2025-01-17T11:28:10-06:00 2024-06-30 BDO USA 8401 GREENSBORO DRIVE 800 MCLEAN VA 22102 990 2024-04-01 311713618 Youth Invest Partners Inc % CAROL THOMPSON COLE YOUT 2022634790 900 Brentwood Road NE Washington DC 20066 CAROL THOMPSON COLE PRESIDENT/CEO 2403721585 2025-01-16 true true Marc Berger P01871563 7038930600 2023 2024-10-15 13:58:12Z X X CAROL THOMPSON COLE PO BOX 91050 Washington DC 20090 40644 false X WWW.YOUTHINVESTPARTNERS.ORG X 2000 DE SEE SCHEDULE O X 22 21 12 19 0 0 1846517 0 0 0 12370 40644 112901 0 1971788 40644 605411 94000 0 0 2059423 20672 0 0 0 1861324 313555 4526158 428227 -2554370 -387583 2224219 0 1856963 0 367256 0 X SEE SCHEDULE O false true 94000 94000 0 SEE SCHEDULE O 0 0 0 SEE SCHEDULE O 0 0 0 SEE SCHEDULE O 94000 true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false true true false false false false false true 0 0 true 12 true false false false false false false false false false false false false X 22 21 false false false false false false false true true false false true true true true true true true true false DC MD VA X CAROL THOMPSON COLE 2023918549 900 BRENTWOOD ROAD NE 91050 WASHINGTON DC 20090 X CAROL THOMPSON COLE PRESIDENT, CEO AND DIRECTOR 40.0 0.0 X X 0 0 0 MARIO MORINO FOUNDING CHAIRMAN 0.0 0.0 X 0 0 0 TONY MARQUEZ CHAIRMAN 0.0 0.0 X X 0 0 0 CLIFF WHITE VICE CHAIRMAN 0.0 0.0 X X 0 0 0 JACK DAVIES TREASURER AND DIRECTOR 0.0 0.0 X X 0 0 0 DAVID SYLVESTER SECRETARY AND DIRECTOR 0.0 0.0 X X 0 0 0 ANTOINETTE TONI BUSH DIRECTOR 0.0 0.0 X 0 0 0 CHARLENE DUKES DIRECTOR 0.0 0.0 X 0 0 0 JOSH EDELMAN DIRECTOR 0.0 0.0 X 0 0 0 WENDY GOLDBERG DIRECTOR 0.0 0.0 X 0 0 0 MARIA GOMEZ DIRECTOR 0.0 0.0 X 0 0 0 CLINT GRIMES DIRECTOR 0.0 0.0 X 0 0 0 JOE DEL GUERCIO DIRECTOR 0.0 0.0 X 0 0 0 JERMAINE JOHNSON DIRECTOR 0.0 0.0 X 0 0 0 BILL KEATING DIRECTOR 0.0 0.0 X 0 0 0 LELAND KRUVANT DIRECTOR 0.0 0.0 X 0 0 0 B DOYLE MITCHELL JR DIRECTOR 0.0 0.0 X 0 0 0 PATRICK RYAN DIRECTOR 0.0 0.0 X 0 0 0 STU SOLOMON DIRECTOR 0.0 0.0 X 0 0 0 RACHEL WELLER DIRECTOR 0.0 0.0 X 0 0 0 MARCELA ZAMORA DIRECTOR 0.0 0.0 X 0 0 0 E IVAN ZAPIEN DIRECTOR 0.0 0.0 X 0 0 0 TANYA EDELIN VP, FINANCE AND ADMINISTRATION 40.0 0.0 X 0 0 0 SARAH DOVERE VP, EXTERNAL AFFAIRS 40.0 0.0 X 0 0 0 EDWARD KANE JR TRANSFORMATION LEAD 40.0 0.0 X 0 0 0 BRYCE JACOBS PARTNER, IPG 40.0 0.0 X 0 0 0 0 0 0 0 false false false 20 DEGREES LLC 531 RANDOLPH STREET NW WASHINGTON DC 20011 MEASUREMENT & EVALN 311000 CHILD TRENDS 7315 WISCONSIN AVENUE SUITE 1200 W BETHESDA MD 20814 EVAL AND ASSESSMENT 169365 2 0 0 0 0 0 0 0 0 0 40644 40644 40644 40644 0 0 0 0 0 0 0 0 0 0 40644 40644 94000 94000 0 0 0 0 0 0 0 20672 20672 0 0 53336 53336 8181 8181 0 0 0 146101 0 146101 0 0 244 244 26277 26277 0 72869 72869 0 0 167 167 0 0 0 0 LICENSES, PERMITS, FILING FEES 357 357 BANK SERVICE CHARGES 105 105 MISCELLANEOUS 5918 5918 428227 94000 334227 0 12738 0 309544 0 0 0 6 0 0 0 0 0 0 0 0 0 0 0 41871 0 117928 0 0 0 0 0 0 0 1742132 0 2224219 0 32316 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1824647 0 1856963 0 X 222645 0 144611 0 367256 0 2224219 0 X -387583 20327 X false false false X 2173987 4839405 6307861 3592896 1846517 18760666 0 0 2173987 4839405 6307861 3592896 1846517 18760666 11305194 7455472 56521 7028 762 6722 10854 81887 0 0 0 26496 250005 112901 389402 19231955 0.38766 0.63410 X true Martha's Table 2375 Elvans Road SE Washington DC 20020 521186071 501(c)(3) 94000 Advancing Early Education Collaborative. 1 SCHEDULE I, PART I, LINE 2: MONITORING THE USE OF GRANTS YIP MONITORS THE USE OF GRANT FUNDS ON A QUARTERLY BASIS FOR TRADITIONAL YIP CAPACITY INVESTMENTS. THIS PRACTICE ENSURES THAT FUNDS ARE USED TO ADVANCE THE MUTUALLY AGREED UPON MILESTONES THAT ARE A PART OF THE INVESTMENT AGREEMENT WITH THE PORTFOLIO ORGANIZATION. ASSETS 2024-05-31 -367257 FMV 501(c)(3) false false false false true true true true false FORM 990, PART I, LINE 1: TO LEAD POSITIVE SYSTEMIC CHANGE THAT BUILDS A BETTER FUTURE FOR YOUTH IN GREATER WASHINGTON THROUGH CAPACITY-BUILDING INVESTMENTS, CROSS-SECTOR COLLABORATIONS (COMMUNITY, BUSINESS, GOVERNMENT, AND NON-PROFIT), AND DATA ANALYSIS AND MEASUREMENT OF PROGRESS IN ORDER TO IMPROVE LIFE OUTCOMES OF YOUTH (0-24) BY FOCUSING ON EARLY CHILDHOOD EDUCATION, BOYS AND YOUNG MEN OF COLOR AND CAREER AND COLLEGE READINESS. FORM 990, PART III, LINE 1: FOR OVER 20 YEARS, YOUTH INVEST PARTNERS (F/K/A VENTURE PHILANTHROPY PARTNERS (VPP)) HAS DELIVERED LONG-TERM OUTCOMES THAT IMPROVE LIFE OPPORTUNITIES FOR CHILDREN AND YOUNG ADULTS IN GREATER WASHINGTON, SETTING ON THE PATH TO LEARN, GRADUATE, SECURE EMPLOYMENT, AND BECOME SUCCESSFUL, HEALTHY ADULSTS. OUR WORK BEGAN WITH STRENGTHENING INDIVIDUAL NON-PROFITS ACROSS GREATER WASHINGTON, WHICH EXPANDED TO CONNECTING THEM TO NETWORKS. THEN, WE BUILT UPON THOSE NETWORKS TO INCLUDE CROSS-SECTOR COLLABORATIONS WITH COMMUNITY MEMBERS, GOVERNMENTS, BUSINESSES, AND THE PHILANTHROPIC COMMUNITY. VPP HAS DEPLOYED MANAGEMENT EXPERTISE AND INVESTED MORE THAN $110M IN CAPITAL TO STRENGTHEN EXECUTIVE LEADERSHIP. WE HAVE INCREASED THE CAPACITY OF LOCAL NON-PROFITS, HELPING THEM EXPAND TO 80 NEW SITES AND SERVE ON AVERAGE 57,000 YOUNG PEOPLE EACH YEAR, RESULTING IN HEALTHIER NEWBORNS, IMPROVED CHILDHOOD DEVELOPMENT, BETTER ACADEMIC ACHIEVEMENT, AND HIGHER GRADUATION RATES. AS WE LOOKED AHEAD TO THE NEXT 20 YEARS, WE RECOGNIZED THAT WE NEEDED TO DO MORE, BE BOLDER, AND ACT FASTER TO MAKE CHANGES AT THE SYSTEMS LEVEL FOR OUR MOST VULNERABLE YOUTH. IN APRIL 2020, WE FORMED A STRATEGIC ALLIANCE WITH RAISE DC-A MEMBER OF THE NATIONAL STRIVE TOGETHER NETWORK - TO BUILD AN INVESTMENT ORGANIZATION CAPABLE OF DRIVING ALIGNMENT AMONG COMMUNITIES, NONPROFIT AND BUSINESS LEADERS, JURISDICTIONAL AND REGIONAL LEADERS AROUND SYSTEMS CHANGE AGENDA. FORM 990, PART III, LINE 4A: INVESTMENT PRACTICE - AN IMPORTANT ELEMENT AND DISTINCTION OF THE WORK OF VPP IS ITS APPROACH TO IDENTIFYING, SELECTING AND ENGAGING ITS INVESTMENT PARTNERS. THE VPP TEAM, CONSISTING OF PEOPLE WITH EXPERIENCE IN MANAGEMENT DEVELOPMENT AND BUILDING ORGANIZATIONS, IS RESPONSIBLE FOR SOURCING CANDIDATES, EVALUATING PROSPECTIVE ORGANIZATIONS FOR INVESTMENT, AND SUPPORTING THEM FOR THE DURATION OF THE INVESTMENT PARTNERSHIP. THE VPP TEAM WORKS DIRECTLY WITH ITS INVESTMENT PARTNERS TO SERVE AS A COMBINATION OF STRATEGIC ADVISOR, EXECUTIVE COACH, CHANGE AGENT, FUNDER, BOARD MEMBER AND CONSULTANT WITH THE GOAL OF HELPING GREAT LEADERS BUILD STRONGER, MORE EFFECTIVE ORGANIZATIONS. FORM 990, PART III, LINE 4B: GRANT PROGRAM EXPENSES - VPP PROVIDES PHILANTHROPIC INVESTMENTS TO ORGANIZATIONS (INVESTMENT PARTNERS) FOR THE PURPOSE OF HELPING HIGH-QUALITY NONPROFIT ORGANIZATIONS IMPACT THE LIVES OF MORE CHILDREN AND YOUTH. VPP DISBURSES FUNDS TO INVESTMENT PARTNERS TO PROVIDE FINANCIAL SUPPORT TO HELP LEADERS BUILD AND STRENGTHEN VPP BEHIND THEIR PROGRAMS, OFTEN REFERRED TO AS "ORGANIZATIONAL CAPACITY." VPP SUPPORTS THIS TYPE OF CAPACITY WITH LARGE SCALE, MULTI-YEAR FUNDING. VPP'S YOUTHCONNECT INVESTMENT SUPPORTS SPECIFIC PROGRAMMATIC ELEMENTS OF NONPROFIT ORGANIZATIONS TO PROVIDE EDUCATION, SOCIAL SERVICES AND JOB TRAINING TO LOW-INCOME YOUTH AGES 14-24. YOUTHCONNECT ALSO SUPPORTS THE COLLABORATION OF THIS PORTFOLIO OF ORGANIZATIONS TO DEMONSTRATE GREATER IMPACT IN THE NATIONAL CAPITAL REGION THROUGH COLLECTIVE ACTION. LEARN MORE AT: HTTPS://YOUTHINVESTPARTNERS.ORG/INVESTMENT/YOUTH-CONNECT/. FORM 990, PART III, LINE 4C: STRATEGIC COMMUNICATIONS, INVESTOR RELATIONS AND FIELD-BUILDING: A KEY ELEMENT TO THE STRATEGY OF EXTENDING THE IMPACT OF THE WORK OF VPP IS TO CAPTURE, CODIFY, AND SHARE THE LESSONS AND EXPERIENCES OF VPP'S PHILANTHROPIC WORK WITH AN EXTENDED COMMUNITY OF PHILANTHROPISTS AND PRACTITIONERS. VPP DEVOTES SPECIFIC RESOURCES TO FORMALIZING AND SHARING ITS INVESTMENT PRACTICE, APPROACH, AND PROCESSES. VPP COALESCES THE INDIVIDUALS, FAMILIES, FOUNDATIONS, AND CORPORATE SUPPORTERS INTO A COMMUNITY OF DONORS, COMMITTED TO MAKING THEIR PHILANTHROPY AND CIVIC ENGAGEMENT MORE EFFECTIVE. VPP CREATES VENUES FOR ENGAGEMENT AND EXCHANGE. - TO BUILD A COMMUNITY OF INVESTORS COMMITTED TO ADVANCE THEIR OWN PHILANTHROPY AND SHARED INTERESTS. VPP PUBLISHES REPORTS AND PROVIDES RESEARCH FOR THE BENEFIT OF THOSE WHO ARE INVOLVED IN THE NONPROFIT SECTOR AS SERVICE PROVIDERS AND PHILANTHROPISTS. THESE REPORTS SURVEY THE FIELDS OF VENTURE PHILANTHROPY AND HIGH-ENGAGEMENT GRANT-MAKING, ADDRESS CRITICAL ISSUES FACING THE NONPROFIT SECTOR, AND OFFER NEW RESEARCH AND RESOURCES TO ADVANCE MANAGEMENT PRACTICES IN THE SECTOR. RECENT RELEASES: IN NOVEMBER 2015, VPP LAUNCHED READY FOR WORK: CHAMPIONS FOR CAREER AND COLLEGE READY GRADUATES IN PRINCE GEORGE'S COUNTY - VPP'S FIRST OF THE CAPITAL KIDS PORTFOLIO. HTTP://WWW.youthconnectpartners.ORG/NEWS/ANNOUNCEMENTS/VPP-LAUNCHES-NEW-IN ITIATIVE READY-WORK-CHAMPIONS-CAREER-AND-COLLEGE-READY-GRADUATE. IN THE SPRING OF 2016, VPP RELEASED TWO REPORTS ON YOUTHCONNECT, VPP'S COLLECTIVE IMPACT INVESTMENT. HTTPS://YOUTHINVESTPARTNERS.ORG/INVESTMENT/YOUTH-CONNECT/. THESE REPORTS HIGHLIGHT THE ACCOMPLISHMENTS, IMPACT AND LESSONS LEARNED OF YOUTHCONNECT AND EVALUATES THE RESULTS AND IMPACT OF THE INITIATIVE ON THE NETWORK PARTNER ORGANZIATIONS AND THE YOUTH EACH SERVES. IN JANUARY 2015, VPP RELEASED A CASE STUDY OF THE SECOND INVESTMENT OF THE SECOND PORTFOLIO, KIPP DC. THE REPORT HIGHLIGHTS THE KEY ACCOMPLISHMENTS, PARTNERSHIP ENGAGEMENT, RESULTS, LESSONS LEARNED AND FOCUS AREAS OF THE VPP INVESTMENT, HTTPS://YOUTHINVESTPARTNERS.ORG/WP-CONTENT/UPLOADS/2023/06/KIPP-DC_CASE-ST UDY.PDF. IN SEPTEMBER 2014, VPP RELEASED A CASE STUDY OF THE FIRST INVESTMENT OF THE SECOND PORTFOLIO, YEAR UP. THE REPORT HIGHLIGHTS THE KEY ACCOMPLISHMENTS, PARTNERSHIP ENGAGEMENT, RESULTS, LESSONS LEARNED AND FOCUS AREAS OF THE VPP INVESTMENT, HTTPS://YOUTHINVESTPARTNERS.ORG/WP-CONTENT/UPLOADS/2023/06/YEAR-UP-NCR_CAS E-STUDY.PDF AL-CAPITAL REGION. IN MAY 2014, THE YOUTHCONNECT NETWORK RELEASED ITS SECOND IN A SERIES OF CASE STUDIES, YOUTHCONNECT: A (NET)WORK IN PROGRESS - THE FIRST TWO YEARS. THIS CASE STUDY DELVES INTO THE FIRST STAGES OF THAT WORK THE EXPERIENCE OF FUNDING, LAUNCHING AND SUPPORTING YOUTHCONNECT, WHILE CHRONICLING BEST PRACTICES AND LESSONS LEARNED THAT MIGHT HELP OTHERS SEEKING TO PURSUE SIMILAR INITIATIVES. HTTP://WWW.VPPARTNERS.ORG/RESULTS/REPORTS/YOUTHCONNECT-NETWORK-PROGRESS- FIRST-TWO-YEARS. IN JANUARY 2013, THE YOUTHCONNECT NETWORK RELEASED ITS FIRST IN A SERIES OF CASE STUDIES, YOUTHCONNECT: A (NET)WORK IN PROGRESS. THE CASE STUDY DESCRIBES THE COLLABORATIVE PROCESS AND RESULTING COMMON OUTCOMES FRAMEWORK DEVELOPED BY THE NETWORK. LEARN MORE AT: HTTPS://YOUTHINVESTPARTNERS.ORG/WP-CONTENT/UPLOADS/2023/06/NETWORK-IN-PROG RESS.PDF. IN SEPTEMBER 2012, VPP RELEASED THE FIRST COMPREHENSIVE REPORT OF THE CHALLENGES FACING CHILDREN AND YOUTH THROUGHOUT THE NATIONAL CAPITAL REGION. LEARN MORE AT: HTTPS://YOUTHINVESTPARTNERS.ORG/CAPITAL-KIDS-REPORT-SHARED-FUTURE-SHARED-R ESPONSIBILITY/. IN 2011, VPP FOUNDING CHAIRMAN AUTHORED LEAP OF REASON: MANAGING TO OUTCOMES IN AN ERA OF SCARCITY, PUBLISHED BY VPP. LEARN MORE AT: HTTPS://LEAPOFREASON.ORG/. FORM 990, PART VI, SECTION B, LINE 11B: MEMBERS OF THE AUDIT COMMITTEE RECEIVE A DRAFT OF THE 990 PRIOR TO ITS FILING. A MEETING IS HELD WITH MEMBERS AND VP OF FIN AND ADMINISTRATION TO WALKTHROUGH THE DRAFT AND RESPOND TO QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C: AT THE ANNUAL MEETING EACH YEAR, THE OFFICERS, DIRECTORS AND STAFF ARE PRESENTED WITH THE CONFLICTS OF INTEREST POLICY AND ARE REQUIRED TO DISCLOSE ANY RELEVANT AFFILIATIONS AND POTENTIAL CONFLICTS. IN ADDITION, IF A POTENTIAL CONFLICT EXISTS FOR A VOTING BOARD MEMBER RELATED TO A PARTICULAR INVESTMENT PORTFOLIO ORGANIZATION, THE BOARD MEMBER RECUSES THEMSELVES FROM ANY VOTE/DECISION THAT MAY BE PERCEIVED AS A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15B: ON A PERIODIC BASIS,YIP'S COMPENSATION STRUCTURE FOR THE SENIOR TEAM IS ASSESSED RELATIVE TO THE MARKET, PEER ORGANIZATIONS, AND OTHER VARIABLES UNIQUE TO YIP TO ENSURE THAT THE COMPENSATION IS COMPETITIVE TO DRAW THE TALENT REQUIRED TO ACHIEVE YIP'S GOALS AND IS IN ALIGNMENT WITH YIP'S OVERALL COST STRUCTURE. IN MAY 2022 ENGAGED SMITH PILOT TO PERFORM A REASONABLENESS TEST ON SENIOR MANAGEMENT COMPENSATION AND PROVIDE UPDATED BENCHMARK INFORMATION FOR ALL POSITIONS IN THE ORGANIZATION BASED UPON A COMBINATION OF PEER GROUP AND COMPENSATION DATA SOURCES IN AN EFFORT TO ENSURE YIP'S SALARY STRUCTURE IS EQUITABLE, COMPLIANT, AND REASONABLE WITH REGARD TO REGULATORY GUIDELINES. FORM 990, PART VI, SECTION C, LINE 19: YIP DOES NOT REGULARLY PUBLISH ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS, BUT THE ORGANIZATION MAKES SUCH DOCUMENTS AVAILABLE IF A REQUEST IS MADE BY A MEMBER OF THE PUBLIC. FORM 990, PART XI, LINE 9: TRANSFERS OF NET ASSETS DUE TO DISSOLUTION $20,327. FORM 990 PART IX LINE 11G DESCRIPTION:PROFESSIONAL SERVICES TOTAL FEES:146101