Overview
What is Youth Entertainment Sports Inc?
Youth Entertainment Sports Inc, located in Centennial, Colorado, is a nonprofit organization dedicated to raising funds to support various charitable causes. Specifically, they focus on providing financial aid, grants, and other benefits to local sports programs, educational institutions, and other eligible charitable organizations, as per the 501(c)(3) exemption. To accomplish this mission, they engage supporters in fundraising activities. Moreover, the organization offers scholarships to students attending qualifying educational institutions, assisting them in paying for tuition, books, and fees.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Stars
Youth Entertainment Sports Inc has received an 80% rating from Charity Navigator, indicating a solid level of accountability and finance practices. The organization excels in several areas, notably with a fully independent board comprising 10 out of 10 points, showcasing its governance strength. Additionally, the charity exhibits no material diversion of assets and has a comprehensive conflict of interest policy in place.
Financially, Youth Entertainment Sports Inc demonstrates impressive efficiency, with a program expense ratio of 98.50%, meaning that nearly all of its expenditures are directed towards its programs. The organization's liabilities to assets ratio stands at 0.00%, suggesting a strong fiscal position with no outstanding debts. These attributes reflect positively on its operational effectiveness and commitment to its mission.
While the overall rating is commendable, it is derived solely from the Accountability & Finance beacon, which may limit the assessment of programmatic impact or effectiveness. Nonetheless, the organization appears to be well-managed, making it a reliable choice for potential donors seeking to support youth-oriented initiatives in sports and entertainment.
This AI summary has been generated from information found on Charity Navigator.
Is Youth Entertainment Sports Inc legitimate?
Youth Entertainment Sports Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Youth Entertainment Sports 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: $0
For more financial information, click here
What is the mission statement of Youth Entertainment Sports Inc?
Youth Entertainment Sports Inc's mission is to facilitate and manage fundraising initiatives, aiming to provide financial aid, grants, special funds, and other benefits to various local charitable organizations. These organizations primarily focus on sports programs, educational institutions, and other entities that fall under the 501(c)(3) exemption. The primary objective is to utilize the funds raised to support these organizations and contribute to their ongoing operations and projects. Additionally, the organization offers scholarships to eligible students at qualifying educational institutions to help cover tuition, book, and fee expenses.
Who is the CEO of Youth Entertainment Sports Inc?
Curtis L Thomas Jr is the President of Youth Entertainment Sports Inc.
What is the revenue of Youth Entertainment Sports Inc?
Youth Entertainment Sports Inc's revenue in 2022 was $637,299.
Who are the executives of Youth Entertainment Sports Inc and what are their salaries?
There 53 volunteers at Youth Entertainment Sports Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Youth Entertainment Sports Inc?
Youth Entertainment Sports Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Youth Entertainment Sports Inc
Youth Entertainment Sports Inc, a nonprofit organization, is dedicated to coordinating and rallying supporters to raise funds, grants, special funds, and other benefits to support various local sports programs, educational institutions, and charitable organizations that hold 501(c)(3) exempt status. The primary mission of this organization is to provide financial assistance to these entities, aiming to enhance their capabilities and positively impact their respective communities.
In addition to its fundraising efforts, Youth Entertainment Sports Inc offers scholarships for students enrolled in qualifying educational institutions. These scholarships are designed to cover tuition, textbooks, and other related fees, thereby making higher education more accessible and affordable for deserving students. By providing this financial support, the organization helps to foster the next generation of leaders and thinkers, ensuring that they have the necessary resources to succeed and contribute positively to society.
In summary, Youth Entertainment Sports Inc serves as a bridge between supporters and local charitable organizations, striving to make a tangible difference in their communities by providing financial assistance and educational opportunities. Through its mission, the organization seeks to empower these organizations and individuals, ultimately contributing to the overall betterment of society.
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Impact
July, 2024
Youth Entertainment Sports Inc plays a crucial role in supporting local sports programs, educational institutions, and charitable organizations through fundraising efforts. By providing financial assistance, grants, special funds, and scholarships, the organization contributes to the development and success of youth in the community. Through their work, they help students enrolled in qualifying educational institutions access essential resources such as tuition, books, and fees. This impactful support enhances opportunities for youth development and positively influences the lives of those they serve.
This information is meant to be a general summary of Youth Entertainment Sports 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.
- Gross Receipts: $637,299
Assets and Liabilities:
- Total Assets: $139,912
- Total Liabilities: $0
- Net Assets: $139,912
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Organization Details
Founding Year
2009
Phone
(720) 318-8716Principal Officer
Curtis L Thomas Jr
Main Address
5270 S Zeno Ct, Centennial, CO, 80015
NTEE Category
Code: O12 - Youth development
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