Overview
What is The Black Male Yoga Initiative Inc?
The Black Male Yoga Initiative Inc, located in Westminster, Maryland, is a dedicated nonprofit organization. Their primary focus is to support and empower black males and urban communities of color, promoting holistic connections. Through community and family development initiatives, they engage in mental health awareness dialogues and leader development programs. By fostering these connections, they aim to contribute positively to the well-being of the communities they serve.
Official website here: www.bmyi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 46%, Zero-Star out of Four Star rating
The Black Male Yoga Initiative Inc has received a low rating of 46%, indicating significant concerns regarding its accountability and financial management. Notably, the organization lacks independent board members, which raises questions about governance. While it has a solid score for the absence of material diversion of assets and good management of liabilities, critical policies such as conflict of interest, whistleblower, and document retention are missing, which negatively impacts its accountability score.
On a positive note, the organization excels in community engagement and constituent feedback, earning a perfect score of 100 in these areas. This suggests that the initiative effectively connects with its community and uses feedback to inform its practices. Additionally, it has a strong score in equity strategies, indicating a commitment to inclusiveness and social justice.
However, the program expense ratio stands at only 55.14%, which might suggest that less than optimal resources are being directed towards its programs. This, combined with the absence of important governance policies, indicates that while the organization has strengths in community engagement, significant improvements are needed in its financial accountability and governance structure.
This AI summary has been generated from information found on Charity Navigator.
Is The Black Male Yoga Initiative Inc legitimate?
The Black Male Yoga Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Black Male Yoga 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: $86,763
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.bmyi.org
What is the mission statement of The Black Male Yoga Initiative Inc?
The Black Male Yoga Initiative Inc's mission is centered around supporting and aiding black males and urban communities of color. Their objective is to facilitate holistic connections within these communities. This is achieved through various activities, including Community and Family Development workshops, Mental Health Awareness sessions, and Leader Development programs. The initiative also emphasizes dialogue circles and health awareness education, aiming to empower these communities and individuals.
Official website here: www.bmyi.org
Who is the CEO of The Black Male Yoga Initiative Inc?
Devonna Bell is the Director, Chief Yoga Officer of The Black Male Yoga Initiative Inc.
Official website here: www.bmyi.org
What is the revenue of The Black Male Yoga Initiative Inc?
The Black Male Yoga Initiative Inc's revenue in 2022 was $106,740.
Official website here: www.bmyi.org
Who are the executives of The Black Male Yoga Initiative Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $81,763
- Related: $0
- Other: $0
- Compensation: $5,000
- 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.bmyi.org
Where can I find the form 990 for The Black Male Yoga Initiative Inc?
The Black Male Yoga Initiative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bmyi.org
Learn more at the official website: www.bmyi.org
Mission Statement of The Black Male Yoga Initiative Inc
The Black Male Yoga Initiative Inc is committed to supporting and assisting black males and urban communities of color in making holistic connections. Their mission is to foster this connection on multiple levels, focusing specifically on community and family development, as well as mental health awareness. They achieve this through the facilitation of dialogue circles and leader development initiatives, aiming to enhance health awareness within these communities.
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Impact
October, 2024
The Black Male Yoga Initiative Inc significantly impacts black males and urban communities of color by fostering holistic connections through wellness and mental health awareness. By facilitating dialogue circles and providing leader development programs, the initiative cultivates a supportive environment that promotes community and family development. Its focus on mental health awareness empowers individuals to prioritize their emotional well-being, leading to healthier lifestyles and stronger community ties. Through these efforts, the initiative not only addresses the unique challenges faced by black males but also contributes to a broader culture of support and resilience in underserved communities.
This information is meant to be a general summary of The Black Male Yoga 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $106,740
- Gross Receipts: $106,740
Assets and Liabilities:
- Total Assets: $7,293
- Total Liabilities: $0
- Net Assets: $7,293
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Holistic Health Practioner
Revenue
$106,740
Organization Details
Founding Year
2015
Phone
(443) 597-7217Principal Officer
Devonna Bell
Main Address
1712 Bachman Valley Drive, Westminster, MD, 21157
Website
www.bmyi.orgNTEE Category
Code: P99 - Human services
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