Mike Mussina Foundation
- Assets
- $286.8k
- Revenue
- $46.1k
- Investments
- $268.2k
- Employees
- 0
- Location
- Montoursville, PA
- Founding
- 05/2000
- Data as of
- 12/2021
- EIN
- 23-3022314
Organization Overview
Mike Mussina Foundation is located in Montoursville, PA. The organization was established in 2000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Mike Mussina 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 12/2021, Mike Mussina Foundation generated $46.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 27.2% each year . All expenses for the organization totaled $22.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDE DONATIONS TO SUPPORT LOCAL CHARITIES LOCATED IN LYCOMING COUNTY, PA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael C Mussina President | 1 | $0 | |
Jana D Mussina Secretary | 0 | $0 | |
Mark A Mussina Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,163 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $30,908 |
| Capital Gain Net Income | $30,908 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $46,071 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $209 |
| Contributions, gifts, grants paid | $22,000 |
| Total expenses and disbursements | $22,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,603 |
| 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 | $268,185 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $286,788 |
| 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, Mike Mussina Foundation has awarded $22,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
APPALACHIAN HORSE HELP AND RESCUE PURPOSE: SUPPORT CHARITABLE ACTIVITIES. | $2,000 |
LYCOMING COUNTY SPCA PURPOSE: SUPPORT CHARITABLE ACTIVITIES. | $4,500 |
CENTRAL PA FOOD BANK PURPOSE: SUPPORT CENTRAL PA FOOD BANK CHARITABLE ACTIVITIES. | $5,000 |
AMERICAN RESCUE WORKERS PURPOSE: SUPPORT CHARITABLE ACTIVITIES. | $3,500 |
FIRST COMMUNITY FOUNDATION PARTNERSHIP OF PA PURPOSE: SUPPORT CHARITABLE ACTIVITIES | $1,500 |
WILLING HAND HOSE COMPANY OF MONTOURSVILLE PA PURPOSE: SUPPORT LOCAL FIRE STATION. | $2,000 |