Overview
What is The Yes Network?
The Yes Network is a nonprofit organization, based in Saint Cloud, Minnesota, primarily focused on addressing child nutrition needs. They manage programs such as the Summer Food Service Program (SFSP) and the Child and Adult Care Food Program (CACFP), providing nutritious meals to underprivileged children and youth during summer months and after-school hours. The organization also responds to community demands by implementing innovative projects and experiences, leveraging local resources and talents to foster greater connectivity. With around 40 employees, The Yes Network is committed to enhancing the well-being and development of children in low-income neighborhoods.
Official website here: www.yesnetworkmn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Yes Network has achieved a commendable rating of 96% from Charity Navigator, indicating a high level of accountability and financial management. This rating is derived solely from their performance in the Accountability & Finance category, showcasing the organization's commitment to transparency and effective use of resources. Their fiscal responsibility is evident, with a strong program expense ratio of 90.22%, which shows that a significant majority of their expenditures are directed towards their programs.
The organization boasts an entirely independent board, which is a positive indicator of governance quality, receiving full points for board independence and size. Additionally, they have robust financial oversight mechanisms in place, evidenced by a fully compliant audit and oversight committee. Policies concerning conflicts of interest, whistleblower protections, and document retention are all in place, further demonstrating their commitment to ethical practices.
While the rating reflects a well-managed organization, the summary does not provide insights into the specific programs or impact of The Yes Network's initiatives. This limitation suggests that while financial metrics are strong, potential donors or supporters may want to seek additional information regarding the effectiveness and outcomes of their programs to fully assess the organization's overall impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is The Yes Network legitimate?
The Yes Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Yes Network 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: $113,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $552,487
For more financial information, click here
Official website here: www.yesnetworkmn.org
What is the mission statement of The Yes Network?
The Yes Network responds to emerging community needs by implementing innovative projects and experiences. These initiatives primarily leverage and enhance existing community assets, particularly the talents and inherent potential of local residents, to foster greater connectivity. The organization's primary focus is on child nutrition programs, such as the Summer Food Service Program (SFSP) and Child and Adult Care Food Program (CACFP). Through these programs, they provide nutritious meals to children and youth residing in low-income neighborhoods during summer months and afterschool programs during the academic year, respectively.
Official website here: www.yesnetworkmn.org
What is the revenue of The Yes Network?
The Yes Network's revenue in 2023 was $867,355.
Official website here: www.yesnetworkmn.org
Who are the executives of The Yes Network and what are their salaries?
The average compensation at The Yes Network during 2023 was $12,558. There are 53 employees and 108 volunteers at The Yes Network.
Here are 9 key members and their salaries:
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- Compensation: $113,100
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Official website here: www.yesnetworkmn.org
Where can I find the form 990 for The Yes Network?
The Yes Network's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.yesnetworkmn.org
Learn more at the official website: www.yesnetworkmn.org
Mission Statement of The Yes Network
The Yes Network responds to emerging community needs by initiating a variety of innovative projects and experiences. These initiatives aim to leverage and strengthen existing community assets, particularly the talent and inherent potential of local residents, thereby promoting greater connectivity. The organization's mission is centered around utilizing these resources to address community requirements effectively.
In essence, The Yes Network operates with a vision to empower local residents, recognizing their talent and potential as the cornerstone of community development. By responding to evolving community needs, the organization fosters a sense of connectivity and unity, strengthening the fabric of the community as a whole.
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Impact
October, 2024
The Yes Network has a significant impact on the community by responding to emerging needs through innovative projects that leverage local assets and talent. It primarily focuses on child nutrition programs, such as the Summer Food Service Program (SFSP) and the Child and Adult Care Food Program (CACFP), which provide nutritious meals to children and youth in low-income neighborhoods. By addressing food security, especially during summer months and afterschool programs, The Yes Network promotes the health and well-being of at-risk youth, ensuring they receive adequate nutrition and educational support throughout the year. This approach not only nourishes children but also fosters greater connectivity within the community, enhancing overall resilience and cohesion.
This information is meant to be a general summary of The Yes Network. 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.
- Program Service Revenue: $71,049
- Gross Receipts: $867,355
Assets and Liabilities:
- Total Assets: $971,538
- Total Liabilities: $884
- Net Assets: $970,654
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF MEALS
Revenue
$71,021
YOUTH LEADERSHIP
Revenue
$28
Organization Details
Founding Year
2013
Principal Officer
Jerry Sparby
Website
www.yesnetworkmn.orgNTEE Category
Code: K30 - Food
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