NonprofitsYouth For A Better Future

Youth Development

Youth For A Better Future

CHICAGO, IL

Total revenue

$312K

Total expenses

$312K

Net assets

Grants received

$227K

9 grants

EIN

274324993

Tax year

2024

Mission

To improve education and development of young people, who reach their full potential, to become better & responsible citizen

Programs

2 programs

YBF summer program, ran from June through July 30, Summer program included sports programs: basketball, soccer, volleyball, STEAM classes: science, math,cooking, Music production Youth Designers Club Field trips, this year Sailing in partnership with Chicago Yacht Club Foundation

Expenses: $97K

Stipends for teen participants in select programs. To build a culture of work ethic and value, help youth connect the dots between showing up, taking responsibility, and experiencing the rewards. These constructive muscles build habits that last a lifetime.

Expenses: $90K

Financials

FY 2024

Revenue

Contributions & grants$307K
Program service revenue
Investment income$3K
Other revenue$2K
Total revenue$312K

Expenses

Grants paid
Salaries & benefits$104K
Fundraising$422
Other expenses$208K
Total expenses$312K
Total assets
Net assets

People

3 listed

NameRoleCompensation

ADEM ALUKA

EXECUTIVE DIRECTOR

Board

$64K

50 hrs/wk

KODJO ALUKA

TREASURER

Board

5 hrs/wk

MICHAEL SMITH

DIRECTOR

Board

5 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$5K
CHARITABLE PURPOSE OF RECIPIENT
2024
$5K
CHARITABLE PURPOSE OF RECIPIENT
2023
$50
PROGRAM/OPERATING SUPPORT
2023
$100K
GENERAL SUPPORT
2022
$50K
FUNDS WILL BE USED TO PURCHASE A VAN TO TRANSPORT STUDENTS TO AFTER SCHOOL PROGRAMS AND ACTIVITIES
2022
$32K
Charitable contributions
2022
$8K
COMMUNITY AFFILIATES NETWORK
2022
$25K
CHARITABLE PURPOSE OF RECIPIENT - EXHIBITION
2021
$2K
UNRESTRICTED
2020

Funded by

$227K from 7 funders · 9 grants · 2020–2024

Fulk Family Foundation Inc

$150K · 2 grants · 2022

Herrendorf Family Foundation Inc

$32K · 1 grant · 2022

Ruttenberg Arts Foundation

$25K · 1 grant · 2021

The Ruttenbergkagan Foundation

$10K · 2 grants · 2023–2024

Woodson Center

$8K · 1 grant · 2022

Thing 123 Foundation

$2K · 1 grant · 2020

Details

EIN274324993
NTEE codeO99
Subsection03
Ruling date2022-05
Formed2010
Employees6
Volunteers10
YOUTH FOR A BETTER FUTURE — Mission, Financials & Grants Received | Grantivo