Overview
What is Introspect Youth Services Inc?
Introspect Youth Services Inc, based in Chicago, Illinois, is a nonprofit organization that focuses on providing pre-collegiate services for 75 youths, primarily those who are potentially first-generation college students from low-income families. Their mission is to engage these young individuals in various activities, events, and programs aimed at fostering their positive growth. The goal is to empower and enlighten these youths, enabling them to fully participate as global citizens. The organization's main program is the Upward Bound Math & Science Program, which operates in the city.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating.
Introspect Youth Services Inc has received a low overall rating of 52%, indicating significant concerns regarding its accountability and financial practices. The organization has no independent board members, which raises questions about governance and oversight. While they have performed well in areas such as financial statement oversight and have shown no material diversion of assets, the absence of independent governance structures is a notable weakness.
The charity is marked by a lack of essential policies, including conflict of interest, whistleblower, and document retention policies, which can undermine trust and transparency. Furthermore, the organization's website is not listed on their tax form, and it has failed to post key documents like its tax form on their website, further diminishing its accountability. This lack of transparency could deter potential donors who are looking for clear and accessible information about the charity's operations.
Despite these shortcomings, Introspect Youth Services Inc is utilizing its resources effectively in terms of program expenses, with a 100% program expense ratio. However, its high liabilities to assets ratio of 100% suggests potential financial instability. Overall, while the organization is focused on its mission, significant governance and transparency issues need to be addressed to improve its rating and build donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Introspect Youth Services Inc legitimate?
Introspect Youth Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Introspect Youth Services 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: $120,875
Professional Fundraising Fees: $0
Other Salaries and Wages: $423,667
For more financial information, click here
What is the mission statement of Introspect Youth Services Inc?
Introspect Youth Services Inc's mission is centered around engaging youth in various activities, events, and programs that foster their positive growth. The organization aims to empower these young individuals, encouraging them to evolve into enlightened adults who can fully contribute as global citizens. Their primary activity, the Upward Bound Math & Science Program, caters to 75 youths, primarily from low-income families and with potential to become first-generation college students. This program provides pre-collegiate services to assist these young individuals in their academic journey towards higher education.
Who is the CEO of Introspect Youth Services Inc?
Bernard Clay - is the Executive Director of Introspect Youth Services Inc.
What is the revenue of Introspect Youth Services Inc?
Introspect Youth Services Inc's revenue in 2022 was $1,414,981.
Who are the executives of Introspect Youth Services Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Introspect Youth Services Inc?
Introspect Youth Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Introspect Youth Services Inc
Introspect Youth Services Inc is dedicated to engaging young individuals in a variety of activities, events, and programs that are designed to foster their positive growth. The organization's mission is to nurture these youth, encouraging them to develop into empowered and enlightened adults who can actively participate as global citizens. To achieve this, Introspect Youth Services Inc implements pre-collegiate services through the Upward Bound Math & Science Program, which caters to 75 youths, many of whom are potentially the first generation in their families to attend college and hail from low-income backgrounds.
In essence, Introspect Youth Services Inc aims to empower young individuals, equipping them with the knowledge and skills necessary for successful participation in the global community. The organization's programs and activities are geared towards nurturing self-confidence, fostering critical thinking, and instilling a sense of responsibility and engagement in the broader world. By promoting positive growth and enlightenment, Introspect Youth Services Inc aspires to create a generation of young adults who are capable of making meaningful contributions to society as a whole.
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Impact
October, 2024
Introspect Youth Services Inc significantly impacts the lives of young people in Chicago by engaging them in a variety of activities, events, and programs tailored to foster their positive growth. The organization empowers youth to become enlightened and active participants in society as they develop into confident adults.
One of the key initiatives is the Upward Bound Math & Science Program, which provides essential pre-collegiate services to 75 youths, with a focus on those from low-income families who are often first-generation college students. By offering support in these critical areas, Introspect Youth Services Inc helps to level the playing field and create pathways to higher education for those who may not have access to such opportunities otherwise.
Overall, the efforts of Introspect Youth Services Inc cultivate an environment where young individuals can thrive, equipping them with the skills and confidence necessary to navigate their futures effectively and contribute positively to their communities and the world at large.
This information is meant to be a general summary of Introspect Youth Services 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: $1,414,981
Assets and Liabilities:
- Total Assets: $70,767
- Total Liabilities: $16,606
- Net Assets: $54,161
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Organization Details
Founding Year
1975
Phone
(773) 287-2290Principal Officer
Bernard Clay -
Main Address
374-76 N Cicero Ave, Chicago, IL, 60649
NTEE Category
Code: O50 - Youth development
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