Overview
What is Youth Life Foundation Of Richmond?
The Youth Life Foundation of Richmond is a nonprofit organization based in Richmond, Virginia. Their primary mission is to empower children from underserved communities by investing in their education, character development, and personal growth. They run Learning Centers, staffed by certified teachers, where students receive individualized instruction and mentoring. This one-on-one mentoring, provided by dedicated volunteers, allows each child to form a trusting relationship with a caring adult. The foundation's approach emphasizes setting high expectations for behavioral development, nurturing responsible community members. They are committed to supporting these children from a young age, aiming to see them through to high school graduation, with the hope that they will emerge as future leaders. The foundation employs a team of 25 individuals dedicated to this cause.
Official website here: www.ylfr.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93%, Four-Star out of Four Star rating
The Youth Life Foundation of Richmond has achieved an impressive 93% overall score, earning a Four-Star rating from Charity Navigator. This high rating reflects strong accountability and finance practices, with a score of 92 in this category. The foundation demonstrates a commitment to transparency, boasting a fully independent board and excellent financial management, including a low liabilities to assets ratio and a substantial program expense ratio of over 81%.
Strengths of the organization include its strategic goals focused on improving student performance and adapting to challenges posed by the pandemic. The organization has well-defined financial protocols, such as a conflict of interest policy and published tax forms on its website. However, it is noted that certain policies, like a whistleblower policy and document retention guidelines, are currently missing, which could enhance its governance practices.
Overall, the Youth Life Foundation of Richmond shows a commitment to its mission and effective management of resources. While it excels in many areas, addressing the gaps in policy documentation could further strengthen its accountability framework and enhance stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Youth Life Foundation Of Richmond?
100% of 16 reviewers on Facebook recommend the Youth Life Foundation of Richmond. Here is a summary of their reviews:
The organization is highly praised for its impactful work in the community, emphasizing a positive influence on youth. Many reviewers highlight the foundation's commitment to providing support and guidance, which fosters personal growth and empowerment. Their programs, imbued with values rooted in compassion and faith, resonate well with participants and their families.
The general sentiment showcases a strong appreciation for the foundation's efforts and effectiveness in fulfilling its mission. The love and dedication shown by the organization in shaping the lives of young individuals have left a lasting impression on those involved.
This AI summary has been generated from reviews found on Facebook.
Is Youth Life Foundation Of Richmond legitimate?
Youth Life Foundation Of Richmond is a legitimate nonprofit organization registered as a 501(c)(3) entity. Youth Life Foundation Of Richmond 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: $31,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ylfr.org
What is the mission statement of Youth Life Foundation Of Richmond?
The Youth Life Foundation of Richmond's mission is focused on nurturing leaders from underserved communities. By establishing Learning Centers, they invest in children at risk, providing academic support, shaping their character, raising expectations, and offering committed mentorship. This holistic approach aims to empower these young individuals, enabling them to surpass their circumstances and emerge as future leaders.
Official website here: www.ylfr.org
Who is the CEO of Youth Life Foundation Of Richmond?
Heather Goodlett is the Executive Director of Youth Life Foundation Of Richmond.
Official website here: www.ylfr.org
What is the revenue of Youth Life Foundation Of Richmond?
Youth Life Foundation Of Richmond's revenue in 2022 was $600,438.
Official website here: www.ylfr.org
Who are the executives of Youth Life Foundation Of Richmond and what are their salaries?
The average compensation at Youth Life Foundation Of Richmond during 2022 was $1,256. There are 25 employees and 200 volunteers at Youth Life Foundation Of Richmond.
Here are 12 key members and their salaries:
- Compensation: $31,000
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- Other: $900
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Official website here: www.ylfr.org
Where can I find the form 990 for Youth Life Foundation Of Richmond?
Youth Life Foundation Of Richmond's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ylfr.org
Learn more at the official website: www.ylfr.org
Mission Statement of Youth Life Foundation Of Richmond
The Youth Life Foundation of Richmond, with a mission-driven approach, aims to foster leaders by making substantial investments in children hailing from underserved communities. Operating Learning Centers, this nonprofit organization focuses on nurturing students academically, instilling strong character values from a young age, and setting high expectations. By establishing enduring mentoring relationships, this foundation empowers these youth to surpass their circumstances and emerge as future leaders.
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Impact
July, 2024
The Youth Life Foundation Of Richmond has a significant impact on developing leaders by making long-term investments in children from underserved communities. Through structured academic enrichment, one-on-one mentoring, and a focus on character development, students in Youth Life Learning Centers are provided with the support and resources they need to succeed. The organization's commitment to investing in children from a young age and sticking with them through high school graduation sets it apart and ensures that these youth have the opportunity to rise above their circumstances and become tomorrow's leaders.
This information is meant to be a general summary of Youth Life Foundation Of Richmond. 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: $1,492
- Gross Receipts: $639,217
Assets and Liabilities:
- Total Assets: $338,525
- Total Liabilities: $19,192
- Net Assets: $319,333
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Organization Details
Founding Year
2002
Principal Officer
Heather Goodlett
Main Address
PO Box 15202, Richmond, VA, 23227
Website
www.ylfr.orgNTEE Category
Code: O12 - Youth development
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