Nonprofit · EIN 26-0202360
YMIC FOUNDATION INC
Tax-exempt · WEST CHESTER, PA 19380
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,300,182 | $1,408,342 | -$108,160 | $923,060 | $53,079 | $869,981 |
| December 31, 2024 | 990 | $1,322,608 | $1,427,635 | -$105,027 | $1,026,251 | $90,145 | $936,106 |
| December 31, 2023 | 990 | $1,198,703 | $1,245,279 | -$46,576 | $1,033,958 | $34,658 | $999,300 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,234,284
- of which government grants
- $876,733
- Program service revenue
- $50,603
- Investment income
- $933
- Net income from fundraising events
- $14,362
- Other revenue
- $14,362
Expenses
- Grants and similar amounts paid
- $39,018
- Compensation of officers, directors and key employees
- $149,701
- Other salaries and wages
- $549,596
- Salaries, compensation and benefits (total)
- $846,932
- Professional fundraising fees
- $0
- Accounting fees
- $109,859
- Occupancy
- $83,785
- Depreciation
- $15,933
- Program services (functional)
- $1,337,985
- Management and general (functional)
- $48,995
- Fundraising (functional)
- $21,362
Balance sheet and other
- Total assets, start of year
- $1,026,251
- Total assets, end of year
- $923,060
- Total liabilities, end of year
- $53,079
- Net assets, end of year
- $869,981
- Land, buildings and equipment
- $84,640
- Net assets without donor restrictions
- $361,727
- Net assets with donor restrictions
- $508,254
- Gross receipts
- $1,355,995
- Employees
- 31
- Volunteers
- 75
- Year formed
- 2007
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD ROBERTS III | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $127,476 | $22,225 |
| BROOKLYN GREEN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| COURTNEY ALLEN | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| SHARETTA SLOANES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARIA ZENGEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VINOD RAGHAVAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR JULIAN MADISON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VINCENT ROSS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GILBERT DAVIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR CRAIG PARKINSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD ROBERTS III | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $129,632 | $19,038 |
| GRAIG PARKINSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| COURTNEY ALLEN | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| SHARETTA SLOANES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARIA ZENGEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VINOD RAGHAVAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUE SUGANTHI CPA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VINCENT ROSS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GILBERT DAVIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD ROBERTS III | EXECUTIVE DIRECTOR Trustee or director, Officer | 50 | $85,800 | $15,480 |
| COURTNEY ALLEN | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| VINCE CUCE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| AARON CUNNINGHAM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GILBERT DAVIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL KING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VINCENT ROSS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOANNE SANTOMAURO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUE SUGANTHI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR GRAIG PARKINSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VINOD RAGHAVAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARIA ZENGEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHARETTA SLOANES | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1500 W WOODBANK WAY, WEST CHESTER, PA 19380-1752
- Principal officer (990 for 2025)
- RICHARD ROBERTS III, 1160 MCDERMOTT DRIVE, WEST CHESTER, PA 19380
- Signed the 990
- RICHARD ROBERTS III, EXECUTIVE DIRECTOR
- Phone
- (215) 680-6519
- Website
- WWW.YMWICFOUNDATION.ORG
- Return prepared by
- O'CONNELL & COMPANY LLC
Mission
TO EMPOWER AND PREPARE ECONOMICALLY DISADVANTAGED AND HISTORICALLY UNDERREPRESENTED YOUTH TO EXCEL AND BECOME LEADERS IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) CAREERS THROUGH ACADEMIC TUTORING, MENTORING AND FINANCIAL ASSISTANCE PROGRAMS ACCOMPLISHED BY LEVERAGING ALLIANCES WITH K-12 SCHOOL DISTRICTS, UNIVERSITIES, CORPORATIONS, AND COMMITTED PARTNERS.
Program accomplishments
- CONDUCTED PROGRAMS IN THE AREAS OF SCIENCE, TECHNOLOGY, ENGINEERING, MATH (STEM), ART, ROBOTICS, MUSIC, CIVICS, DEBATE, NSBE CHAPTER, JOB SHADOWING, INTERNSHIP, JOB SEARCH ASSISTANCE, ENTREPRENEURSHIP,PRE-APPRENTICE PROGRAM,AND MATHCOUNT TO PREPARE DISADVANTAGED YOUTH TO EXCEL IN STEM CAREERS.Expenses $1,337,985 · grants $39,018 · revenue $50,603
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-0202360
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $923,060
- Income (IRS master file)
- $1,355,995
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,300,182 | $1,408,342 | $923,060 | XML |
| 990 | December 2024 | $1,322,608 | $1,427,635 | $1,026,251 | IRS |
| 990 | December 2023 | $1,198,703 | $1,245,279 | $1,033,958 | XML |
| 990 | December 2022 | $1,164,479 | $1,036,380 | $1,002,646 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-0202360).
Questions about YMIC FOUNDATION INC
- What is the EIN of YMIC FOUNDATION INC?
- The employer identification number (EIN) of YMIC FOUNDATION INC is 26-0202360.
- Is YMIC FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to YMIC FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does YMIC FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of YMIC FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did YMIC FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of YMIC FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names RICHARD ROBERTS III.
- Who are the officers and directors of YMIC FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $127,476 (RICHARD ROBERTS III, EXECUTIVE DIRECTOR).
- How much revenue does YMIC FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,300,182, expenses of $1,408,342 and total assets of $923,060 at year end.
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All nonprofits in WEST CHESTER · Pennsylvania · Human services