Overview
What is Life Serve Youth Foundation Inc?
Life Serve Youth Foundation Inc is a nonprofit organization based in Chatham, New York, dedicated to supporting underserved youth communities. Through a residential tennis program, the foundation aims to foster educational development, cultivate life skills, promote positive health behaviors, encourage physical activity, and instill environmental consciousness and sustainability. By utilizing tennis as a catalyst, Life Serve Youth Foundation aims to transform the lives of financially challenged youth aged 12-17 from underserved communities across New England and the Greater New York City area. The goal is to boost their self-confidence, improve academic performance, and enhance personal/social responsibility, ultimately turning them into better leaders in their communities, at work, and in life.
Official website here: www.lifeservetennis.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63% (Two-Star out of Four Stars)
Life Serve Youth Foundation Inc has received a 63% rating from Charity Navigator, indicating a two-star level of performance. The ratings reflect significant strengths in governance, including a fully independent board and no material diversion of assets. However, the organization has notable weaknesses, particularly in its lack of essential policies such as conflict of interest and whistleblower protections.
Financially, the foundation reports a program expense ratio of approximately 59.66%, which is slightly below the standard for effective nonprofits. This suggests that while a good portion of funds is allocated to programs, there is room for improvement in maximizing programmatic spending relative to total expenses. The liabilities to assets ratio is low at 1.23%, indicating a healthy financial structure in terms of asset management.
While the organization demonstrates strong governance practices, the absence of key policies could raise concerns among potential donors regarding transparency and accountability. Enhancing these areas could improve their rating and appeal to supporters looking for robust nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Life Serve Youth Foundation Inc legitimate?
Life Serve Youth Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Serve Youth Foundation 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
Official website here: www.lifeservetennis.org
What is the mission statement of Life Serve Youth Foundation Inc?
The Life Serve Youth Foundation Inc's mission is to establish and expand a non-profit organization primarily focused on youth, aiming to foster educational growth, life skills, positive health habits, physical activity, and environmental consciousness and sustainability. This is achieved through a residential tennis program, serving as a catalyst. The foundation utilizes the discipline of tennis to significantly transform the lives of financially challenged youth, aged 12-17, hailing from underprivileged communities across New England and the Greater New York City area. The objective is to boost their self-confidence, enhance academic performance, and promote greater personal and social responsibility, ultimately turning them into better leaders in their communities, at work, and in life.
Official website here: www.lifeservetennis.org
Who is the CEO of Life Serve Youth Foundation Inc?
Adam Slone is the Ceo, Preside of Life Serve Youth Foundation Inc. The CEO's salary of Life Serve Youth Foundation Inc is $0 and their total compensation is $0.
Official website here: www.lifeservetennis.org
What is the revenue of Life Serve Youth Foundation Inc?
Life Serve Youth Foundation Inc's revenue in 2022 was $43,649.
Official website here: www.lifeservetennis.org
Who are the executives of Life Serve Youth Foundation Inc and what are their salaries?
Here are 10 key members and their salaries (Life Serve Youth Foundation Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lifeservetennis.org
Where can I find the form 990 for Life Serve Youth Foundation Inc?
Life Serve Youth Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lifeservetennis.org
Learn more at the official website: www.lifeservetennis.org
Mission Statement of Life Serve Youth Foundation Inc
Life Serve Youth Foundation Inc is dedicated to establishing and expanding a non-profit organization with a focus on youth development. The organization's mission is twofold: firstly, to foster educational growth, lifeskills, positive health behaviors, physical activity, and environmental consciousness and sustainability among financially challenged youth, aged 12-17, hailing from underserved communities across New England and the Greater New York City area. This is achieved through a residential tennis program, which serves as a catalyst.
Secondly, Life Serve Youth Foundation Inc aims to leverage the discipline of tennis to transform the lives of these youth. By participating in the program, they are empowered to boost their self-confidence, enhance their academic performance, and attain greater personal and social responsibility. The ultimate goal is to nurture these young individuals into becoming better leaders in their communities, at work, and in their personal lives. The foundation's approach combines tennis with a comprehensive set of educational and developmental opportunities, providing a holistic approach to personal growth and empowerment.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Life Serve Youth Foundation Inc's impact can be seen in the transformative support it provides to youths from underserved communities. By exposing them to positive experiences and mentoring them through the sport of tennis, the organization helps these young individuals gain greater self-confidence, achieve higher academic performance, and develop greater personal and social responsibility. Through its focus on educational development, life skills, positive health behaviors, physical activity, and environmental consciousness, Life Serve Youth Foundation Inc is equipping financially challenged youth aged 12-17 to become better leaders in their communities and in life.
This information is meant to be a general summary of Life Serve Youth Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $43,649
Assets and Liabilities:
- Total Assets: $49,040
- Total Liabilities: $604
- Net Assets: $48,436
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2014
Phone
(917) 514-2282Principal Officer
Adam Slone
Main Address
PO BOX 254, CHATHAM, NY, 12037
Website
www.lifeservetennis.orgNTEE Category
Code: O50 - Youth development
If you are a representative of Life Serve Youth Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.