Urban Youth Impact

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 11/23/2021. To update the information in this column, please email: info@ministrywatch.com


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: info@urbanyouthimpact.com


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: 06/30

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

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating973 of 99970 of 73
Fund acquisition rating805 of 100159 of 73
Resource allocation rating900 of 100163 of 73
Asset utilization rating942 of 99966 of 73

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%14%12%10%1%1%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%12%11%9%1%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
79%82%89%90%89%84%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%14%13%13%1%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
21%18%11%10%11%16%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
81%67%74%76%94%94%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%85%82%68%86%91%
Program output ratio Program output ratio =
Program services /
Total revenue
75%57%61%52%81%85%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%15%18%32%14%9%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
7%6%8%17%7%4%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%20%13%11%6%6%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.850.360.330.330.430.40
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.036.626.379.596.067.37
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.882.352.133.162.582.95
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.5334.305726.263.7019.289.00
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.090.030.000.270.050.11
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.344.955.632.774.413.61
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
13%1%8%7%2%4%
Debt ratio Debt ratio =
Debt /
Total assets
3%0%7%5%1%2%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
87%279%276%281%230%240%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$884,186$1,117,175$681,363$833,063$602,805
Receivables, inventories, prepaids$200,000$16,625$9,992$27,480$67,579
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,084,186$1,133,800$691,355$860,543$670,384
Long-term investments$0$0$0$0$0
Fixed assets$6,088,691$6,084,458$5,937,681$4,352,062$4,264,847
Other long-term assets$2,252$2,368$2,368$2,368$4,868
Total long-term assets$6,090,943$6,086,826$5,940,049$4,354,430$4,269,715
Total assets$7,175,129$7,220,626$6,631,404$5,214,973$4,940,099
 
Liabilities20192018201720162015
Payables and accrued expenses$31,610$198$186,846$44,633$74,493
Other current liabilities$0$0$0$0$0
Total current liabilities$31,610$198$186,846$44,633$74,493
Debt$0$485,305$303,707$60,286$111,637
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$33,443$58,692$0$0$0
Total long-term liabilities$33,443$543,997$303,707$60,286$111,637
Total liabilities$65,053$544,195$490,553$104,919$186,130
 
Net assets20192018201720162015
Without donor restrictions$6,277,274$5,713,016$5,529,382$4,714,690$4,606,908
With donor restrictions$832,802$963,415$611,469$395,364$147,061
Net assets$7,110,076$6,676,431$6,140,851$5,110,054$4,753,969
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$2,442,543$2,619,523$2,884,663$2,298,091$1,827,642
Program service revenue$0$0$0$62,000$94,004
Membership dues$0$0$0$0$0
Investment income$687$489$999$467$324
Other revenue$542,462$336,172$332,554$213,496$256,054
Total other revenue$543,149$336,661$333,553$275,963$350,382
Total revenue$2,985,692$2,956,184$3,218,216$2,574,054$2,178,024
 
Expenses20192018201720162015
Program services$1,700,387$1,794,974$1,670,261$2,075,449$1,858,054
Management and general$503,520$306,685$241,401$126,443$110,522
Fundraising$348,140$315,142$275,757$16,077$11,885
Total expenses$2,552,047$2,416,801$2,187,419$2,217,969$1,980,461
 
Change in net assets20192018201720162015
Surplus (deficit)$433,645$539,383$1,030,797$356,085$197,563
Other changes in net assets$0$0$0$0$0
Total change in net assets$433,645$539,383$1,030,797$356,085$197,563

Compensation

NameTitleCompensation
William T HobbsFounder$180,706
Christopher TressPresident$38,574

Compensation data as of: 6/30/2019


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 11/23/2021. To update the information below, please email: info@ministrywatch.com


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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