Overview
What is Capital Youth Empowerment Program Inc?
Capital Youth Empowerment Program Inc, located at 950 N WASHINGTON STREET Ste 350, Alexandria, VA 22314, is a nonprofit organization that focuses on promoting equity for underserved individuals. Funded by the US Department of Health and Human Services through the Fatherhood FIRE grant, CYEP offers a program called Fathers in Tech. This program integrates economic stability services, healthy marriage education, and activities designed to encourage responsible parenting. It specifically caters to fathers who are nearing their release from incarceration, preparing to rejoin their families and communities. CYEP's mission is to teach essential skills and equip the underserved with the necessary tools and empowerment to improve their lives and contribute positively to their communities. The organization currently employs 16 individuals.
Official website here: www.cyep.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning a Two-Star out of Four Star rating.
The Capital Youth Empowerment Program Inc has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its financial performance and transparency. While the organization boasts a high score for accountability and governance, evidenced by 100% independent board members and a robust conflict of interest policy, the absence of financial statements significantly impacts its overall financial score.
Strengths of the organization include a strong program expense ratio of 67.68%, suggesting a majority of expenses are directed towards its programs. Moreover, the organization has achieved perfect scores in both culture and community, and equity strategies, which reflects its commitment to fostering inclusive practices and addressing community needs.
However, the high liabilities to assets ratio of 131.90% raises red flags regarding financial stability, and the lack of publicly available financial statements can hinder potential donors from assessing its overall fiscal health. Overall, while the organization demonstrates a commitment to accountability and program effectiveness, its financial transparency and stability call for improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Capital Youth Empowerment Program Inc legitimate?
Capital Youth Empowerment Program Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capital Youth Empowerment Program 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: $255,785
Other Salaries and Wages: $1,030,993
For more financial information, click here
Official website here: www.cyep.org
What is the mission statement of Capital Youth Empowerment Program Inc?
Capital Youth Empowerment Program Inc's mission is centered around promoting equity for underserved individuals. They accomplish this by focusing on social skill development and fostering economic mobility. The organization's mission is to equip these individuals with the necessary tools and empowerment, enabling them to improve their lives and contribute positively to their communities. Capital Youth Empowerment Program Inc is dedicated to bridging the gap and providing equal opportunities for the underserved population.
In detail, Capital Youth Empowerment Program Inc's mission involves teaching vital skills to underserved individuals, equipping them with the resources needed to strengthen their lives and impact their communities. The program is committed to leveling the playing field for these individuals and empowering them to reach their full potential.
Furthermore, Capital Youth Empowerment Program Inc offers workforce development opportunities, primarily funded by the US Department of Health and Human Services, to help fathers within nine months of release from incarceration rejoin their families and communities as providers.
Official website here: www.cyep.org
Who is the CEO of Capital Youth Empowerment Program Inc?
Isaac King is the Ceo of Capital Youth Empowerment Program Inc. The CEO's salary of Capital Youth Empowerment Program Inc is $205,845 and their total compensation is $205,845.
Official website here: www.cyep.org
What is the revenue of Capital Youth Empowerment Program Inc?
Capital Youth Empowerment Program Inc's revenue in 2022 was $1,698,446.
Official website here: www.cyep.org
Who are the executives of Capital Youth Empowerment Program Inc and what are their salaries?
The average compensation at Capital Youth Empowerment Program Inc during 2022 was $64,437. There are 16 employees at Capital Youth Empowerment Program Inc.
Here are 7 key members and their salaries (Capital Youth Empowerment Program Inc's CEO's salary is $205,845 and their total compensation is $205,845):
- Compensation: $205,845
- Related: $0
- Other: $0
- Compensation: $107,680
- 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: $0
- Other: $0
Official website here: www.cyep.org
Where can I find the form 990 for Capital Youth Empowerment Program Inc?
Capital Youth Empowerment Program Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cyep.org
Learn more at the official website: www.cyep.org
Mission Statement of Capital Youth Empowerment Program Inc
Capital Youth Empowerment Program, Inc. (CYEP) is dedicated to promoting equity for underserved individuals by focusing on social skill development and economic mobility. The organization's mission is to equip and empower these individuals, aiming to strengthen their lives and contribute to the betterment of their communities. CYEP is committed to 'Leveling the Field for the Underserved!' This commitment is reflected in their programs and initiatives, which are designed to provide the necessary tools and resources for individuals to improve their circumstances and make a positive impact on their communities.
One of CYEP's key initiatives is the Fathers in Tech program. Funded by the US Department of Health and Human Services (HHS) and its Fatherhood FIRE grant, this program integrates robust economic stability services, healthy marriage education, and activities that encourage responsible parenting. The program targets fathers who are either within nine months of release from incarceration or intend to return to their communities and families. Through Fathers in Tech, CYEP provides workforce development opportunities, enabling these men to become reliable providers for their families and contribute positively to their communities. By empowering fathers in this way, CYEP is making a significant contribution to breaking the cycle of poverty and promoting equity for underserved individuals.
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Impact
July, 2024
Capital Youth Empowerment Program Inc, through its Fathers in Tech initiative, is making a significant impact on underserved individuals by promoting equity and economic mobility. This program, primarily funded by a grant from the US Department of Health and Human Services, aims to empower fathers who are within nine months of release from incarceration to reintegrate into their communities as responsible parents and providers. By providing workforce development opportunities and skills training, CYEP is helping these men strengthen their lives and families, ultimately making a positive difference in their communities.
This information is meant to be a general summary of Capital Youth Empowerment Program 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.
- Investment Income: $13
- Gross Receipts: $1,970,773
Assets and Liabilities:
- Total Assets: $239,090
- Total Liabilities: $315,368
- Net Assets: -$76,278
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Organization Details
Founding Year
2008
Phone
(202) 321-8704Principal Officer
Isaac King
Main Address
950 N WASHINGTON STREET Ste 350, ALEXANDRIA, VA, 22314
Website
www.cyep.orgNTEE Category
Code: O50 - Youth development
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