Overview
What is Major League Baseball Youth Foundation?
The Major League Baseball Youth Foundation is a nonprofit organization situated in New York, specifically at 1271 Avenue of the Americas, New York, NY 10020. Its primary mission is to offer recreational and educational opportunities for urban, minority, and at-risk youth. The organization invests a significant portion of its resources in running year-round baseball and softball programs, educational workshops, and covering associated expenses, such as local and travel tournaments. Additionally, it extends its support by granting funds to other non-profit organizations that align with its goals of fostering game development and education among urban youth. With a dedicated workforce of 33 individuals, the Major League Baseball Youth Foundation endeavors to positively impact the lives of these young individuals.
What are the reviews and ratings of this charity?
**: Needs Improvement (Two-Star out of Four Stars)**tar)**
The Major League Baseball Youth Foundation has received a two-star rating from Charity Navigator, indicating that the organization’s performance requires significant improvement, particularly in accountability and financial management. The rating is based solely on the Accountability & Finance score of 69%, highlighting areas of concern such as the complete lack of independent board members and missing vital policies, such as conflict of interest and whistleblower policies.
Strengths noted include a solid financial structure, with no material diversion of assets and a good liabilities to assets ratio. However, the organization's low scores in independent governance and transparency raise serious questions. Fundraising efficiency is particularly lacking, with minimal funds raised through fundraising activities, which may affect future financial sustainability.
Currently, user reviews from GreatNonprofits are unavailable to provide direct public feedback. Thus, potential supporters and beneficiaries are encouraged to consider both financial data and community sentiment when evaluating the organization’s overall impact and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Major League Baseball Youth Foundation legitimate?
Major League Baseball Youth Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Major League Baseball Youth 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: $574,564
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,097,602
For more financial information, click here
What is the mission statement of Major League Baseball Youth Foundation?
The Major League Baseball Youth Foundation aims to offer recreational and educational opportunities for urban, minority, and at-risk youth. Its primary mission involves providing these young individuals with access to year-round baseball and softball programs, educational workshops, local and travel tournament expenses, and grants to non-profit organizations that align with its game development and education goals. The organization's activities are geared towards empowering and uplifting these youth populations, fostering their growth and development.
Who is the CEO of Major League Baseball Youth Foundation?
Unavailable
What is the revenue of Major League Baseball Youth Foundation?
Major League Baseball Youth Foundation's revenue in 2022 was $7,222,359.
Who are the executives of Major League Baseball Youth Foundation and what are their salaries?
The average compensation at Major League Baseball Youth Foundation during 2022 was $50,672. There are 33 employees and 55 volunteers at Major League Baseball Youth Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $426,763
- Related: $0
- Other: $147,801
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Major League Baseball Youth Foundation?
Major League Baseball Youth Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Major League Baseball Youth Foundation
The Major League Baseball Youth Foundation is committed to offering recreational and educational opportunities to urban, minority, and at-risk youth. This nonprofit organization's mission is to provide these young individuals with a platform that fosters their growth and development, aiming to make a positive impact on their lives. The primary expense for the organization is the operation of year-round baseball and softball programs, as well as educational workshops. Additionally, the Foundation covers costs associated with local and travel tournaments, and grants funds to other non-profit organizations to support their efforts in promoting urban youth sports development and education. The Major League Baseball Youth Foundation's mission is an essential contribution to the community, providing underprivileged youth with the resources and experiences necessary for personal growth and success.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Major League Baseball Youth Foundation provides recreational and educational opportunities for urban, minority, and at-risk youth. The organization's primary focus is on running year-round baseball and softball programs, as well as educational workshops. In addition to organizing local and travel tournaments, the foundation also provides grants to other nonprofit organizations that support its mission of youth development through sports and education. Through these initiatives, the foundation positively impacts the lives of young people by promoting physical activity, teamwork, and personal growth.
This information is meant to be a general summary of Major League Baseball Youth 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.
- Program Service Revenue: $5,800
- Gross Receipts: $7,328,206
Assets and Liabilities:
- Total Assets: $13,167,746
- Total Liabilities: $1,070,665
- Net Assets: $12,097,081
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
field rental
Revenue
$5,800
Organization Details
Founding Year
2001
Phone
(212) 931-7800Main Address
1271 Avenue of the Americas, New York, NY, 10020
NTEE Category
Code: N63 - Recreation
If you are a representative of Major League Baseball Youth Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.