Overview
What is Yana Ministry Inc?
Yana Ministry Inc is a nonprofit organization situated in Paramus, New Jersey, with a mission to offer hope and a future to orphans and children living in poverty worldwide. Their primary objective is to provide an alternative path in life for children who often find themselves marginalized in society. They aim to convey the message that "You are not alone" and offer the necessary support, love, and guidance to make this message a tangible reality. The organization operates various programs, including the Flying Happiness Program, which invites students from a children's center in South Korea to visit the United States. During their stay, the children tour major attractions, companies, universities, and campuses and spend time with their supporters to foster closer relationships. Yana Ministry Inc also offers the Yana Study Abroad Program for orphans who excel in their college studies, providing them with the opportunity to further their education in the U.S. by securing housing, appropriate visas, and offering community and accountability to increase their chances of success. The Yana Korea Program supports activities and programs consistent with the organization's mission in South Korea. Other initiatives include the Dongmyung Trip, Project Joy, a scholarship program, and the BFF Program, which provides financial support of $30 per person each month. Lastly, the Ynot Event is a publicity and promotion program. With a team of 6 dedicated individuals, Yana Ministry Inc strives to make a positive impact on the lives of orphans and children in need.
Official website here: www.yanaministry.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating
Yana Ministry Inc has achieved a high level of accountability and finance management, earning a 92% score from Charity Navigator, which reflects strong performance in maintaining financial integrity. The organization boasts an entirely independent board, with 100% of its members being independent, which contributes positively to its governance practices. Most financial indicators such as program expense ratio (90.57%) and liabilities to assets ratio (2.29%) further underline its effective financial management.
The charity has implemented several governance policies, including conflict of interest and document retention policies, which are well documented. However, it lacks a whistleblower policy, which is noted as a limitation in its accountability practices. Despite this shortcoming, the overall strong performance in other areas indicates a commitment to transparency and ethical management.
Overall, Yana Ministry Inc demonstrates a robust commitment to financial responsibility and governance, making it a reliable choice for potential donors. The organization's strengths, particularly in board independence and program expense ratios, suggest effective resource allocation towards its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Yana Ministry Inc legitimate?
Yana Ministry Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yana Ministry 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: $206,320
For more financial information, click here
Official website here: www.yanaministry.org
What is the mission statement of Yana Ministry Inc?
Yana Ministry Inc, a non-profit organization, is dedicated to providing hope and a future for orphans and children living in poverty worldwide. Their mission is to offer an alternative path in life for children who are often marginalized in society. They aim to convey the message that these children are not alone and provide them with the necessary support, love, and guidance to make this message a tangible reality.
Official website here: www.yanaministry.org
Who is the CEO of Yana Ministry Inc?
Soonkyu Shin is the Coo/Secretar of Yana Ministry Inc.
Official website here: www.yanaministry.org
What is the revenue of Yana Ministry Inc?
Yana Ministry Inc's revenue in 2022 was $940,136.
Official website here: www.yanaministry.org
Who are the executives of Yana Ministry Inc and what are their salaries?
The average compensation at Yana Ministry Inc during 2022 was $34,387. There are 6 employees and 30 volunteers at Yana Ministry Inc.
Here are 18 key members and their salaries:
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Official website here: www.yanaministry.org
Where can I find the form 990 for Yana Ministry Inc?
Yana Ministry Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.yanaministry.org
Learn more at the official website: www.yanaministry.org
Mission Statement of Yana Ministry Inc
Yana Ministry Inc, a non-profit organization, is dedicated to bringing hope and a future to orphans and children living in poverty around the world. Their mission is to offer an alternative path in life for children who are often marginalized in society. They strive to convey the message that they are not alone and provide the necessary support, love, and guidance to make this message a tangible reality. The organization aims to offer these children a chance at a better life, extending beyond their current circumstances.
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Impact
July, 2024
Yana Ministry Inc's impact is substantial in providing hope and a future for orphans and children living in poverty around the world. Through programs like Flying Happiness, Yana Study Abroad, Yana Korea, Dongmyung Trip, Project Joy, BFF, and Ynot Event, the organization is actively forging closer relationships between children and their supporters, providing educational opportunities, scholarships, financial support, and promoting youth development. By offering these services and support, Yana Ministry Inc is making a concrete difference in the lives of vulnerable children, showing them they are not alone and guiding them towards a better future.
This information is meant to be a general summary of Yana Ministry 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,042
- Gross Receipts: $940,136
Assets and Liabilities:
- Total Assets: $789,567
- Total Liabilities: $18,098
- Net Assets: $771,469
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Organization Details
Founding Year
2012
Phone
(201) 446-5871Principal Officer
Soonkyu Shin
Main Address
18 ESSEX ROAD, PARAMUS, NJ, 07652
Website
www.yanaministry.orgNTEE Category
Code: O50 - Youth development
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