My Neighbors Foundation Inc
- Assets
- $186.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monkton, MD
- Founding
- 02/2008
- Data as of
- 12/2023
- EIN
- 20-5900130
Organization Overview
My Neighbors Foundation Inc is located in Monkton, MD. The organization was established in 2008. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. My Neighbors Foundation 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 12/2023, My Neighbors Foundation Inc generated $176.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $183.0k during the year ending 12/2023. While expenses have increased by 5.8% per year over the past 8 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE SCHOLARSHIPS, SUPPLIES, CLOTHING, ETC TO CHILDREN IN THE IMMEDIATE AREA WHO ARE IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise Peak President | 2 | $0 | |
Neal Carmody Vice President | 2 | $0 | |
Laura Hudson Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $176,071 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $41 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $176,112 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,991 |
| Professional fees and other payments to independent contractors | $4,003 |
| Occupancy, rent, utilities, and maintenance | $5,400 |
| Printing, publications, postage, and shipping | $653 |
| Other expenses | $50,317 |
| Total expenses | $183,021 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $186,765 |
| Other assets | $0 |
| Total assets | $186,765 |
| Total liabilities | $0 |
| Net assets or fund balances | $186,765 |