National Guard Youth Foundation
- Assets
- $354.2k
- Revenue
- $89.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Washington, DC
- Founding
- 06/1999
- Data as of
- 06/2023
- EIN
- 54-1940978
Organization Overview
National Guard Youth Foundation is located in Washington, DC. The organization was established in 1999. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2023, National Guard Youth Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Guard Youth 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 06/2023, National Guard Youth Foundation generated $89.6k 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 (31.8%) each year. All expenses for the organization totaled $129.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (25.7%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE NGYF SUPPORTS THE NATIONAL GUARD YOUTH CHALLENGE PROGRAM (NGYCP) AND ADVOCATES ON ITS BEHALF. JOINTLY FUNDED BY THE FEDERAL AND STATE GOVERNMENTS, NGYCP PROVIDES A 17-MONTH RIGOROUS EDUCATIONAL PROGRAM, INCLUDING A 22-WEEK LONG RESIDENTIAL PHASE, FOR HIGH SCHOOL DROPOUTS. PARTICIPANTS RECEIVE ACADEMIC TRAINING LEADING TO CREDIT RECOVERY, A GED, OR A HIGH SCHOOL DIPLOMA AS WELL AS EXTENSIVE TRAINING IN LEADERSHIP AND LIFE SKILLS.THE FOUNDATION'S CONTRIBUTIONS TO THE PROGRAM INCLUDE RAISING NATIONAL AWARENESS ABOUT THE HIGH SCHOOL COMPLETION CRISIS AND THE NATIONAL GUARD YOUTH CHALLENGE SOLUTION; ADVOCATING TO STATE AND FEDERAL GOVERNMENTS FOR FUNDING AND SUPPORT, IN COORDINATION WITH STATE FOUNDATIONS; SOLICITING PARTNERS TO ENHANCE QUALITY AND POST-GRADUATION PERFORMANCE; AND ENSURING MEASUREMENT OF THE PROGRAM'S IMPACT, EFFECTIVENESS AND COST/BENEFIT RETURN-ON-INVESTMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARENESS AND ADVOCACY: NGYF EXECUTES AN ONGOING CAMPAIGN THROUGH LOCAL AND NATIONAL EVENTS TO MAKE THE PUBLIC AWARE OF THE DROPOUT PROBLEM AND THE SUCCESS CHALLENGE IS EXPERIENCING IN COMBATING THE ISSUE. THIS INCLUDES PROVIDING GUIDANCE ON SOCIAL MEDIA, ENGAGING LOCAL AND NATIONAL MEDIA, AND MAKING SURE LAWMAKERS AND DECISION MAKERS ARE AWARE OF THE BENEFITS OF THE PROGRAM.
ALUMNI RELATIONS
CAREER READINESS AND WORKFORCE DEVELOPMENT INITIATIVES BRING TOGETHER A NETWORK OF SUPPORTING ORGANIZATIONS AND PARTNERS THAT PROVIDES SKILLS TRAINING, WORKFORCE DEVELOPMENT, JOB PLACEMENT, SCHOLARSHIP FUNDING AND ACCESS TO TECHNICAL PROGRAMS DIRECTLY TO CHALLENGE GRADUATES TO PREPARE THEM TO MEET THE GROWING DEMANDS OF THE WORKFORCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gen Craig Mckinley Ret Director | Trustee | 0.3 | $0 |
Christopher Jehn Treasurer | OfficerTrustee | 2 | $0 |
Kim Wincup Director | Trustee | 0.3 | $0 |
Lt Gen John B Conaway Ret Director | Trustee | 0.3 | $0 |
Mg Errol Schwartz Ret Chairman | OfficerTrustee | 4 | $0 |
Mg Marty Umbarger Ret Director | Trustee | 0.3 | $0 |
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 | $84,208 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,208 |
| Total Program Service Revenue | $0 |
| Investment income | $5,333 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $89,584 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $12,345 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $7,197 |
| Compensation of current officers, directors, key employees. | $6,529 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,787 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,178 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,177 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,922 |
| Advertising and promotion | $0 |
| Office expenses | $21,041 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $40 |
| 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 | $389 |
| Insurance | $0 |
| All other expenses | $98 |
| Total functional expenses | $129,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,972 |
| Savings and temporary cash investments | $36,864 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $356 |
| Investments—publicly traded securities | $306,994 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $354,186 |
| Accounts payable and accrued expenses | $1,147 |
| 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 | $1,147 |
| Net assets without donor restrictions | $333,199 |
| Net assets with donor restrictions | $19,840 |
| 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 | $354,186 |