The Monocacy Foundation Inc
- Assets
- $899.7k
- Revenue
- $77.2k
- Investments
- $805.9k
- Employees
- 0
- Location
- Frederick, MD
- Founding
- 06/1996
- Data as of
- 06/2024
- EIN
- 52-1953383
Organization Overview
The Monocacy Foundation Inc is located in Frederick, MD. The organization was established in 1996. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, 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. Monocacy 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 06/2024, Monocacy Foundation Inc generated $77.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $79.8k during the year ending 06/2024. While expenses have increased by 9.5% per year over the past 9 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 2015, Monocacy Foundation Inc has awarded 594 individual grants totaling $443,313. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Chaney II Treasurer | 2 | $0 | |
Donald Hiltner Jr Vice President | 2 | $0 | |
Gael Butcher Board Member | 2 | $0 | |
Dustin Sclater Board Member | 2 | $0 | |
Susan Holton Board Member | 2 | $0 | |
Michelle Hill Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $48,539 |
| Interest on Savings | $0 |
| Dividends & Interest | $17,414 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,258 |
| Capital Gain Net Income | $11,258 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $77,211 |
| 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 | $10,503 |
| Total operating and administrative expenses | $22,495 |
| Contributions, gifts, grants paid | $57,257 |
| Total expenses and disbursements | $79,752 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,645 |
| Savings and temporary cash investments | $88,087 |
| 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 | $805,939 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $899,671 |
| 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, The Monocacy Foundation Inc has awarded $57,257 in support to 96 organizations.
| Grant Recipient | Amount |
|---|---|
ADEN MURRAY PURPOSE: HOSEBACK RIDING LESSONS FOR INDIVIDUAL IN NEED | $490 |
AIDEN MARTINEZ PURPOSE: CLOTHING AND PERSONAL ITEMS FOR INDIVIDUAL IN NEED | $269 |
AMARI HARMON PURPOSE: CLASS FEES FOR INDIVIDUAL IN NEED | $490 |
AURORA EDWARDS PURPOSE: STROLLER FOR INDIVIDUAL IN NEED | $349 |
BAYLEIGH BENLER PURPOSE: OCCUPATIONAL THERAPY FOR INDIVIDUAL IN NEED | $360 |
ARYN BURKE PURPOSE: CLOTHING AND BASIC NEEDS FOR INDIVIDUAL IN NEED | $789 |