Navy Supply Corps Foundation Incorporated

Organization Overview

Navy Supply Corps Foundation Incorporated is located in Watkinsville, GA. The organization was established in 1971. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2022, Navy Supply Corps Foundation Incorporated employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Navy Supply Corps Foundation Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Navy Supply Corps Foundation Incorporated generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 8.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE NAVY SUPPLY CORPS FOUNDATION PROVIDES PROGRAMS AND SERVICES TO SUPPORT THE NAVY SUPPLY CORPS COMMUNITY AND PROMOTE ITS HERITAGE AND TRADITIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE NSCF SCHOLARSHIP PROGRAM PROVIDES FINANCIAL ASSISTANCE TO FAMILY MEMBERS (CHILD, GRANDCHILD OR SPOUSE) OF A QUALIFYING NAVY SUPPLY CORPS OFFICER (ACTIVE DUTY, RESERVIST, RETIRED, OR PRIOR SERVICE) OR SUPPLY ENLISTED MEMBER (ACTIVE DUTY, RESERVIST, OR RETIRED) FOR UNDERGRADUATE STUDIES AT AN ACCREDITED TWO OR FOUR YEAR POST-SECONDARY SCHOOL INSTITUTION.


CHAPTER DEVELOPMENT AND SUPPORT


HERITAGE/LEGACY PROGRAMS SEEK TO RECOGNIZE THE HISTORY OF THE SUPPLY CORPS INCLUDING EXHIBITS AND EVENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Capt Daniel Pionk
Executive Dir.
$105,000
Cdr Marcus Thomas
Secretary
$0
Capt John L Kiser
Past Chairman
$0
Radm Linda Bird
Past Chairman
$0
Capt Mark Murphy
Treasurer
$0
Radm Mike Lyden
Chairman
$0

Financial Statements

Statement of Revenue
Federated campaigns$5,121
Membership dues$0
Fundraising events$0
Related organizations$338,840
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$456,063
Noncash contributions included in lines 1a–1f $10,262
Total Revenue from Contributions, Gifts, Grants & Similar$800,024
Total Program Service Revenue$0
Investment income $165,377
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $217,295
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $2,469
Miscellaneous Revenue$0
Total Revenue $1,185,165

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