Mission: Founded in 1993 by NFL Hall of Famer and Super Bowl MVP Steve Young, Forever Young Foundation serves children facing significant physical, emotional, and financial c ... (More)

Forever Young Foundation is a 501(c)(3) organization, with an IRS ruling year of 1993, and donations are tax-deductible.

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Contact Information

  http://www.foreveryoung.org/

 1424 South Stapley Drive
Mesa AZ 85204 

  480-507-0416


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Star Rating System by Charity Navigator


Charity Navigator evaluates a nonprofit organization’s financial health including measures of stability, efficiency and sustainability. We also track accountability and transparency policies to ensure the good governance and integrity of the organization.




Exceptional

This charity's score is 95.94, earning it a 4-Star rating. Donors can "Give with Confidence" to this charity. 

This score is calculated from two sub-scores:

This score represents Form 990 data from 2019, the latest year published by the IRS.

View this organization’s historical ratings.


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Star Rated Report

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Program Expense

Program Expense Ratio

93.6%


The Program Expense Ratio is determined by Program Expenses divided by Total Expense (average of most recent three 990s).


This measure reflects the percent of its total expenses a charity spends on the programs and services it exists to deliver. Dividing a charity's average program expenses by its average total functional expenses yields this percentage. We calculate the charity's average expenses over its three most recent fiscal years.


Source: IRS Form 990

Administrative Expenses

5.0%


As reported by charities on their IRS Form 990, this measure reflects what percent of its total budget a charity spends on overhead, administrative staff and associated costs, and organizational meetings. Dividing a charity's average administrative expenses by its average total functional expenses yields this percentage. We calculate the charity's average expenses over its three most recent fiscal years.


Source: IRS Form 990

Fundraising Expenses

1.3%


This measure reflects what a charity spends to raise money. Fundraising expenses can include campaign printing, publicity, mailing, and staffing and costs incurred in soliciting donations, memberships, and grants. Dividing a charity's average fundraising expenses by its average total functional expenses yields this percentage. We calculate the charity's average expenses over its three most recent fiscal years.


Source: IRS Form 990

Liabilities to Assets Ratio

0.1%


The Liabilities to Assets Ratio is determined by Total Liabilities divided by Total Assets (most recent 990).


Part of our goal in rating the financial performance of charities is to help donors assess the financial capacity and sustainability of a charity. As do organizations in other sectors, charities must be mindful of their management of total liabilites in relation to their total assets. This ratio is an indicator of an organization’s solvency and or long term sustainability. Dividing a charity's total liabilities by its total assets yields this percentage.


Source: IRS Form 990

Fundraising Efficiency

$0.02


The amount spent to raise $1 in charitable contributions. To calculate a charity's fundraising efficiency, we divide its average fundraising expenses by the average total contributions it receives. We calculate the charity's average expenses and average contributions over its three most recent fiscal years.


Source: IRS Form 990

Working Capital Ratio

1.49 years


Determines how long a charity could sustain its level of spending using its net available assets, or working capital, as reported on its most recently filed Form 990. We include in a charity's working capital unrestricted and temporarily restricted net assets, and exclude permanently restricted net assets. Dividing these net available assets in the most recent year by a charity's average total expenses, yields the working capital ratio. We calculate the charity's average total expenses over its three most recent fiscal years.


Source: IRS Form 990

Program Expense Growth

4.26%


We compute the average annual growth of program expenses using the following formula: [(Yn/Y0)(1/n)]-1, where Y0 is a charity's program expenses in the first year of the interval analyzed, Yn is the charity's program expenses in the most recent year, and n is the interval of years passed between Y0 and Yn.


Source: IRS Form 990

Governance


Charity Navigator looks to confirm on the Form 990 that the organization has these governance practices in place.


Sources Include: IRS Form 990

Governance:
Independent Voting Board Members  ... (More)
No Material Diversion of Assets ... (More)

A diversion of assets – any unauthorized conversion or use of the organization's assets other than for the organization's authorized purposes, including but not limited to embezzlement or theft – can seriously call into question a charity's financial integrity. We check the charity's last two Forms 990 to see if the charity has reported any diversion of assets. If the charity does report a diversion, then we check to see if it complied with the Form 990 instructions by describing what happened and its corrective action. This metric will be assigned to one of the following categories:

  • Full Credit: There has been no diversion of assets within the last two years.

  • Partial Credit: There has been a diversion of assets within the last two years and the charity has used Schedule O on the Form 990 to explain: the nature of the diversion, the amount of money or property involved and the corrective action taken to address the matter. In this situation, we deduct 7 points from the charity's Accountability and Transparency score.
  • No Credit: There has been a diversion of assets within the last two years and the charity's explanation on Schedule O is either non-existent or not sufficient. In this case, we deduct 15 points from the charity's Accountability and Transparency score.
(Less)
Audited Financials Prepared by Independent Accountant ... (More)

Audited financial statements provide important information about financial accountability and accuracy. They should be prepared by an independent accountant with oversight from an audit committee. (It is not necessary that the audit committee be a separate committee. Often at smaller charities, it falls within the responsibilities of the finance committee or the executive committee.) The committee provides an important oversight layer between the management of the organization, which is responsible for the financial information reported, and the independent accountant, who reviews the financials and issues an opinion based on its findings. We check the charity's Form 990 reporting to see if it meets this criteria.

  • Full Credit: The charity's audited financials were prepared by an independent accountant with an audit oversight committee.

  • Partial Credit: The charity's audited financials were prepared by an independent accountant, but it did not have an audit oversight committee. In this case, we deduct 7 points from the charity's Accountability and Transparency score.
  • No Credit: The charity did not have its audited financials prepared by an independent accountant. In this case, we deduct 15 points from the charity's Accountability and Transparency score.
(Less)
Does Not Provide Loan(s) to or Receive Loan(s) From Related Parties ... (More)
Documents Board Meeting Minutes ... (More)
Distributes 990 to Board Before Filing ... (More)
Compensates Board ... (More)

Policies


Charity Navigator looks to confirm on the Form 990, or for some metrics on the charity's website, that the organization has these policies in place.


Sources Include: IRS Form 990 and organization's website

Policies:
Conflict of Interest  ... (More)
Whistleblower ... (More)
Records Retention and Destruction ... (More)
CEO Compensation Process ... (More)
Donor Privacy ... (More)

Donors have expressed extreme concern about the use of their personal information by charities and the desire to have this information kept confidential. The exchanging and sale of lists for telemarketing and the mass distribution of "junk mail," among other things, can be minimized if the charity assures the privacy of its donors. Privacy policies are assigned to one of the following categories:

  • Yes: This charity has a written donor privacy policy published on its website, which states unambiguously that (1) it will not share or sell a donor's personal information with anyone else, nor send donor mailings on behalf of other organizations or (2) it will only share or sell personal information once the donor has given the charity specific permission to do so.

  • Opt-out: The charity has a written privacy policy published on its website which enables donors to tell the charity to remove their names and contact information from lists the charity shares or sells. How a donor can have themselves removed from a list differs from one charity to the next, but any and all opt-out policies require donors to take specific action to protect their privacy.
  • No: This charity either does not have a written donor privacy policy in place to protect their contributors' personal information, or the existing policy does not meet our criteria.

The privacy policy must be specific to donor information. A general website policy which references "visitor" or "user" personal information will not suffice. A policy that refers to donor information collected on the website is also not sufficient as the policy must be comprehensive and applicable to both online and offline donors. The existence of a privacy policy of any type does not prohibit the charity itself from contacting the donor for informational, educational, or solicitation purposes.

(Less)

Transparency


Charity Navigator looks to confirm on the Form 990, or for some metrics on the charity's website, that the organization makes this information easily accessible.


Sources Include: IRS Form 990 and organization's website

Transparency:
CEO Salary Listed on 990 ... (More)
Board of Directors Listed on Website ... (More)
Key Staff Listed on Website ... (More)
Audited Financial Statements on Website ... (More)
Form 990 Available on Website ... (More)

Additional Information

Unscored

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Total Revenue and Expenses

Total Revenue and Expenses

This chart displays the trend of revenue and expenses over the past several years for this organization, as reported on their IRS Form 990.

Salary of Key Persons

Presented here are this organizations key compensated staff members as identified by our analysts. This compensation data includes salary, cash bonuses and expense accounts and is displayed exactly how it is reported to the IRS. The amounts do not include nontaxable benefits, deferred compensation, or other amounts not reported on W-2. In some cases, these amounts may include compensation from related organizations. Read the IRS policies for compensation reporting



Sterling Tanner, President

$159,160 (4.88% of Total Expenses)


Source: IRS Form 990 (page 7), filing year 2019

Business Master File Data

Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. Learn more about the BMF on the IRS website


Activities:

Described in section 170(b)1)(a)(vi) of the Code (BMF activity code: 994)

Gifts, grants, or loans to other organizations (BMF activity code: 602)


Foundation Status:

Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi) (BMF foundation code: 15)


Affiliation:

Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). (BMF affiliation code: 3)

Data Sources: IRS Forms 990

The Form 990 is a document that nonprofit organizations file with the IRS annually. We leverage finance and accountability data from it to form Encompass ratings. Click here to view this organization's Forms 990 on the IRS website (if any are available).

Pandemic Response

Due to the unprecedented nature of the pandemic, we give charities such as this one the opportunity to share the story of COVID's impact on them. Charities may submit their own pandemic responses through their nonprofit portal.


Forever Young Foundation reported being impacted by COVID-19 in the following ways:
  • Program Delivery

  • Fundraising Capacity

  • Revenue

  • Administrative Capacity

  • Grants Received

  • Grants Sent

  • Balance Sheet


How COVID-19 impacted the organization's operations financially:

Events took a direct hit. Our Ski Classic was able to convert to a virtual event resulting in only a 20% drop-off. Desert Classic was cancelled but gave sponsors an opportunity to play at Pebble Beach as part of the Bay Area event, recouping about 50% of our typical revenue. A downsized Mountain Classic was only down about 10%. The Bay Area Classic was full and held at Pebble Beach. Overall net event revenue was only down by about 15% from a year ago. Many companies that would contribute to our efforts found themselves financially hurting or more cautious in their distribution of funds.


How COVID-19 impacted the organization's delivery of programs:

Social distancing impacted each of our programs. Our 8 to 80 mass media/ gaming centers were shut down. Sophie's Place Music Therapy was shut down, our Forever Young Institutes and events were cancelled.


How this organization adapted to changing conditions caused by COVID-19:

By pivoting service to our Family of Charities by holding weekly Zoom sessions to help nonprofits refocus on the principles of the FY Institute & being proactive in facing their COVID-affected landscape, sharing best practices. Sophie's Music Therapy sessions were supported through Zoom calls and our adaptive athletes were provided "celebrity" work out sessions via zoom, our 8 to 80 Zones became learning hubs. We created virtual fundraising galas to support our adaptive program. FYF joined forces with Utah Pay it Forward, soliciting donations from our sponsors to purchase food from local Utah restaurants who in turn would deliver healthy meals to families, supporting both restaurants & families in need. Steve used his radio segment on KNBR, by installing a Hero of the Week show, where he gave shout outs to those unsung Bay Area heroes that were lifting up so many in need. Inviting listeners to support their efforts. Overall net event revenue was only down by about 15% from a year ago.


Innovations the organization intends to continue permanently after the pandemic:

We continue to see the need to support virtual programing for our homebound student athletes and mass media teams. It has opened our eyes to the ability to serve the homebound youth population that typically could not take part in the Music Therapy and STEAM programing we support. Forever Young Foundation understands that through Zoom and virtual meetings we have more opportunities to share best practices and trainings amongst our family of charities internationally and with more frequency.


Historical Ratings

Date PublishedForm 990 FYEOverall ScoreOverall Rating
Rating Version: 2.1
7/1/20212019 95.94
6/1/20202018 95.53
5/1/20192017 92.92
6/1/20182016 96.11
7/1/20172015 100.00
6/1/20162014 98.64
Rating Version: 2.0
9/1/20152013 99.56
8/3/20152013 97.13

This organization received multiple star ratings within this fiscal year, due to an update to it's Accountability and Transparency data and/or the receipt of an amended Form 990.

4/1/20142012 99.54
9/1/20132011 75.85

...   Impact & Results


This score estimates the actual impact a nonprofit has on the lives of those it serves, and determines whether it is making good use of donor resources to achieve that impact.


Impact & Results Score

Not Currently Scored

Forever Young Foundation cannot currently be evaluated by our Encompass Rating Impact & Results methodology because either (A) it is eligible, but we have not yet received data; (B) we have not yet developed an algorithm to estimate its programmatic impact; (C) its programs are not direct services; or (D) it is not heavily reliant on contributions from individual donors.

Note: The absence of a score does not indicate a positive or negative assessment, it only indicates that we have not yet evaluated the organization.

Learn more about Impact & Results.

Do you work at Forever Young Foundation? Join the waitlist for an updated Impact & Results score.


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Additional Information

Unscored

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Largest Programs

Largest Programs



Forever Young Foundation reported its three largest programs on its FY 2019 Form 990 as:


$1,507,484

Spent in most recent FY

49%

Percent of program expenses


BENEFITING CHILDREN SUFFERING FROM MEDICAL CHALLENGES AND DISABILITIES THROUGH PROVIDING HEALING OPPORTUNITIES TO BOTH BODY AND SPIRIT. THIS IS ACCOMPLISHED THROUGH OFFERING PROGRAMMING, BUILDING MUSI ... (More)


$818,949

Spent in most recent FY

26%

Percent of program expenses


SUPPORTING AT-RISK CHILDREN THROUGH THE FUNDING OF MULTIMEDIA TECHNOLOGY CENTERS (FOREVER YOUNG ZONES, 8 TO 80 ZONES), PROVIDING SCHOLARSHIPS TO BEHAVORIAL TREATMENT CENTERS, AND FUNDING COMMUNITY PAR ... (More)


$376,336

Spent in most recent FY

12%

Percent of program expenses


PROVIDING EDUCATIONAL OPPORTUNITIES FOR CHILDREN IN UNDERSERVED AREAS THROUGH BUILDING SCHOOLS, FUNDING SCHOLARSHIPS, AND MAKING STATE OF THE ART TECHNOLOGY AVAILABLE


...   Leadership & Adaptability


This score provides an assessment of the organization's leadership capacity, strategic thinking and planning, and ability to innovate or respond to changes in constituent demand/need or other relevant social and economic conditions to achieve the organization's mission.


Leadership & Adaptability Score

100

out of 100

The score earned by Forever Young Foundation is a passing score.

Encompass Rating V4 provides an evaluation of the organization's Leadership & Adaptability through the nonprofit organization submitting a survey response directly to Charity Navigator.


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Leadership & Adaptability Report

100

of 100 points

Mission

The nonprofit organization presents evidence of strategic thinking through articulating the organization’s mission


FOREVER YOUNG FOUNDATION Passing on hope and resources for the development, strength, and education of children


Source: Nonprofit submitted responses

Vision

The nonprofit organization presents evidence of strategic thinking through articulating the organization’s vision.


Forever Young Foundation is focused on passing on hope and resources for the development, strength, and education of children. The Foundation serves children facing significant physical, emotional, and financial challenges by providing them with academic, athletic, and therapeutic opportunities currently unavailable to them. Programing include FY Zones and 8 to 80 Zones, which provide technology and multimedia labs for those living in underserved communities as well as state-of-the-art interactive play areas in children’s hospitals. Sophie’s Place, provides dedicated music therapy facilities in children’s hospitals. These spaces care for young people suffering from pain, chronic illness, and serious injury. Our international initiatives include the building and expansion of schools in Africa, enhancing health, educational opportunities for African youth. We devote resources supporting other nonprofits through our Nonprofit Institute and grant making.


Source: Nonprofit submitted responses

Strategic Goals

The nonprofit organization presents evidence of strategic thinking and goal setting through sharing their most important strategic goals.


Goal One: Sophie's Place. Dedicated Music therapy rooms in children’s hospitals treating youth suffering from pain, chronic illness, and serious injury. Integrative medical approach to prescriptive med.

Goal Type: Grow, expand, scale or increase access to the existing programs and services.


Goal Two: 8 to 80 Zones: athletic facilities, playrooms in children’s hospitals, or tech spaces in youth community centers, Forever Young Zones are created to inspire young minds and motivate active lifestyles.

Goal Type: Grow, expand, scale or increase access to the existing programs and services.


Goal Three: FY Institute Inspires nonprofit leaders & helps build sustainable orgs. Charities learn to hold themselves accountable to their donors while keeping the board, staff, & volunteers focused on results.

Goal Type: This goal reflects our commitment to further our advocacy work for our organization and or cause area.


Source: Nonprofit submitted responses

Leadership Development

The nonprofit provides evidence of investment in leadership development


Describe an investment in leadership

We are small and each of us have the ability to make decisions on directions and supporting non profits. We recently held a Forever Young Family of Charities conference in September. The purpose is to bring together our charities in a setting where we all can share best practices, resources, challenges, and provide opportunities to network. The conference was held at our new Forever Young Zone on the Red Barn Academy campus in Farmington, Utah. There was also be an option to join virtually. We take part in Charity Navigator Virtual trainings as well as other industry mentors.

Source: Nonprofit submitted responses

Mobilizing for Mission

The nonprofit provides evidence of leadership through focusing externally and mobilizing resources for the mission.


This organization mobilizes for mission in the following ways:
  • Strategic Partnerships

  • Networks of Collective Impact Efforts

  • Thought Leadership

  • Raising Awareness

  • Community Building

  • Policy Advocacy

What are this organization’s external mobilizaton efforts?

All boxes are easily checked. We have an active board, deeply involved in our efforts to support Music Therapy, STEAM education, our family of charities success and work. Steve Young and his business partner have FYF involved with their for profit efforts, networking and sharing development hopes as well as learning about their companies community support hopes. Social Corporate Responsibility is the foundation on which Steve Young's for profit company was built. Steve continues to share FYF's messaging through his celebrity media platform. Both Steve and Barb Young have written to government agencies with the hope of expanding the need, vision and work of music therapy and our Sophie's Places. The 8 to 80 Zones have huge impact tech learning and now supporting distanced learning. As answered above, we not only attend conferences but we host them. We place great value in team learning and networking.

Source: Nonprofit submitted responses

Story of Adaptability

The nonprofit has an opportunity to tell the story of how the organization adapted to tremendous external changes in the last year.


Pivoting service to our Family of Charities by holding weekly Zoom sessions to help nonprofits refocus on the principles of the FY Institute and to be proactive in facing their COVID-affected landscape, sharing best practices. Sophie's Music Therapy sessions were supported through Zoom calls and our adaptive athletes were provided "celebrity" work out sessions via zoom ~ we also created online fundraising galas to support our adaptive program. FYF joined forces with Utah Pay it Forward, soliciting donations from our sponsors to purchase food from local Utah restaurants who in turn would deliver healthy meals to families, supporting both restaurants & families in need. Steve used his radio segment on KNBR, by installing a Hero of the Week show, where he gave shout outs to those unsung Bay Area heroes that were lifting up so many in need. Inviting listeners to support their efforts. Our Ski Classic was able to convert to a virtual event resulting in only a 20% drop-off. Desert Classic was cancelled but gave sponsors an opportunity to play at Pebble Beach as part of the Bay Area event, recouping about 50% of our typical revenue. A downsized Mountain Classic was only down about 10%. The Bay Area Classic was full and held at Pebble Beach. Overall net event revenue was only down by about 15% from a year ago.

Source: Nonprofit submitted responses

...   Culture & Community


This score provides an assessment of the organization's engagement with the constituents it serves, a practice we term Constituent Feedback. When organizations listen to constituents, they are able to better deliver on programs and meet the needs of stakeholders. A future version of this Beacon will also assess an organization's people operations and its Diversity, Equity and Inclusion (DEI) metrics.


Culture & Community Score

Not Currently Scored

Forever Young Foundation is currently not eligible for a Culture & Community score because we have not received its Constituent Feedback data. Nonprofit organizations are encouraged to fill out the How We Listen section of their Candid profile. This data will provide the basis for the initial evaluation of Culture & Community.

Note: The absence of a score does not indicate a positive or negative assessment, it only indicates that we have not yet evaluated the organization.


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Culture & Community Report

Unscored

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Constituent Feedback

Constituent Feedback


Constituent Feedback and Listening Practice data are not available for this organization. Nonprofit organizations are encouraged to fill out the How We Listen section of their Candid profile. This data will provide the basis for the initial evaluation of Culture & Community.


Charity Navigator believes nonprofit organizations that engage in inclusive practices, such as collecting feedback from the people and communities they serve, may be more effective. We award every nonprofit that completes the Candid survey full credit for this Beacon, in recognition of their willingness to publicly share this information with the nonprofit and philanthropic communities. Although the data is not evaluated for quality at this time, future iterations of this Beacon will include third party or other data that will serve to validate the information provided by the nonprofit.

Analysis and Research


Like the overall Encompass Rating System, the Culture & Community Beacon is designed to evolve as metrics are developed and ready for integration. Our partnership with Feedback Labs and Guidestar by Candid, and other partners including Fund for Shared Insight, GlobalGiving, and Keystone Accountability, enables us to launch the first version of this beacon with Constituent Feedback information collected on Candid's site.


Feedback practices have been shown to support better Diversity, Equity, and Inclusion outcomes, an essential area of assessment that we intend to further expand and develop in the future. Feedback Labs has documented several studies which indicate that beyond achieving organizational goals, nonprofits that are attentive and responsive to concerns and ideas raised by beneficiaries establish stronger relationships with the people they serve, promote greater equity, and empower constituents in ways that can help to ensure better long-term outcomes. You can find resources to help nonprofits improve their feedback practices here.

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