Overview
What is International Youth Fellowship Educational Foundation?
The International Youth Fellowship Educational Foundation is a nonprofit organization that specializes in music education. Located within a faith-based environment, their mission is to nurture talented musicians, regardless of their financial situation. By offering conservatory-style programs, they make high-quality music education accessible to the underprivileged. Their activities primarily revolve around providing educational services, with a focus on fostering intellectual growth alongside musical development.
Official website here: www.mahanaim.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The International Youth Fellowship Educational Foundation has achieved an impressive 96% rating from Charity Navigator, reflecting strong performance in accountability and finance. This high score indicates a commitment to transparency and responsible management of resources, essential for fostering trust among donors and stakeholders.
One of the organization's notable strengths is its governance structure, with 100% of its board members being independent, which enhances accountability and oversight. Additionally, the foundation has implemented comprehensive policies, including conflict of interest and whistleblower policies, to ensure ethical operations. The financial health of the nonprofit is also substantiated by a low liabilities-to-assets ratio and a substantial program expense ratio, demonstrating that a considerable portion of funds is directed towards its mission.
While the organization excels in accountability and finance, no specific information regarding program impact or user feedback was provided. This absence highlights the importance of not only financial metrics but also the effectiveness of their programs in creating meaningful change in the community they serve.
This AI summary has been generated from information found on Charity Navigator.
Is International Youth Fellowship Educational Foundation legitimate?
International Youth Fellowship Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Youth Fellowship Educational Foundation 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: $355,310
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Official website here: www.mahanaim.com
What is the mission statement of International Youth Fellowship Educational Foundation?
The International Youth Fellowship Educational Foundation's mission is centered around providing top-notch music education, fostering excellence in musicians. This is achieved by offering music programs that emphasize the development of the mind within a faith-based environment. The foundation prioritizes talent over financial ability, thereby making a conservatory-style education accessible to those who may otherwise be underserved. In essence, the foundation's goal is to provide a nurturing environment where aspiring musicians can hone their skills and reach their full potential.
Official website here: www.mahanaim.com
Who is the CEO of International Youth Fellowship Educational Foundation?
Park Yeong Kook is the Director of International Youth Fellowship Educational Foundation.
Official website here: www.mahanaim.com
What is the revenue of International Youth Fellowship Educational Foundation?
International Youth Fellowship Educational Foundation's revenue in 2022 was $1,143,033.
Official website here: www.mahanaim.com
Who are the executives of International Youth Fellowship Educational Foundation and what are their salaries?
The average compensation at International Youth Fellowship Educational Foundation during 2022 was $9,870. There are 36 employees at International Youth Fellowship Educational Foundation.
Here are 5 key members and their salaries:
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Official website here: www.mahanaim.com
Where can I find the form 990 for International Youth Fellowship Educational Foundation?
International Youth Fellowship Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mahanaim.com
Learn more at the official website: www.mahanaim.com
Mission Statement of International Youth Fellowship Educational Foundation
The International Youth Fellowship Educational Foundation is dedicated to providing quality music education in a faith-based setting. This nonprofit organization aims to identify and nurture talented musicians, offering them a conservatory-style education, regardless of their financial capabilities. By doing so, the International Youth Fellowship Educational Foundation makes this type of education accessible to the underserved population. Their mission is grounded in the belief that education should not only develop musical skills but also foster intellectual growth, creating well-rounded individuals.
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Impact
October, 2024
The International Youth Fellowship Educational Foundation creates significant impact by providing access to high-quality music education for underserved communities. Through its comprehensive music programs, it cultivates talent and fosters excellence in musicianship within a supportive, faith-based environment. By focusing on individual potential rather than financial circumstances, the foundation empowers young people to pursue their musical passions and develop their skills. This approach not only enriches the participants' artistic talents but also contributes to their personal growth and confidence, ultimately transforming lives and communities through the power of music education.
This information is meant to be a general summary of International Youth Fellowship Educational Foundation. 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.
- Program Service Revenue: $1,043,668
- Gross Receipts: $1,143,033
Assets and Liabilities:
- Total Assets: $12,532,554
- Total Liabilities: $2,133,598
- Net Assets: $10,398,956
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITIONS, PROGRAM INCOME/FEES
Revenue
$1,043,668
Organization Details
Founding Year
2007
Phone
(631) 935-1192Principal Officer
Park Yeong Kook
Main Address
300 NASSAU ROAD, HUNTINGTON, NY, 11743
Website
www.mahanaim.comNTEE Category
Code: B60 - Education
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