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Youth Investment Foundation

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

EIN: 237058853 ✦ Medina, MN ✦ Designated as a 501(c)(3)

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Overview

What is Youth Investment Foundation?

The Youth Investment Foundation, established in 1970, is a Christ-centered organization situated in Medina, Minnesota. Its primary focus is to impact high-risk youth from suburban, urban, and small town communities. The foundation aims to foster new attitudes and behaviors in alienated youth by nurturing a growing faith in Christ, providing supportive staff counseling, and encouraging healthy relationships. The organization strives to instill a sense of purpose and belonging in youth, emphasizing self-worth, forgiveness, and freedom from guilt. It also fosters accountability and a balanced perspective of authority and freedom. Yearly, the foundation reaches around 1,200 youth through various activities, including small groups and one-on-one contacts. The foundation maintains and sponsors a camp and retreat center in northern Minnesota, where approximately 4,000 community youth are served annually, focusing on building self-esteem, accomplishment, caring, and a sense of contribution. The workcrew at the camp plays a significant role in connecting with youth participants and fostering self-growth. The foundation also offers get-aways for maturing youth, providing staff-led workshops and discussions on everyday life and faith. Additionally, the Youth Investment Foundation has community programs in various Minnesota and Iowa communities, primarily supported by individual contributions.


Official website here: www.timberbay.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Star Rating)

The Youth Investment Foundation has achieved a perfect score of 100% on Charity Navigator, reflecting exemplary performance in accountability and finance. This rating signifies the organization's strong commitment to transparency and responsible financial management, which are crucial for building trust with donors and stakeholders.

The organization boasts a fully independent board with a significant majority, ensuring that it operates with a high level of oversight and conflict of interest management. Its financial metrics are impressive, including a low liabilities to assets ratio and a high program expense ratio, indicating that a substantial portion of its funding is directed toward its programs rather than administrative costs.

While the organization excels in various financial aspects, maintaining this high level of efficiency and transparency is essential for continued success. Donors can feel confident knowing that their contributions are being managed effectively and are likely making a significant impact through the foundation's initiatives.


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

Is Youth Investment Foundation legitimate?

Youth Investment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Youth Investment 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: $238,148
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,727,173

For more financial information, click here


Official website here: www.timberbay.org

What is the mission statement of Youth Investment Foundation?

The Youth Investment Foundation's mission is centered around transforming the attitudes and behaviors of alienated youth. This transformation is facilitated through a growing faith in Christ, supportive staff mentoring, and the cultivation of healthy relationships. The organization aims to instill a sense of purpose and belonging in youth, emphasizing self-worth, forgiveness, and freedom from guilt. It also encourages accountability and a balanced perspective of authority and freedom. The Foundation reaches approximately 1,200 youth annually through various activities, including camps and one-on-one contacts. The camp, located in Northern Minnesota, serves approximately 4,000 youth from the community, with a focus on building self-esteem and a sense of contribution through a work crew. Get-aways for maturing youth provide workshops and discussions on everyday life and faith. Small groups allow peers with similar struggles to work together in various settings, including Bible study, drug aftercare, and care and share groups with trusted staff members. The Foundation also has community programs in various Minnesota and Iowa communities, primarily supported by individual contributions.


Official website here: www.timberbay.org

Who is the CEO of Youth Investment Foundation?

Jon Ring is the Coo/Vp/Treas of Youth Investment Foundation.


Official website here: www.timberbay.org

What is the revenue of Youth Investment Foundation?

Youth Investment Foundation's revenue in 2022 was $3,679,450.


Official website here: www.timberbay.org

Who are the executives of Youth Investment Foundation and what are their salaries?

The average compensation at Youth Investment Foundation during 2022 was $30,236. There are 65 employees at Youth Investment Foundation.


Here are 10 key members and their salaries:


Mark Ritchie (Coo/Vp/Treas)
  • Compensation: $80,254
  • Related: $0
  • Other: $0
Laura Tolifson (Corp Secreta)
  • Compensation: $58,088
  • Related: $0
  • Other: $0
Jon Ring (President)
  • Compensation: $99,806
  • Related: $0
  • Other: $0
John Prichard (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Vorderbruggen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rolf Jostad (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Gaalswyk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Gaalswyk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Hondlik (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Stephens (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.timberbay.org

Where can I find the form 990 for Youth Investment Foundation?

Youth Investment Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.timberbay.org

Learn more at the official website: www.timberbay.org

Mission Statement of Youth Investment Foundation

The Youth Investment Foundation, established in 1970, is a Christ-centered organization dedicated to making a positive impact on high-risk youth from suburban, urban, and small town communities. The foundation's primary mission is to foster new attitudes and behaviors in alienated youth by encouraging a growing faith in Christ, offering supportive staff mentoring, and promoting healthy relationships.

By emphasizing self-worth, forgiveness, and freedom from guilt, the foundation aims to instill a sense of purpose and belonging in these young individuals. The organization also strives to develop accountability and a balanced perspective of authority and freedom. Each year, the Youth Investment Foundation reaches an estimated 1,200 youth through various activities ranging from small group sessions to one-on-one contacts.

The foundation maintains and sponsors a camp and retreat center in Northern Minnesota, where they serve approximately 4,000 youth from the community. A major component of the camp is the WorkCrew, which focuses on building young people while simultaneously building the camp. The WorkCrew helps to boost self-esteem, foster a sense of accomplishment, and cultivate caring and a sense of contribution in the participating youth.

Get-aways are organized for youth who are growing and maturing in their faith through Timber Bay (the camp). These get-aways feature staff-led workshops and discussions that focus on everyday life and faith. In small groups, peers who share similar struggles work together in various settings, including Bible study, drug aftercare, and Care and Share groups led by trusted staff members. The Youth Investment Foundation also has community programs in various Minnesota and Iowa communities, primarily supported by contributions from individuals.

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Impact




October, 2024

The Youth Investment Foundation significantly impacts alienated youth by fostering new attitudes and behaviors through a Christ-centered approach. By placing emphasis on building supportive relationships, the organization offers mentorship that nurtures a growing faith and a sense of belonging among participants. Engaging with approximately 1,200 youth annually, it provides diverse activities, including one-on-one mentoring and small group interactions focused on self-worth, accountability, and personal growth.

A key aspect of the foundation's outreach is its camp and retreat center in northern Minnesota, which serves around 4,000 youths. The camp's workcrew program not only teaches practical skills through camp improvements but also instills values of accomplishment and contribution, thereby enhancing self-esteem. In addition to the camp, small group sessions address various issues, allowing peers facing similar challenges to connect, share experiences, and grow in their faith.

Community programs in Minnesota and Iowa further extend this support network, helping at-risk youth navigate their journeys in a nurturing environment. Overall, the Youth Investment Foundation plays a vital role in transforming the lives of high-risk youth by instilling hope, purpose, and healthy relationships in their lives.




This information is meant to be a general summary of Youth Investment 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
$3,679,450 (2022)
Expenses
$3,587,621 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,667
  • Program Service Revenue: $222,260
  • Gross Receipts: $3,791,214

Assets and Liabilities:

  • Total Assets: $3,178,631
  • Total Liabilities: $99,841
  • Net Assets: $3,078,790

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CAMP FEES

Revenue

$214,136

PROGRAM ACTIVITIES

Revenue

$8,124

Organization Details

Founding Year

1970

Principal Officer

Jon Ring

Main Address

1364 HAMEL ROAD, MEDINA, MN, 55340

NTEE Category

Code: P300 - Human services

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