LIFE PROJECT 4 YOUTH INC

EIN: 454308350 501(c)(3) Employment

NEW YORK, NY

Total Revenue
$584,394
Total Expenses
$592,052
Total Assets
$135,156
Net Assets
$135,156
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NY
Principal Officer
DANIEL RAGUENEZ
Phone
6462698742
Tax Period
2024-01-01 to 2024-12-31

LIFE PROJECT 4 YOUTH INC, founded in 2012, is a small nonprofit in the Employment sector that reported $584K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring.

Mission

TO ASSIST IN THE SOCIAL AND PROFESSIONAL INTEGRATION OF EXCLUDED AND VULNERABLE YOUNG PEOPLE (AGE 14-24) WHO WERE EX-PRISONERS. DISABLED OR VICTIMS OF ABUSE, FAMINE, CONFLICT OR NATURAL DISASTERS, MORE SPECIFICALLY, TO DESIGN, CREATE AND SUPPORT BUSINESS PROJECTS FOR SUCH YOUTH WHO, BECAUSE OF THEIR PAST, THEIR CONDITION, THEIR HEALTH OR THEIR HANDICAPS, HAVE NEVER HAD ACCESS TO EMPLOYMENT.

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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 $654,856
Program Service Revenue $0
Investment Income $57
Other Revenue $-70,519
TOTAL REVENUE $584,394

Expense Breakdown

Grants Paid $500,168
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $500,168
Other Expenses $91,884
TOTAL EXPENSES $592,052

Year-over-Year Comparison

2024 2023 Change
Revenue $584,394 $769,187 -0.2%
Expenses $592,052 $755,612 -0.2%
Net Income $-7,658 $13,575 -1.6%
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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Governance

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

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
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GHISLAIN DESCAMPS PRESIDENT 5.00
Officer Director
$0 $0 $0
DANIEL RAGUENEZ TREASURER 3.00
Officer Director
$0 $0 $0
GUILLEMENTE GAULLIER GENERAL SECRETARY 3.00
Officer Director
$0 $0 $0
JULIA LIEVRE-CORMIER DIRECTOR 1.00
Director
$0 $0 $0
ERIC DUTANG DIRECTOR 1.00
Director
$0 $0 $0
JEREMY LE JAN DIRECTOR 1.00
Director
$0 $0 $0
SONNY AJMANI DIRECTOR 1.00
Director
$0 $0 $0
GREGORIO SCHNEIDER DIRECTOR (ENDED 6/24) 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 $584,394 $592,052 $135,156 $-7,658
2023 $769,187 $755,612 $142,814 $13,575
2022 $680,913 $749,459 $149,239 $-68,546
2021 $637,272 $769,478 $217,785 $-132,206
2020 $736,449 $728,398 $349,991 $8,051
2019 $777,417 $686,026 $341,940 $91,391
2018 $686,362 $684,966 $250,549 $1,396
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