Overview
What is Bing Youth Institute?
The Bing Youth Institute, situated in Detroit, Michigan, is a dedicated nonprofit organization focused on empowering urban young men. Over the past six years, they have achieved a remarkable feat of 100% high school graduation among their seniors engaged in the BINGO (Boys Inspired Through Nurturing, Growth, and Opportunities) mentoring program. In 2021, the institute expanded its reach, increasing the participation of 7th and 8th graders by 20% and recruiting more mentors. Most notably, they incorporated a skilled trades/workforce development component into their program services. The Bing Youth Institute's mission is to foster a meaningful experience, aiming to unlock the unlimited potential of these young men by establishing nurturing, trusting, open, and honest relationships with them.
Official website here: www.bingyouthinstitute.org
Is Bing Youth Institute legitimate?
Bing Youth Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bing Youth Institute 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: $112,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.bingyouthinstitute.org
What is the mission statement of Bing Youth Institute?
The Bing Youth Institute's mission is centered around empowering urban young men. It aims to achieve this by recruiting, nurturing, and training men who are committed to building a nurturing, trusting, open, and honest relationship with a young boy of color through participation in the BINGO (Boys Inspired Through Nurturing, Growth, and Opportunities) mentoring program. The institute's mission is to provide a meaningful experience that taps into the unlimited potential of these young men. In 2021, the institute celebrated its sixth consecutive year of 100% high school graduation among its mentees. Additionally, the institute increased the number of 7th-8th graders participating in the program by 20% due to a rise in the number of mentors recruited. Furthermore, the institute has incorporated a skilled trades/workforce development component into its program offerings.
Official website here: www.bingyouthinstitute.org
What is the revenue of Bing Youth Institute?
Bing Youth Institute's revenue in 2021 was $229,986.
Official website here: www.bingyouthinstitute.org
Who are the executives of Bing Youth Institute and what are their salaries?
There 80 volunteers at Bing Youth Institute.
Here are 6 key members and their salaries:
- Compensation: $12,000
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $100,500
- 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.bingyouthinstitute.org
Where can I find the form 990 for Bing Youth Institute?
Bing Youth Institute's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.bingyouthinstitute.org
Learn more at the official website: www.bingyouthinstitute.org
Mission Statement of Bing Youth Institute
The Bing Youth Institute is an organization with a mission to empower urban young men by providing them with a meaningful experience that unlocks their unlimited potential. At the heart of their mission is the recruitment, cultivation, and appropriate training of men who are committed to establishing a nurturing, trusting, open, and honest relationship with a young boy of color. This relationship is fostered through the BINGO (Boys Inspired Through Nurturing, Growth, and Opportunities) mentoring program, which is a significant component of the Bing Youth Institute's operations.
The institute's mission is centered around the idea of developing a supportive and honest connection with young boys of color. By participating in the BINGO mentoring program, mentors help guide these boys as they navigate their formative years. In 2021, the Bing Youth Institute celebrated its sixth consecutive year of 100% graduation rate for its high school seniors who participated in the mentoring program. This success led to an increase in the number of 7th and 8th graders joining the program, as well as an increase in the number of mentors recruited. Additionally, the institute expanded its program offerings to include a skilled trades/workforce development component, further equipping the young men it serves with valuable skills for their future.
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Impact
October, 2024
The Bing Youth Institute significantly impacts urban young men by fostering personal and academic growth through its tailored mentoring programs. Celebrating six consecutive years of 100% graduation among high school seniors in its BINGO Mentoring Program demonstrates a strong commitment to educational success. The organization has also expanded its reach, increasing participation among 7th- and 8th-graders by 20%.
In addition, the introduction of a skilled trades and workforce development component enhances the service offerings, equipping young men with essential skills for future employment. By cultivating nurturing and trusting relationships between mentors and mentees, the Bing Youth Institute actively shapes a supportive environment where young boys of color can thrive.
This information is meant to be a general summary of Bing Youth Institute. 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 2021.
- Investment Income: $15,261
- Gross Receipts: $229,986
Assets and Liabilities:
- Total Assets: $656,862
- Total Liabilities: $0
- Net Assets: $656,862
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Organization Details
Founding Year
2014
Principal Officer
Dave Bing
Website
www.bingyouthinstitute.orgNTEE Category
Code: O30 - Youth development
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