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The Outlet

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

EIN: 453075858 ✦ Springfield, IL ✦ Designated as a 501(c)(3)

Overview

What is The Outlet?

The Outlet is a nonprofit organization located in Springfield, Illinois, specifically at P.O. Box 2864. Their primary focus is on supporting fatherless boys and young men aged between 8 and 22. They accomplish this by assigning these individuals positive male role models. Through one-on-one discussions, group workshops, and educational trips, the mentor-mentee pairs establish strong, lasting relationships. The Outlet's mission is to empower young, fatherless individuals to make responsible life choices, uphold spiritual values, explore their talents, and pursue their aspirations. Their services have contributed to numerous success stories, including high school graduations, college or trade school enrollments, entrepreneurial endeavors, and even the return of some participants as mentors themselves. The organization employs a team of 21 dedicated individuals.


Is The Outlet legitimate?

The Outlet is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Outlet 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: $81,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $277,627

For more financial information, click here


What is the mission statement of The Outlet?
Who is the CEO of The Outlet?
What is the revenue of The Outlet?
Who are the executives of The Outlet and what are their salaries?
Where can I find the form 990 for The Outlet?

Mission Statement of The Outlet

The Outlet, a youth ministry and mentoring initiative, is committed to assisting fatherless young men in central Illinois. Its mission is to empower these individuals, primarily between the ages of 8 and 22, to make informed and responsible life decisions. The organization strives to instill spiritual values in its mentees, encouraging them to explore their unique talents and aspirations, ultimately helping them to realize their dreams.

By pairing these boys and young men with positive male role models, The Outlet fosters the development of strong, enduring relationships. Through open discussions about life and the journey to manhood, group workshops, and educational trips, mentor and mentee pairs forge deep connections that often last a lifetime. Participants in this program have demonstrated impressive achievements, including graduating from high school, pursuing higher education or vocational training, starting their own businesses, and even returning to The Outlet to become mentors themselves.

Impact

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




Saturday, July 20, 2024

The Outlet's impact is profound in the central Illinois communities it serves. By pairing fatherless boys and young men with positive male role models, The Outlet is equipping these young individuals with the support and guidance they need to navigate life and develop into responsible adults. Through mentorship, workshops, educational trips, and ongoing support, participants of The Outlet have seen significant success in their personal and academic pursuits. Many have graduated high school, pursued higher education or vocational training, started their own businesses, and even returned to The Outlet as mentors themselves. The Outlet is empowering young men to explore their gifts, make positive life decisions, and realize their dreams, making a lasting impact on their lives and the community as a whole.





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: $0
  • Program Service Revenue: $387,072
  • Gross Receipts: $1,082,444

    • Assets and Liabilities:
  • Total Assets: $782,361
  • Total Liabilities: $23,278
  • Net Assets: $759,083
  • Programs

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

    Mentoring Youth

    Revenue

    $387,072

    Organization Details

    Founding Year

    2011

    Principal Officer

    Michael Phelon

    Main Address

    P O Box 2864, Springfield, IL, 62708

    NTEE Category

    Code: P99 - Human services

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