Overview
What is Michigan Youth Empowerment Foundation?
Michigan Youth Empowerment Foundation (MYE) is a 501(C3) nonprofit organization situated in Troy, Michigan. With a primary focus on promoting youth creativity, MYE offers various STEAM classes, including Science, Technology, Engineering, Arts, and Mathematics, as well as early career exploration programs. The foundation's mission is to empower students from kindergarten to twelfth grade, preparing them to excel in the evolving technological world. By offering these programs, MYE aims to inspire and equip young individuals to thrive in the future.
Official website here: www.myefound.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
The Michigan Youth Empowerment Foundation has received a rating of 76%, which indicates a solid level of accountability and financial health. The rating is primarily based on the organization's performance in the Accountability & Finance beacon, showcasing strengths in financial transparency and governance. The foundation boasts a fully independent board, with all 10 members contributing to strong oversight and decision-making.
Among its strengths, the foundation has achieved a perfect score in several key areas, including its program expense ratio, which stands at 100%. This suggests that all of its expenses are dedicated to its programs, reflecting a strong commitment to its mission. Additionally, the organization has no reported issues with material diversions of assets, contributing to its overall financial integrity.
However, some limitations are noted, particularly regarding missing policies on conflict of interest, whistleblower protections, and document retention. These gaps may indicate areas for improvement in governance practices. Overall, while the Michigan Youth Empowerment Foundation demonstrates commendable financial responsibility, enhancing its policy framework could further strengthen its accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Michigan Youth Empowerment Foundation legitimate?
Michigan Youth Empowerment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan Youth Empowerment 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: $40,449
For more financial information, click here
Official website here: www.myefound.org
What is the mission statement of Michigan Youth Empowerment Foundation?
The Michigan Youth Empowerment Foundation, as a 501(c)3 nonprofit organization, is dedicated to promoting STEAM (Science, Technology, Engineering, Arts, and Mathematics) programs for students from kindergarten to twelfth grade. The primary aim of the foundation is to empower these young individuals to thrive in the contemporary technological world. To achieve this, the foundation offers various classes such as Youth Technology Innovation: STEAM classes and Early Career Exploration. These educational programs aim to stimulate the creativity of the youth, preparing them for the future.
Official website here: www.myefound.org
Who is the CEO of Michigan Youth Empowerment Foundation?
Grace Cai is the Executive Director of Michigan Youth Empowerment Foundation.
Official website here: www.myefound.org
What is the revenue of Michigan Youth Empowerment Foundation?
Michigan Youth Empowerment Foundation's revenue in 2022 was $44,018.
Official website here: www.myefound.org
Who are the executives of Michigan Youth Empowerment Foundation and what are their salaries?
There 50 volunteers at Michigan Youth Empowerment Foundation.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.myefound.org
Where can I find the form 990 for Michigan Youth Empowerment Foundation?
Michigan Youth Empowerment Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.myefound.org
Learn more at the official website: www.myefound.org
Mission Statement of Michigan Youth Empowerment Foundation
Michigan Youth Empowerment Foundation, a 501(c)3 organization, is dedicated to inspiring and equipping students from grades K-12 with essential skills in Science, Technology, Engineering, Arts, and Mathematics (STEM). The primary objective of this nonprofit is to foster creativity and prepare these young minds to excel in the rapidly evolving technological world. To accomplish this, Michigan Youth Empowerment Foundation designs various educational programs, including Youth Technology Innovation: STEAM classes and Early Career Exploration. These initiatives aim to educate and empower the next generation, enabling them to thrive in our technology-driven society.
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Impact
August, 2024
Michigan Youth Empowerment Foundation's impact can be seen in its dedication to promoting STEAM programs for students K-12. By offering classes in youth technology innovation and early career exploration, the foundation empowers youth to thrive in a new technological world. Through its efforts, MYE fosters creativity and skill development among young individuals, ultimately contributing to their personal and academic growth.
This information is meant to be a general summary of Michigan Youth Empowerment 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.
- Program Service Revenue: $35,997
- Gross Receipts: $44,018
Assets and Liabilities:
- Total Assets: $86,546
- Total Liabilities: $2,782
- Net Assets: $83,764
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM TUITION
Revenue
$33,497
GENERAL DONATIONS
Revenue
$2,500
Organization Details
Founding Year
2016
Principal Officer
Grace Cai
Main Address
1100 E BIG BEAVER RD, TROY, MI, 48083
Website
www.myefound.orgNTEE Category
Code: O30 - Youth development
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