Overview
What is Mayors Youth Scholarship Program Inc?
Mayors Youth Scholarship Program Inc is a nonprofit organization situated in Atlanta, Georgia, specifically at 55 Trinity Ave SW STE 2400. Their primary mission is to empower local youth by aiding them in their journey towards higher education after high school. The organization works diligently to secure necessary resources to accomplish this objective, aiming to make post-secondary education more accessible to Atlanta's young population.
Official website here: www.myspatl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 24%
The Mayors Youth Scholarship Program Inc has received a poor rating of 24%, which indicates significant concerns regarding its financial accountability and transparency. The Zero-Star out of Four Star rating reflects a lack of independent board members and missing financial statements, which raises questions about the organization's governance and oversight.
Strengths of the organization include having a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which are listed appropriately. However, the absence of independent board members and essential financial documentation, such as tax forms and meeting minutes, severely limits the organization's credibility and accountability.
Furthermore, the program expense ratio indicates that only 31.90% of the resources are directed towards its programs, suggesting that a substantial portion of funds may not be utilized effectively for its intended purpose. Overall, the Mayors Youth Scholarship Program Inc faces significant challenges that potential donors and stakeholders should consider carefully.
This AI summary has been generated from information found on Charity Navigator.
Is Mayors Youth Scholarship Program Inc legitimate?
Mayors Youth Scholarship Program Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mayors Youth Scholarship Program 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: $0
For more financial information, click here
Official website here: www.myspatl.org
What is the mission statement of Mayors Youth Scholarship Program Inc?
The Mayors Youth Scholarship Program Inc is committed to supporting Atlanta's youth in their journey towards post-secondary education. The organization strives to secure necessary resources to facilitate this pursuit. Its primary mission is to empower these young individuals, enabling them to continue their education beyond high school. The program aims to provide the necessary aid, whether it be financial or informational, to ensure a smoother transition into higher education for the city's youth.
Official website here: www.myspatl.org
Who is the CEO of Mayors Youth Scholarship Program Inc?
Tina Wilson is the Ceo of Mayors Youth Scholarship Program Inc. The CEO's salary of Mayors Youth Scholarship Program Inc is $0 and their total compensation is $0.
Official website here: www.myspatl.org
What is the revenue of Mayors Youth Scholarship Program Inc?
Mayors Youth Scholarship Program Inc's revenue in 2022 was $1,418,315.
Official website here: www.myspatl.org
Who are the executives of Mayors Youth Scholarship Program Inc and what are their salaries?
Here are 4 key members and their salaries (Mayors Youth Scholarship Program Inc's CEO's salary is $0 and their total compensation is $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.myspatl.org
Where can I find the form 990 for Mayors Youth Scholarship Program Inc?
Mayors Youth Scholarship Program Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.myspatl.org
Learn more at the official website: www.myspatl.org
Mission Statement of Mayors Youth Scholarship Program Inc
Mayors Youth Scholarship Program Inc is an organization dedicated to supporting Atlanta's youth in their pursuit of higher education. Its mission is to procure necessary resources for these young individuals, enabling them to further their studies beyond secondary education. The organization's primary goal is to foster the academic growth and success of Atlanta's youth.
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Impact
July, 2024
The Mayor's Youth Scholarship Program Inc's impact can be seen in the support it provides to Atlanta youth in their pursuit of post-secondary education. Through securing resources and offering scholarships, the organization plays a crucial role in helping young people achieve their academic goals. By focusing on education, MYSP Inc empowers students to access higher education opportunities and pursue pathways to success. This support not only benefits the individual recipients but also contributes to the overall educational and economic development of the Atlanta community.
This information is meant to be a general summary of Mayors Youth Scholarship Program 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: $419
- Gross Receipts: $1,418,315
Assets and Liabilities:
- Total Assets: $370,185
- Total Liabilities: $0
- Net Assets: $370,185
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Organization Details
Founding Year
2017
Phone
(404) 330-6453Principal Officer
Tina Wilson
Main Address
55 TRINITY AVE SW STE 2400, ATLANTA, GA, 30303
Website
www.myspatl.orgNTEE Category
Code: B82 - Education
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