Overview
What is Network For Young Adult Success?
Network for Young Adult Success, or UTMOSTU, is a nonprofit organization situated in Chicago, Illinois. Its primary mission is to propel young adults from low-income backgrounds towards their career goals through post-secondary education, either college or other educational pathways. UTMOSTU achieves this by creating a network of schools and community-based organizations committed to the long-term success of their high school graduates. They utilize technology, holistic supports, external partnerships, and constant engagement to ensure these young adults achieve their professional aspirations by successfully attaining degrees and preparing for their careers. With a team of 10 dedicated individuals, UTMOSTU serves as a vital resource and support system for young adults seeking to build a better future for themselves.
Official website here: www.utmostu.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Star Rating)
Network For Young Adult Success has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization scores particularly well in the Accountability & Finance category with a score of 91, underlining its effective management and transparency practices. Notably, it has a fully independent board, which enhances its governance framework.
The organization demonstrates strong community engagement with a Culture & Community score of 95 and has made significant investments in leadership development, exemplified by hiring a Director of Advancement to ensure program sustainability. Its focus on mental health support highlights its responsiveness to the needs of its fellows, indicating a robust programmatic approach.
However, there are some areas for improvement. While the organization has a solid financial oversight structure, it lacks a documented retention and destruction policy, which received a score of zero. This is a critical area that could benefit from attention to enhance overall governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Network For Young Adult Success legitimate?
Network For Young Adult Success is a legitimate nonprofit organization registered as a 501(c)(3) entity. Network For Young Adult Success 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: $517,121
For more financial information, click here
Official website here: www.utmostu.org
What is the mission statement of Network For Young Adult Success?
The Network for Young Adult Success aims to empower young adults by supporting their successful degree completion and career preparation. This organization encourages high school graduates from low-income backgrounds to pursue their professional aspirations, whether through college or alternative educational pathways. The Network achieves this goal by establishing partnerships with schools and community-based organizations, using technology, holistic support services, external collaborations, and consistent engagement to propel young adults towards their chosen careers.
Official website here: www.utmostu.org
Who is the CEO of Network For Young Adult Success?
Gregory Mooney is the Associate Executive Director of Network For Young Adult Success.
Official website here: www.utmostu.org
What is the revenue of Network For Young Adult Success?
Network For Young Adult Success's revenue in 2022 was $1,198,764.
Official website here: www.utmostu.org
Who are the executives of Network For Young Adult Success and what are their salaries?
The average compensation at Network For Young Adult Success during 2022 was $51,712. There are 10 employees at Network For Young Adult Success.
Here are 11 key members and their salaries:
- Compensation: $105,704
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- Other: $21,386
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Official website here: www.utmostu.org
Where can I find the form 990 for Network For Young Adult Success?
Network For Young Adult Success's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.utmostu.org
Learn more at the official website: www.utmostu.org
Mission Statement of Network For Young Adult Success
Network for Young Adult Success, shortened as UTMOSTU, is an organization dedicated to empowering young adults from low-income backgrounds. Their mission is to help these young adults realize their professional aspirations by providing support for their successful degree attainment and career preparation. UTMOSTU creates a network of schools and community-based organizations that are committed to the long-term success of their high school graduates. This network works towards propelling young adults towards their career goals through technology, holistic supports, external partnerships, and constant engagement. By doing so, UTMOSTU aims to bridge the gap between education and employment, enabling young adults to overcome the challenges they may face in achieving their professional aspirations.
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Impact
July, 2024
Network For Young Adult Success empowers young adults to realize their professional aspirations by supporting their successful degree attainment and career preparation. Through the creation of a network of schools and community-based organizations committed to the long-term success of high school graduates, regardless of their post-secondary path, the organization propels young adults from low-income backgrounds towards their career goals. By leveraging technology, holistic supports, external partnerships, and constant engagement, Network For Young Adult Success makes a significant impact on the educational and career trajectories of young adults in Chicago, IL.
This information is meant to be a general summary of Network For Young Adult Success. 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: $34
- Program Service Revenue: $97,050
- Gross Receipts: $1,206,657
Assets and Liabilities:
- Total Assets: $565,626
- Total Liabilities: $65,793
- Net Assets: $499,833
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NETWORK AFFILIATE FEES
Revenue
$91,800
OTHER SERVICE FEES
Revenue
$5,250
Organization Details
Founding Year
2019
Phone
(773) 936-0853Principal Officer
Gregory Mooney
Main Address
180 N STETSON AVENUE 600-1, CHICAGO, IL, 60601
Website
www.utmostu.orgNTEE Category
Code: B90 - Education
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