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Education : Scholarship and Financial Support (Grantmaking/Grants Payable)

Mark Wahlberg Youth Foundation

It's our turn to help

four stars

92.22

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 92.22 four stars
  Financial 100.00 four stars
  Accountability & Transparency 89.00 three stars
This rating was published 12/01/2018 and includes data from FY2016, 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.

Impact Information

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Financial

four stars

100.00

Accountability & Transparency

three stars

89.00

This rating was published 12/01/2018 and includes data from FY2016, 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)
90.2%
  Administrative Expenses 4.0%
  Fundraising Expenses 5.6%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 1.01
  Program Expenses Growth 13.4%
  Liabilities to Assets 7.8%
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) 92.22 four stars
Palo Alto Partners in Education (CA) 89.61 three stars
Speedway Children's Charities (NC) 86.80 three stars
Nashville Public Education Foundation (TN) 91.31 four stars
American Friends of the Hebrew University (NY) 87.98 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,564,878
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $127,732
   Related Organizations $0
   Government Grants $0
Total Contributions $1,692,610
   Program Service Revenue $0
Total Primary Revenue $1,692,610
   Other Revenue $470
TOTAL REVENUE $1,693,080
   
EXPENSES  
   Program Expenses $1,420,495
   Administrative Expenses $66,374
   Fundraising Expenses $86,838
TOTAL FUNCTIONAL EXPENSES $1,573,707
   
Payments to Affiliates $0
Excess (or Deficit) for the year $119,373
   
Net Assets $1,505,606

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 $834,230 58.7%
Health/Medical/Substance Abuse/Advocacy $195,349 13.8%
Youth Summer Camp $143,644 10.1%

Ratings History
Mark Wahlberg Youth Foundation has received 2 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-12 12/01/2018 92.22 four stars
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, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

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).

Compensation % of Expenses Paid to Title
$92,976 5.90% James Wahlberg Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Mark Wahlberg Youth Foundation (MA) 92.22 four stars
Basic Fund (CA) 91.36 four stars
South Carolina Governor's School for Science and Math Foundation (SC) 86.43 three stars
Grand Island Public Schools Foundation (NE) 93.98 four stars
American Friends of The Tel Aviv University (NY) 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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