Rural Youth Institute

EIN: 932311046 501(c)(3) Education

Yarmouth, ME

Total Revenue
$215,437
Total Expenses
$85,732
Total Assets
$228,871
Net Assets
$228,871
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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
2023
Legal Domicile
ME
Principal Officer
Donald Carpenter
Phone
2077301154
Tax Period
2024-01-01 to 2024-12-31

Rural Youth Institute, founded in 2023, is a small nonprofit in the Education sector that reported $215K in total revenue in fiscal year 2024. The organization ran a surplus of $130K, a strong 60% operating margin.

Mission

The Rural Youth Institute is dedicated to enhancing rural youth development by strengthening the leadership and capacity of professionals working with young people. By bridging research and practice, the Rural Youth Institute seeks to innovate youth development by offering immersive learning labs, transformative research, comprehensive training and strategic advocacy to strengthen youth-serving organizations. By employing evidence-based strategies, the Rural Youth Institute aims to foster innovation in the youth development field to elevate the aspirations of rural youth.

Program Service Accomplishments

Program 1
Expenses: $81,815 Revenue: $1,000

The Rural Youth Institute (the "Institute") employs evidence-based strategies, fosters innovation, and provides opportunities for young people in rural communities to explore pathways towards a...

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The Rural Youth Institute (the "Institute") employs evidence-based strategies, fosters innovation, and provides opportunities for young people in rural communities to explore pathways towards a successful future. The Institute operates as a think tank and a "do tank" by: - Collaborating with strategic partners, such as educational institutions, youth organizations, and community stakeholders; - Overseeing research, program development, and coordination throughout the region; and - Engaging and advocating for social changes that aligns with the Institute's mission and goals. For this initial year of operations, the Institute secured starter funding and began offering trainings and educational programming designed to help advance and develop rural Maine communities.

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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 $210,250
Program Service Revenue $1,000
Investment Income $4,187
Other Revenue $0
TOTAL REVENUE $215,437

Expense Breakdown

Grants Paid $60,000
Salaries & Benefits $0
Fundraising Expenses $210
Program Expenses $81,815
Other Expenses $25,732
TOTAL EXPENSES $85,732

Year-over-Year Comparison

2024 2023 Change
Revenue $215,437 N/A N/A
Expenses $85,732 N/A N/A
Net Income $129,705 $0 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

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
7
Independent Members
5
Employees
N/A
Volunteers
7

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
$329,101
Total Directors
7
$329,101
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Erin Cinelli Treasurer and Director 10.00
Officer Director
$0 $39,102 $128,275
Donald Carpenter President and Director 10.00
Officer Director
$0 $45,331 $200,826
Catharine Biddle Director 1.00
Director
$0 $0 $0
Jon Doty Director 1.00
Director
$0 $0 $0
Jason Judd Director 1.00
Director
$0 $0 $0
Kristy Ouellette Director 1.00
Director
$0 $0 $0
Owen McCarthy Secretary and Director 1.00
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
2025 No data No data No data No data
2024 $215,437 $85,732 $228,871 $129,705
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