nonprofit logo

Ymic Foundation Inc

Ymwic Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 260202360 ✦ West chester, PA ✦ Designated as a 501(c)(3)

Overview

What is Ymic Foundation Inc?

Ymic Foundation Inc, operating under the name YMWIC Foundation Inc, is a nonprofit organization based in West Chester, Pennsylvania. Their primary mission is to empower and prepare economically disadvantaged and historically underrepresented youth, primarily African American and Latino students, from kindergarten to age 16. They achieve this by offering academic tutoring, mentoring, and financial assistance programs, and fostering partnerships with K-12 school districts, universities, corporations, and committed partners. The Foundation conducts various programs in the areas of Science, Technology, Engineering, Math (STEM), Art, Robotics, Music, Civics, Debate, NSBE Chapter, Job Shadowing, Internship, Job Search Assistance, Entrepreneurship, Pre-Apprentice Program, and MathCount, all aimed at preparing these youth to excel in STEM careers. With a team of 68 dedicated individuals, Ymic Foundation Inc is committed to bridging the gap in access to STEM education and opportunities for these underrepresented communities.


Official website here: www.ymwicfoundation.org

Is Ymic Foundation Inc legitimate?

Ymic Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ymic 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.

Here are some key statistics you may want to consider:

Executive Compensation: $99,728
Professional Fundraising Fees: $8,382
Other Salaries and Wages: $370,319

For more financial information, click here


Official website here: www.ymwicfoundation.org

What is the mission statement of Ymic Foundation Inc?

The Ymic Foundation Inc's mission is centered around empowering economically disadvantaged and historically underrepresented youth, primarily from African American and Latino backgrounds. The organization strives to prepare these young individuals, aged from kindergarten to 16, to excel in STEM fields and beyond. This is achieved through a combination of academic tutoring, mentoring, and financial assistance programs. The Foundation forges partnerships with various entities such as K-12 school districts, universities, corporations, and committed partners to facilitate this mission. The ultimate goal is to equip these students with the necessary skills to pursue successful careers in STEM, art, music, entrepreneurship, and related fields.


Official website here: www.ymwicfoundation.org

Who is the CEO of Ymic Foundation Inc?

Richard Roberts Iii is the Executive Di of Ymic Foundation Inc.


Official website here: www.ymwicfoundation.org

What is the revenue of Ymic Foundation Inc?

Ymic Foundation Inc's revenue in 2022 was $1,164,479.


Official website here: www.ymwicfoundation.org

Who are the executives of Ymic Foundation Inc and what are their salaries?

The average compensation at Ymic Foundation Inc during 2022 was $6,912. There are 68 employees and 270 volunteers at Ymic Foundation Inc.

Here are 9 key members and their salaries:

    Richard Roberts Iii (Executive Di) [Trustee/Director]
  • Compensation: $83,363
  • Related: $0
  • Other: $13,969

    • Courtney Allen (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vince Cuce (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aaron Cunningham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gilbert Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vincent Ross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joanne Santomauro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharetta Sloane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ymwicfoundation.org

    Where can I find the form 990 for Ymic Foundation Inc?

    The Ymic Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ymwicfoundation.org

    Learn more at the official website: www.ymwicfoundation.org

    Mission Statement of Ymic Foundation Inc

    Ymic Foundation Inc, a nonprofit organization, is committed to empowering and preparing economically disadvantaged and historically underrepresented youth, primarily of African American and Latino descent, aged from kindergarten to 16. Its mission is to equip these students with the necessary academic skills and expose them to various fields such as science, technology, engineering, mathematics (STEM), art, music, and entrepreneurship. This aim is to provide these young individuals with the opportunity to pursue careers in these fields.

    To achieve this mission, Ymic Foundation Inc leverages alliances with K-12 school districts, universities, corporations, and dedicated partners. It offers a range of programs that include academic tutoring, mentoring, and financial assistance. These initiatives are designed to help these young students excel and emerge as leaders in STEM careers. By providing these resources, Ymic Foundation Inc is not only equipping the next generation with crucial skills but also helping to bridge the gap in underrepresentation in these fields.

    Impact

    This information is meant to be a general summary of Ymic Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Ymic Foundation Inc has a significant impact on economically disadvantaged and historically underrepresented youth by empowering and preparing them to excel in science, technology, engineering, and math (STEM) careers. Through its programs, young African American and Latino students are provided with academic tutoring, mentoring, and financial assistance, ensuring they have the opportunity to pursue careers in STEM fields. Ymic Foundation Inc conducts a variety of programs in STEM, art, robotics, music, civics, debate, entrepreneurship, and more, aiming to prepare disadvantaged youth to succeed in STEM careers. By leveraging alliances with K-12 school districts, universities, corporations, and committed partners, Ymic Foundation Inc plays a crucial role in developing future leaders in STEM fields.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $18
  • Program Service Revenue: $125,754
  • Gross Receipts: $1,220,659

    • Assets and Liabilities:
  • Total Assets: $1,002,646
  • Total Liabilities: $27,411
  • Net Assets: $975,235
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM FEES

    Revenue

    $125,754

    Organization Details

    Founding Year

    2007

    Principal Officer

    Richard Roberts Iii

    Main Address

    PO BOX 1954, WEST CHESTER, PA, 19380

    NTEE Category

    Code: P20 - Human services

    If you are a representative of Ymic Foundation Inc 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.