Nonprofit · EIN 57-1020040
YOUTH ACADEMY
Tax-exempt (reinstated) · SUMTER, SC 29151
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $6,903 | $34,567 | -$27,664 | $868,263 | $2,500 | $865,763 |
| December 31, 2023 | 990 | $2,303 | $37,273 | -$34,970 | $966,345 | $0 | $966,345 |
| December 31, 2022 | 990 | $215 | $25,138 | -$24,923 | $1,001,315 | $0 | $1,001,315 |
| December 31, 2021 | 990 (amended) | $37,000 | $45,445 | -$8,445 | $1,026,636 | $0 | $1,026,636 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,500
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- $2,403
- Other revenue
- $2,403
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,500
- Depreciation
- $18,492
- Program services (functional)
- $16,075
- Management and general (functional)
- $18,492
Balance sheet and other
- Total assets, start of year
- $966,345
- Total assets, end of year
- $868,263
- Total liabilities, end of year
- $2,500
- Net assets, end of year
- $865,763
- Land, buildings and equipment
- $865,335
- Gross receipts
- $6,903
- Employees
- 0
- Year formed
- 1998
- State of legal domicile
- SC
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 |
|---|---|---|---|
| DAPHNE BOSTON | EX OFFICIO BOARD MEMBER Trustee or director, Officer | 25 | $0 |
| CURTIS W BOSTON | CHAIRMAN Officer | 4 | $0 |
| ALBERT DAVIS | VICE CHAIRMAN Officer | 2 | $0 |
| LEON CHISHOLM | SECRETARY Officer | 2 | $0 |
| JUDY M WILSON | TREASURER Officer | 2 | $0 |
| WILLIAM MARTIN | BOARD MEMBER Officer | 1 | $0 |
| JESSE WILSON | BOARD MEMBER Officer | 1 | $0 |
| ALEX MONTGOMERY | MEMBER Officer | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAPHNE BOSTON | EX OFFICIO BOARD MEMBER Trustee or director, Officer | 25 | $0 |
| WILLIAM MARTIN | BOARD MEMBER Officer | 1 | $0 |
| JESSE WILSON | BOARD MEMBER Officer | 1 | $0 |
| ALEX MONTGOMERY | MEMBER Officer | 1 | $0 |
| ALBERT DAVIS | VICE CHAIRMAN Officer | 2 | $0 |
| CURTIS W BOSTON | CHAIRMAN Officer | 4 | $0 |
| JUDY M WILSON | TREASURER Officer | 2 | $0 |
| LEON CHISHOLM | SECRETARY Officer | 2 | $0 |
990 for the year ended December 31, 2022: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAPHNE BOSTON | EX OFFICIO BOARD MEMBER Trustee or director, Officer | 25 | $0 |
| WILLIAM MARTIN | BOARD MEMBER Officer | 1 | $0 |
| JESSE WILSON | BOARD MEMBER Officer | 1 | $0 |
| ALEX MONTGOMERY | MEMBER Officer | 1 | $0 |
| ALBERT DAVIS | VICE CHAIRMAN Officer | 2 | $0 |
| CURTIS W BOSTON | CHAIRMAN Officer | 4 | $0 |
| JUDY M WILSON | TREASURER Officer | 2 | $0 |
| LEON CHISHOLM | SECRETARY Officer | 2 | $0 |
990 for the year ended December 31, 2021: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAPHNE BOSTON | EX OFFICIO BOARD MEMBER Trustee or director, Officer | 25 | $0 |
| WILLIAM MARTIN | BOARD MEMBER Officer | 1 | $0 |
| JESSE WILSON | BOARD MEMBER Officer | 1 | $0 |
| ALEX MONTGOMERY | MEMBER Officer | 1 | $0 |
| ALBERT DAVIS | VICE CHAIRMAN Officer | 2 | $0 |
| CURTIS W BOSTON | CHAIRMAN Officer | 4 | $0 |
| JUDY M WILSON | TREASURER Officer | 2 | $0 |
| LEON CHISHOLM | SECRETARY Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1588, SUMTER, SC 29151-1588
- In care of
- % DAPHANE BOSTON
- Principal officer (990 for 2024)
- CURTIS W BOSTON BOARDCHAIR, POST OFFICE BOX 2749, SUMTER, SC 29151
- Signed the 990
- DAPHANE BOSTON, BOARDCHAIR
- Phone
- (843) 372-0189
- Return prepared by
- GLOBAL TAX & BUSINESS SERVICES LLC
Mission
THE ORGANIZATIONS MISSION INVOLVES SERVING AT RISK YOUTH; HOWEVER NO SIGNIFICANT ACTIVITIES WERE IMPLEMENTED FOR THE PAST FEW YEARS DUE TO LACK OF ACTIVITIES REVENUE OR FUNDING.
Program accomplishments
- THE ORGANIZATIONS MISSION INVOLVES SERVING AT RISK YOUTH, HOWEVER NO SIGNIFICANT ACTIVITIES WERE IMPLEMENTED FOR THE PAST FEW YEARS DUE TO LACK OF ACTIVITIES, REVENUE OR FUNDING.Expenses $16,075
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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
- 57-1020040
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Housing and shelter (L99)
- Assets (IRS master file)
- $868,263
- Income (IRS master file)
- $6,903
Revocation and reinstatement
- Exemption revoked
- May 15, 2018
- Posted by the IRS
- August 13, 2018
- Reinstated
- Effective May 15, 2018
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $6,903 | $34,567 | $868,263 | XML |
| 990 | December 2023 | $2,303 | $37,273 | $966,345 | XML |
| 990 | December 2022 | $215 | $25,138 | $1,001,315 | XML |
| 990 | December 2021 | $37,000 | $45,445 | $1,026,636 | XML |
| 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 57-1020040).
Questions about YOUTH ACADEMY
- What is the EIN of YOUTH ACADEMY?
- The employer identification number (EIN) of YOUTH ACADEMY is 57-1020040.
- Is YOUTH ACADEMY tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2018 and reinstated it effective May 15, 2018.
- Are donations to YOUTH ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does YOUTH ACADEMY file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of YOUTH ACADEMY 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 YOUTH ACADEMY 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 YOUTH ACADEMY?
- The 990 for the year ended December 31, 2024 names CURTIS W BOSTON BOARDCHAIR.
- Who are the officers and directors of YOUTH ACADEMY?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does YOUTH ACADEMY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $6,903, expenses of $34,567 and total assets of $868,263 at year end.
Other nonprofits in SUMTER
- SANTEE LYNCHES AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT CORP EIN 57-0951975 · last filed 990 for 2024
- CITY OF SUMTER HOUSING & ECONOMIC DEVELOPEMENT CORPORATION EIN 58-2338582 · last filed 990 for 2026
- HABITAT FOR HUMANITY INTERNATIONAL INC EIN 57-0835811 · last filed 990 for 2025
- CP LEGACY FOUNDATION OF SUMTER SC INC EIN 88-2800031 · last filed 990-PF for 2024
- WASHINGTON PLACE INC EIN 57-0958595 · last filed 990 for 2025
- FIRST FLIGHT INC EIN 57-1078451 · last filed 990-EZ for 2025
- FAMILY UNIT INC EIN 26-3342684 · last filed 990-EZ for 2024
- SHERRIE & JAMES MAYES BENEFICIAL FOUNDATION EIN 39-2594485 · last filed 990-N for 2024
All nonprofits in SUMTER · South Carolina · Housing and shelter