youth, i.n.c. 2012 annual report
DESCRIPTION
Youth, I.N.C. 2012 Annual ReportTRANSCRIPT
VISION
STRATEGY
INVESTMENT
SCALING IMPACT2012 ANNUAL REPORT
SCALING IMPACT
TABLE OF CONTENTS:
1 Message from Executive Leadership 2 3 4 6 7 Harvard Business School Evaluation 8 9 Events 10 Financials 11 12 Investors
Youth, I.N.C. harnesses the energy and talent of New York’s brightest minds in business to help the city’s
most promising grassroots organizations deliver opportunities
for children. Our venture philanthropy model empowers, develops, and educates nonprofit organizations
serving young people.
600,000 New York City
youth impacted
$45 million raised since 1995
$1.4 million invested in
capacity-building grants
149 corporate
professionals placed as
nonprofit board members
100 nonprofits
strengthened
$14.6 million raised by partner
nonprofits
Jonathan G. Weiss Richard P. Schifter Stephen K. Orr
Youth, I.N.C. invests in the most enterprising
plans to expand programs over the course of the next
Beginning in 2011, Youth, I.N.C. turned the lens
I.N.C. enlisted the help of Harvard Business School
offerings including the Board Advancement and Bridge
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Message from Executive Leadership
Richard P. Schifter Jonathan G. Weiss Co-Chairman Co-Chairman
Stephen K. Orr Founder & Executive Director Youth, I.N.C.
Celebration
developing and implementing a successful fundraising campaign, culminating in , a
Youth, I.N.C.
BridgeFund Investing in Grassroots Nonprofits
Board Advancement
Get on Board
IMPACT $14.6
$626,475
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IMPACT $1.4
return on investment*
20%
5 investments in 2012 ranging
IMPACT 149
70% remain active placements
20%
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FUNDRAISING TRAINING
DIRECT INVESTING
NONPROFIT GOVERNANCE
2
Scaling Impact Nonprofit Programs
The new Youth, I.N.C. continuum reaches a broader segment of our target market while deepening our relationship with a select number of organizations.
Youth, I.N.C. projects that the number of nonprofits in its Partner Network will more than double by 2015, increasing from 43 active partners to 91 partners. As a result of this anticipated growth, Youth, I.N.C. will significantly scale its impact on New York City children.
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A Vision for the Future The Strategic Plan
UNIVERSE
SEED
GROWTH
PORTFOLIO PARTNER
for scaling impact
Wray Thorn and Evan Wildstein, members of Youth, I.N.C.'s Strategic Planning Committee of the Board
Partner Impact Hour Children
Founded: 1992
Model:
their families
Budget (2011):
Joined Youth, I.N.C. Partner Network: 2008
Mission:
secure lives
Impact:
Strategic Plan:
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Since joining Youth, I.N.C.’s Partner Network in 2008, Hour Children has increased its annual revenue by nearly twenty percent. This additional funding has allowed Hour Children to serve almost twice as many kids through their programs.
MEASURING SUCCESS
60 families on 5 sites receive
Community Integration9,000
after incarceration
Reduced Recidivism 3% of program participants
29%
Youth, I.N.C. Program Partnership Outcome
Celebration $256,389 raised in unrestricted funding
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$141,000
Board Advancement
BridgeFund
Founded: 2001
Model:
professional role model to guide them
graduation
Budget (2011):
Joined Youth, I.N.C. Partner Network: 2002
Mission:
student to graduate high school, avoid
parenthood until adulthood
Impact:
Strategic Plan:
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Partner Impact Friends of the Children NY
Since joining Youth, I.N.C.’s Partner Network in 2002, Friends of Children NY has more than doubled their annual revenue from contributions and grants. This additional funding has allowed the organization to nearly quadruple the number of children in its intensive program.
MEASURING SUCCESS
High School Graduation100% graduation rate among Friends of the Children NY high school students
Reducing Incarceration89% incarceration rates among target population
Fewer Teen Parents83%
Youth, I.N.C. Program Partnership Outcome
Celebration $486,165 raised in unrestricted funding
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$135,766
Board Advancement
BridgeFund
2012 Nonprofit Partner Network
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ARTS
ENACT
FAMILY & COMMUNITY
CAMBA
Hour Children
Imani House
The Joe Torre Safe At Home Foundation
You Gotta Believe
EDUCATION
Minds Matter of NYC, Inc.
MENTORING Friends of the Children NY
iMentor
The Youth, I.N.C. Partner Network fosters communication, builds partnerships, and provides support to nonprofits that are participating, or have participated, in Youth, I.N.C.’s programs.
LIFE SKILLS & LEADERSHIPCampInteractive
Futures and Options
GallopNYC
Harvard Business School Evaluation
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In 2012, Youth, I.N.C. enlisted the help of Harvard Business School to evaluate our program metrics and measurement
CATEGORIZATION OF KEY PERFORMANCE INDICATORS
Amount of incremental revenue:
Board Advancement
Revenue Increase
Board Placement
Costs
Celebration
Revenue Increase
Board Placement
Costs
Youth Served
BridgeFund
ROI
Cash Grants
Costs
Youth Served
National Advisory Board member, John Whitehead Top right: Board members, Evan Wildstein and John Waldron
ALVAREZ & MARSAL BARCLAYS CAPITAL BLOOMBERG CANACCORD GENUITY
COLGATE-PALMOLIVE COMPANY DELOITTE FTI CONSULTING KIRKLAND AND ELLIS LLP
MARSH AND MCLENNAN COMPANIES, INC. MORGAN STANLEY RR DONNELLEY
Corporate Philanthropy Partners
Youth, I.N.C. builds vital connections between corporate partners and New York City’s most promising nonprofits. Our corporate philanthropy partnerships allow corporate employees to invest in the work of Youth, I.N.C.’s nonprofit partners to build strong, e!ective, and scalable nonprofits. Youth, I.N.C. creates opportunities for corporate employees to develop their leadership skills and expand networks beyond the workplace – all while giving back to their communities in meaningful ways.
Bloomberg
st
PARTNER HIGLIGHT
PARTNER HIGLIGHT
Morgan Stanley
services valued at $122,000
Youth participant speaks at Annual Innovators Breakfast hosted by Bloomberg
Board member and Morgan Stanley employee, Kathleen McCabe, leads panel
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Events
CELEBRATION
CONFERENCE
CONFERENCE
2010
$3,975,424
$2,003,934 $610,091 $617,321 $3,231,347
$454,924
$521,031
$4,207,302
($231,878)
23.20%
2010
31-Dec-10 $2,441,328
$2,781,085
$135,793
$2,645,292 $2,467,161 $178,131
REVENUE
EXPENSES Program Services:
Grants Total Program Services
General & Administrative
Fundraising
TOTAL EXPENDITURES
ORGANIZATIONAL OVERHEAD
ASSETS
TOTAL ASSETS
LIABILITIES
TOTAL LIABILITIES
NET ASSETS Unrestricted
2011
$5,438,674
$613,233
$3,525,230
$472,137
$617,338
$4,614,755
$823,919
23.61%
2011
31-Dec-11 $2,468,930
$3,687,184
$217,973
$217,973
$3,469,211
$1,071,620
2012
31-Dec-12 $2,182,744 $1,466,883
$3,649,627
$214,873
$214,873
$3,434,754
$1,069,043
2012
$4,685,773
$3,548,074
$489,338
$685,918
$4,723,330
($37,557)
24.88%
FinancialsStatement of Financial Activities
Statement of Financial Position
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Young Professionals Committee The Next Generation of Changemakers
Youth, I.N.C.’s Young Professionals Committee (YPC) is a network of young leaders on track to become the next generation of nonprofit board members. The YPC supports Youth, I.N.C. and its partner nonprofits through various activities while gaining valuable experience.
Zach Abrams
Michele Ahluwalia
Gordon Auduong
Zach Bahor
Greer Beauregard
Randy Bennett+* Mercer
Brock Bell
Lindsey Bell
Samantha Buck
Zachary Canter
Mary Catherine Carroll+*
Ryan Chominski
Lorne Creighton
Allison Dender+
Kristy DeRosa
Melissa Dolan
Vlada Feldman
Dodie Gildart+
Cheryl Gordon
Chris Greco
Jenna Gregory
Jonathan Gurss
Anish Hariharan
Katie Harris
Amy Hertenstein+*
Linda Huang
Huanne Hughes
John Hughes
Leticia John
Robin Kooyman
Finance
Allison Leader
Kristen Lewko*
Madison Linville
Mark Longenecker
Jack Miner+
Garth Mitchell
Casey Orr
CJ Orr
Steve Orr
Allison Paley
Susan E. Park
Anastasia Pronin
Allison Puca+*
Musa Rashad
Mike Reich
Talal Rojas
Rohan Sen
Poonam Shah*
Christopher Snyder
Jessica Soule
Rose Stella
James Stewart
Kelly Tachdjian
Paul Teske*
Kate Thomas*
Christopher Tortoriello
Mike Trapanese
Emily White
Nicole Wright
Huai-Ming Xu
Lynn Yap s
+
*
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Objectives:
SUPPORT
ENGAGE
PREPARE
placement process
2012 Activities and Highlights:
VOLUNTEERING
Futures and Options, Hour Children, and Minds Matter
and Options
FUNDRAISING rd Annual Chips for Change event,
NONPROFIT BOARD SERVICE
Futures and Options
placement process and are in the pipeline for placement in 2013
YOUNG PROFESSIONALS COMMITTEE MEMBERS
LEAD INVESTORS
BTIG, LLC
Goldman Sachs Gives,
Steve StuartJohn Thomson
The 100 Mile Man Foundation3i CorporationAccenture
American International Group, Inc.
Aon Foundation
Ares Capital CorporationArupASC Advisors
Adam Berger
Joseph Bianco
James Broner
Todd Builione
Christopher Burns
Thomas Canning
Susannah Carrier
John Church
Russell ClingmanCME GroupCNA Financial
Elliot Cooperstone
Credit Suisse
The Economist
Environ International Corporation
Sam Farnham
John Marshall Ferguson
John and Stephanie Connaughton
Alexander Fine
Eric FornellJonathan FosterGeorge and Frances Foussianes
Richard Fox
FTI Consulting
GE Capital Corporation
Gerson Lehrman Group, Inc.
GFT, LLC
Glocap Search
Goldman Sachs Gives,
FX and Natasha de Mallmann
Investors
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Richard GrossGrant Haggard
Todd Hamilton
Hearst CorporationStratton R. Heath III
John Herrmann, Jr.
Irene Hong
John Hudson, Jr.Huanne HughesJohn Hughes
Institutional Investor, Inc.
Joshua R. SlocumJohn Jinishian
Thomas and Monica LafondReginald Lang, IIJoan LasdenJohn Laughlin
John Leclaire and Ruth HodgesGeoff and Steff Levin
Little Laptop Shop
Macquarie Group
Brian MaierMichael Marsal
Emmett McCann
Alan MitchellGarth Mitchell
Christopher MorrisStephen Moss
OMX
Greg Nelson
Nomura Securities International, Inc.
Omgeo LLCStephan OppenheimerChristopher J. Orr
Stephen Orr, Jr.
Ali Rashid
Rothschild Inc.
Sandler Capital Management
Carol Schafer and Thomas Yates
Richard Schnall
James Sigman
John R. SoriceJane C. Spencer
Thomson Reuters
Valuation Research CorporationBrian Van Elslander
John Zografos
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Youth, I.N.C. 600 Lexington Avenue 12th Floor New York, NY 10022 (212) 401-4056 www.youthinc-usa.org
Ronald W. Burkle The Yucaipa Companies
James E. Duffy Former President ABC Television Network
William C. Freda Deloitte LLP
Richard J. Hendrix FBR Capital Markets Corporation
Henry R. Kravis Kohlberg Kravis Roberts & Co.
Marc Lasry Avenue Capital Group
Thomas H. Lee Thomas H. Lee Capital, LLC
Stephen M. Lessing Barclays Capital
Bryan P. Marsal Alvarez & Marsal
Alexander Navab Kohlberg Kravis Roberts & Co.
Win Neuger
Edward Reilly FTI Consulting
Bruce Richards Marathon Asset Management, L.P.
Alan D. Schwartz Guggenheim Partners, LLC
Stephen A. Schwarzman The Blackstone Group
David M. Solomon Goldman, Sachs & Co.
Paul J. Taubman
Ted Virtue MidOcean Partners
George H. Walker Neuberger Berman
John C. Whitehead
Edward M. Yorke Lazard
NATIONAL ADVISORY BOARD
Officers
Richard P. Schifter, Co-Chairman TPG Capital, LP
Jonathan G. Weiss, Co-Chairman Wells Fargo Securities, LLC
Wray T. Thorn, Co-President Two Sigma Investments, LLC
John E. Waldron, Co-President Goldman, Sachs & Co.
Ronald E. Blaylock, Vice President GenNx360 Capital Partners
Josh Connor, Vice President Barclays Capital
Evan Wildstein, Vice President Kohlberg & Company, LLC
Geoffrey W. Levin, Secretary Cadwalader, Wickersham & Taft LLP
Dean Stumvoll, Treasurer Deloitte & Touche, LLP
Directors
Paul Aversano Alvarez & Marsal
Anthony M. Civale Apollo Management, L.P
Sanford A. Cockrell III Deloitte Tax LLP
Daniel Daviau Canaccord Genuity
Sarah Dunn Coach, Inc.
Charles G. Galligan Canaccord Genuity
Robert Houck (Non-Voting) Friends of the Children NY
Jack Huston Colgate-Palmolive Company
Douglas M. Kaden Oak Hill Capital Partners
Nicolas B. Koechlin RR Donnelley
Kathleen McCabe Morgan Stanley
Emmett McCann Highstar Capital
Robert McCooey NASDAQ OMX
Sundip Murthy Snow Phipps
Chymeka Olfonse (Non-Voting) Minds Matter
Stephan Oppenheimer Pontalba Capital
Stephen K. Orr Youth, I.N.C.
Dhananjay M. Pai P. Schoenfeld Asset Management LP
Rachel Rosenblatt FTI Consulting
Joseph M. Scharfenberger, Jr. CCMP Capital LLC
George P. Stamas Kirkland & Ellis LLP
Steven Stuart Garrison Investment Group LP
John L. Thomson Thomson Equity Partners, LLC
Karen Beldy Torborg Marsh & McLennan Companies, Inc.
Timothy Vincent First Reserve Corporation
Lawrence R. Walsh Hawthorn Group
Harry J. Wilson MAEVA Group
Larry E. Zimmerman Piper Jaffray & Co.
BOARD OF DIRECTORS
David Bensinger The Little Laptop Shop
Robert L. Berner III RLB3 Capital LLC
Daniel W. Blood FBR Capital Markets Corporation
Jeffrey Blumin RBS Citizens
James Clayton GE Commercial Finance
Thomas G. Connolly Goldman, Sachs & Co.
Joseph F. Coughlin Corporate Risk Solutions, LLC
Robert T. Discolo PineBridge Investments
David J. Flannery BANA
George B. Foussianes J.P. Morgan Securities Inc.
Reed A. Miller Hanover Real Estate Partners
Richard J. Schnall Clayton, Dubilier & Rice, Inc.
Joseph P. Watkins MSNBC Political Analyst
SUSTAINING BOARD