Overview
What is Young Black Leadership Alliance?
The Young Black Leadership Alliance, situated in Charlotte, North Carolina, is a nonprofit organization that prioritizes the development of future leaders. With a strong emphasis on education and community service, they run an Ambassador program that engages around 200 high school, college, and young professional participants. The mission of this alliance is to foster the growth of the upcoming generation of leaders who will contribute positively to society both currently and in the future. Operating with a team of 14 dedicated individuals, the Young Black Leadership Alliance strives to make a significant impact in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star Rating
The Young Black Leadership Alliance has achieved a strong rating of 92%, indicating robust accountability and finance practices. This rating showcases the organization’s commitment to transparency and effective governance, as evidenced by having 100% independent board members and comprehensive financial oversight measures in place.
Strengths highlighted include excellent scores in several key areas, such as a high program expense ratio of 71.79%, showing that a substantial portion of funds is directed toward its programs. Additionally, the organization has no material diversion of assets and maintains clear policies regarding conflicts of interest and whistleblowing, reinforcing its integrity and ethical standards.
While the rating is impressive, it primarily reflects the organization’s financial and governance metrics. Further insights into the impact of its programs and initiatives on the community would provide a more comprehensive understanding of its overall effectiveness and influence.
This AI summary has been generated from information found on Charity Navigator.
Is Young Black Leadership Alliance legitimate?
Young Black Leadership Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Black Leadership Alliance 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: $155,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $538,242
For more financial information, click here
What is the mission statement of Young Black Leadership Alliance?
The Young Black Leadership Alliance's mission is focused on nurturing the development of future leaders who will contribute positively to the world. This mission is achieved through their Ambassador program, which is a comprehensive leadership development, educational, and community service initiative. The program engages approximately 200 students from high school, college, and young professionals, fostering their growth into influential figures.
Who is the CEO of Young Black Leadership Alliance?
John Martin is the Co-Founder/Ceo of Young Black Leadership Alliance. The CEO's salary of Young Black Leadership Alliance is $155,000 and their total compensation is $155,000.
What is the revenue of Young Black Leadership Alliance?
Young Black Leadership Alliance's revenue in 2022 was $1,671,717.
Who are the executives of Young Black Leadership Alliance and what are their salaries?
The average compensation at Young Black Leadership Alliance during 2022 was $49,517. There are 14 employees and 150 volunteers at Young Black Leadership Alliance.
Here are 14 key members and their salaries (Young Black Leadership Alliance's CEO's salary is $155,000 and their total compensation is $155,000):
- Compensation: $155,000
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Where can I find the form 990 for Young Black Leadership Alliance?
Young Black Leadership Alliance's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Young Black Leadership Alliance
The Young Black Leadership Alliance, as a mission-driven organization, is committed to fostering the development of the upcoming generation of leaders who will shape the world positively, both in the present and the future. Their primary objective is to cultivate these future leaders, equipping them with the necessary skills and knowledge to make a significant impact on society.
To achieve this mission, the Young Black Leadership Alliance implements various programs, one of which is their Ambassador program. This program, which boasts over 200 participants from high school, college, and young professional levels, serves as a platform for leadership development, education, and community service. Through this program, the alliance nurtures the potential leaders of tomorrow, preparing them to contribute positively to their communities and beyond.
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Impact
October, 2024
The Young Black Leadership Alliance plays a pivotal role in shaping future leaders who are committed to creating positive change in their communities and beyond. Through its Ambassador Program, it engages approximately 200 students—ranging from high school to young professionals—in leadership development, education, and community service initiatives. This hands-on approach equips participants with the skills, knowledge, and experiences necessary to navigate challenges and make meaningful contributions to society. By fostering leadership and community involvement among young Black individuals in Charlotte, NC, the organization helps cultivate a new generation of advocates and change-makers dedicated to impacting the world both now and in the future.
This information is meant to be a general summary of Young Black Leadership Alliance. 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: $73
- Program Service Revenue: $417,623
- Gross Receipts: $1,671,717
Assets and Liabilities:
- Total Assets: $1,523,956
- Total Liabilities: $74,646
- Net Assets: $1,449,310
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Ambassador
Revenue
$130,718
Joint Program Income
Revenue
$191,093
Missions
YLeaders
Revenue
$95,812
Organization Details
Founding Year
2008
Principal Officer
John Martin
Main Address
4112 Old Pineville Rd, Charlotte, NC, 28217
NTEE Category
Code: O50 - Youth development
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