NonprofitsVela Youth Fund Inc

International, Foreign Affairs & National Security

Vela Youth Fund Inc

PALM DESERT, CA

Total revenue

$49K

Total expenses

$67K

Net assets

$79K

Grants received

$89K

4 grants

EIN

384007720

Tax year

2024

Mission

VELA Youth Fund's primary exempt purpose is to assist in the Spiritual, Cultural, Social and Academic Development of Black Youth. We do not have a "hands on" program. We partner with organizations who work with children by providing financial, research, curriculum, and other development resources. We advocate for black and brown children in Africa, the Caribbean, and the United States of America. We assist in youth development via the preparation and maintenance of our patented "Black Youth Development Program or BYD" curriculum. We intially placed it on the Canvas LMS and now on a system of PDF files, to be accessed Free of Charge by user organizations working to help Black and Brown Youth.

Financials

FY 2024

Revenue

Contributions & grants$48K
Program service revenue
Investment income
Other revenue
Total revenue$49K

Expenses

Grants paid$60K
Salaries & benefits
Fundraising
Other expenses
Total expenses$67K
Total assets$79K
Net assets$79K

People

8 listed

NameRoleCompensation

Earl Mitchell

Chairman and Treasurer

Board

20 hrs/wk

Sandra Mitchell

President and Secretary

Board

20 hrs/wk

Joan White

VP Donor Partnerships

Board

10 hrs/wk

Eleanor Mitchell

VP International Partnerships

Board

10 hrs/wk

Candacie Riggins

VP Research and Statistics

Board

10 hrs/wk

Earl Dixon

VP Faith Based Partnerships

Board

10 hrs/wk

Anthony Mitchell

VP Technology and Webmaster

Board

10 hrs/wk

Emily Linbeck

VP Entertainment/Fund Raising

Board

10 hrs/wk

Grants received

Showing 4 of 4

FromAmountPurposeYear
$40K
BLACK AND BROWN YOUTH DEVELOPMENT PROGRAM
2022
$29K
BLACK YOUTH DEVELOPMENT PROGRAM
2020
$10K
COMMUNITY SUPPORT
2020
$10K
COMMUNITY SERVICE PROGRAMS
2020

Funded by

$89K from 3 funders · 4 grants · 2020–2022

Anderson Childrens Foundation

$69K · 2 grants · 2020–2022

Employees Community Fund

$10K · 1 grant · 2020

Employees Community Fund Of Boeing

$10K · 1 grant · 2020

Details

EIN384007720
NTEE codeQ20
Subsection03
Ruling date2016-10
VELA YOUTH FUND INC — Mission, Financials & Grants Received | Grantivo