Overview
What is America's Promise- The Alliance For Youth?
America's Promise- The Alliance For Youth is a dynamic community of inspiring youth-supporting organizations, founded in 2022, with its headquarters in Washington, D.C. This independent network aims to strengthen individual organizations, foster new collaborations, and build powerful coalitions, working towards systemic change. Members enroll up to five senior leaders who gain access to leadership cohorts, strategic support, knowledge sharing, capacity building programming, opportunities to design national research, and the chance to join systemic change coalitions. The Alliance focuses on shared priorities and learns from each other, intending to empower the next generation to lead America forward. Over the past 25 years, America's Promise Alliance has aligned and amplified the efforts of various organizations and institutions around national goals, achieving outcomes at a national scale in civic engagement, education, and workforce development.
Official website here: www.americaspromise.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99%, Four-Star out of Four Star Rating
America's Promise - The Alliance For Youth has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization boasts a perfect score in numerous areas such as board independence and financial oversight, indicating a well-managed structure that prioritizes transparency and ethical practices.
The nonprofit has shown effective financial management, with a program expense ratio of 69.13%, meaning a significant portion of its resources is directed towards its programs. Additionally, the organization's liabilities to assets ratio is favorable at 29.59%, demonstrating a healthy financial state. This financial resilience is further supported by a working capital ratio of 2.90 years, ensuring its capacity to sustain operations.
However, a limitation noted in the data is the fundraising efficiency ratio, which is considerably low at $0.062. This suggests that while the organization is proficient in allocating funds, there may be challenges in raising money efficiently. Overall, America's Promise - The Alliance For Youth is recognized for its strong governance and financial practices, but it may need to improve its fundraising strategies to enhance its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is America's Promise- The Alliance For Youth legitimate?
America's Promise- The Alliance For Youth is a legitimate nonprofit organization registered as a 501(c)(3) entity. America's Promise- The Alliance For Youth 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: $581,985
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,144,298
For more financial information, click here
Official website here: www.americaspromise.org
What is the mission statement of America's Promise- The Alliance For Youth?
America's Promise Alliance is a organization with a mission to create a more just and equitable America, empowering the next generation to lead the country forward. For the past 25 years, they have been aligning and amplifying the efforts of various organizations and institutions towards achieving national scale outcomes in civic engagement, education, and workforce development. Recognizing that the challenges facing the next generation are complex and interrelated, America's Promise Alliance brings together powerful collectives to tackle the most pressing issues. They work towards solving these issues individually, yet the collective impact is significant.
Official website here: www.americaspromise.org
Who is the CEO of America's Promise- The Alliance For Youth?
Arthur Mills Iv is the Chair Emeritus of America's Promise- The Alliance For Youth. The CEO's salary of America's Promise- The Alliance For Youth is $391,555 and their total compensation is $423,546.
Official website here: www.americaspromise.org
What is the revenue of America's Promise- The Alliance For Youth?
America's Promise- The Alliance For Youth's revenue in 2022 was $14,230,730.
Official website here: www.americaspromise.org
Who are the executives of America's Promise- The Alliance For Youth and what are their salaries?
The average compensation at America's Promise- The Alliance For Youth during 2022 was $53,946. There are 32 employees and 12 volunteers at America's Promise- The Alliance For Youth.
Here are 19 key members and their salaries (America's Promise- The Alliance For Youth's CEO's salary is $391,555 and their total compensation is $423,546):
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- Compensation: $391,555
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- Other: $31,991
- Compensation: $36,368
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- Other: $991
- Compensation: $14,494
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- Compensation: $99,428
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- Compensation: $144,532
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- Other: $30,419
- Compensation: $136,643
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- Other: $22,535
- Compensation: $108,146
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- Other: $9,767
Official website here: www.americaspromise.org
Where can I find the form 990 for America's Promise- The Alliance For Youth?
America's Promise- The Alliance For Youth's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.americaspromise.org
Learn more at the official website: www.americaspromise.org
Mission Statement of America's Promise- The Alliance For Youth
America's Promise Alliance is a mission-driven organization that strives for a more equitable America, empowering the next generation to lead the country forward. Over the past 25 years, this alliance has brought together various organizations and institutions to align their efforts towards big national goals in the areas of civic engagement, education, and workforce development.
The challenges facing the next generation are intricately connected and complex, making it impossible for any single organization or institution to solve them alone. America's Promise Alliance acts as a powerful catalyst, uniting influential collectives to tackle the most pressing issues impacting the next generation at a national scale. By harnessing the collective strength of its members, the alliance aims to create meaningful and sustainable change.
America's Promise Alliance's mission recognizes the importance of collaboration and synergy in addressing the multifaceted challenges that the next generation faces. Through its unique approach, the alliance fosters partnerships and fosters shared learning, enabling its members to pool resources, expertise, and best practices to maximize their impact. This innovative model not only leads to more effective solutions but also encourages a culture of continuous improvement, ensuring that the alliance remains at the forefront of addressing the needs of the next generation.
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Impact
October, 2024
America's Promise - The Alliance For Youth makes a significant impact by fostering collaboration among organizations dedicated to youth development. Launched in 2022, the reimagined Alliance acts as a community where inspiring youth-supporting organizations converge to enhance their efforts. This integration provides member organizations with access to leadership cohorts, strategic support, and capacity-building programming, ultimately empowering them to achieve systemic change.
The Alliance prioritizes the voices and needs of its member organizations, designing responsive programming that capitalizes on the existing wisdom and expertise within the community. With 50 founding member organizations, America’s Promise has developed initiatives focused on organizational improvement, thereby supporting over 200 leaders across the nation.
Over the past 25 years, the Alliance has aligned diverse efforts toward significant national objectives in civic engagement, education, and workforce development. By recognizing the interconnectedness of challenges facing the next generation, America’s Promise cultivates powerful coalitions that tackle pressing issues collaboratively. This approach not only strengthens individual organizations but also amplifies their collective impact on creating a more just and equitable America for youth.
This information is meant to be a general summary of America's Promise- The Alliance For Youth. 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: $56,959
- Program Service Revenue: $110,927
- Gross Receipts: $15,513,630
Assets and Liabilities:
- Total Assets: $23,292,111
- Total Liabilities: $6,893,192
- Net Assets: $16,398,919
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESEARCH/CONSULTING
Revenue
$110,927
Organization Details
Founding Year
1997
Phone
(202) 657-0616Principal Officer
Arthur Mills Iv
Main Address
1110 VERMONT AVENUE NW 900, WASHINGTON, DC, 20005
Website
www.americaspromise.orgNTEE Category
Code: O99 - Youth development
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