Overview
What is Clearwater For Youth Inc?
Clearwater For Youth Inc, situated in Clearwater, Florida, is a nonprofit organization dedicated to empowering local youth through sports programs. By offering financial assistance, grant programs, and matching funds challenges, they alleviate financial burdens for youth groups and participants. Their mission is to ensure that no child is excluded from participating in sports due to financial constraints and to enhance the community's youth sports scene. They strive to build character through sports and collaborate with recognized local youth sports programs, both at the city and national levels. With a team of seven dedicated individuals, they aim to elevate the youth of Pinellas County by providing access to athletics and skill-building programs, fostering unity among children from diverse backgrounds.
Official website here: www.cfypinellas.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Star rating)
Clearwater For Youth Inc. (CFY) has received an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and finance practices, with scores of 96% in accountability and finance, 100% in impact and measurement, and leadership adaptability. The organization has a robust program expense ratio of 80.05% and operates with a 0.00% liabilities to assets ratio, indicating strong financial health. All board members are independent, ensuring unbiased governance, and the organization has established comprehensive policies for conflict of interest and whistleblower protections.
User feedback highlights CFY's significant positive impact on local youth sports programs, providing financial assistance that allows children to participate regardless of their financial background. Volunteers and community members praise CFY for enhancing opportunities in sports, fostering personal growth, and facilitating community events that strengthen local ties. Many reviews emphasize the organization's long-standing commitment to supporting youth, with testimonials detailing substantial financial contributions and scholarships that have changed lives.
However, while most feedback is overwhelmingly positive, there are some concerns regarding the salary of the organization's sole paid employee, which was noted in a past review to account for 21% of gross revenue. This has raised questions about compensation practices in relation to overall revenue. Despite this, the vast majority of reviews reflect a community deeply appreciative of CFY's essential role in promoting youth engagement and development in Clearwater.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Clearwater For Youth Inc legitimate?
Clearwater For Youth Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clearwater For Youth 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: $123,378
Professional Fundraising Fees: $0
Other Salaries and Wages: $87,019
For more financial information, click here
Official website here: www.cfypinellas.org
What is the mission statement of Clearwater For Youth Inc?
Clearwater For Youth Inc's mission is centered around supporting deserving youth and their sports programs financially. The organization aims to uplift children from various backgrounds in Pinellas County through access to athletics and skill-building programs. Their primary objective is to ensure no child is excluded from participating in youth sports due to financial constraints. Furthermore, Clearwater For Youth Inc strives to enhance youth sports in the community and beyond by offering scholarship opportunities, grant programs, and matching funds to local programs and participants in need. This is accomplished by adhering to the philosophy of building character through sports and sharing resources with recognized youth sports organizations nationwide.
Official website here: www.cfypinellas.org
Who is the CEO of Clearwater For Youth Inc?
Kevin Dunbar is the Executive Director of Clearwater For Youth Inc.
Official website here: www.cfypinellas.org
What is the revenue of Clearwater For Youth Inc?
Clearwater For Youth Inc's revenue in 2022 was $720,266.
Official website here: www.cfypinellas.org
Who are the executives of Clearwater For Youth Inc and what are their salaries?
The average compensation at Clearwater For Youth Inc during 2022 was $30,057. There are 7 employees and 24 volunteers at Clearwater For Youth Inc.
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- Compensation: $108,169
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- Other: $15,209
Official website here: www.cfypinellas.org
Where can I find the form 990 for Clearwater For Youth Inc?
Clearwater For Youth Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfypinellas.org
Learn more at the official website: www.cfypinellas.org
Mission Statement of Clearwater For Youth Inc
Clearwater For Youth Inc, a dedicated organization, is committed to uplifting the youth in Pinellas County by providing access to athletics and various skill-building programs. The mission of this nonprofit is to create an inclusive environment where children from diverse backgrounds can learn, play, and grow together. Clearwater For Youth Inc's primary goal is to ensure that no child is excluded from participating in youth sports programs due to financial constraints. They achieve this by offering scholarship opportunities, grant programs, and matching funds opportunities to youth programs and participants in need. This approach is rooted in the philosophy of building character through sports and sharing resources with other recognized local youth sports programs, both in Clearwater, Florida, and beyond. Clearwater For Youth Inc's efforts extend beyond sports, aiming to elevate the community's youth sports landscape and enrich the lives of countless young individuals.
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Impact
July, 2024
Clearwater For Youth Inc's impact is substantial in the Clearwater, Florida area where it provides crucial financial support to deserving youth and their sports programs. By reducing the financial burdens on youth groups and participants, this organization enables children from all backgrounds to play and learn together. Through scholarship opportunities, grant programs, and matching funds challenges, Clearwater For Youth Inc ensures that no child is turned away from youth sports programs due to financial concerns. This initiative not only fosters youth development but also elevates youth sports in the community by offering essential support to area youth programs and participants in need. The organization's mission focuses on providing access to athletics and skill-building programs, creating a positive environment where children can learn, play, and grow together.
This information is meant to be a general summary of Clearwater For Youth 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.
- Investment Income: $217,850
- Gross Receipts: $1,510,596
Assets and Liabilities:
- Total Assets: $4,748,568
- Total Liabilities: $0
- Net Assets: $4,748,568
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Organization Details
Founding Year
1972
Phone
(727) 562-4903Principal Officer
Kevin Dunbar
Main Address
1501 NORTH BELCHER ROAD 711, CLEARWATER, FL, 33765
Website
www.cfypinellas.orgNTEE Category
Code: O20Z - Youth development
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