Civic Intelligence

Michael Magro Foundation Inc.

990 • Fiscal year 2014 • EIN 20-2280077

Jan 01, 2014 to Dec 31, 2014 • Filed on Jun 30, 2015

Organization ProfileMICHAELMAGROFOUNDATION.COM
12 Julian StreetHicksville, NY 11801

(718) 326-1221

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.00x

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

2014 filings • NTEE T30 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

73rd percentile

0.00x

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

2014 filings • NTEE T30 • <$500k nonprofits • Source year 2014

Net Margin

35th percentile

-1.3%

Higher net margin than 35% of similar nonprofits.

2014 filings • NTEE T30 • <$500k nonprofits • Source year 2014

Top Officer Pay

88th percentile

$0

Higher top officer pay than 88% of similar nonprofits.

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

2014 filings • NTEE T30 • <$500k nonprofits • Source year 2014

Asset Growth

25th percentile

-13%

Faster asset growth than 25% of similar nonprofits.

2014 filings • NTEE T30 • <$500k nonprofits • Annualized from 2012 to 2014

Revenue Growth

57th percentile

11%

Faster revenue growth than 57% of similar nonprofits.

2014 filings • NTEE T30 • <$500k nonprofits • Annualized from 2011 to 2014

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Down

$113,484

Down $36,997 (-25%) from 2012

Net Assets

Down

$113,484

Down $36,997 (-25%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin35th percentile

Revenue

$122,344

No earlier filing loaded for comparison.

Expenses

Up

$123,922

Up $28,967 (+31%) from 2012

Net Income

-$1,578

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$300K$200K$100K$0Assets 2010: $146,520Liabilities 2010: $0Net Assets 2010: $146,5202010Assets 2011: $144,226Liabilities 2011: $0Net Assets 2011: $144,2262011Assets 2012: $150,481Liabilities 2012: $0Net Assets 2012: $150,4812012Assets 2014: $113,484Liabilities 2014: $0Net Assets 2014: $113,4842014Assets 2017: $153,521Liabilities 2017: $0Net Assets 2017: $153,5212017Assets 2019: $214,930Liabilities 2019: $0Net Assets 2019: $214,9302019Assets 2021: $277,814Liabilities 2021: $0Net Assets 2021: $277,8142021Assets 2022: $109,824Liabilities 2022: $0Net Assets 2022: $109,8242022Assets 2023: $74,869Liabilities 2023: $0Net Assets 2023: $74,8692023Assets 2024: $68,224Liabilities 2024: $0Net Assets 2024: $68,2242024

Highlighted filing

2014

Assets$113,484
Liabilities$0
Net Assets$113,484
Open 2014 Filing

Operations Trend

Revenue Growth57th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2010: $91,2472010Revenue 2011: $89,600Expenses 2011: $91,894Net Income 2011: -$2,2942011Expenses 2012: $94,9552012Revenue 2014: $122,344Expenses 2014: $123,922Net Income 2014: -$1,5782014Revenue 2017: $172,335Expenses 2017: $163,203Net Income 2017: $9,1322017Revenue 2019: $295,525Expenses 2019: $273,126Net Income 2019: $22,3992019Revenue 2021: $377,960Expenses 2021: $436,767Net Income 2021: -$58,8072021Revenue 2022: $433,663Expenses 2022: $601,653Net Income 2022: -$167,9902022Revenue 2023: $350,663Expenses 2023: $385,618Net Income 2023: -$34,9552023Revenue 2024: $329,680Expenses 2024: $336,325Net Income 2024: -$6,6452024

Highlighted filing

2014

Revenue$122,344
Expenses$123,922
Net Income-$1,578
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 30, 2015
Return Version
2014v5.0
Gross Receipts
$122,344
Mission and Program Overview

Mission

To reduce the financial hardship of families of children diagnosed with cancer and/or blood disorder and help those children through the treatment and after treatment phase of their illness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$109,978$106,203▼ $3,775
Inventories for Sale or Use$2,348$2,348→ $0
Land, Buildings, and Equipment, Net$824$521▼ $303
Total Assets$115,062$113,484▼ $1,578
Other Assets Total$1,912$4,412▲ $2,500
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$115,062$113,484▼ $1,578
Total Net Assets Fund Balance$115,062$113,484▼ $1,578
Total Liabilities and Net Assets / Fund Balance$115,062$113,484▼ $1,578

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$538$3,392$3,930
Compensation and Service Providers
Top Officer Pay88th percentile

Board Members and Trustees

NameTitle
Paul MagroPresident
Alanna MoreyTrustee
Ann Marie DefrancesTrustee
Barbara SheildsTrustee
Brian HorvathTrustee
Dr Mark WeinblattTrustee
Edward WalshTrustee
Gail Ferratino WalshTrustee
Janice McintryeTrustee
Joseph S DesenaTrustee
Kenny ExlerTrustee
Linda SweeneyTrustee
Marc MagroTrustee
Mary Kate Maffett-colemanTrustee
Nicole AlmeidaTrustee
Scott GreenTrustee
Thomas PrioreTrustee
Sharon PaternosterSecretary
Linda SteinbergTreasurer
Terry MagroV-p
Revenue and Support

Revenue Composition

Contributions and Grants
$15,050
Program Service Revenue
$0
Investment Income
$46
Other Revenue
$107,248
All Other Contributions
$15,050
Change in Net Assets
$-1,578
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$123,922
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$2,851--$2,851
All Other Expenses$1,914$684-$2,598
Other Expenses$1,867$1,476-$1,476
Office Expenses$552$379-$931
Conferences and Meetings$285$243-$528
Depreciation Depletion-$303-$303
Travel$34$35-$69
Total Functional Expenses$120,179$3,743$0$123,922
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“Paul magro pres family relationship terry magro v-p family relationship marc magro trustee family relationship”

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“Form 990 is sent to the nys department of charities and open for inspection.”

Filing and Contact Details

Filer

Filer Name
Michael Magro Foundation Inc
EIN
20-2280077
Phone
7183261221
Address
12 JULIAN STREET, HICKSVILLE, NY 11801

Signing Officer

Name
Paul Magro
Title
President
Phone
7183261221
Signed
2015-06-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Magro
Formed
2005
Legal Domicile
Ny
Voting Board Members
20
Independent Board Members
20
Employees
0

Preparer

Firm
J K Pescow & Company
Address
128 PROSPECT AVE, DOUGLASTON, NY 11363
Preparer
Rochelle Nechin
Phone
7184235340
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To reduce the financial hardship of families of children diagnosed with cancer and/or blood disorder and help those children through the treatment and after treatment phase of their illness.”

Form 990, Page 1, Part I, Line 6

“Volunteers work on events. There is no compensation.”

Raw XML AppendixShowing 400 of 402 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO REDUCE THE FINANCIAL HARDSHIP OF FAMILIES OF CHILDREN DIAGNOSED WITH CANCER AND/OR BLOOD DISORDER AND HELP THOSE CHILDREN THROUGH THE TREATMENT AND AFTER TREATMENT PHASE OF THEIR ILLNESS.
IRS990/AllOtherContributionsAmt015050
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0684
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01914
IRS990/AllOtherExpensesGrp/TotalAmt02598
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0ROCHELLE NECHIN
IRS990/BooksInCareOfDetail/PhoneNum07184235340
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0128 PROSPECT AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0DOUGLASTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011363
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0109978
IRS990/CashNonInterestBearingGrp/EOYAmt0106203
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0243
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0285
IRS990/ConferencesMeetingsGrp/TotalAmt0528
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt015050
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt046
IRS990/CYOtherExpensesAmt0123922
IRS990/CYOtherRevenueAmt0107248
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-1578
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0123922
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0122344
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0303
IRS990/DepreciationDepletionGrp/TotalAmt0303
IRS990/Desc0TO REDUCE THE FINANCIAL HARDSHIP AND HELP EASE THE EMOTIONAL TURMOIL OF FAMILIES THAT HAVE A CHILD DIAGNOSED WITH CANCER AND OTHER NOT-FOR PROFIT INSTITUTIONS AND FOUNDATIONS THAT DO THE SAME. ADDITIONALLY, THE PURCHASE OF MEDICAL EQUIPMENT SPECIFICALLY FOR THE TREATMENT OF CHILDREN WITH CANCER FOR INSTITUTIONS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt092379
IRS990/FamilyOrBusinessRlnInd0true
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/PersonNm0DR MARK WEINBLATT
IRS990/Form990PartVIISectionAGrp/PersonNm1JANICE MCINTRYE
IRS990/Form990PartVIISectionAGrp/PersonNm2KENNY EXLER
IRS990/Form990PartVIISectionAGrp/PersonNm3LINDA SWEENEY
IRS990/Form990PartVIISectionAGrp/PersonNm4JOSEPH S DESENA
IRS990/Form990PartVIISectionAGrp/PersonNm5NICOLE ALMEIDA
IRS990/Form990PartVIISectionAGrp/PersonNm6ANN MARIE DEFRANCES
IRS990/Form990PartVIISectionAGrp/PersonNm7MARY KATE MAFFETT-COLEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm8MARC MAGRO
IRS990/Form990PartVIISectionAGrp/PersonNm9THOMAS PRIORE
IRS990/Form990PartVIISectionAGrp/PersonNm10BARBARA SHEILDS
IRS990/Form990PartVIISectionAGrp/PersonNm11GAIL FERRATINO WALSH
IRS990/Form990PartVIISectionAGrp/PersonNm12EDWARD WALSH
IRS990/Form990PartVIISectionAGrp/PersonNm13BRIAN HORVATH
IRS990/Form990PartVIISectionAGrp/PersonNm14ALANNA MOREY
IRS990/Form990PartVIISectionAGrp/PersonNm15SCOTT GREEN
IRS990/Form990PartVIISectionAGrp/PersonNm16PAUL MAGRO
IRS990/Form990PartVIISectionAGrp/PersonNm17TERRY MAGRO
IRS990/Form990PartVIISectionAGrp/PersonNm18SHARON PATERNOSTER
IRS990/Form990PartVIISectionAGrp/PersonNm19LINDA STEINBERG
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17V-P
IRS990/Form990PartVIISectionAGrp/TitleTxt18SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt19TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0122344
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt020
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt02851
IRS990/InsuranceGrp/TotalAmt02851
IRS990/InventoriesForSaleOrUseGrp/BOYAmt02348
IRS990/InventoriesForSaleOrUseGrp/EOYAmt02348
IRS990/InvestmentIncomeGrp/ExclusionAmt046
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt046
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03391
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0824
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0521
IRS990/LandBldgEquipCostOrOtherBssAmt03912
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO REDUCE THE FINANCIAL HARDSHIP OF FAMILIES OF CHILDREN DIAGNOSED WITH CANCER AND/OR BLOOD DISORDER AND HELP THOSE CHILDREN THROUGH THE TREATMENT AND AFTER TREATMENT PHASE OF THEIR ILLNESS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0115062
IRS990/NetAssetsOrFundBalancesEOYAmt0113484
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0379
IRS990/OfficeExpensesGrp/ProgramServicesAmt0552
IRS990/OfficeExpensesGrp/TotalAmt0931
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01912
IRS990/OtherAssetsTotalGrp/EOYAmt04412
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1S.O.A.R. PROGRSAM EXPENSE
IRS990/OtherExpensesGrp/Desc2WEB AND ON LINE EXPENSES
IRS990/OtherExpensesGrp/Desc3STORAGE SPACE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0623
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11476
IRS990/OtherExpensesGrp/ProgramServicesAmt085876
IRS990/OtherExpensesGrp/ProgramServicesAmt126800
IRS990/OtherExpensesGrp/ProgramServicesAmt21867
IRS990/OtherExpensesGrp/TotalAmt085876
IRS990/OtherExpensesGrp/TotalAmt126800
IRS990/OtherExpensesGrp/TotalAmt22490
IRS990/OtherExpensesGrp/TotalAmt31476
IRS990/OtherRevenueMiscGrp/Desc0FUNDRAISERS - NET
IRS990/OtherRevenueMiscGrp/ExclusionAmt0107248
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0107248
IRS990/OtherRevenueTotalAmt0107248
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0PAUL MAGRO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0TO PROVIDE TWO SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS GOING TO COLLEGE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01000
IRS990/ProgSrvcAccomActy3Grp/Desc0S.O.A.R. PROGRAM - SCHOOL RE-ENTRY ONGOING ACADEMIC RESOURCES PROGRAM. PROVIDES INDIVIDUALIZED PRE AND POST SCHOOL REENTRY SUPPORT ESSENTIAL FOR A YOUNG STUDENT WITH CANCER OR BLOOD DISORDER. CHILDREN TREATED FOR CANCER OR BLOOD DISORDERS OFTENCANNOT ATTEND SCHOOL FOR PROLONGED PERIODS OF TIME. THE S.O.A.R PROGRAM IS DESIGNED TO GIVE EACH CHILD THE CHANCE TO FIND HAPPINESS AND SUCCESS IN AN ACADEMIC ENVIRONMENT.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt026800
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05234
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt080
IRS990/PYOtherExpensesAmt0144589
IRS990/PYOtherRevenueAmt0103858
IRS990/PYRevenuesLessExpensesAmt0-35417
IRS990/PYTotalExpensesAmt0144589
IRS990/PYTotalRevenueAmt0109172
IRS990/ReconcilationRevenueExpnssAmt0-1578
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 123,210
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt015050
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0101050
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt030272
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt032810
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0179182
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt046
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0160
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0223
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0306
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0735
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0107248
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt059105
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt064105
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0230458
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.43660
IRS990ScheduleA/PublicSupportPY170Pct00.49110
IRS990ScheduleA/PublicSupportTotal170Amt0179182
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt015050
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0101050
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt030272
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt032810
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0179182
IRS990ScheduleA/TotalSupportAmt0410375
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0538
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03392
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03930
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0538
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO REDUCE THE FINANCIAL HARDSHIP OF FAMILIES OF CHILDREN DIAGNOSED WITH CANCER AND/OR BLOOD DISORDER AND HELP THOSE CHILDREN THROUGH THE TREATMENT AND AFTER TREATMENT PHASE OF THEIR ILLNESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUNTEERS WORK ON EVENTS. THERE IS NO COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAUL MAGRO PRES FAMILY RELATIONSHIP TERRY MAGRO V-P FAMILY RELATIONSHIP MARC MAGRO TRUSTEE FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS SENT TO THE NYS DEPARTMENT OF CHARITIES AND OPEN FOR INSPECTION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0115062
IRS990/TotalAssetsEOYAmt0113484
IRS990/TotalAssetsGrp/BOYAmt0115062
IRS990/TotalAssetsGrp/EOYAmt0113484
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt015050
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03743
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0120179
IRS990/TotalFunctionalExpensesGrp/TotalAmt0123922
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0115062
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0113484
IRS990/TotalProgramServiceExpensesAmt0120179
IRS990/TotalRevenueGrp/ExclusionAmt0107294
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0122344
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0115062
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0113484
IRS990/TravelGrp/ManagementAndGeneralAmt035
IRS990/TravelGrp/ProgramServicesAmt034
IRS990/TravelGrp/TotalAmt069
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0115062
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0113484
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt012 JULIAN STREET
IRS990/USAddress/CityNm0HICKSVILLE
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011801
IRS990/VotingMembersGoverningBodyCnt020
IRS990/VotingMembersIndependentCnt017
IRS990/WebsiteAddressTxt0MICHAELMAGROFOUNDATION.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL MAGRO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07183261221
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-06-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MICHAEL MAGRO FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MICH
ReturnHeader/Filer/EIN0202280077
ReturnHeader/Filer/PhoneNum07183261221
ReturnHeader/Filer/USAddress/AddressLine1Txt012 JULIAN STREET
ReturnHeader/Filer/USAddress/CityNm0HICKSVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011801
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113046366
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0J K PESCOW & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0128 PROSPECT AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DOUGLASTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011363
ReturnHeader/PreparerPersonGrp/PhoneNum07184235340
ReturnHeader/PreparerPersonGrp/PreparationDt02015-07-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROCHELLE NECHIN
ReturnHeader/ReturnTs02015-07-09T15:08:22-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$113,484
Liabilities
$0
Net assets
$113,484
Revenue
$122,344
Expenses
$123,922
Net income
-$1,578
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.00$0.68$3.30$3.36$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.75$3.51$3.86$0.35
2022Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$4.34$6.02$1.68
2021Detailed filing. Detailed filing data is available for this year.$2.78$0.00$2.78$3.78$4.37$0.59
2019Detailed filing. Detailed filing data is available for this year.$2.15$0.00$2.15$2.96$2.73$0.22
2017Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.54$1.72$1.63$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$1.22$1.24$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.00$1.50$0.95
2011Summary only. Only limited summary data is available for this year.$1.44$0.00$1.44$0.90$0.92$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.00$1.47$0.91