Overview
What is Teen Up-Ward Bound Inc?
Teen Up-Ward Bound Inc, located in Opa Locka, Florida, is a dedicated nonprofit organization that prioritizes strengthening families and fostering the growth of young individuals. In 2022, the organization made significant strides by enhancing its facilities to support Science, Technology, Engineering, Arts, and Mathematics (STEAM) programs. This upgrade allowed TUB to introduce weekly instruction in Robotics and Fine Art. Furthermore, TUB broadened its athletics offerings to engage high school students, ultimately leading to their 2022 Marquee Hoops National Championship victory. The nonprofit's team consists of 16 dedicated individuals, working tirelessly to empower the youth and help them reach their full potential.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating
Teen Up-Ward Bound Inc has received a One-Star rating from Charity Navigator, indicating concerns regarding their accountability and financial practices. While they excel in having a fully independent board, their financial statement reporting is lacking, which impacts their overall score. The organization has no material diversion of assets, suggesting integrity in asset management, but the absence of publicly available financial documents raises transparency issues.
The organization's program expense ratio is strong at 78.98%, indicating that a significant portion of their expenses is directed toward their programs. However, the liabilities to assets ratio of 176.75% highlights potential financial sustainability concerns. The CEO's salary is noted to be $72,746, while other board members are unpaid, which could indicate a focus on keeping administrative costs low.
Several key policies, such as a whistleblower policy and document retention procedures, are missing, pointing to gaps in governance practices. On the positive side, the organization does maintain minutes for board meetings and has a conflict of interest policy in place. Overall, while Teen Up-Ward Bound Inc shows commitment to their mission, improvements in financial transparency and governance practices are necessary for enhancing their rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Teen Up-Ward Bound Inc legitimate?
Teen Up-Ward Bound Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Teen Up-Ward Bound 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: $72,746
Professional Fundraising Fees: $0
Other Salaries and Wages: $210,998
For more financial information, click here
What is the mission statement of Teen Up-Ward Bound Inc?
Teen Up-Ward Bound Inc's mission is centered around strengthening families and aiding in the educational growth of youth, aiming to help them reach their highest potential. This organization strives to accomplish this by offering various programs that cater to different interests and abilities. In 2022, they updated their facilities with advanced technology to support Science, Technology, Engineering, Arts, and Mathematics (STEAM) programs. They also introduced weekly instruction in Robotics and Fine Art, and expanded their athletics programs to include high school students. Notably, the high school AAU basketball team under their tutelage emerged victorious in the 2022 Marquee Hoops National Championship.
Who is the CEO of Teen Up-Ward Bound Inc?
Jannie Russell is the Chief Executive Officer of Teen Up-Ward Bound Inc. The CEO's salary of Teen Up-Ward Bound Inc is $72,746 and their total compensation is $79,859.
What is the revenue of Teen Up-Ward Bound Inc?
Teen Up-Ward Bound Inc's revenue in 2022 was $517,295.
Who are the executives of Teen Up-Ward Bound Inc and what are their salaries?
The average compensation at Teen Up-Ward Bound Inc during 2022 was $17,734. There are 16 employees at Teen Up-Ward Bound Inc.
Here are 5 key members and their salaries (Teen Up-Ward Bound Inc's CEO's salary is $72,746 and their total compensation is $79,859):
- Compensation: $72,746
- Related: $0
- Other: $7,113
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Teen Up-Ward Bound Inc?
Teen Up-Ward Bound Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Teen Up-Ward Bound Inc
Teen Up-Ward Bound Inc, a nonprofit organization, is dedicated to building strong families and fostering the growth of young individuals to reach their full potential. Its mission, stated in both the active and formal tones, is to "strengthen families" and "educate youth to reach their highest potential." In pursuit of this mission, Teen Up-Ward Bound Inc has made strides in various areas.
In 2022, the organization demonstrated its commitment to education by upgrading its facilities to accommodate Science, Technology, Engineering, Arts, and Mathematics (STEAM) programs. By incorporating Robotics and Fine Art instruction into its weekly curriculum, Teen Up-Ward Bound Inc is providing young learners with a well-rounded educational experience. Furthermore, the nonprofit expanded its athletics programs to include high school students, leading the high school AAU basketball team to victories, such as the 2022 Marquee Hoops National Championship.
Through these initiatives, Teen Up-Ward Bound Inc is not only educating its youth but also empowering them to excel in various fields. By strengthening families, the nonprofit is creating supportive environments that nurture the growth and development of its young members. In doing so, Teen Up-Ward Bound Inc is making a significant impact in the lives of its community's youth, helping them to reach their highest potential.
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Impact
July, 2024
Teen Up-Ward Bound Inc has made a significant impact by upgrading its facility to accommodate STEAM programs, including Robotics and Fine Art instruction. Additionally, the organization has expanded its athletics programs to include high school students, with the high school AAU basketball team winning the 2022 Marquee Hoops National Championship. Through its efforts to build strong families and educate youth to their highest potential, Teen Up-Ward Bound Inc is making a positive difference in the community of Opa Locka, FL.
This information is meant to be a general summary of Teen Up-Ward Bound 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: $22,103
- Gross Receipts: $517,295
Assets and Liabilities:
- Total Assets: $242,779
- Total Liabilities: $429,131
- Net Assets: -$186,352
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
After school and summer activites
Revenue
$22,103
Organization Details
Founding Year
2012
Principal Officer
Jannie Russell
Main Address
2105 Ali Baba Avenue, Opa Locka, FL, 33054
NTEE Category
Code: O53 - Youth development
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