318 Foundation Inc

Youth development organization based in Gaithersburg, MD. 3 employees. Exempt under §501(c)(3).

MissionTHE 318 FOUNDATION IS A 501(C)(3) NONPROFIT ORGANIZATION FOCUSED ON EMPOWERING BLACK GIRLS AND MARGINALIZED COMMUNITIES THROUGH MENTORSHIP, IMMERSIVE EXPERIENCES, AND SPORTS. OUR PROGRAMS FOCUS ON LEADERSHIP DEVELOPMENT, ACADEMIC ENRICHMENT, AND ELITE SPORTS TRAINING. PARTNERING

EIN

86-1321791

State

Sector

Youth development

Budget band

<$250K

Latest filing

TY 2024

Records

1 officers · 2 years

Financial snapshot · TY 2024

$214K

Total revenue

$430K

Total expenses

$131K

Net assets

Financial health · TY 2024

Financial health needs attention

Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.

Reserve ratio

2.9 months of expenses

Program efficiency

72.9% spent on programs

Revenue diversity

Mix of program fees, grants & contributions

Leadership compensation

Alana Beard

PRESIDENT &

$85,000

85th percentile vs. peers

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