WORLD YOUTH CLUBS INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

DAVID BEACH

Phone

4077296641

Tax Period

2023-07-01 to 2024-06-30

WORLD YOUTH CLUBS INC, founded in 2019, is a community nonprofit in the Youth Development sector that reported $1.6M in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $2.0M exceeded revenue, resulting in a 26% operating deficit.

Mission

WORLD YOUTH CLUBS (WYC) IS A MEMBERSHIP-BASED ORGANIZATION, WORKING WITH AFFILIATE ORGANIZATIONS TO CREATE THE CONDITIONS, STRUCTURES, AND RESOURCES TO BUILD A GLOBAL YOUTH DEVELOPMENT MOVEMENT WHERE WYC MEMBERS RETAIN AUTONOMY AND RECEIVE TECHNICAL ASSISTANCE, ACCESS TO A PROFESSIONAL NETWORK, AND OTHER CRITICAL RESOURCES.

Program Service Accomplishments

Program 1

Expenses: $1,692,265

WYC SERVES AFFILIATE ORGANIZATIONS IN THREE DISTINCT AREAS. GUIDANCE & CONSULTATION - WYC PROVIDES PERSONALIZED ASSESSMENT SERVICES AND HIGH-TOUCH TECHNICAL ASSISTANCE IN CRITICAL AREAS OF...

WYC SERVES AFFILIATE ORGANIZATIONS IN THREE DISTINCT AREAS. GUIDANCE & CONSULTATION - WYC PROVIDES PERSONALIZED ASSESSMENT SERVICES AND HIGH-TOUCH TECHNICAL ASSISTANCE IN CRITICAL AREAS OF ORGANIZATIONAL DEVELOPMENT, INCLUDING: - BOARD DEVELOPMENT - STAFF DEVELOPMENT - FINANCE & ADMINISTRATION - RESOURCE DEVELOPMENT - MARKETING & COMMUNICATIONS - SAFETY & FACILITIES - PROGRAM CURRICULUM - TECHNOLOGY & SYSTEMS - STRATEGIC PLANNING - OUTCOMES MEASUREMENTNETWORKING & LEARNING OPPORTUNITIES - WYC LOOKS TO CURATE KNOWLEDGE ACROSS A RANGE OF YOUTH DEVELOPMENT MODELS TO IMPROVE ORGANIZATIONAL EFFICIENCIES, DEVELOP YOUTH PROFESSIONALS, AND ENHANCE THE WORK OF BOARD VOLUNTEERS. THESE OPPORTUNITIES INCLUDE: - WYC ANNUAL INTERNATIONAL CONFERENCE - MONTHLY WEBCAST SERIES - SHARING OF BEST PRACTICES - FORMAL AND INFORMAL NETWORKING OPPORTUNITIES AMONG AFFILIATE MEMBERSADVOCACY & RECOGNITION - WYC ADVOCATES ON BEHALF OF THE INTERNATIONAL YOUTH DEVELOPMENT MOVEMENT, BRINGING AWARENESS TO THE IMPACT OF YOUTH CLUBS AND YOUTH DEVELOPMENT PROFESSIONALS WORLDWIDE. RECOGNITION OPPORTUNITIES INCLUDE: - WYC ANNUAL PROMISE AWARDS: CELEBRATING YOUTH, YOUTH DEVELOPMENT PROFESSIONALS AND INNOVATIVE PROGRAMMING OF AFFILIATE MEMBERS - CHALLENGE GRANTS: PASS THROUGH FUNDING PROVIDED TO WYC AFFILIATES TO SUPPORT GROWTH AND INNOVATION

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,497,637

Program Service Revenue $0

Investment Income $65,874

Other Revenue $0

TOTAL REVENUE $1,563,511

Expense Breakdown

Grants Paid $548,800

Salaries & Benefits $680,511

Fundraising Expenses $131,846

Program Expenses $1,692,265

Other Expenses $736,168

TOTAL EXPENSES $1,965,479

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,563,511	$2,026,235	-0.2%
Expenses	$1,965,479	$1,518,314	+0.3%
Net Income	$-401,968	$507,921	-1.8%

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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$386,002

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIRK DOMINICK	PRESIDENT & CEO	40.00	Officer	$366,480	$19,522	$386,002
ABIGAIL LEMAY	VICE PRESIDENT OF IMPACT	40.00	Highest	$105,975	$5,126	$111,101
LUCIANO AZUM	DIRECTOR	2.00	Director	$0	$0	$0
BEAU BRIDGES	DIRECTOR	2.00	Director	$0	$0	$0
KYLE MARYANSKI	DIRECTOR	2.00	Director	$0	$0	$0
KAREN RHEUBAN	DIRECTOR EFFECTIVE 03/24	2.00	Director	$0	$0	$0
IAN SOLOMON	DIRECTOR	2.00	Director	$0	$0	$0
PATRICK YOH	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN GOINGS	CHAIRMAN	10.00	Officer Director	$0	$0	$0
RICK GOINGS	FOUNDING CHAIRMAIN	5.00	Officer Director	$0	$0	$0
SIMON HEMUS	VICE CHAIRMAN EFFECTIVE 10/23	5.00	Officer Director	$0	$0	$0
ELINOR STEELE	SECRETARY/VICE CHAIRMAN EFF 04/24	5.00	Officer Director	$0	$0	$0
DAVID BEACH	TREASURER	5.00	Officer 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	$1,563,511	$1,965,479	$1,965,647	$-401,968
2024	$690,410	$1,179,616	$1,417,817	$-489,206
2023	$2,026,235	$1,518,314	$2,443,282	$507,921
2022	$1,075,720	$1,255,624	$1,525,864	$-179,904
2021	$969,504	$1,331,232	$2,140,657	$-361,728
2019	$2,736,069	$184,167	$2,573,488	$2,551,902