Overview
What is Cornerstone Youth Home?
Cornerstone Youth Home is a nonprofit organization located in York, Pennsylvania, specifically at 484-486 WEST MARKET ST. Their primary mission is to provide a safe and stable environment for at-risk and homeless youth, with the ultimate goal of enhancing their potential for lifelong educational success. By offering food and housing, they aim to disrupt the cycle of homelessness and transience, thereby contributing positively to the youth's well-being. The organization's approach is restorative, focusing on long-term growth and development.
Official website here: www.cyhyork.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating
Cornerstone Youth Home has received a respectable Three-Star rating from Charity Navigator, primarily based on its strong performance in accountability and finance, which comprises 100% of its overall score. The organization demonstrates a solid commitment to financial practices, with no material diversion of assets reported and a commendable liabilities to assets ratio of 0.00%. These factors contribute positively to the charity’s credibility and governance.
The review highlights several strengths, including a fully independent board consisting of 10 members, which has earned the maximum points in that category. Furthermore, Cornerstone Youth Home has established comprehensive policies on conflict of interest, whistleblowing, and document retention, all of which reflect strong ethical practices and transparency in its operations.
However, there is room for improvement, particularly noted in the program expense ratio, which stands at 56.01%. This suggests that a significant portion of resources may not be directed towards programmatic activities, indicating a potential area of concern for donors seeking to maximize the impact of their contributions. Overall, while Cornerstone Youth Home shows strong accountability practices, enhancing its funding allocation towards direct programs could further elevate its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Cornerstone Youth Home legitimate?
Cornerstone Youth Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Youth Home 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.
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Official website here: www.cyhyork.org
What is the mission statement of Cornerstone Youth Home?
The Cornerstone Youth Home is committed to enhancing a student's potential for lifelong educational success by interrupting the cycle of homelessness and transience. They achieve this objective in a secure, stable, and restorative practice home environment. The primary focus of the home is to provide a safe and supportive living space for at-risk and homeless youth, ensuring their stability. This environment fosters the necessary conditions for these young individuals to break free from the cycle of instability and focus on their education.
Official website here: www.cyhyork.org
Who is the CEO of Cornerstone Youth Home?
Nakesha Muldrow is the President of Cornerstone Youth Home.
Official website here: www.cyhyork.org
What is the revenue of Cornerstone Youth Home?
Cornerstone Youth Home's revenue in 2022 was $106,891.
Official website here: www.cyhyork.org
Who are the executives of Cornerstone Youth Home and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.cyhyork.org
Where can I find the form 990 for Cornerstone Youth Home?
Cornerstone Youth Home's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cyhyork.org
Learn more at the official website: www.cyhyork.org
Mission Statement of Cornerstone Youth Home
Cornerstone Youth Home, a nonprofit organization, is committed to increasing the potential for lifelong educational success among at-risk and homeless youth. They achieve this goal by disrupting the cycle of homelessness and transience in a safe, stable, and restorative practice home environment. The mission of Cornerstone Youth Home is to provide a nurturing and secure space where these young individuals can regain stability in their lives, enabling them to focus on their education and future prospects. By offering food and housing, Cornerstone Youth Home ensures that the basic needs of these vulnerable youth are met, allowing them to build a foundation for a brighter future.
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Impact
October, 2024
Cornerstone Youth Home significantly impacts at-risk and homeless youth by providing essential food and housing, ensuring stability that is crucial for personal growth and educational success. By offering a safe and restorative home environment, it helps disrupt the cycle of homelessness and transience that many young individuals face. This stability allows students to focus on their education and personal development, ultimately increasing their capacity for lifelong success. In the community of York, PA, Cornerstone Youth Home plays a transformative role in empowering youth to break free from challenging circumstances and build a better future.
This information is meant to be a general summary of Cornerstone Youth Home. 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: $111,054
Assets and Liabilities:
- Total Assets: $580,087
- Total Liabilities: $0
- Net Assets: $580,087
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Organization Details
Founding Year
2015
Phone
(717) 858-6223Principal Officer
Nakesha Muldrow
Main Address
484-486 WEST MARKET ST, YORK, PA, 17401
Website
www.cyhyork.orgNTEE Category
Code: L40 - Housing
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