M L Foundation Inc
- Assets
- $308.2k
- Revenue
- $284.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Monroeville, PA
- Founding
- 06/1994
- Data as of
- 12/2021
- EIN
- 25-1698173
Organization Overview
M L Foundation Inc is located in Monroeville, PA. The organization was established in 1994. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. M L 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 12/2021, M L Foundation Inc generated $284.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.6% each year . All expenses for the organization totaled $36.8k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ML FOUNDATION RECEIVES UNCONDITIONAL DONATIONS FROM FRIENDS AND OTHERS AND IT DISTRIBUTES WITHIN USA, INDIA AND OTHER COUNTRIES FOR HEALTH, HUMANITARIAN AND EDUCATIONAL PURPOSES THROUGH RECOGNIZED ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECTED FUNDS FOR OXYGEN CONCENTRATORS AND SEND MONEY TO LIONS CLUB INTERNATIONAL, CHICAGO , ILLINOIS FOR PURCHASING MEDICAL SUPPLIES AND OXYGEN CONCENTRATORS FOR INDIA TO CONTROL COVID -19 IN INDIA
FUNDS WERE SENT TO MANCHHIBA HOSPITAL AND RESEARCH INSTITUTE , BHANDU, GUJARAT, INDIA DURING COVID-19 PANDEMIC PEAK TIME TO PURCHASE MEDICINE AND OXYGEN CONCENTRATORS ABOUT 200 PEOPLE WERE HELPED
FUNDS WERE SENT TO EKAL VIDYALAYA , HOUSTON, TEXAS FOR HELPING EDUCATE TRIBAL POOR CHILDREN IN INDIA ABOUT 75 CHILDREN BENEFITED WITH THIS GRANT
DIFFERENT AMOUNT WERE SENT TO KUTCH KADAWA PATIDAR SANTHA FOR HELPING POOR CHILDREN IN KUTCH, GUJARAT, INDIA COMMUNITY FOOD BANK IN PITTSBURGH AND WESTMORELAND COUNTY BROTHERS TO BROTHER FOUNDATION FOR REFUGEES IN YEMEN AND ETHOPIA HABITAT FOR HUMANITY, DOCTORS WITHOUT BORDERS, SMILE TRAIN AND SOUTHERN POVERTY LAW CENTER WERE PROVIDED SOME CONTRIBUTIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harilal L Patel Chairman | Trustee | 2.5 | $0 |
Dinesh Patel President | Trustee | 1 | $0 |
Gajendra M Sandesara Secretary | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $284,220 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $284,220 |
| Total Program Service Revenue | $0 |
| Investment income | $54 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $284,274 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $26,751 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $10,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $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 | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $36,751 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $308,201 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $308,201 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $308,201 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $308,201 |
Grants Awarded
Over the last fiscal year, M L Foundation Inc has awarded $34,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LIONS CLUB INTERNATIONAL FOUNDATION PURPOSE: TO assist during Covid 19 peak time to send oxygen Concentrators and medicine to India | $24,000 |
MANCHHIBA HOSPITAL AND RESEARCH INSTITUTE PURPOSE: TO provide Medicine and Oxygen to Covid patients during the peak period of Pandemic | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that M L Foundation Inc has recieved totaling $71.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $71 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Clifton-Fine Health Care Corporation Star Lake, NY | $13,740,997 | $12,561,890 |
Stony Brook Pathologists University Faculty Practice Corporation Stony Brook, NY | $1,652,538 | $9,465,464 |
Huntington Hospital Dolan Family Health Center Inc Westbury, NY | $12,187,354 | $8,883,444 |
Highland Health Providers Corp Hillsboro, OH | $3,480,728 | $8,712,093 |
Bucktail Medical Center Renovo, PA | $4,714,893 | $7,546,763 |
Hospice Care In Westchester And Putnam Inc Westbury, NY | $18,429,450 | $10,318,101 |
Pleasant Valley Medical Group Inc Point Pleasant, WV | $2,240,352 | $7,743,582 |
Ohiohealth Corportation Circleville, OH | $1,329,088 | $4,264,609 |
Genesee Region Home Care Of Ontario County Rochester, NY | $685,780 | $6,723,703 |
My Community Health Center Canton, OH | $4,110,237 | $8,459,363 |
Hudson Vista Physician Services Pc Newburgh, NY | $2,004,639 | $7,390,881 |
New York Center For Living New York, NY | $69,198,768 | $5,438,958 |