Marycare Inc
- Assets
- $94.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Torrington, CT
- Founding
- 11/1997
- Data as of
- 06/2023
- EIN
- 06-1459484
Organization Overview
Marycare Inc is located in Torrington, CT. The organization was established in 1997. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marycare Inc 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 06/2023, Marycare Inc generated $43.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $40.6k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
FR Emmanuel Ihemedu President | 20 | $0 | |
Joy Chance Blake Vice President | 5 | $0 | |
Joyce Deangelo Treasurer | 1 | $0 | |
Dawn White Secretary | 1 | $0 | |
Anita Ressell Business Manager | 1 | $0 | |
Lena Fischer-Butler Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,331 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $43,331 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $624 |
| Printing, publications, postage, and shipping | $3,503 |
| Other expenses | $36,439 |
| Total expenses | $40,566 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,441 |
| Other assets | $0 |
| Total assets | $94,441 |
| Total liabilities | $0 |
| Net assets or fund balances | $94,441 |