Overview
What is Hearts For Youth Inc?
Hearts For Youth Inc is a nonprofit organization situated in Alexandria Bay, New York, with a specific mission to serve the youth in the local community. Established under IRS 501(c)3, this charitable organization operates in a faith-based environment, providing a supportive youth center for children aged 3 to 17. Their programs focus on both academic and athletic activities, offering a nurturing environment filled with love and care. The organization aims to contribute positively to the youth's growth and development, fostering their overall well-being. With a dedicated team of three employees, Hearts For Youth Inc strives to make a difference in the lives of the children in its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
Hearts For Youth Inc has received a rating of two stars from Charity Navigator, indicating that the organization has areas needing improvement with an overall score of 71%. The organization demonstrates strong governance features, including a fully independent board and good management of liabilities, which instills confidence in its financial practices. Notably, it has a high program expense ratio of 68.44%, suggesting a significant portion of its budget is directed towards its programs.
However, there are several critical gaps in the organization's policies that impact its accountability rating. The absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy raises concerns about transparency and ethical governance practices. Additionally, the failure to post tax forms on its website could hinder public access to important financial information.
While Hearts For Youth Inc showcases strengths in board independence and financial management, the missing governance policies indicate a need for improvement to enhance accountability and transparency in its operations. Addressing these limitations could bolster its rating and public trust in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Hearts For Youth Inc legitimate?
Hearts For Youth Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hearts For Youth 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: $20,311
For more financial information, click here
What is the mission statement of Hearts For Youth Inc?
Hearts For Youth Inc, a charitable organization under IRS 501(c)3, was established with the purpose of providing a local youth center for school-aged children between the ages of 3 and 17. The organization operates in a faith-based environment, offering support and care with love. Its mission is to serve these children through academic and athletic after-school programs, aiming to contribute positively to their overall development.
Who is the CEO of Hearts For Youth Inc?
C Thomas Mitchell is the Principal Officer of Hearts For Youth Inc.
What is the revenue of Hearts For Youth Inc?
Hearts For Youth Inc's revenue in 2022 was $61,450.
Who are the executives of Hearts For Youth Inc and what are their salaries?
The average compensation at Hearts For Youth Inc during 2022 was $6,770. There are 3 employees at Hearts For Youth Inc.
Here are 7 key members and their salaries:
- Compensation: $10,362
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Where can I find the form 990 for Hearts For Youth Inc?
Hearts For Youth Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hearts For Youth Inc
Hearts for Youth Inc., a nonprofit organization under IRS 501(c)3, was established with charitable, religious, educational, and scientific purposes in mind. The mission of Hearts for Youth Inc. is to provide a local support center for school-age children aged 3-17 in a faith-based environment, filled with love and care. This mission is carried out by serving the youth of the surrounding area through academic and athletic after-school programs. The organization aims to create a nurturing environment where children can grow, learn, and thrive, all while being guided by the principles of their faith.
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Impact
August, 2024
Hearts For Youth Inc's impact can be seen in the positive outcomes it brings to the youth in Alexandria Bay, NY. By providing a local support youth center for school-age children aged 3-17 in a faith-based environment filled with love and care, Hearts For Youth Inc is actively contributing to the academic and athletic development of the youth in the surrounding area. Through its after-school programs, this organization is making a difference in the lives of young individuals, helping them thrive and grow in a nurturing and supportive community.
This information is meant to be a general summary of Hearts For Youth 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.
- Investment Income: -$575
- Gross Receipts: $61,450
Assets and Liabilities:
- Total Assets: $262,309
- Total Liabilities: $1,100
- Net Assets: $261,209
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Organization Details
Founding Year
2014
Phone
(315) 482-9971Principal Officer
C Thomas Mitchell
Main Address
PO BOX 414, ALEXANDRIA BAY, NY, 13607
NTEE Category
Code: O50 - Youth development
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