Morgan E For Community Chest is located in Pittsburgh, PA. The organization was established in 0000. 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.
For the year ending 09/2023, Morgan E For Community Chest generated $36.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $108.5k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $42,464 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$11,840 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $6,000 |
Total Revenue | $36,624 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $18,183 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $272 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $4 |
Total operating and administrative expenses | $18,459 |
Contributions, gifts, grants paid | $90,000 |
Total expenses and disbursements | $108,459 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $3,798 |
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 | $1,726,441 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $1,730,239 |
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 |
Over the last fiscal year, Morgan E For Community Chest has awarded $90,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
THE UNITED WAY OF LACKAWANNA AND WAYNE C PURPOSE: GENERAL OPERATING | $82,500 |
COMMUNITY CHEST OF SCRANTON PURPOSE: GENERAL OPERATING | $7,500 |