Foundation for Youth Inc
Donations deductibleRevenue
$646k
year to 31 December 2024
Expenses
$872k
year to 31 December 2024
Total assets
$21.8m
$18.2m liabilities
Net assets
$3.7m
assets less liabilities
Directors and trustees
6
8.4y av
Staff
0
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Voting members
6
reported in Part VI
Foundation for Youth Inc's network
6 people7 organisationsi6 people and 7 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (6). Violet dotted lines (8) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
6 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 6 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Daniel Hermann | Director | 2018 | 8 yrs |
| Joe Meyer | Treasurer | 2018 | 8 yrs |
| John C Halverson | President | 2018 | 8 yrs |
| Joseph T Theby III | Director | 2018 | 8 yrs |
| Marc D Fine | Company secretary | 2018 | 8 yrs |
| Ron Ryan | Ex-Officio Non-Voting Bd M | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| John C Halverson | President | 0.5 | $0 | ||
| Marc D Fine | Secretary | 0.5 | $0 | ||
| Joe Meyer | Treasurer | 0.5 | $0 | ||
| Joseph T Theby III | Director | 0.5 | $0 | ||
| Ron Ryan | Ex-Officio Non-Voting Bd M | 0.5 | $0 | $213k | $21k |
| Daniel Hermann | Director | 0.5 | $0 |
About
- Legal name
- Foundation for Youth Inc
- EIN
- 351978688
- Address
- Po Box 6311, Evansville, IN, 47719-0311
- State
- Indiana
- Mission
- Receive, administer & distribute funds for educational, scientific & charitable purposes for the welfare of the public. (as filed on the Form 990)
- Activity (NTEE)
- O23I Youth development
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Youth Development
- Size band
- 8 (IRS master file code)
- Formed
- 1995
- Principal officer
- John Halverson (as named on the Form 990)
- IRS ruling date
- 1 May 1996
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
- IRS Publication 78
- SOUNK (contributions deductible)
Most connected
Related organisations (Schedule R)
Longest observed on the filings
≥8years on the filingsDaniel Hermann
≥8years on the filingsJoe Meyer
≥8years on the filingsJohn C Halverson
≥8years on the filingsJoseph T Theby III
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $21.8m
- Total liabilities
- $18.2m
- Net assets or fund balances
- $3.7m
- Contributions and grants received
- $1k
- Program service revenue
- $0
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $646k | $872k | Deficit $225k |
As filed on the IRS Form 990. US dollars.