Ronald Mcdonald House Charities Detroit
- Assets
- $8.6m
- Revenue
- $2.1m
- Investments
- $3.5m
- Employees
- 15
- Location
- Detroit, MI
- Founding
- 03/1982
- Data as of
- 12/2021
- EIN
- 38-2182406
Organization Overview
Ronald Mcdonald House Charities Detroit is located in Detroit, MI. The organization was established in 1982. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 12/2021, Ronald Mcdonald House Charities Detroit employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ronald Mcdonald House Charities Detroit 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, Ronald Mcdonald House Charities Detroit generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 7 years. 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
THE ORGANIZATION PROVIDES A HOME AWAY FROM HOME AND SUPPORT SERVICES TO FAMILIES WITH CHILDREN HOSPITALIZED AT CHILDRENS HOSPITAL OF MICHIGAN
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF RONALD MCDONALD HOUSE OF DETROIT IN CONJUNCTION WITH CHILDRENS HOSPITAL OF MICHIGAN THE HOUSE PROVIDES A HOME AWAY FROM HOME FOR PARENTS AND FAMILIES WITH CHILDREN IN THE HOSPITAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Litomisky Executive Director | Officer | 40 | $156,014 |
Jenna Greenman President | Officer | 0 | $0 |
Jorge Monteiro Co-Treasurer | Officer | 0 | $0 |
Eric Bischer Co-Treasurer | Officer | 0 | $0 |
Joni Thrower Secretary | Officer | 0 | $0 |
Sheri Mark Vice President | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $95,630 |
| Related organizations | $0 |
| Government grants | $142,280 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,621,604 |
| Noncash contributions included in lines 1a–1f | $552,228 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,859,514 |
| Total Program Service Revenue | $0 |
| Investment income | $95,433 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $84,016 |
| Net Income from Fundraising Events | $101,106 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,140,069 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $172,614 |
| Compensation of current officers, directors, key employees. | $27,618 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $463,950 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $54,676 |
| Payroll taxes | $48,050 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,004 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,311 |
| Fees for services: Other | $0 |
| Advertising and promotion | $90,714 |
| Office expenses | $52,733 |
| Information technology | $13,650 |
| Royalties | $0 |
| Occupancy | $72,097 |
| 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 | $276,038 |
| Insurance | $19,158 |
| All other expenses | $13,523 |
| Total functional expenses | $1,964,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $362,965 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $12,499 |
| Accounts receivable, net | $143,346 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $68,000 |
| Prepaid expenses and deferred charges | $6,192 |
| Net Land, buildings, and equipment | $4,587,068 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,454,960 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,635,030 |
| Accounts payable and accrued expenses | $53,481 |
| 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 | $53,481 |
| Net assets without donor restrictions | $7,920,078 |
| Net assets with donor restrictions | $661,471 |
| 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 | $8,635,030 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Ronald Mcdonald House Charities Detroit has recieved totaling $523,253.
| Awarding Organization | Amount |
|---|---|
Ronald Mcdonald House Charities Inc Chicago, IL PURPOSE: See part IV - d | $416,169 |
Childrens Hospital Of Michigan Foundation Detroit, MI PURPOSE: TO SUPPORT DRIVER SALARIES AND VAN MAINTENANCE FOR SHUTTLE SERVICE BETWEEN RONALD MCDONALD HOUSE AND CHM. TO SUPPORT MAINTENANCE FOR THE RMDC CAREMOBILE. | $55,000 |
Thrivent Charitable Impact & Investing Appleton, WI PURPOSE: GENERAL SUPPORT | $15,000 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $14,039 |
Jt Mestdagh Foundation St Clair Shores, MI PURPOSE: TO SUPPORT GENERAL MISSION | $10,000 |
Others First Inc Rochester Hills, MI | | $10,000 |
Endowment Analysis
| Beg. Balance | $547,615 |
| Earnings | $1,020 |
| Ending Balance | $548,635 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Health Network Foundation Inc Indianapolis, IN | $96,702,775 | $20,395,245 |
Metrohealth Foundation Inc Cleveland, OH | $88,791,792 | $21,235,092 |
Community First Solutions Hamilton, OH | $99,479,120 | $13,306,151 |
Fund For Medical Research And Education Detroit, MI | $30,425,506 | $9,049,534 |
Pulaski Health Foundation Inc Winamac, IN | $8,480,545 | $8,038,166 |
Healthcare Foundation Of La Porte Inc La Porte, IN | $192,768,600 | $27,903,057 |
Legacy Foundation Of Central Wisconsin Inc Wisconsin Rapids, WI | $142,600,446 | $4,980,958 |
Metro Solutions Inc Southfield, MI | $8,153,189 | $9,205,268 |
Marshfield Clinic Health System Foundation Inc Marshfield, WI | $149,772,122 | $21,068,703 |
Legacy Dmc Detroit, MI | $0 | $132,374 |
Umrc Foundation Inc Chelsea, MI | $60,873,284 | $7,062,844 |
W O Walker Center Inc Cleveland, OH | $19,729,896 | $6,201,003 |