2024-11-04T05:27:46-05:00 2023-12-31 990EZ 2023-01-01 475482385 Youth Finance Institute of America % Amiko Foster YOUT 5108594587 926 Pomona Ave Albany CA 94706 Amiko Foster Executive Director 2024-11-04 2023 2024-10-15 13:58:12Z X www.yfia.org X X 47159 X 2360 44799 0 0 0 47159 20828 21700 20 11075 53623 -6464 -21956 -8900 -37320 X 871 7069 3700 850 4571 7919 26527 45239 -21956 -37320 Financial Education workshops for youth ages 14-21. Money Talk Workshops: Conducted in person and online workshops teaching youth financial education topics such as: Budgeting Credit Management and how to obtain their first job. 518 youth in disadvantaged areas in the East Bay Area received services. In addition to workshops we also began development on a self-service portal to provide all of our curriculum to non-profits and school located in the City of Richmond CA. 2000 22673 Job Corps program for the City of Richmond CA: A paid Summer Internship for five disadvantaged youth ages 18-21. The program gave the each intern part-time work of 20 hours per week paying $20 and hour. The program also assisted interns who completed the program in obtaining full-time employment and or full-time enrollment in college. 0 20829 High School to Homeownership Program: 15 youth living in the City of Richmond received an 11 week program teaching them the money management behavior that will one day lead to homeownership. 0 9116 52618 X Amiko Foster CEO-Executive Director 32 0 0 16800 Michael Castro President 1 0 0 0 Desirae Mcneil Vice President 1 0 0 0 Anthony Volkar Secretary 1 0 0 0 false false false false false 0 true 8900 false false CA Amiko Foster 926 Pomona Ave Albany CA 94706 5108161576 false false false false false false false false false false NONE NONE true X 38218 49542 111559 118066 2365 319750 0 0 0 0 0 0 0 0 0 0 0 0 38218 49542 111559 118066 2365 319750 0 319750 0 0 0 0 0 0 0 0 0 0 0 0 319750 42105 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Amiko Foster CEO Executive Director To cover program expenses X 8900 8900 false true true 8900 Part V | PartandLinenumber:,Explanation:| Part III General,Amiko Foster an officer of YFIA made a series of loans in 2023 in the amount of $8900. The loans are short term loans because all of our contracts are reimbursement contracts and the organization needed to pay salaries prior to the reimbursements being received. We anticipate to repay these loans by the end of 2024.| Doing Business As Names YFIA Part I, line 16 | Other Expenses:, Amount:| Program Expenses, $10375| Loan Interest, $700| Part I, line 20 | Explanation:, Amount:| Loan from Amiko Foster. for program expenses., $-8900| Part II, line 24 | Explanation:, BOYAmount:, EOYAmount:| Accounts receivables, $0, $| In-kind donations for prizes and auction, $50, $| Computers and recording equipment for workshops, $2000, $500| Office Equipment and Furniture, $1650, $350| Part II, line 26 | Explanation:, BOYAmount:, EOYAmount:| Accounts Payable, $0, $| Short-Term Loan from Billy Foster Sr., $0, $| Loans from Amiko Foster, $0, $8900| EIDL Loan, $15527, $15527| A loan from Amiko Foster, $6000, $6000| Amiko Foster Executive Director Founding Loan, $5000, $5000| 2023 deficit additional, $0, $6464| Salary Payable, $0, $3348| Part II, General | Explanation:| Computers and Office equipment has decreased because they have been donated directly to youth in our programs who did not have computers ring lights and recording equipment. This equipment will help them in their studies in both high school and college.