Ronald Mcdonald House Charities Of The Central Valley Inc
- Assets
- $13.6m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 28
- Location
- Madera, CA
- Founding
- 02/1997
- Data as of
- 12/2022
- EIN
- 94-2864490
Organization Overview
Ronald Mcdonald House Charities Of The Central Valley Inc is located in Madera, CA. The organization was established in 1997. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Ronald Mcdonald House Charities Of The Central Valley Inc employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ronald Mcdonald House Charities Of The Central Valley 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 12/2022, Ronald Mcdonald House Charities Of The Central Valley Inc generated $2.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. While expenses have increased by 5.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF RONALD MCDONALD HOUSE CHARITIES IS TO CREATE, FIND AND SUPPORT PROGRAMS THAT DIRECTLY IMPROVE THE HEALTH AND WELL-BEING OF CHILDREN AND THEIR FAMILIIES. WE FULFILL OUR MISSION THROUGH OPERATION OF SUSTAINABLE PROGRAMS THAT ENABLE FAMILY-CENTERED CARE, BRIDGE ACCESS TO QUALITY HEALTH CARE, ARE A VITAL PART OF THE HEALTH CARE CONTINUUM AND STRENGTHEN FAMILIES DURING DIFFICULT TIMES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
*PROVIDED A HOME AWAY FROM HOME FOR FAMILIES OF CHILDREN BEING TREATED FOR SERIOUS INJURIES AND ILLNESSES AT VALLEY CHILDREN'S HOSPITAL.*FAMILIES COME FROM MORE THAN 9 CENTRAL CALIFORNIA COUNTIES, OFTEN MORE THAN 3 HOURS FROM HOME.*THE HOUSE PROVIDES THE FAMILIES A RESPITE FROM THE HOSPITAL SETTING AS WELL AS SUPPORT FOR THEIR EMOTIONAL AND PHYSICAL NEEDS.*THE HOUSE HAS 18 BEDROOMS, EACH WITH PRIVATE BATHROOMS, A KITCHEN WITH FULL FACILITIES, A LAUNDRY ROOM, PLAY ROOM, LIVING ROOM, OUTDOOR PLAY AREA, AND MORE. DURING THE YEAR APPROXIMATELY 126 FAMILIES WERE SERVED STAYING AT THE HOUSE FOR 28 DAYS OR MORE AT A TIME.*FAMILIES ARE CHARGED A NOMINAL FEE ($15 PER NIGHT) THAT IS WAIVED IF THE FAMILY CANNOT AFFORD IT. NONPERISHABLE FOOD IS PROVIDED FOR FAMILIES WHO NEED IT.*ALONG WITH AN AFFORDABLE ROOM AND THE CONVENIENCE OF BEING WITHIN WALKING DISTANCE FROM THE HOSPITAL, SERVICES AVAILABLE TO FAMILIES INCLUDE KITCHENS, LAUNDRY FACILITIES, CHILDREN'S PLAY AREA AND QUIET ROOMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kent Karsevar Executive Dir. | Officer | 40 | $134,066 |
Ed Carolan Vice President | OfficerTrustee | 2 | $0 |
Patrick Mata Director | Trustee | 2 | $0 |
Deanna Spellman President | OfficerTrustee | 2 | $0 |
Jennifer Predmore Director | Trustee | 2 | $0 |
Mike Agostini Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $109,598 |
| Related organizations | $0 |
| Government grants | $45,051 |
| All other contributions, gifts, grants, and similar amounts not included above | $689,789 |
| Noncash contributions included in lines 1a–1f | $82,972 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $844,438 |
| Total Program Service Revenue | $190 |
| Investment income | $282,330 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $152,573 |
| Net Income from Fundraising Events | $249,539 |
| Net Income from Gaming Activities | $698,501 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,239,626 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $138,213 |
| Compensation of current officers, directors, key employees. | $69,106 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $605,599 |
| Pension plan accruals and contributions | $12,875 |
| Other employee benefits | $111,392 |
| Payroll taxes | $60,857 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $119,887 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $102,558 |
| Fees for services: Other | $4,258 |
| Advertising and promotion | $0 |
| Office expenses | $26,025 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $73,334 |
| Insurance | $33,789 |
| All other expenses | $195,738 |
| Total functional expenses | $1,748,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,008,367 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $29,691 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $340,098 |
| Net Land, buildings, and equipment | $1,603,568 |
| Investments—publicly traded securities | $10,554,366 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $75,735 |
| Total assets | $13,611,825 |
| Accounts payable and accrued expenses | $143,021 |
| Grants payable | $0 |
| Deferred revenue | $150,520 |
| 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 | $293,541 |
| Net assets without donor restrictions | $11,904,619 |
| Net assets with donor restrictions | $1,413,665 |
| 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 | $13,611,825 |