Micah-6-8 Blessings Charitable Foundation
- Assets
- $994.2k
- Revenue
- $218.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Melville, NY
- Founding
- 04/2018
- Data as of
- 12/2022
- EIN
- 82-3276440
Organization Overview
Micah-6-8 Blessings Charitable Foundation is located in Melville, NY. The organization was established in 2018. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Micah-6-8 Blessings Charitable 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, Micah-6-8 Blessings Charitable Foundation generated $218.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $160.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Micah-6-8 Blessings Charitable Foundation has awarded 24 individual grants totaling $1,047,225. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sai W Fung Co-Trustee | 0 | $0 | |
Po Yin Fung Co-Trustee | 0 | $0 | |
Stephanie Churk-Yin Fung Co-Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,492 |
| Interest on Savings | $229 |
| Dividends & Interest | $9,934 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,985 |
| Capital Gain Net Income | $7,985 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $218,640 |
| 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 | $6,666 |
| Total operating and administrative expenses | $9,166 |
| Contributions, gifts, grants paid | $151,725 |
| Total expenses and disbursements | $160,891 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $994,166 |
| 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 | $994,166 |
| Accounts payable and accrued expenses | $2,500 |
| 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 | $2,500 |
Grants Awarded
Over the last fiscal year, Micah-6-8 Blessings Charitable Foundation has awarded $151,725 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
LONG ISLAND CARES INC PURPOSE: TO FUND HUMANITARIAN EFFORTS IN LONG ISLAND, NY | $5,225 |
THEALLIANCE PURPOSE: PROJECT REIMAGINE - NATIONAL OFFICE RELOCATION | $40,000 |
COVENANT HOUSE NY PURPOSE: TO FUND FOOD AND HOUSING FOR THOSE IN NEED | $2,500 |
DOCTORS WITHOUT BORDERS PURPOSE: TO FUND MEDICAL AND HUMANITARIAN SUPPLIES FOR COUNTRIES AROUND THE WORLD | $1,000 |
LONG ISLAND ALLIANCE CHURCH PURPOSE: TO FUND THE LONG ISLAND ALLIANCE CHURCH | $100,000 |
MERCY SHIPS PURPOSE: TO FUND HEALTHCARE FOR THOSE IN NEED AROUND THE WORLD | $2,500 |