Nonprofit · EIN 30-0358715
NAC-SAVE OUR YOUTH FOUNDATION
Tax-exempt · NORFOLK, VA 23501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $50,962 | $36,637 | $14,325 | $14,326 | – | $34,145 |
| December 31, 2023 | 990-EZ | – | $44,413 | – | $19,820 | – | -$9,228 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $47,850
- Membership dues
- $3,112
Expenses
- Grants and similar amounts paid
- $11,572
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $25,065
Balance sheet and other
- Total assets, start of year
- $19,820
- Total assets, end of year
- $14,326
- Total liabilities, end of year
- –
- Net assets, end of year
- $34,145
- Cash, savings and investments
- $14,326
- Gross receipts
- $50,962
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALFERD CHAPMAN | OFFICER | 20 | $0 |
990-EZ for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALFERD CAPMAN | OFFICER | 20 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 122, NORFOLK, VA 23501-0122
- In care of
- % GEORGE F REED
- Mailing address (990-N for 2007)
- 908 Sandown CRST, Chesapeake VA 233236809
- Principal officer (990-N for 2007)
- George F Reed, 1816 Varsity Drive, Chesapeake VA 23324
- Signed the 990-EZ
- KEITH, President
- Phone
- (757) 639-6290
- Return prepared by
- DRG LLC
Mission
PROVIDE FUNDING FOR DISPLACED FAMILIES AND SCHOLARSHIPS FOR QUALIFIED HIGH SCHOO SENIORS
Program accomplishments
- PROVIDED 5 SCHOLARSHIPS TO HIGH SCHOOL SENIORSgrants $5,000
- SUPPORT YOUTH MEMTORING PROGRAM FOR 20 YOUNG GIRLSgrants $1,500
- YMCA CORE RADIO GROUP THANKSGIVINGgrants $492
- KAPPA LEAGUE GRANTS/NAC KAPSgrants $500
- THE NEW CHESAPEAKE MEN FOR PROGRESS ED FOUNDATIONgrants $2,000
- NORFOLK ALUMNI CHAPER KAPSI COMMUNITY SERVICE PAYNES FOUNDATION DANIELS BLESSINGS PROGRAMSgrants $2,080
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 30-0358715
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $14,326
- Income (IRS master file)
- $50,962
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $50,962 | $36,637 | $14,326 | XML |
| 990-EZ | December 2023 | – | $44,413 | $19,820 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2007 Officer: George F Reed | December 31, 2007 | ≤ $50,000 receipts | – | – | e-Postcard |
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 30-0358715).
Questions about NAC-SAVE OUR YOUTH FOUNDATION
- What is the EIN of NAC-SAVE OUR YOUTH FOUNDATION?
- The employer identification number (EIN) of NAC-SAVE OUR YOUTH FOUNDATION is 30-0358715.
- Is NAC-SAVE OUR YOUTH FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to NAC-SAVE OUR YOUTH FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NAC-SAVE OUR YOUTH FOUNDATION 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 NAC-SAVE OUR YOUTH FOUNDATION 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 NAC-SAVE OUR YOUTH FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of NAC-SAVE OUR YOUTH FOUNDATION?
- The 990-N for 2007 names George F Reed.
- Who are the officers and directors of NAC-SAVE OUR YOUTH FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does NAC-SAVE OUR YOUTH FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $50,962, expenses of $36,637 and total assets of $14,326 at year end.
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