Urban Youth Impact

The information on this page was last updated 9/14/2022. If you see errors or omissions, please email: [email protected]


Summary

Urban Youth Impact is on a mission to love, equip, and empower inner-city youth to fulfill their God-given purpose. With your help, we are able to provide a continuum of services in literacy, leadership, and the Lord to inner-city youth in our local community.


Contact information

Mailing address:
Urban Youth Impact
2823 N Australian Ave
West Palm Beach, FL 33407

Website: urbanyouthimpact.com

Phone: 561-832-9220

Email: [email protected]


Organization details

EIN: 911901103

CEO/President: Chris Tress

Chairman: Brian McPherson / Rob Morris

Board size: 8

Founder: Bill Hobbs

Ruling year: 1998

Tax deductible: Yes

Fiscal year end: 08/31

Member of ECFA: Yes

Member of ECFA since: 2009


Purpose

Founded in 1997, Urban Youth Impact is the only faith-based organization serving the most at-risk inner-city youth in Palm Beach County, primarily through an award-winning after-school program. They are loved through trusting relationships, equipped with academics to succeed in school, empowered with leadership skills to begin successful careers, their potential is expanded by discovering artistic and creative talents, and they are guided to discover their purpose in life.

Each week more than 300 inner-city youth are loved, equipped and empowered by this ministry and its funding partners through award-winning signature programs The Leadership Academy (TLA),

Reframe and CREATE.

The primary focus is in neighborhoods identified by Children's Services Council as areas with the most at-risk children based on indicators such as poverty levels, school readiness, graduation rates, teen birth rates, percent of children on free/reduced lunch and the evidence of fatherlessness. Areas include West Palm Beach's Tamarind Avenue corridor and sections of Riviera Beach.


Mission statement

We exist to love, equip and empower inner-city youth to fulfill their God-given purpose.


Statement of faith

Donor confidence score

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Transparency grade

A

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Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating608 of 103342 of 79
Fund acquisition rating643 of 103545 of 79
Resource allocation rating109 of 103513 of 79
Asset utilization rating967 of 103371 of 79

Financial ratios

Funding ratiosSector median20212019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%8%14%12%10%1%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%7%12%11%9%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
79%92%82%89%90%89%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%8%14%13%13%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
21%8%18%11%10%11%
 
Operating ratiosSector median20212019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%87%67%74%76%94%
Spending ratio Spending ratio =
Total expenses /
Total revenue
89%97%85%82%68%86%
Program output ratio Program output ratio =
Program services /
Total revenue
69%85%57%61%52%81%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
11%3%15%18%32%14%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
14%1%6%8%17%7%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%5%20%13%11%6%
 
Investing ratiosSector median20212019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.800.420.360.330.330.43
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.137.556.626.379.596.06
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.693.142.352.133.162.58
 
Liquidity ratiosSector median20212019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.9412.2034.305726.263.7019.28
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.080.030.000.270.05
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.253.504.955.632.774.41
 
Solvency ratiosSector median20212019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%6%1%8%7%2%
Debt ratio Debt ratio =
Debt /
Total assets
2%2%0%7%5%1%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
102%225%279%276%281%230%

Financials

Balance sheet
 
Assets20212019201820172016
Cash$769,812$884,186$1,117,175$681,363$833,063
Receivables, inventories, prepaids$263,506$200,000$16,625$9,992$27,480
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,033,318$1,084,186$1,133,800$691,355$860,543
Long-term investments$0$0$0$0$0
Fixed assets$6,769,893$6,088,691$6,084,458$5,937,681$4,352,062
Other long-term assets$0$2,252$2,368$2,368$2,368
Total long-term assets$6,769,893$6,090,943$6,086,826$5,940,049$4,354,430
Total assets$7,803,211$7,175,129$7,220,626$6,631,404$5,214,973
 
Liabilities20212019201820172016
Payables and accrued expenses$84,675$31,610$198$186,846$44,633
Other current liabilities$0$0$0$0$0
Total current liabilities$84,675$31,610$198$186,846$44,633
Debt$150,000$0$485,305$303,707$60,286
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$270,587$33,443$58,692$0$0
Total long-term liabilities$420,587$33,443$543,997$303,707$60,286
Total liabilities$505,262$65,053$544,195$490,553$104,919
 
Net assets20212019201820172016
Without donor restrictions$6,480,681$6,277,274$5,713,016$5,529,382$4,714,690
With donor restrictions$817,268$832,802$963,415$611,469$395,364
Net assets$7,297,949$7,110,076$6,676,431$6,140,851$5,110,054
 
Revenues and expenses
 
Revenue20212019201820172016
Total contributions$3,082,296$2,442,543$2,619,523$2,884,663$2,298,091
Program service revenue$0$0$0$0$62,000
Membership dues$0$0$0$0$0
Investment income$3,599$687$489$999$467
Other revenue$259,006$542,462$336,172$332,554$213,496
Total other revenue$262,605$543,149$336,661$333,553$275,963
Total revenue$3,344,901$2,985,692$2,956,184$3,218,216$2,574,054
 
Expenses20212019201820172016
Program services$2,834,107$1,700,387$1,794,974$1,670,261$2,075,449
Management and general$165,367$503,520$306,685$241,401$126,443
Fundraising$249,850$348,140$315,142$275,757$16,077
Total expenses$3,249,324$2,552,047$2,416,801$2,187,419$2,217,969
 
Change in net assets20212019201820172016
Surplus (deficit)$95,577$433,645$539,383$1,030,797$356,085
Other changes in net assets$0$0$0$0$0
Total change in net assets$95,577$433,645$539,383$1,030,797$356,085

Compensation

NameTitleCompensation
William T HobbsFounder$186,601
Christopher TressPresident$65,110

Compensation data as of: 8/31/2021


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 9/14/2022. To update the information below, please email: [email protected]


History

Knowing God was calling him to minister to inner-city youth, Founder Bill Hobbs left his professional golf career in 1988, which included working for Jack Nicklaus, to work with at-risk youth in Palm Beach County. In 1997, he and his wife, Kerry, took another leap of faith by starting Urban Youth Impact.

It all began with Bill simply loading up his old station wagon with food and sports equipment, finding an empty lot in the inner-city of West Palm Beach, and inviting neighborhood boys to play ball. Overtime Bill found himself with the same 25 boys every week who would ask each other, "I'm going 'to Bill,' are you going 'to Bill?" Pick-up games led to camping trips and home visits, and many opportunities to share God's love. Because of his consistent compassion for the community, Bill became a trusted friend and father figure to the residents of Tamarind Avenue - one of the highest crime-ridden neighborhoods in the county.

Because of Bill's heart for these kids, his vision for how to reach them, a faithful group of committed supporters and God's faithfulness, Urban Youth Impact has grown into a highly respected and trusted faith-based non-profit ministry. "Mr. Bill," as he is known to thousands of urban youth, remains committed today to help raise necessary funds to support the leadership and vision of President/CEO Chris Tress.


Program accomplishments

2019 - Nonprofits First renewed Urban Youth Impact's Excellence in Nonprofit Management accreditation for the next 2 years, one of only 25 nonprofits in Palm Beach County to receive this accreditation out of approximately 6,000 nonprofits county-wide.

2019 - A City Proclamation was awarded by West Palm Beach Mayor Muoio to Urban Youth Impact for its 22+ year commitment and dedication to the Tamarind Avenue community.

2015 - Chick-fil-A chose Urban Youth Impact as the True Inspiration Award winner.

2013 - Extraordinary Charities of Palm Beach County recognized Urban Youth Impact for its excellent work among inner-city youth.

2012 - Bank of America presented Urban Youth Impact with the Neighborhood Builders Program award.

2010 - The Town of Palm Beach United Way and the United Way of Palm Beach County declared Urban Youth Impact a member agency.

2009 - The Evangelical Council for Financial Accountability (ECFA) accredited Urban Youth Impact's ongoing status as a trusted Christian ministry.

2006 - The City of West Palm Beach and Mayor Lois Frankel honored Urban Youth Impact with the City's Best Faith-Based/Nonprofit Outreach award.

2002 - The Nonprofit Resource Institute awarded Urban Youth Impact the Crystal Palm Award for Outstanding Emerging Nonprofit Organization.


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