Ryan Nece Foundation

The Ryan Nece Foundation is a non-profit organization based in Tampa, Florida, dedicated to youth development and leadership empowerment. It focuses on creating opportunities for teenagers to engage in volunteerism and inspirational leadership programs, aiming to foster a culture of giving through the concept of the "Power of Giving," which involves the contribution of time, talents, ties, and treasure.

Mission and Objectives

The foundation's mission is to empower teens to become community leaders by embracing the Power of Giving. This concept emphasizes the ability of individuals to positively impact their communities through various forms of contribution. The foundation's programs are designed to encourage teenagers to take an active role in philanthropy and community service, promoting a sense of social responsibility and leadership among the younger generation.

Financial Overview

As of its latest fiscal year, the Ryan Nece Foundation reported revenues of $254,000, with contributions making up the majority at 98.8% of total income. The foundation's expenses were $232,000, with executive compensation being the largest expense category at 46.5%. The foundation's total assets were valued at $277,647, with total liabilities at $3,661.

Governance

The Ryan Nece Foundation is governed by a diverse board of directors, which includes professionals from various sectors such as finance, law, and education. The board adheres to best governance practices, including formal orientation for new members, CEO oversight, and regular self-assessment. The foundation prioritizes inclusivity in its board recruitment process to ensure a diverse range of perspectives and leadership.

Recognition and Ratings

The Ryan Nece Foundation has been recognized with a 4-star rating by Charity Navigator, reflecting its strong financial health and commitment to transparency and accountability in its operations. However, it appears on the list of nonprofits delinquent with California state registrations, which may temporarily affect its ability to receive donations through certain platforms.