Overview
What is Exalt Youth Inc?
Exalt Youth Inc is a dedicated nonprofit organization located in New York City, specifically at 17 Battery Place 307, New York, NY 10004. Their mission is to empower youth aged 15-19 who have been involved in the criminal justice system, offering them a pathway to a hopeful future. Exalt provides a comprehensive approach, including employment readiness and life skills training, paid internships in the youths' chosen fields, post-internship services, and an alumni network for ongoing support. The organization serves primarily male and female youth from disadvantaged backgrounds, tackling challenges such as multi-generational poverty, foster care involvement, low educational skills, and racial marginalization. Exalt's programs are funded through stipends to participating students, with a total of 31 employees working tirelessly to support this mission.
Official website here: www.exaltyouth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Exalt Youth Inc has achieved an impressive 97% overall rating on Charity Navigator, reflecting a strong commitment to accountability and finance management. The organization boasts a fully independent board, with all 15 members maintaining independence, which is critical for effective governance. Its financial practices are robust, with no material diversion of assets and a healthy liabilities-to-assets ratio, indicating sound fiscal management.
The nonprofit also demonstrates a high program expense ratio of 72.34%, meaning a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, its fundraising efficiency is commendable, with just $0.10 spent to raise each dollar, which highlights effective fundraising strategies.
Despite its strengths, a deeper dive into user feedback and community impact would further illuminate Exalt Youth's effectiveness in fulfilling its mission. Currently, the data points to a well-managed organization, but insights from those served could enhance the understanding of its overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Exalt Youth Inc legitimate?
Exalt Youth Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Exalt Youth 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: $663,052
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,379,530
For more financial information, click here
Official website here: www.exaltyouth.org
What is the mission statement of Exalt Youth Inc?
Exalt Youth Inc's mission is centered around uplifting the aspirations of youth who have been entangled with the criminal justice system. The organization aims to inspire these young individuals, particularly those between the ages of 15 and 19, to embrace their self-worth at a pivotal juncture in their lives. Exalt offers a comprehensive approach, incorporating structured skill development classes, personalized guidance to navigate the education and justice systems, paid internships, and a network of resources within an alumni community. This holistic approach equips these youth with the necessary tools and practical experience to steer clear of further involvement with the criminal justice system.
Official website here: www.exaltyouth.org
Who is the CEO of Exalt Youth Inc?
Gisele Castro is the Director of Exalt Youth Inc.
Official website here: www.exaltyouth.org
What is the revenue of Exalt Youth Inc?
Exalt Youth Inc's revenue in 2022 was $8,836,761.
Official website here: www.exaltyouth.org
Who are the executives of Exalt Youth Inc and what are their salaries?
The average compensation at Exalt Youth Inc during 2022 was $65,890. There are 31 employees and 13 volunteers at Exalt Youth Inc.
Here are 20 key members and their salaries:
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- Other: $29,772
Official website here: www.exaltyouth.org
Where can I find the form 990 for Exalt Youth Inc?
Exalt Youth Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.exaltyouth.org
Learn more at the official website: www.exaltyouth.org
Mission Statement of Exalt Youth Inc
Exalt Youth Inc, a nonprofit organization, is committed to empowering youth who have been entangled with the criminal justice system. The mission of Exalt Youth Inc is to raise the bar of personal achievement for young individuals aged between 15 and 19. By inspiring these youth at a pivotal juncture in their lives, the organization encourages them to have faith in their worth. The journey towards creating lasting behavioral change is supported by Exalt Youth Inc through structured educational classes, individualized assistance navigating the education and justice systems, placement in paid internships, and a network of resources within the alumni. This comprehensive approach equips the youth with the necessary tools and practical experiences, thereby reducing their likelihood of further involvement with the criminal justice system.
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Impact
October, 2024
Exalt Youth Inc empowers young individuals involved in the criminal justice system to envision a hopeful future and equips them with the tools to achieve it. The organization offers a holistic approach through four main components: employment readiness and life skills training, paid internships tailored to participants' interests, post-internship support, and an alumni network that continues to provide educational and career development resources.
Targeting youth aged 15-19, particularly those from New York City's most underserved areas, Exalt recognizes the numerous barriers these young people face, including multi-generational poverty, foster care involvement, and caregiving responsibilities. By addressing these challenges, Exalt fosters personal success and significant behavioral change, helping participants navigate complex systems and develop vital skills for future opportunities.
The direct financial support provided through stipends and internships underscores Exalt's commitment to investing in its participants. With nearly $862,000 allocated to stipends for 445 students, these funds not only assist youth financially but also validate their efforts and contributions in meaningful ways. The impact of Exalt Youth Inc is transformative, as it nurtures resilience, character development, and a clearer pathway to success for some of society's most vulnerable youth.
This information is meant to be a general summary of Exalt Youth 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: -$429
- Program Service Revenue: $61,538
- Gross Receipts: $8,998,323
Assets and Liabilities:
- Total Assets: $8,260,540
- Total Liabilities: $348,299
- Net Assets: $7,912,241
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Consulting revenue
Revenue
$61,538
Organization Details
Founding Year
2006
Phone
(347) 621-6100Principal Officer
Gisele Castro
Main Address
17 BATTERY PLACE 307, NEW YORK, NY, 10004
Website
www.exaltyouth.orgNTEE Category
Code: O50 - Youth development
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