The Melmark Charitable Foundation
- Assets
- $16.1m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Berwyn, PA
- Founding
- Data as of
- 06/2017
- EIN
- 23-2446806
Organization Overview
The Melmark Charitable Foundation is located in Berwyn, PA. Melmark 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 06/2017, Melmark Charitable Foundation generated $5.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $4.9m during the year ending 06/2017. While expenses have increased by 15.2% per year over the past 3 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION IS A PUBLICLY SUPPORTED ORGANIZATION WHOSE MISSION IS TO CARRY OUT THE PURPOSES OF MELMARK, INC., AND OTHER AFFILIATED EXEMPT AND PUBLICLY SUPPORTED ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS A PUBLICLY SUPPORTED ORGANIZATION WHOSE MISSIONIS TO CARRY OUT THE PURPOSES OF MELMARK, INC., AND OTHER AFFILIATED EXEMPT AND PUBLICLY SUPPORTED ORGANIZATIONS WHICH ARE DEVOTED TO MEETING THE NEEDS OF INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES AND/OR MENTAL HEALTH DISORDERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rita M Gardner MPH Laba Bcba Board Chair (effect. 6/13/17) | OfficerTrustee | 10 | $0 |
Joseph M Zakrzewski Board Treasurer | Officer | 2 | $0 |
Karen Mattox Asst. Board Secretary | Officer | 1 | $0 |
Jeffrey A Morrison Board Vice Chair (thru 3/15/17) | Trustee | 1 | $0 |
Dennis Willson Board Member | Trustee | 1 | $0 |
Dennis Flynn Board Member (thru 10/14/16) | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,063,811 |
| Investment income | $236,785 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$50,830 |
| Net Income from Fundraising Events | $210,696 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,460,462 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $380 |
| Fees for services: Accounting | $20,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,362 |
| Advertising and promotion | $0 |
| Office expenses | $689 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $801,084 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,948,852 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,306,997 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,310,707 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $12,527,055 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,144,759 |
| Accounts payable and accrued expenses | $29,428 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,808,261 |
| Total liabilities | $6,837,689 |
| Net assets without donor restrictions | $8,379,427 |
| Net assets with donor restrictions | $121,643 |
| Capital stock or trust principal, or current funds | $806,000 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $9,307,070 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that The Melmark Charitable Foundation has recieved totaling $480,300.
| Awarding Organization | Amount |
|---|---|
Spray Foundation Inc New York, NY PURPOSE: CAPITAL PROGRAM | $330,000 |
Spray Foundation Inc New York, NY PURPOSE: SCHOLARSHIP PROGRAM | $150,000 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $300 |
Endowment Analysis
| Beg. Balance | $7,121,504 |
| Earnings | $992,244 |
| Net Contributions | $719,261 |
| Ending Balance | $8,833,009 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Frontline Community Services Inc Beltsville, MD | $6,957,560 | $20,985,182 |
Long Island Select Healthcare Inc Central Islip, NY | $8,265,975 | $21,062,448 |
The Heights Inc Potomac, MD | $28,496,015 | $21,762,530 |
Germantown Home Philadelphia, PA | $23,238,200 | $17,117,508 |
Nurtury Inc Roxbury, MA | $15,395,426 | $20,648,224 |
Center For Global Development Washington, DC | $65,777,264 | $14,319,773 |
Results For America Washington, DC | $34,611,584 | $37,342,488 |
Partnership To End Addiction New York, NY | $61,675,636 | $16,194,669 |
Humanim Inc Columbia, MD | $20,769,725 | $20,890,295 |
New Foundations Charter School Marlton, NJ | $17,967,778 | $23,202,828 |
Chandler Hall Health Services Inc Newtown, PA | $26,412,529 | $17,505,940 |
Jewish Nursing Home Of Western Mass Inc Longmeadow, MA | $27,155,425 | $18,778,772 |