2025-01-14T09:16:02-06:00 2024-06-30 362996439 WSDD CPAS LTD 303 W MADISON ST SUITE 2075 CHICAGO IL 606063395 990 2023-07-01 201438278 OPTIONS FOR YOUTH OPTI 7733240075 1525 E 53RD ST 920 CHICAGO IL 60615 PATRICIA W MOSENA PRESIDENT 7733240075 2025-01-14 1 1 ROBERT REHAYEM P00075874 3123326622 2025-01-09 2023 2024-10-15 13:58:12Z PATRICIA W MOSENA 1525 E 53RD ST 920 CHICAGO IL 60615 1594834 0 X OPTIONS4YOUTH.ORG X 2004 IL OPTIONS FOR YOUTH ("OFY") ENGAGES IN THE TRAINING AND SUPPORT OF ADOLESCENT MOTHERS AND ADOLESCENT MALES. 8 8 70 0 0 0 1009047 1593339 0 0 0 0 8360 1495 1017407 1594834 0 0 0 0 697245 992877 0 0 84707 347597 341933 1044842 1334810 -27435 260024 366854 622981 221768 217871 145086 405110 TRAINING AND SUPPORT OF ADOLESCENT MOTHERS AND ADOLESCENT MALES. 0 0 1034165 TRAINING AND SUPPORT OF ADOLESCENT MOTHERS AND ADOLESCENT MALES THROUGH WEEKLY GROUP MEETINGS AND HOME VISITING SERVICES. 1034165 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 8 0 1 70 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X X PATRICIA W MOSENA 7733240075 1525 E 53RD ST SUITE 920 CHICAGO IL 60615 PATRICIA W MOSENA PRESIDENT 38.00 38.00 X X 88880 0 0 ANNETTE WASHINGTON TREASURER 2.00 2.00 X X 0 0 0 ERIN LE CHAIRMAN 2.00 2.00 X X 0 0 0 SHIRLEY A MASSEY DIRECTOR 1.00 1.00 X 0 0 0 BILL LOWRY DIRECTOR 1.00 1.00 X 0 0 0 NANNETTE ZANDER DIRECTOR 1.00 1.00 X 0 0 0 MELISSA PHIPPS DIRECTOR 1.00 1.00 X 0 0 0 DAWN LIVINGSTON DIRECTOR 1.00 1.00 X 0 0 0 88880 0 0 0 0 0 0 0 1593339 28113 1593339 OTHER INCOME 900099 1495 1495 1495 1594834 1495 0 0 88880 71337 10601 6942 832954 668551 99345 65058 1465 1143 170 152 69578 54292 8055 7231 7650 7650 4000 4000 1871 849 216 806 15504 12142 2945 417 37732 24419 11661 1652 12817 11770 1025 22 4919 846 2799 1274 3298 3298 17394 12124 4651 619 CONTRACTED SERVICES 118617 89701 28916 SUPPLIES 73954 72700 976 278 PAYROLL AND BANK SERVIC 23424 23424 TELEPHONE 11501 9649 1852 9252 4642 4354 256 1334810 1034165 215938 84707 124647 63711 120945 143200 80000 334920 387 0 40875 81150 366854 622981 43553 1395 28000 27000 110000 110000 40215 79476 221768 217871 X -47414 66777 192500 338333 145086 405110 366854 622981 260024 0 X 0 1 X 1 0 X 819077 908336 1092270 999666 1565226 5384575 819077 908336 1092270 999666 1565226 5384575 639393 4745182 104 61 165 682 512 1495 2689 5387429 0.88080 0.90430 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2020 AMOUNT: $ 608. 2021 AMOUNT: $ 512. 2023 AMOUNT: $ 1495. RECONCILIATION DISCREPENCIES - 2020 AMOUNT: $ 74. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 SECURITY DEPOSIT 1800 RIGHT OF USE ASSET 79350 81150 LEASE LIABILITIES 79476 79476 X 1594834 0 1594834 0 1594834 1334810 0 1334810 0 1334810 PART X, LINE 2: OFY HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE TO BE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) AS DESCRIBED UNDER SECTION 501(C)(3) OF THE U. S, INTERNAL REVENUE CODE AND EXEMPT FROM ILLINOIS INCOME TAX UNDER THE COMPARABLE STATE LAW. HOWEVER, OFY WOULD BE LIABLE FOR TAXES ON UNRELATED BUSINESS INCOME GENERATED FROM UNRELATED TRADE OR BUSINESS ACTIVITIES. ACCORDINGLY, NO PROVISION FOR INCOME TAX HAS BEEN ESTABLISHED, AND CONTRIBUTIONS TO OFY ARE DEDUCTIBLE WITHIN THE LIMITATIONS AS PRESCRIBED BY THE INTERNAL REVENUE CODE. OFY FILES RETURNS IN THE U.S. FEDERAL JURISDICTION AND ILLINOIS. WITH FEW EXCEPTIONS, OFY IS NOT SUBJECT TO U.S. FEDERAL, STATE AND LOCAL, OR NON-U.S. INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR FISCAL YEARS ENDED PRIOR TO JUNE 30, 2021. OFY DOES NOT EXPECT A MATERIAL NET CHANGE IN UNRECOGNIZED TAX BENEFITS IN THE NEXT TWELVE MONTHS. OFY'S POLICY IS TO DISCLOSE OR RECOGNIZE INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE, RESPECTIVELY, THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAX POSITIONS. AS OF JUNE 30, 2024, MANAGEMENT IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS THAT ARE POTENTIALLY MATERIAL. IN ADDITION, MANAGEMENT IS NOT AWARE OF ANY MATTERS THAT WOULD CAUSE OFY TO LOSE ITS TAX-EXEMPT STATUS. OFY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PATRICIA W MOSENA PRESIDENT WORKING CAPITAL X 29000 27000 0 1 1 27000 X PROGRAM SUPPLIES 0 16377 FMV X INFORMATION TECHNOLOGY 0 11736 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S PRESIDENT AND STAFF WORK CLOSELY WITH THE FORM 990 PREPARER IN ANSWERING ALL QUESTIONS ON THE FORM AS WELL AS PROVIDING ACCURATE FINANCIAL AND OTHER INFORMATION FOR INCLUSION. A DRAFT OF THE FORM IS THEN REVIEWED BY THE PRESIDENT AND TREASURER PRIOR TO FINALIZATION. ANY CHANGES THEY DETERMINE ARE REQUIRED ARE INCORPORATED INTO THE FORM PRIOR TO ISSUE. A DRAFT IS ALSO PROVIDED TO THE GOVERNING BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST FORMS ARE COMPLETED BY BOARD MEMBERS AND MANAGEMENT. IT IS THE CONTINUING RESPONSIBILITY OF BOARD, OFFICERS, AND MANAGEMENT TO SCRUTINIZE THEIR TRANSACTIONS AND OUTSIDE BUSINESS INTERESTS AND RELATIONSHIPS FOR POTENTIAL CONFLICTS AND TO IMMEDIATELY MAKE SUCH DISCLOSURES AND UPDATE DISCLOSURE FORM. BOARD MEMBERS ARE PRECLUDED FROM PARTICIPATION IN DISCUSSION OR VOTING RELATED TO ANY ENTITIES FOR WHICH A CONFLICT OF INTEREST HAS BEEN IDENTIFIED. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE DIRECTOR RECOMMENDS COMPENSATION PACKETS FOR BOARD APPROVAL BASED ON COMPARATIVE DATA, PERFORMANCE EVALUATION, AND BUDGETARY CONSIDERATIONS. FORM 990, PART VI, SECTION C, LINE 18 FORMS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND TAX RETURNS AVAIABLE TO THE PUBLIC VIA GUIDESTAR (INDEPENDENT NONPROFIT WEBSITE).