Young Folks LV
Young Folks LV is a Riga-based non-profit founded in 2014 that provides non-formal education, art classes, and youth community programs to Latvian teenagers and young adults, while also operating a refugee assistance program at Riga International Bus Station that has helped over 40,000 Ukrainian transit refugees since May 2022.
- Company typePrivate
- Founded-
- HeadquartersRiga, Latvia
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Young Folks LV does
Young Folks LV is a Riga-based non-profit youth organization founded in 2014 that operates a multi-program portfolio of non-formal education, creative arts, and humanitarian services. Its core offerings include the Young Folks Club (teenagers aged 12-15, priced at 25 EUR/month or 270 EUR/year for unlimited access to all interest-based clubs and 100+ annual events), the Youngsters programs (ages 16+ covering business incubation, photography, music, theatre, and Erasmus+ volunteering), the KARTON art studio (academic drawing, graphic design, painting, and architecture courses delivered both in-person and online via Zoom), and the YUMTA workshop space (50 EUR/month artist studio rental at the Latvian Artists' Union building). A social enterprise, Sayit.ring, sells custom engraved stainless steel rings (15 EUR) and bracelets (25 EUR) with worldwide delivery to fund operations.
Following the 2022 Russian invasion of Ukraine, Young Folks LV pivoted significantly into humanitarian work, launching the Refugee Help Center at Riga International Bus Station in May 2022 and a Clothing Distribution Center at Riga Central Market in November 2022. These services have collectively assisted over 40,000 Ukrainian transit refugees with accommodation, travel tickets, food, and clothing, generating earned media coverage including in The New Yorker.
The organization's revenue model is highly diversified across five streams: recurring teen club subscriptions, one-time art course fees, transactional merchandise sales, monthly studio rental, and donations (which primarily fund the refugee programs). All revenue is retained in euros and the organization is founder-led by Alexander Morozov, with no external institutional investment or parent company. Technology infrastructure is minimal — a Tilda-based multilingual website, Telegram groups for community communication, Google Forms for volunteer recruitment, and standard e-commerce tools — reflecting the organization's community-led, low-overhead operating model. The organization has 27 employees and operates four physical locations in Riga.
Young Folks LV firmographics
Firmographics- Name
- Young Folks LV
- Legal name
- Young Folks LV
- Website
- https://youngfolks.lv
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Young Folks LV is a Riga-based non-profit founded in 2014 that provides non-formal education, art classes, and youth community programs to Latvian teenagers and young adults, while also operating a refugee assistance program at Riga International Bus Station that has helped over 40,000 Ukrainian transit refugees since May 2022.
- Ownership category
- akta.pro rank
Young Folks LV industry classification
Industry- Product category
- Youth Non-formal Education Services
- NAICS
- Educational Services (611), Educational Support Services (611710), Fine Arts Schools (61161)
- SIC
- Services-Educational Services (8200), Services-Membership Sports & Recreation Clubs (7997)
- akta.pro primary industry
- Youth-to-Adult Transition & Life Skills (Independent Living, Soft Skills) (EDAAAFAN)
- akta.pro secondary industries
- Newcomer & Refugee Student Support Programs (EDAJAGAH), Life Skills & SEL Camps (Confidence, Executive Function, Social Skills) (EDAMALAO)
Keywords
Where Young Folks LV is headquartered
LocationHeadquarters
- HQ city
- Riga
- HQ country
- Latvia
- HQ region
- Europe
Offices4 records
Markets served
Young Folks LV business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Club Membership Fees: Monthly or annual subscription fees for participation in teen club activities. Teen club membership costs 25 EUR per month or 270 EUR annually (from 2025). Includes access to all clubs and regular meetings without restrictions.
- Merchandise Sales (Sayit.ring): Sale of custom stainless steel rings (15 EUR) and bracelets (25 EUR) with personalized engraving. Workshop experiences for ring/bracelet making (25 EUR and 35 EUR respectively). Worldwide delivery with additional shipping costs.
- Art Course Fees: Karton art studio offers various courses: academic drawing (70 EUR for 7 sessions in-person, 50 EUR online), creative expression (50 EUR for 5 sessions), children's classes (30 EUR for 5 sessions), graphic design (50 EUR for 5 sessions), space design (80 EUR for 8 sessions).
- Donations: Refugee Help Center operates primarily through monetary donations from the public, used to fund temporary accommodation, travel tickets, and daily operations. Clothing and food donations also received.
- Studio Rental (YUMTA): Artists studio rental at 50 EUR per month for workshop members, providing access to workspace, equipment, WiFi, art library, and community.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Teen Club monthly membership |
| Subscription | Annual | Teen Club annual membership |
| Unit Pricing | Pay-as-you-go | Stainless steel ring |
| Unit Pricing | Pay-as-you-go | Stainless steel bracelet |
| Unit Pricing | Pay-as-you-go | Ring making workshop |
| Unit Pricing | Pay-as-you-go | Bracelet making workshop |
| Subscription | Pay-as-you-go | Academic Drawing Course (in-person) |
| Subscription | Pay-as-you-go | Academic Drawing Course (online) |
| Subscription | Pay-as-you-go | Graphic Design Course (online) |
| Subscription | Pay-as-you-go | Children's Art Classes (7-11 years) |
| Subscription | Monthly | YUMTA Studio Membership |
| Freemium | Pay-as-you-go | Refugee assistance |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
Young Folks LV product offering
Product offeringCore offering
Young Folks LV is a Riga-based non-profit youth organization operating non-formal education programs and interest-based community clubs for children, teenagers, and young adults in Latvia. It runs the KARTON art studio offering drawing, graphic design, and creative courses; the Sayit.ring custom-engraved jewelry social enterprise; the YUMTA artists' workshop rental space; and since May 2022, the Refugee Help Center providing transit assistance to Ukrainian refugees passing through Riga.
Product overview
Young Folks LV is a non-profit youth organization operating as a multi-service platform offering non-formal education and community programs. The organization provides Youth Programs and Clubs for teenagers (12-15) and youngsters (16+), featuring various interest-based groups. The KARTON Art Studio offers academic drawing, graphic design, painting, and creative courses. The Sayit.ring social enterprise sells custom engraved jewelry to fund operations. A major initiative is the Refugee Help Center providing transit assistance at Riga bus station. The YUMTA Workshop provides rented creative workspace. The portfolio is structured as a community organization with multiple interconnected programs supporting youth development, art education, and refugee assistance.
Differentiator
Problem solved
Functional benefit
Brands
- Young Folks Club: Educational environment for teenagers aged 12-15 with interest clubs, activities, and mentorship programs
- KARTON
- Sayit.ring
- Refugee Help Center
- Clothing Distribution Center
Products and services
- Teenagers Club (Klubs)
- Youngsters Programs
- KARTON Art Studio Courses
- KARTON Thematic Weeks
- Sayit.ring Custom Jewelry
- YUMTA Artist Workshop Rental
- Refugee Help Center Services
Quantifiable outcome
- Over 40,000 refugees helped since May 2022
- +2 more outcomes
Companies that use Young Folks LV
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles5 records
Young Folks LV technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Young Folks LV partnerships and signals
Strategic signalScale indicators6 records
Recent moves6 records
Expansion highlights5 records
Young Folks LV competitors and assessment
Company assessmentDirect peers
- Junior Achievement Latvia: Youth entrepreneurship and work-readiness education organization. Comparable to Young Folks' business incubator and career-oriented offerings for the 16+ youngster segment, both delivering non-formal education for school-age youth.
- 4-H Latvia: Youth development organization offering hands-on learning, leadership, and community engagement programs. Directly comparable model to Young Folks' interest clubs and youth-led programming for school-age participants.
- AIESEC Latvia: Global youth-led organization offering leadership development, volunteering, and professional internships. Overlaps with Young Folks' youngster (16+) programs including business incubator, Erasmus+, and career orientation offerings.
- Scouts of Latvia: Latvian scouting association providing non-formal education, youth mentorship, and interest-based activities. Closely comparable to Young Folks' teen club model with interest clubs, peer mentorship, and character development focus.
Broad incumbents
- Latvian Red Cross: National humanitarian organization providing refugee and migrant assistance, food aid, and emergency relief. Comparable to Young Folks' refugee work in target beneficiary profile and service delivery, but with significantly larger institutional footprint.
- Caritas Latvia: Catholic charity organization providing humanitarian aid and social services in Latvia. Operates refugee assistance programs comparable to Young Folks' Help Center and clothing distribution, with broader scale and institutional backing.
- SOS Children's Villages Latvia: Child welfare organization supporting vulnerable children and youth in Latvia. Comparable to Young Folks' youth development mission but focused on at-risk populations through residential and family-strengthening programs.
- YMCA Latvia: Latvian chapter of the global YMCA movement, providing youth programs, non-formal education, and community development. Directly comparable mission to Young Folks LV's teen and youngster programs, though operating as part of a much larger international federation.
Regional players
- Alternative Education Academy Latvia: Latvian organization supporting alternative and non-formal education approaches for youth. Comparable in the non-formal education space and methodological approach, though with a stronger pedagogical/research orientation.
Emerging players
- Riga Art Space: Riga-based community art education space offering courses, workshops, and studio access. Comparable to Young Folks' KARTON art studio and YUMTA workshop rental services, with similar target audience of aspiring artists and art enthusiasts.
Market position
Strengths4 records
Weaknesses2 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Young Folks LV social profiles
Digital presenceYoung Folks LV financial estimates
Financial estimateRevenue estimate
Valuation estimate
Young Folks LV leadership team
Management profileNumber of profiles
Profiles1 record
Young Folks LV funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Young Folks LV M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Young Folks LV
What does Young Folks LV do?
Young Folks LV is a Riga-based non-profit youth organization operating non-formal education programs and interest-based community clubs for children, teenagers, and young adults in Latvia. It runs the KARTON art studio offering drawing, graphic design, and creative courses; the Sayit.ring custom-engraved jewelry social enterprise; the YUMTA artists' workshop rental space; and since May 2022, the Refugee Help Center providing transit assistance to Ukrainian refugees passing through Riga.
Is Young Folks LV a public or private company?
Young Folks LV is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Young Folks LV founded?
Young Folks LV was founded in -1. It employs 11 to 50 people.
Where is Young Folks LV based?
Young Folks LV is headquartered in Riga, Latvia, in the Europe region.
How does Young Folks LV make money?
Five revenue lines are on record. Club Membership Fees are the primary driver. The others are merchandise Sales (Sayit.ring), art Course Fees, donations and studio Rental (YUMTA).
Who are Young Folks LV's main competitors?
Direct peers on record are Junior Achievement Latvia, 4-H Latvia, AIESEC Latvia and Scouts of Latvia. Broad incumbents are Latvian Red Cross, Caritas Latvia, SOS Children's Villages Latvia and YMCA Latvia. Alternative Education Academy Latvia is listed as a regional player. Riga Art Space is listed as an emerging player.
Does Young Folks LV have an API?
No public API is recorded for Young Folks LV.
What industry is Young Folks LV in?
Young Folks LV's product category is Youth Non-formal Education Services. Its primary akta.pro industry code is EDAAAFAN, Youth-to-Adult Transition & Life Skills (Independent Living, Soft Skills), with a secondary code of EDAJAGAH, Newcomer & Refugee Student Support Programs. Its NAICS code is 611 and its SIC code is 8200.