Overview
What is National Foundation For Youth Inc?
The National Foundation For Youth Inc, located in Cocoa, Florida, is a nonprofit organization that raises and manages funds for various charitable organizations. Their mission is to support non-profit entities providing innovative educational, rehabilitative, therapeutic, and environmental programs for at-risk young individuals, ranging from children to young adults. Specifically, they have sponsored organizations like Eckerd Youth Alternatives, which specializes in intervention and education for at-risk youth and young adults. By providing this crucial financial support, the National Foundation For Youth Inc aims to enhance the lives of these vulnerable populations and contribute to their overall development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
The National Foundation for Youth Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score of 56% suggests that the organization may not be fully transparent or well-managed, particularly highlighted by the absence of independent board members and missing financial documentation on its website.
Strengths of the organization include a strong commitment to program expenses, with 89% of its budget going directly to its programs, which indicates a focus on its mission. Additionally, the organization has successfully avoided any material diversion of assets, reflecting some level of financial integrity. However, the lack of an independent board and missing key policies, such as a whistleblower policy and document retention policy, raises questions about governance and oversight.
Limitations are significant, particularly in the areas of transparency and financial accountability. The organization has not provided essential documents like its tax forms on its website, which could help bolster trust with donors and stakeholders. Overall, while the foundation demonstrates a commitment to its programs, its governance and financial management practices need substantial improvement to enhance its credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is National Foundation For Youth Inc legitimate?
National Foundation For Youth Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Foundation 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: $13,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of National Foundation For Youth Inc?
The National Foundation for Youth Inc's mission is to support charitable organizations that provide innovative educational, rehabilitative, and intervention programs for at-risk children, youth, and young adults. Their primary objective is to raise and administer funds for these organizations. The foundation has demonstrated this commitment by granting funds to organizations such as Eckerd Youth Alternatives, Inc., which offers intervention and educational programs for at-risk children, youth, and young adults. The National Foundation for Youth Inc aims to provide a channel of support for these non-traditional programs that can significantly impact the lives of these vulnerable individuals.
What is the revenue of National Foundation For Youth Inc?
National Foundation For Youth Inc's revenue in 2024 was $1,727,458.
Who are the executives of National Foundation For Youth Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $8,968
- Related: $0
- Other: $0
- Compensation: $12,583
- Related: $0
- Other: $0
- Compensation: $12,999
- Related: $0
- Other: $0
- Compensation: $6,482
- Related: $0
- Other: $0
- Compensation: $6,885
- Related: $0
- Other: $0
Where can I find the form 990 for National Foundation For Youth Inc?
National Foundation For Youth Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of National Foundation For Youth Inc
The National Foundation for Youth Inc, a charitable organization, is dedicated to supporting non-profit entities that offer educational, rehabilitative, therapeutic, and environmental programs for at-risk youth and young adults. Its mission is to serve as a conduit for funding, aiding organizations that provide innovative and non-traditional intervention and educational programs for vulnerable children, adolescents, and young adults. The National Foundation for Youth Inc has demonstrated its commitment to this cause by granting funds to organizations such as Eckerd Youth Alternatives, Inc., which specializes in intervention and education for at-risk young individuals. The foundation's objective is to empower these organizations to make a significant impact in the lives of young people, providing them with the resources needed to foster growth, rehabilitation, and personal development.
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Impact
July, 2024
National Foundation For Youth Inc's impact is significant in providing support to charitable organizations that offer non-traditional and innovative programs for at-risk children, youth, and young adults. By raising and granting funds to organizations like Eckerd Youth Alternatives, Inc., which focus on intervention and education for at-risk individuals, the foundation plays a vital role in helping to improve the lives of vulnerable youth. Through its mission to administer funds for educational, rehabilitative, therapeutic, and environmental programs, the foundation contributes to the welfare and development of young people in need.
This information is meant to be a general summary of National Foundation 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 2024.
- Investment Income: $2,137,691
- Gross Receipts: $12,480,508
Assets and Liabilities:
- Total Assets: $70,901,613
- Total Liabilities: $642,111
- Net Assets: $70,259,502
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Organization Details
Founding Year
1993
Principal Officer
James T Swann Iii
NTEE Category
Code: P110 - Human services
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