Overview
What is Friend Of Youth The Foundation C/O Karl Tyminski Treasurer?
Friend of Youth The Foundation, under the leadership of Karl Tyminski as the treasurer, is a nonprofit organization based in Ballwin, Missouri. The foundation's primary mission is to support and serve youth, primarily from economically disadvantaged areas in their community. They achieve this by providing grants through the Youth Work Fund. This fund serves as the sole source of financial aid for the St. Louis Optimist Club's youth programs. The grants are primarily allocated to organizations like the Youth and Family Center and City Academy, which carry out the actual youth programs. The Friend of Youth Foundation, a section of the St. Louis Optimist Club, is dedicated to funding initiatives that promote education, recreation, and health among young people, as well as providing financial assistance to not-for-profit groups serving the youth population.
Official website here: www.stloptimists.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Friend of Youth The Foundation has earned a Three-Star rating from Charity Navigator, reflecting an overall score of 76%. This rating is based on a single beacon score that emphasizes Accountability and Finance, indicating that the organization is financially responsible and transparent. The evaluation highlights strong governance practices, such as having a fully independent board and no material diversion of assets.
The organization exhibits excellent financial health, with a program expense ratio of 96.84%, which means that nearly all of its expenses are directed towards its programs. Additionally, it has a commendable liability to assets ratio of 0.00%, indicating no outstanding liabilities. However, the organization has some shortcomings, particularly in its governance policies, as it lacks conflict of interest and whistleblower policies, along with a document retention and destruction policy.
Overall, while Friend of Youth The Foundation demonstrates a strong commitment to financial accountability and effective programmatic spending, the absence of certain governance policies may raise concerns for some stakeholders. Addressing these areas could further enhance the foundation's credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Friend Of Youth The Foundation C/O Karl Tyminski Treasurer legitimate?
Friend Of Youth The Foundation C/O Karl Tyminski Treasurer is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friend Of Youth The Foundation C/O Karl Tyminski Treasurer 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
For more financial information, click here
Official website here: www.stloptimists.org
What is the mission statement of Friend Of Youth The Foundation C/O Karl Tyminski Treasurer?
The mission of Friend Of Youth The Foundation is centered around providing support and services for youth. The foundation achieves this by having its members volunteer to assist organizations in the St. Louis area with educational, recreational, and health programs. In addition, the foundation offers financial assistance to not-for-profit groups serving youth. The Friend Of Youth Foundation is specifically dedicated to funding this mission through its Youth Work Fund. This fund solely supports the St. Louis Optimist Club's programs for youth, primarily benefiting economically disadvantaged areas of the community. The grants provided by the foundation are given to other 501(c)3 organizations, such as the Youth and Family Center and City Academy, which carry out the actual youth programs.
Official website here: www.stloptimists.org
Who is the CEO of Friend Of Youth The Foundation C/O Karl Tyminski Treasurer?
Karl Tyminski is the Trustee of Friend Of Youth The Foundation C/O Karl Tyminski Treasurer.
Official website here: www.stloptimists.org
What is the revenue of Friend Of Youth The Foundation C/O Karl Tyminski Treasurer?
Friend Of Youth The Foundation C/O Karl Tyminski Treasurer's revenue in 2022 was $207,611.
Official website here: www.stloptimists.org
Who are the executives of Friend Of Youth The Foundation C/O Karl Tyminski Treasurer and what are their salaries?
There 7 volunteers at Friend Of Youth The Foundation C/O Karl Tyminski Treasurer.
Here are 5 key members and their salaries:
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Official website here: www.stloptimists.org
Where can I find the form 990 for Friend Of Youth The Foundation C/O Karl Tyminski Treasurer?
Friend Of Youth The Foundation C/O Karl Tyminski Treasurer's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stloptimists.org
Learn more at the official website: www.stloptimists.org
Mission Statement of Friend Of Youth The Foundation C/O Karl Tyminski Treasurer
The Friend of Youth Foundation, under the leadership of Karl Tyminski as Treasurer, is dedicated to supporting and serving youth in the St. Louis area. The organization achieves this mission by having its club members volunteer their time and resources to various organizations within the community. These contributions are geared towards education, recreation, and health programs designed for youth.
Beyond volunteering, the Friend of Youth Foundation also provides financial assistance to not-for-profit organizations that focus on serving youth. The foundation's primary funding mechanism is the Youth Work Fund, which serves as the sole financial backbone for the St. Louis Optimist Club's youth programs. Grants from this fund primarily benefit youth residing in economically disadvantaged areas of the community. The Friend of Youth Foundation channels these grants to other 501(c)3 organizations, such as the Youth and Family Center and City Academy, which are responsible for carrying out the actual youth programs.
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Impact
October, 2024
Friend Of Youth The Foundation, led by Treasurer Karl Tyminski, plays a significant role in enhancing the lives of young people in economically disadvantaged areas. By providing grants through the Youth Work Fund, the foundation supports initiatives and programs offered by local organizations, such as the St. Louis Optimist Club, Youth and Family Center, and City Academy.
These initiatives focus on education, recreation, and health, ensuring that youth in the community have access to essential resources and opportunities that promote their development. Volunteers from the club actively participate in these programs, extending their support and expertise to help create a positive impact on the youth they serve. Overall, the foundation fosters hope and empowerment for young people, contributing to healthier, more resilient communities.
This information is meant to be a general summary of Friend Of Youth The Foundation C/O Karl Tyminski Treasurer. 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: $207,611
- Gross Receipts: $207,611
Assets and Liabilities:
- Total Assets: $2,828,435
- Total Liabilities: $0
- Net Assets: $2,828,435
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Organization Details
Founding Year
1916
Phone
(636) 675-0190Principal Officer
Karl Tyminski
Main Address
2 BITTERFIELD COURT, BALLWIN, MO, 630114002
Website
www.stloptimists.orgNTEE Category
Code: O20J - Youth development
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