Friends of the@young Audiences Charter Association is a 501(c)(3) organization based in Gretna, Louisiana, registered in 2018, with $2,366,194 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$2.4M
▼ 45.4% vs prior year
Education median: $200K
Expenses (FY2024)
$2.0M
Net assets
$2.5M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Friends of the@young Audiences Charter Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Friends of the@young Audiences Charter Association: 15 mo reserves · +15% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Friends of the@young Audiences Charter Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Friends of the@young Audiences Charter Association: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $3.6M (FY2021) to $2.4M (FY2024) across 4 reported years.
Financial snapshot
Operating margin
15.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$27.6M
Total liabilities
$25.1M
Net assets
$2.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,366,194▼45.4% | $2,003,716▲0.8% | $2,523,953▲16.8% | $27,629,968▲0.9% | 990 |
| 2023 | $4,331,878▲187% | $1,987,076▼1.6% | $2,161,475▲1279% | $27,391,592▲7.3% | 990 |
| 2022 | $1,511,999▼57.8% | $2,018,415▼64.1% | -$183,327▼157% | $25,518,193▼3.8% | 990 |
| 2021 | $3,582,005 | $5,627,709 | $323,089 | $26,524,949 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Friends of the@young Audiences Charter Association (EIN 82-5174330) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.