Overview
What is Sparkyouth Nyc Inc?
Sparkyouth Nyc Inc is a nonprofit organization situated in New York City, specifically at 444 Madison Ave 6th Floor, New York, NY 10022. Their primary mission is to foster growth in community-based programs, expanding opportunities for the youth of New York City. Established 29 years ago, Sparkyouth has been investing in organizations at a critical juncture, utilizing a unique model that aids nonprofits in building their infrastructure, enhancing sustainability, and expanding their reach to under-resourced communities in New York City. Their member organizations excel in various areas, such as sports, STEM, arts, leadership, civic engagement, and community development, empowering future leaders. Sparkyouth offers multi-year, unrestricted financial support, along with professional and technical assistance, to help organizations focus on strategic planning, impact evaluation, and leadership development. In addition, they conduct professional development workshops and assist with program expansion and development, while introducing partner organizations to other major funders of NYC youth development programs. With a workforce of 4 individuals, Sparkyouth Nyc Inc is committed to enriching the lives of young people in New York City.
Official website here: www.sparkyouthnyc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Sparkyouth Nyc Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating a strong performance in the areas of accountability and finance. The rating is based entirely on their exemplary practices, particularly highlighting their 100% independent board members and strong financial oversight, which reflects a commitment to transparency and effective governance.
The organization has demonstrated a solid financial structure, with 86.53% of its expenses allocated to programs, suggesting that the majority of its funding directly supports its mission. Additionally, the lack of any material diversion of assets showcases their responsible management of resources, ensuring that donations are utilized effectively for their intended purposes.
While the data presents a positive view of their governance and financial health, specific information regarding their programs' impact and community feedback is not provided. This limitation prevents a fuller understanding of their effectiveness in serving their target population, but the strong accountability measures in place suggest a reliable organization.
This AI summary has been generated from information found on Charity Navigator.
Is Sparkyouth Nyc Inc legitimate?
Sparkyouth Nyc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sparkyouth Nyc 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: $200,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $230,030
For more financial information, click here
Official website here: www.sparkyouthnyc.org
What is the mission statement of Sparkyouth Nyc Inc?
Sparkyouth Nyc Inc, formerly known as the Catalog for Giving Inc, is a non-profit organization that fosters growth in community-based programs to broaden opportunities for young people. Their mission is to ignite expansion in these initiatives, ultimately benefiting the youth from under-resourced communities in New York City. They achieve this by providing multi-year, unrestricted financial support alongside professional and technical assistance, assisting organizations in strategic planning, impact evaluation, and leadership development. Through various fundraising efforts, Sparkyouth Nyc Inc distributes grants to its member organizations, which are leading youth-centered non-profits utilizing sports, STEM, arts, leadership, civic engagement, and community to stimulate the potential of the city's future leaders. Additionally, Sparkyouth Nyc Inc supports its member organizations by running professional development workshops, consulting on program expansion and development, and introducing them to other major funders of NYC youth development programs.
Official website here: www.sparkyouthnyc.org
Who is the CEO of Sparkyouth Nyc Inc?
Matthew Lazar is the Executive Director of Sparkyouth Nyc Inc.
Official website here: www.sparkyouthnyc.org
What is the revenue of Sparkyouth Nyc Inc?
Sparkyouth Nyc Inc's revenue in 2022 was $1,894,648.
Official website here: www.sparkyouthnyc.org
Who are the executives of Sparkyouth Nyc Inc and what are their salaries?
The average compensation at Sparkyouth Nyc Inc during 2022 was $107,508. There are 4 employees and 25 volunteers at Sparkyouth Nyc Inc.
Here are 23 key members and their salaries:
- Compensation: $200,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.sparkyouthnyc.org
Where can I find the form 990 for Sparkyouth Nyc Inc?
Sparkyouth Nyc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sparkyouthnyc.org
Learn more at the official website: www.sparkyouthnyc.org
Mission Statement of Sparkyouth Nyc Inc
Sparkyouth Nyc Inc, previously known as the Catalog for Giving, is a nonprofit organization with a mission to foster growth in community-based programs. Their primary goal is to expand opportunities for the young people of New York City. They achieve this by investing in organizations at a pivotal moment in their development, utilizing a unique model that helps nonprofits strengthen their infrastructure, increase sustainability, and broaden their reach to serve more under-resourced communities in New York City. The organizations that Sparkyouth Nyc Inc supports are distinguished for their commitment to empowering youth through various platforms such as sports, STEM, arts, leadership, civic engagement, and community engagement.
Sparkyouth Nyc Inc's approach is multifaceted. They provide their member organizations with multi-year, unrestricted financial support, in addition to offering professional and technical assistance. This assistance aids organizations in strategic planning, impact evaluation, and leadership development. By offering this holistic support, Sparkyouth Nyc Inc enables its member organizations to effectively invest in the well-being and future of the young people in their communities.
In essence, Sparkyouth Nyc Inc serves as a catalyst for growth and opportunity for community-based youth organizations in New York City. Their mission is to ignite the potential within these organizations, enabling them to provide comprehensive support and services to the city's young people, empowering them to become the future leaders of their communities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Sparkyouth Nyc Inc ignites growth in community-based programs to expand opportunities for the young people of New York City. For 29 years, Sparkyouth has invested in organizations at a pivotal moment in their trajectory, providing multi-year, unrestricted financial support and key professional and technical assistance. Their unique model helps organizations build infrastructure, increase sustainability, and reach more young people from under-resourced communities in NYC. Sparkyouth's member organizations represent the best of youth-centered initiatives, using sports, STEM, the arts, leadership, civic engagement, and community to empower future leaders. Through fundraising efforts and grant distributions, Sparkyouth supports program expansion, development, and professional growth in the youth development sector of NYC.
This information is meant to be a general summary of Sparkyouth Nyc 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: $2,809
- Gross Receipts: $2,289,936
Assets and Liabilities:
- Total Assets: $1,678,632
- Total Liabilities: $9,958
- Net Assets: $1,668,674
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1994
Phone
(212) 743-7160Principal Officer
Matthew Lazar
Main Address
444 MADISON AVE 6TH FLOOR, NEW YORK, NY, 10022
Website
www.sparkyouthnyc.orgNTEE Category
Code: I83Z - Crime
If you are a representative of Sparkyouth Nyc Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.