Ronald Mcdonald House Charities Inc
- Assets
- $0.0
- Revenue
- $121.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Hudsonville, MI
- Founding
- 12/2007
- Data as of
- 12/2022
- EIN
- 38-2826089
Organization Overview
Ronald Mcdonald House Charities Inc is located in Hudsonville, MI. The organization was established in 2007. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, 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. Ronald Mcdonald House Charities 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 12/2022, Ronald Mcdonald House Charities Inc generated $121.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (31.4%) each year. All expenses for the organization totaled $870.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Ronald Mcdonald House Charities Inc has awarded 47 individual grants totaling $2,155,482. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MISSION: TO CREATE, FIND AND SUPPORT PROGRAMS THAT DIRECTLY IMPROVE THE HEALTH AND WELL BEING OF CHILDREN
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION ISSUES GRANTS TO OTHER NON-PROFIT ORGANIZATIONS THAT IMPROVE THE WELL BEING OF CHILDREN. THE GRANTS SUPPORT EDUCATION PROGRAMS AND ENHANCE PROGRAMS THAT ENRICH THE LIVES OF CHILDREN BY BROADENING THEIR HORIZONS THROUGH EDUCATIONAL, CULTURAL AND RECREATIONAL EXPERIENCES. PLEASE REFER TO DETAILS ON SCHEDULE I, PART II.
THE ORGANIZATION ISSUES COLLEGE SCHOLARSHIPS TO STUDENTS. SELECTION OF RECIPIENTS IS BASED UPON ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND COMMUNITY INVOLVEMENT. THE SCHOLARSHIPS ARE FOR GRADUATING HIGH SCHOOL SENIORS AND CAN BE USED AT ANY ACCREDITED INSTITUTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Aronica Director | Trustee | $0 | |
Terri Beebe Secretary | OfficerTrustee | $0 | |
Marcia Bishop Director | Trustee | $0 | |
Michael Bohnsack Director | Trustee | $0 | |
Glen V Borre Director | Trustee | $0 | |
Ellen Carpenter Director | Trustee | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $121,332 |
| Investment income | $0 |
| 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 | $121,332 |
| 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. | $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 | $4,280 |
| 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 | $866,460 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $870,740 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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 | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Ronald Mcdonald House Charities Inc has awarded $722,611 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
RONALD MCDONALD HOUSE OF MID MICH | | | $263,158 |
RONALD MCDONALD HOUSE OF WM | | | $459,453 |