Mrcharity Inc
- Assets
- $480.0k
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 9
- Location
- Greenville, NC
- Founding
- Data as of
- 12/2021
- EIN
- 85-2067214
Organization Overview
Mrcharity Inc is located in Greenville, NC. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Mrcharity Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mrcharity 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 12/2021, Mrcharity Inc generated $2.8m in total revenue. All expenses for the organization totaled $2.6m during the year ending 12/2021.
Since 2021, Mrcharity Inc has awarded 13 individual grants totaling $368,033. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MRCHARITY, INC. AIMS TO ALLEVIATE HOMELESSNESS, HUNGER, AND UNEMPLOYMENT BY UTILIZING SOCIAL MEDIA PLATFORMS TO REACH WIDE AUDIENCES TO RAISE AWARENESS AND FUNDS AND BY PARTNERING WITH OTHER CHARITABLE ORGANIZATIONS. THE ORGANIZATION WILL CONSTRUCT AND OPERATE FOOD PANTRIES IN UNDERSERVED COMMUNITIES THROUGHOUT THE UNITED STATES AND WILL GIVE LIFE-CHANGING GRANTS, ASSISTANCE, AND MONETARY AND NON-MONETARY GIFTS TO FEED THE HUNGRY AND COMBAT THE SUFFERING OF INDIVIDUALS AND FAMILIES IN NEED. THE ORGANIZATION PROVIDES SUPPORT, ENCOURAGEMENT, AND ASSISTANCE TO PEOPLE AND ORGANIZATIONS THAT FIGHT TO OFFER DIGNITY AND END SUFFERING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE BEGINNING SERVICES IN OCTOBER 2020, THE ORGANIZATION HAS PROVIDED FOOD AND OTHER GROCERIES TO FOOD INSECURE HOUSEHOLDS AND FUNDS TO OUTREACH PROGRAMS THAT PROVIDE ASSISTANCE TO INDIVIDUALS SUFFERING FROM HOMELESSNESS, HUNGER, AND UNEMPLOYMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darren Margolias Executive Dir. | Officer | 40 | $81,272 |
James Donaldson Chairman | OfficerTrustee | 2 | $0 |
Susan Parisher President/treas | OfficerTrustee | 2 | $0 |
James Warren Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $988,495 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,794,913 |
| Noncash contributions included in lines 1a–1f | $1,222,277 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,783,408 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$10,005 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $37,118 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,810,521 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,127,036 |
| Grants and other assistance to domestic individuals. | $442,176 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $84,240 |
| Compensation of current officers, directors, key employees. | $16,848 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $288,362 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,602 |
| Payroll taxes | $28,488 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $142,989 |
| Fees for services: Accounting | $5,878 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $80,131 |
| Advertising and promotion | $24,712 |
| Office expenses | $14,634 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $136,639 |
| Travel | $6,804 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,722 |
| Insurance | $8,000 |
| All other expenses | $19,384 |
| Total functional expenses | $2,566,279 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $201,667 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $97,876 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $76,470 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $99,035 |
| Other assets | $4,949 |
| Total assets | $479,997 |
| Accounts payable and accrued expenses | $61,703 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $61,703 |
| Net assets without donor restrictions | $418,294 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $479,997 |
Grants Awarded
Over the last fiscal year, Mrcharity Inc has awarded $368,033 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Winterville, NC PURPOSE: EDUCATIONAL ASSISTANCE | $87,211 |
Clarkston, GA PURPOSE: EDUCATIONAL ASSISTANCE | $43,887 |
Durham, NC PURPOSE: EDUCATIONAL ASSISTANCE | $35,826 |
A TOUCH OF FATHERS LOVE PURPOSE: FOOD ASSISTANCE | $35,220 |
Greenville, NC PURPOSE: EDUCATIONAL ASSISTANCE | $30,320 |
STEPP ECU PURPOSE: EDUCATIONAL ASSISTANCE | $25,946 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Mrcharity Inc has recieved totaling $1,795,079.
| Awarding Organization | Amount |
|---|---|
Food Bank Of Central & Eastern North Carolina Inc Raleigh, NC PURPOSE: FIGHT HUNGER | $1,590,079 |
Bikoff Foundation Whitestone, NY PURPOSE: GENERAL FUND | $180,000 |
Hormel Foods Corporation Chartible Tr Austin, MN PURPOSE: COMMUNITY SUPPORT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Food Bank Of The Albemarle Elizabeth City, NC | $9,553,022 | $20,689,010 |
The Outreach Center Morganton, NC | $2,574,708 | $14,499,667 |
Fredericksburg Regional Foodbank Fredericksburg, VA | $8,960,117 | $13,387,869 |
Americas Second Harvest Of Coastal Georgia Inc Savannah, GA | $29,043,822 | $21,288,824 |
Southern Crescent Resource Ministries Inc Mcdonough, GA | $673,774 | $10,495,783 |
Georgia Mountain Food Bank Inc Gainesville, GA | $3,687,174 | $8,678,938 |
Arlington Food Assistance Center Arlington, VA | $10,923,137 | $8,776,012 |
Healthy Harvest Food Bank Inc Warsaw, VA | $3,746,994 | $6,443,938 |
Federation Of Virginia Food Banks Richmond, VA | $1,700,270 | $4,414,644 |
Loaves & Fishes Food Pantry Inc Charlottesville, VA | $3,765,333 | $4,882,218 |
Hospitality Pantries Inc Knoxville, TN | $3,211,850 | $4,654,176 |
Smyrna-Lavergne Food Bank Murfreesboro, TN | $2,393,022 | $4,605,717 |