Overview
What is Youth Invest Partners Inc?
Youth Invest Partners Inc is a nonprofit organization situated in the National Capital Region. Their primary focus is to support high-performing organizations that cater to the vital developmental, learning, and educational needs of children from low-income families. By investing in these organizations, Youth Invest Partners aims to enhance their capacities and improve the lives of these children, thereby contributing to a stronger and more equitable community.
Official website here: www.vppartners.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 94% (Four-Star out of Four Star rating)
Youth Invest Partners Inc has received a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. With a score of 94%, the organization demonstrates excellent governance, evidenced by its entirely independent board and well-structured oversight committees.
Key strengths include a high program expense ratio of 76.58%, indicating that a significant portion of its funds is directed towards its mission rather than administrative costs. Additionally, the organization maintains efficient fundraising practices, with a fundraising efficiency ratio of just $0.09, showcasing its ability to maximize the impact of donations.
While the organization exhibits strong financial health and operational oversight, its liabilities to assets ratio is 41.19%, suggesting that it has some financial obligations relative to its assets. However, overall, Youth Invest Partners Inc stands out for its robust governance and financial management practices.
This AI summary has been generated from information found on Charity Navigator.
Is Youth Invest Partners Inc legitimate?
Youth Invest Partners Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Youth Invest Partners 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: $494,781
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,551,144
For more financial information, click here
Official website here: www.vppartners.org
What is the mission statement of Youth Invest Partners Inc?
Youth Invest Partners Inc, as an organization, focuses on investing in high-performing nonprofits that cater to the essential developmental, learning, and educational needs of children from low-income families. Their mission is to enhance these key areas, thereby positively impacting the lives of these children in the National Capital Region. They aim to support organizations that are making a significant contribution to this cause, thereby promoting holistic growth and development among the youth from economically disadvantaged backgrounds.
Official website here: www.vppartners.org
Who is the CEO of Youth Invest Partners Inc?
Carol Thompson Cole is the President, Ceo And Director of Youth Invest Partners Inc. The CEO's salary of Youth Invest Partners Inc is $285,372 and their total compensation is $314,993.
Official website here: www.vppartners.org
What is the revenue of Youth Invest Partners Inc?
Youth Invest Partners Inc's revenue in 2023 was $3,849,312.
Official website here: www.vppartners.org
Who are the executives of Youth Invest Partners Inc and what are their salaries?
The average compensation at Youth Invest Partners Inc during 2023 was $113,662. There are 18 employees and 24 volunteers at Youth Invest Partners Inc.
Here are 31 key members and their salaries (Youth Invest Partners Inc's CEO's salary is $285,372 and their total compensation is $314,993):
- Compensation: $285,372
- Related: $0
- Other: $29,621
- Compensation: $195,362
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- Other: $5,779
- Compensation: $180,799
- Related: $0
- Other: $18,812
- Compensation: $178,137
- Related: $0
- Other: $15,185
- Compensation: $166,696
- Related: $0
- Other: $26,320
- Compensation: $170,454
- Related: $0
- Other: $7,241
- Compensation: $122,390
- Related: $0
- Other: $12,332
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Official website here: www.vppartners.org
Where can I find the form 990 for Youth Invest Partners Inc?
Youth Invest Partners Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vppartners.org
Learn more at the official website: www.vppartners.org
Mission Statement of Youth Invest Partners Inc
Youth Invest Partners Inc, as a nonprofit organization, dedicates its investments towards high-performing entities that are committed to addressing the fundamental developmental, learning, and educational needs of children hailing from low-income families in the National Capital Region. The mission of this organization is centered around supporting these nonprofits, ensuring they deliver optimal services that cater to the core developmental, educational, and learning requirements of these children. This approach aims to foster a positive impact on their overall growth and future prospects.
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Impact
October, 2024
Youth Invest Partners Inc actively supports high-performing nonprofit organizations dedicated to addressing the critical developmental, learning, and educational needs of children from low-income families in the National Capital Region. By investing in these organizations, Youth Invest Partners Inc plays a crucial role in enhancing the quality of life and opportunities for underserved youth, fostering healthier development, and ensuring access to education. Their efforts contribute to breaking the cycle of poverty, empowering families, and promoting equity within the community, ultimately leading to a brighter future for the children they serve.
This information is meant to be a general summary of Youth Invest Partners 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.
- Investment Income: $6,411
- Gross Receipts: $3,901,876
Assets and Liabilities:
- Total Assets: $5,051,549
- Total Liabilities: $2,081,022
- Net Assets: $2,970,527
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Organization Details
Founding Year
2000
Phone
(202) 263-4795Principal Officer
Carol Thompson Cole
Main Address
1101 VERMONT AVENUE NW Suite 300, Washington, DC, 20005
Website
www.vppartners.orgNTEE Category
Code: T112 - Philanthropy
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