Advancing Youth Initiative

EIN: 843967644 501(c)(3) Education

Pittsburgh, PA

Total Revenue
$368,950
Total Expenses
$716,080
Total Assets
$145,153
Net Assets
$-338,852
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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
PA
Principal Officer
Wayne Jones
Phone
4127936471
Tax Period
2024-07-01 to 2025-06-30

Advancing Youth Initiative, founded in 2019, is a small nonprofit in the Education sector that reported $369K in total revenue in fiscal year 2024. Revenue surged 89% from the prior year, signaling strong growth momentum. Expenses of $716K exceeded revenue, resulting in a 94% operating deficit.

Mission

Support the health, welfare, and educational interests of PHCSE, Dominus, and other organizations that share our educational values.

Program Service Accomplishments

Program 1
Expenses: $713,762 Revenue: $0

Supporting the health, welfare and educational interest of PHCSE, Dominus and other organizations that share educational values.

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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 $368,500
Program Service Revenue $0
Investment Income $0
Other Revenue $450
TOTAL REVENUE $368,950

Expense Breakdown

Grants Paid $144,489
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $713,762
Other Expenses $571,591
TOTAL EXPENSES $716,080

Year-over-Year Comparison

2024 2023 Change
Revenue $368,950 $194,876 +0.9%
Expenses $716,080 $245,578 +1.9%
Net Income $-347,130 $-50,702 +5.8%
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

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Governance

Voting Members
5
Independent Members
4
Employees
N/A
Volunteers
30

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
$227,947
Total Directors
5
$227,947
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Wayne Jones Director 2.00
Officer Director
$0 $62,554 $227,947
Derrick Tillman Vice-President 2.00
Officer Director
$0 $0 $0
Lisa Abel-Palmieri President 2.00
Officer Director
$0 $0 $0
Charles Thomas Treasurer 2.00
Director
$0 $0 $0
Allen Zeolla 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
2025 $368,950 $716,080 $145,153 $-347,130
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