EIN 82-4313926

Carolina Youth Coalition

IRS 501(c) type
501(c)(3)
Num. employees
16
Year formed
2018
Most recent tax filings
2023-06-01
Description
Carolina Youth Coalition prepares high-performing, under-resourced students for college success through its mission to excel and graduate from college. Its flagship Torch fellows program pairs fellows with mentors and offers comprehensive college-preparatory resources. Graduates transition to the College fellows program, ensuring successful persistence through college with additional services.
Total revenues
$1,839,544
2023
Total expenses
$1,340,038
2023
Total assets
$4,261,726
2023
Num. employees
16
2023

Program areas at Carolina Youth Coalition

Torch fellows program:our flagship program pairs high-achieving, under-resourced high school students called "fellows," with mentors and a comprehensive set of college-preparatory resources through a high-touch out-of-school time program that includes personalized college application guidance, act prep, writing coaching, college tours, career exploration, leadership development, and a tight-knit community of like-minded peers. Our goal is to ensure each fellow is prepared to identify, gain entrance to, and successfully matriculate through a best-fit college with as little debt as possible. The program is provided at no cost to fellows.209 fellows in grades 9-12 were enrolled in the torch fellows program for the 2022-2023 school year, a 29% annual increase. 85% were first-generation college students and 89% were pell-eligible.results:- 516 hours of tutoring provided- 903 hours of mentoring- 3.2 average act score growth- 100% accepted to 4-year universities-$13.9m in scholarships and grants earned, $6.9m in scholarships and grants redeemed- 88% of seniors attending college debt-free
College fellows program:graduates of cyc's torch fellows program transition to becoming college fellows and are enrolled in the college persistence program to ensure they successfully transition to and persist through college. Services include individualized college matriculation support during freshman and sophomore year, connection to internship and job opportunities, career coaching and mentoring, and emergency financial assistance. Our goal is to ensure fellows graduate from college with strong career and postgraduate prospects and are actively engaged in making a change in their communities. The program is provided at no cost to fellows.114 college fellows were enrolled in the program for the 2022-2023 school year.results:- 95% freshmen retention rate- 100% sophomore retention rate- 97% of college fellows remained enrolled or have completed a degree program since 2018.

Who funds Carolina Youth Coalition

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Albemarle FoundationProgram Assistance$400,000
C D Spangler FoundationTo Assist in Educational Opportunities$350,000
National Basketball Association FoundationIn Support of Programs Enhancing Economic Empowerment in Black Communities.$300,000
...and 22 more grants received totalling $1,680,481

Personnel at Carolina Youth Coalition

NameTitleCompensation
Aaron RandolphExecutive Director$107,462
Lashonda FuselierTreasurer$0
Dany NisbetVice Chair / Board Member$0
Kathryn KissamBoard President / President and Chair$0
Kelly AdamczykSecretary / Board Member$0
...and 2 more key personnel

Financials for Carolina Youth Coalition

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,824,167
Program services$0
Investment income and dividends$30,938
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$21,099
Net income from fundraising events$-53,590
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$16,930
Total revenues$1,839,544

Form 990s for Carolina Youth Coalition

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-13990View PDF
2022-062023-05-11990View PDF
2021-062022-07-11990View PDF
2020-062021-05-26990View PDF
2019-062020-08-14990View PDF
Data update history
August 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 9, 2024
Updated personnel
Identified 1 new personnel
July 17, 2024
Received grants
Identified 6 new grant, including a grant for $350,000 from C D Spangler Foundation
May 19, 2024
Received grants
Identified 7 new grant, including a grant for $1,310,000 from Foundation for the Carolinas
December 25, 2023
Received grants
Identified 19 new grant, including a grant for $400,000 from Albemarle Foundation
Nonprofit Types
SchoolsEducational service providersCharities
Issues
Education
Characteristics
Fundraising eventsState / local levelReceives government fundingFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
6035 Florence Ave 200
Charlotte, NC 28212
Metro area
Charlotte-Concord-Gastonia, NC-SC
County
Mecklenburg County, NC
Website URL
carolinayouth.org/ 
Phone
(980) 215-0414
IRS details
EIN
82-4313926
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B01: Education Alliances and Advocacy
NAICS code, primary
611710: Educational Support Services
Parent/child status
Independent
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