Overview
What is Youth Programs Inc?
Youth Programs Inc is a nonprofit organization situated in Memphis, Tennessee, with two employees. Their primary mission is to offer supporting services for an annual professional golf tournament to raise funds for charitable causes. Specifically, they collaborate with the PGA Tour to produce a high-quality tournament that is both enjoyable for players and fans, aiming to maximize proceeds for charitable organizations, primarily St. Jude Children's Research Hospital. The organization's activities contribute to the successful execution of this event, ultimately supporting various charitable causes in the community.
What are the reviews and ratings of this charity?
88% rating from Charity Navigator indicates that Youth Programs Inc has a solid foundation in accountability and finance, earning it a Three-Star out of Four Star rating. The score reflects a strong emphasis on organizational integrity, with an excellent performance in most metrics, particularly in board independence and financial oversight.
The organization boasts a fully independent board and a robust audit and oversight committee, both contributing to high scores in governance. Additionally, Youth Programs Inc effectively utilizes its resources, with a program expense ratio of 92.86%, indicating that a significant portion of its funds directly supports its programs.
However, there are areas for improvement, notably in fundraising efficiency, where it received a lower score. While the organization has a commendable liability to assets ratio and sufficient working capital, enhancing its fundraising strategies could further strengthen its overall financial health and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Youth Programs Inc legitimate?
Youth Programs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Youth Programs 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: $89,609
For more financial information, click here
What is the mission statement of Youth Programs Inc?
Youth Programs Inc's mission is centered around assisting the PGA Tour in organizing an annual golf tournament. The primary objective is to ensure the event is enjoyable for both players and spectators, thereby maximizing funds for charitable causes. The organization's primary focus is on supporting St. Jude Children's Research Hospital, along with other charitable organizations. By providing essential services for the tournament, Youth Programs Inc contributes to raising substantial funds that are subsequently donated to these charities.
Who is the CEO of Youth Programs Inc?
Jack Sammons is the Director of Youth Programs Inc.
What is the revenue of Youth Programs Inc?
Youth Programs Inc's revenue in 2021 was $2,447,133.
Who are the executives of Youth Programs Inc and what are their salaries?
The average compensation at Youth Programs Inc during 2021 was $44,804. There are 2 employees at Youth Programs Inc.
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Where can I find the form 990 for Youth Programs Inc?
Youth Programs Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Youth Programs Inc
Youth Programs Inc, a nonprofit organization, is dedicated to assisting the PGA Tour in the production of an annual golf tournament. This event, typically held in the city of Memphis, serves as a platform to raise funds for charitable organizations, with St. Jude Children's Research Hospital being the primary beneficiary. The mission of Youth Programs Inc is to ensure the tournament is of high quality, providing an enjoyable experience for both players and fans. The ultimate goal is to maximize net proceeds for these charitable causes. By offering supporting services, Youth Programs Inc plays a crucial role in the success of this annual golf event, contributing to the betterment of numerous charitable organizations.
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Impact
July, 2024
Youth Programs Inc's impact is substantial, as it provides supporting services to the PGA Tour in the production of an annual golf tournament in Memphis. This event is primarily organized for the benefit of charitable organizations, with a strong focus on supporting St. Jude Children's Research Hospital. By facilitating this tournament, Youth Programs Inc plays a crucial role in raising funds to donate to charity, contributing significantly to the well-being and support of those in need. The organization's mission to assist the PGA Tour in hosting a top-quality tournament that maximizes net proceeds for charitable causes underscores its commitment to philanthropy and making a positive difference in the community.
This information is meant to be a general summary of Youth Programs 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 2021.
- Investment Income: $8,911
- Gross Receipts: $2,447,133
Assets and Liabilities:
- Total Assets: $5,211,246
- Total Liabilities: $2,239,214
- Net Assets: $2,972,032
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Organization Details
Founding Year
1960
Phone
(901) 748-0534Principal Officer
Jack Sammons
Main Address
3325 CLUB AT SOUTHWIND, MEMPHIS, TN, 381258832
NTEE Category
Code: T30 - Philanthropy
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