Overview
What is Youth Design Center Inc?
Youth Design Center Inc, located in Brooklyn, New York at 112 New Lots Ave, is a nonprofit organization with a mission to bridge the racial wealth gap. They achieve this by educating and training the upcoming generation to excel in STEAM fields. With a workforce of nine dedicated individuals, the center's goal is to nurture the next generation of professionals in these sectors, thereby contributing to a more equitable society.
Official website here: www.youthdesigncenter.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99%, Four-Star out of Four Star rating
Youth Design Center Inc has achieved a remarkable 99% rating from Charity Navigator, which signifies a high level of trust and performance. The rating is primarily influenced by its outstanding Accountability & Finance score of 100%, reflecting a strong governance structure, including a majority of independent board members and comprehensive policies regarding conflict of interest and whistleblowing. The organization also demonstrates financial transparency, with no material diversion of assets and robust financial statements.
Another notable strength is its Culture & Community score of 95%, which highlights the center's exceptional engagement with constituents. The organization not only collects feedback effectively but also incorporates that feedback into its practices, leading to a perfect score in constituent feedback collection and usage. This commitment to community input is reinforced by their significant investment in leadership development, providing staff members with opportunities for professional growth.
However, the organization received a lower score of 10% in Leadership & Adaptability, which may indicate some areas for development in leadership effectiveness or organizational adaptability to changing conditions. Nonetheless, their investment in leadership training and a stated adaptability strategy suggests a proactive approach to addressing these challenges moving forward. Overall, Youth Design Center Inc demonstrates a solid foundation with strong financial health and community engagement, coupled with opportunities for improvement in leadership dynamics.
This AI summary has been generated from information found on Charity Navigator.
Is Youth Design Center Inc legitimate?
Youth Design Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Youth Design Center 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: $0
Other Salaries and Wages: $640,669
For more financial information, click here
Official website here: www.youthdesigncenter.org/
What is the mission statement of Youth Design Center Inc?
The Youth Design Center Inc's mission is geared towards addressing the racial wealth gap. They achieve this by focusing on education and training, specifically in the fields of Science, Technology, Engineering, Arts, and Mathematics (STEM). Their goal is to prepare the next generation of professionals in these fields, thereby contributing to the closure of the racial wealth gap. Their activities are centered around this mission, aiming to equip a diverse group of individuals with the necessary skills to foster economic growth and equality.
Official website here: www.youthdesigncenter.org/
Who is the CEO of Youth Design Center Inc?
Rasmia Kirmani is the Chair of Youth Design Center Inc.
Official website here: www.youthdesigncenter.org/
What is the revenue of Youth Design Center Inc?
Youth Design Center Inc's revenue in 2022 was $642,924.
Official website here: www.youthdesigncenter.org/
Who are the executives of Youth Design Center Inc and what are their salaries?
The average compensation at Youth Design Center Inc during 2022 was $71,185. There are 9 employees at Youth Design Center Inc.
Here are 11 key members and their salaries:
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Official website here: www.youthdesigncenter.org/
Where can I find the form 990 for Youth Design Center Inc?
Youth Design Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.youthdesigncenter.org/
Learn more at the official website: www.youthdesigncenter.org/
Mission Statement of Youth Design Center Inc
Youth Design Center Inc, a nonprofit organization, is committed to addressing the racial wealth gap by nurturing the next generation of professionals in the fields of Science, Technology, Engineering, Arts, and Mathematics (STEAM). Their mission is to equip this future workforce, ensuring that diversity and equality are integral parts of these industries. By providing comprehensive training, Youth Design Center Inc aims to bridge the racial wealth divide, ultimately creating a more equitable society.
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Impact
July, 2024
Youth Design Center Inc is making a significant impact by working to close the racial wealth gap through the training of the next generation of STEAM professionals. This initiative not only provides valuable skills to young individuals but also contributes to expanding opportunities for employment in STEAM fields. Through their work, Youth Design Center Inc is helping to address systemic inequalities and create a more diverse and inclusive workforce for the future.
This information is meant to be a general summary of Youth Design Center 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: $2,608
- Program Service Revenue: $192,767
- Gross Receipts: $642,924
Assets and Liabilities:
- Total Assets: $1,602,761
- Total Liabilities: $711,067
- Net Assets: $891,694
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Services
Revenue
$192,767
Organization Details
Founding Year
2015
Principal Officer
Rasmia Kirmani
Main Address
112 New Lots Ave, Brooklyn, NY, 11212
Website
www.youthdesigncenter.org/NTEE Category
Code: J22 - Employment
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