Marine Corps League 708 Guardian Foundation Inc
- Assets
- $1.8k
- Revenue
- $7.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Brooksville, FL
- Founding
- Data as of
- 06/2023
- EIN
- 86-3963708
Organization Overview
Marine Corps League 708 Guardian Foundation Inc is located in Brooksville, FL. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, 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. Marine Corps League 708 Guardian Foundation Inc 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 06/2023, Marine Corps League 708 Guardian Foundation Inc generated $7.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (49.4%) each year. All expenses for the organization totaled $8.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (43.7%) per year over the past 2 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 |
|---|---|---|---|
Bradley Jay Bennett Director | 20 | $0 | |
James Bravico Director | 20 | $0 | |
Jose Infante Vice President | 20 | $0 | |
James R Reid Director | 20 | $0 | |
Daniel Rottino Director | 20 | $0 | |
Pedro Verge Vice President | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,325 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,325 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,575 |
| Total operating and administrative expenses | $5,006 |
| Contributions, gifts, grants paid | $3,221 |
| Total expenses and disbursements | $8,227 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,628 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $203 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,831 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Marine Corps League 708 Guardian Foundation Inc has awarded $3,221 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
JOE LAUREN RICHARDS PURPOSE: ASSISTANCE | $1,000 |
SPRING HILL DETACHMENT #708 MARINE CORPS LEAGUE INC PURPOSE: TO SUPPORT 501C4 PURPOSES | $2,000 |
WEST HERNANDO MIDDLE SCHOOL PURPOSE: ASSISTANCE | $221 |