Overview
What is City Youth Matrix?
City Youth Matrix is a nonprofit organization situated in New Market, Maryland. Their primary mission is to assist families with limited resources in navigating and registering for various extracurricular activities for their children. They help in overcoming financial barriers by providing assistance with activity fees and transportation. City Youth Matrix envisions a world where all families have access to information about youth programs and resources, enabling their children to maximize their potential in life through enriching experiences. The organization operates with a small team of dedicated individuals.
Official website here: www.cityyouthmatrix.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%)
City Youth Matrix has received a two-star rating from Charity Navigator, indicating a need for improvement despite achieving a perfect score in accountability and finance. The organization shows strengths in board independence and governance, with all board members being independent and a solid management of assets. However, the organization lacks essential policies, particularly regarding conflict of interest and whistleblower protections, which significantly impacted its overall rating.
While the financial metrics are generally positive—with a healthy liabilities to assets ratio and a reasonable program expense ratio—deficiencies in board governance documents and public availability of certain records may raise concerns for potential donors. The absence of a documented conflict of interest policy and whistleblower policy is particularly notable, as these are critical for maintaining transparency and accountability within nonprofits.
Overall, while City Youth Matrix demonstrates strong financial management and governance in some areas, the lack of critical policies and public transparency measures highlight areas for growth. Prospective supporters may want to consider these factors when evaluating the organization's reliability and ethical standards.
This AI summary has been generated from information found on Charity Navigator.
Is City Youth Matrix legitimate?
City Youth Matrix is a legitimate nonprofit organization registered as a 501(c)(3) entity. City Youth Matrix 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: $18,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.cityyouthmatrix.com
What is the mission statement of City Youth Matrix?
City Youth Matrix's mission is to assist families with limited resources in gaining access to a wide range of extracurricular activities. These activities are designed to provide enriching experiences for children, ultimately helping them realize their full potential in life. City Youth Matrix envisions a world where all families have the necessary knowledge and resources to access such youth programs, ensuring an equal opportunity for growth and development.
Official website here: www.cityyouthmatrix.com
Who is the CEO of City Youth Matrix?
Aaron Vetter is the Director of City Youth Matrix.
Official website here: www.cityyouthmatrix.com
What is the revenue of City Youth Matrix?
City Youth Matrix's revenue in 2022 was $171,461.
Official website here: www.cityyouthmatrix.com
Who are the executives of City Youth Matrix and what are their salaries?
The average compensation at City Youth Matrix during 2022 was $18,000. There is 1 employee and 137 volunteers at City Youth Matrix.
Here are 8 key members and their salaries:
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- Compensation: $18,000
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Official website here: www.cityyouthmatrix.com
Where can I find the form 990 for City Youth Matrix?
City Youth Matrix's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cityyouthmatrix.com
Learn more at the official website: www.cityyouthmatrix.com
Mission Statement of City Youth Matrix
City Youth Matrix, a nonprofit organization, strives to assist families with limited resources by providing access to a wide range of enrichment activities for their children. Their mission is to envision a world where all families have the knowledge and resources necessary to engage their children in various youth programs, thereby enabling them to reach their full potential in life. City Youth Matrix believes that every child deserves the opportunity to grow and learn through extracurricular activities, and they work tirelessly to make this a reality for families who may otherwise be unable to afford such experiences. By providing families with the necessary information and resources, City Youth Matrix empowers them to help their children unlock their full potential and lead fulfilling lives.
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Impact
October, 2024
City Youth Matrix significantly impacts families with limited resources by facilitating access to a wide range of extracurricular activities for children. By guiding families through the selection and registration processes, it demystifies the often complicated landscape of youth programs, ensuring that no child is left behind due to financial or informational barriers.
With support in areas such as activity fees and transportation, City Youth Matrix empowers families to explore diverse enrichment experiences that cultivate personal growth, social skills, and academic success. This transformative approach not only enables children to reach their full potential but also fosters a sense of community and belonging among participants. Ultimately, City Youth Matrix helps bridge the gap for families, paving the way for brighter futures through enhanced access to valuable resources.
This information is meant to be a general summary of City Youth Matrix. 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: $5,559
- Gross Receipts: $171,461
Assets and Liabilities:
- Total Assets: $41,256
- Total Liabilities: $841
- Net Assets: $40,415
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$5,559
Organization Details
Founding Year
2018
Phone
(301) 606-6927Principal Officer
Aaron Vetter
Main Address
5710 KENT DRIVE, NEW MARKET, MD, 21774
Website
www.cityyouthmatrix.comNTEE Category
Code: B99 - Education
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