Mercury Wire Products Charitable Foundation
- Assets
- $454.7k
- Revenue
- $69.0k
- Investments
- $385.6k
- Employees
- 0
- Location
- Spencer, MA
- Founding
- 05/1983
- Data as of
- 09/2022
- EIN
- 04-2785455
Organization Overview
Mercury Wire Products Charitable Foundation is located in Spencer, MA. The organization was established in 1983. According to its NTEE Classification (C20) the organization is classified as: Pollution Abatement & Control, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mercury Wire Products Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, Mercury Wire Products Charitable Foundation generated $69.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $36.0k during the year ending 09/2022. While expenses have increased by 6.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mercury Wire Products Charitable Foundation has awarded 84 individual grants totaling $173,411. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Yard Trustee | 2 | $0 | |
Robert Yard Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $10 |
| Dividends & Interest | $8,845 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,130 |
| Capital Gain Net Income | $10,130 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $68,985 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $400 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,999 |
| Contributions, gifts, grants paid | $30,951 |
| Total expenses and disbursements | $35,950 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,497 |
| Savings and temporary cash investments | $24,536 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $454,665 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Mercury Wire Products Charitable Foundation has awarded $30,951 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Germantown, MD PURPOSE: DISABLED VETS | $5,000 |
NAATIONAL PEDIATRIC CANCER SOCIETY PURPOSE: MEDICAL | $5,000 |
DARE MASSACHUSETTS PURPOSE: COMMUNITY | $4,000 |
LEUKEMIA RESEARCH FOUNDATION PURPOSE: COMMUNITY | $3,000 |
DAVID PROUTY SCHOLARSHIP PURPOSE: EDUCATION | $2,500 |
PAN MASS CHALLENGE PURPOSE: MEDICAL RESEARCH | $2,051 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Big Initiatives Incorporated Brooklyn, NY | $1,855,703 | $3,522,565 |
Internal Assn Of Heat & Frost Insulators & Asbestos 91 Welfare F Peekskill, NY | $4,005,910 | $2,671,151 |
Inclusive Prosperity Capital Inc Hartford, CT | $21,605,170 | $1,661,010 |
Regional Greenhouse Gas Initiative Inc New York, NY | $1,119,792 | $2,159,295 |
Anderson-Rogers Foundation Inc New York, NY | $21,997,471 | $1,111,279 |
Toxics Action Center Inc Boston, MA | $3,641,315 | $1,481,881 |
Climate Analytics Inc New York, NY | $628,039 | $1,445,865 |
Beyond Benign Inc Wilmington, MA | $862,713 | $753,297 |
The Center For Community Transportation Inc Ithaca, NY | $430,179 | $882,120 |
Oceanic Global Foundation Brooklyn, NY | $874,788 | $1,347,507 |
Green Restaurant Association Boston, MA | $2,667,449 | $767,282 |
Green Worker Inc Bronx, NY | $887,287 | $1,095,705 |