Overview
What is Sky's The Limit Fund?
Sky's The Limit Fund (STLF) is a nonprofit organization dedicated to providing financial assistance for wilderness therapy treatments to adolescents and young adults in crisis, as well as their families in financial need. Since its inception in 2010, STLF has supported over 1240 youth and families, distributing over $13 million in aid. The organization's mission involves offsetting the high cost of wilderness therapy programs and partnering with organizations that offer reduced tuition for families in need. In fiscal year 2023, STLF provided $1.26 million in assistance to 207 individuals. However, the pandemic and economic uncertainty have affected donations and enrollment in these programs, putting a strain on the organization's revenue. To overcome these challenges, STLF is researching and potentially partnering with programs offering a 50% or more nature component, expanding its donor base, and diversifying its funding sources to include individual, corporate, and foundation donors. The organization employs a highly engaged board of directors and four independent contractors, collaborating with leading industry professionals to promote the benefits of outdoor behavioral healthcare and transitional support.
Official website here: www.skysthelimitfund.org/
Is Sky's The Limit Fund legitimate?
Sky's The Limit Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sky's The Limit Fund 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: $126,923
Professional Fundraising Fees: $0
Other Salaries and Wages: $340,658
For more financial information, click here
Official website here: www.skysthelimitfund.org/
What is the mission statement of Sky's The Limit Fund?
Sky's The Limit Fund's mission is centered around providing extensive support and financial assistance for wilderness therapy to adolescents and young adults in crisis and their families in need. The organization offers financial aid to cover the high costs of wilderness therapy, partnering with various programs that also provide reduced tuition fees. In fiscal year 2023, Sky's The Limit Fund provided $1.26 million in financial assistance to 207 individuals, surpassing $7 million in total support since its inception in 2010. However, due to economic uncertainty and fluctuations in the market, the fund experienced a decrease in revenue compared to the number of applications for support. As a result, Sky's The Limit Fund is focusing on expanding its donor base, generating more revenue, and collaborating with programs that offer at least a 50% nature component, aiming to expand its reach and impact. The organization also provides guidance, mentors, and resources to families, hosts events, and engages in outreach activities to increase awareness of outdoor behavioral healthcare and its benefits.
Official website here: www.skysthelimitfund.org/
Who is the CEO of Sky's The Limit Fund?
Mary Davidson is the Executive Director of Sky's The Limit Fund.
Official website here: www.skysthelimitfund.org/
What is the revenue of Sky's The Limit Fund?
Sky's The Limit Fund's revenue in 2023 was $1,664,843.
Official website here: www.skysthelimitfund.org/
Who are the executives of Sky's The Limit Fund and what are their salaries?
The average compensation at Sky's The Limit Fund during 2023 was $77,930. There are 6 employees and 10 volunteers at Sky's The Limit Fund.
Here are 15 key members and their salaries:
- Mary Davidson (Executive Director)
- David Segre (Board Chair) [Trustee/Director]
- Naomi Chavez Peters (Board Vice-Chair) [Trustee/Director]
- Lisa O'Hearn -Keck (Board Secretary) [Trustee/Director]
- Andrew Golstrom (Board Treasurer) [Trustee/Director]
- Cathy Cioth (Board Member) [Trustee/Director]
- Sid Kapur (Board Member) [Trustee/Director]
- Barbara Krancer (Board Member) [Trustee/Director]
- Tara Saul (Board Member) [Trustee/Director]
- Jennifer Eve Taylor (Board Member) [Trustee/Director]
- Brenda Zane (Board Member) [Trustee/Director]
- Ty Bemis (Board Member) [Trustee/Director]
- Alicia Jennings (Board Member) [Trustee/Director]
- Kim Friesen (Board Member) [Trustee/Director]
- Joshua Bloomstein (Board Member) [Trustee/Director]
Official website here: www.skysthelimitfund.org/
Where can I find the form 990 for Sky's The Limit Fund?
The Sky's The Limit Fund’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.skysthelimitfund.org/
Learn more at the official website: www.skysthelimitfund.org/
Mission Statement of Sky's The Limit Fund
Sky's The Limit Fund, a nonprofit organization, is committed to providing extensive support and financial assistance for wilderness therapy to adolescents and young adults in crisis and their families in need. Its mission is to offset the high cost of wilderness therapy and enable these individuals to attend one of its wilderness therapy program partners. The fund's partners also offer a reduction in tuition, further reducing the financial burden for the family.
The organization provides financial assistance in the form of funding for outdoor therapeutic treatment. In fiscal year 2023, Sky's The Limit Fund provided $1,264,347 of financial assistance to 207 youth and young adults in crisis and their families with financial needs. Since its inception in 2010, the fund has provided over $7 million of support to over 1240 youth and young adults and their families. The total support to families, including the program partners' reduction in fees, exceeds $13 million.
However, the fund has faced challenges due to trends in the industry, levels of giving, and overall donor philanthropy. In contrast to an increase in applications for support, the fund experienced a decrease in revenue in fiscal year 2023. This is partly due to economic uncertainty and fluctuations in the market, as well as lower donations from outdoor therapy families and alumni due to decreased enrollment in outdoor therapy programs. Despite these challenges, the fund continues to expand and diversify its fundraising efforts. It collaborates with leading industry professionals, hosts events, and outreach activities to educate the community on the efficacy and benefits of outdoor behavioral healthcare and transitional support. The fund also aims to expand its reach to those outside of outdoor therapy, to those who believe in the benefits of outdoor behavioral healthcare, and to those who believe in providing care for those in mental health crisis.
Impact
This information is meant to be a general summary of Sky's The Limit Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Sky's The Limit Fund's impact can be seen in the extensive support and financial assistance it provides for wilderness therapy to adolescents and young adults in crisis and their families in need. In the fiscal year 2023 alone, the organization supplied $1,264,347 of financial assistance for outdoor therapeutic treatment to 207 youth and young adults in crisis, along with their families. Since its establishment in 2010, Sky's The Limit Fund has contributed over $7 million in support to more than 1240 individuals and families.
Despite facing challenges such as a decrease in revenue, increased applications for support, and program closures, Sky's The Limit Fund continues to expand its reach and diversify its fundraising efforts. The organization focuses on fostering partnerships with accredited programs that offer unique treatment options and have a strong nature component. Additionally, Sky's The Limit Fund provides families with guidance, mentors, and resources to navigate the treatment process successfully.
Through collaborations with industry professionals and participation in conferences, Sky's The Limit Fund stays informed about new developments in outdoor therapy, insurance coverage, and treatment efficacy. The organization's commitment to providing financial assistance and educational outreach has a tangible and positive impact on youth and young adults dealing with mental health crises, as well as their families.
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 2023.
- Assets and Liabilities:
Organization Details
Founding Year
2010
Phone
(408) 618-8093
Principal Officer
Mary Davidson
Main Address
510A VALLEY WAY, MILPITAS, CA, 95035
Website
www.skysthelimitfund.org/
NTEE Category
Code: P20 - Human services
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