Marvin Freeman Youth Foundation Incorporated
- Assets
- $34.3k
- Revenue
- $39.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Smyrna, GA
- Founding
- 02/2019
- Data as of
- 11/2023
- EIN
- 83-2698019
Organization Overview
Marvin Freeman Youth Foundation Incorporated is located in Smyrna, GA. The organization was established in 2019. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marvin Freeman Youth Foundation Incorporated 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 11/2023, Marvin Freeman Youth Foundation Incorporated generated $39.6k in total revenue. All expenses for the organization totaled $7.3k during the year ending 11/2023. While expenses have increased by 98.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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 |
|---|---|---|---|
Marvin Freeman CEO | 0 | $0 | |
Arnetta K Freeman CFO And Secretary | 0 | $0 | |
Paris Freeman COO | 0 | $0 | |
Deidra Freeman Education Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $39,638 |
| 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 | $39,638 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $573 |
| Depreciation | $0 |
| Occupancy | $564 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,133 |
| Total operating and administrative expenses | $3,620 |
| Contributions, gifts, grants paid | $3,700 |
| Total expenses and disbursements | $7,320 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,267 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $34,267 |
| 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, Marvin Freeman Youth Foundation Incorporated has awarded $3,700 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
KEITH OBRIEN COMMUNITY SERVICE SCHOLARSHIP PURPOSE: SCHOLARSHIP | $1,000 |
MARVIN FREEMAN YOUTH FOUNDATION PURPOSE: BASEBALL TRAINING OF LOW INCOME YOUTH | $1,835 |
MARVIN FREEMAN YOUTH FOUNDATION INC PURPOSE: SERVE LOW INCOME YOUTH | $865 |