Service Year Inc

Overview

Service Year Inc is a nonprofit organization categorized under Human Services — Multipurpose and Other, focusing on human service organizations with multi-purpose initiatives. As a 501(c)(3) organization, it operates for various purposes such as educational, charitable, or fostering national amateur sports competitions, among others.

History and Activities

While specific details on the history of Service Year Inc are not readily available, its tax-deductible status indicates its alignment with charitable goals. The organization is not listed in the IRS's most recent tax-exempt list, though it has associated data linked to its Employer Identification Number (EIN).

Financial Information

For the fiscal year ending December 2017, Service Year Inc reported significant revenue streams from contributions and program services. Contributions made up 65.7% of total revenue, amounting to $653,651, while program services contributed 34.3% or $341,247[1]. The organization's total assets were valued at $109,137, with liabilities totaling $10,000[1].

Leadership and Compensation

In 2017, Matthew S. Ronen served as Chairman/President, earning a compensation of $125,990[1]. Other key officers, including Patrick Hulsy and Giselle Balagat, did not receive compensation during that period[1].

Similar Organizations

Another organization with a similar name, Service Year Alliance, is a charitable organization focused on promoting a year of service for young Americans. However, these two entities are distinct and operate independently, with Service Year Alliance being a more prominent and active entity in the national service landscape[2][4].