Overview
What is Youth Development Initiatives?
Youth Development Initiatives (YDI) is a nonprofit organization located in Charlotte, North Carolina. Their primary mission is to support underprivileged, under-served, and at-risk teenagers aged 14-18 by providing them with career guidance and life skills training. This holistic approach equips these youth with vital social-emotional, career planning, and job skills, enabling them to break the cycle of poverty. As per their strategic program evaluation, approximately 93% of YDI participants successfully or satisfactorily completed vocational skill-building services. YDI Academy is one of their operating names, and they currently have a team of 9 dedicated individuals.
Official website here: www.ydiinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96%
Youth Development Initiatives has earned a Four-Star out of Four Star rating from Charity Navigator, indicating a strong commitment to accountability and financial transparency. This high score is derived entirely from their Accountability & Finance beacon, reflecting well on their governance practices and overall financial health.
The organization boasts a 100% independent board with eight members, demonstrating a robust structure for oversight. They have maintained a solid financial footing, with a low liabilities-to-assets ratio of 0.26%, and a program expense ratio of 82.94%, indicating that a significant portion of their funds is directed towards their programs rather than administrative costs.
Despite the strengths highlighted, the summary does not indicate specific programmatic achievements or impact data, which would provide further insight into the effectiveness of their initiatives. However, the established policies and financial metrics suggest that they are well-managed and focused on their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Youth Development Initiatives legitimate?
Youth Development Initiatives is a legitimate nonprofit organization registered as a 501(c)(3) entity. Youth Development Initiatives 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: $72,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $229,258
For more financial information, click here
Official website here: www.ydiinc.org
What is the mission statement of Youth Development Initiatives?
Youth Development Initiatives, or YDI, aims to assist underprivileged, underserved, and at-risk teenagers aged 14-18. Their mission is to provide these youth with an individualized development process that includes life skills training and real-world work experiences. This process is designed to enhance their upward mobility.
Through YDI's programs, disadvantaged teens receive hope and guidance. They are offered career advice and life skill training, leading to the creation of pathway plans that help them transition out of poverty. After-school, the organization engages these youth in evidence-based mentoring and life skills training. During this time, they develop essential social-emotional, career planning, and job skills. Additionally, they gain critical real-world work experiences and opportunities to build social capital.
Official website here: www.ydiinc.org
Who is the CEO of Youth Development Initiatives?
Darryl Bego is the Executive Director of Youth Development Initiatives.
Official website here: www.ydiinc.org
What is the revenue of Youth Development Initiatives?
Youth Development Initiatives's revenue in 2023 was $943,717.
Official website here: www.ydiinc.org
Who are the executives of Youth Development Initiatives and what are their salaries?
The average compensation at Youth Development Initiatives during 2023 was $33,473. There are 9 employees and 7 volunteers at Youth Development Initiatives.
Here are 7 key members and their salaries:
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- Compensation: $72,108
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- Other: $15,190
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- Other: $0
Official website here: www.ydiinc.org
Where can I find the form 990 for Youth Development Initiatives?
Youth Development Initiatives's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ydiinc.org
Learn more at the official website: www.ydiinc.org
Mission Statement of Youth Development Initiatives
Youth Development Initiatives (YDI) is committed to uplifting underprivileged, underserved, and at-risk teenagers by providing them with an individualized development process. The organization's mission is to instill hope and guidance in these disadvantaged adolescents aged between 14 and 18, through career advice and life skill training. This comprehensive approach results in the creation of pathway plans that serve as a means to escape poverty.
Youth Development Initiatives engages with these teenagers beyond the school hours, offering evidence-based mentoring and life skills training. During this process, the youth develop essential social-emotional, career planning, and job skills. Moreover, they gain valuable real-world work experiences and social capital-building opportunities. Through these initiatives, YDI aims to empower its beneficiaries, equipping them with the tools necessary to navigate their future successfully.
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Impact
October, 2024
Youth Development Initiatives (YDI) has a significant impact on empowering underprivileged, underserved, and at-risk teens by providing them with critical life skills and real-world work experiences. In the year ending June 30, 2023, YDI successfully served 236 youth, with an impressive 92.7% of participants completing vocational skill-building services as intended.
Through individualized development processes, YDI engages teens aged 14-18 in after-school mentoring programs that focus on social-emotional learning, career planning, and job skills. This holistic approach not only equips them with the necessary skills to navigate their future careers but also fosters essential social capital. As a result, participants create pathway plans that guide them out of poverty, giving hope and direction to a demographic that often faces significant barriers. The comprehensive support provided by YDI enables these young individuals to enhance their upward mobility and achieve better outcomes in life.
This information is meant to be a general summary of Youth Development Initiatives. 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: $7,747
- Gross Receipts: $943,717
Assets and Liabilities:
- Total Assets: $535,639
- Total Liabilities: $1,394
- Net Assets: $534,245
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Organization Details
Founding Year
2005
Phone
(704) 562-3806Principal Officer
Darryl Bego
Main Address
PO BOX 480480, CHARLOTTE, NC, 28269
Website
www.ydiinc.orgNTEE Category
Code: O50 - Youth development
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