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Youth Unlimited Inc

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

EIN: 560904267 ✦ High point, NC ✦ Designated as a 501(c)(3)

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Overview

What is Youth Unlimited Inc?

Youth Unlimited Inc, based in High Point, North Carolina, is a nonprofit organization primarily focused on providing residential care and treatment homes for adolescents who face challenges living at home and require mental health services. During the fiscal year ending on June 30, 2022, approximately 49 individuals benefited from their services. The organization's mission is to empower children and adolescents, as well as their families, by fostering the development of essential life skills, enabling them to lead productive lives. With a team of 39 dedicated individuals, Youth Unlimited Inc offers a continuum of services tailored to nurture each individual's strengths.


Official website here: www.youthunlimited.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star Rating

Youth Unlimited Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization's overall score is derived solely from its accountability metrics, showcasing a commitment to transparency and responsible financial management. With a high level of independent board members and no reported material diversion of assets, Youth Unlimited demonstrates solid governance practices.

The nonprofit excels in various areas, including its audit and oversight committee, which scored a perfect 15 out of 15 points. Additionally, the organization maintains a strong program expense ratio of 83.08%, indicating that a significant portion of its resources directly supports its mission. Policies regarding conflict of interest, whistleblower protections, and document retention are well-established, contributing to a culture of integrity and accountability.

While the data paints a positive picture, it's important to note that the rating is based solely on financial accountability. Potential supporters may wish to look into the effectiveness of the programs and their impacts to gain a fuller understanding of the organization's overall performance. Nonetheless, the financial metrics suggest that Youth Unlimited Inc is a trustworthy organization with a strong focus on responsible management.


This AI summary has been generated from information found on Charity Navigator.

Is Youth Unlimited Inc legitimate?

Youth Unlimited Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Youth Unlimited 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: $163,053
Professional Fundraising Fees: $0
Other Salaries and Wages: $793,648

For more financial information, click here


Official website here: www.youthunlimited.com

What is the mission statement of Youth Unlimited Inc?

Youth Unlimited Inc's mission is centered around providing a comprehensive set of services to children, adolescents, and their families. The primary objective is to foster the development of each individual's strengths, ultimately leading to the acquisition of productive life skills. This mission is carried out through a continuum of services designed to cater to the unique needs of each individual.


Official website here: www.youthunlimited.com

Who is the CEO of Youth Unlimited Inc?

Ms Becky Farlow Wray is the Treasurer of Youth Unlimited Inc.


Official website here: www.youthunlimited.com

What is the revenue of Youth Unlimited Inc?

Youth Unlimited Inc's revenue in 2022 was $1,683,144.


Official website here: www.youthunlimited.com

Who are the executives of Youth Unlimited Inc and what are their salaries?

The average compensation at Youth Unlimited Inc during 2022 was $24,531. There are 39 employees at Youth Unlimited Inc.


Here are 11 key members and their salaries:


Mr Clifford Parker Jr (Executive Dir.)
  • Compensation: $156,114
  • Related: $0
  • Other: $2,208
Mr Herman Hunter Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Jonathan Lewis (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Jennifer Boyles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Jorge Mata (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Lamar Boykin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Becky Farlow Wray (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrs Sarah Hunter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Barry Sikes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Wallace (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Jonathan Thomas (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.youthunlimited.com

Where can I find the form 990 for Youth Unlimited Inc?

Youth Unlimited Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.youthunlimited.com

Learn more at the official website: www.youthunlimited.com

Mission Statement of Youth Unlimited Inc

Youth Unlimited Inc, a nonprofit organization, is committed to providing a continuum of services aimed at fostering the development of productive life skills in children and adolescents, as well as their families. The mission of Youth Unlimited Inc is to identify and nurture the inherent strengths within each individual, enabling them to navigate through life's challenges more effectively.

To achieve this mission, Youth Unlimited Inc offers a range of services. One of their primary offerings is residential care, which includes treatment homes for adolescents who require mental health support and cannot reside at home. During the fiscal year ending on June 30, 2022, approximately 49 individuals benefited from these residential treatment homes.

In essence, Youth Unlimited Inc serves as a supportive platform, helping children and adolescents build resilience and adaptability, essential skills for navigating life's complexities. By focusing on the strengths of each individual, the organization strives to empower them, fostering their growth into responsible and productive members of society.

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Impact




July, 2024

Youth Unlimited Inc's impact can be seen in the lives of the approximately 49 individuals served in their residential treatment homes for adolescent young people in High Point, NC. Through their mission to provide a continuum of services to children, adolescents, and their families, Youth Unlimited Inc is developing the strengths of each individual into productive life skills. By offering mental health services and a safe residential environment for those who cannot live at home, Youth Unlimited Inc plays a crucial role in supporting vulnerable youth and helping to prevent crime and empower young people to lead fulfilling lives.




This information is meant to be a general summary of Youth Unlimited 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.

Revenue
$1,683,144 (2022)
Expenses
$1,592,989 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $16,041
  • Program Service Revenue: $1,620,284
  • Gross Receipts: $1,683,144

Assets and Liabilities:

  • Total Assets: $3,529,108
  • Total Liabilities: $58,594
  • Net Assets: $3,470,514

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BOARDING/FOSTER CARE

Revenue

$1,262,819

COMMUNITY SERVICES

Revenue

$113,231

INTENSIVE IN-HOME

Revenue

$244,234

Organization Details

Founding Year

1968

Principal Officer

Ms Becky Farlow Wray

Main Address

PO BOX 485, HIGH POINT, NC, 27261

NTEE Category

Code: I44 - Crime

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