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Young House Family Services Foundation Inc

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

EIN: 421330459 ✦ Burlington, IA ✦ Designated as a 501(c)(3)

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Overview

What is Young House Family Services Foundation Inc?

Young House Family Services Foundation Inc is a nonprofit organization situated in Burlington, Iowa, specifically at 4717 Sullivan Slough Road. Its primary purpose is to fundraise for the operational and capital expenditures of Young House Family Services, Inc. The foundation also aims to encourage initiatives and activities that positively impact Young House Family Services, its clients, and staff. By doing so, it strives to enhance the overall well-being of the community associated with this organization.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (73%)

Young House Family Services Foundation Inc has received a two-star rating from Charity Navigator, indicating that there are significant areas of concern, particularly in governance and transparency. While the organization scores well in several areas, including having a fully independent board and a solid liabilities-to-assets ratio, it lacks critical policies and practices that are essential for management accountability.

The foundation excels in maintaining an independent board and has demonstrated effectiveness in program expenses, reflecting its commitment to utilizing funds for its mission. However, the absence of key policies such as conflict of interest, whistleblower protections, and proper documentation practices raises red flags about its operational integrity. Additionally, the organization does not publish its tax form or other important documents on its website, which limits transparency.

Overall, while Young House Family Services Foundation Inc shows strengths in certain financial metrics, the lack of governance measures and transparency practices indicates a need for improvement to enhance trust and accountability among stakeholders.


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

Is Young House Family Services Foundation Inc legitimate?

Young House Family Services Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young House Family Services 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: $9,050

For more financial information, click here

What is the mission statement of Young House Family Services Foundation Inc?

Young House Family Services Foundation Inc's mission is centered around raising financial support for the operational and capital needs of Young House Family Services, a non-profit organization. The foundation also aims to foster endeavors and activities that positively impact the organization and its clients and staff. By doing so, they aim to enhance the services provided by Young House Family Services, thereby benefiting the community it serves.

Who is the CEO of Young House Family Services Foundation Inc?

Melissa Brown is the Cfo of Young House Family Services Foundation Inc.

What is the revenue of Young House Family Services Foundation Inc?

Young House Family Services Foundation Inc's revenue in 2023 was $46,749.

Who are the executives of Young House Family Services Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


Melissa Brown (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Shilling (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Stanbary (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Young House Family Services Foundation Inc?

Young House Family Services Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Young House Family Services Foundation Inc

Young House Family Services Foundation Inc is an organization dedicated to raising financial support for Young House Family Services, Inc., its clients, and its staff. Their mission is twofold. Firstly, they aim to provide the necessary funds for the operational and capital needs of Young House Family Services, Inc., ensuring the continuity and improvement of their services. Secondly, they promote initiatives and activities that will positively impact the nonprofit organization and its beneficiaries. By engaging in these endeavors, Young House Family Services Foundation Inc aims to contribute to the betterment of the organization and the lives of those it serves.

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Impact




August, 2024

Young House Family Services Foundation Inc plays a crucial role in providing financial support for the operating and capital needs of Young House Family Services in Burlington, IA. This support directly impacts the organization's ability to serve its clients and staff through various endeavors and activities. By facilitating fundraising efforts and promoting initiatives that benefit Young House Family Services, the foundation contributes significantly to the welfare of its community members in need of human services.




This information is meant to be a general summary of Young House Family Services 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.

Revenue
$46,749 (2023)
Expenses
$25,851 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $22,195
  • Program Service Revenue: $20,872
  • Gross Receipts: $46,749

Assets and Liabilities:

  • Total Assets: $649,753
  • Total Liabilities: $6,331
  • Net Assets: $643,422

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Programs

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

ANNUAL BANQUET

Revenue

$20,872

Organization Details

Principal Officer

Melissa Brown

Main Address

4717 SULLIVAN SLOUGH ROAD, BURLINGTON, IA, 52601

NTEE Category

Code: P40Z - Human services

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