Overview
What is Young Americas Business Trust?
The Young Americas Business Trust (YABT) is a nonprofit organization situated in Washington D.C. Their primary mission is to foster social and economic development across the Western Hemisphere, particularly benefiting youth and young adults who reside in or around poverty. YABT achieves this aim by coordinating projects, programs, and activities that strive to enhance livelihoods. A notable initiative is the Eco Challenge, a collaborative program developed in partnership with PepsiCo Latin America, which supports the implementation of the United Nations Sustainable Development Goals, particularly those focused on environmental preservation and the circular economy of plastics.
Official website here: www.yabt.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
The Young Americas Business Trust has received a two-star rating from Charity Navigator, indicating a need for improvement in certain operational aspects. The organization demonstrates strong governance practices, with a fully independent board and effective audit oversight. Their program expense ratio is commendable at 99.85%, signifying a high focus on direct program spending.
However, there are significant gaps in accountability and transparency, particularly concerning missing policies such as a whistleblower policy and a document retention policy. Additionally, their tax form is not posted on their website, which detracts from their financial transparency. The liabilities to assets ratio at 99.79% also raises concerns, suggesting potential financial stability issues.
Overall, while the Young Americas Business Trust showcases strengths in governance and program expenditures, it must address its shortcomings in policy implementation and transparency to improve its rating and build greater trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Young Americas Business Trust?
98% of 54 reviewers on Facebook recommend Young Americas Business Trust. Here is a summary of their reviews:
The overwhelming majority of users appreciate the mission focused on innovation for sustainable development. Many highlight the nonprofit's proactive approach in supporting young entrepreneurs and promoting initiatives that benefit both the community and the environment.
Overall, the sentiment is very positive, with users feeling confident that the organization makes a meaningful impact through its programs and outreach efforts. The consensus is clear: Young Americas Business Trust is viewed as a valuable resource for aspiring business leaders looking to create sustainable change.
This AI summary has been generated from reviews found on Facebook.
Is Young Americas Business Trust legitimate?
Young Americas Business Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Americas Business Trust 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: $373,884
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.yabt.net
What is the mission statement of Young Americas Business Trust?
The Young Americas Business Trust (YABT) was established with a mission to foster social and economic development across the Western Hemisphere and beyond. They accomplish this by initiating and supporting programs, projects, and activities primarily aimed at enhancing the living conditions of youth and young adults, particularly those residing in or around poverty. YABT's efforts are geared towards improving their quality of life.
One of their initiatives is the Eco Challenge, a program developed in collaboration with PepsiCo Latin America. This project aims to support the implementation of the United Nations' Sustainable Development Goals, with a specific focus on environmental sustainability and the circular economy of plastics.
Official website here: www.yabt.net
Who is the CEO of Young Americas Business Trust?
Luis Nino is the Director of Young Americas Business Trust.
Official website here: www.yabt.net
What is the revenue of Young Americas Business Trust?
Young Americas Business Trust's revenue in 2022 was $802,141.
Official website here: www.yabt.net
Who are the executives of Young Americas Business Trust and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.yabt.net
Where can I find the form 990 for Young Americas Business Trust?
Young Americas Business Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.yabt.net
Learn more at the official website: www.yabt.net
Mission Statement of Young Americas Business Trust
The Young Americas Business Trust (YABT) is a nonprofit organization with a mission to foster social and economic development across the Western Hemisphere and beyond. Their primary objective is to help improve the quality of life for youth and young adults, particularly those living in or near poverty. To achieve this, YABT develops and supports programs, projects, and activities that encourage the creation and advancement of initiatives aimed at uplifting these individuals. This mission is a testament to their commitment to empowering the next generation and contributing to the betterment of society as a whole.
One of the initiatives undertaken by YABT is the Eco Challenge, a program developed in collaboration with PepsiCo Latin America. This initiative aligns with the United Nations Sustainable Development Goals, specifically those related to the environment and the circular economy of plastics. Through the Eco Challenge, YABT is working to promote sustainable practices and contribute to the global effort to combat environmental challenges. By engaging young people in these initiatives, YABT is not only addressing pressing environmental issues but also providing opportunities for youth to develop skills and gain experience in areas that can positively impact their future and the world around them.
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Impact
July, 2024
Young Americas Business Trust's impact can be seen through its programs and projects that promote social and economic development in the Western Hemisphere and beyond. One notable initiative is the Eco Challenge developed in partnership with PepsiCo Latin America, aimed at supporting the implementation of the United Nations Sustainable Development Goals related to the environment and the circular economy of plastics. By focusing on improving the quality of life for youth and young adults, especially those in or near poverty, YABT is actively working towards creating a more sustainable and prosperous future for communities.
This information is meant to be a general summary of Young Americas Business Trust. 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: $26
- Gross Receipts: $802,141
Assets and Liabilities:
- Total Assets: $215,778
- Total Liabilities: $215,342
- Net Assets: $436
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Organization Details
Founding Year
1999
Phone
(202) 370-5444Principal Officer
Luis Nino
Main Address
1889 F St NW, Washington DC, DC, 20006
Website
www.yabt.netNTEE Category
Code: O53 - Youth development
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