Nonprofit · EIN 87-2285534
URBAN YOUTH LEGACY FOUNDATION INC
Tax-exempt · WEST PALM BCH, FL 33407
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $238,781 | $231,182 | $7,599 | $802,139 | $8,437 | $793,702 |
| August 31, 2024 | 990 | $485,715 | $281,153 | $204,562 | $793,364 | $7,261 | $786,103 |
| August 31, 2023 | 990 | $288,496 | $272,606 | $15,890 | $586,389 | $4,848 | $581,541 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $177,840
- Program service revenue
- $0
- Investment income
- $60,941
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $137,047
- Salaries, compensation and benefits (total)
- $215,585
- Professional fundraising fees
- $0
- Program services (functional)
- $197,790
- Management and general (functional)
- $21,320
- Fundraising (functional)
- $12,072
Balance sheet and other
- Total assets, start of year
- $793,364
- Total assets, end of year
- $802,139
- Total liabilities, end of year
- $8,437
- Net assets, end of year
- $793,702
- Publicly traded securities
- $486,981
- Net assets without donor restrictions
- $793,702
- Gross receipts
- $238,781
- Employees
- 1
- Year formed
- 2021
- State of legal domicile
- FL
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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| William Hobbs | President Trustee or director, Officer | 40 | $137,047 |
| Brian McPherson | Secretary Trustee or director, Officer | 3 | $0 |
| Tim Miller | Treasurer Trustee or director, Officer | 3 | $0 |
| Thomas Lane | Director Trustee or director | 3 | $0 |
| Angelo Arcadipane | Director Trustee or director | 3 | $0 |
990 for the year ended August 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| William Hobbs | President Trustee or director, Officer | 40 | $140,020 |
| Brian McPherson | Secretary Trustee or director, Officer | 3 | $0 |
| Tim Miller | Treasurer Trustee or director, Officer | 3 | $0 |
| Thomas Lane | Director Trustee or director | 3 | $0 |
| Angelo Arcadipane | Director Trustee or director | 3 | $0 |
990 for the year ended August 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| William Hobbs | President Trustee or director, Officer | 40 | $157,745 |
| Brian McPherson | Secretary Trustee or director, Officer | 3 | $0 |
| Tim Miller | Treasurer Trustee or director, Officer | 3 | $0 |
| Thomas Lane | Director Trustee or director | 3 | $0 |
| Angelo Arcadipane | Director Trustee or director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 2823 N AUSTRALIAN AVE, WEST PALM BCH, FL 33407-4524
- Mailing address (990-N for 2020)
- 2823 N Australian Ave, West Palm Beach FL 33407
- Principal officer (990 for 2024)
- William Hobbs, 2823 N Australian Ave, West Palm Beach, FL 33407
- Principal officer (990-N for 2020)
- William Hobbs, 2823 N Australian Ave, West Palm Beach FL 33407
- Signed the 990
- William Hobbs, President
- Phone
- (561) 832-9220
- Website
- www.urbanyouthimpact.com
- Return prepared by
- DIVINE BLALOCK MARTIN & SELLARI LLC
Mission
To operate as a supporting organization exclusively for the benefit of, to provide support for, and to advance the exempt purposes of Urban Youth Impact, Inc, a Florida nonprofit corporation which is exempt under the Section 501(c)(3) of the Internal Revenue Code.
Program accomplishments
- Raise funds for the exclusive use of Urban Youth Impact, Inc, as needed.Expenses $197,790 · revenue $177,840
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 87-2285534
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2022
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O55)
- Assets (IRS master file)
- $802,139
- Income (IRS master file)
- $238,781
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $238,781 | $231,182 | $802,139 | XML |
| 990 | August 2024 | $485,715 | $281,153 | $793,364 | XML |
| 990 | August 2023 | $288,496 | $272,606 | $586,389 | XML |
| 990 | August 2022 | $680,377 | $175,913 | $565,651 | IRS |
| 990-N for 2020 Officer: William Hobbs | August 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
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 87-2285534).
Questions about URBAN YOUTH LEGACY FOUNDATION INC
- What is the EIN of URBAN YOUTH LEGACY FOUNDATION INC?
- The employer identification number (EIN) of URBAN YOUTH LEGACY FOUNDATION INC is 87-2285534.
- Is URBAN YOUTH LEGACY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to URBAN YOUTH LEGACY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does URBAN YOUTH LEGACY 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 URBAN YOUTH LEGACY FOUNDATION INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did URBAN YOUTH LEGACY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of URBAN YOUTH LEGACY FOUNDATION INC?
- The 990 for the year ended August 31, 2025 names William Hobbs.
- Who are the officers and directors of URBAN YOUTH LEGACY FOUNDATION INC?
- The 990 for the year ended August 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $137,047 (William Hobbs, President).
- How much revenue does URBAN YOUTH LEGACY FOUNDATION INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $238,781, expenses of $231,182 and total assets of $802,139 at year end.
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All nonprofits in WEST PALM BCH · Florida · Youth development