Overview
What is Kentucky Youth And Childrens Foundation?
The Kentucky Youth and Children's Foundation is a nonprofit organization situated in Somerset, Kentucky. Their primary goal is to foster philanthropy by offering a straightforward method for individuals to donate to the betterment of underprivileged children in the state. The organization's mission is rooted in encouraging charitable giving, aiming to make this process easily accessible for those wishing to contribute to the well-being of vulnerable children in Kentucky.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1-Star out of Four Stars (50%)
The Kentucky Youth and Children's Foundation has received a low rating of 50%, which reflects significant deficiencies in its accountability and financial practices. Notably, the organization does not have any independent board members, which is a critical aspect of governance that helps ensure objectivity and transparency.
While the foundation has achieved a strong program expense ratio of 87.18%, indicating that a large portion of its resources is dedicated to its programs, the lack of essential governance policies such as a conflict of interest policy and a whistleblower policy raises concerns. Additionally, the absence of a publicly accessible website and missing documentation further detracts from the organization's credibility.
Overall, while the foundation demonstrates commitment through its programming, the glaring issues in governance and accountability warrant caution for potential donors. Improvements in these areas are essential for enhancing trust and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Kentucky Youth And Childrens Foundation legitimate?
Kentucky Youth And Childrens Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kentucky Youth And Childrens 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
What is the mission statement of Kentucky Youth And Childrens Foundation?
The Kentucky Youth and Children's Foundation's mission is centered around fostering philanthropic contributions. It achieves this by offering a convenient platform for donations, with the ultimate goal of benefiting disadvantaged children in Kentucky. The organization's mission is to motivate individuals and organizations to contribute financially, aiming to improve the lives of underprivileged children in the state. By providing an accessible means for charitable contributions, the foundation aims to make a substantial impact on the well-being of these children.
Who is the CEO of Kentucky Youth And Childrens Foundation?
Mary Taylor is the Treasurer of Kentucky Youth And Childrens Foundation.
What is the revenue of Kentucky Youth And Childrens Foundation?
Kentucky Youth And Childrens Foundation's revenue in 2022 was $0.
Who are the executives of Kentucky Youth And Childrens Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Kentucky Youth And Childrens Foundation?
Kentucky Youth And Childrens Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kentucky Youth And Childrens Foundation
Kentucky Youth and Children's Foundation, a nonprofit organization, is dedicated to inspiring charitable contributions. Its primary objective is to make it convenient for individuals to donate towards the welfare of underprivileged children in Kentucky. By providing an accessible platform for philanthropic giving, the foundation aims to make a positive impact on the lives of these children. The organization's mission is centered around fostering a culture of generosity, ensuring that the needs of Kentucky's needy children are met through thoughtful and impactful contributions.
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Impact
October, 2024
Kentucky Youth and Children's Foundation significantly impacts the lives of needy children in Kentucky by fostering a culture of philanthropy. Through its streamlined approach to contributions, it facilitates meaningful donations that directly support children in need. By encouraging community involvement and charitable giving, the foundation ensures that resources flow to those who require assistance the most. This proactive strategy not only addresses immediate needs but also inspires a sense of collective responsibility and hope within the community, ultimately enhancing the well-being of vulnerable children throughout the state.
This information is meant to be a general summary of Kentucky Youth And Childrens 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $1,694,257
- Total Liabilities: $0
- Net Assets: $1,694,257
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Organization Details
Founding Year
2012
Phone
(606) 676-0082Principal Officer
Mary Taylor
Main Address
PO Box 1149, Somerset, KY, 42502
NTEE Category
Code: T30 - Philanthropy
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