nonprofit logo

Sky's The Limit Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 272592172 ✦ Milpitas, CA ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Sky's The Limit Fund?

Sky's The Limit Fund (STLF) is a nonprofit organization dedicated to providing financial assistance for wilderness therapy treatments to adolescents and young adults in crisis, as well as their families in financial need. Since its inception in 2010, STLF has supported over 1240 youth and families, distributing over $13 million in aid. The organization's mission involves offsetting the high cost of wilderness therapy programs and partnering with organizations that offer reduced tuition for families in need. In fiscal year 2023, STLF provided $1.26 million in assistance to 207 individuals. However, the pandemic and economic uncertainty have affected donations and enrollment in these programs, putting a strain on the organization's revenue. To overcome these challenges, STLF is researching and potentially partnering with programs offering a 50% or more nature component, expanding its donor base, and diversifying its funding sources to include individual, corporate, and foundation donors. The organization employs a highly engaged board of directors and four independent contractors, collaborating with leading industry professionals to promote the benefits of outdoor behavioral healthcare and transitional support.


Official website here: www.skysthelimitfund.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 89%, Three-Star out of Four Stars

Sky's The Limit Fund (STLF) has been awarded an 89% rating by Charity Navigator, reflecting strong performance, particularly in Accountability & Finance, where it scored 74%. The organization demonstrates solid governance, with a fully independent board and a comprehensive approach to financial transparency. Additionally, it excels in its commitment to culture and community, earning a perfect score in both Leadership & Adaptability and Culture & Community.

User feedback from Great Nonprofits highlights the significant impact STLF has on families facing crises related to youth mental health. Many testimonials commend the organization for its compassionate support and financial assistance, which enable families to access wilderness therapy—a critical resource for healing. Clients express deep gratitude for the guidance and support they receive during challenging times, indicating that STLF not only provides financial help but also emotional backing that transforms lives.

Despite its strengths, the organization faces a challenge in meeting the increasing demand for its services, as many families lack the financial resources for wilderness therapy. Reviewers note that while STLF has made a considerable difference, the need continues to outpace available funding, stressing the importance of community support to sustain its mission. Overall, Sky's The Limit Fund is portrayed as a vital resource for families, making a meaningful difference in the context of youth mental health treatment.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

What do the Facebook reviews say about Sky's The Limit Fund?

94% of 13 reviewers on Facebook recommend Sky's The Limit Fund. Here is a summary of their reviews:

Many reviewers express deep gratitude for the support and assistance provided by the organization. One individual highlights that the fund was "instrumental in saving my daughter's life," indicating a profound impact on their family's situation. Such testimonials reflect a strong sentiment of appreciation and reliance on the services offered by the nonprofit.

Overall, the feedback suggests that Sky's The Limit Fund is highly regarded by those who have utilized its resources, with users feeling satisfied and supported in their time of need. Their positive experiences speak to the organization's commitment to making a significant difference in the lives of individuals and families.


This AI summary has been generated from reviews found on Facebook.

Is Sky's The Limit Fund legitimate?

Sky's The Limit Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sky's The Limit Fund 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: $126,923
Professional Fundraising Fees: $0
Other Salaries and Wages: $340,658

For more financial information, click here


Official website here: www.skysthelimitfund.org/

What is the mission statement of Sky's The Limit Fund?

Sky's The Limit Fund's mission is centered around providing extensive support and financial assistance for wilderness therapy to adolescents and young adults in crisis and their families in need. The organization offers financial aid to cover the high costs of wilderness therapy, partnering with various programs that also provide reduced tuition fees. In fiscal year 2023, Sky's The Limit Fund provided $1.26 million in financial assistance to 207 individuals, surpassing $7 million in total support since its inception in 2010. However, due to economic uncertainty and fluctuations in the market, the fund experienced a decrease in revenue compared to the number of applications for support. As a result, Sky's The Limit Fund is focusing on expanding its donor base, generating more revenue, and collaborating with programs that offer at least a 50% nature component, aiming to expand its reach and impact. The organization also provides guidance, mentors, and resources to families, hosts events, and engages in outreach activities to increase awareness of outdoor behavioral healthcare and its benefits.


Official website here: www.skysthelimitfund.org/

Who is the CEO of Sky's The Limit Fund?

Mary Davidson is the Executive Director of Sky's The Limit Fund.


Official website here: www.skysthelimitfund.org/

What is the revenue of Sky's The Limit Fund?

Sky's The Limit Fund's revenue in 2023 was $1,664,843.


Official website here: www.skysthelimitfund.org/

Who are the executives of Sky's The Limit Fund and what are their salaries?

The average compensation at Sky's The Limit Fund during 2023 was $77,930. There are 6 employees and 10 volunteers at Sky's The Limit Fund.


Here are 15 key members and their salaries:


Mary Davidson (Executive Director)
  • Compensation: $113,847
  • Related: $0
  • Other: $0
David Segre (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Naomi Chavez Peters (Board Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa O'Hearn -Keck (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Golstrom (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Cioth (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sid Kapur (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Krancer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Saul (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Eve Taylor (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Zane (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ty Bemis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia Jennings (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Friesen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Bloomstein (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.skysthelimitfund.org/

Where can I find the form 990 for Sky's The Limit Fund?

Sky's The Limit Fund's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.skysthelimitfund.org/

Learn more at the official website: www.skysthelimitfund.org/

Mission Statement of Sky's The Limit Fund

Sky's The Limit Fund, a nonprofit organization, is committed to providing extensive support and financial assistance for wilderness therapy to adolescents and young adults in crisis and their families in need. Its mission is to offset the high cost of wilderness therapy and enable these individuals to attend one of its wilderness therapy program partners. The fund's partners also offer a reduction in tuition, further reducing the financial burden for the family.

The organization provides financial assistance in the form of funding for outdoor therapeutic treatment. In fiscal year 2023, Sky's The Limit Fund provided $1,264,347 of financial assistance to 207 youth and young adults in crisis and their families with financial needs. Since its inception in 2010, the fund has provided over $7 million of support to over 1240 youth and young adults and their families. The total support to families, including the program partners' reduction in fees, exceeds $13 million.

However, the fund has faced challenges due to trends in the industry, levels of giving, and overall donor philanthropy. In contrast to an increase in applications for support, the fund experienced a decrease in revenue in fiscal year 2023. This is partly due to economic uncertainty and fluctuations in the market, as well as lower donations from outdoor therapy families and alumni due to decreased enrollment in outdoor therapy programs. Despite these challenges, the fund continues to expand and diversify its fundraising efforts. It collaborates with leading industry professionals, hosts events, and outreach activities to educate the community on the efficacy and benefits of outdoor behavioral healthcare and transitional support. The fund also aims to expand its reach to those outside of outdoor therapy, to those who believe in the benefits of outdoor behavioral healthcare, and to those who believe in providing care for those in mental health crisis.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Sky's The Limit Fund (STLF) plays a crucial role in addressing the mental health crisis among adolescents and young adults by providing significant financial assistance for wilderness therapy. In the fiscal year 2023, STLF offered over $1.26 million in support to 207 youth in crisis and their families, bringing total assistance to more than $7 million since its inception in 2010. This support has not only alleviated financial burdens but also facilitated access to essential therapeutic resources during critical times.

The organization has responded to the growing need for mental health support exacerbated by the pandemic, witnessing an increase in applications as families face heightened levels of distress. STLF has adapted to industry trends and challenges, such as decreased donor contributions and program enrollment, by exploring new partnerships with accredited organizations that focus on outdoor therapeutic interventions.

Beyond financial assistance, STLF emphasizes comprehensive support for families, offering guidance and mentorship throughout the treatment process. By hosting educational events and outreach activities, they raise awareness about the benefits of outdoor behavioral healthcare, fostering a community that values mental health support for those in crisis.

In an effort to address the increasing demand for services, STLF is committed to diversifying its fundraising strategies and expanding its donor base, ensuring that they can continue to provide vital resources for mental health treatment. Collaborations with industry professionals and ongoing participation in conferences enable STLF to stay informed about best practices and new developments in the field, ensuring that families receive the most effective support possible.




This information is meant to be a general summary of Sky's The Limit Fund. 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.

Revenue
$1,664,843 (2023)
Expenses
$2,152,424 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $17,862
  • Gross Receipts: $5,457,755

Assets and Liabilities:

  • Total Assets: $1,697,688
  • Total Liabilities: $67,387
  • Net Assets: $1,630,301

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

2010

Principal Officer

Mary Davidson

Main Address

510A VALLEY WAY, MILPITAS, CA, 95035

NTEE Category

Code: P20 - Human services

If you are a representative of Sky's The Limit Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.