Overview
What is Youth Employment Academy?
Youth Employment Academy is a nonprofit organization situated in Denver, Colorado. Their mission is to assist young adults in overcoming generational poverty within the local community. They achieve this by providing comprehensive training in education, arts, technology, and employment skills. The academy operates a unique culinary training center, The Osage Cafe, situated in Denver's Lincoln Park neighborhood. Here, youth aged 16 to 24 learn and practice culinary arts, preparing affordable, healthy meals for customers. The 45-hour course concludes with a ServSafe certification. Following successful completion, students are eligible for paid internships at the cafe. Graduates leave with valuable skills, work experience, and assistance with further education and employment placement. With a team of 11 dedicated individuals, the Youth Employment Academy plays a significant role in empowering young adults to build a stable future.
Official website here: www.youthemploymentacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
The Youth Employment Academy has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization scored particularly well in areas such as independent board members, with 87% of its board being independent, and it received full points for its financial audit and program expense ratios. These factors suggest a commitment to transparency and effective financial management, which are essential for building trust with donors and stakeholders.
However, the organization does have some limitations noted in its evaluation. While it scored well in many areas, it missed points for not having a whistleblower policy in place, which is an important aspect of governance that promotes ethical conduct. Additionally, despite a strong program expense ratio of 73.92%, its liabilities to assets ratio was less favorable at 89.83%, indicating potential financial stress that could impact its operations in the future.
Overall, Youth Employment Academy appears to be a responsible organization with a focus on financial integrity and strong governance practices, but it may need to address certain areas to improve its overall rating and sustainability in the long run.
This AI summary has been generated from information found on Charity Navigator.
Is Youth Employment Academy legitimate?
Youth Employment Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Youth Employment Academy 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: $520,739
For more financial information, click here
Official website here: www.youthemploymentacademy.org
What is the mission statement of Youth Employment Academy?
The Youth Employment Academy's mission is to aid young adults in breaking the cycle of generational poverty within Denver communities. This is achieved by providing them with personal and economic stability through education, arts, technology, and employment training. By offering these resources, the Academy aims to equip these young adults with the necessary skills to secure stable jobs and improve their lives. The Academy also operates a culinary training center, where young individuals aged 16 to 24 can gain practical experience in the culinary arts, complete a ServSafe certification, and potentially secure paid internships. Upon completion, graduates emerge with marketable skills and experience, and the Academy extends assistance with their further education and employment placement.
Official website here: www.youthemploymentacademy.org
Who is the CEO of Youth Employment Academy?
Marian Lawrence is the Chair of Youth Employment Academy.
Official website here: www.youthemploymentacademy.org
What is the revenue of Youth Employment Academy?
Youth Employment Academy's revenue in 2022 was $1,805,916.
Official website here: www.youthemploymentacademy.org
Who are the executives of Youth Employment Academy and what are their salaries?
The average compensation at Youth Employment Academy during 2022 was $47,340. There are 11 employees and 14 volunteers at Youth Employment Academy.
Here are 8 key members and their salaries:
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- Related: $340,438
- Other: $39,740
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Official website here: www.youthemploymentacademy.org
Where can I find the form 990 for Youth Employment Academy?
Youth Employment Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.youthemploymentacademy.org
Learn more at the official website: www.youthemploymentacademy.org
Mission Statement of Youth Employment Academy
The Youth Employment Academy, a nonprofit organization based in Denver, is dedicated to serving young adults from local communities, with the goal of breaking the cycle of generational poverty. Through a comprehensive approach, they aim to provide these individuals with personal and economic stability. This is achieved through a combination of education, arts, technology, and employment training.
The Youth Employment Academy's mission is not just about providing theoretical knowledge, but also about offering practical skills that can be applied in the real world. One of their most notable initiatives is the Culinary Academy, which operates within a community-based youth culinary training center, the Osage Cafe. Located in Denver's Lincoln Park neighborhood, this cafe offers affordable, healthy meals prepared by young adults aged 16 to 24. These individuals are undergoing training for jobs in the culinary arts, with the Academy offering a 45-hour course that includes a ServSafe certification upon completion.
Upon successfully completing the course, trainees are eligible for a paid internship at the cafe. This hands-on experience allows them to build marketable skills and gain real-world experience. Upon graduation, these individuals emerge with a solid foundation in the culinary arts and are assisted with education and employment placement, ensuring a smooth transition into the workforce. The Youth Employment Academy's mission is thus not only about providing education but also about empowering young adults to transform their lives and break the cycle of poverty.
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Impact
July, 2024
Youth Employment Academy's impact is tangible in Denver communities, where it serves young adults in breaking the cycle of generational poverty. Through education, arts, technology, and employment training programs, it equips youth with the skills and opportunities they need to gain personal and economic stability. The Osage Cafe, Denver's first community-based youth culinary training center, provides hands-on experience for youth aged 16 to 24 in the culinary arts. Graduates of the culinary academy emerge with marketable skills and experience, paving the way for further education and employment opportunities. This initiative not only helps individuals but also contributes to the overall development and upliftment of the community.
This information is meant to be a general summary of Youth Employment Academy. 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: $877,050
- Gross Receipts: $1,805,916
Assets and Liabilities:
- Total Assets: $3,110,189
- Total Liabilities: $2,793,886
- Net Assets: $316,303
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OSAGE CAFE
Revenue
$434,139
YOUTH ACADEMIES
Revenue
$181,216
DECATUR FRESH
Revenue
$156,978
OSAGE KITCHEN
Revenue
$104,717
Organization Details
Founding Year
2012
Phone
(720) 932-3052Principal Officer
Marian Lawrence
Main Address
PO BOX 40305, DENVER, CO, 80204
NTEE Category
Code: O50 - Youth development
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