Young Marines Of The Marine Corps League
- Assets
- $6.2m
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 15
- Location
- Dumfries, VA
- Founding
- 06/1981
- Data as of
- 09/2021
- EIN
- 38-2346425
Organization Overview
Young Marines Of The Marine Corps League, operating under the name Young Marines, is located in Dumfries, VA. The organization was established in 1981. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. As of 09/2021, Young Marines employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Marines 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 09/2021, Young Marines generated $6.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $6.2m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO POSITIVELY IMPACT AMERICA'S FUTURE BY PROVIDING QUALITY YOUTH DEVELOPMENT PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH AND ADULT PROGRAMS - THE ORGANIZATION HOLDS YOUTH PROGRAMS THAT ARE AIMED TO PROMOTE THE MENTAL, MORAL AND PHYSICAL DEVELOPMENT OF YOUNG AMERICANS BY PROVIDING A VARIETY OF ACTIVITIES DESIGNED TO DEVELOP SELF-ESTEEM, DISCIPLINE, CONFIDENCE AND A DRUG-FREE LIFESTYLE. ADDITIONALLY, THE ORGANIZATION HOLDS ADULT PROGRAMS THAT ARE AIMED TO HELP TRAIN SUPERVISORS TO RUN YOUTH PROGRAMS AND AID IN THE DEVELOPMENT OF YOUNG AMERICANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Davis Board Member/natl Exec Dir | OfficerTrustee | 40 | $193,071 |
Wilson Lee Deputy Director-East/chief | Officer | 40 | $128,009 |
William L Smith Chairman | OfficerTrustee | 5 | $0 |
Richard Yoder Vice Chairman | OfficerTrustee | 5 | $0 |
Melissa Crane Treasurer | OfficerTrustee | 5 | $0 |
Thomas Craig Secretary | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dynamic Enterprise Solutions Inc It Services | 9/29/21 | $149,600 |
Grpr Public Relations | 9/29/21 | $129,417 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $540,277 |
| Fundraising events | $1,106,341 |
| Related organizations | $0 |
| Government grants | $4,396,508 |
| All other contributions, gifts, grants, and similar amounts not included above | $85,426 |
| Noncash contributions included in lines 1a–1f | $49,329 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,128,552 |
| Total Program Service Revenue | $398,926 |
| Investment income | $21,651 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,076 |
| Net Income from Fundraising Events | $30,560 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,595,765 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $123,936 |
| Compensation of current officers, directors, key employees. | $368,717 |
| Compensation of current officers, directors, key employees. | $36,872 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $731,750 |
| Pension plan accruals and contributions | $54,932 |
| Other employee benefits | $138,068 |
| Payroll taxes | $70,086 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $37,788 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,969 |
| Fees for services: Other | $668,373 |
| Advertising and promotion | $14,160 |
| Office expenses | $365,593 |
| Information technology | $31,000 |
| Royalties | $0 |
| Occupancy | $138,212 |
| Travel | $27,442 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,341 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $80,480 |
| Insurance | $128,465 |
| All other expenses | $3,239,826 |
| Total functional expenses | $6,234,138 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,827,594 |
| Savings and temporary cash investments | $49,693 |
| Pledges and grants receivable | $644,134 |
| Accounts receivable, net | $3,214 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $235,861 |
| Net Land, buildings, and equipment | $158,171 |
| Investments—publicly traded securities | $1,275,462 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,000 |
| Total assets | $6,204,129 |
| Accounts payable and accrued expenses | $283,934 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $283,934 |
| Net assets without donor restrictions | $5,872,668 |
| Net assets with donor restrictions | $47,527 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,204,129 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Young Marines Of The Marine Corps League has recieved totaling $9,641.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $8,891 |
Pfizer Foundation Inc New York, NY PURPOSE: VOLUNTEER PROGRAM | $500 |
Organization Name not Listed PURPOSE: CHAIRABLE DONATION | | $200 |
Lamb Weston Charitable Foundation Eagle, ID PURPOSE: COMMUNITY SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Air Force Aid Society Inc Arlington, VA | $262,482,165 | $46,086,376 |
American Legion Bowling Green, KY | $1,050,755 | $11,898,405 |
The National Military Family Association Alexandria, VA | $8,448,648 | $9,411,080 |
Vietnam Veterans Of America Inc Silver Spring, MD | $22,711,920 | $10,930,074 |
United Service Organizations Inc Fort Myer, VA | $0 | $2,240,114 |
The Independence Fund Inc Charlotte, NC | $7,812,789 | $8,567,110 |
Marine Corps Association Quantico, VA | $17,818,262 | $7,455,788 |
Armed Services Mutual Benefit Association Goodlettsville, TN | $55,566,131 | $7,665,042 |
U S Naval Sea Cadet Corps Arlington, VA | $6,985,927 | $8,234,482 |
Women In Military Service For America Memorial Foundation Inc Arlington, VA | $11,722,569 | $5,876,595 |
Caring For Military Families The Elizabeth Dole Foundation Washington, DC | $8,548,001 | $7,173,277 |
Young Marines Of The Marine Corps League Dumfries, VA | $6,204,129 | $6,595,765 |