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Cby25 Initiative Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 743239498 ✦ Lakeland, FL ✦ Designated as a 501(c)(3)

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Overview

What is Cby25 Initiative Inc?

Cby25 Initiative Inc, located in Lakeland, Florida, is a dedicated nonprofit organization with a mission to support youth in foster care and the juvenile justice system. Their primary goal is to ensure these young individuals are equipped with essential life skills by the age of 25, achieving education, stable housing, financial stability, employment, and a supportive network. To fulfill this mission, Cby25 Initiative Inc provides technical assistance and training to relevant organizations, thereby empowering them to better serve the needs of these vulnerable youth. The organization employs a team of five individuals, demonstrating its commitment to this crucial cause.


Official website here: www.cby25i.org

Is Cby25 Initiative Inc legitimate?

Cby25 Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cby25 Initiative 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: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $37,806

For more financial information, click here


Official website here: www.cby25i.org

What is the mission statement of Cby25 Initiative Inc?

The mission of Cby25 Initiative Inc. is centered around supporting foster care youth. Their goal is to ensure that these individuals are equipped with essential life skills by the age of 25. This encompasses providing education, securing housing, establishing a bank account, obtaining employment, and connecting them to a robust support system. Cby25 Initiative Inc. accomplishes this by offering technical assistance and training to organizations serving youth in foster care and the juvenile justice system.


Official website here: www.cby25i.org

Who is the CEO of Cby25 Initiative Inc?

Diane Zambito is the Ceo of Cby25 Initiative Inc. The CEO's salary of Cby25 Initiative Inc is $75,000 and their total compensation is $75,000.


Official website here: www.cby25i.org

What is the revenue of Cby25 Initiative Inc?

Cby25 Initiative Inc's revenue in 2022 was $164,862.


Official website here: www.cby25i.org

Who are the executives of Cby25 Initiative Inc and what are their salaries?

The average compensation at Cby25 Initiative Inc during 2022 was $22,561. There are 5 employees at Cby25 Initiative Inc.


Here are 3 key members and their salaries (Cby25 Initiative Inc's CEO's salary is $75,000 and their total compensation is $75,000):


Diane Zambito (Ceo)
  • Compensation: $75,000
  • Related: $0
  • Other: $0
Joseph W Clark (Board Secret)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alvo M Oddis (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cby25i.org

Where can I find the form 990 for Cby25 Initiative Inc?

Cby25 Initiative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cby25i.org

Learn more at the official website: www.cby25i.org

Mission Statement of Cby25 Initiative Inc

Cby25 Initiative Inc, a dedicated organization, is committed to ensuring that foster care youth achieve crucial milestones by the age of 25. Their mission, in essence, revolves around four key areas: education, housing, employment, and establishing a supportive network. By age 25, the organization aims to ensure that these young individuals have completed their education, have a stable place to live, are employed, and are connected to a reliable support system. Cby25 Initiative Inc provides technical assistance and training to organizations serving youth in foster care and the juvenile justice system to help them achieve these goals.

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Impact




October, 2024

Cby25 Initiative Inc profoundly impacts the lives of youth in foster care by providing essential support that empowers them to thrive as they transition to adulthood. Their focus is on ensuring that these young individuals are educated, housed, banked, employed, and connected to a robust support system by the age of 25. Through targeted technical assistance and training, Cby25 Initiative equips organizations that serve youth in foster care and the juvenile justice system with the resources needed to enhance their services. This collaborative approach not only strengthens the network of support available to these youths but also fosters a community committed to their long-term success. By addressing multiple facets of their development, Cby25 Initiative plays a crucial role in breaking the cycle of instability and promoting self-sufficiency among vulnerable populations.




This information is meant to be a general summary of Cby25 Initiative 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.

Revenue
$164,862 (2022)
Expenses
$173,104 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $16
  • Gross Receipts: $164,862

Assets and Liabilities:

  • Total Assets: $128,659
  • Total Liabilities: $118,161
  • Net Assets: $10,498

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Organization Details

Founding Year

2007

Principal Officer

Diane Zambito

Main Address

1102 S FLORIDA AVE, LAKELAND, FL, 33803

NTEE Category

Code: P80 - Human services

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