Overview
What is Youth Co-Op Inc?
Youth Co-Op Inc is a nonprofit organization based in Miami, Florida, with a mission to enhance the social and economic conditions of South Florida residents. The organization's primary focus is on aiding refugees, asylums, and public interest parolees in achieving self-sufficiency during their transition to a new country. Established in 1982, Youth Co-Op offers an assortment of programs, including employment services, reception and placement, and a matching grant program. These services aim to help participants translate their strengths, skills, and past experiences into assets, achieve early self-sufficiency, and secure employment – all essential steps for successful integration into American society. The organization's services are free and available in the languages spoken by the participants. The total workforce comprises 602 individuals.
Official website here: www.ycoop.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Youth Co-Op Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. This high score indicates that the organization operates with integrity, adhering to best practices in governance, including having a fully independent board and comprehensive oversight mechanisms in place.
The organization exhibits exceptional efficiency in its financial management, highlighted by a high program expense ratio of 92.41%, which suggests that a significant portion of its funding directly supports its programs. Additionally, the absence of any material diversion of assets reinforces the nonprofit’s reliability and sound financial practices.
While the overall score is impressive, the liabilities to assets ratio of 55.84% indicates some level of financial leverage that may warrant attention. However, the robust governance and ethical policies in place suggest that Youth Co-Op Inc is well-positioned to manage its financial responsibilities effectively.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Youth Co-Op Inc?
92% of 11 reviewers on Facebook would recommend Youth Co-Op Inc. Here is a summary of their reviews:
The general sentiment towards Youth Co-Op Inc is quite positive, with users highlighting the organization's impactful work in the community. Many reviewers appreciate the remarkable efforts being made to support and uplift local residents.
Overall, this nonprofit is viewed as a valuable resource, with users expressing satisfaction with the services and initiatives it provides. The strong recommendation rate suggests that the organization is effectively fulfilling its mission and making a meaningful difference in people's lives.
This AI summary has been generated from reviews found on Facebook.
Is Youth Co-Op Inc legitimate?
Youth Co-Op Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Youth Co-Op 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: $14,414,141
For more financial information, click here
Official website here: www.ycoop.org
What is the mission statement of Youth Co-Op Inc?
Youth Co-Op Inc aims to enhance the social and economic conditions of Florida residents, with a focus on youth, adults, families, and recent immigrants. Through a range of programs, the organization empowers individuals by providing education and employment opportunities. Refugee services are a significant aspect of their work, assisting refugees, asylees, and public interest parolees in achieving self-sufficiency. The programs offer free services in the participants' spoken languages and include reception and placement,matching grant services, employment and training, and immigration assistance. The ultimate goal is to help refugees translate their strengths, skills, and experiences into assets, and to achieve early self-sufficiency without relying on public assistance. Employment assistance is crucial for successful integration into American society.
Official website here: www.ycoop.org
Who is the CEO of Youth Co-Op Inc?
Concepcion Perez-Borroto is the Director of Youth Co-Op Inc.
Official website here: www.ycoop.org
What is the revenue of Youth Co-Op Inc?
Youth Co-Op Inc's revenue in 2022 was $28,658,578.
Official website here: www.ycoop.org
Who are the executives of Youth Co-Op Inc and what are their salaries?
The average compensation at Youth Co-Op Inc during 2022 was $23,944. There are 602 employees and 3 volunteers at Youth Co-Op Inc.
Here are 15 key members and their salaries:
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- Compensation: $232,171
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Official website here: www.ycoop.org
Where can I find the form 990 for Youth Co-Op Inc?
Youth Co-Op Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ycoop.org
Learn more at the official website: www.ycoop.org
Mission Statement of Youth Co-Op Inc
Youth Co-Op Inc, a prominent nonprofit organization, is dedicated to enhancing the social and economic conditions of South Florida residents. With a strong focus on empowering youth, adults, families, and recent immigrants, the organization provides a range of programs that directly impact these communities, enabling them through education and employment.
The mission of Youth Co-Op Inc is multifaceted, aimed at improving the lives of South Florida residents by identifying and strengthening their knowledge, skills, talents, and abilities. One of the key areas of focus for this organization is its refugee programs, which cover Palm Beach and Miami-Dade Counties. Youth Co-Op Inc offers a comprehensive suite of services designed to help refugees, asylees, and public interest parolees achieve self-sufficiency and ease the transition into their new country.
Since 1982, Youth Co-Op Inc has been offering employment services as a crucial part of its mission. In 1997, the organization joined the Network on U.S. for Refugees and Immigrants, expanding its reach to provide reception and placement and matching grant program services to refugees from various countries. All services are accessible free of charge and are available in the languages spoken by the participants.
Through the resettlement program, Youth Co-Op Inc helps refugees translate their strengths, skills, and past experiences into assets. The match grant program assists refugees in achieving early self-sufficiency without relying on public assistance. Employment and training programs offer vital assistance in securing employment, a key step towards successful integration into American society. Additionally, immigration assistance is available to help refugees prepare for the citizenship application process. By providing these essential services, Youth Co-Op Inc empowers individuals to build a better future for themselves and their families.
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Impact
October, 2024
Youth Co-Op Inc significantly enhances the social and economic landscape of South Florida by providing essential services to its residents. Through a range of programs, it empowers individuals and families, with a strong focus on recent immigrants and refugees.
One of the key impacts is its dedicated refugee services, which support individuals transitioning to life in the U.S. This includes programs that help refugees, asylees, and public interest parolees achieve self-sufficiency. Since 1982, Youth Co-Op has offered employment services aimed at integrating these individuals into the workforce, which is critical for their successful adaptation.
The organization also provides the Match Grant Program, designed to promote early self-sufficiency without reliance on public assistance. By assisting participants in translating their skills and experiences into viable employment opportunities, Youth Co-Op fosters economic independence and personal growth.
Additionally, its employment and training initiatives play a vital role in equipping individuals with the necessary knowledge and skills to secure jobs and thrive in American society. The comprehensive support Youth Co-Op offers—available in multiple languages—anchors its commitment to diversity and inclusion, making a lasting difference in the lives of many in the community.
By empowering youth, adults, and families through education and employment, Youth Co-Op Inc continues to be a pivotal force in enhancing the quality of life and economic conditions in South Florida.
This information is meant to be a general summary of Youth Co-Op 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: $108
- Gross Receipts: $28,658,578
Assets and Liabilities:
- Total Assets: $32,387,947
- Total Liabilities: $23,266,838
- Net Assets: $9,121,109
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Organization Details
Founding Year
1973
Phone
(305) 643-6730Principal Officer
Concepcion Perez-Borroto
Main Address
5040 NW 7 STREET SUITE 300, MIAMI, FL, 33126
Website
www.ycoop.orgNTEE Category
Code: J200 - Employment
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