Young Marines National Foundation
- Assets
- $3.8m
- Revenue
- $140.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Petersburg, FL
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-3937785
Organization Overview
Young Marines National Foundation is located in Saint Petersburg, FL. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Marines National 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 12/2022, Young Marines National Foundation generated $140.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (30.0%) each year. All expenses for the organization totaled $165.7k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE YOUNG MARINES NATIONAL FOUNDATION IS TO FINANCIALLY SUPPORT THE MISSION, VALUES, AND PROGRAMS OF THE YOUNG MARINES BY THE SOLICITATION, PRESERVATION, AND DISTRIBUTION OF GIFTS, GRANTS, AND MATCHING FUNDS FROM INDIVIDUALS,
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE YOUNG MARINES NATIONAL FOUNDATION FINANCIALLY SUPPORTS THE FOLLOWING PROGRAMS OF THE YOUNG MARINES:1. DRUG DEMAND REDUCTION EFFORTS - THE YOUNG MARINES PARTICIPATE IN YEAR ROUND, ONGOING TRAINING AND ACTIVITIES TO PROVDE EDUCATION AND HEALTH ALTERNATIVES TO ALL FORMS OF SUBSTANCE ABUSE.2. RESPONSIBLE CITIZENS - THE YOUNG MARRINES PARTICIPATE IN YEAR ROUND ONGOING VOLUNTEER EFFORTS TO PAY TRIBUTE TO VETERANS, RESTORE OPEN SPACES AND CONTRIBUTE TO PEOPE IN NEED.3. RED RIBBON WEEK - THE YOUNG MARINES NATIONAL CAMPAIGN INCLUDES HELPING ALL AMERICANS COME TOGETHER TO KEEP CHILDREN, FAMILIES AND COMMUNITIES SAFE, HEALTHY AND DRUG FREE THROUGH PARENT TRAINING AND NETWORKING. YOUNG MARINES UNITS ACROSS AMERICA PARTICIPATE EVERY YEAR IN RED RIBBON WEEK BY TEACHING PEER TO PEER CLASSES AND BEING A POSITIVE ROLE MODEL.4. VETERANS APPRECIATION WEEK - FOR ONE WEEK IN NOVEMBER EACH YEAR, YOUNG MARINES UNITS ACROSS THE COUNTRY CELEBRATE YOUNG MARINES VETERANS APPRECIATION WEEK. THE PURPOSE OF THE CAMPAIGN IS TO CHALLENGE OUR YOUNG MARINES TO DEDICATE SOME OF THEIR TIME TO HELP OUR NATION'S VETERANS AND TO DEMONSTRATE, THROUGH THEIR ACTIONS, THEIR SINCERE APPRECIATION FOR OUR VETERNAN'S SERVICE TO OUR COUNTRY.5. LEADERSHIP DEVELOPMENT - FINANCIAL SUPPORT IS PROVIDED TO YOUNG MARINES RELATED TO THEIR LEADERSHIP ACADEMY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Kessler Chairman | OfficerTrustee | 2 | $0 |
John Alexander Trustee | OfficerTrustee | 2 | $0 |
Michael Zeliff Executive Director | OfficerTrustee | 10 | $30,000 |
James Kessler Treasurer | OfficerTrustee | 2 | $0 |
David Webb Trustee | OfficerTrustee | 2 | $0 |
Sheryl Murray Secretary | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ayni Brigade Llc Advertising | 12/30/19 | $148,409 |
Graham-pelton Fundraising | 12/30/19 | $277,388 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,619 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,619 |
| Total Program Service Revenue | $0 |
| Investment income | $58,675 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $60,369 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $140,058 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $30,000 |
| Compensation of current officers, directors, key employees. | $12,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,001 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $45,494 |
| Fees for services: Investment Management | $28,494 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $717 |
| Information technology | $2,125 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $24,677 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,829 |
| All other expenses | $0 |
| Total functional expenses | $165,724 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,203 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $514 |
| 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 | $269,167 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,435,939 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,768,823 |
| Accounts payable and accrued expenses | $3,355 |
| 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 | $3,355 |
| Net assets without donor restrictions | $3,765,468 |
| Net assets with donor restrictions | $0 |
| 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 | $3,768,823 |