YOUTH EMPLOYMENT ACADEMY

EIN: 461083070 501(c)(3) Youth Development

DENVER, CO

Total Revenue
$1,660,094
Total Expenses
$1,741,350
Total Assets
$3,197,863
Net Assets
$173,879
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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
CO
Principal Officer
LAVONNE HEAVILAND
Phone
7209323052
Tax Period
2023-01-01 to 2023-12-31

YOUTH EMPLOYMENT ACADEMY, founded in 2012, is a community nonprofit in the Youth Development sector that reported $1.7M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

THE YOUTH EMPLOYMENT ACADEMY'S MISSION IS TO SERVE YOUNG ADULTS IN BREAKING THE CYCLE OF GENERATIONAL POVERTY IN DENVER COMMUNITIES BY GAINING PERSONAL AND ECONOMIC STABILITY THROUGH EDUCATION, ARTS, TECHNOLOGY AND EMPLOYMENT TRAINING.

Program Service Accomplishments

Program 1
Expenses: $819,562 Revenue: $418,837

THE OSAGE CAFE, LOCATED IN THE HEART OF DENVER'S LINCOLN PARK NEIGHBORHOOD AT 1099 OSAGE STREET, IS DENVER'S FIRST COMMUNITY-BASED YOUTH CULINARY TRAINING CENTER. HERE YOU WILL FIND A FULL-SERVICE...

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THE OSAGE CAFE, LOCATED IN THE HEART OF DENVER'S LINCOLN PARK NEIGHBORHOOD AT 1099 OSAGE STREET, IS DENVER'S FIRST COMMUNITY-BASED YOUTH CULINARY TRAINING CENTER. HERE YOU WILL FIND A FULL-SERVICE CAFE AND CATERING COMPANY OFFERING AFFORDABLY PRICED, HEALTHY MEALS MADE BY YOUTH AGES 16 TO 24 WHO ARE TRAINING FOR JOBS IN THE CULINARY ARTS THROUGH THE YOUTH EMPLOYMENT ACADEMY'S CULINARY ACADEMY. THE 45-HOUR COURSE OFFERED TO STUDENTS INCLUDES A SERVSAFE CERTIFICATION UPON COMPLETION. YOUTH ARE THEN ELGIBLE FOR A PAID INTERNSHIP AT THE CAFE, AND GRADUATES EMERGE WITH MARKETABLE SKILLS AND EXPERIENCE AND ARE ASSISTED WITH EDUCATION AND EMPLOYMENT PLACEMENT.

Program 2
Expenses: $454,655 Revenue: $283,559

YEA'S NEWEST SOCIAL ENTERPRISE, DECATUR FRESH IS A GROCERY MARKET, WORKFORCE TRAINING PROGRAM AND COMMUNITY SPACE. IT OFFERS LOCAL RESIDENTS IN THE SUN VALLEY NEIGHBORHOOD AFFORDABLE, NUTRITIOUS...

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YEA'S NEWEST SOCIAL ENTERPRISE, DECATUR FRESH IS A GROCERY MARKET, WORKFORCE TRAINING PROGRAM AND COMMUNITY SPACE. IT OFFERS LOCAL RESIDENTS IN THE SUN VALLEY NEIGHBORHOOD AFFORDABLE, NUTRITIOUS, INTERNATIONAL FOOD OPTIONS WHILE PROVIDING YOUTH TRAINING IN CAREERS IN CUSTOMER SERVICE OR GROCERY STORE MANAGEMENT.

Program 3
Expenses: $141,730 Revenue: $136,928

YEA'S PROGRAMS SEEK TO EMPOWER YOUTH TO REACH THEIR GREATEST POTENTIAL IN EDUCATION AND EMPLOYMENT BY GAINING SKILLS AND POSITIVE VALUES. UTILIZING BEST PRACTICE STRATEGIES OF POSITIVE YOUTH...

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YEA'S PROGRAMS SEEK TO EMPOWER YOUTH TO REACH THEIR GREATEST POTENTIAL IN EDUCATION AND EMPLOYMENT BY GAINING SKILLS AND POSITIVE VALUES. UTILIZING BEST PRACTICE STRATEGIES OF POSITIVE YOUTH DEVELOPMENT, YEA ACTS AS A STEPPING STONE TO CAREER AND EDUCATIONAL SUCCESS FOR STUDENTS CAUGHT IN THE ACHIEVEMENT GAP BETWEEN HIGH SCHOOL AND EARLY COLLEGE. CURRENT PROGRAMMING INCLUDES CAREER ACADEMIES IN THE DEMAND-DRIVEN INDUSTRIES OF CULINARY, CUSTOMER SERVICE, AND ARTS AND TECHNOLOGY. ACADEMIES RANGE FROM SHORT, 15-HOUR WEEKEND INTENSIVES UP TO 70 HOURS OF WEEKLY TRAINING, WITH AN AVERAGE OF 45 HOURS OF SKILLS TRAINING. ACADEMIES ARE HELD FOR YOUTH FROM AGES 14 TO 21. CONTINUED ON SCHEDULE O.THE CULINARY ACADEMY TEACHES YOUTH ABOUT FOOD SAFETY, HEALTHY COOKING, KNIFE SKILLS, FOLLOWING A RECIPE, SAUTEING, ROASTING, AND BAKING. PARTICIPANTS ALSO UTILIZE THE KITCHEN LAB AT THE OSAGE CAFE TO LEARN ABOUT FRONT- AND BACK-OF-HOUSE RESTAURANT SKILLS. THE CREATIVE INDUSTRIES ACADEMIES INCLUDE TRAINING IN SKILLS NEEDED FOR ENTRY-LEVEL JOBS IN INFORMATION TECHNOLOGY, GRAPHIC DESIGN, ARCHITECTURE, VIDEO PRODUCTION, AND MORE, UTILIZING A PROJECT-BASED CURRICULUM FOR ACTUAL CLIENTS SO YOUTH LEARN PROJECT MANAGEMENT AND OTHER JOB SKILLS. SOME ACADEMIES ARE HELD DURING IN-SCHOOL TIME (AND RECEIVE HIGH SCHOOL CREDIT) WHILE OTHERS ARE HELD AFTER-SCHOOL, ON WEEKENDS, AND DURING THE SUMMER. UPON COMPLETION OF A CAREER ACADEMY, YOUTH ARE ELIGIBLE FOR A REAL-WORLD INTERNSHIP EXPERIENCE AT THE OSAGE CAFE OR ARTS STREET STUDIO. WE ALSO PROVIDE AN AFTERSCHOOL MENTORSHIP PROGRAM THROUGHOUT THE YEAR FOR YOUTH IN ANY PROGRAM. THE YOUTH EMPLOYMENT ACADEMY HAS THE ABILITY TO PROVIDE CAREER SPECIFIC OCCUPATIONAL TRAINING, WHICH CAN LEAD TO NATIONALLY RECOGNIZED CERTIFICATION AND ENTRY-LEVEL READINESS FOR EMPLOYMENT IN THE CAREER OF THEIR CHOICE.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $813,627
Program Service Revenue $839,324
Investment Income $2,393
Other Revenue $4,750
TOTAL REVENUE $1,660,094

Expense Breakdown

Grants Paid $0
Salaries & Benefits $533,204
Fundraising Expenses $0
Program Expenses $1,445,851
Other Expenses $1,208,146
TOTAL EXPENSES $1,741,350

Year-over-Year Comparison

2023 2022 Change
Revenue $1,660,094 $1,805,916 -0.1%
Expenses $1,741,350 $1,724,933 +0.0%
Net Income $-81,256 $80,983 -2.0%
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
4
Independent Members
6
Employees
5
Volunteers
10

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
$578,165
Total Directors
10
$673,760
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID NISIVOCCIA SECRETARY 0.50
Officer Director
$0 $15,615 $296,459
TSEHAI TEKLHAIMANOT MEMBER 0.50
Director
$0 $21,436 $95,595
LAVONNE HEAVILAND TREASURER 0.50
Officer Director
$0 $0 $0
LARISSA APPLEGATE MEMBER 0.50
Director
$0 $0 $0
MEGAN HUFFNAGLE MEMBER 0.50
Director
$0 $0 $0
ANGEL VILLALOBOS MEMBER 0.50
Director
$0 $0 $0
MICHELLE YOUNGPETER MEMBER 0.50
Director
$0 $0 $0
JOSHUA CRAWLEY CHAIR 0.50
Officer Director
$0 $25,893 $281,706
CARLOS ROMERO MEMBER 0.50
Director
$0 $0 $0
JOSHUA JONES MEMBER 0.50
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 No data No data No data No data
2023 $1,660,094 $1,741,350 $3,197,863 $-81,256
2022 $1,805,916 $1,724,933 $3,110,189 $80,983
2021 $818,477 $871,408 $2,175,186 $-52,931
2020 $492,472 $597,939 $2,191,229 $-105,467
2019 $665,617 $641,428 $2,269,089 $24,189
2018 $755,968 $611,345 $2,446,822 $144,623
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