Overview
What is Young Men's Christian Association Of Columbus Et Al Trust?
The Young Men's Christian Association of Columbus Et Al Trust is a nonprofit organization committed to supporting local children's services. They accomplish this goal by providing resources both financially and non-financially. The trust financially assists various exempt organizations as outlined in their documents, with notable recipients including the Salvation Army, Main Street Presbyterian Church, and Palmer Home For Children, an orphanage. By offering such support, the Young Men's Christian Association of Columbus Et Al Trust aims to contribute positively to the well-being and development of children in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (53%)
The Young Men's Christian Association Of Columbus Et Al Trust has received a low rating of 53%, earning it a One-Star out of Four Stars designation based solely on its Accountability & Finance metrics. This low score reflects significant concerns regarding governance and transparency, as the organization has no independent board members and several key policies are missing, including those for conflict of interest and whistleblowing.
Despite these governance issues, the organization shows a positive aspect with a strong program expense ratio of 73.36%, indicating that a significant portion of its funds is directed towards its mission-related activities. Additionally, they have maintained a low liabilities to assets ratio, showcasing financial stability in that regard. However, the lack of basic operational policies raises questions about the overall management practices within the organization.
Overall, while the YMCA of Columbus demonstrates some strengths in program funding and financial stability, the absence of independent oversight and essential governance policies presents notable limitations that could impact stakeholder trust and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Young Men's Christian Association Of Columbus Et Al Trust legitimate?
Young Men's Christian Association Of Columbus Et Al Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Men's Christian Association Of Columbus Et Al Trust 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
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What is the mission statement of Young Men's Christian Association Of Columbus Et Al Trust?
The Young Men's Christian Association of Columbus Et Al Trust operates with a mission to support local children's services. They accomplish this goal through both monetary and non-monetary means. The trust's funds are distributed to various exempt organizations, as outlined in the trust documents. Among the organizations they support are the Salvation Army, the Main Street Presbyterian Church, and Palmer Home For Children, an orphanage. The trust's activities are centered around enhancing the well-being of local children and providing necessary aid to organizations that share this mission.
What is the revenue of Young Men's Christian Association Of Columbus Et Al Trust?
Young Men's Christian Association Of Columbus Et Al Trust's revenue in 2023 was $88,088.
Who are the executives of Young Men's Christian Association Of Columbus Et Al Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Young Men's Christian Association Of Columbus Et Al Trust?
Young Men's Christian Association Of Columbus Et Al Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Young Men's Christian Association Of Columbus Et Al Trust
The Young Men's Christian Association of Columbus Et Al Trust is a philanthropic organization with a mission to support local children's services. It achieves this objective through both monetary and non-monetary means. The trust distributes funds to a variety of exempt organizations that align with its objectives, as outlined in its trust documents. Among the organizations it supports are the Salvation Army, the Main Street Presbyterian Church, and Palmer Home for Children, an orphanage. The Young Men's Christian Association of Columbus Et Al Trust's mission is to contribute to the well-being of local children by providing financial and non-financial resources to organizations that share its commitment to this cause.
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Impact
October, 2024
The Young Men's Christian Association of Columbus Et Al Trust significantly impacts the community by providing essential support to local children's services. Through both monetary and non-monetary contributions, the Trust plays a vital role in enhancing the well-being of youth in Columbus, MS.
It facilitates funding for organizations like the Salvation Army and Palmer Home for Children, ensuring that vulnerable children receive necessary resources and care. By supporting these organizations, the Trust helps foster safer environments, promote educational opportunities, and improve overall quality of life for local children and their families. Additionally, partnerships with community entities, such as the Main Street Presbyterian Church, further amplify their efforts in addressing pressing needs within the community. Overall, the Trust's commitment to philanthropy directly translates to meaningful assistance and positive outcomes for children in the area.
This information is meant to be a general summary of Young Men's Christian Association Of Columbus Et Al Trust. 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 2023.
- Investment Income: $27,174
- Gross Receipts: $350,677
Assets and Liabilities:
- Total Assets: $1,101,403
- Total Liabilities: $0
- Net Assets: $1,101,403
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Organization Details
Founding Year
1992
Principal Officer
John Davis
NTEE Category
Code: T90Z - Philanthropy
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