Cheryl Mcarthur Foundation
- Assets
- $3.6m
- Revenue
- $197.3k
- Investments
- $3.3m
- Employees
- 0
- Location
- Castle Rock, CO
- Founding
- 07/2013
- Data as of
- 12/2023
- EIN
- 45-4089855
Organization Overview
Cheryl Mcarthur Foundation is located in Castle Rock, CO. The organization was established in 2013. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cheryl Mcarthur 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, Cheryl Mcarthur Foundation generated $197.3k 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 (7.9%) each year. All expenses for the organization totaled $156.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Cheryl Mcarthur Foundation has awarded 17 individual grants totaling $245,000. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Mcarthur Chairman | 10 | $0 | |
Gary Buck Director | 2 | $8,333 | |
Mark A Schnurr CFO | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $41,462 |
| Dividends & Interest | $14,170 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $123,695 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $17,991 |
| Total Revenue | $197,318 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,333 |
| Other employee salaries and wages | $47,500 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,313 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,087 |
| Printing and publications | $0 |
| Other expenses | $7,679 |
| Total operating and administrative expenses | $93,562 |
| Contributions, gifts, grants paid | $63,000 |
| Total expenses and disbursements | $156,562 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $287,068 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,553,162 |
| 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 |
Grants Awarded
Over the last fiscal year, Cheryl Mcarthur Foundation has awarded $63,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
FLORA VISTA ELEMENTARY SCHOOL PURPOSE: GENERAL USE | $5,000 |
EISENHOWER MED CNTR PURPOSE: GENERAL USE | $50,000 |
EDWARD CHARLES FOUNDATION PURPOSE: GENERAL USE | $3,000 |
INCLAD PURPOSE: GENERAL USE | $5,000 |