Madaro Family Community Fund
- Assets
- $120.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Boston, MA
- Founding
- 02/2017
- Data as of
- 12/2021
- EIN
- 81-1339515
Organization Overview
Madaro Family Community Fund is located in East Boston, MA. The organization was established in 2017. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, 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. Madaro Family Community Fund 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 12/2021, Madaro Family Community Fund generated $94.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $70.8k during the year ending 12/2021. While expenses have increased by 10.3% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ariel Glantz Director | 1 | $0 | |
Adrian Madaro President | 1 | $0 | |
Debra Cave Director | 1 | $0 | |
Meredith Lerner Moghimi Treasurer | 1 | $0 | |
Liana Lamattina Clerk | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $94,562 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $94,562 |
| 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 | $15,991 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $54,802 |
| Total expenses | $70,793 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $120,416 |
| Other assets | $0 |
| Total assets | $120,416 |
| Total liabilities | $0 |
| Net assets or fund balances | $120,416 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Madaro Family Community Fund has recieved totaling $2,650.
| Awarding Organization | Amount |
|---|---|
Davis Fam Charitable Fndn Boston, MA PURPOSE: CHARITABLE GIFT | $2,500 |
Barr Foundation Boston, MA PURPOSE: MATCHING GIFTS PROGRAM: FOR UNRESTRICTED SUPPORT | $150 |
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|---|---|---|
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Allied Community Resources Inc Enfield, CT | $34,336,472 | $10,127,664 |
Another Step Inc Valley Cottage, NY | $7,312,956 | $9,762,741 |
Barry L Price Rehabilitation Center Inc Newton, MA | $18,773,745 | $10,331,539 |
Specialized Community Care East Middlebury, VT | $2,866,634 | $9,711,783 |
New Seasons Inc Andover, CT | $0 | $9,032,831 |
Alternative Supports Inc Waltham, MA | $5,340,686 | $8,453,905 |
Independent Living Inc Newburgh, NY | $5,126,715 | $8,227,344 |
Choice Of New Rochelle Inc White Plains, NY | $3,655,888 | $8,760,646 |
Clasp Homes Inc Westport, CT | $7,378,676 | $9,335,190 |