Nonprofit · EIN 38-3828204
FAMILY AND YOUTH INITIATIVE INC
Tax-exempt · WASHINGTON, DC 20003
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 (amended) | $470,539 | $410,548 | $59,991 | $253,355 | $575 | $252,780 |
| December 31, 2023 | 990 | $307,672 | $341,310 | -$33,638 | $193,732 | $943 | $192,789 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $450,795
- Program service revenue
- $0
- Investment income
- $1,560
- Net income from fundraising events
- $18,184
- Other revenue
- $18,184
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $65,000
- Other salaries and wages
- $187,631
- Salaries, compensation and benefits (total)
- $289,823
- Professional fundraising fees
- $0
- Legal fees
- $3,798
- Accounting fees
- $8,634
- Occupancy
- $19,933
- Travel
- $231
- Program services (functional)
- $281,201
- Management and general (functional)
- $17,703
- Fundraising (functional)
- $111,644
Balance sheet and other
- Total assets, start of year
- $193,732
- Total assets, end of year
- $253,355
- Total liabilities, end of year
- $575
- Net assets, end of year
- $252,780
- Net assets without donor restrictions
- $225,102
- Net assets with donor restrictions
- $27,678
- Gross receipts
- $475,820
- Employees
- 9
- Volunteers
- 100
- Year formed
- 2010
- State of legal domicile
- DC
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Susan Punnett | Executive Director Trustee or director, Key employee | 40 | $65,000 |
| Schylar Baber | Director Trustee or director | 1 | $0 |
| Marcela Monti | Director Trustee or director | 1 | $0 |
| Caleb Piatt | Director and Treasurer Trustee or director, Officer | 1 | $0 |
| Michele Reed | Director and Chair Trustee or director, Officer | 1 | $0 |
| Lindsay Clark | Director Trustee or director | 1 | $0 |
| Tanya Wedderburn | Director Trustee or director | 1 | $0 |
| Kevin Xu | Director and Secretary Trustee or director, Officer | 1 | $0 |
| Benjamin Willis | Director Trustee or director | 1 | $0 |
| Wendy Harman | Director Trustee or director | 1 | $0 |
| Aaron Warren | Director Trustee or director | 1 | $0 |
| Christina Wentworth | Director Trustee or director | 1 | $0 |
| Spencer Dunham | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Susan Punnett | Executive Director Trustee or director, Highest-paid employee | 40 | $65,000 |
| Schylar Baber | Director Trustee or director | 1 | $0 |
| Marcela Monti | Director Trustee or director | 1 | $0 |
| Caleb Piatt | Director and Treasurer Trustee or director, Officer | 1 | $0 |
| Michele Reed | Director and Chair Trustee or director, Officer | 1 | $0 |
| Lindsay Clark | Director Trustee or director | 1 | $0 |
| Tanya Wedderburn | Director Trustee or director | 1 | $0 |
| Kevin Xu | Director and Secretary Trustee or director, Officer | 1 | $0 |
| Benjamin Willis | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 853 NEW JERSEY AVE SE STE 200, WASHINGTON, DC 20003-5022
- Principal officer (990 for 2024)
- Susan Punnett, 853 New Jersey Avenue SE Ste 200, Washington, DC 20003
- Signed the 990
- Susan Punnett, President
- Phone
- (202) 863-0975
- Website
- www.dcfyi.org
- Return prepared by
- Adam Baker CPA
Mission
Family & Youth Initiative creates a supportive community and lasting relationships for teens and young adults who are in or have aged out of foster care. We believe that every child deserves family and are committed to increasing the number of teens who find adoptive families or develop what become lifelong relationships with other supportive adults.
Program accomplishments
- Family and Youth Initiative helps teens in foster care find adoptive families and develop lasting connections with other caring adults. Monthly program events bring together teens and adults to form relationships. We recruit and train volunteer mentors, host families, Committed Community Members, and event drivers; participating adoptive families complete their training and home study with a partner agency. We match teens and adults based on relationships that start at events. Adult volunteers make a specific commitment to length and intensity of time they will spend with teen once matched. Youth who age out of foster care continue to participate with DCFYI and keep their connections for as long as they want. Every participating teen or young adult develops at least one meaningful and lasting relationship with a caring adult.Expenses $197,528
- Family and Youth Initiative is supporting a dedicated group of Lived Experts (young people with the lived experience of being or having been in DC foster care) who are creating a new and innovative permanency option for older youth who are in foster care. The Lived Experts are designing the "SOUL" permanency option in conjunction with professional partners, primarily at DC Child and Family Services Agency, the office of the DC Attorney General, and Children's Law Center. They are proud of having been able to use their experience and voice to create a better path out of foster care for other youth now and into the future. We are proud to be supporting them (and the other agencies) in this work.Expenses $31,348
- In the Open Table program, we recruit, train, and match six to eight volunteers with one young adult who has aged out of foster care. Tables build relationships with the young person (or "Friend") and support them in achieving whatever goal/s they set for themselves. Tables meet weekly for a year. Some Friends and volunteers continue in their relationships after the formal Table year ends.Expenses $43,290
- The Fund for Critical Youth Needs is used to ensure DCFYI youth are able to cover critical needs like housing, transportation, medications, and/or job-related expenses (including clothing and transportation until they receive a first paycheck.Expenses $9,035
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 | Not 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
- 38-3828204
- 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
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P32)
- Assets (IRS master file)
- $253,355
- Income (IRS master file)
- $470,539
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $470,539 | $410,548 | $253,355 | IRS |
| 990 | December 2023 | $307,672 | $341,310 | $193,732 | XML |
| 990 | December 2022 | $332,154 | $335,520 | $225,442 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 38-3828204).
Questions about FAMILY AND YOUTH INITIATIVE INC
- What is the EIN of FAMILY AND YOUTH INITIATIVE INC?
- The employer identification number (EIN) of FAMILY AND YOUTH INITIATIVE INC is 38-3828204.
- Is FAMILY AND YOUTH INITIATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to FAMILY AND YOUTH INITIATIVE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FAMILY AND YOUTH INITIATIVE 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 FAMILY AND YOUTH INITIATIVE 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 FAMILY AND YOUTH INITIATIVE 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 FAMILY AND YOUTH INITIATIVE INC?
- The 990 for the year ended December 31, 2024 names Susan Punnett.
- Who are the officers and directors of FAMILY AND YOUTH INITIATIVE INC?
- The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $65,000 (Susan Punnett, Executive Director).
- How much revenue does FAMILY AND YOUTH INITIATIVE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $470,539, expenses of $410,548 and total assets of $253,355 at year end.
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