Nicole Megaloudis Foundation
- Assets
- $249.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lauderdale By The Sea, FL
- Founding
- 10/2004
- Data as of
- 12/2022
- EIN
- 20-0857290
Organization Overview
Nicole Megaloudis Foundation is located in Lauderdale By The Sea, FL. The organization was established in 2004. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nicole Megaloudis 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 12/2022, Nicole Megaloudis Foundation generated $50.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 43.0% each year . All expenses for the organization totaled $32.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIP ADWARDS TO COLLEGE OR UNIVERSITY STUDENTS WHO DEMONSTRATE FINANCIAL NEED AND LEADERSHIP QUALITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gail Rongen President | 20 | $0 | |
Chris Megaloudis Vice President | 2 | $0 | |
Nick Megaloudis Vice President | 2 | $0 | |
Bruce Arena Director | 2 | $0 | |
Phylis Arena Sect/treasurer | 2 | $0 | |
Louise Moreno Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,230 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,413 |
| Gain or Loss | -$15,015 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,628 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,152 |
| Total expenses | $32,214 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $249,946 |
| Other assets | $0 |
| Total assets | $249,946 |
| Total liabilities | $48 |
| Net assets or fund balances | $249,898 |