Overview
What is Brooklyn Youth Sports Club Inc?
Brooklyn Youth Sports Club Inc is a nonprofit organization situated in Brooklyn, New York, specifically at 9 WYCKOFF ST 1. Their primary mission is to create an enriching educational environment for underprivileged youth in the area. They utilize sports, particularly basketball, as a tool for academic engagement and character development. The BKYSC Academy, their main program, offers comprehensive academic support, including literacy development, homework assistance, tutoring, and test preparation. The organization's ethos revolves around instilling values such as integrity, perseverance, self-esteem, and hard work, aiming to empower student-athletes to lead both in and out of the school and community. The organization employs a team of 26 individuals, committing to the holistic development of Brooklyn's youth.
Official website here: www.bkysc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Brooklyn Youth Sports Club Inc has received an 81% rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization scores high on metrics such as having a majority of independent board members and maintaining comprehensive financial statements. Additionally, they have an effective conflict of interest policy and robust oversight practices, which reflect a commitment to transparency and ethical governance.
A strong point for the organization is its program expense ratio of 72.81%, suggesting that a significant portion of its expenditures directly supports its mission. This is a positive indicator for donors looking to see their contributions making an impact on the community through sports and youth development programs.
However, the organization has a high liabilities to assets ratio of 98.51%, which may be a concern for potential donors regarding its financial stability. While the charity demonstrates strong governance and program spending, the high leverage indicates that it may face challenges in managing its financial obligations.
This AI summary has been generated from information found on Charity Navigator.
Is Brooklyn Youth Sports Club Inc legitimate?
Brooklyn Youth Sports Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brooklyn Youth Sports Club 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: $144,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $299,565
For more financial information, click here
Official website here: www.bkysc.org
What is the mission statement of Brooklyn Youth Sports Club Inc?
The Brooklyn Youth Sports Club Inc's mission is centered around providing an enriching educational environment for underprivileged youth. They achieve this by utilizing sports, particularly basketball, as a motivational tool. This approach encourages academic engagement, character development, and the fulfillment of both academic and personal potential. The organization is driven by an ethical commitment to instill values such as integrity, perseverance, self-esteem, and hard work, aiming to empower student-athletes to become leaders in their schools, on the court, and within their communities.
Official website here: www.bkysc.org
Who is the CEO of Brooklyn Youth Sports Club Inc?
Lyle Friess is the President of Brooklyn Youth Sports Club Inc.
Official website here: www.bkysc.org
What is the revenue of Brooklyn Youth Sports Club Inc?
Brooklyn Youth Sports Club Inc's revenue in 2022 was $917,002.
Official website here: www.bkysc.org
Who are the executives of Brooklyn Youth Sports Club Inc and what are their salaries?
The average compensation at Brooklyn Youth Sports Club Inc during 2022 was $17,060. There are 26 employees and 35 volunteers at Brooklyn Youth Sports Club Inc.
Here are 22 key members and their salaries:
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Official website here: www.bkysc.org
Where can I find the form 990 for Brooklyn Youth Sports Club Inc?
Brooklyn Youth Sports Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bkysc.org
Learn more at the official website: www.bkysc.org
Mission Statement of Brooklyn Youth Sports Club Inc
Brooklyn Youth Sports Club Inc is committed to creating an enriching educational environment for underprivileged youth in Brooklyn. Leveraging sports, particularly basketball, as a motivational tool, the organization inspires these young individuals to unlock their academic, physical, and personal potential. Driven by an ethical imperative, Brooklyn Youth Sports Club Inc instills values such as integrity, perseverance, self-esteem, and hard work in its student-athletes. This empowerment equips them to excel not only on the court but also in their schools and communities, positioning them as leaders. The organization's mission is centered around using athletics as a vehicle to foster personal growth and success in Brooklyn's youth.
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Impact
October, 2024
Brooklyn Youth Sports Club Inc significantly impacts the lives of young individuals in Brooklyn by using basketball as a platform for academic and personal growth. Through its BKYSC Academy, the organization offers a year-round after-school program that addresses the specific academic needs of each participant. By providing resources such as literacy development, homework assistance, individual and group tutoring, and test preparation, BKYSC empowers students to excel academically while fostering a passion for learning.
The organization creates a supportive and enriching educational environment that encourages under-served youth to realize their full potential. By emphasizing values like integrity, perseverance, self-esteem, and hard work, BKYSC not only prepares students for success in school but also builds character and leadership skills that extend into their communities. This holistic approach makes BKYSC a vital resource for young athletes, helping them balance their sports ambitions with their academic goals and providing a strong foundation for their future.
This information is meant to be a general summary of Brooklyn Youth Sports Club 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.
- Program Service Revenue: $11,602
- Gross Receipts: $967,490
Assets and Liabilities:
- Total Assets: $522,796
- Total Liabilities: $515,021
- Net Assets: $7,775
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BKYSC SUMMER ACADEMY
Revenue
$11,602
Organization Details
Founding Year
2009
Phone
(971) 371-2879Principal Officer
Lyle Friess
Main Address
9 WYCKOFF ST 1, BROOKLYN, NY, 112016304
Website
www.bkysc.orgNTEE Category
Code: N62 - Recreation
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