Overview
What is Kalamazoo Youth Development Network?
Kalamazoo Youth Development Network is a nonprofit organization located in Kalamazoo, Michigan. With a team of eight dedicated individuals, their mission is to provide high-quality, diverse, inclusive, and equitable out-of-school time programs for youth in the county. This network has expanded to include sixty organizations, leading to improved outcomes for young individuals in this sector. By doing so, they aim to prepare these youth for college or career readiness by early adulthood. Their activities are centered around ensuring equal access to these programs, empowering the youth to drive their own development.
Official website here: www.kydnet.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 86%, Three-Star out of Four Star rating.
The Kalamazoo Youth Development Network has achieved a solid Three-Star rating, primarily due to its strong performance in Accountability & Finance, where it scored 90%. The organization demonstrates a commitment to transparency and responsible financial management, evidenced by its independent board made up solely of independent members and a notably low ratio of liabilities to assets. Noteworthy is the high program expense ratio, which indicates that the majority of its funds are directed towards its programs rather than administrative costs.
In addition to financial health, the organization also excels in Culture & Community with a score of 95%. This reflects its strong equity strategies and community engagement practices, suggesting that it effectively fosters a positive culture and works towards inclusivity. The board's practices include openly documented meeting minutes and thorough distribution of tax forms, further enhancing its accountability.
However, while the ratings are strong, the overall rating of 86% suggests there is room for improvement in certain operational areas. Potential supporters may want to look deeper into specific programs and impacts to fully understand the organization's effectiveness beyond the financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Kalamazoo Youth Development Network legitimate?
Kalamazoo Youth Development Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kalamazoo Youth Development Network 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: $420,799
For more financial information, click here
Official website here: www.kydnet.org
What is the mission statement of Kalamazoo Youth Development Network?
The Kalamazoo Youth Development Network's mission is focused on ensuring that all youth in the out-of-school time sector have access to high-quality, diverse, inclusive, and equitable programs. These programs aim to prepare the youth for college or career readiness by early adulthood. The network strives to achieve this by collaborating with over sixty organizations, thereby improving the quality of these programs and ultimately leading to improved outcomes for the youth involved.
Official website here: www.kydnet.org
Who is the CEO of Kalamazoo Youth Development Network?
Lisa Jenkins-Meredith is the Co-Chair of Kalamazoo Youth Development Network.
Official website here: www.kydnet.org
What is the revenue of Kalamazoo Youth Development Network?
Kalamazoo Youth Development Network's revenue in 2022 was $2,212,224.
Official website here: www.kydnet.org
Who are the executives of Kalamazoo Youth Development Network and what are their salaries?
The average compensation at Kalamazoo Youth Development Network during 2022 was $52,600. There are 8 employees at Kalamazoo Youth Development Network.
Here are 9 key members and their salaries:
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Official website here: www.kydnet.org
Where can I find the form 990 for Kalamazoo Youth Development Network?
Kalamazoo Youth Development Network's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kydnet.org
Learn more at the official website: www.kydnet.org
Mission Statement of Kalamazoo Youth Development Network
The Kalamazoo Youth Development Network is committed to ensuring that all youth in Kalamazoo County have access to top-notch, self-driven, diverse, inclusive, and equitable out-of-school time programs. These programs are designed to prepare these young individuals for a successful transition into college or the workforce by early adulthood. The organization's mission is to expand the range of high-quality out-of-school time opportunities, making them more accessible and ensuring they cater to the diverse needs of the youth in the county. By achieving this mission, the Kalamazoo Youth Development Network aims to improve outcomes for young people in the out-of-school time sector. The network's efforts have led to an expansion of collaborations with sixty organizations, ultimately resulting in enhanced program quality.
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Impact
July, 2024
Kalamazoo Youth Development Network has significantly improved access to high-quality, diverse, and inclusive out-of-school time programs for youth in Kalamazoo County. By expanding its network to sixty organizations and enhancing program quality, the network has effectively prepared youth to be college or career-ready by early adulthood. This has resulted in improved outcomes for young individuals in the out-of-school time sector, ultimately contributing to their overall development and success.
This information is meant to be a general summary of Kalamazoo Youth Development Network. 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: $194
- Program Service Revenue: $4,000
- Gross Receipts: $2,212,224
Assets and Liabilities:
- Total Assets: $769,693
- Total Liabilities: $27,968
- Net Assets: $741,725
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$4,000
Organization Details
Founding Year
2018
Phone
(269) 929-1982Principal Officer
Lisa Jenkins-Meredith
Main Address
PO BOX 51221, KALAMAZOO, MI, 49005
Website
www.kydnet.orgNTEE Category
Code: O02 - Youth development
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