Overview
What is Urban Youth Legacy Foundation Inc?
Urban Youth Legacy Foundation Inc, situated in West Palm Beach, Florida, serves as a supporting organization. Its primary role is to aid Urban Youth Impact, Inc., another Florida-based nonprofit, in achieving its exempt objectives under Section 501(c)(3) of the Internal Revenue Code. This assistance can take various forms, including providing financial support or other forms of aid as necessary. The Foundation, with a minimal workforce of one individual, operates with the mission to advance and support Urban Youth Impact, Inc.'s exempt purposes.
Is Urban Youth Legacy Foundation Inc legitimate?
Urban Youth Legacy Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Urban Youth Legacy Foundation 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: $158,145
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Urban Youth Legacy Foundation Inc?
The Urban Youth Legacy Foundation Inc. exists with the primary objective of supporting and furthering the goals of Urban Youth Impact, Inc., a Florida-based nonprofit organization. This support is aimed at advancing the exempt purposes of Urban Youth Impact, Inc., which are recognized under Section 501(c)(3) of the Internal Revenue Code. The Legacy Foundation's main role is to raise funds for the exclusive use of Urban Youth Impact, Inc., as necessary. By doing so, it contributes to the overall mission of its beneficiary organization. The exact nature of Urban Youth Impact, Inc.'s exempt purposes and the specific goals the Legacy Foundation aims to support are not provided in the information.
Who is the CEO of Urban Youth Legacy Foundation Inc?
William Hobbs is the President of Urban Youth Legacy Foundation Inc.
What is the revenue of Urban Youth Legacy Foundation Inc?
Urban Youth Legacy Foundation Inc's revenue in 2022 was $680,377.
Who are the executives of Urban Youth Legacy Foundation Inc and what are their salaries?
The average compensation at Urban Youth Legacy Foundation Inc during 2022 was $158,145. There is 1 employee at Urban Youth Legacy Foundation Inc.
Here are 5 key members and their salaries:
- Compensation: $158,145
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Urban Youth Legacy Foundation Inc?
Urban Youth Legacy Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Urban Youth Legacy Foundation Inc
The Urban Youth Legacy Foundation Inc, as a supporting organization, is dedicated to aiding and promoting the objectives of Urban Youth Impact, Inc., a Florida-based nonprofit corporation that holds exempt status under Section 501(c)(3) of the Internal Revenue Code. The primary mission of the Urban Youth Legacy Foundation Inc is to provide financial backing and reinforcement to Urban Youth Impact, Inc., ensuring that it can continue to carry out its exempt purposes efficiently. By raising funds for Urban Youth Impact, Inc., as required, the Urban Youth Legacy Foundation Inc plays a crucial role in supporting and advancing the cause of its sister organization.
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Impact
October, 2024
Urban Youth Legacy Foundation Inc significantly impacts the community by raising funds to support Urban Youth Impact, Inc., which focuses on empowering youth in West Palm Beach, Florida. Through its dedicated efforts, the foundation plays a crucial role in providing essential resources and programs that promote youth development. This support enables the delivery of services designed to uplift and transform the lives of young individuals facing various challenges.
By prioritizing youth development, Urban Youth Legacy Foundation Inc strengthens educational opportunities, mentorship, and skill-building initiatives for local youth. The foundation helps create a safer and more enriching environment, fostering personal growth and resilience. Its commitment not only enhances individual lives but also contributes to the overall well-being of the community, ensuring a brighter future for the next generation.
This information is meant to be a general summary of Urban Youth Legacy Foundation 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: $1,532
- Gross Receipts: $680,377
Assets and Liabilities:
- Total Assets: $565,651
- Total Liabilities: $0
- Net Assets: $565,651
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Organization Details
Founding Year
2021
Phone
(561) 832-9220Principal Officer
William Hobbs
Main Address
2823 N Australian Ave, West Palm Beach, FL, 33407
NTEE Category
Code: O55 - Youth development
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