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Lost Boyz Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 263317656 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Lost Boyz Inc?

Lost Boyz Inc is a nonprofit organization situated in Chicago, Illinois, specifically at 1818 East 71st Street. Their primary mission is to combat violence, enhance social and emotional well-being, and create financial opportunities for youth residing in Chicago's South Shore community. They achieve this mission through a multifaceted approach that includes baseball and softball training, competitive participation, high-intensity mentoring, intervention, and social entrepreneurship activities. Additionally, they provide after-school tutoring, civic engagement, and cultural enrichment to low-income youth aged between 4 and 15. For young adults aged 16 to 24, Lost Boyz Inc offers a program called Successful Youth Leaders, which offers professional instruction, supervision, and paid training opportunities in sport-related jobs. The nonprofit is led by a small team of four dedicated individuals.


Official website here: www.lostboyzinc.org

Is Lost Boyz Inc legitimate?

Lost Boyz Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lost Boyz Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $85,586
Professional Fundraising Fees: $0
Other Salaries and Wages: $191,296

For more financial information, click here


Official website here: www.lostboyzinc.org

What is the mission statement of Lost Boyz Inc?

Lost Boyz Inc aims to combat violence, enhance the social and emotional well-being, and create financial prospects for youth residing in Chicago's South Shore community. This mission is achieved primarily through intense mentoring, intervention, and entrepreneurial activities, with baseball training and competitive participation serving as the main facilitators. The organization's initiatives include the MVP youth program, which offers baseball and softball programs, tutoring, civic engagement, and cultural enrichment for children between the ages of 4 and 15. Additionally, Lost Boyz Inc focuses on young adults aged 16 to 24 through professional instruction, supervision, and paid job opportunities in sport-related fields through the Successful Youth Leaders program.


Official website here: www.lostboyzinc.org

Who is the CEO of Lost Boyz Inc?

Lavonte Stewart is the Interim Chairperson of Lost Boyz Inc.


Official website here: www.lostboyzinc.org

What is the revenue of Lost Boyz Inc?

Lost Boyz Inc's revenue in 2022 was $1,177,840.


Official website here: www.lostboyzinc.org

Who are the executives of Lost Boyz Inc and what are their salaries?

The average compensation at Lost Boyz Inc during 2022 was $69,220. There are 4 employees and 35 volunteers at Lost Boyz Inc.

Here are 5 key members and their salaries:

    Lavonte Stewart (Executive Director)
  • Compensation: $85,179
  • Related: $0
  • Other: $4,911

    • Fransene Rockman (Interim Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ivy Ellis (Interim Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pharlone Touisannt (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela Veal-Hill (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lostboyzinc.org

    Where can I find the form 990 for Lost Boyz Inc?

    The Lost Boyz Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lostboyzinc.org

    Learn more at the official website: www.lostboyzinc.org

    Mission Statement of Lost Boyz Inc

    Lost Boyz Inc, a nonprofit organization, is committed to reducing violence, enhancing social and emotional well-being, and fostering financial opportunities among youth residing in Chicago's South Shore community. The organization achieves its mission through various strategies, with baseball training and competitive participation serving as its main drivers. This is accomplished through high-intensity mentoring, intervention, and social entrepreneurship activities.

    The MVP youth program is a significant component of Lost Boyz Inc's efforts. This program caters to low-income children aged 4 to 15, offering baseball and softball programs alongside supplementary after-school tutoring, civic engagement, and cultural enrichment activities. This holistic approach aims to empower these young individuals, providing them with essential skills and experiences beyond sports.

    Furthermore, Lost Boyz Inc focuses on developing young adults aged 16 to 24 through their Successful Youth Leaders program. This initiative offers professional instruction, supervision, and paid training opportunities in sport-related fields. By providing these young adults with real-world experiences and skills, Lost Boyz Inc aims to equip them with the tools needed to secure stable employment and contribute positively to their communities.

    Impact

    This information is meant to be a general summary of Lost Boyz Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Lost Boyz Inc has made a significant impact in the Chicago South Shore community by actively working to decrease violence, improve social and emotional conditions, and provide financial opportunities for youth. Through their MVP youth program, which offers baseball and softball programs to low-income youth along with after-school tutoring and civic engagement activities, Lost Boyz Inc is not only promoting physical health but also academic success and community involvement. Additionally, their Successful Youth Leaders program focuses on developing young adults through professional instruction and training for sport-related job opportunities. By providing high-intensity mentoring and intervention, Lost Boyz Inc is making a tangible difference in the lives of the youth in Chicago's South Shore community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $11,000
  • Gross Receipts: $1,177,840

    • Assets and Liabilities:
  • Total Assets: $539,492
  • Total Liabilities: $90,472
  • Net Assets: $449,020
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Programs

    Revenue

    $11,000

    Organization Details

    Founding Year

    2008

    Principal Officer

    Lavonte Stewart

    Main Address

    1818 East 71st Street, Chicago, IL, 60649

    NTEE Category

    Code: N99 - Recreation

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