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LIFE PROJECT 4 YOUTH INC

NEW YORK, NY · EIN 454308350 · Form 990 · FY2024 · NTEE J20 · Employment · Small ($100K-$1M)
revenue
$584K
expenses
$592K
net assets
$135K
employees
0
volunteers
7
program ratio
84%
mission · from form 990

TO ASSIST IN THE SOCIAL AND PROFESSIONAL INTEGRATION OF EXCLUDED AND VULNERABLE YOUNG PEOPLE (AGE 14-24) WHO WERE EX-PRISONERS. DISABLED OR VICTIMS OF ABUSE, FAMINE, CONFLICT OR NATURAL DISASTERS, MORE SPECIFICALLY, TO DESIGN, CREATE AND SUPPORT BUSINESS PROJECTS FOR SUCH YOUTH WHO, BECAUSE OF THEIR PAST, THEIR CONDITION, THEIR HEALTH OR THEIR HANDICAPS, HAVE NEVER HAD ACCESS TO EMPLOYMENT.

profile · synthesized from sources

LIFE PROJECT 4 YOUTH INC supports socially and professionally excluded youth aged 14–24 in New York, particularly those with histories of incarceration, disability, or trauma. The organization focuses on creating business projects to provide employment access for young people who face systemic barriers to work. It operates as a nonprofit with approximately $1M in annual revenue.

named programs · 1 · from sources

What they call their work

Business Project Incubation
Designs, creates, and supports business projects for vulnerable youth to promote professional integration and employment access
activities · 1 group

What they do

  • Youth Entrepreneurship & Financial Literacy Education 1 activity
    • Supports business projects for vulnerable youth
      Designs, creates, and supports business projects to promote the social and professional integration of excluded and vulnerable youth aged 14–24, including those who are formerly incarcerated, disabled, or survivors of abuse, famine, conflict, or natural disasters.
financials · form 990 · fy2024
revenue
Total revenue$584K
Contributions & grants$655K112%
Program service revenue$00%
Investment income$570%
Other revenue$-71K
expenses
Total expenses$592K
Program expenses84%
Admin / overhead16%
Fundraising0%
Salaries & benefits$0
Grants paid out$500K
Largest expense lineFacilities
balance sheet
Total assets$135K
Cash$135K
Investments$0
Liabilities$0
Net assets$135K
Liquid reserves2.7 mo
4 years on record · 2020–2024 · YoY revenue -24.0%
leadership · form 990 part vii · fy2024

Who runs it

board members · 8
  • DANIEL RAGUENEZ — TREASURER
  • ERIC DUTANG — DIRECTOR
  • GHISLAIN DESCAMPS — PRESIDENT
  • GREGORIO SCHNEIDER — DIRECTOR (ENDED 6/24)
  • GUILLEMENTE GAULLIER — GENERAL SECRETARY
  • JEREMY LE JAN — DIRECTOR
  • JULIA LIEVRE-CORMIER — DIRECTOR
  • SONNY AJMANI — DIRECTOR
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.