Overview
What is Residential Youth Services Inc?
Residential Youth Services Inc is a nonprofit organization situated in Chantilly, Virginia. Their primary focus is to cater to the needs of abused, neglected, and at-risk children and young adults, providing support in the metropolitan Washington, D.C. area. They operate community-based independent living programs, specifically for those who are aging out of foster care or are homeless, offering transitional housing for individuals between the ages of 17 and 21. Their mission is to strengthen the community by actively serving these vulnerable youth, ensuring they have the resources they need to transition into independent living.
Official website here: www.mycri.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Star Rating)
Residential Youth Services Inc has achieved an overall rating of 89%, indicating a strong performance, particularly in the areas of accountability and finance. The charity's high score reflects a commitment to transparency and responsible financial management, with essential governance practices in place, such as a conflict of interest policy and a whistleblower policy. The organization has been recognized for maintaining a majority of independent board members, although it has two independent members, which may be seen as a limitation.
The financial health of Residential Youth Services Inc is notable, with a program expense ratio of 86.57%, indicating that a significant portion of its budget is directed towards its programs rather than administrative costs. Additionally, the organization has no material diversion of assets, showcasing its financial integrity. The results indicate strong oversight with all financial statements being audited, contributing to its positive accountability score.
While the organization excels in various aspects, the board composition reflects an area that could be improved for enhanced governance. Increasing the number of independent board members may provide broader perspectives and further strengthen the organization's leadership. Overall, Residential Youth Services Inc demonstrates a solid commitment to its mission through responsible financial practices and strong accountability measures.
This AI summary has been generated from information found on Charity Navigator.
Is Residential Youth Services Inc legitimate?
Residential Youth Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Residential Youth Services 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: $264,588
For more financial information, click here
Official website here: www.mycri.org
What is the mission statement of Residential Youth Services Inc?
Residential Youth Services Inc's mission is centered around serving the needs of abused, neglected, and at-risk children and young adults. They aim to strengthen their community by providing support to these vulnerable individuals within the metropolitan Washington, D.C. area. The organization operates community-based independent living programs for foster care and homeless youth aged 17 to 21, offering transitional housing when needed. Their primary goal is to assist these young individuals in making a smooth transition into adulthood.
Official website here: www.mycri.org
Who is the CEO of Residential Youth Services Inc?
Arthur Ginsberg is the President/Ceo of Residential Youth Services Inc. The CEO's salary of Residential Youth Services Inc is $0 and their total compensation is $350,237.
Official website here: www.mycri.org
What is the revenue of Residential Youth Services Inc?
Residential Youth Services Inc's revenue in 2022 was $1,073,358.
Official website here: www.mycri.org
Who are the executives of Residential Youth Services Inc and what are their salaries?
Here are 4 key members and their salaries (Residential Youth Services Inc's CEO's salary is $0 and their total compensation is $350,237):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $325,809
- Other: $24,428
Official website here: www.mycri.org
Where can I find the form 990 for Residential Youth Services Inc?
Residential Youth Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mycri.org
Learn more at the official website: www.mycri.org
Mission Statement of Residential Youth Services Inc
Residential Youth Services Inc, a nonprofit organization, is committed to serving the needs of abused, neglected, and at-risk children and young adults. Their mission is to strengthen the community by providing essential support to these vulnerable individuals in the metropolitan Washington, D.C. area. The organization operates community-based independent living programs specifically designed for foster care and/or homeless youth aged between 17 and 21 who require transitional housing. By offering these programs, Residential Youth Services Inc aims to help these young adults make a smooth transition into adulthood, providing them with a secure living environment during this critical period.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Residential Youth Services Inc directly impacts the lives of abused, neglected, and at-risk children and young adults in the metropolitan Washington, DC area by providing crucial support and resources to help them transition into independent living. Through their community-based programs, they offer transitional housing and comprehensive services to youth aging out of foster care and those who are homeless, aged 17-21. By serving this vulnerable population, Residential Youth Services Inc plays a pivotal role in strengthening the community and supporting those in need of assistance.
This information is meant to be a general summary of Residential Youth Services 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.
- Program Service Revenue: $1,051,072
- Gross Receipts: $1,073,358
Assets and Liabilities:
- Total Assets: $400,644
- Total Liabilities: $103,120
- Net Assets: $297,524
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COUNTY FUNDS
Revenue
$1,008,362
RENTAL INCOME
Revenue
$42,710
Organization Details
Founding Year
1969
Phone
(703) 842-2300Principal Officer
Arthur Ginsberg
Main Address
14160 NEWBROOK DRIVE 1ST FLOOR, CHANTILLY, VA, 20151
Website
www.mycri.orgNTEE Category
Code: P730 - Human services
If you are a representative of Residential Youth Services Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.