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Sg Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 300914973 ✦ Bethesda, MD ✦ Designated as a 501(c)(3)

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Overview

What is Sg Foundation Inc?

Sg Foundation Inc, situated in Bethesda, Maryland, is a dedicated nonprofit organization with a mission to combat substance abuse. They have demonstrated their commitment by providing substantial financial backing for various initiatives, including the production of a film highlighting the risks associated with substance misuse. The foundation also collaborates with local schools to educate young individuals on the importance of preventing drug and alcohol dependency. Their primary focus is on supporting substance abuse treatment, disseminating knowledge through education, promoting prevention strategies, and conducting research in this field.

Is Sg Foundation Inc legitimate?

Sg Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sg Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $6,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Sg Foundation Inc?

The Sg Foundation Inc's mission is centered around providing financial support for various aspects related to substance abuse. This includes treatment, education, prevention, and research. To execute this mission, the organization has taken significant steps. For instance, they funded the production of a film highlighting the risks associated with substance abuse. Additionally, they collaborated with a local school to educate young people about the importance of preventing drug and alcohol dependency. Overall, the foundation's primary goal is to contribute financially to the fight against substance abuse, aiming to promote awareness, education, and research in this field.

Who is the CEO of Sg Foundation Inc?

Roscoe Little is the Chairman of Sg Foundation Inc.

What is the revenue of Sg Foundation Inc?

Sg Foundation Inc's revenue in 2022 was $206,747.

Who are the executives of Sg Foundation Inc and what are their salaries?


Here are 6 key members and their salaries:


Roscoe Little (Chairman)
  • Compensation: $0
  • Related: $6,250
  • Other: $0
Pergrine Roberts (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Troha (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Carlstrom (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Trone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debrajean Overholt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sg Foundation Inc?

Sg Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Sg Foundation Inc

Sg Foundation Inc, a nonprofit organization, is committed to providing financial support for substance abuse treatment, education, prevention, and research. Their mission is to contribute financially to various initiatives aimed at combating substance abuse and its related problems. To accomplish this, the foundation has taken several steps.

In the realm of prevention, Sg Foundation Inc has shown significant commitment. They have funded the production of a film that highlights the dangers of substance abuse, aiming to educate the public, particularly young individuals, about the potential perils of drug and alcohol dependency. Furthermore, the foundation has partnered with a local school to deliver educational programs, emphasizing the importance of preventing substance abuse and promoting healthy lifestyle choices.

By providing financial support, Sg Foundation Inc seeks to contribute to various aspects of substance abuse treatment, education, prevention, and research. Their mission is a testament to their dedication to addressing this critical issue, understanding that comprehensive efforts are required to tackle substance abuse effectively. The foundation's activities underscore their belief that financial support can play a significant role in fostering initiatives that promote awareness, education, and treatment options, ultimately contributing to a healthier and safer community.

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Impact




October, 2024

Sg Foundation Inc plays a crucial role in addressing substance abuse through financial support for treatment, education, prevention, and research. By funding initiatives such as the production of a film that highlights the dangers of substance abuse, the organization raises awareness and educates the community about the risks associated with drug and alcohol dependency. Additionally, their partnership with a local school exemplifies their commitment to youth education, equipping young people with the knowledge needed to prevent substance abuse. Through these efforts, Sg Foundation Inc works to foster a healthier, more informed community in Bethesda, MD, ultimately aiming to reduce the prevalence and impact of substance abuse.




This information is meant to be a general summary of Sg Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$206,747 (2022)
Expenses
$213,317 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $118,300
  • Gross Receipts: $303,127

Assets and Liabilities:

  • Total Assets: $2,186,981
  • Total Liabilities: $0
  • Net Assets: $2,186,981

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Organization Details

Founding Year

2016

Principal Officer

Roscoe Little

Main Address

8120 WOODMONT AVENUE 400, BETHESDA, MD, 20814

NTEE Category

Code: B99 - Education

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