Overview
What is Year One Inc?
Year One Inc., operating under the name Mile High Youth Corps (MHYC), is a Colorado-based nonprofit organization established in 1992. Initially serving 20 youth in Denver, MHYC has grown to become a comprehensive year-round program, now serving over 250 young adults annually across 23 Colorado counties. The organization's mission is to empower youth by providing meaningful service opportunities and educational experiences. MHYC offers on-the-job training and career readiness programs, resulting in industry-recognized certifications, AmeriCorps education awards, and leadership opportunities. The young adults, known as Corps members, are employed and trained to work on community-based projects related to land conservation, energy and water conservation, healthcare, and construction. With a commitment to removing barriers and ensuring long-term success for all young people, MHYC has served over 4,500 Corps members, provided 4.1 million dollars in AmeriCorps education awards, and delivered 1.6 million hours of service. The organization's efforts have resulted in various community improvements, such as building or maintaining over 300 miles of trails, constructing over 1,300 affordable housing units, and retrofitting over 45,000 low-income homes for energy and water savings.
Official website here: www.milehighyouthcorps.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Year One Inc has demonstrated a strong commitment to accountability and financial transparency, earning a remarkable 96% in these areas. The organization achieves a perfect score for having an independent board, robust financial oversight, and no material diversion of assets. Their program expense ratio of 83.67% indicates a focus on spending resources on direct programs, which is a significant strength.
In addition to financial health, Year One Inc scores impressively in culture and community engagement, with a score of 95%. The organization excels in collecting and utilizing feedback, ensuring that they are responsive to the needs of the communities they serve. Furthermore, they have established several policies that support ethical governance and accountability.
While Year One Inc performs well overall, there are minor areas noted for improvement, particularly in their equity policies and processes, where they scored 4 out of 7. This suggests that while they have strong equity data and strategies, there is room for growth in implementing their policies effectively. Overall, Year One Inc stands out as a reliable and effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Year One Inc legitimate?
Year One Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Year One Inc 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: $232,658
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,484,273
For more financial information, click here
Official website here: www.milehighyouthcorps.org
What is the mission statement of Year One Inc?
Year One Inc, through its entity Mile High Youth Corps (MHYC), aims to help youth make a positive impact on themselves and their community. This is achieved through providing meaningful service opportunities and educational experiences. Established in 1992, MHYC initially served Denver's youth, but has since expanded to serve 250 young adults annually across 23 Colorado counties. The organization offers on-the-job training, career readiness programs, and leadership opportunities, leading to industry-recognized certifications and education awards. The corps members, aged 18-24, are employed and trained to work on community-based projects, such as land conservation, healthcare, and construction. Despite potential barriers like housing, transportation, and childcare, MHYC is committed to removing these obstacles and ensuring long-term success for all young people. Since its inception, MHYC has served over 4,500 corps members, provided over 4.1 million dollars in AmeriCorps education awards, and delivered over 1.6 million hours of service.
Official website here: www.milehighyouthcorps.org
Who is the CEO of Year One Inc?
Kia Abdool is the Cfo (Thru 10 of Year One Inc. The CEO's salary of Year One Inc is $56,017 and their total compensation is $57,586.
Official website here: www.milehighyouthcorps.org
What is the revenue of Year One Inc?
Year One Inc's revenue in 2022 was $5,930,253.
Official website here: www.milehighyouthcorps.org
Who are the executives of Year One Inc and what are their salaries?
The average compensation at Year One Inc during 2022 was $13,766. There are 270 employees and 32 volunteers at Year One Inc.
Here are 21 key members and their salaries (Year One Inc's CEO's salary is $56,017 and their total compensation is $57,586):
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- Other: $7,944
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- Other: $1,980
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Official website here: www.milehighyouthcorps.org
Where can I find the form 990 for Year One Inc?
Year One Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.milehighyouthcorps.org
Learn more at the official website: www.milehighyouthcorps.org
Mission Statement of Year One Inc
Year One Inc, also known as Mile High Youth Corps (MHYC), is a mission-driven organization aimed at empowering youth and helping them make a positive impact on their community. Its primary objective is to provide young adults with meaningful service opportunities and educational experiences. By participating in various projects, these individuals can develop essential skills, gain industry-recognized certifications, and achieve their educational and employment goals.
MHYC was established in 1992 to address the educational and employment needs of Denver's youth, connecting them to their community and the outdoors. The program initially served 20 young individuals through a 10-week program. Over the years, MHYC has grown into a comprehensive, year-round model serving 250 young adults annually across 23 Colorado counties. The organization's unique approach focuses on removing barriers that hinder young people from accomplishing educational and employment-related milestones.
Year One Inc's programs enable Corps members to engage in community-based projects related to land conservation, energy and water conservation, healthcare, or construction. These young adults receive on-the-job training and career readiness programs, ultimately earning an AmeriCorps Education Award and leadership opportunities. Over the years, MHYC has served over 4,500 Corps members, provided 4.1 million in AmeriCorps Education Awards, and delivered 1.6 million hours of service. Through these initiatives, Corps members have made significant contributions to their communities, building or maintaining over 300 miles of trails, constructing over 1,300 affordable housing units, and retrofitting over 45,000 low-income homes for energy and water savings.
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Impact
July, 2024
Year One Inc, known as Mile High Youth Corps (MHYC), has made a significant impact in the lives of young adults in Colorado. By providing on-the-job training, career readiness programs, and leadership opportunities, MHYC has helped over 4,500 young adults achieve their educational and employment goals. Through their programs, MHYC has contributed to building or maintaining over 300 miles of trail, constructing over 1,300 affordable housing units, and retrofitting more than 45,000 low-income homes for energy and water savings. This organization has not only positively impacted the environment and communities across Colorado but has also helped shape the future of its alumni who now work as forest rangers, wildland firefighters, electricians, certified nurse assistants, and community non-profit leaders. MHYC's commitment to removing barriers and ensuring the success of all young people has resulted in a lasting and meaningful impact on both individuals and the community as a whole.
This information is meant to be a general summary of Year One Inc. 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: $10,946
- Program Service Revenue: $2,735,171
- Gross Receipts: $5,961,512
Assets and Liabilities:
- Total Assets: $3,163,216
- Total Liabilities: $449,194
- Net Assets: $2,714,022
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$2,735,171
Organization Details
Founding Year
1992
Phone
(303) 433-1206Principal Officer
Kia Abdool
Main Address
1801 FEDERAL BLVD, DENVER, CO, 80204
Website
www.milehighyouthcorps.orgNTEE Category
Code: O20Z - Youth development
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