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Nonprofit · EIN 04-3567369

MARK WAHLBERG YOUTH FOUNDATION INC

Tax-exempt · WHITE PLAINS, NY 10601

Financials

$2.8M$1.6M2023$2.8M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of MARK WAHLBERG YOUTH FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,807,950$1,570,868$1,237,082$4,318,993$41,158$4,277,835
December 31, 2023990$2,796,417$1,585,058$1,211,359$3,110,460$72,207$3,038,253
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,721,370
of which government grants
$50,000
Program service revenue
$0
Investment income
$92,843
Net income from fundraising events
-$6,263
Other revenue
-$6,263

Expenses

Grants and similar amounts paid
$1,321,264
Compensation of officers, directors and key employees
$75,000
Other salaries and wages
$46,673
Salaries, compensation and benefits (total)
$185,572
Professional fundraising fees
$0
Accounting fees
$22,500
Travel
$3,840
Depreciation
$136
Program services (functional)
$1,369,076
Management and general (functional)
$83,028
Fundraising (functional)
$118,764

Balance sheet and other

Total assets, start of year
$3,110,460
Total assets, end of year
$4,318,993
Total liabilities, end of year
$41,158
Net assets, end of year
$4,277,835
Land, buildings and equipment
$1,030
Net assets without donor restrictions
$3,877,835
Net assets with donor restrictions
$400,000
Gross receipts
$2,829,327
Employees
3
Volunteers
20
Year formed
2001
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JAMES WAHLBERGEXECUTIVE DIRECTOR/DIRECTOR
Trustee or director, Officer
40$75,000
MARK WAHLBERGPRES, TREAS, SECR, DIR
Trustee or director, Officer
2$0
MICHAEL JOYCEDIRECTOR
Trustee or director
5$0
ROBERT SCANNELL JRDIRECTOR
Trustee or director
5$0
STEPHEN LEVINSONDIRECTOR
Trustee or director
5$0
SHEILA JAFFEDIRECTOR
Trustee or director
5$0
ROSE CORTINADIRECTOR
Trustee or director
5$0
MICHAEL DONKISDIRECTOR
Trustee or director
5$0
JASON SLOANE ESQDIRECTOR
Trustee or director
5$0
MIKE ROTONDIDIRECTOR
Trustee or director
5$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
JAMES WAHLBERGEXECUTIVE DIRECTOR/DIRECTOR
Trustee or director, Officer
40$75,000
MARK WAHLBERGPRES, TREAS, SECR, DIR
Trustee or director, Officer
2$0
MICHAEL JOYCEDIRECTOR
Trustee or director
5$0
ROBERT SCANNELL JRDIRECTOR
Trustee or director
5$0
STEPHEN LEVINSONDIRECTOR
Trustee or director
5$0
SHEILA JAFFEDIRECTOR
Trustee or director
5$0
ROSE CORTINADIRECTOR
Trustee or director
5$0
MICHAEL DONKISDIRECTOR
Trustee or director
5$0
JASON SLOANE ESQDIRECTOR
Trustee or director
5$0
MIKE ROTONDIDIRECTOR
Trustee or director
5$0

Address and contacts

Address (IRS master file)
445 HAMILTON AVE, WHITE PLAINS, NY 10601-1807
In care of
% CBM
Principal officer (990 for 2024)
MARK WAHLBERG, 445 HAMILTON AVE 700, WHITE PLAIN, NY 10601
Signed the 990
MARK WAHLBERG, PRESIDENT
Phone
(212) 307-8006
Return prepared by
EAG NEW ENGLAND LLC

Mission

THE MISSION OF THE MARK WAHLBERG YOUTH FOUNDATION IS TO ASSIST YOUTH TO ENSURE THAT NO CHILD IS LIMITED OR PREVENTED FROM ATTAINING THEIR LIFETIME GOAL OR DREAM DUE TO FINANCIAL CIRCUMSTANCES.

990 for the year ended December 31, 2024

Program accomplishments

  • YOUTH SUPPORT AND SUMMER CAMP PROGRAMS: SINCE 2004, THE MWYF PROVIDES GRANTS TO ORGANIZATIONS THAT RUN CAMPS SUCH AS "CAMP NORTHBOUND", A ONE-WEEK RECREATIONAL SUMMER CAMP IN BRIDGESTONE, ME. THE CAMP SERVES 150 YOUTH EACH YEAR FROM BOSTON, AND ALSO ENGAGES ALUMNI CAMPERS, HIRING THEM AS JUNIOR COUNSELORS FOR THE WEEK. THE MWYF ALSO PROVIDES GRANTS TO MOVING MOUNTAINS, AN ORGANIZATION THAT USES ART EDUCATION TO EMPOWER YOUNG PEOPLE TO MAKE WISE CHOICES AND OVERCOME ADVERSITY. THE MWYF ALSO HOSTS AN ANNUAL HOLIDAY PARTY AND GIFT GIVEAWAY FOR MORE THAN 250 UNDERSERVED YOUTH.
    Expenses $898,854 · grants $867,464
  • HEALTH/MEDICAL/SUBSTANCE ABUSE/ADVOCACY: THE MWYF SUPPORTS FAMILIES, WOMEN, CHILDREN, AND TEENS BATTLING LIFE THREATENING DISEASES AND MEDICAL ISSUES INCLUDING CANCER, HOMICIDE, SUBSTANCE ABUSE, AND MORE. THE MWYF SUPPORTS THE GAVIN FOUNDATION IN BOSTON, MASS. WHICH PROVIDES SUPPORT FOR THOSE STRUGGLING WITH SUBSTANCE USE DISORDER AND THEIR FAMILIES, ALONG WITH EDUCATIONAL PROGRAMMING AND YOUTH SUBSTANCE USE PREVENTION INITIATIVES. IN ADDITION, MWYF SUPPORTS VARIOUS ORGANIZATIONS WHICH OFFER MEAL ASSISTANCE, CLOTHING AND SUPPORT TO THE HOMELESS AND INNER CITY COMMUNITIES.
    Expenses $338,626 · grants $326,800
  • SCHOOL SUPPORT AND AFTER-SCHOOL PROGRAMS-THE MWYF IS COMMITTED TO GIVING YOUNG PEOPLE EQUAL ACCESS TO EDUCATION, INCLUDING BUT NOT LIMITED TO, GRANTS WHICH SUPPORT AFTER SCHOOL AND AND SUMMER EDUCATIONAL PROGRAMS. THE MWYF SUPPORTS VARIOUS BOYS & GIRLS CLUBS INCLUDING DORCHESTER, MA, AND GREATER MILWAUKEE, WI. THE FOUNDATION ALSO SUPPORTS THE FIVER FOUNDATION AND OPPORTUNITY NETWORK WHICH PROVIDE PRIVATE SCHOOLING AND EDUCATIONAL OPPORTUNITIES TO LOW-INCOME FAMILIES.
    Expenses $131,596 · grants $127,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-3567369
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2001
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P30)
Assets (IRS master file)
$4,318,993
Income (IRS master file)
$2,829,327

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,807,950$1,570,868$4,318,993XML
990December 2023$2,796,417$1,585,058$3,110,460XML
990December 2022$1,721,520$1,211,067$1,939,783IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3567369).

Questions about MARK WAHLBERG YOUTH FOUNDATION INC

What is the EIN of MARK WAHLBERG YOUTH FOUNDATION INC?
The employer identification number (EIN) of MARK WAHLBERG YOUTH FOUNDATION INC is 04-3567369.
Is MARK WAHLBERG YOUTH FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to MARK WAHLBERG YOUTH FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MARK WAHLBERG YOUTH FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MARK WAHLBERG YOUTH FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARK WAHLBERG YOUTH FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MARK WAHLBERG YOUTH FOUNDATION INC?
The 990 for the year ended December 31, 2024 names MARK WAHLBERG.
Who are the officers and directors of MARK WAHLBERG YOUTH FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $75,000 (JAMES WAHLBERG, EXECUTIVE DIRECTOR/DIRECTOR).
How much revenue does MARK WAHLBERG YOUTH FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,807,950, expenses of $1,570,868 and total assets of $4,318,993 at year end.

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