Overview
What is Vickery Meadow Youth Development Foundation?
The Vickery Meadow Youth Development Foundation, situated in Dallas, Texas, is a dedicated nonprofit organization with a mission to uplift its community and empower its children. Through its Eagle Scholars program, the foundation offers academic, social, and emotional support to high-potential, underserved students. This comprehensive program includes mentorship, college and career counseling, leadership development, and cultural competency workshops. The summer program lasts for six weeks, while weekly sessions continue during the school year. Furthermore, the foundation provides ongoing support to scholars pursuing higher education, extending aid until they graduate from college. The foundation's ultimate goal is to contribute to the betterment of Vickery Meadow's community and ensure its children realize their full potential.
Official website here: www.vmydf.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Stars)
The Vickery Meadow Youth Development Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This rating is particularly significant as it is based solely on a flawless score in the Accountability & Finance category, indicating that the organization adheres to high standards of transparency and responsible financial management.
Strengths of the foundation include a fully independent board, which is comprised of ten members. Additionally, it has no reported material diversions of assets, underscoring its commitment to maintaining integrity in its operations. The foundation also excels in program expense efficiency, allocating nearly 91% of its funds directly to programs, which speaks to its dedication to serving the community effectively.
However, the organization has room for growth in fundraising efficiency, as indicated by the $0.002 ratio. While this score does not detract significantly from its overall financial health, it suggests that there might be challenges in generating revenue through fundraising efforts. Overall, the foundation's strong governance and high program expense ratio highlight its effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Vickery Meadow Youth Development Foundation legitimate?
Vickery Meadow Youth Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vickery Meadow Youth Development 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: $295,617
Professional Fundraising Fees: $0
Other Salaries and Wages: $143,744
For more financial information, click here
Official website here: www.vmydf.com
What is the mission statement of Vickery Meadow Youth Development Foundation?
The Vickery Meadow Youth Development Foundation's mission is centered around enhancing the community and empowering its children to reach their full potential. This is achieved through focusing on the children's education and enrichment. The organization runs an Eagle Scholars program, which offers academic, social, and emotional support to high-potential, underserved students. This comprehensive program includes mentorship, college and career counseling, leadership development, and cultural competency. The program operates for six weeks in the summer and weekly during the school year, providing ongoing support to scholars who continue their education and assisting them until college graduation.
Official website here: www.vmydf.com
What is the revenue of Vickery Meadow Youth Development Foundation?
Vickery Meadow Youth Development Foundation's revenue in 2023 was $1,936,948.
Official website here: www.vmydf.com
Who are the executives of Vickery Meadow Youth Development Foundation and what are their salaries?
The average compensation at Vickery Meadow Youth Development Foundation during 2023 was $29,291. There are 15 employees and 410 volunteers at Vickery Meadow Youth Development Foundation.
Here are 9 key members and their salaries:
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- Compensation: $130,995
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Official website here: www.vmydf.com
Where can I find the form 990 for Vickery Meadow Youth Development Foundation?
Vickery Meadow Youth Development Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vmydf.com
Learn more at the official website: www.vmydf.com
Mission Statement of Vickery Meadow Youth Development Foundation
Vickery Meadow Youth Development Foundation is dedicated to transforming its community and empowering its children to reach their full potential. Its mission encompasses not only enhancing children's education but also enriching their overall development. One of the ways the foundation accomplishes this is through the Eagle Scholars program, a comprehensive college readiness initiative. This program offers academic, social, and emotional support to high-potential, underserved students. It provides mentorship, college and career counseling, leadership development, and cultural competency, ensuring a holistic approach to the scholars' growth. The program operates during the summer for six weeks and continues weekly throughout the school year. Furthermore, the foundation offers ongoing support to the scholars as they progress through college, culminating in their graduation. In essence, Vickery Meadow Youth Development Foundation is committed to fostering a thriving community and nurturing its children to achieve their highest aspirations.
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Impact
October, 2024
The Vickery Meadow Youth Development Foundation significantly impacts the community by empowering underserved students to achieve their full potential. Through the Eagle Scholars College Readiness Program, it provides essential academic, social, and emotional support tailored to high-potential youth.
This program encompasses a comprehensive range of services, including mentorship, college and career counseling, leadership development, and cultural competency training. By engaging students for six weeks in the summer and weekly during the school year, it fosters a continuous learning environment that enhances educational outcomes.
Moreover, the Foundation doesn't stop at high school; it ensures ongoing support for scholars who advance to college, guiding them through their academic journeys and aiding in their graduation. By focusing on both immediate educational needs and long-term success, the Foundation plays a vital role in enriching the lives of children in Vickery Meadow and fostering a thriving community in Dallas.
This information is meant to be a general summary of Vickery Meadow Youth Development 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 2023.
- Investment Income: $8,350
- Gross Receipts: $1,936,948
Assets and Liabilities:
- Total Assets: $5,103,882
- Total Liabilities: $1,666,829
- Net Assets: $3,437,053
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Organization Details
Founding Year
2007
Principal Officer
John Neill
Website
www.vmydf.comNTEE Category
Code: T31 - Philanthropy
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