Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2021.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
77 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Who runs it and what they're paid
6 people listed on the 990; $85K paid to officers and key staff.
Alana Beard’s $85K as President & is at the 77th percentile of top reported officer pay among 1993 $100K–1M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Alana Beard | $85,000 | $85,000 | — |
| Alana Beard | — | — | $53,098 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Empowers Black girls in underserved communities with mentorship, experiences, and sports for college, career, and life success.
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The 318 foundation aims to empower black girls in grades 9-12, and historically marginalized communities, through mentorship, immersive experiences, and elite sports training. Historically, black girl's struggles have been camouflaged, rendering their needs invisible, and the programs that support their educational, psychological, and…
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $131K | $214K |
| Total assetsLn 16 | $131K | $279K |
| LiabilitiesLn 26 | $3K | $7K |
| Net assetsLn 32 | $128K | $272K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $85K | $56K | $29K | |
| Other salaries and wagesLn 7 | $130K | $125K | $6K | |
| Other employee benefitsLn 9 | $3K | $3K | ||
| Payroll taxesLn 10 | $17K | $14K | $2K | $433 |
| Management feesLn 11a | $151K | $151K | ||
| Legal feesLn 11b | $11K | $11K | ||
| Accounting feesLn 11c | $6K | $6K | ||
| Other fees for servicesLn 11g | $37K | $21K | $17K | |
| Advertising and promotionLn 12 | $39K | $14K | $25K | |
| Office expensesLn 13 | $6K | $6K | $400 | |
| Information technologyLn 14 | $12K | $725 | $9K | $3K |
| OccupancyLn 16 | $25K | $25K | $419 | |
| TravelLn 17 | $31K | $29K | $1K | $2K |
| Conferences, conventions and meetingsLn 19 | $2K | $2K | $145 | |
| InsuranceLn 23 | $1K | $1K | ||
| Other expenses (24a–d)Ln 24 | $68K | $65K | $3K | $46 |
| Total functional expensesLn 25 | $625K | $479K | $118K | $28K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $769K | $625K | $144K | $272K | 990 PDF |
| FY2024 | $214K | $430K | −$216K | $128K | 990 PDF |
| FY2023 | $522K | $234K | $287K | $344K | 990 PDF |
| FY2022 | $100K | $57K | 990 PDF | ||
| FY2021 | Not on file | ||||
| FY2020 | $0 | 990 PDF | |||
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Schedules filed Part IV
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $769,408 across 4 lines filed
Part IX · Statement of functional expenses $625,163 across 16 lines filed
Part X · Balance sheet $279,331 assets, 10 lines filed
Part XI · Reconciliation of net assets $272,106 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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