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Education : Scholarship and Financial Support (Grantmaking)

Mark Wahlberg Youth Foundation

It's our turn to help

four stars

90.10

233 Needham Street Suite 300
Newton, MA 02461
tel: (617) 454-1125   Web Site
EIN: 04-3567369

Board Leadership
Mark Wahlberg
President

CEO
James Wahlberg
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 90.10 four stars
  Financial 100.00 four stars
  Accountability & Transparency 86.00 three stars
This rating was published 06/01/2017 and includes data from FY2015, the most recent 990 received at that time.

It is the mission of the Mark Wahlberg Youth Foundation to improve the quality of life for inner city youth through a working partnership with other youth organizations. Our goal is to remove and eliminate barriers that prevent youth from succeeding. Our mission is to assist youth in order to ensure that no child is limited or prevented from attaining their lifetime goal or dream due to financial circumstances. Through the Mark Wahlberg Youth Foundation, we will provide financial and community support to assist in making the dreams and ultimate potential of inner city youth become a reality.

It is the mission of the Mark Wahlberg Youth Foundation to improve the quality of life for inner city youth through a working partnership with other youth organizations. Our goal is to remove and eliminate barriers that prevent youth from succeeding. Our mission is to assist youth in order to ensure that no child is limited or prevented from attaining their lifetime goal or dream due to financial circumstances. Through the Mark Wahlberg Youth Foundation, we will provide financial and community support to assist in making the dreams and ultimate potential of inner city youth become a reality.

Financial

four stars

100.00

Accountability & Transparency

three stars

86.00

This rating was published 06/01/2017 and includes data from FY2015, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
89.7%
  Administrative Expenses 4.3%
  Fundraising Expenses 5.9%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 1.04
  Program Expenses Growth 29.0%
  Liabilities to Assets 12.7%
All data for Financial Performance Metrics calculations was provided by Mark Wahlberg Youth Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Mark Wahlberg Youth Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Mark Wahlberg Youth Foundation (MA) 90.10 four stars
The Public Education Foundation (NV) 86.44 three stars
Grand Island Public Schools Foundation (NE) 93.32 four stars
Association of Graduates of the United States Air Force Academy (CO) 93.26 four stars
Youth, I.N.C. (NY) 85.65 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,016,497
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $189,103
   Related Organizations $0
   Government Grants $0
Total Contributions $1,205,600
   Program Service Revenue $0
Total Primary Revenue $1,205,600
   Other Revenue $482
TOTAL REVENUE $1,206,082
   
EXPENSES  
   Program Expenses $1,446,106
   Administrative Expenses $56,565
   Fundraising Expenses $83,620
TOTAL FUNCTIONAL EXPENSES $1,586,291
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-380,209
   
Net Assets $1,386,233

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
School Support and After School Programs $900,146 62.2%
Health/Medical/Substance Abuse/Advocacy $307,112 21.2%
Youth Summer Camp $161,800 11.2%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2015-12 06/01/2017 90.10 four stars
2014-12 06/01/2016 89.94 three stars
 
CN 2.0
2013-12 07/01/2015 86.40 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 04-3567369
Name in IRS Master File MARK WAHLBERG YOUTH FOUNDATION INC
NTEE Code P30
NTEE Classification Children's, Youth Services
NTEE Type Human Services - Multipurpose and Other
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date November, 2001
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012
  • December, 2011

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
$75,000 4.72% James Wahlberg Executive Director
Other Salaries of Note
Not compensated -- Mark Wahlberg President

Highly Rated

Charity Name & State Overall Score Overall Rating
Mark Wahlberg Youth Foundation (MA) 90.10 four stars
Boston Arts Academy Foundation (MA) 89.32 three stars
American Friends of The Tel Aviv University (NY) 94.07 four stars
Schoolseed Foundation (TN) 87.25 three stars
NewSchools Venture Fund (CA) 96.66 four stars

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Charity Contact Info

Mark Wahlberg Youth Foundation
233 Needham Street
Suite 300
Newton, MA 02461
tel: (617) 454-1125
EIN: 04-3567369

Mail donations to:
P.O. Box 610287
Newton, MA 02461

Visit Web Site

Board Leadership

Mark Wahlberg
President

CEO

James Wahlberg
Executive Director

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