Overview
What is Youth Opportunity Center Foundation Inc?
Youth Opportunity Center Foundation Inc, located in Muncie, Indiana, is a nonprofit organization with a primary mission to financially support the Youth Opportunity Center, Inc. Their purpose revolves around providing essential financial aid to this center, thereby contributing to its overall operations and initiatives. The Youth Opportunity Center, Inc., being the recipient of their support, aims to serve the community in an unspecified capacity, likely focusing on youth development, education, or welfare. The Foundation's activity or mission description corroborates this, emphasizing its role in providing financial assistance for the center's functions.
Official website here: www.yocfoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
The Youth Opportunity Center Foundation Inc has received a Four-Star rating from Charity Navigator, indicating a high level of accountability and financial transparency. With an overall score calculated entirely from a single beacon focused on accountability and finance, the organization demonstrates strong governance practices, including a majority of independent board members and robust financial oversight.
The organization has excelled in various areas, achieving top scores for independent board composition, conflict of interest policies, and fiscal responsibility. Specifically, it has a program expense ratio of over 90%, suggesting that a significant portion of its funds is allocated directly to its programs, which is a positive indicator for donors looking for effective use of their contributions.
Despite these strengths, no limitations were noted in the data, which further underscores the organization’s solid operational practices. The Youth Opportunity Center Foundation Inc appears to be a well-managed nonprofit, committed to maintaining transparency and serving its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Youth Opportunity Center Foundation Inc legitimate?
Youth Opportunity Center Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Youth Opportunity Center 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: $7,429
For more financial information, click here
Official website here: www.yocfoundation.org
What is the mission statement of Youth Opportunity Center Foundation Inc?
The Youth Opportunity Center Foundation Inc's mission is centered around providing financial support for the Youth Opportunity Center Inc. This mission is carried out with the goal of ensuring the Youth Opportunity Center's continued operation. The Foundation's role is crucial in sustaining the Center's activities, thereby contributing to the well-being and development of the youth it serves. The Foundation's primary function can be summarized as the provision of financial resources to support the Youth Opportunity Center Inc. This support is instrumental in enabling the Center to fulfill its mission of providing opportunities and aid to young individuals in need.
Official website here: www.yocfoundation.org
Who is the CEO of Youth Opportunity Center Foundation Inc?
Richard D Rowray is the Chair of Youth Opportunity Center Foundation Inc.
Official website here: www.yocfoundation.org
What is the revenue of Youth Opportunity Center Foundation Inc?
Youth Opportunity Center Foundation Inc's revenue in 2022 was $2,826,348.
Official website here: www.yocfoundation.org
Who are the executives of Youth Opportunity Center Foundation Inc and what are their salaries?
There 11 volunteers at Youth Opportunity Center Foundation Inc.
Here are 12 key members and their salaries:
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- Related: $180,827
- Other: $18,580
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- Related: $78,739
- Other: $12,458
Official website here: www.yocfoundation.org
Where can I find the form 990 for Youth Opportunity Center Foundation Inc?
Youth Opportunity Center Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.yocfoundation.org
Learn more at the official website: www.yocfoundation.org
Mission Statement of Youth Opportunity Center Foundation Inc
The Youth Opportunity Center Foundation Inc is committed to providing financial assistance for the Youth Opportunity Center, Inc. In essence, its mission is to contribute financially to the operations and initiatives of this organization. By doing so, the Foundation aims to support the Youth Opportunity Center in its endeavors to provide resources and opportunities for young individuals, thereby contributing to their overall development and well-being.
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Impact
October, 2024
Youth Opportunity Center Foundation Inc significantly enhances the lives of young individuals by providing essential financial support to the Youth Opportunity Center, Inc. based in Muncie, IN. This financial backing enables the center to offer vital services and programs aimed at improving the well-being and development of at-risk youth.
By focusing on human services, the foundation plays a crucial role in facilitating access to resources that promote education, mental health, and personal growth, helping youth build the skills necessary for a successful transition into adulthood. The impact extends beyond immediate support; it fosters a supportive community environment that encourages resilience and empowerment among young people.
This information is meant to be a general summary of Youth Opportunity Center 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: $312,549
- Gross Receipts: $4,041,892
Assets and Liabilities:
- Total Assets: $4,384,600
- Total Liabilities: $14,323
- Net Assets: $4,370,277
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Organization Details
Founding Year
2007
Phone
(765) 288-3651Principal Officer
Richard D Rowray
Main Address
3700 W KILGORE AVE, MUNCIE, IN, 47303
Website
www.yocfoundation.orgNTEE Category
Code: P113 - Human services
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