nonprofit logo

Yowealth Academy

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

EIN: 471375443 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Yowealth Academy?

Yowealth Academy is a nonprofit organization committed to bridging the gap between poverty and self-sufficiency for over 50 students. They achieve this by providing pre-employment skills training, establishing partnerships with the community to offer employment opportunities, and offering resources to support at-risk youth. The organization's mission is to empower these young individuals, helping them navigate the path towards financial stability and independence.


Official website here: www.yowealthacademy.org

Is Yowealth Academy legitimate?

Yowealth Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yowealth Academy submitted a form 990EZ, 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: $298,925
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.yowealthacademy.org

What is the mission statement of Yowealth Academy?

Yowealth Academy's mission is centered around assisting at-risk youth. The primary objective is to help over 50 students transition from poverty to self-sufficiency by providing them with essential pre-employment skills. The organization achieves this by offering various opportunities in collaboration with community partners and resources. Moreover, Yowealth Academy focuses on training these at-risk youth, aiming to equip them with the necessary skills to secure employment and lead independent lives.


Official website here: www.yowealthacademy.org

What is the revenue of Yowealth Academy?

Yowealth Academy's revenue in 2023 was $23,250.


Official website here: www.yowealthacademy.org

Who are the executives of Yowealth Academy and what are their salaries?

There is 1 key member and their salary:


Yolanda Marsha (Exec Director)
  • Compensation: $157,119
  • Related: $0
  • Other: $0


Official website here: www.yowealthacademy.org

Where can I find the form 990 for Yowealth Academy?

Yowealth Academy's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.yowealthacademy.org

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

Mission Statement of Yowealth Academy

Yowealth Academy, a nonprofit organization, is dedicated to assisting at-risk youth and aiding them in overcoming poverty and achieving self-sufficiency. Its mission is to equip over 50 students with essential pre-employment skills. To accomplish this, Yowealth Academy provides opportunities for students through partnerships with the community and various resources. The organization's primary focus is on training these at-risk youth, offering them a pathway out of poverty and towards a more secure future.

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

Yowealth Academy has had a significant impact on over 50 students in Memphis, TN, by providing pre-employment skills training and opportunities. By equipping at-risk youth with the necessary tools to secure employment, Yowealth Academy has successfully helped these students build a bridge from poverty to self-sufficiency. Through collaboration with community partners and resources, the organization has made a tangible difference in the lives of young individuals facing challenging circumstances. The focus on training and assisting at-risk youth demonstrates Yowealth Academy's commitment to empowering this demographic to succeed in the workforce and break the cycle of poverty.




This information is meant to be a general summary of Yowealth Academy. 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
$23,250 (2023)
Expenses
$764,566 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $23,250

Assets and Liabilities:

  • Total Assets: $17,514
  • Total Liabilities: $0
  • Net Assets: $17,514

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Principal Officer

Yolanda Marshall

NTEE Category

Code: J22 - Employment

If you are a representative of Yowealth Academy 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.