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Youth Finance Institute Of America

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

EIN: 475482385 ✦ Albany, CA ✦ Designated as a 501(c)(3)

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Overview

What is Youth Finance Institute Of America?

The Youth Finance Institute of America is a nonprofit organization that specializes in financial education. Their primary focus is on young individuals aged between 14 and 21, offering them financial literacy workshops through the Money Talk Workshop Program. In this program, they have conducted 38 sessions, where they impart essential financial skills to the youth. To make this program a success, they have employed nine college interns and a program coordinator. As a result, the institute has served and impacted the lives of 354 young students.


Official website here: www.yfia.org

Is Youth Finance Institute Of America legitimate?

Youth Finance Institute Of America is a legitimate nonprofit organization registered as a 501(c)(3) entity. Youth Finance Institute Of America 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.


Official website here: www.yfia.org

What is the mission statement of Youth Finance Institute Of America?

The Youth Finance Institute of America's mission is centered around educating youth aged 14-21, specifically focusing on financial literacy. They accomplish this through their Money Talk Workshop Program, which has conducted 38 sessions to date. The program has also employed college interns and a program coordinator, serving a total of 354 students. The institute's objective is to equip young individuals with essential financial life skills, thereby empowering them to make informed financial decisions in the future.


Official website here: www.yfia.org

Who is the CEO of Youth Finance Institute Of America?

Michael Castro is the President of Youth Finance Institute Of America. The CEO's salary of Youth Finance Institute Of America is $18,706 and their total compensation is $18,706.


Official website here: www.yfia.org

What is the revenue of Youth Finance Institute Of America?

Youth Finance Institute Of America's revenue in 2022 was $118,066.


Official website here: www.yfia.org

Who are the executives of Youth Finance Institute Of America and what are their salaries?


Here are 4 key members and their salaries (Youth Finance Institute Of America's CEO's salary is $18,706 and their total compensation is $18,706):


Amiko Foster (Ceo-Executive Director)
  • Compensation: $18,706
  • Related: $0
  • Other: $0
Michael Castro (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Desirae Mcneil (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Volkar (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.yfia.org

Where can I find the form 990EZ for Youth Finance Institute Of America?

Youth Finance Institute Of America's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.yfia.org

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

Mission Statement of Youth Finance Institute Of America

The Youth Finance Institute of America is dedicated to educating youth between the ages of 14 and 21 about financial matters. Through its Money Talk Workshop Program, the organization provides these young individuals with essential life skills related to finance. The Institute has conducted these workshops in 38 sessions, employing nine college interns and a program coordinator to ensure the program's success. By participating in these workshops, 354 students have gained valuable financial knowledge, equipping them with the tools necessary to manage their finances effectively in the future.

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Impact




October, 2024

The Youth Finance Institute of America has made a significant impact by empowering youth ages 14-21 with essential financial education. Through its Money Talk Workshop Program, the organization has conducted 38 workshops, equipping 354 students with critical financial life skills that will benefit them in their personal and professional lives.

By employing nine college interns and a program coordinator, the institute not only fosters financial literacy but also provides valuable work experience to emerging professionals. This dual approach of educating youth while also engaging young adults in the workforce highlights the organization's commitment to both personal development and community engagement.

Ultimately, the Youth Finance Institute of America's initiative addresses a vital need in today's society, preparing the next generation to make informed financial decisions and contribute positively to their communities.




This information is meant to be a general summary of Youth Finance Institute Of America. 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
$118,066 (2022)
Expenses
$112,131 (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: $7,787
  • Gross Receipts: $118,066

Assets and Liabilities:

  • Total Assets: $4,571
  • Total Liabilities: $26,527
  • Net Assets: -$21,956

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Organization Details

Principal Officer

Michael Castro

Main Address

926 Pomona Ave, Albany, CA, 94706

NTEE Category

Code: O50 - Youth development

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