funder logo

THE MICHAEL FOUNDATION INC

THE MICHAEL FOUNDATION INC

Phoenixville, PA, US
501(c)3
EIN
58-1992204
Open for Solicitation
Private Foundation
Regional Funder
funder logo

THE MICHAEL FOUNDATION INC

Phoenixville, PA, US
501(c)3
EIN
58-1992204
Open for Solicitation
Private Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$79,466

Investments
73%
Other
27%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$146,977

Grants
60%
Salaries & Benefits
22%
Fees to Service Providers
12%
Other
6%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$54,313
$58,169
+7%
Other
-$46,973
$21,297
-145%
Total Revenues
$7,340
$79,466
+983%
Expenses
2023
2024
Change
Grants
$87,000
$88,025
+1%
Benefits to Members
$0
$0
-
Salaries & Benefits
$32,000
$32,000
+0%
Fees to Service Providers
$18,785
$17,281
-8%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$1,143
-
Depreciation
$0
$0
-
Other
$3,958
$8,528
+115%
Total Expenses
$141,743
$146,977
+4%
Net income
2023
2024
Change
Net income
-$134,403
-$67,511
+50%
Income Statement
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