Degood Foundation
- Assets
- $78.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport News, VA
- Founding
- 11/2017
- Data as of
- 12/2021
- EIN
- 82-3264889
Organization Overview
Degood Foundation is located in Newport News, VA. The organization was established in 2017. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, 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. Degood Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
IMAGINATION LIBRARY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
April Cobos Board Chair | 0.5 | $0 | |
Kyle Degood Executive Director | 0 | $0 | |
Ethan Martin Board Secretary | 0.5 | $0 | |
Diane Umstead Board Member | 0.25 | $0 | |
Floyd Bond Board Member | 0.25 | $0 | |
Erica Dews Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,030 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $24,981 |
| Other Revenue | $100,992 |
| Total Revenue | $192,003 |
| 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 | $1,750 |
| Occupancy, rent, utilities, and maintenance | $6,788 |
| Printing, publications, postage, and shipping | $174 |
| Other expenses | $145,794 |
| Total expenses | $154,506 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,565 |
| Other assets | $0 |
| Total assets | $78,462 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,462 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Degood Foundation has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Organization Name not Listed PURPOSE: SUPPORT RECIPIENT'S TAX EXEMPT PROGRAM | | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Latin American Youth Center Inc Washington, DC | $10,670,329 | $17,753,295 |
Neighborhood Youth Leadership Inc Vass, NC | $7,695,228 | $7,596,341 |
National Network To End Domestic Violence Inc Washington, DC | $5,294,679 | $6,377,066 |
Maryland Soccer Foundation Inc Boyds, MD | $16,325,043 | $5,386,323 |
Asae Research Foundation Washington, DC | $26,488,111 | $1,430,947 |
Great Falls-Reston Soccer Club Great Falls, VA | $1,898,429 | $2,810,731 |
Leaders Of Tomorrow Youth Center Inc Owings Mills, MD | $477,801 | $1,453,303 |
Little Lights Urban Ministries Washington, DC | $2,707,367 | $1,941,038 |
City Kids To Wilderness Project Inc Washington, DC | $3,312,085 | $1,907,297 |
Southwestern Youth Association Inc Centreville, VA | $3,423,364 | $1,936,325 |
Coalition For Kids Inc Johnson City, TN | $1,061,508 | $1,620,502 |
Boys And Girls Club Of Transylvania County Inc Brevard, NC | $5,160,904 | $1,796,583 |