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First Place for Youth Rating Summary


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First Place for Youth Rating Summary

  1. 1. NPI Evaluation of First Place for Youth NPI Rating: BUY Rating as of 1/30/2013 Analyst: Rich Scudellari
  2. 2. NPI Rating: BUYThrough a staunch commitment to hiring qualityemployees and consistently tracking relevant data, FirstPlace for Youth has built a high quality program, whichcontinues to generate positive results for participantsand has become a model program for supporting youthtransitioning out of foster care.
  3. 3. First Place for Youth: Strengths▲ Well-defined mission has been thoughtfully crafted into an effective and precisely executed program model.▲ First Place for Youth has helped 92% of participants exit the My First Place program in stable housing (compared to 40% of exiting foster care participants) and 55% exit employed (compared to 29% of former foster youths).▲ The executive leadership team does an excellent job of hiring quality employees, instilling in them a “youth first” mindset and self-policing which ensures youth are receiving the most effective support.▲ Commitment to data tracking ensures that First Place for Youth is providing effective care to youth and generating positive outcomes for program participants.
  4. 4. First Place for Youth: Cautions● Heavy reliance on government funding can cause working capital issues between July and November as the government fiscal year comes to a close and subsequently reopens. Although cash can be tight during these months, the risks are mitigated by an experienced management team, private funding and access to a $1MM credit line.● High turnover rates amongst case managers (Youth Advocates and Education and Employment Specialists) negatively impact the relationships built by program participants within the organization.
  5. 5. More Information• Access the full research report for free here:• To provide feedback on the report, please either comment directly on our website or contact us directly:
  6. 6. About NPI• Nonprofit Investor publishes detailed, peer-reviewed evaluations of charities written by business leaders with due diligence expertise. All research reports are free to download:• Follow NPI: – Twitter: @nonprofitinvest – Quora Blog: – Facebook:• NPI is a 501(c)(3) charity (EIN: 45‐3627609)