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Knott County Youth Foundation Inc

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

EIN: 562395635 ✦ Hindman, KY ✦ Designated as a 501(c)(3)

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Overview

What is Knott County Youth Foundation Inc?

Knott County Youth Foundation Inc, situated in Hindman, Kentucky, is a nonprofit organization dedicated to enhancing the lives of local youth. Their primary mission involves operating a youth athletic program, fostering sports competition, and educating young individuals. This program not only helps develop character, sportsmanship, and physical fitness but also promotes amateur sports in the Knott County area. Additionally, the foundation extends its support to underprivileged children during the holiday season by providing Christmas gifts. Their efforts in accomplishing these objectives have been successful in supplying necessary resources and guidance to the youth of Knott County.

Is Knott County Youth Foundation Inc legitimate?

Knott County Youth Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Knott County Youth Foundation 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: $0

For more financial information, click here

What is the mission statement of Knott County Youth Foundation Inc?

The Knott County Youth Foundation Inc's mission involves operating a youth athletic program to foster sports competition, educate youth, develop character, sportsmanship, and physical fitness. This organization aims to promote amateur sports in East Kentucky, with a particular focus on the Knott County area. Additionally, the foundation provides Christmas presents and meal support to underprivileged children in Knott County. Through its initiatives, the foundation has been successful in achieving its goals by providing supplies and guidance to the youth of Knott County and promoting and providing facilities for them.

What is the revenue of Knott County Youth Foundation Inc?

Knott County Youth Foundation Inc's revenue in 2023 was $58,750.

Who are the executives of Knott County Youth Foundation Inc and what are their salaries?

Here are 3 key members and their salaries:


Randy Thompson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Jeff Blair (Sec./Treas.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Champion (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Knott County Youth Foundation Inc?

Knott County Youth Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Knott County Youth Foundation Inc

Knott County Youth Foundation Inc is dedicated to serving the youth of its community in East Kentucky, with a particular focus on the Knott County area. The organization's mission is twofold: firstly, it operates a youth athletic program to foster sports competition and encourage character, sportsmanship, and physical fitness among the participants. Secondly, the foundation provides Christmas gifts and meal support to underprivileged children in Knott County. Through its efforts, Knott County Youth Foundation Inc has been successful in achieving these objectives by providing supplies and guidance to the youth and promoting and facilitating athletic activities for them. The foundation's initiatives aim to not only enhance the athletic skills of the youth but also contribute to their overall development, empowering them to lead fulfilling lives.

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Impact




August, 2024

Knott County Youth Foundation Inc has a significant impact on the youth of Knott County, Kentucky. They operate a youth athletic program that fosters sports competition, educates the youth, builds character and sportsmanship, and promotes physical fitness. Additionally, the foundation provides Christmas gifts and meal support to underprivileged children in the area. By offering supplies, guidance, and facilities, they have successfully achieved their mission of supporting the youth of Knott County and ensuring they have access to athletic opportunities and holiday cheer.




This information is meant to be a general summary of Knott County Youth Foundation 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
$58,750 (2023)
Expenses
$48,857 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $58,750

Assets and Liabilities:

  • Total Assets: $69,187
  • Total Liabilities: $0
  • Net Assets: $69,187

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Organization Details

Principal Officer

Randy Thompson

NTEE Category

Code: N32 - Recreation

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