Civic Intelligence

Mary Fund Inc

990EZ • Fiscal year 2020 • EIN 06-1004778

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 08, 2021

Organization ProfileN/A
20 Garner StNorwalk, CT 06854

(203) 930-2880

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

44th percentile

0.0%

Faster asset growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Flat

$36,054

Flat from 2019

Net Assets

$36,054

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $18,800 (-100%) from 2019

Expenses

Down

$0

Down $18,800 (-100%) from 2019

Net Income

Flat

$0

Flat from 2019

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2020

Assets$36,054
Liabilities$0
Net Assets$36,054
Open 2020 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income across loaded years, with this 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

2020

Revenue$0
Expenses$0
Net Income$0
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 8, 2021
Return Version
2020v4.1
Gross Receipts
$0
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.

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 Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
FRANK FARRICKERPresidentPT$0--
SUZANNA CAHILLDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
The Mary Fund Inc
EIN
06-1004778
Phone
2039302880
Address
20 GARNER ST, NORWALK, CT 06854

Signing Officer

Name
Frank Farricker
Title
President
Phone
2039302880
Signed
2021-11-08
Discuss with paid preparer
Yes

Preparer

Firm
Carr Riggs & Ingram LLC
Address
111 VETERANS BLVD SUITE 350, METAIRIE, LA 70005
Preparer
Melissa Y Duhon CPA
Phone
5048379116
Supplemental Narrative

Additional Explanations

Form 990-ez Part V Line 34

“The governing documents (articles of incorporation, bylaws and purpose statement) have been amended to better reflect the organization's goal to aid the poor and distressed as described in the irs low-income housing guidelines safe harbor (rev. Proc. 96-32).”

Raw XML Appendix119 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0FRANK FARRICKER
IRS990EZ/BooksInCareOfDetail/PhoneNum02039302880
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt020 GARNER ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NORWALK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006854
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt036054
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt036054
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IRS990EZ/GrossReceiptsAmt00
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IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt036054
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt036054
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt036054
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0FRANK FARRICKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SUZANNA CAHILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
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/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/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt00
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt067420
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt069020
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt069020
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt067420
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01600
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt069020
IRS990ScheduleA/TotalSupportAmt069020
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION, BYLAWS AND PURPOSE STATEMENT) HAVE BEEN AMENDED TO BETTER REFLECT THE ORGANIZATION'S GOAL TO AID THE POOR AND DISTRESSED AS DESCRIBED IN THE IRS LOW-INCOME HOUSING GUIDELINES SAFE HARBOR (REV. PROC. 96-32).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ PART V LINE 34
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANK FARRICKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02039302880
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE MARY FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0MARY
ReturnHeader/Filer/EIN0061004778
ReturnHeader/Filer/PhoneNum02039302880
ReturnHeader/Filer/USAddress/AddressLine1Txt020 GARNER ST
ReturnHeader/Filer/USAddress/CityNm0NORWALK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006854
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721396621
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARR RIGGS & INGRAM LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0111 VETERANS BLVD SUITE 350
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0METAIRIE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070005
ReturnHeader/PreparerPersonGrp/PhoneNum05048379116
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MELISSA Y DUHON CPA
ReturnHeader/ReturnTs02021-12-14T15:12:48-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0FRANK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FARRICKER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$36,054
Liabilities
$0
Net assets
$36,054
Revenue
$0
Expenses
$0
Net income
$0
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
2020Detailed filing. Detailed filing data is available for this year.$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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits