Overview
What is Knoxville Food Youth Initiative?
Knoxville Food Youth Initiative is a nonprofit organization situated in Knoxville, Iowa, specifically at BOX 601. Their primary objective is to combat food insecurity among youth and their families, especially during the summer months. They achieve this by offering nutritious meals through curbside pickup in Knoxville, Melcher-Dallas, and Bussey, Iowa. The organization also operates a food pantry out of a local high school, ensuring that both children and their families have access to essential nourishment. During the COVID-19 pandemic, their efforts have been particularly prominent, providing prepared and nutritious foods to those in need. The organization's mission is to assist youth in Marion County, Iowa, who are affected by food insecurity, aiming to prevent hunger and malnutrition. With a dedicated team of 5 employees, Knoxville Food Youth Initiative is committed to making a difference in the lives of local youth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
The Knoxville Food Youth Initiative has received a commendable Three-Star rating from Charity Navigator, with an overall score of 80%. This score reflects a strong emphasis on Accountability & Finance, which is critical for ensuring transparency and responsible management of resources. The organization excelled in several areas, including maintaining a fully independent board and having no material diversion of assets, indicating that funds are effectively utilized for its mission.
The initiative's financial health is notable, with a liabilities to assets ratio of 0.00%, showcasing a strong balance sheet. Furthermore, an impressive program expense ratio of 94.41% suggests that the vast majority of expenditures are directed towards program services rather than administrative costs. This financial prudence enhances the organization's credibility and effectiveness in serving its community.
While the ratings indicate a solid financial foundation and governance structure, further qualitative insights into program impact may be beneficial for potential donors and supporters. Overall, the Knoxville Food Youth Initiative demonstrates commitment to accountability and effective resource allocation, making it a reputable choice for contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Knoxville Food Youth Initiative legitimate?
Knoxville Food Youth Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Knoxville Food Youth Initiative 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:
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Other Salaries and Wages: $32,190
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What is the mission statement of Knoxville Food Youth Initiative?
The Knoxville Food Youth Initiative's mission is centered around assisting youth who face food insecurity. Their primary objective is to prevent hunger and malnutrition among these young individuals by providing them with meals and nutritious food at no cost. During the COVID-19 pandemic, their efforts have been particularly noteworthy, as they have been diligent in distributing prepared and nutritious food items. The organization operates a food pantry out of a local high school, serving not only the youth but also their families. The initiative extends its services to promote programs aimed at addressing food insecurity among the youth in Marion County, Iowa.
Who is the CEO of Knoxville Food Youth Initiative?
Verlin Goodyk is the President of Knoxville Food Youth Initiative.
What is the revenue of Knoxville Food Youth Initiative?
Knoxville Food Youth Initiative's revenue in 2022 was $213,322.
Who are the executives of Knoxville Food Youth Initiative and what are their salaries?
The average compensation at Knoxville Food Youth Initiative during 2022 was $6,438. There are 5 employees and 295 volunteers at Knoxville Food Youth Initiative.
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Where can I find the form 990 for Knoxville Food Youth Initiative?
Knoxville Food Youth Initiative's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Knoxville Food Youth Initiative
The Knoxville Food Youth Initiative, with a mission to assist the youth of a specific county, works tirelessly to prevent food insecurity and malnutrition among its young population. By providing meals and nutritious food at no cost, this organization strives to ensure that no child in need goes hungry. During the summer months and even more so during the COVID-19 pandemic, the initiative has been especially dedicated to supplying prepared and nutritious meals to youth in the area. In addition to this, the Knoxville Food Youth Initiative operates a food pantry out of a local high school, offering sustenance not only to the children but also to their families. The organization's efforts are integral in ensuring that the youth in the community have access to the nourishment they require, enabling them to grow and thrive.
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Impact
October, 2024
Knoxville Food Youth Initiative significantly addresses food insecurity among youth and families in Knoxville, Melcher-Dallas, and Bussey, Iowa. By providing nutritious meals and groceries, the initiative ensures that hungry children have access to adequate nutrition, especially during the summer months when school meal programs are unavailable.
During the COVID pandemic, the organization adapted to the increased demand for food support by supplying prepared and nutritious meals through curbside pickup options. This flexibility not only meets immediate hunger needs but also fosters community resilience by offering reliable food sources for families in distress. Operating a food pantry out of the local high school further strengthens ties within the community, allowing families to access essential resources conveniently.
The initiative’s mission to prevent youth hunger and malnutrition is reflected in its ongoing commitment to serve those in need at no charge, alleviating the burden of food insecurity and promoting overall well-being among youth in Marion County, Iowa. Through these programs, the organization plays a crucial role in creating a healthier, more stable environment for young people and their families.
This information is meant to be a general summary of Knoxville Food Youth Initiative. 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.
- Gross Receipts: $213,322
Assets and Liabilities:
- Total Assets: $203,739
- Total Liabilities: $0
- Net Assets: $203,739
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Organization Details
Founding Year
2017
Phone
(641) 842-5821Principal Officer
Verlin Goodyk
Main Address
BOX 601, KNOXVILLE, IA, 50138
NTEE Category
Code: K30 - Food
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