NonprofitsYouth Business Initiative

Youth Development

Youth Business Initiative

NORWALK, CT

Total revenue

$269K

Total expenses

$279K

Net assets

$146K

Grants received

$371K

15 grants

EIN

850594373

Tax year

2024

Mission

Youth Business Initiative ("YBI") is committed to empowering underprivileged youth with workforce readiness & business development skills for community development. YBI advances its mission with workforce readiness and business development program initiatives that serve high school students interested in Economics for Youth.

Programs

2 programs

Organization runs an after-school youth advancement program committed to nurturing critical thinking and cultivating entrepreneurial skills in our participants. With a meticulously crafted curriculum, we offer enriching and holistic learning opportunities that empower young individuals to navigate the intricacies of business and entrepreneurship. Beyond imparting essential knowledge, our program focuses on fostering analytical thinking, problem-solving capabilities, and a strategic mindset, essential for success in today's competitive landscape. Digital Marketing Program.

Expenses: $88K

Our organization is dedicated to preparing youth for the workforce and helping them achieve their dreams through our impactful Youth Workforce Development Training program. With a focus on practical skill development, career readiness, and personal empowerment, we provide tailored training experiences to equip young individuals with the tools they need to succeed in today's competitive job market. We work towards our mission of empowering youth and fostering a brighter future for generations to come.

Expenses: $51K

Financials

FY 2024

Revenue

Contributions & grants$269K
Program service revenue
Investment income
Other revenue
Total revenue$269K

Expenses

Grants paid
Salaries & benefits$138K
Fundraising
Other expenses$141K
Total expenses$279K
Total assets$146K
Net assets$146K

People

9 listed

NameRoleCompensation

Dajuan Wiggins

CEO and Executive Director

Board

$70K

40 hrs/wk

Michael Crafter

Board Member

Board

0.5 hrs/wk

Anthony Wilson

Board Member

Board

0.5 hrs/wk

Darren Felder

Board Member

Board

0.5 hrs/wk

Anamilena Moreno

Board Member

Board

0.5 hrs/wk

Angelique Charon

Board Member

Board

0.5 hrs/wk

Holley Nia

Program Staff

Staff

$12K

7 hrs/wk

Reid Christian

Program Staff

Staff

$10K

5.5 hrs/wk

Brito Yenesis

Program Staff

Staff

$6K

5 hrs/wk

Grants received

Showing 15 of 15

FromAmountPurposeYear
$50K
general program support
2024
$50K
DONATION
2024
$50K
DONATION
2023
$45K
GENERAL PURPOSE
2023
$15K
General Operations
2023
$6K
TO SUPPORT YOUNG ENTREPRENEURS PROGRAM
2023
$5K
FOR GENERAL SUPPORT
2023
$250
YOUTH OUTREACH;COMMUNITY PROGRAMS
2023
$47K
DONATION
2022
$41K
FOR GENERAL SUPPORT.
2022
$21K
TO SUPPORT YOUNG ENTREPRENEURS PROGRAM
2022
$5K
GENERAL PURPOSE
2022
$30K
DONATION
2021
$5K
GENERAL PURPOSE
2021

Funded by

$371K from 8 funders · 15 grants · 2021–2024

Ritter Family Foundation

$177K · 4 grants · 2021–2024

The Perrin Family Foundation

$55K · 3 grants · 2021–2023

The Silverbird 29 Fund

$50K · 1 grant · 2024

Fairfield County's Community Foundation

$46K · 2 grants · 2022–2023

Northeast Community Innovation Corp

$27K · 2 grants · 2022–2023

Seema Boesky Charitable Trust

$250 · 1 grant · 2023

Details

EIN850594373
NTEE codeO53
Subsection03
Ruling date2020-07
Formed2020
Employees5
Volunteers10
YOUTH BUSINESS INITIATIVE — Mission, Financials & Grants Received | Grantivo