991
2024 No data No data No data No data
2023 $307,672 $341,310 $193,732 $-33,638
2022 $332,154 $335,520 $225,442 $-3,366
2021 $292,411 $260,118 $229,629 $32,293
2020 $249,290 $197,861 $198,980 $51,429
2019 $201,057 $179,728 $146,082 $21,329
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