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YOUNG REAL ESTATE PROFESSIONALS INC

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Tax-exempt status may be revoked

YOUNG REAL ESTATE PROFESSIONALS INC

EIN 47-2786647

What they do

YREP DC Intended to Host Its 6th Annual Charity Gala Benefitting BUILD Metro DC, A 501c3, In April 2020. The Previous 5 Galas Have Been Tremendously Successful Events, However, YREP DC, Like Many Organizations, Had to Cancel Its Plans for The 2020 Gala. Although YREP DC Had to Cancel The Event After Selling Tickets and Raising Money From Sponsors, Many of The Sponsors Continued to Support YREP DC In Its Goals. Although The Gala Did Not Occur, YREP DC Was Still Able to Donate $22,500 to BUILD Metro DC. The Donation is Used to Help Expands BUILDs Critical Mission In DC and Cover Their Operating Costs and Expenses, Which is Entirely for The Benefit of Providing Students With Greater Education and Career Opportunities After High School.

Before you give

Should I give to this charity?

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This record may have an IRS status problem. Do not give until you verify it.

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 checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2020The report may be old. Ask for a newer one.

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

They name their leaders10 people are listed in the latest report.

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

Money made simple

109.04%of revenue went to mission work142.1% of expenses · Program services
$76.75spent for every $100 of revenueRevenue covered expenses this year.
$0.75in assets for every $1 spent this yearSome assets cannot be spent right away.
84.3%of its money came from giftsOther money may come from services or investments.

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Money

Financial picture

Tax year 2020

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.

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$29,315
Mission workProgram services$31,965109.04% of revenue142.1% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$6,81523.25% of revenueShown in gray on the chart
Total expenses$22,50076.75% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Money in and money out

Revenue$29,315
Expenses$22,500
Annual surplus $6,815 Revenue was higher than expenses 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)$31,965 · 142.1% of expenses
This source amount exceeds total expenses; compare the filing details carefully.
See all reported dollar amounts
Revenue$29,315
Expenses$22,500
Assets$16,929
Contributions$24,715
Mission work (program services)$31,965
People

Leadership and board

Tax year 2020

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

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (10)

BENJAMIN SCHONCHAIRMAN OF THE BOARD OF DIRECTORS, PRESIDENT

EMILY EPPOLITODIRECTOR

IKENNA NWADIBIADIRECTOR

JOHN RENDLEMANDIRECTOR

KYLE MAURERDIRECTOR

MARY FITZGERALDIRECTOR

SAMANTHA PONTIUSDIRECTOR

SARAH MAXWELLDIRECTOR

SOPHIA DODDDIRECTOR

TAYLOR SEALEYDIRECTOR

About this charity

Location
1055 Thomas Jefferson St NW Ste 600, Washington, DC 20007
County
District of Columbia
In care of
Benjamin Schon
Primary officer
Benjamin Schon, President

How to reach them

Filing and classification

Latest tax year
2020
Tax period began
January 1, 2020
Return type
990EZ
Revocation date
May 15, 2024

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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