Overview
What is The Outlet?
The Outlet is a nonprofit organization located in Springfield, Illinois, specifically at P.O. Box 2864. Their primary focus is on supporting fatherless boys and young men aged between 8 and 22. They accomplish this by assigning these individuals positive male role models. Through one-on-one discussions, group workshops, and educational trips, the mentor-mentee pairs establish strong, lasting relationships. The Outlet's mission is to empower young, fatherless individuals to make responsible life choices, uphold spiritual values, explore their talents, and pursue their aspirations. Their services have contributed to numerous success stories, including high school graduations, college or trade school enrollments, entrepreneurial endeavors, and even the return of some participants as mentors themselves. The organization employs a team of 21 dedicated individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (59%)
The Outlet has received a one-star rating from Charity Navigator, indicating significant concerns regarding its overall accountability and financial practices. While the organization boasts a fully independent board, scoring full points in that category, it falls short in critical areas such as financial transparency and the accessibility of its documents. The absence of financial statements and a tax form on its website has notably impacted its rating.
Strengths include a strong governance framework, as the organization has policies in place for conflicts of interest and whistleblowing, along with documented board meeting minutes. However, the low program expense ratio of 54.34% raises questions about the effectiveness of resource allocation towards its stated mission.
While The Outlet demonstrates a commitment to ethical governance, the significant deficiencies in financial documentation and transparency suggest a need for improvement to enhance trust and credibility with donors and stakeholders. Addressing these issues could lead to better ratings and increased support in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Outlet legitimate?
The Outlet is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Outlet 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: $81,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $277,627
For more financial information, click here
What is the mission statement of The Outlet?
The mission of The Outlet, a youth ministry and mentoring initiative, is centered around assisting fatherless boys and young men between the ages of 8 and 22. This mission involves aiding these individuals in developing the capacity to make sound life choices, uphold spiritual values, identify their talents, and pursue their aspirations. Through this program, fatherless youth are paired with positive male role models, fostering the development of strong, enduring relationships. The mentor-mentee pairings engage in discussions about life and the journey towards manhood, attend group workshops, and embark on educational trips together. The outcomes of this program have been substantial, with participants graduating from high school, pursuing higher education or vocational training, starting their own businesses, and even returning to The Outlet to mentor others.
Who is the CEO of The Outlet?
Michael Phelon is the President of The Outlet.
What is the revenue of The Outlet?
The Outlet's revenue in 2022 was $1,082,444.
Who are the executives of The Outlet and what are their salaries?
The average compensation at The Outlet during 2022 was $17,077. There are 21 employees at The Outlet.
Here are 7 key members and their salaries:
- Compensation: $81,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Outlet?
The Outlet's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Outlet
The Outlet, a youth ministry and mentoring initiative, is committed to assisting fatherless young men in central Illinois. Its mission is to empower these individuals, primarily between the ages of 8 and 22, to make informed and responsible life decisions. The organization strives to instill spiritual values in its mentees, encouraging them to explore their unique talents and aspirations, ultimately helping them to realize their dreams.
By pairing these boys and young men with positive male role models, The Outlet fosters the development of strong, enduring relationships. Through open discussions about life and the journey to manhood, group workshops, and educational trips, mentor and mentee pairs forge deep connections that often last a lifetime. Participants in this program have demonstrated impressive achievements, including graduating from high school, pursuing higher education or vocational training, starting their own businesses, and even returning to The Outlet to become mentors themselves.
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Impact
July, 2024
The Outlet's impact is profound in the central Illinois communities it serves. By pairing fatherless boys and young men with positive male role models, The Outlet is equipping these young individuals with the support and guidance they need to navigate life and develop into responsible adults. Through mentorship, workshops, educational trips, and ongoing support, participants of The Outlet have seen significant success in their personal and academic pursuits. Many have graduated high school, pursued higher education or vocational training, started their own businesses, and even returned to The Outlet as mentors themselves. The Outlet is empowering young men to explore their gifts, make positive life decisions, and realize their dreams, making a lasting impact on their lives and the community as a whole.
This information is meant to be a general summary of The Outlet. 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.
- Program Service Revenue: $387,072
- Gross Receipts: $1,082,444
Assets and Liabilities:
- Total Assets: $782,361
- Total Liabilities: $23,278
- Net Assets: $759,083
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Mentoring Youth
Revenue
$387,072
Organization Details
Founding Year
2011
Phone
(312) 330-1240Principal Officer
Michael Phelon
Main Address
P O Box 2864, Springfield, IL, 62708
NTEE Category
Code: P99 - Human services
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