Network for Young Adult Success

Overview

The Network for Young Adult Success is a nonprofit organization based in Chicago, Illinois, focused on empowering young adults by providing resources and support for their educational and career success. The organization was established to address the needs of young individuals transitioning from high school to post-secondary education and the workforce.

Tax Status and Registration

The organization is recognized as tax-exempt under section 501(c)(3) of the Internal Revenue Code and has been operational since August 2019. Its Employer Identification Number (EIN) is 84-2274767. Contributions made to the Network for Young Adult Success are tax-deductible for donors.

Mission and Objectives

The mission of the Network for Young Adult Success is to support young adults in their journey towards achieving their educational and professional aspirations. The organization aims to provide better technology, resources, and training to ensure that young adults have access to the necessary tools for success. This includes offering a centralized database of resources, emergency funds, mental health counseling, and subsidized college credits.

Programs and Services

The organization offers a variety of programs aimed at facilitating young adults' access to opportunities, including:

• Training and Professional Development: Programs designed to build skills and knowledge among practitioners who support young adults.

• Resource Curation: The organization curates essential resources aimed at reducing the barriers faced by young adults in their pursuit of education and career goals.

• Community Engagement: Providing a collaborative platform for organizations to connect and share best practices in supporting young adults.

Financial Information

According to IRS filings, the Network for Young Adult Success has reported significant revenue primarily from contributions, which accounted for approximately 97% of its total revenue in recent fiscal years. In the fiscal year ending June 2021, the organization reported total revenue of approximately $1,005,301. Its expenses largely relate to salaries and wages, indicative of the staff's role in delivering its services effectively.

Leadership

The organization's leadership includes experienced professionals dedicated to the cause of young adult success. Notable members of the leadership team include the Associate Executive Director, who has a compensation package reflecting the organization's commitment to investing in its staff to further its mission.

Conclusion

The Network for Young Adult Success stands as a significant resource for young adults seeking guidance and support as they navigate their educational and professional paths. Through its various programs and community-focused initiatives, the organization plays a critical role in helping empower the next generation to achieve their full potential.