Making A Difference With The Friends Of Bill Mckoy Foundation is located in Paterson, NJ. The organization was established in 2006. According to its NTEE Classification (P58) the organization is classified as: Gift 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. Making A Difference With The Friends Of Bill Mckoy 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 12/2022, Making A Difference With The Friends Of Bill Mckoy Foundation generated $120.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 27.8% each year . All expenses for the organization totaled $92.3k during the year ending 12/2022. While expenses have increased by 18.2% 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brenda Mckoy Trustee | 8 | $0 | |
Wilma Brett Trustee | 2 | $0 | |
Matthew Mckoy Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $116,028 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $4,511 |
Other Revenue | $0 |
Total Revenue | $120,539 |
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 | $875 |
Occupancy, rent, utilities, and maintenance | $3,999 |
Printing, publications, postage, and shipping | $4,736 |
Other expenses | $82,652 |
Total expenses | $92,262 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $38,610 |
Other assets | $0 |
Total assets | $38,610 |
Total liabilities | $0 |
Net assets or fund balances | $38,610 |