Form 990 for tax year 2024
Filed by UNITED STATES MARINES YOUTH FOUNDATION INC.
Totals
- Total revenue
- $119,206
- Total expenses
- $76,528
- Contributions and grants received
- $28,641
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $90,565
- Other revenue
- $0
- Total assets, end of year
- $1,008,483
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,008,483
- Program services expenses (Part IX)
- $55,353
- Management and general expenses
- $21,175
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $55,353
Program services were 72.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$28,641
-
3 · Investment income
total $70,140 · excluded $70,140
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $40,006
-
7b · Less cost or other basis and sales expenses
securities $19,581
-
7c · Gain or loss
securities $20,425
-
7d · Net gain or loss
total $20,425 · excluded $20,425
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $39,095 · program services $24,095 · management and general $15,000
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $1,300 · management and general $1,300
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $5,875 · program services $1,000 · management and general $4,875
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: NATIONAL AND REGIONAL MEET
total $23,630 · program services $23,630
-
24b · Other expenses: computer and internet
total $4,437 · program services $4,437
-
24c · Other expenses: STORAGE FEES
total $2,191 · program services $2,191
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $0
-
2 · Savings and temporary cash investments
beginning of year $50,156 · end of year $45,060
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $888,938 · end of year $963,423
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
27 · Net assets without donor restrictions
beginning of year $939,094 · end of year $1,008,483
Mission and programs · 2024
Mission
To support worthy programs which promote youth physical fitness in schools across the US as well as sponsor the Semper Fidelis Award for Musical Excellence, honoring outstanding high school musicians around the country.
-
The United States Marines Youth Foundation has supported the Marine Corps League's (MCL) Youth Physical Fitness (YPF) Program which promotes youth physical fitness in schools across the US as well as providing the Semper Fidelis Award for Musical Excellence, honoring outstanding high school musicians around the country. The Foundation provided medals, plaques, and cash awards for the highest performing high school athletes and teams competing in several regional and one national competition. The Foundation also provided accomplishment certificates to coaches for their students who met YPF performance standards in grade, middle, and high schools across the US.
Expenses $55,353
As filed on the 2024 return.
Listed in Part VII
-
Alfred M GrayALFRED M GRAY
Past Chairman
- Total calculated
- $0
- Hours/week
- 15
-
Jack W KlimpJACK W KLIMP
President
- Total calculated
- $0
- Hours/week
- 15
-
John PfeifferJOHN PFEIFFER
Director
- Total calculated
- $0
- Hours/week
- 1
-
Devell Durham JrDEVELL DURHAM JR
Director
- Total calculated
- $0
- Hours/week
- 1
-
Paul HastingsPAUL HASTINGS
Director
- Total calculated
- $0
- Hours/week
- 1
-
Helen HicksHELEN HICKS
Director
- Total calculated
- $0
- Hours/week
- 1
-
Randy RiggRANDY RIGG
Director
- Total calculated
- $0
- Hours/week
- 1
-
James FlynnJAMES FLYNN
Director
- Total calculated
- $0
- Hours/week
- 1
-
Christian Pm KlinefelterCHRISTIAN PM KLINEFELTER
Treasurer
- Total calculated
- $0
- Hours/week
- 10
-
Joseph StaudtJOSEPH STAUDT
Director
- Total calculated
- $0
- Hours/week
- 1
-
Howard SchaefferHOWARD SCHAEFFER
Director
- Total calculated
- $0
- Hours/week
- 1
-
Robert P DadayROBERT P DADAY
Vice President
- Total calculated
- $0
- Hours/week
- 10
-
Leanna DietrichLEANNA DIETRICH
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Michael D BeckerMICHAEL D BECKER
Director
- Total calculated
- $0
- Hours/week
- 1
-
Alford McMichaelALFORD MCMICHAEL
Director
- Total calculated
- $0
- Hours/week
- 1
-
Leif HendricksonLEIF HENDRICKSON
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 25 March 2025
- IRS schema version
- 2024v5.0
- Source object
- 202510849349301116
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