Overview
What is Friends Of Youth Foundation?
Friends of Youth Foundation is a non-profit organization headquartered in Kirkland, Washington, specifically at 13116 NE 132nd ST. Their primary mission is to support the activities of Friends of Youth, particularly its reaccreditation efforts. They aim to establish a lasting legacy of support for the programs and mission of Friends of Youth. In essence, their objective is to contribute funds and resources towards the continued success and growth of this organization. Further details regarding the nature and scope of their activities remain undisclosed in the provided information.
Official website here: www.friendsofyouth.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 57% (One-Star out of Four Star rating)
Friends Of Youth Foundation has received a low score on Charity Navigator, reflecting significant concerns about its financial accountability and program spending. While the organization boasts strong governance indicators, such as a fully independent board and a proper conflict of interest policy, it struggles with the allocation of funds toward its programs, as indicated by a program expense ratio of only 32.51%. This low percentage suggests that a large portion of resources may not be directed toward fulfilling its mission.
The foundation does exhibit strengths in several areas of accountability and finance. It has no reported material diversions of assets, and its board meeting minutes are documented and available. Additionally, the foundation has implemented policies regarding whistleblowing and document retention, which contribute positively to its governance structure.
However, the overall lack of funds allocated to program services raises red flags for potential donors and supporters, as it questions the effectiveness and impact of the organization's efforts. The high salary of the CEO further compounds these concerns, suggesting that operational costs may be prioritized over direct support for the intended beneficiaries. This combination of factors has contributed to the foundation's low rating, indicating a need for improvement in financial management and program investment.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Youth Foundation legitimate?
Friends Of Youth Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Youth Foundation 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: $0
For more financial information, click here
Official website here: www.friendsofyouth.org
What is the mission statement of Friends Of Youth Foundation?
The Friends of Youth Foundation is dedicated to ensuring a lasting impact on the programs and mission they support. Specifically, their mission is to raise funds and lend support for various activities of the foundation, including reaccreditation efforts. The ultimate goal is to create a lasting legacy for Friends of Youth, contributing to their continued success in their endeavors.
Official website here: www.friendsofyouth.org
Who is the CEO of Friends Of Youth Foundation?
Paul Lwali is the Board Chair of Friends Of Youth Foundation. The CEO's salary of Friends Of Youth Foundation is $0 and their total compensation is $282,268.
Official website here: www.friendsofyouth.org
What is the revenue of Friends Of Youth Foundation?
Friends Of Youth Foundation's revenue in 2023 was $66,435.
Official website here: www.friendsofyouth.org
Who are the executives of Friends Of Youth Foundation and what are their salaries?
There 7 volunteers at Friends Of Youth Foundation.
Here are 8 key members and their salaries (Friends Of Youth Foundation's CEO's salary is $0 and their total compensation is $282,268):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $274,917
- Other: $7,351
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.friendsofyouth.org
Where can I find the form 990 for Friends Of Youth Foundation?
Friends Of Youth Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.friendsofyouth.org
Learn more at the official website: www.friendsofyouth.org
Mission Statement of Friends Of Youth Foundation
The Friends of Youth Foundation, a charitable organization, is dedicated to upholding and promoting the programs and mission of Friends of Youth. Its primary objective is to provide a lasting legacy of support for the organization's various initiatives. In pursuit of this goal, the foundation raises funds and offers assistance for the activities undertaken by Friends of Youth, including efforts related to reaccreditation. By doing so, the Friends of Youth Foundation ensures the continuity and success of the programs aimed at enhancing the lives of those it serves.
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Impact
June, 2024
Friends Of Youth Foundation's impact can be seen in the invaluable support it provides to the programs and mission of Friends Of Youth. By raising funds and supporting various activities, the foundation plays a crucial role in ensuring the continuity and effectiveness of Friends Of Youth's initiatives. Additionally, through its focus on mental health, the foundation contributes to improving the well-being of individuals and communities. Overall, Friends Of Youth Foundation's efforts have a significant positive impact on the organization and the individuals it serves.
This information is meant to be a general summary of Friends Of Youth Foundation. 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 2023.
- Investment Income: $40,460
- Gross Receipts: $66,435
Assets and Liabilities:
- Total Assets: $2,238,727
- Total Liabilities: $0
- Net Assets: $2,238,727
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Organization Details
Founding Year
2005
Phone
(425) 869-6490Principal Officer
Paul Lwali
Main Address
13116 NE 132ND ST, KIRKLAND, WA, 98034
Website
www.friendsofyouth.orgNTEE Category
Code: F11 - Mental health
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