Overview
What is Lansing Exchange Youth Foundation Inc?
Lansing Exchange Youth Foundation Inc, located in Lansing, Michigan, is a nonprofit organization dedicated to supporting disadvantaged and underprivileged youth. They achieve this by offering grants to various organizations, enabling youth to participate in educational programs, camps, sports activities, and youth clubs. Their mission is centered around promoting youth welfare and providing scholarships for financially struggling students. The foundation's initiatives aim to enrich the lives of young individuals, fostering their growth and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The Lansing Exchange Youth Foundation Inc. has achieved a Two-Star rating from Charity Navigator, indicating a moderate level of financial health and accountability. The overall score is heavily influenced by its Accountability & Finance score of 73%, which is derived from various key performance metrics. The organization demonstrates strengths in having a majority independent board and a solid program expense ratio of 96.40%, suggesting that most of its funds are directed toward its charitable mission.
However, there are notable limitations that impact the organization's rating. Key policies such as the Conflict of Interest Policy, Whistleblower Policy, and Document Retention and Destruction policy are currently missing, which raises concerns about governance practices. Additionally, the charity's website does not list its tax form disclosures, which is another area where it has scored poorly.
Overall, while the Lansing Exchange Youth Foundation Inc. shows commitment to its mission through high program expenses and strong board independence, the missing governance policies highlight areas for improvement to enhance transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Lansing Exchange Youth Foundation Inc legitimate?
Lansing Exchange Youth Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lansing Exchange Youth Foundation 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: $0
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What is the mission statement of Lansing Exchange Youth Foundation Inc?
The Lansing Exchange Youth Foundation Inc's mission is centered around promoting the welfare of youth. This is achieved by providing scholarships to financially struggling students. The organization supports various programs that enable disadvantaged and underprivileged youth to engage in educational classes, camps, sports activities, and youth clubs. They accomplish this by granting funds to relevant organizations. The foundation's primary aim is to enhance the educational opportunities and overall well-being of young individuals in need.
Who is the CEO of Lansing Exchange Youth Foundation Inc?
James M Wahl is the Director of Lansing Exchange Youth Foundation Inc.
What is the revenue of Lansing Exchange Youth Foundation Inc?
Lansing Exchange Youth Foundation Inc's revenue in 2022 was $29,872.
Who are the executives of Lansing Exchange Youth Foundation Inc and what are their salaries?
There 12 volunteers at Lansing Exchange Youth Foundation Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Lansing Exchange Youth Foundation Inc?
Lansing Exchange Youth Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lansing Exchange Youth Foundation Inc
Lansing Exchange Youth Foundation Inc, a nonprofit organization, is dedicated to promoting youth welfare activities and providing scholarships for financially struggling students. In line with its mission, the foundation supports various programs aimed at enabling disadvantaged and underprivileged youth to participate in educational classes, camps, sports activities, and youth clubs. To accomplish this, the foundation grants funds to organizations that share its vision of uplifting young individuals. By providing these opportunities, Lansing Exchange Youth Foundation Inc strives to create a positive impact on the lives of young people, helping them to reach their full potential and overcome the challenges they face.
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Impact
October, 2024
Lansing Exchange Youth Foundation Inc significantly impacts the community by promoting youth welfare and providing essential scholarships for underprivileged students. By supporting programs designed for disadvantaged youth, the foundation enables access to educational classes, camps, sports activities, and youth clubs. This not only fosters personal development but also encourages participation and engagement among youth who may otherwise face barriers to such experiences.
Through grants to various organizations, the foundation ensures that these opportunities are available to those in need, helping to create a more equitable landscape for education and personal growth. The emphasis on supporting disadvantaged and underprivileged youth plays a crucial role in building a stronger, more inclusive community in Lansing, Michigan. Ultimately, the foundation's efforts contribute to nurturing the next generation of leaders, enhancing their skills and potential while providing them with the resources necessary to succeed.
This information is meant to be a general summary of Lansing Exchange Youth Foundation 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.
- Investment Income: $29,872
- Gross Receipts: $49,931
Assets and Liabilities:
- Total Assets: $491,057
- Total Liabilities: $0
- Net Assets: $491,057
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Organization Details
Phone
(517) 902-6575Principal Officer
James M Wahl
Main Address
505 KENWAY DRIVE, LANSING, MI, 489173042
NTEE Category
Code: Z99 - Unknown
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