Maureen And Michael Mcinerney Charitable Foundation Inc
- Assets
- $223.3k
- Revenue
- $57.1k
- Investments
- $147.5k
- Employees
- 0
- Location
- Pompano Beach, FL
- Founding
- 06/2016
- Data as of
- 12/2022
- EIN
- 81-0798757
Organization Overview
Maureen And Michael Mcinerney Charitable Foundation Inc is located in Pompano Beach, FL. The organization was established in 2016. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maureen And Michael Mcinerney Charitable 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 12/2022, Maureen And Michael Mcinerney Charitable Foundation Inc generated $57.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.2% each year . All expenses for the organization totaled $38.2k during the year ending 12/2022. While expenses have increased by 6.2% per year over the past 7 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, Maureen And Michael Mcinerney Charitable Foundation Inc has awarded 35 individual grants totaling $184,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maureen E Mcinerney Director | 0 | $0 | |
Michael J Mcinerney Director | 0 | $0 | |
John O Mcmanus ESQ Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $36 |
| Dividends & Interest | $7,067 |
| 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 | $57,103 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $99 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,159 |
| Contributions, gifts, grants paid | $36,000 |
| Total expenses and disbursements | $38,159 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,828 |
| 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 | $223,282 |
| 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, Maureen And Michael Mcinerney Charitable Foundation Inc has awarded $36,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
THE LOUGHLIN FOUNDATION PURPOSE: TO PROMOTE THE WELFARE OF CHILDREN | $20,000 |
ST JUDE CHILDREN'S RESEARCH HOSPITA PURPOSE: TO PROMOTE THE WELFARE OF CHILDREN | $5,000 |
ST FRANCIS COLLEGE PURPOSE: TO PROMOTE THE WELFARE OF CHILDREN | $1,500 |
THE ASHLEY LAUREN FOUNDATION PURPOSE: TO EASE THE JOURNEY OF PEDIATRIC CANCER PATIENTS | $1,000 |
FRESH AIR FUND PURPOSE: TO PROMOTE CHILDREN'S SUMMER PROGRAMS | $2,500 |
ST MARY'S HOSPITAL FOR CHILDREN PURPOSE: TO PROMOTE THE WELFARE OF CHILDREN WITH SPECIAL NEEDS | $5,000 |