Overview
What is The Father Peter G Young Jr Foundation Inc?
The Father Peter G Young Jr Foundation Inc, situated in Schnectady, New York, is a nonprofit organization dedicated to supporting programs and resources in the fields of alcohol and drug rehabilitation, alternatives to incarceration, and job training skills across New York State. The foundation manages and allocates resources to fund various initiatives in these areas, aiming to make a positive impact on numerous communities within the state.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 79%, Three-Star out of Four Star rating.
The Father Peter G Young Jr Foundation Inc has earned a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. With a score of 79%, the organization demonstrates effective management of its resources and maintains transparency in its operations. The presence of 100% independent board members and strong scores in governance policies, such as conflict of interest and whistleblower protections, reflect a commitment to ethical practices.
The organization excels in its financial health, with a low liabilities to assets ratio of 0.15% and a program expense ratio of 87.15%. This suggests that the majority of its expenses are directed towards fulfilling its mission rather than administrative costs, which is a positive indicator for donors looking for impactful contributions.
However, while the rating is favorable, it falls short of the highest ratings available, suggesting there may be areas for improvement. Ongoing efforts to enhance financial management and program effectiveness could further strengthen the foundation's standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Father Peter G Young Jr Foundation Inc legitimate?
The Father Peter G Young Jr Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Father Peter G Young Jr Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Father Peter G Young Jr Foundation Inc?
The Father Peter G Young Jr Foundation Inc's mission is centered around developing and managing resources to fund programs and services. These programs primarily focus on three areas: alcohol and drug rehabilitation, alternatives to incarceration, and job training skills. The foundation aims to assist and sponsor programs in these fields, working towards bettering lives and fostering personal growth throughout New York State.
Who is the CEO of The Father Peter G Young Jr Foundation Inc?
Peter Newkirk is the President of The Father Peter G Young Jr Foundation Inc. The CEO's salary of The Father Peter G Young Jr Foundation Inc is $0 and their total compensation is $0.
What is the revenue of The Father Peter G Young Jr Foundation Inc?
The Father Peter G Young Jr Foundation Inc's revenue in 2022 was $2,171,208.
Who are the executives of The Father Peter G Young Jr Foundation Inc and what are their salaries?
There 2 volunteers at The Father Peter G Young Jr Foundation Inc.
Here are 4 key members and their salaries (The Father Peter G Young Jr Foundation Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $55,609
- Other: $4,200
Where can I find the form 990 for The Father Peter G Young Jr Foundation Inc?
The Father Peter G Young Jr Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Father Peter G Young Jr Foundation Inc
The Father Peter G Young Jr Foundation Inc is dedicated to making a significant impact in various fields, primarily focusing on alcohol and drug rehabilitation, alternatives to incarceration, and job training skills. This nonprofit organization actively works towards funding and supporting programs that cater to these areas in New York State. By managing resources effectively, the foundation aims to provide assistance and sponsorship to numerous initiatives, ultimately contributing to the betterment of the communities they serve. Their mission is to promote recovery, offer alternatives to imprisonment, and equip individuals with essential job skills, thereby fostering a more rehabilitated and self-sufficient society.
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Impact
October, 2024
The Father Peter G. Young Jr. Foundation Inc. significantly contributes to the well-being of communities throughout New York State by developing and managing resources aimed at combating addiction and enhancing employment opportunities. The foundation focuses on funding programs in crucial areas such as alcohol and drug rehabilitation, providing individuals with the support they need to overcome substance abuse challenges.
Additionally, it plays a vital role in facilitating alternatives to incarceration, offering paths for rehabilitation rather than punishment. This is particularly impactful in addressing social justice issues and reducing recidivism rates among those facing legal troubles. Moreover, the foundation invests in job training skills, equipping individuals with the necessary tools to enter the workforce successfully, thereby promoting economic stability and independence.
Through its comprehensive approach, the foundation not only aids those recovering from addiction but also strengthens communities by reducing crime rates, fostering rehabilitation, and preparing individuals for a productive life.
This information is meant to be a general summary of The Father Peter G Young Jr Foundation 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: $4
- Gross Receipts: $2,201,962
Assets and Liabilities:
- Total Assets: $1,033,438
- Total Liabilities: $401
- Net Assets: $1,033,037
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Organization Details
Founding Year
2007
Phone
(518) 377-2448Principal Officer
Peter Newkirk
Main Address
428 DUANE AVE, SCHENECTADY, NY, 12304
NTEE Category
Code: Z99 - Unknown
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