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Youth Development Project Corp

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

EIN: 470966698 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Youth Development Project Corp?

The Youth Development Project Corp is a nonprofit organization situated in Indianapolis, Indiana, with a specific mission. They aim to empower youth and young adults, fostering their self-sufficiency through focused efforts on education and job readiness. Their initiatives are geared towards equipping these individuals with the necessary skills and knowledge to thrive independently in their respective fields. The project's core activities revolve around this mission, contributing positively to the community and the future of its youth.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 38%, Zero-Star out of Four Star rating.

The Youth Development Project Corp received a low rating due to significant deficiencies in accountability and finance. The score is based entirely on a single beacon score, highlighting particular areas of concern such as the absence of independent board members, missing financial statements, and a lack of essential policies like conflict of interest and whistleblower policies. These factors contributed to a stark representation of governance that may affect stakeholder trust.

Despite these governance shortcomings, the organization demonstrates a commitment to its mission, evidenced by its program expense ratio of 81.64%, which indicates that a substantial portion of its expenditures is directed toward program services. However, the lack of transparency and accountability measures raises questions about the overall management of the organization and could deter potential donors or supporters.

Overall, while the Youth Development Project Corp shows a dedication to its activities, the severe gaps in governance practices and financial reporting significantly impact its credibility and effectiveness. Stakeholders should consider these factors when evaluating the organization for support.


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

Is Youth Development Project Corp legitimate?

Youth Development Project Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Youth Development Project Corp 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: $47,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $828,650

For more financial information, click here

What is the mission statement of Youth Development Project Corp?

The Youth Development Project Corp's mission is centered around assisting youth and young adults in their journey towards self-sufficiency. This is achieved primarily through educational programs and initiatives that focus on job readiness. By providing these resources, the corporation aims to empower its beneficiaries, enabling them to navigate the job market with confidence and independence. The organization's activities are geared towards equipping young individuals with the necessary skills and knowledge to secure stable employment and lead fulfilling lives.

Who is the CEO of Youth Development Project Corp?

Cedric Towner is the Ceo of Youth Development Project Corp. The CEO's salary of Youth Development Project Corp is $0 and their total compensation is $0.

What is the revenue of Youth Development Project Corp?

Youth Development Project Corp's revenue in 2022 was $1,032,911.

Who are the executives of Youth Development Project Corp and what are their salaries?


There is 1 key member and their salary:


Cedric Towner (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Youth Development Project Corp?

Youth Development Project Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Youth Development Project Corp

The Youth Development Project Corp, as an organization, is dedicated to aiding youth and young adults in their journey towards self-sufficiency. They accomplish this mission by focusing on two key areas: education and job readiness. By providing the necessary resources and support, this nonprofit aims to empower its beneficiaries to become independent individuals. The overarching goal is to equip these young people with the skills and knowledge required to secure employment and build sustainable lives for themselves.

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Impact




July, 2024

Youth Development Project Corp's impact is significant in helping youth and young adults achieve self-sufficiency through education and job readiness. By providing valuable resources and support, the organization empowers individuals to enhance their skills and opportunities for a brighter future. Through its mission to promote self-sufficiency, Youth Development Project Corp plays a crucial role in fostering the growth and development of youth in the community.




This information is meant to be a general summary of Youth Development Project Corp. 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
$1,032,911 (2022)
Expenses
$1,014,116 (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: $1,032,911
  • Gross Receipts: $1,032,911

Assets and Liabilities:

  • Total Assets: $105,858
  • Total Liabilities: $70,833
  • Net Assets: $35,025

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Programs

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

Family Services

Revenue

$1,032,911

Organization Details

Founding Year

2014

Principal Officer

Cedric Towner

Main Address

6201 La Pas Trail Ste 285, Indianapolis, IN, 46268

NTEE Category

Code: O50 - Youth development

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