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Washington Youth Foundation

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

EIN: 030495808 ✦ Gaithersburg, MD ✦ Designated as a 501(c)(3)

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Overview

What is Washington Youth Foundation?

The Washington Youth Foundation, situated in Gaithersburg, Maryland, is a nonprofit organization committed to supporting multi-cultural youth. Their primary mission involves offering after-school academic tutoring to help these young individuals catch up on their school curriculum. Beyond academics, they also provide mentoring and social services to foster a positive spirit and guide their future aspirations. With a team of three dedicated individuals, the foundation aims to make a meaningful impact on the lives of these youth.


Official website here: www.wyfusa.org

Is Washington Youth Foundation legitimate?

Washington Youth Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington Youth Foundation 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $77,240
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,920

For more financial information, click here


Official website here: www.wyfusa.org

What is the mission statement of Washington Youth Foundation?

The Washington Youth Foundation's mission is centered around providing after-school support to a diverse group of youth. This support encompasses educational tutoring to help them catch up on their curriculum, mentoring to guide their life goals, and social services to address their various needs. The foundation aims to inspire a healthy spirit in these youth, thereby empowering them to pursue their aspirations effectively.


Official website here: www.wyfusa.org

Who is the CEO of Washington Youth Foundation?

Bumsoo Kim is the Excutive Offier of Washington Youth Foundation.


Official website here: www.wyfusa.org

What is the revenue of Washington Youth Foundation?

Washington Youth Foundation's revenue in 2023 was $224,936.


Official website here: www.wyfusa.org

Who are the executives of Washington Youth Foundation and what are their salaries?

The average compensation at Washington Youth Foundation during 2023 was $35,387. There are 3 employees at Washington Youth Foundation.


Here are 2 key members and their salaries:


Bumsoo Kim (Excutive Offier)
  • Compensation: $47,840
  • Related: $0
  • Other: $0
Min J Kim (Program Director)
  • Compensation: $29,400
  • Related: $0
  • Other: $0


Official website here: www.wyfusa.org

Where can I find the form 990 for Washington Youth Foundation?

Washington Youth Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.wyfusa.org

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

Mission Statement of Washington Youth Foundation

The Washington Youth Foundation is dedicated to uplifting the multi-cultural youth by providing them with after-school educational tutoring, mentoring, and social services. The organization's mission is to inspire a healthy spirit and foster the development of life goals among these young individuals. By offering after-school tutoring, the Foundation helps students catch up on their school curriculum, ensuring they stay on track with their education. Furthermore, the Foundation provides mentoring services to offer guidance and support, enhancing the overall well-being of the youth. Additionally, the Foundation offers social services, further enriching the lives of these young individuals and empowering them to reach their full potential.

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Impact




October, 2024

Washington Youth Foundation has a significant impact on multi-cultural youth in Gaithersburg, MD, by offering after-school educational tutoring and mentoring services. These programs are designed to help students catch up on their school curriculum, fostering both academic success and personal growth. By addressing the diverse needs of young individuals through holistic support, the foundation inspires a healthy spirit and encourages the pursuit of life goals. Through its dedicated efforts, the foundation plays a crucial role in nurturing the potential of youth, promoting resilience, and fostering a sense of community among participants.




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


Financials

This financial information is from Propublica.

Revenue
$224,936 (2023)
Expenses
$216,809 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $3,410
  • Gross Receipts: $224,936

Assets and Liabilities:

  • Total Assets: $41,491
  • Total Liabilities: $2,625
  • Net Assets: $38,866

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Programs

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

Visit Korea Program

Revenue

$3,410

After School Tutoring &
Mentoring

Organization Details

Founding Year

2002

Principal Officer

Bumsoo Kim

Main Address

7408 MUNCASTER MILL ROAD, GAITHERSBURG, MD, 20877

NTEE Category

Code: O20 - Youth development

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