Canopy Young Adult Community House Inc

EIN: 842972756 501(c)(3) Human Services

Georgetown, KY

Total Revenue
$281,396
Total Expenses
$164,580
Total Assets
$324,416
Net Assets
$324,416
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
KY
Principal Officer
Beau R Revlett
Phone
8597978066
Tax Period
2023-01-01 to 2023-12-31

Canopy Young Adult Community House Inc, founded in 2019, is a small nonprofit in the Human Services sector that reported $281K in total revenue in fiscal year 2023. The organization ran a surplus of $117K, a strong 42% operating margin.

Mission

To engage and support efforts aimed at housing justice, including but not limited to tenant organizing and activities pursuing the expansion of social housing and other forms of social justice.

Program Service Accomplishments

Program 1
Expenses: $54,046 Revenue: $94,327

Civic engagement of low income renters in Lexington & Morehead, KY. Education of renters about local government activities related to low income renters. 3000 educational contacts, 150 renters...

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Civic engagement of low income renters in Lexington & Morehead, KY. Education of renters about local government activities related to low income renters. 3000 educational contacts, 150 renters engaged in emails and public comments at public meetings.

Program 2
Expenses: $21,618 Revenue: $94,327

Public education about challenges facing low income renters in Lexington and Morehead, KY. Developed xxx stories in local media as well as canvassing and phone banking, contacting over 2500 people.

Program 3
Expenses: $32,428 Revenue: $94,327

Development of leadership abilties of low income renters in Lexington and Morehead, KY. Over 250 low income renters participated in civic engagement activities. Over 150 low income renters received...

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Development of leadership abilties of low income renters in Lexington and Morehead, KY. Over 250 low income renters participated in civic engagement activities. Over 150 low income renters received training in advocacy, outreach and civic engagement.

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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 (2023)

Revenue Breakdown

Contributions & Grants $281,396
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $281,396

Expense Breakdown

Grants Paid $0
Salaries & Benefits $97,455
Fundraising Expenses $14,813
Program Expenses $108,092
Other Expenses $67,125
TOTAL EXPENSES $164,580

Year-over-Year Comparison

2023 2022 Change
Revenue $281,396 N/A N/A
Expenses $164,580 N/A N/A
Net Income $116,816 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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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
2
Employees
2
Volunteers
150

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
2
$0
Total Directors
1
$0
Key Employees
1
$50,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Beau Revlett Board Chair 40.00
Key Emp
$50,000 $0 $50,000
Adrian Williams Secretary 5.00
Officer Director
$0 $0 $0
Lukas Lake-Bullock Treasurer 5.00
Officer
$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 $281,396 $164,580 $324,416 $116,816
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