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Ynot Outdoors Inc

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

EIN: 364524470 ✦ Springfield, IL ✦ Designated as a 501(c)(3)

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Overview

What is Ynot Outdoors Inc?

Ynot Outdoors Inc, based on the provided information, is a nonprofit organization that is committed to providing child care services through its Summer School and After School programs. This organization goes beyond traditional child care, focusing on youth development programs and additional services. By offering these programs, Ynot Outdoors aims to support and nurture the growth of young individuals, promoting overall development and well-being.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 52% (One-Star out of Four Star rating)

Ynot Outdoors Inc has received a low rating of 52%, which indicates concerns regarding its accountability and financial transparency. The organization lacks independent board members, with a score of 0% in this area, which points to potential governance issues. Furthermore, the absence of financial statements and several key policies, such as conflict of interest and whistleblower policies, contributes to its low accountability score.

On a positive note, Ynot Outdoors demonstrates strong financial health with a program expense ratio of 99.99%, suggesting that nearly all of its funds are directed toward its programs. Additionally, its liabilities to assets ratio is low at 7.08%, indicating a solid financial position in terms of managing obligations. The organization also keeps thorough records of board meeting minutes, displaying some level of operational transparency.

However, the lack of essential documents and policies compromises the organization's overall integrity and raises red flags for potential donors. The absence of a website listed on its tax form and missing tax documents on its website further highlight the need for improvement in transparency and communication with stakeholders.


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

Is Ynot Outdoors Inc legitimate?

Ynot Outdoors Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ynot Outdoors 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $272,716

For more financial information, click here

What is the mission statement of Ynot Outdoors Inc?

Ynot Outdoors Inc, through its Summer School and After School programs, is dedicated to providing child care services. The organization has a focus on youth development and offers various related services. Their mission is to foster the growth and well-being of young individuals, ensuring they have the necessary support and opportunities for personal development. Ynot Outdoors Inc aims to contribute positively to the development of future generations.

Who is the CEO of Ynot Outdoors Inc?

James Loftus is the Officer of Ynot Outdoors Inc.

What is the revenue of Ynot Outdoors Inc?

Ynot Outdoors Inc's revenue in 2022 was $521,149.

Who are the executives of Ynot Outdoors Inc and what are their salaries?

The average compensation at Ynot Outdoors Inc during 2022 was $10,489. There are 26 employees at Ynot Outdoors Inc.


Here are 3 key members and their salaries:


James Loftus (Officer)
  • Compensation: $170,000
  • Related: $0
  • Other: $17,000
Mitzi Loftus (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Cascio (Manager)
  • Compensation: $39,290
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ynot Outdoors Inc?

Ynot Outdoors Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ynot Outdoors Inc

Ynot Outdoors Inc, a nonprofit organization, is dedicated to enriching the lives of children through its Summer School and After School programs. This esteemed institution focuses on youth development, providing a plethora of services beyond just childcare. Ynot Outdoors Inc's mission is to foster growth and learning in young minds, nurturing their potential and preparing them for future challenges. By offering a comprehensive approach to childcare, the organization ensures that children not only receive education but also engage in activities that foster personal development. Through its youth development programs, Ynot Outdoors Inc aims to equip children with the skills and knowledge they need to navigate their lives successfully.

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Impact




July, 2024

Ynot Outdoors Inc's impact is significant in providing child care through its Summer School and After School programs in Springfield, IL. Specializing in youth development programs and other services, Ynot Outdoors Inc is dedicated to supporting the growth and well-being of children in the community. Through their tailored programs, they play a crucial role in nurturing the potential of young individuals and equipping them with valuable skills for the future. Their commitment to youth development is evident in the positive impact they have on the lives of the children they serve.




This information is meant to be a general summary of Ynot Outdoors 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.

Revenue
$521,149 (2022)
Expenses
$504,454 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $715
  • Program Service Revenue: $520,434
  • Gross Receipts: $521,149

Assets and Liabilities:

  • Total Assets: $232,751
  • Total Liabilities: $16,500
  • Net Assets: $216,251

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program Fees

Revenue

$520,434

Organization Details

Founding Year

2003

Principal Officer

James Loftus

Main Address

2626 E Lake Drive, Springfield, IL, 62712

NTEE Category

Code: O50 - Youth development

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