Overview
What is Cavaliers Youth Foundation?
The Cavaliers Youth Foundation is a charitable organization based in Cleveland, Ohio, with an address at ONE CENTER CT, 44115. Their mission is to positively impact the community by supporting programs in various sectors, including education, health, recreation, employment, entrepreneurship, and life skills. A significant part of their efforts is carried out through the Monsters Community Foundation, which focuses on education, youth hockey, health and wellness, and addressing basic needs in Northeast Ohio. The foundation's activities aim to uplift children, families, and young adults by providing resources and opportunities for personal growth and development.
Official website here: www.nba.com/cavaliers/community/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
The Cavaliers Youth Foundation has achieved an 88% score, signifying a strong performance in accountability and finance. This rating reflects a solid foundation, notably with a fully independent board, which enhances governance and oversight within the organization. The foundation has successfully maintained a high program expense ratio of 96.15%, indicating that a significant portion of its resources is directed toward its mission rather than administrative costs.
Additionally, the foundation demonstrates robust financial practices, with no material diversion of assets reported and comprehensive financial oversight in place. It also displays transparency by listing its tax form on its website and maintaining accurate board meeting minutes. However, it is important to note that the organization lacks a whistleblower policy, which could be a potential area for improvement regarding internal governance practices.
Overall, the Cavaliers Youth Foundation appears to be a well-managed nonprofit, with a strong emphasis on accountability and effective use of funds. While there are minor gaps in its governance policies, its commitment to transparency and financial responsibility positions it positively within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Cavaliers Youth Foundation legitimate?
Cavaliers Youth Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cavaliers 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.nba.com/cavaliers/community/foundation
What is the mission statement of Cavaliers Youth Foundation?
The Cavaliers Youth Foundation's mission is to support programs that positively impact the community in various areas, including education, health, recreation, employment, entrepreneurship, and life skills. Their objective is to contribute to the betterment of children, families, and young adults through these initiatives. The foundation, which includes the Monsters Community Foundation, focuses on specific programs in Northeast Ohio, primarily in the areas of education, youth hockey, health and wellness, and basic needs.
Official website here: www.nba.com/cavaliers/community/foundation
Who is the CEO of Cavaliers Youth Foundation?
Nic Barlage is the President of Cavaliers Youth Foundation.
Official website here: www.nba.com/cavaliers/community/foundation
What is the revenue of Cavaliers Youth Foundation?
Cavaliers Youth Foundation's revenue in 2022 was $712,041.
Official website here: www.nba.com/cavaliers/community/foundation
Who are the executives of Cavaliers Youth Foundation and what are their salaries?
There 450 volunteers at Cavaliers Youth Foundation.
Here are 8 key members and their salaries:
- 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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nba.com/cavaliers/community/foundation
Where can I find the form 990 for Cavaliers Youth Foundation?
Cavaliers Youth Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nba.com/cavaliers/community/foundation
Learn more at the official website: www.nba.com/cavaliers/community/foundation
Mission Statement of Cavaliers Youth Foundation
The Cavaliers Youth Foundation is dedicated to supporting programs aimed at positively impacting children, families, and young adults in various sectors. Specifically, they focus on education, health, recreation, employment, entrepreneurship, and life skills. Their mission is to enhance the community by providing resources and opportunities in these areas, ultimately aiming to contribute to the overall betterment of society's younger generations.
The organization's scope of support extends beyond just children, also including families and young adults. By investing in these areas, they aim to foster a holistic development of individuals, ensuring they have the necessary tools to succeed in life. In essence, the Cavaliers Youth Foundation serves as a catalyst for positive change, empowering the next generation to thrive in various aspects of their lives.
It's worth noting that a portion of the Cavaliers Youth Foundation is the Monsters Community Foundation, which has a particular focus on education, youth hockey, health & wellness, and basic needs in Northeast Ohio. This further underscores the foundation's commitment to comprehensive community development, addressing the needs of its local population in a well-rounded manner.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Cavaliers Youth Foundation has a significant impact on the community in the areas of education, health, recreation, employment, entrepreneurship, and life skills for children, families, and young adults. Through their support of various programs, they positively influence the lives of individuals and contribute to the overall well-being of the community. Their focus on youth development helps create a better future for the next generation by providing opportunities for growth and success.
This information is meant to be a general summary of Cavaliers 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 2022.
- Gross Receipts: $1,477,764
Assets and Liabilities:
- Total Assets: $948,245
- Total Liabilities: $152,539
- Net Assets: $795,706
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2016
Phone
(216) 420-2000Principal Officer
Nic Barlage
Main Address
ONE CENTER CT, CLEVELAND, OH, 44115
NTEE Category
Code: O12 - Youth development
If you are a representative of Cavaliers Youth Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.