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The Gryd Foundation

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

EIN: 454927250 ✦ Glendale, CA ✦ Designated as a 501(c)(3)

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Overview

What is The Gryd Foundation?

The Gryd Foundation, based in Glendale, California, is a nonprofit organization committed to empowering youth from historically marginalized communities. Despite challenges posed by the COVID-19 pandemic and the resulting economic crisis, the foundation continued its mission to provide resources and opportunities for personal growth. Their core services during this period included distributing food supplies, organizing sports activities, and conducting community engagement workshops focused on arts, culinary, wellness, fitness, and educational skills. To achieve these goals, 19 youth workers were hired. The foundation's vision is to foster a safer and healthier Los Angeles, with an emphasis on underprivileged communities disproportionately impacted by gang violence and resource scarcity due to racial and socioeconomic disparities.


Official website here: www.grydfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

The Gryd Foundation has received a commendable rating of 83%, reflecting a solid commitment to accountability and transparency in its operations. The organization boasts an impressive Culture & Community Score of 100, indicating strong alignment with its mission and engagement in the communities it serves. Its Program Expense Ratio of 91.10% suggests that a significant portion of its resources is directed toward its programs, which is a positive indicator for potential donors.

Moreover, the foundation demonstrates strong governance practices with 100% of its board members being independent, ensuring that decisions are made without conflicts of interest. The charity has established several robust policies, including those for whistleblower protections and document retention, which contribute to its overall accountability. The absence of material diversion of assets further reinforces trust in the organization's financial integrity.

While the Gryd Foundation's strengths are notable, potential donors should always consider the full scope of its impact and mission objectives. The available data highlights its financial health and governance, but further information about program outcomes and community impact could provide a more comprehensive understanding of its effectiveness.


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

Is The Gryd Foundation legitimate?

The Gryd Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Gryd 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: $87,526
Professional Fundraising Fees: $0
Other Salaries and Wages: $368,602

For more financial information, click here


Official website here: www.grydfoundation.org

What is the mission statement of The Gryd Foundation?

The Gryd Foundation's mission is centered around empowering every youth, regardless of race, gender, or location. Their goal is to provide the necessary resources, opportunities, and systems that enable these youth to grow up and lead healthy, fulfilling lives. The foundation focuses on creating a safer and healthier environment, particularly in historically marginalized communities that have been significantly impacted by gang violence. These communities often lack resources due to racial and socioeconomic inequalities. The mission of The Gryd Foundation is to address these issues and contribute to the betterment of these communities.


Official website here: www.grydfoundation.org

Who is the CEO of The Gryd Foundation?

Jada Curtis is the Executive Director of The Gryd Foundation.


Official website here: www.grydfoundation.org

What is the revenue of The Gryd Foundation?

The Gryd Foundation's revenue in 2022 was $1,082,019.


Official website here: www.grydfoundation.org

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

The average compensation at The Gryd Foundation during 2022 was $26,831. There are 17 employees and 9 volunteers at The Gryd Foundation.


Here are 10 key members and their salaries:


Adrienne Newsom (Executive Director)
  • Compensation: $87,526
  • Related: $0
  • Other: $0
Jada Curtis (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Whitehead (Chief Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Stoops (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Do (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Riley Perez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Gabelman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pablo Estrada (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Gilbert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Cassilas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.grydfoundation.org

Where can I find the form 990 for The Gryd Foundation?

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


Official website here: www.grydfoundation.org

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

Mission Statement of The Gryd Foundation

The Gryd Foundation, with a strong belief in equality, aims to ensure that every youth, regardless of their race, gender, or location, has the necessary resources, opportunities, and systems to grow up and lead fulfilling, healthy lives. The organization's mission is centered around creating a safer and healthier Los Angeles, with a particular focus on historically marginalized communities that have been heavily impacted by gang violence and often lack resources due to racial and socioeconomic disparities. The Gryd Foundation strives to make a difference in these communities, providing them with the tools and support they need to overcome these challenges and thrive.

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Impact




July, 2024

The Gryd Foundation has a significant impact in creating a safer and healthier Los Angeles, particularly in historically marginalized communities heavily affected by gang violence. Through initiatives such as the Summer Night Lights and Fall Friday Nights programs, the foundation provides essential services like distributing food staples to promote healthy nutrition, organizing sports activities, and offering community engagement workshops in various areas such as arts, culinary, wellness, fitness, and educational skills classes. Additionally, The Gryd Foundation also prioritizes youth employment by hiring young workers to help implement these core programming services. By focusing on youth development and addressing issues of racial and socioeconomic inequities, The Gryd Foundation is actively working to ensure that all young individuals have the resources and opportunities to lead fulfilling lives.




This information is meant to be a general summary of The Gryd 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
$1,082,019 (2022)
Expenses
$1,554,225 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,082,019

Assets and Liabilities:

  • Total Assets: $113,422
  • Total Liabilities: $2,452
  • Net Assets: $110,970

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Organization Details

Founding Year

2012

Principal Officer

Jada Curtis

Main Address

1321 ROSSMOYNE AVE, GLENDALE, CA, 91027

NTEE Category

Code: O50 - Youth development

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