Overview
What is C5 Youth Foundation Of Texas Inc?
C5 Youth Foundation of Texas Inc is a nonprofit organization situated in Dallas, Texas. Its primary mission is to empower high-potential, low-income youth aged 12-18 who are excelling in school but may be at risk due to their surroundings, insufficient adult role models, or unclear future visions. The foundation achieves this through a summer camp and year-round activities, focusing on leadership development, community service, and college and career exploration. By offering these opportunities, C5 Youth Foundation aims to enhance the prospects of these young individuals, encouraging their pursuit of personal success and preparing them for future leadership roles in education, employment, and their communities. The organization boasts a committed workforce of 18 individuals.
Official website here: www.c5texas.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Stars
The C5 Youth Foundation of Texas Inc has received a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and financial health. The overall score is based entirely on accountability and finance metrics, which highlights the organization's commitment to responsible financial management.
A significant strength of the foundation is its governance structure, with 90% of its board members being independent, which promotes objectivity and transparency. Additionally, the organization has demonstrated exceptional financial oversight, with no material diversion of assets and a well-audited financial statement. However, it is noted that the foundation is missing a whistleblower policy and document retention and destruction policy, which are important for safeguarding the organization's integrity.
The financial ratios also reflect a healthy organization, with a program expense ratio of 65.15%, indicating that a considerable portion of its funds is allocated to its charitable programs. While this is commendable, there is still room for improvement in this area to achieve a higher score. Overall, the C5 Youth Foundation of Texas Inc shows a strong commitment to financial accountability, though addressing the noted policy gaps could further enhance its rating.
This AI summary has been generated from information found on Charity Navigator.
Is C5 Youth Foundation Of Texas Inc legitimate?
C5 Youth Foundation Of Texas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. C5 Youth Foundation Of Texas 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
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Other Salaries and Wages: $345,434
For more financial information, click here
Official website here: www.c5texas.org
What is the mission statement of C5 Youth Foundation Of Texas Inc?
The C5 Youth Foundation's mission is centered around improving the prospects for high-potential youth. It strives to shift the odds in favor of these young individuals who hail from risk-prone environments, encouraging them to strive for personal success and preparing them for leadership roles in their future academic, professional, and community endeavors.
The foundation accomplishes this mission through various initiatives. One such initiative is a summer camp for low-income youth aged 12 to 18 who are performing well in school and display leadership potential. Despite their academic achievements, they may be at risk of dropping out or not fully realizing their potential due to their environment, the absence of adult role models, or a limited perception of their future possibilities.
In addition to the summer camp, the foundation offers year-round activities that focus on leadership development, community service, and exploration of college and career paths. These programs aim to equip these high-potential youth with the skills and vision necessary to overcome their challenges and seize opportunities, ultimately preparing them for leadership roles.
Official website here: www.c5texas.org
What is the revenue of C5 Youth Foundation Of Texas Inc?
C5 Youth Foundation Of Texas Inc's revenue in 2023 was $680,659.
Official website here: www.c5texas.org
Who are the executives of C5 Youth Foundation Of Texas Inc and what are their salaries?
The average compensation at C5 Youth Foundation Of Texas Inc during 2023 was $12,851.
Here are 22 key members and their salaries:
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Official website here: www.c5texas.org
Where can I find the form 990 for C5 Youth Foundation Of Texas Inc?
C5 Youth Foundation Of Texas Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.c5texas.org
Learn more at the official website: www.c5texas.org
Mission Statement of C5 Youth Foundation Of Texas Inc
The C5 Youth Foundation of Texas Inc is committed to enhancing the prospects of high-potential youth who hail from challenging environments. The organization's mission is threefold: firstly, it aims to alter the odds for these young individuals, ensuring they steer clear of risk-filled environments and instead pursue personal success. Secondly, C5 prepares these youth for leadership roles in various domains, including college, work, and their communities.
To accomplish this mission, C5 offers a summer camp for low-income youth aged 12 to 18 who are performing well in school and exhibit leadership potential. However, they face the risk of dropping out or not reaching their full potential due to their environment, the absence of adult role models, or a lack of a clear vision for their future. Recognizing this, C5 provides year-round activities that focus on leadership development, community service, and college and career exploration. This holistic approach equips these young individuals with the necessary tools and mindset to overcome their challenges and seize opportunities for growth.
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Impact
July, 2024
C5 Youth Foundation Of Texas Inc's impact lies in changing the odds for high-potential youth from risk-filled environments. By inspiring these young individuals to pursue personal success and preparing them for leadership roles in college, work, and their communities, C5 Youth Foundation of Texas is making a crucial difference in the lives of low-income youth aged 12-18 who demonstrate leadership capability but are at risk of dropping out of school or not reaching their full potential due to their challenging circumstances. Through summertime camps, year-round activities focusing on leadership development, community service, and college and career exploration, C5 Youth Foundation Of Texas is working to empower these youth and provide them with the support and resources they need to succeed and thrive.
This information is meant to be a general summary of C5 Youth Foundation Of Texas 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 2023.
- Gross Receipts: $680,659
Assets and Liabilities:
- Total Assets: $154,865
- Total Liabilities: $30,695
- Net Assets: $124,170
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Organization Details
Founding Year
2008
Principal Officer
Daneshe Bethune
Website
www.c5texas.orgNTEE Category
Code: O50 - Youth development
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