Overview
What is Teen Warehouse Inc?
Teen Warehouse Inc, based in Wilmington, Delaware, is a vibrant nonprofit organization dedicated to empowering local youth. Their mission is to facilitate the growth of young adults into confident, courageous, and contributing members of society. The organization offers a dynamic space where teens can engage in various activities, including recreation, education, arts, and career development. Recreationally, they provide opportunities for dancing, basketball, yoga, and teen nights. Educational support includes tutoring, counseling, mentoring, and job skills training. In the realm of arts, Teen Warehouse encourages creativity through visual, performing, and electronic arts. Career-wise, they offer resume writing, interviewing skills, and hands-on job training. To ensure the overall well-being of their youth, Teen Warehouse collaborates with partners to provide a comprehensive range of physical, behavioral, and mental health services. With a team of 29 dedicated individuals, Teen Warehouse strives to prepare Wilmington's youth for their future steps in life.
Official website here: www.teenwarehouse.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88% (Three-Star out of Four Star rating)
Teen Warehouse Inc has earned an impressive rating of 88%, indicating a strong performance in both accountability and finance. The organization demonstrates a solid structure with a fully independent board and no material diversion of assets. However, it's worth noting that there are several areas in governance, such as the absence of a conflict of interest policy and whistleblower policy, where improvements could be beneficial.
The organization excels in its program expense ratio and fundraising efficiency, reflecting an effective allocation of resources towards its mission. Additionally, it shows a commendable working capital ratio, suggesting financial stability. The accountability score of 83% underscores its commitment to responsible financial practices, although the missing policies indicate a need for enhanced governance measures.
On the cultural and community front, Teen Warehouse Inc received a perfect score, showcasing its strong engagement with stakeholders and effective utilization of feedback. The focus on equity strategies and challenges faced demonstrates the organization's dedication to continuous improvement and responsiveness to the needs of the community it serves. Overall, while the financial metrics are strong, focusing on governance could further strengthen the organization's impact.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Teen Warehouse Inc?
100% of the 8 reviewers on Facebook recommend Teen Warehouse Inc. Here's a summary of their reviews:
The sentiment towards Teen Warehouse Inc is overwhelmingly positive, with one user highlighting the organization's excellence and commending an individual named Logan for their outstanding work. The simple yet enthusiastic praise captures the supportive community surrounding the nonprofit and its impact.
Overall, it seems patrons appreciate the services provided, reflecting a strong commitment to supporting teens.
This AI summary has been generated from reviews found on Facebook.
Is Teen Warehouse Inc legitimate?
Teen Warehouse Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Teen Warehouse 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: $168,110
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,062,108
For more financial information, click here
Official website here: www.teenwarehouse.org
What is the mission statement of Teen Warehouse Inc?
Teen Warehouse Inc's mission is to create an engaging environment where teens can develop the necessary tools and gain opportunities to emerge as confident, courageous, and contributing young adults. Situated within a dynamic space, this organization aims to collaborate with local youth-serving organizations to provide high-quality, relevant academic, employment, and life experiences. The goal is to equip these young individuals with the skills needed to successfully transition into their future endeavors.
Official website here: www.teenwarehouse.org
Who is the CEO of Teen Warehouse Inc?
Laura Mood is the Co - Chair of Teen Warehouse Inc. The CEO's salary of Teen Warehouse Inc is $58,018 and their total compensation is $58,018.
Official website here: www.teenwarehouse.org
What is the revenue of Teen Warehouse Inc?
Teen Warehouse Inc's revenue in 2022 was $2,313,577.
Official website here: www.teenwarehouse.org
Who are the executives of Teen Warehouse Inc and what are their salaries?
The average compensation at Teen Warehouse Inc during 2022 was $42,421. There are 29 employees and 250 volunteers at Teen Warehouse Inc.
Here are 18 key members and their salaries (Teen Warehouse Inc's CEO's salary is $58,018 and their total compensation is $58,018):
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Official website here: www.teenwarehouse.org
Where can I find the form 990 for Teen Warehouse Inc?
Teen Warehouse Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.teenwarehouse.org
Learn more at the official website: www.teenwarehouse.org
Mission Statement of Teen Warehouse Inc
Teen Warehouse Inc, a dynamic organization, is committed to empowering Wilmington's youth to become responsible and contributing young adults. This nonprofit has established a new space, specifically designed for teenagers, aimed at providing them with the necessary tools and opportunities. The mission of Teen Warehouse Inc is to foster confidence, courage, and a sense of responsibility in the city's youth, encouraging them to make a positive impact on the world. In partnership with local youth-serving organizations, Teen Warehouse Inc offers high-quality and relevant academic, employment, and life experiences. These experiences are tailored to prepare the teenagers for their future endeavors, equipping them with the skills they need to succeed.
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Impact
July, 2024
Teen Warehouse Inc's impact can be seen in the positive development of the youth in Wilmington. Through providing a dynamic space for recreational activities, education, arts, career preparation, and health services, Teen Warehouse Inc equips teenagers with the necessary tools and opportunities to become confident, courageous, and contributing young adults. By focusing on youth development and working in partnership with local organizations, Teen Warehouse Inc plays a crucial role in preparing teens for their future endeavors and helping them thrive in various aspects of their lives.
This information is meant to be a general summary of Teen Warehouse 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: $339
- Program Service Revenue: $386,152
- Gross Receipts: $2,313,577
Assets and Liabilities:
- Total Assets: $9,333,835
- Total Liabilities: $922,784
- Net Assets: $8,411,051
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM
Revenue
$386,152
Organization Details
Founding Year
2017
Phone
(302) 764-9022Principal Officer
Laura Mood
Main Address
1121 THATCHER STREET, WILMINGTON, DE, 19802
Website
www.teenwarehouse.orgNTEE Category
Code: O50 - Youth development
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