Overview
What is Young Peoples Leadership Foundation Inc?
The Young Peoples Leadership Foundation Inc, situated in New York City, is a nonprofit organization dedicated to empowering individuals with exceptional abilities but limited financial means. They grant scholarships, funds, and stipends to such individuals, enabling them to pursue education or engage in enriching extracurricular activities. Additionally, the foundation provides direct grants to schools, community-oriented organizations, and entities offering education-related programs or services. By supporting these entities, the foundation aims to provide opportunities for growth and success for individuals from underrepresented, underprivileged, or underserved backgrounds. The Young Peoples Leadership Foundation Inc also collaborates with local organizations to offer internships, scholarships, and college preparation programs. One of their notable achievements includes funding the construction of a library in Upstate New York's Finger Lakes region, which has since benefited the local community and fostered educational programs for young people.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, Two-Star out of Four Star rating.
The Young Peoples Leadership Foundation Inc has received a 66% score, resulting in a Two-Star rating, which signifies average performance in terms of accountability and finance. The organization has demonstrated a strong governance structure, achieving perfect scores for having a fully independent board and policies on conflicts of interest, document retention, and board meeting documentation.
However, the foundation's program expense ratio is notably low at 53.35%, which indicates that less than a majority of its expenses are directed towards its programs. This could raise concerns about the effectiveness of resource allocation and the impact of its initiatives. Overall, while the organization showcases solid governance practices, its financial management regarding program expenses could be improved.
This AI summary has been generated from information found on Charity Navigator.
Is Young Peoples Leadership Foundation Inc legitimate?
Young Peoples Leadership Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Peoples Leadership Foundation 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Young Peoples Leadership Foundation Inc?
The Young People's Leadership Foundation Inc's mission is to aid individuals with above-average abilities but lacking financial means to attend school or participate in enriching extracurricular activities. The foundation awards scholarships, grants, and stipends to such individuals, as well as grants to organizations providing education-related programs. The primary goal is to benefit individuals from underrepresented, underprivileged, or underserved backgrounds, with the aim of helping tomorrow's young leaders acquire the education and skills needed to achieve their goals. The foundation also supports schools, community-oriented 501(C)(3) organizations, and other entities offering educationally enriching programs or services.
Who is the CEO of Young Peoples Leadership Foundation Inc?
Steven Jones is the President (As Of 8/22) of Young Peoples Leadership Foundation Inc.
What is the revenue of Young Peoples Leadership Foundation Inc?
Young Peoples Leadership Foundation Inc's revenue in 2022 was $36,418.
Who are the executives of Young Peoples Leadership Foundation Inc and what are their salaries?
There 3 volunteers at Young Peoples Leadership Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Young Peoples Leadership Foundation Inc?
Young Peoples Leadership Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Young Peoples Leadership Foundation Inc
Young Peoples Leadership Foundation Inc is dedicated to assisting individuals with above-average abilities who lack the financial means to attend school or participate in enriching extracurricular programs. The foundation's primary mission is to award scholarships, grants, and stipends to these individuals, recognizing their potential and providing them with the necessary financial support to pursue their educational goals.
Beyond individual support, Young Peoples Leadership Foundation Inc also extends its aid to schools, community-oriented 501(c)(3) organizations, and other entities that offer education-related programs or services. By doing so, the foundation aims to provide a wider range of opportunities for underrepresented, underprivileged, or underserved individuals. The foundation's vision is that by investing in these young leaders, they will be equipped with the education and skills needed to achieve their goals and make a positive impact in their communities.
In essence, Young Peoples Leadership Foundation Inc serves as a beacon of hope and opportunity for those who may not have had the chance to pursue their education due to financial constraints. By providing financial aid, the foundation is investing in the future leaders of tomorrow, ensuring that they have the tools they need to succeed and make a difference in the world.
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Impact
August, 2024
Young Peoples Leadership Foundation Inc's impact is significant in providing opportunities for individuals with above-average abilities but without financial means to attend school or participate in educationally-enriching extracurricular programs. The foundation awards scholarships, grants, and stipends to support these individuals in accessing education and developing their skills for future success. Additionally, the foundation also supports schools, community-oriented organizations, and other entities that offer education-related programs, benefiting underrepresented, underprivileged, and underserved individuals.
One notable accomplishment of the foundation is funding the construction of a local library in upstate New York's Finger Lakes region. This library has become a valuable resource for the community, particularly focusing on programs for young people and education. Moreover, the foundation is actively working on partnerships with local organizations to provide internship opportunities, scholarships, and college preparation programs, further assisting young leaders in achieving their goals.
This information is meant to be a general summary of Young Peoples Leadership Foundation Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $36,418
- Gross Receipts: $229,534
Assets and Liabilities:
- Total Assets: $964,661
- Total Liabilities: $0
- Net Assets: $964,661
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Organization Details
Founding Year
1975
Phone
(212) 967-1100Principal Officer
Steven Jones
Main Address
157 E 86TH ST 4FL, NEW YORK, NY, 10028
NTEE Category
Code: B82 - Education
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