Thomas Mccarthy Foundation is located in Hanford, CA. 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. Thomas Mccarthy 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 12/2023, Thomas Mccarthy Foundation generated $10.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $4.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (16.3%) per year over the past 9 years. 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 RECEIVE AND DISTRIBUTE FUNDS IN SUPPORT OF ELEMENTARY EDUCATION, INCLUDING BUT NOT LIMITED TO , SUPPORT OF ENRICHMENT PROGRAMS IN HISTORY, SCIENCE, ECOLOGY, TECHNOLOGY, LITERATURE, MUSIC, THE PERFORMING ARTS AND ATHLETICS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ron Barba President | 1 | $0 | |
Luke Robinson Secretary | 1 | $0 | |
Father Cesar Solorio Director | 1 | $0 | |
Martin C Garcia Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $6,982 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $3,626 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $10,608 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $4,921 |
Total expenses | $4,921 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $287,687 |
Other assets | $0 |
Total assets | $287,687 |
Total liabilities | $0 |
Net assets or fund balances | $287,687 |