Overview
What is Mays Foundation?
The Mays Foundation, located in Omaha, Nebraska, is a nonprofit organization dedicated to supporting youth with challenging backgrounds. Their mission is to identify their strengths and weaknesses, and through tailored programming, uncover hidden skills and talents. The foundation offers day and evening reporting services, catering to students during school hours and beyond. Day reporting focuses on enhancing social skills, academic performance, and character development, while evening reporting focuses on enrichment and character building. The Mays Foundation also builds and maintains community partnerships to provide additional resources and support for the youth and their families. With a team of 12 individuals, the foundation is committed to empowering and uplifting young lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
The Mays Foundation has received a low rating of 56%, reflecting concerns particularly in the areas of financial transparency and accountability. While the organization does excel in certain governance aspects, such as having a fully independent board and a solid program expense ratio, critical financial reports and policies are notably absent.
Strengths include the full independence of board members, which indicates a commitment to unbiased decision-making. The foundation has noted no material diversion of assets and has a conflict of interest policy in place. However, the absence of essential documents like financial statements and a whistleblower policy raises red flags regarding overall operational transparency.
Additionally, the liabilities to assets ratio of 118.96% suggests potential financial instability, which could impact the foundation's ability to sustain its programs. Overall, while there are some strong governance practices in place, the significant gaps in financial documentation present challenges that need to be addressed for improved trust and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Mays Foundation legitimate?
Mays Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mays Foundation 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: $94,471
Professional Fundraising Fees: $0
Other Salaries and Wages: $292,293
For more financial information, click here
What is the mission statement of Mays Foundation?
The Mays Foundation's mission is centered around identifying the strengths and weaknesses of youth from challenging backgrounds. By providing programming, the foundation aims to uncover hidden skills and talents in these youth. Forming ongoing community partnerships is also a crucial part of their mission, enabling them to offer additional services to support the youth and their families. The foundation's activities include day and evening reporting, where they work with the youth to develop social skills, enhance academic abilities, build character, and prepare for independent living. Day reporting is typically during school hours, but the foundation also provides evening reporting for students who are unable to attend due to suspensions, expulsions, transfers, etc. The evening reporting focuses on enrichment and character building.
Who is the CEO of Mays Foundation?
Ernest White is the Secretary of Mays Foundation.
What is the revenue of Mays Foundation?
Mays Foundation's revenue in 2022 was $564,823.
Who are the executives of Mays Foundation and what are their salaries?
The average compensation at Mays Foundation during 2022 was $32,230. There are 12 employees and 4 volunteers at Mays Foundation.
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Where can I find the form 990 for Mays Foundation?
Mays Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mays Foundation
The Mays Foundation, a nonprofit organization, is committed to identifying the strengths and weaknesses in youth with challenging backgrounds. Their mission is to provide programming that brings forth hidden skills and talents in these youth, while establishing ongoing community partnerships. These partnerships enable the foundation to offer additional services to support the youth and their families.
Through their day and evening reporting programs, the Mays Foundation works closely with young individuals to develop their social skills, enhance their academic abilities, build character, and propel them towards independent living as they approach adulthood. The day reporting program is designed for students who would typically be in school during the day, but may be unable or unwilling to attend due to reasons such as suspension, expulsion, or transfer. The evening reporting program, on the other hand, focuses on enrichment and character building, taking place after school hours.
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Impact
July, 2024
Mays Foundation's impact lies in identifying the strengths and weaknesses of youth with challenging backgrounds and providing programming that uncovers hidden skills and talents. They work towards developing social skills, increasing academic skills, building character, and helping youth move towards independent living. By forming ongoing community partnerships, they are able to provide additional services to support youth and their families, ultimately making a positive difference in their lives.
This information is meant to be a general summary of Mays Foundation. 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: $564,823
Assets and Liabilities:
- Total Assets: $36,563
- Total Liabilities: $43,498
- Net Assets: -$6,935
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Organization Details
Founding Year
2019
Phone
(402) 718-0743Principal Officer
Ernest White
Main Address
5020 GRAND AVE, OMAHA, NE, 68104
NTEE Category
Code: P30 - Human services
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