Civic Intelligence

The Mary Fund

EIN 06-1004778 • 501(c)3 • Norwalk, CT

Profile

The purpose of the mary fund, inc. Is to develop, finance, own, lease, and manage safe, quality and permanently affordable housing for low and moderate income families and individuals in the areas we are operating throughout the united states. The mary fund seeks to treat affordable housing as an opportunity to elevate the lives not only of residents of properties it serves, but the communities in which they reside. Housing communities need not only be places of dwelling, but they can be locations where lives can be renewed, innovation and imagination can be spurred, and pride can be instilled.

20 Garner Street Norwalk CT 06854Norwalk, CT 06854

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

41st percentile

-1.7%

Higher net margin than 41% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

48th percentile

-3.5%

Faster asset growth than 48% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

92nd percentile

108%

Faster revenue growth than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$34,804

Down $1,250 (-3.5%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$34,804

Down $1,250 (-3.5%) from 2022

Operations
Liabilities / Revenue62nd percentileNet Margin41st percentile

Revenue

Up

$75,000

Up $39,000 (+108%) from 2022

Expenses

Up

$76,250

Up $40,250 (+112%) from 2022

Net Income

Down

-$1,250

Down $1,250 from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth48th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2011: $306Liabilities 2011: $0Net Assets 2011: $3062011Assets 2013: $1Liabilities 2013: $02013Assets 2014: $1Liabilities 2014: $02014Assets 2015: $1Liabilities 2015: $02015Assets 2016: $1Liabilities 2016: $02016Assets 2017: $1Liabilities 2017: $02017Assets 2019: $36,054Liabilities 2019: $02019Assets 2020: $36,054Liabilities 2020: $0Net Assets 2020: $36,0542020Assets 2021: $36,054Liabilities 2021: $0Net Assets 2021: $36,0542021Assets 2022: $36,054Liabilities 2022: $0Net Assets 2022: $36,0542022Assets 2023: $34,804Liabilities 2023: $0Net Assets 2023: $34,8042023

Highlighted filing

2023

Assets$34,804
Liabilities$0
Net Assets$34,804
Open 2023 Filing

Operations Trend

Revenue Growth92nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80K$60K$40K$20K$0-$20KRevenue 2011: $13,250Expenses 2011: $12,980Net Income 2011: $2702011Revenue 2013: $10,355Expenses 2013: $10,355Net Income 2013: $02013Revenue 2014: $9,838Expenses 2014: $9,838Net Income 2014: $02014Revenue 2015: $2,200Expenses 2015: $2,200Net Income 2015: $02015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $1,600Expenses 2017: $1,600Net Income 2017: $02017Revenue 2019: $18,800Expenses 2019: $18,800Net Income 2019: $02019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $36,000Expenses 2022: $36,000Net Income 2022: $02022Revenue 2023: $75,000Expenses 2023: $76,250Net Income 2023: -$1,2502023

Highlighted filing

2023

Revenue$75,000
Expenses$76,250
Net Income-$1,250
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$34,804
Liabilities
$0
Net assets
$34,804
Revenue
$75,000
Expenses
$76,250
Net income
-$1,250
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$34.8$0.00$34.8$75.0$76.3$1.25
2022Detailed filing. Detailed filing data is available for this year.$36.1$0.00$36.1$36.0$36.0$0.00
2021Detailed filing. Detailed filing data is available for this year.$36.1$0.00$36.1$0.00$0.00$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.1$0.00$36.1$0.00$0.00$0.00
2019Summary only. Only limited summary data is available for this year.$36.1$0.00$18.8$18.8$0.00
2017Summary only. Only limited summary data is available for this year.$0.00$0.00$1.60$1.60$0.00
2016Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2015Summary only. Only limited summary data is available for this year.$0.00$0.00$2.20$2.20$0.00
2014Summary only. Only limited summary data is available for this year.$0.00$0.00$9.84$9.84$0.00
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$10.4$10.4$0.00
2011Summary only. Only limited summary data is available for this year.$0.31$0.00$0.31$13.3$13.0$0.27
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jan 17, 2025
Return Version
2023v6.0
Gross Receipts
$75,000
Mission and Program Overview

Mission

The purpose of the mary fund, inc. Is to develop, finance, own, lease, and manage safe, quality and permanently affordable housing for low and moderate income families and individuals in the areas we are operating throughout the united states. The mary fund seeks to treat affordable housing as an opportunity to elevate the lives not only of residents of properties it serves, but the communities in which they reside. Housing communities need not only be places of dwelling, but they can be locations where lives can be renewed, innovation and imagination can be spurred, and pride can be instilled.

The purpose of the mary fund inc. Is to develop finance own lease and manage safe quality and permanently affordable housing for low and moderate income families and individuals in the areas we are operating throughout the united states. The mary fund seeks to treat affordable housing as an opportunity to elevate the lives not only of residents of properties it serves but the communities in which they reside. Housing communities need not only be places of dwelling but they can be locations where lives can be renewed innovation and imagination can be spurred and pride can be instilled.

Program Services

DescriptionGrantsExpenses
SINCE 1979 THE MARY FUND INC. HAS PROVIDED DIRECT ASSISTANCE TO THOSE HELPING TO ALLEVIATE THE BURDENS OF LIFE AND THOSE OF FAMILIES. WE SEEK PRIMARILY TO ALLEVIATE THESE BURDENS BY THE CREATION OF OUTSTANDING HOUSING COMMUNITIES AND DO SO THROUGH THE FOLLOWING ACTIVITIES:1 IDENTIFY UNDERWRITE AND ACQUIRE NON-PROFIT HOUSING COMMUNITIES THROUGH THE UNITED STATES2 ETHICALLY MANAGE AND OPERATE THESE COMMUNITIES IN THE ABSENCE OF ANY DISCRIMINATION FAVORITISM SEXISM OR AGEISM WITH THE GOAL OF A TRULY EQUAL PLAYING FIELD FOR ALL3 AIM FOR THE LONG-TERM OWNERSHIP OF OUR COMMUNITIES WITH AN INTEGRATED SET OF ORGANIZING PRINCIPLES4 PROVIDE AS MANY OPPORTUNITIES OUTSIDE OF RESIDENCY AS CAN BE ACHIEVED FOR OUR TENANTS$0$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
FRANK FARRICKERPresidentPT$0--
Lisa FarrickerDirectorPT$0--
Ashley AvitableDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Mary Fund Inc
EIN
06-1004778
In Care Of
% Frank Farricker
Address
20 GARNER STREET NORWALK CT 06854, NORWALK, CT 06854

Signing Officer

Name
Frank Farricker
Title
President
Signed
2025-01-17
Supplemental Narrative

Additional Explanations

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| Other assets, $0, $|”

Raw XML Appendix142 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt020 GARNER ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NORWALK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006854
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IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
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IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
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IRS990EZ/GrossReceiptsAmt075000
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt036054
IRS990EZ/NetAssetsOrFundBalancesEOYAmt034804
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt036054
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt034804
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0FRANK FARRICKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Lisa Farricker
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Ashley Avitable
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THE MARY FUND INC. IS TO DEVELOP FINANCE OWN LEASE AND MANAGE SAFE QUALITY AND PERMANENTLY AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES AND INDIVIDUALS IN THE AREAS WE ARE OPERATING THROUGHOUT THE UNITED STATES. THE MARY FUND SEEKS TO TREAT AFFORDABLE HOUSING AS AN OPPORTUNITY TO ELEVATE THE LIVES NOT ONLY OF RESIDENTS OF PROPERTIES IT SERVES BUT THE COMMUNITIES IN WHICH THEY RESIDE. HOUSING COMMUNITIES NEED NOT ONLY BE PLACES OF DWELLING BUT THEY CAN BE LOCATIONS WHERE LIVES CAN BE RENEWED INNOVATION AND IMAGINATION CAN BE SPURRED AND PRIDE CAN BE INSTILLED.
IRS990EZ/PrintingPublicationsPostageAmt01250
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SINCE 1979 THE MARY FUND INC. HAS PROVIDED DIRECT ASSISTANCE TO THOSE HELPING TO ALLEVIATE THE BURDENS OF LIFE AND THOSE OF FAMILIES. WE SEEK PRIMARILY TO ALLEVIATE THESE BURDENS BY THE CREATION OF OUTSTANDING HOUSING COMMUNITIES AND DO SO THROUGH THE FOLLOWING ACTIVITIES:1 IDENTIFY UNDERWRITE AND ACQUIRE NON-PROFIT HOUSING COMMUNITIES THROUGH THE UNITED STATES2 ETHICALLY MANAGE AND OPERATE THESE COMMUNITIES IN THE ABSENCE OF ANY DISCRIMINATION FAVORITISM SEXISM OR AGEISM WITH THE GOAL OF A TRULY EQUAL PLAYING FIELD FOR ALL3 AIM FOR THE LONG-TERM OWNERSHIP OF OUR COMMUNITIES WITH AN INTEGRATED SET OF ORGANIZING PRINCIPLES4 PROVIDE AS MANY OPPORTUNITIES OUTSIDE OF RESIDENCY AS CAN BE ACHIEVED FOR OUR TENANTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt076250
IRS990EZ/TotalRevenueAmt075000
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.maryfund.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt075000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt036000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0111000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportPY170Pct01
IRS990ScheduleA/PublicSupportTotal170Amt0111000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt075000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt036000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0111000
IRS990ScheduleA/TotalSupportAmt0111000
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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Explanation:, BOYAmount:, EOYAmount:| Other assets, $0, $|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part II, line 26
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANK FARRICKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Mary Fund Inc
ReturnHeader/Filer/BusinessNameControlTxt0MARY
ReturnHeader/Filer/EIN0061004778
ReturnHeader/Filer/ForeignPhoneNum02035546140
ReturnHeader/Filer/InCareOfNm0% Frank Farricker
ReturnHeader/Filer/USAddress/AddressLine1Txt020 GARNER STREET NORWALK CT 06854
ReturnHeader/Filer/USAddress/CityNm0NORWALK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006854
ReturnHeader/ReturnTs02025-01-17T07:56:31-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits