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Teen Leadership Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208707656 ✦ Newport beach, CA ✦ Designated as a 501(c)(3)

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Overview

What is Teen Leadership Foundation?

The Teen Leadership Foundation, located in Newport Beach, California, is a public benefit organization dedicated to assisting and supporting at-risk foster teens before their emancipation. They accomplish this mission through various programs, including camp experiences, mentoring initiatives, wellness classes, housing provisions, and vocational training. Their primary goal is to contribute financially and promote their cause, ultimately aiming to make a difference in the lives of these vulnerable youths. The foundation employs a team of seven individuals to carry out these initiatives.


Official website here: www.none

What are the reviews and ratings of this charity?

Charity Navigator Rating: 37%

Teen Leadership Foundation (TLF) has received a low rating of 37% on Charity Navigator, which reflects significant concerns in areas of accountability and finance. While the organization boasts a 100% independent board composition, it lacks essential governance policies such as a conflict of interest policy and a whistleblower policy. Additionally, its program expense ratio is notably low at 42.62%, suggesting that a smaller portion of its budget is being allocated directly to programs compared to what is expected for a well-functioning nonprofit.

Despite these financial and governance challenges, user reviews from Great Nonprofits present a starkly positive view of TLF's impact. Many reviews highlight the transformative experiences foster youth gain through TLF's leadership camps and mentorship programs. Users commend the organization for its genuine commitment to empowering at-risk teens, emphasizing the positive changes in self-worth and life choices among participants.

Overall, while the financial and accountability metrics indicate areas needing improvement, the enthusiastic feedback from volunteers, board members, and clients served suggests that TLF is making a meaningful difference in the lives of foster youth. The organization's strong community impact and dedicated volunteer base reflect its potential to continue providing essential support to a vulnerable population, even as it navigates financial transparency and governance concerns.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Teen Leadership Foundation legitimate?

Teen Leadership Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Teen Leadership 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: $113,846
Professional Fundraising Fees: $0
Other Salaries and Wages: $118,017

For more financial information, click here


Official website here: www.none

What is the mission statement of Teen Leadership Foundation?

The Teen Leadership Foundation is a public benefit organization dedicated to providing aid and support to at-risk foster teens prior to their emancipation. They accomplish this mission through various programs, including camp experiences, mentoring sessions, wellness classes, and housing facilities. Furthermore, the foundation offers vocational training to help these teens prepare for their independent lives. The organization's primary goal is to empower and assist these vulnerable teens, aiming to equip them with the necessary skills and resources to thrive after emancipation.


Official website here: www.none

Who is the CEO of Teen Leadership Foundation?

Lisa Castetter is the President of Teen Leadership Foundation.


Official website here: www.none

What is the revenue of Teen Leadership Foundation?

Teen Leadership Foundation's revenue in 2023 was $493,400.


Official website here: www.none

Who are the executives of Teen Leadership Foundation and what are their salaries?

The average compensation at Teen Leadership Foundation during 2023 was $33,123. There are 7 employees at Teen Leadership Foundation.


Here are 3 key members and their salaries:


Lisa Castetter (President)
  • Compensation: $0
  • Related: $113,846
  • Other: $0
Randy Bergstedt (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Beshore (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.none

Where can I find the form 990 for Teen Leadership Foundation?

Teen Leadership Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.none

Learn more at the official website: www.none

Mission Statement of Teen Leadership Foundation

Teen Leadership Foundation, a public benefit organization, is dedicated to providing aid and support to at-risk foster teens before their emancipation. The foundation accomplishes this mission through various programs, including camp experiences, mentoring initiatives, and wellness classes. These activities are designed to empower and prepare these teens for their independent lives.

Beyond these programs, Teen Leadership Foundation also offers housing and vocational training to further support its beneficiaries. The organization's mission extends beyond just providing resources; it aims to counsel these at-risk teens, offering them guidance and motivation as they navigate their future. The ultimate goal is to help these teens transition successfully into adulthood, equipped with the skills and support they need to thrive.

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Impact




July, 2024

Teen Leadership Foundation's impact can be seen in the positive transformation of at-risk foster teens through their camp programs, mentoring initiatives, and wellness classes. By providing aid and support to these vulnerable individuals before their emancipation, the organization helps nurture their personal growth and development. Through initiatives like housing and vocational training, they empower these teens to build a better future for themselves. This focus on youth development creates a lasting impact on the lives of those they serve, offering hope and opportunities for a brighter tomorrow.




This information is meant to be a general summary of Teen Leadership 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.

Revenue
$493,400 (2023)
Expenses
$534,647 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,675
  • Gross Receipts: $493,400

Assets and Liabilities:

  • Total Assets: $1,908,062
  • Total Liabilities: $982,221
  • Net Assets: $925,841

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Organization Details

Founding Year

2008

Principal Officer

Lisa Castetter

Main Address

PO BOX 7342, NEWPORT BEACH, CA, 92658

Website

www.none

NTEE Category

Code: O50 - Youth development

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