Fredericksburg Area Youth Development Foundation
- Assets
- $247.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fredericksburg, VA
- Founding
- 12/2012
- Data as of
- 12/2023
- EIN
- 45-1857159
Organization Overview
Fredericksburg Area Youth Development Foundation is located in Fredericksburg, VA. The organization was established in 2012. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fredericksburg Area Youth Development Foundation 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 12/2023, Fredericksburg Area Youth Development Foundation generated $117.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $96.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald H Holmes Chairman | 0 | $0 | |
Jeffrey N Rouse Vice Chairma | 0 | $0 | |
Richard G Frank Treasurer | 0 | $0 | |
Lisa Ferreira Secretary | 0 | $0 | |
William J Lynch Jr Past Chairma | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,142 |
| Total Program Service Revenue | $45,098 |
| Membership dues | $0 |
| Investment income | $4,383 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,389 |
| Other Revenue | $0 |
| Total Revenue | $117,012 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $35,253 |
| Occupancy, rent, utilities, and maintenance | $48,644 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,126 |
| Total expenses | $96,023 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $196,464 |
| Other assets | $0 |
| Total assets | $247,468 |
| Total liabilities | $0 |
| Net assets or fund balances | $247,468 |