Mals Foundation
- Assets
- $714.0
- Revenue
- $26.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Waterford, MI
- Founding
- Data as of
- 12/2021
- EIN
- 87-1801845
Organization Overview
Mals Foundation is located in Waterford, MI. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mals Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Clippard President | 0 | $0 | |
Brent Opiela CFO | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $26,151 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $26,151 |
| 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 | $1,138 |
| Total operating and administrative expenses | $1,138 |
| Contributions, gifts, grants paid | $24,767 |
| Total expenses and disbursements | $25,905 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $709 |
| Savings and temporary cash investments | $5 |
| 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 | $714 |
| Accounts payable and accrued expenses | $0 |
| 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 | $468 |
| Total liabilities | $468 |
Grants Awarded
Over the last fiscal year, Mals Foundation has awarded $24,767 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
JOHN N SANTEIU & SON FUNERAL DIRECT PURPOSE: FUNERAL | $12,467 |
ST HEDWIG CEMETERY PURPOSE: BURIAL | $12,300 |
View Grant Profile
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fund For Medical Research And Education Detroit, MI | $30,425,506 | $9,049,534 |
Pulaski Health Foundation Inc Winamac, IN | $8,480,545 | $8,038,166 |
Healthcare Foundation Of La Porte Inc La Porte, IN | $192,768,600 | $27,903,057 |
Legacy Foundation Of Central Wisconsin Inc Wisconsin Rapids, WI | $142,600,446 | $4,980,958 |
Metro Solutions Inc Southfield, MI | $8,153,189 | $9,205,268 |
Marshfield Clinic Health System Foundation Inc Marshfield, WI | $149,772,122 | $21,068,703 |
Legacy Dmc Detroit, MI | $0 | $132,374 |
Umrc Foundation Inc Chelsea, MI | $60,873,284 | $7,062,844 |
W O Walker Center Inc Cleveland, OH | $19,729,896 | $6,201,003 |
Blue Cross And Blue Shield Of Michigan Foundation Detroit, MI | $61,896,872 | $15,786,685 |
Sparrow Foundation Lansing, MI | $31,611,977 | $7,751,480 |
Dmc Foundation Detroit, MI | $83,661,972 | $8,497,712 |