NonprofitsYmic Foundation Inc

Human Services

Ymic Foundation Inc

WEST CHESTER, PA

Total revenue

$1.3M

Total expenses

$1.4M

Net assets

$936K

Grants received

$794K

25 grants

EIN

260202360

Tax year

2024

Mission

To provide programs for young african american and latino students from kindergarten to age 16 to develop their academic skills and to provide exposure to the fields of science, technology, engineering, math (stem), art, music, and entrepreneurship so that they may have the opportunity to pursue careers in those fields.

Financials

FY 2024

Revenue

Contributions & grants$1.2M
Program service revenue$72K
Investment income$2K
Other revenue$15K
Total revenue$1.3M

Expenses

Grants paid$60K
Salaries & benefits$801K
Fundraising$20K
Other expenses$567K
Total expenses$1.4M
Total assets$1.0M
Net assets$936K

People

9 listed

NameRoleCompensation

RICHARD ROBERTS III

EXECUTIVE DIRECTOR

Board

$130K

40 hrs/wk

COURTNEY ALLEN

VICE CHAIR

Board

2 hrs/wk

SHARETTA SLOANES

DIRECTOR

Board

1 hrs/wk

MARIA ZENGEL

DIRECTOR

Board

1 hrs/wk

VINOD RAGHAVAN

DIRECTOR

Board

1 hrs/wk

SUE SUGANTHI CPA

DIRECTOR

Board

1 hrs/wk

VINCENT ROSS

DIRECTOR

Board

1 hrs/wk

GRAIG PARKINSON

SECRETARY

Board

1 hrs/wk

GILBERT DAVIS

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 25 of 25

FromAmountPurposeYear
$50K
GENERAL OPERATING SUPPORT
2024
$45K
YMWIC Scholarship fund
2023
$25K
LEADERSHIP DEVELOPMENT PROGRAM
2023
$20K
YMYWIC Career Readiness
2023
$18K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$10K
General support
2023
$8K
Education & Library
2023
$60K
REMOVING BARRIERS TO CAREER AND COLLEGE READINESS
2022
$25K
FFC-YOUTH DEVELOPMENT
2022
$40K
to assist with purchase of 15 passenger van
2021
$40K
GENERAL SUPPORT
2021
$20K
SUPPORT FOR DELAWARE COUNTY CHAPTERS
2021
$10K
General Support
2021
$10K
General Support
2021
$20K
GENERAL SUPPORT
2018

Funded by

$794K from 12 funders · 25 grants · 2018–2024

American Online Giving Foundation Inc

$322K · 6 grants · 2019–2024

Justamere Foundation

$105K · 3 grants · 2021–2023

The Philadelphia Foundation

$100K · 3 grants · 2022–2024

Foundation For Delaware County

$80K · 2 grants · 2021–2022

Chester County Community Foundation

$50K · 2 grants · 2020–2023

The Alliance For Health Equity

$40K · 1 grant · 2021

The Cleveland-Cliffs Foundation

$30K · 3 grants · 2021–2023

Details

EIN260202360
NTEE codeP20
Subsection03
Ruling date2010-04
Formed2007
Employees56
Volunteers75
YMIC FOUNDATION INC — Mission, Financials & Grants Received | Grantivo