Overview
What is Ypo Fellowship Foundation Inc?
Ypo Fellowship Foundation Inc, located in Oxford, Mississippi, is a nonprofit organization dedicated to fostering religious discussions, education, and fellowship opportunities among members of the Christian Fellowship Network of the Young Presidents Organization. Their primary mission involves constructing homes for the homeless, aiming to provide shelter and support to those in need. Additionally, they encourage fellowship, education, and service among their members, contributing to their overall objectives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57% (One-Star out of Four Stars)
The Ypo Fellowship Foundation Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial transparency. While the organization boasts a fully independent board, which strengthens its governance, it lacks crucial financial documentation on its website, such as financial statements and tax forms. This absence has heavily impacted its overall score, leading to a 0 out of 15 points for financial statements.
On a more positive note, the foundation demonstrates a high program expense ratio of 97.86%, suggesting that most of its funds are directed toward its programs rather than administrative costs. The absence of material diversion of assets is also a strong point, highlighting the organization's integrity in handling its resources. However, the lack of essential policies, such as conflict of interest and whistleblower policies, raises red flags about its operational transparency and risk management.
Overall, while the Ypo Fellowship Foundation Inc shows a commitment to program spending and compliance against asset diversion, the severe deficiencies in financial accountability and policy transparency contribute to its low rating. Enhanced financial reporting and adherence to best practices in governance could improve the charity's standing and trust within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Ypo Fellowship Foundation Inc legitimate?
Ypo Fellowship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ypo Fellowship 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.
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What is the mission statement of Ypo Fellowship Foundation Inc?
The Ypo Fellowship Foundation Inc's mission is centered around constructing homes for the homeless. Beyond this, the organization seeks to foster fellowship, education, and service opportunities among members of the Christian Fellowship Network within the Young Presidents Organization. They also prioritize religious discussions, education, and the development of fellowship and service opportunities within this network.
Who is the CEO of Ypo Fellowship Foundation Inc?
Lee Paris is the Chair of Ypo Fellowship Foundation Inc.
What is the revenue of Ypo Fellowship Foundation Inc?
Ypo Fellowship Foundation Inc's revenue in 2022 was $465,050.
Who are the executives of Ypo Fellowship Foundation Inc and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Ypo Fellowship Foundation Inc?
Ypo Fellowship Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ypo Fellowship Foundation Inc
Ypo Fellowship Foundation Inc is an organization committed to constructing homes for the homeless and fostering fellowship, education, and service opportunities among members of the Christian Fellowship Network of the Young Presidents Organization. The foundation's mission is multifaceted, encompassing both physical and spiritual aspects. In the realm of physical aid, Ypo Fellowship Foundation Inc focuses on providing housing solutions for homeless individuals. This aspect of their mission is reflected in the phrase "BUILDING HOMES FOR THE HOMELESS."
Beyond its physical endeavors, Ypo Fellowship Foundation Inc also seeks to promote fellowship and service opportunities among its Christian Fellowship Network members. This facet of their mission is a testament to their belief in the power of community and collective action. Their vision and values encourage religious discussion, education, and the fostering of fellowship within their network. This mission statement serves as a guiding principle, inspiring members of the Young Presidents Organization to engage in acts of service and support, thereby creating a more compassionate and inclusive society.
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Impact
July, 2024
Ypo Fellowship Foundation Inc's impact lies in its dedication to building homes for the homeless and fostering fellowship, education, and service opportunities among members of the Christian Fellowship Network of the Young Presidents Organization. Through their work in Oxford, MS, the foundation not only provides safe and secure housing for those in need but also creates a platform for religious discussion, education, and service within the community. Their mission extends beyond borders, marked by an international tag, showcasing their commitment to making a global impact in addressing homelessness and promoting fellowship among individuals of the Christian faith.
This information is meant to be a general summary of Ypo Fellowship 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $381,050
- Gross Receipts: $465,050
Assets and Liabilities:
- Total Assets: $192,458
- Total Liabilities: $76,741
- Net Assets: $115,717
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$381,050
Organization Details
Founding Year
2001
Phone
(601) 354-4255Principal Officer
Lee Paris
Main Address
7011 BLUFF LANE, OXFORD, MS, 38655
NTEE Category
Code: Q300 - International
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