Clearwater For Youth
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Clearwater For Youth meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to elevate the youth of Pinellas County through access to athletics and other skill-building programs where children from all backgrounds can learn, play, and grow together."
Year, State Incorporated:
1972, FL
Clearwater for Youth (CFY) supports youth in Clearwater, Florida, through youth athletic grants, education, and water safety programs. The organization reports that their youth athletic grants offer access and equipment for 9 youth football programs, 6 little league programs, 4 softball programs, 4 arts and culture programs, 4 basketball programs, 3 swim programs, 4 soccer programs, 1 boxing program, and 3 track and field programs. CFY reports that its education program supports children with scholarships to help fund post-secondary education. Through a partnership with the Pinellas Education Foundation, CFY offers mentorship opportunities for 6th, 7th, and 8th graders that ultimately lead to college scholarships. The organization's water safety program supports 5 elementary schools with lifesaving water safety lessons.
For the year ended December 31, 2023, Clearwater For Youth's program expenses were:
| Program services | $730,271 |
| Total Program Expenses | $730,271 |
Chief Executive
Kevin Dunbar, Executive Director
Compensation*
$146,738
Chair of the Board
Fredrick Miller
Chair's Profession / Business Affiliation
Presdient, SouthState Bank
Board Size
19
Paid Staff Size
2
*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Door-to-door appeals, Grant proposals, Internet, Direct mail appeals, Planned giving arrangements, Print advertisements (newspapers, magazines, etc.), Radio, Television
Fundraising costs were 15% of related contributions. (Related contributions, which totaled $405,981 are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Clearwater For Youth's unaudited financial statements for the year ended December 31, 2023.
Source of Funds
| Investment income, net | $612,816 |
| Scholarships,. sponsorship, and partnerships | $141,151 |
| Special events, net | $120,175 |
| Contributions | $88,620 |
| In-kind donations | $56,035 |
| Other income | $24,896 |
| Total Income | $1,043,693 |
Programs: 84% Fundraising: 7% Administrative: 9%
| Total Income | $1,043,693 |
| Total expenses: | $871,934 |
| Program expenses | $730,271 |
| Fundraising expenses | $60,483 |
| Administrative expenses | $81,180 |
| Other expenses | $0 |
| Income in Excess of Expenses | $171,759 |
| Beginning Net Assets | $4,798,568 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $4,970,327 |
| Total Liabilities | $13,789 |
| Total Assets | $4,984,116 |
Note: According to CFY’s 2023 CPA Review, the organization received in-kind contributions of $56,035, including services ($24,000) and use of facilities ($32,035).
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance