Overview
What is My Life Matters Inc?
My Life Matters Inc, located at 80 Danwin Lane, Roxboro, North Carolina (NC) 27573, is a nonprofit organization dedicated to offering Christian support and engaging in social activities for the youth residing in Person County, NC. They aim to enhance the lives of these young individuals through various activities and mission-driven initiatives. The organization employs a team of 14 individuals, ensuring they can fulfill their mission effectively.
Official website here: www.yfcrox.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
My Life Matters Inc has achieved a strong Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. The organization scored a perfect 100% for the majority of its board members being independent, which speaks to its governance structure. Additionally, it demonstrated exemplary financial oversight, with no material diversion of assets and a favorable liabilities to assets ratio.
The charity excels in program expense management, with approximately 87.61% of its expenses directed towards its programs. This indicates a strong commitment to its mission and effective use of funds. The financial statements are well audited, and the organization has established clear policies regarding conflicts of interest and document retention, further reinforcing its accountability.
However, the organization does have a noted limitation as it lacks a whistleblower policy, which could be an area for improvement in enhancing transparency and protecting staff and stakeholders. Overall, My Life Matters Inc's strong financial management and accountability practices position it as a reputable nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is My Life Matters Inc legitimate?
My Life Matters Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. My Life Matters 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: $426,819
For more financial information, click here
Official website here: www.yfcrox.org
What is the mission statement of My Life Matters Inc?
My Life Matters Inc is committed to providing Christian support and engaging in social activities for the youth residing in Person County, North Carolina. Their mission encompasses offering various activities and initiatives aimed at uplifting and assisting these young individuals. The organization's primary goal is to offer a faith-based environment that fosters personal growth and development for the youth in their community. They invest in salaries and other necessary expenses to ensure they can effectively serve these young individuals.
Official website here: www.yfcrox.org
Who is the CEO of My Life Matters Inc?
Tim Bowes is the Secretary/Treasurer of My Life Matters Inc.
Official website here: www.yfcrox.org
What is the revenue of My Life Matters Inc?
My Life Matters Inc's revenue in 2022 was $944,467.
Official website here: www.yfcrox.org
Who are the executives of My Life Matters Inc and what are their salaries?
The average compensation at My Life Matters Inc during 2022 was $30,487. There are 14 employees at My Life Matters Inc.
Here are 8 key members and their salaries:
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Official website here: www.yfcrox.org
Where can I find the form 990 for My Life Matters Inc?
My Life Matters Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.yfcrox.org
Learn more at the official website: www.yfcrox.org
Mission Statement of My Life Matters Inc
My Life Matters Inc, a nonprofit organization, is committed to providing Christian support and engaging in social activities for the youth residing in Person County, North Carolina. Their mission encompasses offering various activities and initiatives aimed at uplifting and guiding these young individuals. The organization's efforts extend beyond mere support, as they also involve carrying out missions that cater to the needs of the youth in the community. The financial resources required to execute these activities and missions, including salaries and other necessary expenses, are also part of My Life Matters Inc's responsibilities.
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Impact
July, 2024
My Life Matters Inc positively impacts the youth of Person County, NC by providing Christian support and engaging social activities. Through their mission, they are able to offer guidance, encouragement, and a sense of community to young individuals in need. Their activities and missions foster personal development and spiritual growth among the youth, ultimately making a difference in their lives and the community as a whole.
This information is meant to be a general summary of My Life Matters 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: $6
- Gross Receipts: $944,467
Assets and Liabilities:
- Total Assets: $690,298
- Total Liabilities: $19,341
- Net Assets: $670,957
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Organization Details
Founding Year
2016
Phone
(336) 503-9327Principal Officer
Tim Bowes
Main Address
80 Danwin Lane, Roxboro, NC, 27573
Website
www.yfcrox.orgNTEE Category
Code: Z99 - Unknown
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