Pm2 Foundation Inc
- Assets
- $4.0k
- Revenue
- $81.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Apollo Beach, FL
- Founding
- 12/2015
- Data as of
- 12/2023
- EIN
- 47-4369649
Organization Overview
Pm2 Foundation Inc is located in Apollo Beach, FL. The organization was established in 2015. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pm2 Foundation 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 12/2023, Pm2 Foundation Inc generated $81.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $90.1k during the year ending 12/2023. While expenses have increased by 21.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Pm2 Foundation Inc has awarded 57 individual grants totaling $270,615. 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
THE FOUNDATION PROVIDES BENEVOLENT ASSISTANCE TO INDIVIDUALS IN NEED IN VARIOUS FORMS INCLUDING CLOTHING, FOOD, BASIC NECESSITIES AND ASSISTANCE WITH PAYMENTS TO SERVICE PROVIDERS.
THE FOUNDATION GIVES CHARITABLE DISTRIBUTIONS TO QUALIFYING NONPROFIT ORGANIZATIONS IN FLORIDA, THE UNITED STATES AND AROUND THE WORLD.
THE FOUNDATION GIVES CHARITABLE DISTRIBUTIONS TO QUALIFYING NONPROFIT ORGANIZATIONS TO PROVIDE LABOR FOR VARIOUS PROJECTS THAT ARE NEEDED BY NONPROFITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Floen President/tr | 0.5 | $0 | |
Julie Floen Secretary | 0.5 | $0 | |
Eric Eichelberger Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $81,590 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $81,590 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,128 |
| Total operating and administrative expenses | $2,628 |
| Contributions, gifts, grants paid | $87,470 |
| Total expenses and disbursements | $90,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,959 |
| 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 | $3,959 |
| 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, Pm2 Foundation Inc has awarded $87,470 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ICDM PURPOSE: DONATION | $1,611 |
13 VARIOUS SMALL GRANTS PURPOSE: DONATION | $12,365 |
CENTERPOINT CHURCH PURPOSE: DONATION | $12,730 |
A DOOR OF HOPE PURPOSE: DONATION | $1,175 |
EMERGENCY MEDICAL - GO FUND ME PURPOSE: DONATION | $48,220 |
AMERICAN CANCER SOCIETY PURPOSE: DONATION | $3,000 |