Yeoded Inc

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

EIN: 465179400 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Yeoded Inc?

Yeoded Inc, located in Brooklyn, New York, is a nonprofit organization that focuses on supporting boys and teens who are dealing with the absence of a father figure. With a mission to provide warmth and hope, Yeoded offers tutoring services to help these young individuals with their academic development. Moreover, the tutors function as mentors, forming a close connection with the children, offering them a male role model to look up to and confide in. The organization, with a staff of three, operates within the boundaries of Brooklyn, NY, 11219.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Stars)

Yeoded Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in Accountability and Finance. The rating is solely based on this aspect, indicating a strong commitment to responsible financial management. With an Accountability & Finance Score of 77, the organization meets a number of important criteria that contribute to its overall rating.

The charity demonstrates significant strengths, particularly in governance, as evidenced by having a completely independent board and robust conflict of interest and whistleblower policies. Additionally, the organization maintains a favorable liabilities to assets ratio and a high program expense ratio, which suggests that a substantial portion of its budget is directed towards its programs rather than administrative costs.

However, while the rating is commendable, it is important to note that the overall score reflects only the Accountability & Finance aspect. There may be other factors, such as program impact or community engagement, that are not captured in this rating but are crucial for potential donors or supporters to consider.


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

Is Yeoded Inc legitimate?

Yeoded Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yeoded 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: $0

For more financial information, click here

What is the mission statement of Yeoded Inc?

Yeoded Inc's mission is centered around supporting boys and teenagers who are lacking a father figure in their lives. The organization provides them with academic assistance through tutoring, ensuring their academic growth. Beyond academics, the tutors also serve as mentors, establishing a connection with the children and offering a male figure they can confide in. This sense of having a role model can significantly impact the children, instilling a sense of hope and confidence in them.

Who is the CEO of Yeoded Inc?

Lazer Lisauer is the President of Yeoded Inc.

What is the revenue of Yeoded Inc?

Yeoded Inc's revenue in 2022 was $2,188,179.

Who are the executives of Yeoded Inc and what are their salaries?

There are 3 employees at Yeoded Inc.


There is 1 key member and their salary:


Lazer Lisauer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Yeoded Inc?

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

Mission Statement of Yeoded Inc

Yeoded Inc, a nonprofit organization, is dedicated to supporting boys and teens who are grappling with the absence of a father figure in their lives. By providing them with tutors, Yeoded ensures their academic growth while also serving as a mentor. This mentor-tutor relationship is instrumental in offering the child a sense of hope and a male figure to look up to. The tutor's role extends beyond academics, fostering a connection with the child, helping them feel valued and understood. Every child deserves the comfort of having someone to look up to and confide in, and that is exactly what Yeoded Inc strives to provide.

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Impact




July, 2024

Yeoded Inc's impact is profound in the lives of boys and teens who are struggling with the absence of a father figure. By providing them with tutors who not only help with school work but also serve as mentors, Yeoded gives these young individuals warmth, hope, and a sense of connection. Every child deserves to have someone to look up to and talk to, and Yeoded ensures that these boys and teens have that support system in place to help them thrive academically and emotionally.




This information is meant to be a general summary of Yeoded 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
$2,188,179 (2022)
Expenses
$1,965,787 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,995,561
  • Gross Receipts: $2,188,179

Assets and Liabilities:

  • Total Assets: $332,853
  • Total Liabilities: $149,900
  • Net Assets: $182,953

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Programs

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

PROGRAM SERVICE

Revenue

$1,995,561

Organization Details

Founding Year

2014

Principal Officer

Lazer Lisauer

Main Address

1234 54TH ST, Brooklyn, NY, 11219

NTEE Category

Code: O50 - Youth development

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