Overview
What is Vela Youth Fund Inc?
Vela Youth Fund Inc is a nonprofit organization that dedicates its resources to empowering Black youth. Their mission is multifaceted, encompassing the spiritual, cultural, social, and academic growth of these young individuals. By financially supporting various organizations directly working with Black youth, Vela Youth Fund aims to foster a holistic development that equips them with the necessary tools for a fulfilling life. The specific activities and mission details are not provided in the information, but it is clear that their focus is on uplifting the Black community's youth through diverse avenues.
Official website here: www.velayouthfund.org
Is Vela Youth Fund Inc legitimate?
Vela Youth Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vela Youth Fund Inc submitted a form 990EZ, 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.
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Official website here: www.velayouthfund.org
What is the mission statement of Vela Youth Fund Inc?
The Vela Youth Fund, in its mission, financially aids organizations that are dedicated to the growth and development of Black youth, encompassing their spiritual, cultural, social, and academic needs. The organization's primary objective is to provide these organizations with the necessary resources to foster the holistic development of Black youth. By doing so, the Vela Youth Fund aims to contribute to the betterment and empowerment of the younger generation within the Black community.
Official website here: www.velayouthfund.org
What is the revenue of Vela Youth Fund Inc?
Vela Youth Fund Inc's revenue in 2024 was $72,677.
Official website here: www.velayouthfund.org
Who are the executives of Vela Youth Fund Inc and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.velayouthfund.org
Where can I find the form 990EZ for Vela Youth Fund Inc?
Vela Youth Fund Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.
Official website here: www.velayouthfund.org
Learn more at the official website: www.velayouthfund.org
Mission Statement of Vela Youth Fund Inc
Vela Youth Fund, a nonprofit organization, is dedicated to financially backing initiatives that positively impact Black youth. Their mission encompasses the spiritual, cultural, social, and academic growth of these young individuals. By providing financial support to organizations that work directly with Black youth, Vela Youth Fund aims to foster an environment where these young people can thrive and reach their full potential. The organization's commitment to this mission is a testament to its belief in the importance of nurturing the next generation of Black leaders and contributors to society.
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Impact
August, 2024
Vela Youth Fund Inc's impact is significant in supporting organizations that work directly with Black youth for their spiritual, cultural, social, and academic development. Through their financial support, Vela Youth Fund contributes to empowering and uplifting Black youth in various areas of their lives. Their work plays a crucial role in fostering growth, opportunity, and positive outcomes for the Black youth community.
This information is meant to be a general summary of Vela Youth Fund 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 2024.
- Investment Income: $3,050
- Gross Receipts: $73,177
Assets and Liabilities:
- Total Assets: $64,100
- Total Liabilities: $0
- Net Assets: $64,100
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Organization Details
Website
www.velayouthfund.orgNTEE Category
Code: Q20 - International
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