Overview
What is Johnny Mac Soldiers Fund Inc?
Johnny Mac Soldiers Fund Inc is a nonprofit organization situated in Ashburn, Virginia. Their primary objective is to support veterans by offering college scholarships, grants for professional certification programs, and financial aid for non-degree courses. They also provide educational career counseling and mentorship. To accomplish this mission, the fund occasionally grants money to similar organizations, with the stipulation that the funds be utilized for the aforementioned purposes. The organization's dedication lies in assisting soldiers and their families in furthering their education.
Official website here: www.johnnymac.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
Johnny Mac Soldiers Fund Inc has achieved a perfect score of 100% from Charity Navigator, indicating a high level of accountability and financial health. This accolade reflects the organization's commitment to transparent operations, evidenced by its independent board structure and rigorous audit practices. The charity's financial statements are well-managed, with no reported diversions of assets, showcasing its reliability in handling donor funds.
The organization excels in its program expense ratio, with 94.16% of its expenditures going directly to programs, which emphasizes its focus on delivering meaningful services rather than administrative costs. Additionally, the fundraising efficiency ratio is notably low at $0.04, suggesting that the charity effectively raises funds with minimal costs involved in the fundraising process. This efficiency contributes to its overall financial sustainability.
While the organization demonstrates strong leadership and adaptability, the focus on achieving growth in both fundraising and program development signals an ongoing commitment to improvement and responsiveness to community needs. Overall, Johnny Mac Soldiers Fund Inc stands out as a well-managed nonprofit dedicated to its mission with robust financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Johnny Mac Soldiers Fund Inc legitimate?
Johnny Mac Soldiers Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Johnny Mac Soldiers Fund 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: $326,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.johnnymac.org
What is the mission statement of Johnny Mac Soldiers Fund Inc?
The Johnny Mac Soldiers Fund Inc is dedicated to assisting soldiers and their families by providing financial aid. This aid is intended to support their educational pursuits, whether through college scholarships, professional certification programs, or non-degree programs. The organization also offers educational career counseling and mentorship to further empower soldiers and their families in their educational journeys. In line with this mission, the Johnny Mac Soldiers Fund Inc has provided grants to like-minded organizations with the stipulation that the funds be used for the aforementioned purposes.
Official website here: www.johnnymac.org
Who is the CEO of Johnny Mac Soldiers Fund Inc?
Maryellen Picciuto is the Director of Johnny Mac Soldiers Fund Inc.
Official website here: www.johnnymac.org
What is the revenue of Johnny Mac Soldiers Fund Inc?
Johnny Mac Soldiers Fund Inc's revenue in 2022 was $5,053,523.
Official website here: www.johnnymac.org
Who are the executives of Johnny Mac Soldiers Fund Inc and what are their salaries?
The average compensation at Johnny Mac Soldiers Fund Inc during 2022 was $326,000. There is 1 employee and 20 volunteers at Johnny Mac Soldiers Fund Inc.
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Official website here: www.johnnymac.org
Where can I find the form 990 for Johnny Mac Soldiers Fund Inc?
Johnny Mac Soldiers Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.johnnymac.org
Learn more at the official website: www.johnnymac.org
Mission Statement of Johnny Mac Soldiers Fund Inc
Johnny Mac Soldiers Fund Inc, a nonprofit organization, is dedicated to assisting soldiers and their families by providing financial aid. Their mission is centered around helping these individuals further their education. The organization offers scholarships, grants, financial aid for professional certification programs, and non-degree programs. They also provide educational career counseling and mentorship. In pursuit of this mission, Johnny Mac Soldiers Fund Inc sometimes grants funds to other like-minded organizations, with the stipulation that these funds are used for the same purposes.
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Impact
July, 2024
Johnny Mac Soldiers Fund Inc's impact lies in its dedication to supporting veterans and their families in furthering their education. By providing financial assistance in the form of college scholarships, grants for professional certification programs, and educational career counseling, the organization plays a crucial role in helping veterans transition back into civilian life with the necessary tools for success. Additionally, by granting funds to other organizations with similar missions, Johnny Mac Soldiers Fund Inc extends its impact even further, ensuring that more veterans receive the support they need to pursue educational opportunities and build fulfilling careers.
This information is meant to be a general summary of Johnny Mac Soldiers Fund 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $22,820
- Gross Receipts: $11,480,275
Assets and Liabilities:
- Total Assets: $2,845,160
- Total Liabilities: $52
- Net Assets: $2,845,108
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Organization Details
Founding Year
2014
Phone
(703) 729-3291Principal Officer
Maryellen Picciuto
Main Address
42395 RYAN ROAD 112-242, ASHBURN, VA, 201484864
Website
www.johnnymac.orgNTEE Category
Code: P12 - Human services
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