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Nonprofit · EIN 30-0358715

NAC-SAVE OUR YOUTH FOUNDATION

Tax-exempt · NORFOLK, VA 23501

Financials

$44K2023$51K$37K2024
Revenue Expenses · by fiscal year end
Financials of NAC-SAVE OUR YOUTH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$50,962$36,637$14,325$14,326–$34,145
December 31, 2023990-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.

NameTitleHours / weekCompensation
ALFERD CHAPMANOFFICER20$0
990-EZ for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
ALFERD CAPMANOFFICER20$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

990-EZ for the year ended December 31, 2024

Program accomplishments

  • PROVIDED 5 SCHOLARSHIPS TO HIGH SCHOOL SENIORS
    grants $5,000
  • SUPPORT YOUTH MEMTORING PROGRAM FOR 20 YOUNG GIRLS
    grants $1,500
  • YMCA CORE RADIO GROUP THANKSGIVING
    grants $492
  • KAPPA LEAGUE GRANTS/NAC KAPS
    grants $500
  • THE NEW CHESAPEAKE MEN FOR PROGRESS ED FOUNDATION
    grants $2,000
  • NORFOLK ALUMNI CHAPER KAPSI COMMUNITY SERVICE PAYNES FOUNDATION DANIELS BLESSINGS PROGRAMS
    grants $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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-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

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$50,962$36,637$14,326XML
990-EZDecember 2023–$44,413$19,820XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 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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