APEX FOR YOUTH INC Charity Report

Public IRS 990 nonprofit record

APEX FOR YOUTH INC

EIN 13-3650718 · Community Improvement & Capacity Building (S41Z)

What they do

APEX for YOUTH DELIVERS POSSIBILITIES to UNDERSERVED ASIAN and IMMIGRANT YOUTH FROM LOW-INCOME FAMILIES IN NYC. APEX RECRUITS WORKING PROFESSIONALS to VOLUNTEER and BECOME POSITIVE ROLE MODELS WHO INSPIRE YOUTH to EXPAND THEIR HORIZONS and ENVISION WHAT is POSSIBLE for THEIR LIVES. THROUGH MENTORING and EDUCATIONAL PROGRAMS THAT SERVE STUDENTS FROM PRE-K to 12TH GRADE and BEYOND, APEX VOLUNTEERS GUIDE and SUPPORT YOUTH to BECOME CONFIDENT, BE READY for COLLEGE and GIVE BACK to THE COMMUNITY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $77.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders23 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

87.05%of revenue went to mission work77.2% of expenses · Program services

15.46%of revenue went to fundraising13.7% of expenses

$112.83spent for every $100 of revenueSpending was higher than revenue this year.

10.32%of revenue went to management and office costs9.1% of expenses

$0.87in assets for every $1 spent this yearSome assets cannot be spent right away.

99.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $839,364 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $210,334 for JIYOON CHUNG (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$6,543,794

Mission workProgram services$5,696,11387.05% of revenue77.2% of expenses

ManagementOffice and general costs$675,47510.32% of revenue9.1% of expenses

FundraisingAsking for donations$1,011,57015.46% of revenue13.7% of expenses

Total expenses$7,383,158112.83% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 77.2% mission · 9.1% management · 13.7% fundraisingTotal expenses: 112.83% of revenue

2023Expense mix: 77.5% mission · 10.8% management · 11.7% fundraisingTotal expenses: 102.17% of revenue

2021Expense mix: 78.4% mission · 14.2% management · 7.4% fundraisingTotal expenses: 67.25% of revenue

2020Expense mix: 83.9% mission · 4.7% management · 11.4% fundraisingTotal expenses: 62.75% of revenue

2019Expense mix: 83.8% mission · 4.8% management · 11.3% fundraisingTotal expenses: 136.48% of revenue

2018Expense mix: 77.5% mission · 9.3% management · 13.2% fundraisingTotal expenses: 94.10% of revenue

2017Expense mix: 85.0% mission · 4.4% management · 10.6% fundraisingTotal expenses: 108.02% of revenue

2016Expense mix: 85.2% mission · 4.3% management · 10.5% fundraisingTotal expenses: 85.43% of revenue

Money in and money out

Revenue$6,543,794

Expenses$7,383,158

Annual shortfall $839,364 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$5,696,113 · 77.2% of expenses

Management and office costs$675,475 · 9.1% of expenses

Fundraising$1,011,570 · 13.7% of expenses

See all reported dollar amounts

Revenue$6,543,794

Expenses$7,383,158

Assets$6,448,412

Income$7,438,056

Contributions$6,523,904

Mission work (program services)$5,696,113

Fundraising$1,011,570

Management and general$675,475

Accounting fees$83,079

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JIYOON CHUNGEXECUTIVE DIRECTOR · 40 hrs/week $210,334Base $208,400 · Other $1,934

WENDY HU-AUDIRECTOR OF DEVELOPMENT · 40 hrs/week $159,495Base $157,167 · Other $2,328

YAYA YUANDIRECTOR OF PROGRAMS · 40 hrs/week $135,222Base $133,408 · Other $1,814

ALEX KOGANDIRECTOR OF OPERATIONS · 40 hrs/week $116,700Base $108,576 · Other $8,124

PAUL JOCHICODEPUTY DIR OF HUMAN RESOURCES · 40 hrs/week $115,662Base $106,750 · Other $8,912

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (23)

JIYOON CHUNGEXECUTIVE DIRECTOR

WENDY HU-AUDIRECTOR OF DEVELOPMENT

YAYA YUANDIRECTOR OF PROGRAMS

ALEX KOGANDIRECTOR OF OPERATIONS

PAUL JOCHICODEPUTY DIR OF HUMAN RESOURCES

MAXINE NG DALIODIRECTOR

YUKARI MATSUZAWA PASSDIRECTOR

WEN ZHOUDIRECTOR

ROY KIMDIRECTOR

RAYMOND CHANDIRECTOR

PREETI SRIRATANACHAIR

PATRICK YEEDIRECTOR

PATRICK LODIRECTOR

MELODY LEEDIRECTOR

KATHY WONGSECRETARY (THROUGH 05/25)

KAREN WONGDIRECTOR

JEFFREY CHENSECRETARY

GILBERT LIUDIRECTOR

ERIC LEEVICE CHAIR

DAVID JARDIRECTOR

BLAISE CHOWTREASURER

AYA KANAIDIRECTOR

ALLISTER CHANDIRECTOR

About this charity

Recognized since: January 1992
Location: 195 CHRYSTIE ST RM 200, NEW YORK, NY 10002-1240
County: New York
In care of: JIYOON CHUNG
Primary officer: JIYOON CHUNG, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailinfo@apexforyouth.org Phone(212) 385-3574

Filing and classification

Latest tax year: 2024
Tax period began: August 1, 2024
Return type: 990
Tax preparer: SAX ADVISORS LLC
NTEE classification: Community Improvement & Capacity Building (S41Z)