Connecticut · Nonprofit
YOUTH BUSINESS INITIATIVE
YOUTH BUSINESS INITIATIVE (Connecticut) receives grants from 11 organizations whose IRS filings report $468,108 to it, the largest being RITTER FAMILY FOUNDATION ($227,617). 5 of them have funded it in more than one year.
- Revenue FY2025
- $300k
- Funders on record
- 11
- Grants received
- $468k
- Net assets
- $174k
What Youth Business Initiative does
Mission
Youth Business Initiative also know as YBI, is committed to empowering underprivileged youth with workforce readiness & business development skills for community development. YBI advances its mission with workforce readiness and business development program initiatives that serve high school students interested in Economics for Youth.
As stated on its FY2025 Form 990.
Programs
YAP Youth Advancement Program: YAP engages youth through interactive activities to enable them to reach and expand their potential and exposure to advance in society. Students utilize their creative and critical thinking skills throughout the after school program. We create a unique, open space for children between ages 10-14 to comfortably express themselves. Active mentors serve as program facilitators to build trust with each individual involved by acting as positive role models in a fun-filled environment. After School Program Activities: Arts & crafts Team & Youth Development Games Photography/videography Personal Financial Management Development Mentorship Field trips & more Student group: Middle School
$87,809 spent41% of program spendingSummer Entrepreneurship 101 Program We train youth in Business Development, Finance & Accounting, Marketing & Branding, Communication and Etiquette, and Public Speaking. Through entrepreneurship sessions, students explore all the options of researching and bringing a business idea to a full business plan. Our students learn basic business terms along with finding their strengths and weaknesses. Students then create their business SWOT Analysis, Mission Statements, Governance, Operations, and Finance structure. We also address professional communication and etiquette. We stress the importance of their first impression in building a business relationship. At the end of the term, students complete in a business competition our version of "Shark Tank" event with community based and sector judges who award business seed money to the student group. Student Group: High School
$69,409 spent32% of program spendingWorkforce Development Program YBI's Workforce Development program shapes the lives of Fairfield County's next generation of leaders from disadvantaged backgrounds with the opportunity to learn professional business etiquette, job skills, resume and career building. Students develop a deeper understanding about the process of developing, obtaining, and maintaining the daily functions in a workplace. Now also located in Stamford. Partnered with C.O.R.N.E.R.S Community. Student group: High School
$59,585 spent27% of program spendingOther program services, not described on the e-filed return.
$0 spent0% of program spending
The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $216,803.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $29k to $205k (+611%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2023 23% · 2024 38% · 2025 38%. Grants only. Government contracts and fees sit inside program revenue.
99% of YOUTH BUSINESS INITIATIVE’s revenue is contributions — more donation-reliant than the typical peer (83% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 5 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Dajuan Wiggins
CEO and Executive Director
Board chair
Michael Crafter
Board Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2021 → 2023: the base broadened from 3 funders to 7 funders, grant income rose $35k → $172k.
2 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 18% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of YOUTH BUSINESS INITIATIVE’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
YOUTH BUSINESS INITIATIVE leans on a few funders — its largest provides 49% of grant income and the top three 78%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
26% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund YOUTH BUSINESS INITIATIVE.
Largest funder’s share by year: 2021 86% · 2022 67% · 2023 29% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of YOUTH BUSINESS INITIATIVE's grant income comes from Connecticut funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $84k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
YOUTH BUSINESS INITIATIVE has grown faster than three-quarters of the 3,482 youth development nonprofits its size.
this organization peer median middle 50% of peers· 3,482 youth development nonprofits $100k–$1M, FY2025
Government funding YOUTH BUSINESS INITIATIVE receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $332k on record — $76k federal, $256k state.
- Department of Labor$76k
- Pass thru Grant Non-State$146k
- State Aid Grants$60k
- ARPA Beneficiary Award$50k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like YOUTH BUSINESS INITIATIVE
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Connecticut
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
88% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for YOUTH BUSINESS INITIATIVE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds YOUTH BUSINESS INITIATIVE?
- YOUTH BUSINESS INITIATIVE (Connecticut) receives grants from 11 organizations whose IRS filings report $468,108 to it, the largest being RITTER FAMILY FOUNDATION ($227,617). 5 of them have funded it in more than one year.
- How many funders does YOUTH BUSINESS INITIATIVE have?
- IRS filings report 11 organizations giving $468,108 in grants to YOUTH BUSINESS INITIATIVE, 5 of which have funded it in more than one year.
- Who is the largest funder of YOUTH BUSINESS INITIATIVE?
- RITTER FAMILY FOUNDATION is the largest funder on record, with $227,617 in grants. The full list of funders is on this page.
- How can an organization like YOUTH BUSINESS INITIATIVE find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Youth Business Initiative →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 11 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing