Overview
What is Youth Automotive Training Center Of Broward?
The Youth Automotive Training Center of Broward is a nonprofit organization dedicated to empowering at-risk youth by teaching them fundamental automotive repair skills. Their mission encompasses academic remediation, job readiness, and life management training, aiming to transform young adults who may be disadvantaged in their lives into self-sufficient, productive, and law-abiding citizens. This program receives funding and allocates resources worth $103,435, with a total program service expenditure of $1,630,761. The center's services contribute to the community by equipping its youth with valuable skills, ultimately enhancing their overall well-being and prospects for a successful future.
Official website here: www.yatc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 92% (Four-Star out of Four Star rating)
The Youth Automotive Training Center of Broward has received a high rating of 92%, indicating strong performance in accountability and finance. With a fully independent board of 19 members, the organization demonstrates a commitment to transparency and governance, which is essential for building trust with stakeholders. The majority of their financial metrics, including a low liabilities to assets ratio and a high program expense ratio, suggest that funds are effectively utilized towards their mission.
Strengths are evident in their operational metrics, such as a low fundraising efficiency ratio of $0.07, indicating that they keep fundraising costs minimal while maximizing the resources directed towards their programs. Their lack of material diversion of assets and assurance of financial oversight further solidify confidence in their fiscal responsibility. However, the organization does have some areas needing improvement, particularly the absence of a conflict of interest policy and the failure to distribute tax forms to the board prior to filing, which could raise concerns regarding governance practices.
Overall, the Youth Automotive Training Center of Broward appears to be a well-managed nonprofit with high efficiency and accountability. While there are minor governance issues to address, their commendable financial performance and commitment to their mission make them a reliable choice for potential donors looking to support youth automotive training initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Youth Automotive Training Center Of Broward legitimate?
Youth Automotive Training Center Of Broward is a legitimate nonprofit organization registered as a 501(c)(3) entity. Youth Automotive Training Center Of Broward 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: $178,103
Professional Fundraising Fees: $0
Other Salaries and Wages: $678,709
For more financial information, click here
Official website here: www.yatc.org
What is the mission statement of Youth Automotive Training Center Of Broward?
The Youth Automotive Training Center of Broward's mission is to educate and train at-risk youth in essential automotive repair skills, academic remediation, job readiness, and life management skills. The objective is to prepare these young adults, often disadvantaged in their lives, to become self-sufficient, productive, and law-abiding citizens. The center allocates resources to achieve this goal, with a grant of $103,435 and a total program service expense of $1,630,761.
Official website here: www.yatc.org
Who is the CEO of Youth Automotive Training Center Of Broward?
Larry Mcginnes is the President of Youth Automotive Training Center Of Broward.
Official website here: www.yatc.org
What is the revenue of Youth Automotive Training Center Of Broward?
Youth Automotive Training Center Of Broward's revenue in 2022 was $5,483,147.
Official website here: www.yatc.org
Who are the executives of Youth Automotive Training Center Of Broward and what are their salaries?
The average compensation at Youth Automotive Training Center Of Broward during 2022 was $85,681. There are 10 employees and 50 volunteers at Youth Automotive Training Center Of Broward.
Here are 20 key members and their salaries:
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Official website here: www.yatc.org
Where can I find the form 990 for Youth Automotive Training Center Of Broward?
Youth Automotive Training Center Of Broward's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.yatc.org
Learn more at the official website: www.yatc.org
Mission Statement of Youth Automotive Training Center Of Broward
The Youth Automotive Training Center of Broward is an organization dedicated to making a positive impact on at-risk youth. Its primary mission is to educate and train these young individuals in fundamental automotive repair skills, alongside academic remediation, job readiness, and life management techniques. The ultimate goal of this program is to transform these young adults, who may be disadvantaged in their lives, into self-sufficient, productive, and law-abiding citizens. The center receives a grant of $103,435 and has allocated a substantial budget of $1,630,761 for its various services.
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Impact
July, 2024
The Youth Automotive Training Center Of Broward's impact lies in its dedication to training and educating at-risk youth in basic automotive repair skills, academic remediation, job readiness, and life management skills. By providing these essential skills, the center aims to prepare disadvantaged young adults to become self-sufficient, productive, law-abiding citizens. This organization plays a crucial role in empowering and equipping young individuals with the tools necessary to succeed in the automotive industry and beyond.
This information is meant to be a general summary of Youth Automotive Training Center Of Broward. 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: $4,105,382
- Gross Receipts: $19,063,013
Assets and Liabilities:
- Total Assets: $53,993,495
- Total Liabilities: $57,999
- Net Assets: $53,935,496
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Organization Details
Founding Year
1984
Phone
(954) 428-0909Principal Officer
Larry Mcginnes
Main Address
399 SW MARTIN LUTHER KING JR AVE, DEERFIELD BEACH, FL, 33441
Website
www.yatc.orgNTEE Category
Code: B30 - Education
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