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Nonprofit · EIN 35-1978688

FOUNDATION FOR YOUTH INC

Tax-exempt · EVANSVILLE, IN 47719

Financials

$118K$812K2023$646K$872K2024
Revenue Expenses · by fiscal year end
Financials of FOUNDATION FOR YOUTH INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$646,279$871,550-$225,271$21,835,295$18,156,477$3,678,818
December 31, 2023990$117,780$812,069-$694,289$19,071,247$17,218,734$1,852,513
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,261
Program service revenue
$0
Investment income
$645,018
Net gain from sales of assets
$244,269
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Management and general (functional)
$871,550

Balance sheet and other

Total assets, start of year
$19,071,247
Total assets, end of year
$21,835,295
Total liabilities, end of year
$18,156,477
Net assets, end of year
$3,678,818
Gross receipts
$4,698,048
Employees
0
Volunteers
0
Year formed
1995
State of legal domicile
IN

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, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
RON RYANEX-OFFICIO NON-VOTING BD M
Trustee or director
0.5$0$212,941$21,350
JOHN C HALVERSONPRESIDENT
Trustee or director, Officer
0.5$0$0$0
MARC D FINESECRETARY
Trustee or director, Officer
0.5$0$0$0
JOE MEYERTREASURER
Trustee or director, Officer
0.5$0$0$0
JOSEPH T THEBY IIIDIRECTOR
Trustee or director
0.5$0$0$0
DANIEL HERMANNDIRECTOR
Trustee or director
0.5$0$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RON RYANEX-OFFICIO NON-VOTING BD M
Trustee or director
0.5$0$195,418$19,579
JOHN C HALVERSONPRESIDENT
Trustee or director, Officer
0.5$0$0$0
MARC D FINESECRETARY
Trustee or director, Officer
0.5$0$0$0
JOE MEYERTREASURER
Trustee or director, Officer
0.5$0$0$0
JOSEPH T THEBY IIIDIRECTOR
Trustee or director
0.5$0$0$0
DANIEL HERMANNDIRECTOR
Trustee or director
0.5$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 6311, EVANSVILLE, IN 47719-0311
In care of
% MARC FINE
Principal officer (990 for 2024)
JOHN HALVERSON, 516 MARTINS LANE, EVANSVILLE, IN 47715
Signed the 990
JOHN HALVERSON, PRESIDENT
Phone
(812) 425-2311
Return prepared by
HARDING SHYMANSKI & CO PSC

Mission

RECEIVE, ADMINISTER & DISTRIBUTE FUNDS FOR EDUCATIONAL, SCIENTIFIC & CHARITABLE PURPOSES FOR THE WELFARE OF THE PUBLIC.

990 for the year ended December 31, 2024

Program accomplishments

  • ADMINISTER AND DISTRIBUTE FUNDS FOR THE BOYS AND GIRLS CLUB OF EVANSVILLE, INC.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
35-1978688
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$21,835,295
Income (IRS master file)
$4,698,048

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$646,279$871,550$21,835,295XML
990December 2023$117,780$812,069$19,071,247XML
990December 2022$186,918$646,484$16,367,015IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 35-1978688).

Questions about FOUNDATION FOR YOUTH INC

What is the EIN of FOUNDATION FOR YOUTH INC?
The employer identification number (EIN) of FOUNDATION FOR YOUTH INC is 35-1978688.
Is FOUNDATION FOR YOUTH INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to FOUNDATION FOR YOUTH INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does FOUNDATION FOR YOUTH 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 FOUNDATION FOR YOUTH INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOUNDATION FOR YOUTH INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FOUNDATION FOR YOUTH INC?
The 990 for the year ended December 31, 2024 names JOHN HALVERSON.
Who are the officers and directors of FOUNDATION FOR YOUTH INC?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does FOUNDATION FOR YOUTH INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $646,279, expenses of $871,550 and total assets of $21,835,295 at year end.

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