Overview
What is Millennial Debt Foundation?
The Millennial Debt Foundation, based in Chattanooga, Tennessee, is a small nonprofit organization with a mission to foster public education on a significant national issue: the country's debt and federal deficit spending crisis. Launched by Tennessee native Weston Wamp and other millennial entrepreneurs in mid-2019, the foundation aims to initiate a generational conversation about fiscal stewardship and the role of the federal government in managing the nation's financial obligations. Their activities primarily focus on educating the public about this pressing concern.
Official website here: www.millennialdebt.org
Is Millennial Debt Foundation legitimate?
Millennial Debt Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Millennial Debt Foundation 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: $90,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,665
For more financial information, click here
Official website here: www.millennialdebt.org
What is the mission statement of Millennial Debt Foundation?
The Millennial Debt Foundation, established in mid-2019, was initiated by a group of millennial entrepreneurs, led by one of them, Weston Wamp. Their mission is to catalyze a generational discourse on fiscal responsibility, shedding light on the role of the federal government and the pressing issue of America's deficit spending crisis. To achieve this, the foundation focuses on public education, engaging influential millennial business leaders to facilitate open discussions and promote awareness about these critical financial matters.
Official website here: www.millennialdebt.org
Who is the CEO of Millennial Debt Foundation?
Thomas Weston Wamp is the Director of Millennial Debt Foundation.
Official website here: www.millennialdebt.org
What is the revenue of Millennial Debt Foundation?
Millennial Debt Foundation's revenue in 2022 was $276,290.
Official website here: www.millennialdebt.org
Who are the executives of Millennial Debt Foundation and what are their salaries?
The average compensation at Millennial Debt Foundation during 2022 was $126,665. There is 1 employee at Millennial Debt Foundation.
Here are 5 key members and their salaries:
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- Compensation: $90,000
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- Other: $0
Official website here: www.millennialdebt.org
Where can I find the form 990 for Millennial Debt Foundation?
Millennial Debt Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.millennialdebt.org
Learn more at the official website: www.millennialdebt.org
Mission Statement of Millennial Debt Foundation
The Millennial Debt Foundation, launched in mid-2019, is an initiative spearheaded by entrepreneur Weston Wamp and other young leaders. Their mission is centered around leading a generational conversation about fiscal responsibility, the role of the federal government, and the pressing issue of America's deficit spending crisis. By engaging millennial business leaders in public education, the foundation aims to foster a dialogue and promote understanding about the national debt and federal deficit.
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Impact
October, 2024
The Millennial Debt Foundation significantly influences public discourse surrounding national debt and federal deficit issues, particularly among younger generations. By engaging millennial business leaders, it fosters an essential conversation about fiscal stewardship and the implications of deficit spending on future generations. This initiative not only promotes awareness of the financial challenges facing the country but also encourages proactive discussions about responsible financial management within the context of government policy.
Through its educational activities, the foundation plays a crucial role in creating informed advocates who understand the intricacies of federal fiscal policies. The initiative helps to delineate the responsibilities of the government and emphasizes the importance of addressing the deficit spending crisis. As a result, it equips a new generation with the knowledge and tools to navigate and influence economic policies that will shape their financial future. The foundation’s efforts contribute to a broader understanding of economic principles essential for sustainable growth and advancement, particularly in Chattanooga and beyond.
This information is meant to be a general summary of Millennial Debt Foundation. 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.
- Program Service Revenue: $16,040
- Gross Receipts: $276,290
Assets and Liabilities:
- Total Assets: $334,672
- Total Liabilities: $0
- Net Assets: $334,672
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
IN THE BLACK LICENSE P
Revenue
$16,040
Organization Details
Founding Year
2019
Phone
(423) 503-8793Principal Officer
Thomas Weston Wamp
Main Address
401 CHESTNUT STREET 226, CHATTANOOGA, TN, 37402
Website
www.millennialdebt.orgNTEE Category
Code: B01 - Education
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