PATRICK KELLEY YOUTH FOUNDATION INC

EIN: 510665547 501(c)(3) Philanthropy & Grantmaking

LAS VEGAS, NV

Total Revenue
$423,747
Total Expenses
$49,634
Total Assets
$398,653
Net Assets
$398,653
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NV
Principal Officer
EVAN GLUSMAN
Tax Period
2024-01-01 to 2024-12-31

PATRICK KELLEY YOUTH FOUNDATION INC, founded in 2008, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $424K in total revenue in fiscal year 2024. The organization ran a surplus of $374K, a strong 88% operating margin.

Mission

OUR MISSION IS TO PROVIDE OPPORTUNITY AND ACCESS TO DISADVANTAGED YOUTH BY SUPPORTING THEIR EDUCATIONAL GOALS. PKYF OFFERS THREE KEY AREAS OF SUPPORT WITHIN LAS VEGAS: ACADEMIC INCENTIVES, SCHOLARSHIP AID, AND CHARITABLE GIVING TO LOCAL FAMILIES.

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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 $439,347
Program Service Revenue $0
Investment Income $2,181
Other Revenue $-17,781
TOTAL REVENUE $423,747

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $43,653
Other Expenses $49,634
TOTAL EXPENSES $49,634

Year-over-Year Comparison

2024 2023 Change
Revenue $423,747 N/A N/A
Expenses $49,634 N/A N/A
Net Income $374,113 N/A N/A
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

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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
16
Independent Members
16
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EVAN GLUSMAN PRESIDENT 2.00
Officer Director
$0 $0 $0
JEFFERY A BENDAVID ESQ SECRETARY 2.00
Officer Director
$0 $0 $0
CHARLIE SKINNER TREASURER 2.00
Officer Director
$0 $0 $0
H WALDMAN DIRECTOR 2.00
Officer Director
$0 $0 $0
MIKE KELLEY BOARD MEMBER 2.00
Director
$0 $0 $0
KURT WIESNER BOARD MEMBER 2.00
Director
$0 $0 $0
IRENE RENTERIA BOARD MEMBER 2.00
Director
$0 $0 $0
ROBERT SCHIFFMAN BOARD MEMBER 2.00
Director
$0 $0 $0
STEPHANIE ARONE BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL KELLEY JR BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL SHULMAN BOARD MEMBER 2.00
Director
$0 $0 $0
PAUL R WILKES BOARD MEMBER 2.00
Director
$0 $0 $0
CARY DUCKWORTH BOARD MEMBER 2.00
Director
$0 $0 $0
SANDY LOUBERT BOARD MEMBER 2.00
Director
$0 $0 $0
ASHLEY DAINES BOARD MEMBER 2.00
Director
$0 $0 $0
THERESA MAYORGA BOARD MEMBER 2.00
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 $423,747 $49,634 $398,653 $374,113
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