Overview
What is Sixers Youth Foundation?
The Sixers Youth Foundation is a philanthropic organization situated in Camden, New Jersey. It invests in programs that positively impact underserved youth across Greater Philadelphia. Through its philanthropic efforts, the foundation encourages innovative approaches to foster social-emotional, academic, and physical development in young people. This is accomplished through basketball activities, classroom involvement, and community engagement. In the recent fiscal year, the foundation allocated $713,000 in philanthropic investments, impacted 8,500 youth, and raised $983,000. The foundation's mission is to harness the power of sports to inspire and educate future generations within the communities where its fan base resides, works, and plays.
Official website here: www.sixersyouthfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Sixers Youth Foundation has achieved a respectable rating of 83%, indicating a solid level of accountability and financial health. The organization boasts a fully independent board, which is a positive sign of governance, and scores well in areas such as financial oversight and asset management, demonstrating a commitment to responsible practices. The program expense ratio of 69.36% reflects a strong focus on its mission-oriented programs.
However, the foundation does have some areas for improvement. Key policies such as a conflict of interest policy, whistleblower policy, and document retention policy were noted as missing, which could raise concerns regarding transparency and governance. Additionally, the absence of the tax form on the nonprofit's website is a limitation that could hinder public access to financial information.
Overall, while the Sixers Youth Foundation has established a foundation of trust and accountability through its independent governance structure and financial practices, addressing the noted gaps in policies and documentation could enhance its credibility and operational transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Sixers Youth Foundation legitimate?
Sixers Youth Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sixers Youth 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: $173,192
Professional Fundraising Fees: $0
Other Salaries and Wages: $58,996
For more financial information, click here
Official website here: www.sixersyouthfoundation.org
What is the mission statement of Sixers Youth Foundation?
The Sixers Youth Foundation utilizes the power of sports to inspire and educate future generations in various communities. Their mission is to support organizational programs that positively impact underserved youth, focusing on enhancing their social-emotional, academic, and physical skills both on and off the basketball court, as well as in their communities. In the previous fiscal year, the foundation invested $713,000 in philanthropic initiatives, impacting 8,500 youth and raising an additional $983,000. By harnessing the influence of sports, the Sixers Youth Foundation aims to foster personal growth and development in the next generation.
Official website here: www.sixersyouthfoundation.org
Who is the CEO of Sixers Youth Foundation?
David Collins is the Executive Director of Sixers Youth Foundation.
Official website here: www.sixersyouthfoundation.org
What is the revenue of Sixers Youth Foundation?
Sixers Youth Foundation's revenue in 2022 was $955,452.
Official website here: www.sixersyouthfoundation.org
Who are the executives of Sixers Youth Foundation and what are their salaries?
Here are 11 key members and their salaries:
- Compensation: $152,567
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- Other: $20,625
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Official website here: www.sixersyouthfoundation.org
Where can I find the form 990 for Sixers Youth Foundation?
Sixers Youth Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sixersyouthfoundation.org
Learn more at the official website: www.sixersyouthfoundation.org
Mission Statement of Sixers Youth Foundation
The Sixers Youth Foundation, a nonprofit organization, leverages the power of sports to motivate and educate future generations in the communities where fans reside, work, and play. Their mission is to invest in organizational programs that positively impact underserved youth in neighborhoods across greater Philadelphia. Through philanthropic investments, the foundation supports innovative methods to foster social-emotional, academic, and physical development in young people both on the basketball court, in classrooms, and in their communities. In the past fiscal year, the organization invested $713,000 in philanthropic endeavors, impacting a total of 8,500 youth, and raising an additional $983,000.
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Impact
July, 2024
The impact of the Sixers Youth Foundation is significant in the Greater Philadelphia area. By investing in organizational programs that target underserved youth in various neighborhoods, the foundation is able to create opportunities for young people to develop their social-emotional, academic, and physical skills. Through initiatives both on the basketball court and in the classroom, the foundation reaches a wide range of youth and helps them thrive in their communities. In the past fiscal year, the foundation invested $713K in philanthropic efforts, impacted 8,500 youth, and raised $983K to support its mission. The foundation's dedication to using the power of sport to inspire and educate future generations has made a positive difference in the communities where fans live, work, and play.
This information is meant to be a general summary of Sixers Youth 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.
- Investment Income: $8,230
- Gross Receipts: $981,547
Assets and Liabilities:
- Total Assets: $1,311,020
- Total Liabilities: $264,400
- Net Assets: $1,046,620
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Organization Details
Founding Year
2012
Phone
(610) 677-2299Principal Officer
David Collins
Main Address
3 BANNER WAY, CAMDEN, NJ, 08103
NTEE Category
Code: T31 - Philanthropy
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