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Transforming Youth Movement Inc

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

EIN: 464937048 ✦ Concord, NC ✦ Designated as a 501(c)(3)

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Overview

What is Transforming Youth Movement Inc?

Transforming Youth Movement Inc, located in Concord, North Carolina, is a dedicated nonprofit organization that primarily serves at-risk and court-involved youth residing in Union, Mecklenburg, Cabarrus, and Rowan counties within the Piedmont region of North Carolina. The organization's primary mission is to inspire community transformation and foster positive social change, achieving this goal through various initiatives. These initiatives encompass mentoring, educational enhancement, career preparedness, cultural and social awareness, and civic engagement. The nonprofit aims to empower these youth, helping them earn funds toward court-ordered restitution. With a team of 30 dedicated employees, Transforming Youth Movement Inc has a significant impact on the lives of approximately 600 young individuals in the region.


Official website here: www.tyminc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Star rating)

Transforming Youth Movement Inc has received an 88% rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization has demonstrated strong governance, with an entirely independent board, which contributes positively to its transparency and operational integrity. The financial health appears robust, with a high program expense ratio of 91.90%, suggesting that most funds are directly allocated to its mission.

The organization has achieved high scores across various accountability metrics, such as having no material diversion of assets and maintaining comprehensive financial statements. However, it was noted that the organization is missing a whistleblower policy, which is crucial for ensuring transparency and protecting individuals who report unethical practices.

Overall, while Transforming Youth Movement Inc shows commendable financial management and governance practices, the absence of certain policies may indicate areas for improvement in safeguarding accountability further. The organization’s commitment to transparency is evident, but adopting additional policies could enhance its operational effectiveness.


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

Is Transforming Youth Movement Inc legitimate?

Transforming Youth Movement Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Transforming Youth Movement 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: $629,582

For more financial information, click here


Official website here: www.tyminc.org

What is the mission statement of Transforming Youth Movement Inc?

Transforming Youth Movement Inc's mission is centered around inspiring community transformation and promoting positive social change. The organization particularly focuses on at-risk or court-involved youth, aiming to empower them to contribute positively to their communities. Through various programs, Transforming Youth Movement Inc provides mentoring, educational enhancement, career preparedness, cultural and social awareness, and civic engagement opportunities to approximately 600 youth in the Piedmont region of North Carolina, including Union, Mecklenburg, Cabarrus, and Rowan Counties. The organization also assists these youth in earning money towards restitution as ordered by the court system.


Official website here: www.tyminc.org

Who is the CEO of Transforming Youth Movement Inc?

Alex Harris is the Board Chairm of Transforming Youth Movement Inc.


Official website here: www.tyminc.org

What is the revenue of Transforming Youth Movement Inc?

Transforming Youth Movement Inc's revenue in 2022 was $923,880.


Official website here: www.tyminc.org

Who are the executives of Transforming Youth Movement Inc and what are their salaries?

The average compensation at Transforming Youth Movement Inc during 2022 was $20,986. There are 30 employees and 20 volunteers at Transforming Youth Movement Inc.


Here are 3 key members and their salaries:


Alex Harris (Board Chairm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Mclaughlin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melody Murray (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tyminc.org

Where can I find the form 990 for Transforming Youth Movement Inc?

Transforming Youth Movement Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tyminc.org

Learn more at the official website: www.tyminc.org

Mission Statement of Transforming Youth Movement Inc

Transforming Youth Movement Inc, a nonprofit organization, is dedicated to inspiring community transformation and fostering positive social change, primarily focusing on at-risk or court-involved youth. Their mission is to empower these young individuals, providing them with essential resources such as mentoring, educational enhancement, career preparedness, cultural and social awareness, and civic engagement. By offering these services, Transforming Youth Movement Inc aims to help these youth earn money towards restitution, as ordered by the court system, thereby contributing to their personal growth and development.

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Impact




July, 2024

Transforming Youth Movement Inc has made a significant impact by inspiring community transformation and positive social change through at-risk and court-involved youth. They have provided mentoring, educational enhancement, career preparedness, cultural and social awareness, and civic engagement to approximately 600 youth in the Piedmont region of North Carolina. Additionally, the organization has worked with youth to help them earn money toward restitution when ordered by the court system. Their efforts in youth development have contributed to the personal growth and empowerment of many young individuals in the community.




This information is meant to be a general summary of Transforming Youth Movement 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.

Revenue
$923,880 (2022)
Expenses
$949,043 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $923,880

Assets and Liabilities:

  • Total Assets: $110,735
  • Total Liabilities: $18,369
  • Net Assets: $92,366

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Organization Details

Founding Year

2014

Principal Officer

Alex Harris

Main Address

7140 WEDDINGTON ROAD SUITE 120, CONCORD, NC, 28027

NTEE Category

Code: O30 - Youth development

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