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The Young Living Foundation

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

EIN: 432007854 ✦ Lehi, UT ✦ Designated as a 501(c)(3)

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Overview

What is The Young Living Foundation?

The Young Living Foundation is a nonprofit organization situated in Lehi, Utah. Its primary mission is to safeguard and empower young individuals worldwide by advocating for education, fostering entrepreneurship, and combating exploitation. Specifically, the foundation has shown a strong commitment to assisting communities recovering from disasters, with a notable project in Nepal aimed at rebuilding and restoring schools damaged by the 2015 earthquakes. The foundation's work encompasses providing sustainable relief, emphasizing the importance of education, and addressing exploitation issues.


Official website here: www.younglivingfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 91% (Four-Star out of Four Star rating)

The Young Living Foundation has earned a strong Four-Star rating from Charity Navigator, reflecting its commitment to accountability and financial health. With a Leadership & Adaptability score of 100 and an Accountability & Finance score of 90, the organization demonstrates effective governance and responsible financial practices. Notably, the foundation has no material diversion of assets and maintains a high program expense ratio, indicating a focus on mission-driven activities.

User feedback from Great Nonprofits highlights the foundation's dedication to making a global impact. A donor praised the organization for its commitment to following through on projects and for the positive experiences it creates for individuals involved, such as sponsoring children in Ecuador. This personal connection and encouragement for increased involvement further underline the foundation's effective community engagement.

However, the organization has some limitations noted in its governance policies, including missing conflict of interest, whistleblower, and document retention policies. Addressing these gaps could enhance transparency and trust further among stakeholders. Overall, The Young Living Foundation is recognized for its strong operational performance and donor satisfaction, although improvements in governance policies are recommended.


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

Is The Young Living Foundation legitimate?

The Young Living Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Young Living Foundation 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: $135,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $620,979

For more financial information, click here


Official website here: www.younglivingfoundation.org

What is the mission statement of The Young Living Foundation?

The Young Living Foundation's mission is centered around protecting and empowering the world's youth. They achieve this by advocating for education, fostering entrepreneurship, and working towards the eradication of exploitation. The organization's goal is to provide young individuals with the necessary tools and opportunities to thrive in a safe and equitable environment. In response to disasters, the foundation has supported various communities by focusing on sustainable relief. A notable project in Nepal, funded by the foundation, involves rebuilding and restoring schools that were damaged during the 2015 earthquakes.


Official website here: www.younglivingfoundation.org

Who is the CEO of The Young Living Foundation?

Marin Bryce is the Executive Di of The Young Living Foundation.


Official website here: www.younglivingfoundation.org

What is the revenue of The Young Living Foundation?

The Young Living Foundation's revenue in 2022 was $5,410,482.


Official website here: www.younglivingfoundation.org

Who are the executives of The Young Living Foundation and what are their salaries?

There 219 volunteers at The Young Living Foundation.


Here are 11 key members and their salaries:


Mary Young (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Case (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Bishop (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danette Goodyear (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Goodyear (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Riley (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susana Armstrong (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyler Higginson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Burchfield (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Verick Burchfield (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marin Bryce (Executive Di)
  • Compensation: $0
  • Related: $135,000
  • Other: $37,500


Official website here: www.younglivingfoundation.org

Where can I find the form 990 for The Young Living Foundation?

The Young Living Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.younglivingfoundation.org

Learn more at the official website: www.younglivingfoundation.org

Mission Statement of The Young Living Foundation

The Young Living Foundation, a notable nonprofit organization, is committed to protecting and empowering the world's young population. This is achieved through three key strategies: championing education, developing enterprise, and working towards the eradication of exploitation. By promoting education, the foundation aims to equip the young with the knowledge and skills necessary for a brighter future. The development of enterprise, on the other hand, provides opportunities for the youth to become self-sufficient and contributing members of their communities. Lastly, ending exploitation is a critical aspect of the foundation's mission, as it strives to shield the young from harmful practices and situations. The Young Living Foundation's dedication to these initiatives reflects its strong belief in the potential of the world's youth and its commitment to making a positive impact in their lives.

In response to global disasters, The Young Living Foundation has demonstrated its mission in action. A significant project undertaken in Nepal, for instance, focused on rebuilding and restoring schools that were damaged during the 2015 earthquakes. This initiative demonstrated the foundation's commitment to providing sustainable relief and ensuring that the children of these communities have access to quality education, which is a crucial component of its mission. The Young Living Foundation's work in Nepal underscores its dedication to protecting and empowering the world's young, providing them with the tools and opportunities they need to thrive.

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Impact




July, 2024

The Young Living Foundation's impact is significant as it works to protect and empower the world's youth through championing education, developing enterprise, and ending exploitation. The foundation has supported numerous communities impacted by disasters, with a key focus on providing sustainable relief. One notable project funded in Nepal focuses on rebuilding and restoring schools impacted by the 2015 earthquakes. Through its mission, The Young Living Foundation is making a tangible difference in the lives of young individuals, helping them access education and opportunities for a better future.




This information is meant to be a general summary of The Young Living Foundation. 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
$5,410,482 (2022)
Expenses
$3,034,814 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $5,410,482

Assets and Liabilities:

  • Total Assets: $7,919,218
  • Total Liabilities: $156,088
  • Net Assets: $7,763,130

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Organization Details

Founding Year

2003

Principal Officer

Marin Bryce

Main Address

1538 WEST SANDALWOOD DRIVE, LEHI, UT, 84043

NTEE Category

Code: H05 - Medical research

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