Tomorrows America Foundation Inc

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

EIN: 581346815 ✦ Clover, SC ✦ Designated as a 501(c)(3)

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Overview

What is Tomorrows America Foundation Inc?

Tomorrows America Foundation Inc is a nonprofit organization situated in Clover, South Carolina. With a modest workforce of two individuals, this organization is dedicated to empowering the youth by hosting leadership conferences. These events take place in North Carolina and South Carolina, lasting several days and involving overnight stays for the participants. The primary goal of these conferences is to foster leadership skills among the young attendees.


Official website here: www.broyhill-leadership.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 57% (One-Star out of Four Stars)

Tomorrows America Foundation Inc holds a low rating of 57%, reflecting significant concerns regarding its governance and accountability practices. The score is primarily affected by the lack of independent board members, which raises issues about oversight and conflict of interest. As the organization has no independent members on its board, it received a score of 0% in that category.

Despite the governance issues, the foundation demonstrates some positive financial health indicators, such as a program expense ratio of 68.14%, indicating that a substantial portion of its funds are allocated to programs rather than administrative costs. The organization has no material diversions of assets, showcasing financial integrity. However, it lacks essential policies like conflict of interest and whistleblower protections, which are critical for transparency and accountability.

While some documentation practices are in place, such as publishing board meeting minutes and tax forms on its website, the absence of independent oversight and essential policies significantly hampers the foundation's credibility. Interested stakeholders should consider these factors when evaluating the organization's overall effectiveness and reliability.


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

Is Tomorrows America Foundation Inc legitimate?

Tomorrows America Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tomorrows America 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: $27,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,545

For more financial information, click here


Official website here: www.broyhill-leadership.org

What is the mission statement of Tomorrows America Foundation Inc?

The Tomorrows America Foundation Inc's mission is centered around conducting youth leadership conferences. Specifically, they organize these conferences in the states of North Carolina and South Carolina. These events are immersive experiences, lasting several days, where participants are expected to stay overnight. The primary objective of these conferences is to foster leadership skills and personal growth among the youth attending.


Official website here: www.broyhill-leadership.org

Who is the CEO of Tomorrows America Foundation Inc?

Michael Broome is the President of Tomorrows America Foundation Inc.


Official website here: www.broyhill-leadership.org

What is the revenue of Tomorrows America Foundation Inc?

Tomorrows America Foundation Inc's revenue in 2021 was $179,667.


Official website here: www.broyhill-leadership.org

Who are the executives of Tomorrows America Foundation Inc and what are their salaries?

The average compensation at Tomorrows America Foundation Inc during 2021 was $27,272. There are 2 employees at Tomorrows America Foundation Inc.


Here are 2 key members and their salaries:


Karen Broome (Vice President)
  • Compensation: $27,000
  • Related: $0
  • Other: $0
Michael Broome (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.broyhill-leadership.org

Where can I find the form 990 for Tomorrows America Foundation Inc?

Tomorrows America Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.broyhill-leadership.org

Learn more at the official website: www.broyhill-leadership.org

Mission Statement of Tomorrows America Foundation Inc

Tomorrows America Foundation Inc, a nonprofit organization, is dedicated to fostering youth leadership. Their primary mission involves conducting youth leadership conferences in the regions of North Carolina and South Carolina. These conferences are extensive, requiring the participation of young individuals for several days. The youth are expected to stay overnight, providing them with a unique opportunity for immersive learning and interaction. The conferences aim to equip these young individuals with essential leadership skills, fostering their personal growth and development.

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Impact




October, 2024

Tomorrows America Foundation Inc significantly impacts the lives of young people in North Carolina and South Carolina by conducting youth leadership conferences. These immersive conferences provide a platform for youth to develop essential leadership skills, engage in teamwork, and foster personal growth. Held over several days and involving overnight accommodations, these camps create a unique environment for participants to connect with peers, learn from experienced mentors, and develop their potential as future leaders.

By focusing on youth development, the foundation empowers participants to gain confidence, enhance their communication skills, and build a sense of community. The skills and experiences gained during these conferences not only benefit the individuals but also have a ripple effect on their communities, as these young leaders return with fresh perspectives and a commitment to making a positive difference. Overall, Tomorrows America Foundation Inc plays a vital role in shaping the next generation of leaders in the region.




This information is meant to be a general summary of Tomorrows America 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
$179,667 (2021)
Expenses
$165,348 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $11,225
  • Program Service Revenue: $53,312
  • Gross Receipts: $179,667

Assets and Liabilities:

  • Total Assets: $658,061
  • Total Liabilities: $771
  • Net Assets: $657,290

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Programs

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

Leadership Conferences

Revenue

$53,312

Organization Details

Founding Year

1982

Principal Officer

Michael Broome

Main Address

1450 S Beersheba Road, Clover, SC, 29710

NTEE Category

Code: O50 - Youth development

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