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Taylar Young Memorial Foundation

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

EIN: 460838447 ✦ Anchorage, AK ✦ Designated as a 501(c)(3)

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Overview

What is Taylar Young Memorial Foundation?

The Taylar Young Memorial Foundation is a nonprofit organization located at 1907 POST ROAD, ANCHORAGE, AK, 99501. Its primary mission is twofold: firstly, it aims to maintain and enhance the Taylar Young Memorial Baseball Field. Secondly, the foundation provides educational and athletic scholarships to deserving student-athletes residing in Alaska. By supporting these projects and scholarships, the Taylar Young Memorial Foundation contributes to the local community and encourages youth participation in sports and education.


Official website here: www.fortaylar.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating

The Taylar Young Memorial Foundation has received a 76% rating from Charity Navigator, signifying a Three-Star rating based on its performance in the Accountability & Finance category. The foundation excels in having a completely independent board, which is composed of five members, and it shows no material diversion of assets, indicating a high level of financial integrity.

However, the organization faces some challenges in its governance practices, as it lacks several key policies. Specifically, it does not have a conflict of interest policy, a whistleblower policy, or a document retention and destruction policy in place. These gaps could affect its overall governance score despite its strong financial health, which includes a program expense ratio of 92.48%, reflecting a commitment to using funds for its programs effectively.

Overall, while the Taylar Young Memorial Foundation demonstrates strong financial management and accountability, addressing the noted governance deficiencies could enhance its operational transparency and further improve its standing in the nonprofit sector.


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

Is Taylar Young Memorial Foundation legitimate?

Taylar Young Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Taylar Young Memorial 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.fortaylar.com

What is the mission statement of Taylar Young Memorial Foundation?

The Taylar Young Memorial Foundation is committed to pursuing special projects for the Taylar Young Memorial Baseball Field and awarding educational and athletic scholarships to qualified student-athletes in Alaska. Their primary mission includes funding the maintenance of the baseball field and providing financial assistance to deserving student-athletes, aiming to support their academic and athletic endeavors. The foundation's efforts contribute to fostering talent and promoting the importance of education and sports in Alaska.


Official website here: www.fortaylar.com

Who is the CEO of Taylar Young Memorial Foundation?

Dennis L Young is the President of Taylar Young Memorial Foundation.


Official website here: www.fortaylar.com

What is the revenue of Taylar Young Memorial Foundation?

Taylar Young Memorial Foundation's revenue in 2021 was $51,779.


Official website here: www.fortaylar.com

Who are the executives of Taylar Young Memorial Foundation and what are their salaries?

There 15 volunteers at Taylar Young Memorial Foundation.


Here are 5 key members and their salaries:


Dennis L Young (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Blommer (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen M Davis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carey Miknich (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Bentx (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fortaylar.com

Where can I find the form 990 for Taylar Young Memorial Foundation?

Taylar Young Memorial Foundation's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.fortaylar.com

Learn more at the official website: www.fortaylar.com

Mission Statement of Taylar Young Memorial Foundation

The Taylar Young Memorial Foundation, a nonprofit organization, is committed to two primary objectives. Firstly, it aims to undertake special projects for the Taylar Young Memorial Baseball Field. Secondly, the foundation provides educational and athletic scholarships to qualified student-athletes residing in Alaska. The foundation's mission is to contribute to the maintenance of the baseball field and support deserving athletes in their academic and athletic pursuits.

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Impact




August, 2024

The Taylar Young Memorial Foundation's impact is significant in supporting educational and athletic opportunities for student athletes in Alaska. The foundation works towards maintaining the Taylar Young Memorial Baseball Field and provides scholarships to deserving individuals. This commitment to enhancing the lives of student athletes underscores the foundation's dedication to promoting both academic and athletic excellence in the community.




This information is meant to be a general summary of Taylar Young Memorial 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
$51,779 (2021)
Expenses
$28,215 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $17
  • Program Service Revenue: $26,280
  • Gross Receipts: $71,987

Assets and Liabilities:

  • Total Assets: $43,830
  • Total Liabilities: $0
  • Net Assets: $43,830

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

QUALIFIED SPONSORSHIP

Revenue

$26,280

Organization Details

Founding Year

2012

Principal Officer

Dennis L Young

Main Address

1907 POST ROAD, ANCHORAGE, AK, 99501

NTEE Category

Code: B11 - Education

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