Mater Divinae Misericordiae Foundation Inc is located in Ave Maria, FL. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Mater Divinae Misericordiae 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 12/2023, Mater Divinae Misericordiae Foundation Inc generated $53.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (26.3%) each year. All expenses for the organization totaled $30.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (28.8%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FUNDED THE OPERATIONS OF A MEDICAL CLINIC IN OKOPEDI-OKOBO, NIGERIA FOR 2023. THE MEDICAL CARE IS PROVIDED FOR FREE TO THE POOREST OF THE POOR IN THE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Phillip Kelly President Of The Board Of Directors | 1 | $0 | |
Zachary Henry Executive Director, VP Bod | 2 | $0 | |
Deanna Basile Kelly Director | 0.25 | $0 | |
Ignacio Luzarraga Director | 0.25 | $0 | |
James Mathews Director | 0.25 | $0 | |
James Soltis Director | 0.25 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $53,285 |
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 | $53,285 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $30,000 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $102,347 |
Other assets | $0 |
Total assets | $102,347 |
Total liabilities | $0 |
Net assets or fund balances | $102,347 |