Overview
What is Young Scholars Developmental Institute?
The Young Scholars Developmental Institute is a nonprofit organization situated in Chicago, Illinois. Their primary focus is providing high-quality childcare services to children ranging from 24 months to 12 years old. They are dedicated to supporting low-income families by offering scholarships to make their services more accessible. The institute employs a team of 18 individuals, demonstrating their commitment to the well-being of the children they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star rating. This rating reflects a solid performance in accountability and finance, which are crucial aspects for nonprofit organizations. The score indicates that Young Scholars Developmental Institute is maintaining transparency and responsible financial management.
The organization demonstrates strong governance, with 60% of its board members being independent, ensuring objectivity in decision-making. The financial oversight is robust, highlighted by a perfect score in audit and oversight and no instances of asset diversion. Additionally, the presence of a whistleblower policy and proper documentation practices shows a commitment to ethical operations.
However, it's important to note that the charity's overall score relies solely on the accountability and finance category. While the financial health appears sound, potential supporters may want to explore other performance metrics or program outcomes, which are not reflected in the current rating. Overall, Young Scholars Developmental Institute shows a commendable commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Young Scholars Developmental Institute legitimate?
Young Scholars Developmental Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Scholars Developmental Institute 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $691,624
For more financial information, click here
What is the mission statement of Young Scholars Developmental Institute?
The Young Scholars Developmental Institute is dedicated to offering high-quality childcare services to children ranging from 24 months to 12 years old. A significant portion of their services is extended to families with limited income through the provision of scholarships. Their mission aims to ensure that every child in their care receives excellent early education and development opportunities, regardless of their family's financial situation.
Who is the CEO of Young Scholars Developmental Institute?
Eli Campbell is the Pres. of Young Scholars Developmental Institute.
What is the revenue of Young Scholars Developmental Institute?
Young Scholars Developmental Institute's revenue in 2022 was $1,085,303.
Who are the executives of Young Scholars Developmental Institute and what are their salaries?
The average compensation at Young Scholars Developmental Institute during 2022 was $38,424. There are 18 employees at Young Scholars Developmental Institute.
Here are 5 key members and their salaries:
- Compensation: $129,480
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Young Scholars Developmental Institute?
Young Scholars Developmental Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Young Scholars Developmental Institute
Young Scholars Developmental Institute, a nonprofit organization, is committed to offering top-notch childcare services to children ranging from 24 months to 12 years old. Notably, the institute extends financial assistance in the form of scholarships to families who fall under the low-income bracket.
In essence, the mission of Young Scholars Developmental Institute is geared towards providing affordable and high-quality childcare services to families in need. By offering scholarships, the institute ensures that children from low-income families have access to a nurturing and stimulating environment, which is crucial for their development and overall well-being. The institute's dedication to this cause underscores its commitment to promoting equitable opportunities for children from diverse backgrounds.
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
Young Scholars Developmental Institute positively impacts the community by offering quality childcare services to children aged 24 months to 12 years old. By providing these essential services, the Institute fosters a nurturing environment that supports the developmental needs of young children. Additionally, scholarships for low-income families ensure that financial barriers do not prevent access to quality care and early childhood education. This commitment not only enhances the well-being of children but also supports families in Chicago, helping to build a stronger, more resilient community.
This information is meant to be a general summary of Young Scholars Developmental Institute. 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: $1,085,303
Assets and Liabilities:
- Total Assets: $229,610
- Total Liabilities: $315,857
- Net Assets: -$86,247
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1999
Phone
(773) 918-1944Principal Officer
Eli Campbell
Main Address
3038 W 59TH STREET, CHICAGO, IL, 60629
NTEE Category
Code: P33 - Human services
If you are a representative of Young Scholars Developmental Institute 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.