Urban Youth Legacy Foundation Inc

EIN: 872285534 501(c)(3) Youth Development

West Palm Beach, FL

Total Revenue
$238,781
Total Expenses
$231,182
Total Assets
$802,139
Net Assets
$793,702
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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
2021
Legal Domicile
FL
Principal Officer
William Hobbs
Phone
5618329220
Tax Period
2024-09-01 to 2025-08-31

Urban Youth Legacy Foundation Inc, founded in 2021, is a small nonprofit in the Youth Development sector that reported $239K in total revenue in fiscal year 2024. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $231K left a modest 3% surplus.

Mission

To operate as a supporting organization exclusively for the benefit of, to provide support for, and to advance the exempt purposes of Urban Youth Impact, Inc, a Florida nonprofit corporation.

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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 $177,840
Program Service Revenue $0
Investment Income $60,941
Other Revenue $0
TOTAL REVENUE $238,781

Expense Breakdown

Grants Paid $0
Salaries & Benefits $215,585
Fundraising Expenses $12,072
Program Expenses $197,790
Other Expenses $15,597
TOTAL EXPENSES $231,182

Year-over-Year Comparison

2024 2023 Change
Revenue $238,781 $485,715 -0.5%
Expenses $231,182 $281,153 -0.2%
Net Income $7,599 $204,562 -1.0%
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
1
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
3
$137,047
Total Directors
5
$137,047
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William Hobbs President 40.00
Officer Director
$137,047 $0 $137,047
Brian McPherson Secretary 3.00
Officer Director
$0 $0 $0
Tim Miller Treasurer 3.00
Officer Director
$0 $0 $0
Thomas Lane Director 3.00
Director
$0 $0 $0
Angelo Arcadipane Director 3.00
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 $238,781 $231,182 $802,139 $7,599
2024 $485,715 $281,153 $793,364 $204,562
2023 $288,496 $272,606 $586,389 $15,890
2022 $680,377 $175,913 $565,651 $504,464
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