Overview
What is Mankato Youth Place Inc?
Mankato Youth Place Inc, also known as My Place, is a nonprofit organization situated in Mankato, Minnesota. Their primary mission is to create a supportive environment that empowers young individuals to reach their full potential. They accomplish this by offering various academic, artistic, physical activity, and health/wellness opportunities during out-of-school hours. The nonprofit provides transportation to and from school during the school year and offers meals, as well as essential items like clothing and toiletries on a self-service basis as needed. My Place is committed to improving academic performance, fostering positive relationships, and reinforcing values such as belonging, empowerment, personal accountability, civility, and civic responsibility. With a team of 18 dedicated individuals, My Place is making a significant impact on the lives of school-aged children in the community.
Official website here: www.myplacemankato.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Stars (62%)
Mankato Youth Place Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. The score of 62% suggests that while there are some strengths, significant gaps exist, particularly in governance and transparency. It is concerning that the organization has no independent board members, which may impact its oversight and effectiveness.
Strengths include a high program expense ratio of 75.27%, demonstrating a commitment to its mission and effective use of resources towards programming. Additionally, the organization has received full points for its financial statements, audit oversight, and the absence of asset diversion, indicating sound financial management in these areas.
However, there are notable limitations, such as the lack of a conflict of interest policy, whistleblower policy, and document retention practices, which are essential for good governance and transparency. Moreover, the absence of tax forms on its website raises questions about accessibility and accountability to the public. Overall, while Mankato Youth Place Inc shows promise in some areas, addressing governance and transparency issues is crucial for enhancing its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Mankato Youth Place Inc?
100% of the 7 reviewers on Facebook recommend Mankato Youth Place Inc. Here's a summary of their reviews:
Many reviewers express a strong sense of trust in the organization, emphasizing its genuine commitment to the well-being of children. Supportive comments highlight that the staff truly cares about the kids they serve and goes above and beyond to ensure they receive the help they need.
Overall, people feel positively about their experiences with Mankato Youth Place, indicating that the nonprofit effectively fulfills its mission of supporting youth in the community.
This AI summary has been generated from reviews found on Facebook.
Is Mankato Youth Place Inc legitimate?
Mankato Youth Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mankato Youth Place 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: $91,226
Professional Fundraising Fees: $0
Other Salaries and Wages: $175,748
For more financial information, click here
Official website here: www.myplacemankato.org
What is the mission statement of Mankato Youth Place Inc?
Mankato Youth Place Inc, as a nonprofit organization, is dedicated to creating a conducive environment that fosters the growth and development of young individuals. This is accomplished by offering educational support to enhance academic performance, establishing uplifting relationships, and instilling a sense of belonging, empowerment, personal accountability, civility, and civic responsibility in the youth. The ultimate goal is to help these young people realize their full potential.
Official website here: www.myplacemankato.org
Who is the CEO of Mankato Youth Place Inc?
Erin Simmons is the Executive Director of Mankato Youth Place Inc.
Official website here: www.myplacemankato.org
What is the revenue of Mankato Youth Place Inc?
Mankato Youth Place Inc's revenue in 2022 was $930,830.
Official website here: www.myplacemankato.org
Who are the executives of Mankato Youth Place Inc and what are their salaries?
The average compensation at Mankato Youth Place Inc during 2022 was $14,832. There are 18 employees and 111 volunteers at Mankato Youth Place Inc.
Here are 11 key members and their salaries:
- Compensation: $91,226
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- Other: $8,510
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Official website here: www.myplacemankato.org
Where can I find the form 990 for Mankato Youth Place Inc?
Mankato Youth Place Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.myplacemankato.org
Learn more at the official website: www.myplacemankato.org
Mission Statement of Mankato Youth Place Inc
Mankato Youth Place Inc, a nonprofit organization, is committed to creating a supportive environment that encourages youth to grow and develop. By providing educational assistance to enhance academic performance, fostering positive relationships, and instilling a sense of empowerment and responsibility, Mankato Youth Place helps young individuals reach their full potential. The organization's mission is to foster a strong sense of belonging and civility, encouraging youth to engage actively in their communities and contribute positively to society. By reinforcing these values, Mankato Youth Place empowers young individuals, equipping them with the necessary skills and confidence to navigate their future with determination and resilience.
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Impact
July, 2024
Mankato Youth Place Inc, known as My Place, has a significant impact on the youth in Mankato, MN. By providing a nurturing environment and empowering youth to build confidence, knowledge, and essential skills, My Place helps children reach their full potential. The organization offers a range of activities including academic support, arts, physical activities, and health/wellness opportunities. Through these programs, My Place not only enhances academic performance but also fosters encouraging relationships and a sense of belonging. By instilling values of empowerment, personal accountability, civility, and civic responsibility, My Place positively influences the overall development of the youth in the community.
This information is meant to be a general summary of Mankato Youth Place 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: $5,205
- Gross Receipts: $930,830
Assets and Liabilities:
- Total Assets: $2,888,586
- Total Liabilities: $1,726,118
- Net Assets: $1,162,468
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Organization Details
Founding Year
2019
Phone
(507) 720-6898Principal Officer
Erin Simmons
Main Address
1315 Stadium Road, Mankato, MN, 56001
Website
www.myplacemankato.orgNTEE Category
Code: P20 - Human services
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