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Carolina Youth Coalition

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 824313926 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Carolina Youth Coalition?

Carolina Youth Coalition is a nonprofit organization based in Charlotte, North Carolina, specifically at 6035 Florence Avenue 200. Their primary focus is the Torch Fellows Program, also known as the College Success Program. This program pairs high-achieving, under-resourced high school students, known as Fellows, with mentors and provides them with a comprehensive set of college-preparatory resources. These resources include personalized college application guidance, ACT preparation, writing coaching, college tours, career exploration, leadership development, and a supportive community of peers. The goal is to prepare each Fellow to identify, gain entry to, and successfully matriculate through a best-fit college with minimal debt. In the 2021-2022 school year, 162 Fellows in grades 9-12 participated in this program, marking a 45% annual increase. The program offers 443 hours of tutoring and 795 hours of mentoring, resulting in an average ACT score growth of 2.6, 100% acceptance into 4-year universities, $13.2 million in scholarships and grants earned, and $3.5 million in scholarships and grants redeemed. The organization operates with 16 employees.


Official website here: www.carolinayouth.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 74%, earning it a Two-Star out of Four Star rating. The rating suggests that while Carolina Youth Coalition demonstrates a solid commitment to accountability and finance, there are areas needing improvement. The organization receives high scores for its governance practices, including a fully independent board and effective conflict of interest and whistleblower policies.

Strengths of the Carolina Youth Coalition include a strong culture of community engagement and exemplary feedback practices, both scoring 100%. The organization excels in collecting and utilizing feedback, which indicates a responsive approach to community needs. Additionally, it has a low liabilities to assets ratio, demonstrating good financial health.

However, the organization faces challenges in gathering feedback from its stakeholders, which could affect its program expense ratio that stands at 62.98%. This indicates that a significant portion of funds is directed towards programs, yet it also highlights a potential area for improvement in community outreach and engagement strategies. Overall, while the Carolina Youth Coalition has commendable governance practices, enhancing feedback collection could further strengthen its effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Carolina Youth Coalition legitimate?

Carolina Youth Coalition is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carolina Youth Coalition 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: $104,167
Professional Fundraising Fees: $0
Other Salaries and Wages: $310,633

For more financial information, click here


Official website here: www.carolinayouth.org

What is the mission statement of Carolina Youth Coalition?

The Carolina Youth Coalition's mission is centered around preparing underprivileged, high-performing students to successfully enter, excel in, and graduate from college. They achieve this through their flagship Torch Fellows Program, which pairs these students, known as Fellows, with mentors and provides them with a comprehensive set of college preparation resources. The program includes personalized college application guidance, ACT preparation, writing coaching, college tours, career exploration, leadership development, and a supportive community of peers. The goal is to prepare each Fellow to identify, gain entry to, and successfully matriculate through a suitable college with minimal debt. During the 2021-2022 school year, 162 Fellows in grades 9-12 participated in the Torch Fellows Program, marking a 45% annual increase. The program provided 443 hours of tutoring, 795 hours of mentoring, and helped Fellows earn scholarships and grants totaling $13.2 million, with $3.5 million of that amount being redeemed. Over 67% of the Fellows attended college debt-free.


Official website here: www.carolinayouth.org

Who is the CEO of Carolina Youth Coalition?

Aaron Randolph is the Chair of Carolina Youth Coalition.


Official website here: www.carolinayouth.org

What is the revenue of Carolina Youth Coalition?

Carolina Youth Coalition's revenue in 2022 was $1,443,560.


Official website here: www.carolinayouth.org

Who are the executives of Carolina Youth Coalition and what are their salaries?

The average compensation at Carolina Youth Coalition during 2022 was $25,925. There are 16 employees and 86 volunteers at Carolina Youth Coalition.


Here are 7 key members and their salaries:


Kathryn Kissam (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Crenshaw (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lashonda Fuselier (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Adamczyk (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dany Nisbet (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Kahn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Randolph (Executive Director)
  • Compensation: $102,384
  • Related: $0
  • Other: $1,783


Official website here: www.carolinayouth.org

Where can I find the form 990 for Carolina Youth Coalition?

Carolina Youth Coalition's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.carolinayouth.org

Learn more at the official website: www.carolinayouth.org

Mission Statement of Carolina Youth Coalition

Carolina Youth Coalition, a nonprofit organization, is committed to preparing under-resourced high-performing students to not only enter but also excel and graduate from college. Their mission is twofold: firstly, they aim to equip these students with the necessary resources and skills to identify, apply, and successfully matriculate into a college that suits their abilities, preferably with minimal debt. Secondly, they strive to ensure that these students can successfully complete their college education.

To accomplish this mission, Carolina Youth Coalition runs the Torch Fellows Program, also known as the College Success Program. This flagship initiative pairs high-performing high school students, referred to as Fellows, with mentors and provides them with a comprehensive set of college-preparatory resources. This high-touch out-of-school time program includes personalized college application guidance, ACT preparation, writing coaching, college tours, career exploration, leadership development, and a supportive community of like-minded peers. The goal is to ensure each Fellow is well-prepared to navigate the college application process and succeed in their academic journey.

In the 2021-2022 school year, 162 Fellows in grades 9-12 were enrolled in the Torch Fellows Program, marking a 45% annual increase in participation. The program provided 443 hours of tutoring and 795 hours of mentoring, reflecting a dedicated and personalized approach to each Fellow's needs. The results were impressive, with an average ACT score growth of 2.6, 100% acceptance into 4-year universities, and over $13.2 million in scholarships and grants earned, with $3.5 million in scholarships and grants successfully redeemed. Moreover, 67% of the Fellows were able to attend college debt-free.

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Impact




July, 2024

Carolina Youth Coalition's impact is significant, as it has successfully prepared high-performing, under-resourced students to enter, excel, and graduate from college through its TORCH Fellows Program. With a focus on providing personalized college application guidance, ACT prep, writing coaching, college tours, career exploration, and leadership development, the program has seen impressive results. In the 2021-2022 school year, 162 fellows in grades 9-12 were enrolled, representing a 45% annual increase. The program provided 443 hours of tutoring, 795 hours of mentoring, and saw an average ACT score growth of 2.6 points. Furthermore, all fellows were accepted to four-year universities, earning a total of $13.2 million in scholarships and grants, with $3.5 million already redeemed. Additionally, 67% of the students are attending college debt-free, showcasing the nonprofit's commitment to ensuring their fellows have access to higher education without financial burden.




This information is meant to be a general summary of Carolina Youth Coalition. 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.

Revenue
$1,443,560 (2022)
Expenses
$848,796 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$59,783
  • Gross Receipts: $1,545,339

Assets and Liabilities:

  • Total Assets: $2,465,131
  • Total Liabilities: $0
  • Net Assets: $2,465,131

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Organization Details

Founding Year

2018

Principal Officer

Aaron Randolph

Main Address

6035 FLORENCE AVENUE 200, CHARLOTTE, NC, 28212

NTEE Category

Code: B99 - Education

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