Overview
What is Leaders Of Tomorrow Youth Center Inc?
Leaders of Tomorrow Youth Center Inc is a nonprofit organization that focuses on instilling leadership skills in young individuals. Based in Maryland and D.C., they achieve this through various partnerships with schools and districts, offering arts programs. Their mission is to empower youth by teaching them the essentials of leadership, inspiring them to utilize their talents and strengths for personal growth and achieving balance in life. Through school-based, after-school, and summer programs, they offer opportunities for thousands of underserved youth, fostering their development.
Official website here: www.ltyc.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%
Leaders Of Tomorrow Youth Center Inc has received a Two-Star out of Four Star rating from Charity Navigator, primarily based on its Accountability & Finance metrics. The organization stands out for its fully independent board, indicating strong governance, and it has demonstrated responsible financial practices through an audit and the absence of any material diversion of assets.
However, there are notable limitations in the organization's policies, particularly the lack of a conflict of interest policy and a whistleblower policy, which are essential for ensuring transparency and accountability. Additionally, while the program expense ratio is solid, the liabilities to assets ratio is considered a concern, indicating potential financial risks that could affect long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Leaders Of Tomorrow Youth Center Inc legitimate?
Leaders Of Tomorrow Youth Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leaders Of Tomorrow Youth Center 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: $180,302
Professional Fundraising Fees: $0
Other Salaries and Wages: $38,523
For more financial information, click here
Official website here: www.ltyc.net
What is the mission statement of Leaders Of Tomorrow Youth Center Inc?
The Leaders Of Tomorrow Youth Center Inc's mission is centered around teaching young individuals the fundamentals of leadership. This organization encourages these youth to utilize their unique talents and strengths to foster success and maintain balance in their lives. Through partnerships with schools and various districts in Maryland and D.C., the center offers arts programs that provide numerous growth opportunities for underserved youth, both during and after school hours, as well as during the summer.
Official website here: www.ltyc.net
Who is the CEO of Leaders Of Tomorrow Youth Center Inc?
Dermell M Brunson is the Executive Director of Leaders Of Tomorrow Youth Center Inc.
Official website here: www.ltyc.net
What is the revenue of Leaders Of Tomorrow Youth Center Inc?
Leaders Of Tomorrow Youth Center Inc's revenue in 2021 was $2,054,961.
Official website here: www.ltyc.net
Who are the executives of Leaders Of Tomorrow Youth Center Inc and what are their salaries?
The average compensation at Leaders Of Tomorrow Youth Center Inc during 2021 was $72,942. There are 3 employees and 10 volunteers at Leaders Of Tomorrow Youth Center Inc.
Here are 15 key members and their salaries:
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Official website here: www.ltyc.net
Where can I find the form 990 for Leaders Of Tomorrow Youth Center Inc?
Leaders Of Tomorrow Youth Center Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.ltyc.net
Learn more at the official website: www.ltyc.net
Mission Statement of Leaders Of Tomorrow Youth Center Inc
Leaders of Tomorrow Youth Center, a nonprofit organization, is dedicated to instructing young individuals on the essentials of leadership. The center encourages these youth to harness their inherent abilities and strengths, advocating for success and balance in their lives. Through strategic partnerships with schools and various districts in Maryland and D.C., Leaders of Tomorrow Youth Center's arts programs are widely accessible in various communities. These programs, offered during school hours, after school, and during the summer, provide numerous opportunities for personal growth and development to thousands of underserved youth.
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Impact
October, 2024
Leaders Of Tomorrow Youth Center Inc significantly impacts the lives of underserved youth by providing valuable leadership training and development opportunities. Through comprehensive programs that focus on the fundamentals of leadership, participants are empowered to recognize and utilize their unique gifts and strengths. This not only helps them achieve personal success but also cultivates a sense of balance in their lives.
The organization's reach extends throughout Maryland and D.C., where it partners with schools and community districts to offer school-based, after-school, and summer programs. These initiatives enable thousands of young individuals to engage in meaningful activities and experiences that foster growth and personal development. As a result, participants are equipped with essential leadership skills that can positively influence their future endeavors and community engagement, creating a ripple effect of success.
This information is meant to be a general summary of Leaders Of Tomorrow Youth Center 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 2021.
- Investment Income: $81
- Program Service Revenue: $1,797,482
- Gross Receipts: $2,054,961
Assets and Liabilities:
- Total Assets: $636,888
- Total Liabilities: $476,732
- Net Assets: $160,156
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE
Revenue
$1,797,482
Organization Details
Founding Year
2006
Phone
(443) 261-5892Principal Officer
Dermell M Brunson
Main Address
PO BOX 1213, OWINGS MILLS, MD, 21117
Website
www.ltyc.netNTEE Category
Code: O20 - Youth development
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