Overview
What is The Forum For Youth Investment?
The Forum for Youth Investment is a nonprofit organization based in Washington, D.C., specifically at 7064 Eastern Avenue NW, with a mission to advance equitable opportunities and outcomes for young people. They achieve this through capacity building and policy action across various systems and sectors. Guided by their strategic plan, 'Stronger Systems, Stronger Youth,' they connect leaders in youth development, offering resources and services to create equal opportunities. Their work primarily focuses on three core areas: improving program quality in youth development systems, building practitioner and system leader capacity, and convening the youth development ecosystem to shape policy. They utilize continuous quality improvement tools, resources, and frameworks, along with research and evaluation, to enhance program quality. Additionally, they provide consultation, training, and technical assistance, as well as co-designing innovative solutions to support positive youth development. Furthermore, The Forum for Youth Investment is expanding its implementation of the Youth Program Quality Improvement (YPQI) approach and continuous quality improvement (CQI) systems beyond out-of-school time (OST) programs. This expansion aims to enhance the overall quality of youth development systems. With a workforce of 62 individuals, The Forum for Youth Investment is committed to supporting the full potential of young people in education, work, and life.
Official website here: www.forumfyi.org
What are the reviews and ratings of this charity?
The Forum For Youth Investment has received a commendable Four-Star out of Four Star rating from Charity Navigator, with an overall score of 97%. This high rating is primarily due to its strong accountability and finance metrics, which stands at 93%, indicating that the organization practices excellent financial management and transparency. The organization is governed by a completely independent board and has implemented effective policies related to conflict of interest, whistleblower protection, and document retention.
In terms of financial performance, the Forum For Youth Investment exhibits a program expense ratio of approximately 79.88%, demonstrating a significant commitment to its mission-driven activities. However, it's important to note a concern regarding its fundraising efficiency ratio, which is at $0.01, indicating potential challenges in fundraising efforts. This contrast raises questions about the sustainability of its funding model relative to operational needs.
While user reviews from GreatNonprofits were not available for this summary, the data from Charity Navigator suggests a robust organizational structure and a culture of accountability. Overall, the Forum For Youth Investment is recognized as a well-managed organization with a strong commitment to serving youth, although it faces some challenges in fundraising efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is The Forum For Youth Investment legitimate?
The Forum For Youth Investment is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Forum For Youth Investment 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: $1,189,257
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,090,538
For more financial information, click here
Official website here: www.forumfyi.org
What is the mission statement of The Forum For Youth Investment?
The Forum for Youth Investment's mission is centered around promoting equitable youth opportunities and outcomes. Guided by their strategic plan, 'Stronger Systems, Stronger Youth,' they aim to help all young people reach their full potential in education, work, and life. They achieve this by focusing on quality capacity building and policy action across various systems and sectors.
By connecting leaders in youth development, they provide them with necessary resources and services to create equitable opportunities for young people. Their core priorities are threefold. First, they work on improving program quality in youth development systems, leveraging continuous quality improvement tools and frameworks. Second, they build practitioner and system leader capacity, offering consultation, training, and technical assistance, and co-designing innovative solutions. Lastly, they convene the youth development ecosystem to shape policy, identify gaps, and build relationships to advance a youth policy agenda.
Official website here: www.forumfyi.org
Who is the CEO of The Forum For Youth Investment?
Neil Sumilas is the Board Chair of The Forum For Youth Investment. The CEO's salary of The Forum For Youth Investment is $280,343 and their total compensation is $323,890.
Official website here: www.forumfyi.org
What is the revenue of The Forum For Youth Investment?
The Forum For Youth Investment's revenue in 2022 was $9,056,134.
Official website here: www.forumfyi.org
Who are the executives of The Forum For Youth Investment and what are their salaries?
The average compensation at The Forum For Youth Investment during 2022 was $69,029. There are 62 employees and 11 volunteers at The Forum For Youth Investment.
Here are 21 key members and their salaries (The Forum For Youth Investment's CEO's salary is $280,343 and their total compensation is $323,890):
- Compensation: $0
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- Compensation: $280,343
- Related: $0
- Other: $43,547
- Compensation: $174,395
- Related: $0
- Other: $32,453
- Compensation: $165,992
- Related: $0
- Other: $17,443
- Compensation: $176,348
- Related: $0
- Other: $17,642
- Compensation: $197,445
- Related: $0
- Other: $12,855
- Compensation: $132,518
- Related: $0
- Other: $23,538
- Compensation: $128,706
- Related: $0
- Other: $24,520
- Compensation: $109,074
- Related: $0
- Other: $10,641
- Compensation: $114,755
- Related: $0
- Other: $10,799
- Compensation: $120,359
- Related: $0
- Other: $15,862
Official website here: www.forumfyi.org
Where can I find the form 990 for The Forum For Youth Investment?
The Forum For Youth Investment's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.forumfyi.org
Learn more at the official website: www.forumfyi.org
Mission Statement of The Forum For Youth Investment
The Forum for Youth Investment is dedicated to advancing equitable opportunities and outcomes for young people through quality capacity building and policy action across various systems and sectors. Guided by their strategic plan, 'Stronger Systems, Stronger Youth,' and driven by the vision that all young people can reach their full potential in education, work, and life, the organization connects leaders in youth development to the resources and services they need to create equitable opportunities and outcomes for all young people.
The Forum's mission is multifaceted, with three primary areas of focus. Firstly, they aim to improve program quality in youth development systems by leveraging continuous quality improvement tools, resources, and frameworks, alongside research and evaluation. This approach ensures that the programs are effective and meet the needs of the young people they serve.
Secondly, The Forum builds practitioner and system leader capacity through consultation, training, technical assistance, and co-designing innovative solutions that support positive youth development. By equipping these leaders with the necessary skills and resources, they can create more impactful and effective youth development programs.
Lastly, The Forum convenes the youth development ecosystem to shape policy, identifying gaps and building relationships to advance a youth policy agenda. By bringing together various stakeholders, they can collectively address the challenges facing young people and work towards creating a more supportive and equitable environment for their development. In summary, The Forum for Youth Investment is committed to improving the lives of young people by enhancing the quality of youth development programs, building the capacity of leaders in the field, and influencing policy to create a more equitable environment for their success.
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Impact
July, 2024
The Forum for Youth Investment advances equitable youth opportunities and outcomes through quality capacity building and policy action across systems and sectors. By focusing on improving program quality in youth development systems, building practitioner and system leader capacity, and convening the youth development ecosystem to shape policy, The Forum connects leaders in youth development to the resources and services they need to create equitable opportunities and outcomes for all young people. Their work is guided by the vision that all young people reach their fullest potential in education, work, and life.
This information is meant to be a general summary of The Forum For Youth Investment. 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: $7,293
- Program Service Revenue: $3,975,083
- Gross Receipts: $9,056,134
Assets and Liabilities:
- Total Assets: $7,481,475
- Total Liabilities: $1,069,090
- Net Assets: $6,412,385
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$2,762,368
PROGRAM SERVICE FEES
Revenue
$986,661
LICENSING FEES
Revenue
$115,516
PUBLICATIONS AND SALES
Revenue
$110,538
Organization Details
Founding Year
2002
Phone
(202) 207-3333Principal Officer
Neil Sumilas
Main Address
7064 EASTERN AVENUE NW, WASHINGTON, DC, 20012
Website
www.forumfyi.orgNTEE Category
Code: T122 - Philanthropy
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