Megan Schulman Memorial Foundation is located in Myrtle Beach, SC. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, 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. Megan Schulman Memorial 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 12/2023, Megan Schulman Memorial Foundation generated $58.0k 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 (22.9%) each year. All expenses for the organization totaled $15.1k during the year ending 12/2023. 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
DONATIONS MADE TO ORGANIZATIONS & EDUCATORS WHO CARRY OUT UNWAVERING COMPASSION FOR OTHERS, COMMITMENT TO COMMUNITY INVOLVEMENT, AND DEDICATION TO ACADEMIC EXCELLENCE
DONATIONS MADE TO ORGANIZATIONS & EDUCATORS WHO CARRY OUT UNWAVERING COMPASSION FOR OTHERS, COMMITMENT TO COMMUNITY INVOLVEMENT, AND DEDICATION TO ACADEMIC EXCELLENCE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stuart Schulman President | 0 | $0 | |
Michele Schulman Vice President | 0 | $0 | |
Jenna Schulman Secretary | 0 | $0 | |
Tyler Schulman Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $30,267 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $6,473 |
Gain or Loss | $25 |
Net Income from Gaming & Fundraising | $21,256 |
Other Revenue | $0 |
Total Revenue | $58,021 |
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 | $2,347 |
Other expenses | $156 |
Total expenses | $15,088 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $190,866 |
Other assets | $0 |
Total assets | $190,866 |
Total liabilities | $0 |
Net assets or fund balances | $190,866 |