Civic Intelligence

Michael Mcdermott Memorial Foundation Inc.

990EZ • Fiscal year 2023 • EIN 85-1290157

Jan 01, 2023 to Dec 31, 2023 • Filed on May 06, 2024

Organization Profile[email protected]
6 Trent CTSmithtown, NY 11787-1266

(631) 707-6414

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.

2023 filings • NTEE B12 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

73rd percentile

0.00x

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

2023 filings • NTEE B12 • <$500k nonprofits • Source year 2023

Net Margin

18th percentile

-19%

Higher net margin than 18% of similar nonprofits.

2023 filings • NTEE B12 • <$500k nonprofits • Source year 2023

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

2023 filings • NTEE B12 • <$500k nonprofits • Source year 2023

Asset Growth

31st percentile

-10%

Faster asset growth than 31% of similar nonprofits.

2023 filings • NTEE B12 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

11th percentile

-71%

Faster revenue growth than 11% of similar nonprofits.

2023 filings • NTEE B12 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Down

$4,902

Down $551 (-10%) from 2022

Net Assets

Down

$4,902

Down $551 (-10%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin18th percentile

Revenue

Down

$2,921

Down $7,129 (-71%) from 2022

Expenses

Down

$3,472

Down $5,347 (-61%) from 2022

Net Income

Down

-$551

Down $1,782 (-145%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

$15K$10K$5.0K$0Assets 2021: $4,222Liabilities 2021: $0Net Assets 2021: $4,2222021Assets 2022: $5,453Liabilities 2022: $0Net Assets 2022: $5,4532022Assets 2023: $4,902Liabilities 2023: $0Net Assets 2023: $4,9022023Assets 2024: $6,405Net Assets 2024: $6,4052024Assets 2025: $11,020Net Assets 2025: $11,0202025

Highlighted filing

2023

Assets$4,902
Liabilities$0
Net Assets$4,902
Open 2023 Filing

Operations Trend

Revenue Growth11th percentile

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

$15K$10K$5.0K$0-$5.0KRevenue 2021: $9,613Expenses 2021: $5,391Net Income 2021: $4,2222021Revenue 2022: $10,050Expenses 2022: $8,819Net Income 2022: $1,2312022Revenue 2023: $2,921Expenses 2023: $3,472Net Income 2023: -$5512023Revenue 2024: $7,800Expenses 2024: $6,297Net Income 2024: $1,5032024Revenue 2025: $7,615Expenses 2025: $3,000Net Income 2025: $4,6152025

Highlighted filing

2023

Revenue$2,921
Expenses$3,472
Net Income-$551
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 6, 2024
Return Version
2023v5.0
Gross Receipts
$2,921
Mission and Program Overview

Mission

Raise funds for students both academic and athletic

Program Services

DescriptionGrantsExpenses
HELP STUDENTS WITH GIVING SCHOLARSHIP MONEY TOWARDS COLLEGE AND TO NEEDY FAMILIES IN THE COMMUNITY-$3,472
PROVIDE FINANCIAL SUPPORT FOR STUDENTS--
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
THOMAS MCDERMOTTDirector-$0--
Filing and Contact Details

Filer

Filer Name
Michael Mcdermott Memorial
EIN
85-1290157
Phone
6317076414
Address
6 TRENT CT, SMITHTOWN, NY 11787-1266

Signing Officer

Name
Thomas Mcdermott
Title
Director
Phone
6317076414
Signed
2024-05-06
Discuss with paid preparer
Yes

Preparer

Firm
Maggio & Maggio
Address
1 TIMOTHY LN, SAINT JAMES, NY 11780
Preparer
Andre Florio
Phone
6313614860
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses square fee 272 scholarship fund 3,000 website fees 200 total 3,472”

Form 990-ez, Part III, Line 31

“Help students with giving scholarship money towards college and to needy families in the community”

Raw XML Appendix111 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0THOMAS MCDERMOTT
IRS990EZ/BooksInCareOfDetail/PhoneNum06317076414
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06 TRENT CT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SMITHTOWN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011787
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05453
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04902
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt02918
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-551
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt05453
IRS990EZ/Form990TotalAssetsGrp/EOYAmt04902
IRS990EZ/GrossReceiptsAmt02921
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt03
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt05453
IRS990EZ/NetAssetsOrFundBalancesEOYAmt04902
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt05453
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt04902
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0THOMAS MCDERMOTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt03472
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0RAISE FUNDS FOR STUDENTS BOTH ACADEMIC AND ATHLETIC
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE FINANCIAL SUPPORT FOR STUDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1HELP STUDENTS WITH GIVING SCHOLARSHIP MONEY TOWARDS COLLEGE AND TO NEEDY FAMILIES IN THE COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt03472
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt03472
IRS990EZ/TotalProgramServiceExpensesAmt03472
IRS990EZ/TotalRevenueAmt02921
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0[email protected]
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02918
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0530
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04561
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08009
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt014575
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt08009
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02918
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0530
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04561
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08009
IRS990ScheduleA/TotalSupportAmt08009
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES SQUARE FEE 272 SCHOLARSHIP FUND 3,000 WEBSITE FEES 200 TOTAL 3,472
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1HELP STUDENTS WITH GIVING SCHOLARSHIP MONEY TOWARDS COLLEGE AND TO NEEDY FAMILIES IN THE COMMUNITY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS MCDERMOTT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06317076414
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MICHAEL MCDERMOTT MEMORIAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MICH
ReturnHeader/Filer/EIN0851290157
ReturnHeader/Filer/PhoneNum06317076414
ReturnHeader/Filer/USAddress/AddressLine1Txt06 TRENT CT
ReturnHeader/Filer/USAddress/CityNm0SMITHTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0117871266
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0813799338
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MAGGIO & MAGGIO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 TIMOTHY LN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAINT JAMES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011780
ReturnHeader/PreparerPersonGrp/PhoneNum06313614860
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDRE FLORIO
ReturnHeader/ReturnTs02024-05-13T10:24:38-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0THOMAS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MCDERMOTT
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$4,902
Liabilities
$0
Net assets
$4,902
Revenue
$2,921
Expenses
$3,472
Net income
-$551
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$11.0$11.0$7.62$3.00$4.62
2024Detailed filing. Detailed filing data is available for this year.$6.41$6.41$7.80$6.30$1.50
2023Detailed filing. Detailed filing data is available for this year.$4.90$0.00$4.90$2.92$3.47$0.55
2022Detailed filing. Detailed filing data is available for this year.$5.45$0.00$5.45$10.1$8.82$1.23
2021Detailed filing. Detailed filing data is available for this year.$4.22$0.00$4.22$9.61$5.39$4.22