Civic Intelligence

Jimmy Mcgrath Foundation

EIN 92-0737271 • 501(c)3 • Shelton, CT

Profile

To assist our youth in promoting their mental and physical wellness, while instilling in them a profound appreciation for the value of a human life.

26 Captains WatchShelton, CT 06484

jimmymcgrathfoundation.org

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 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

13th percentile

-57%

Higher net margin than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

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 2024

Asset Growth

30th percentile

-24%

Faster asset growth than 30% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

13th percentile

-68%

Faster revenue growth than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$99,041

Down $30,852 (-24%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$99,041

Down $30,852 (-24%) from 2023

Revenue

Down

$54,222

Down $113,974 (-68%) from 2023

Expenses

Up

$85,074

Up $30,826 (+57%) from 2023

Net Income

Down

-$30,852

Down $144,800 (-127%) from 2023

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2023: $129,893Liabilities 2023: $0Net Assets 2023: $129,8932023Assets 2024: $99,041Liabilities 2024: $0Net Assets 2024: $99,0412024

Highlighted filing

2024

Assets$99,041
Liabilities$0
Net Assets$99,041

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2023: $168,196Expenses 2023: $54,248Net Income 2023: $113,9482023Revenue 2024: $54,222Expenses 2024: $85,074Net Income 2024: -$30,8522024

Highlighted filing

2024

Revenue$54,222
Expenses$85,074
Net Income-$30,852

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.0
Gross Receipts
$136,102
Mission and Program Overview

Mission

To assist our youth in promoting their mental and physical wellness, while instilling in them a profound appreciation for the value of a human life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$100,006$80,016▼ $19,990
Cash and Non-Interest-Bearing Accounts$25,373$16,678▼ $8,695
Intangible Assets$4,514$2,347▼ $2,167
Total Assets$129,893$99,041▼ $30,852
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$129,893$99,041▼ $30,852
Total Net Assets Fund Balance$129,893$99,041▼ $30,852
Total Liabilities and Net Assets / Fund Balance$129,893$99,041▼ $30,852
Compensation and Service Providers

Board Members and Trustees

NameTitle
Margaret McgrathPresident
Rose McgrathSecretary
Kevin McgrathTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$136,092
Program Service Revenue
$0
Investment Income
$10
Other Revenue
$-81,880
All Other Contributions
$18,591
Change in Net Assets
$-30,852
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$76,386
Other Expenses$8,688
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$76,386--$76,386
Fees for Services Accounting-$2,721-$2,721
Depreciation Depletion-$2,167-$2,167
Office Expenses-$1,722-$1,722
Fees for Services Legal-$1,445-$1,445
Other Expenses-$75-$75
Total Functional Expenses$76,386$8,688$0$85,074
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Tunnels 2 TowersStaten Island, NY-Programs$27,000
Dimatteo Family Charitable FoundatiShelton, CT-Programs$11,030
Fairfield PrepFairfield, CT-Programs$7,500
Wakeman Boys & Girls ClubBridgeport, CT-Programs$6,500
Bridgeport Youth LacrosseBridgeport, CT-Programs$5,900
Adams HouseShelton, CT-Programs$5,181
The CarverNorwalk, CT-Programs$5,100
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$81,880
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$117,501-$29,776-
Total Events$117,501-$72,880$-72,880
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
Business relationship with 35% controlled entity
No
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
No
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

Kevin mcgrath margaret mcgrath trustee trustee married rose mcgrath kevin mcgrath trustee trustee parent-daughter rose mcgrath margaret mcgrath trustee trustee parent- daughter

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

Organizations 990 is reviewed and approved by the board before filing.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available upon requiest.

Filing and Contact Details

Filer

Filer Name
Jimmy Mcgrath Foundation
EIN
92-0737271
Phone
2032468365
Address
26 CAPTAINS WATCH, SHELTON, CT 06484

Signing Officer

Name
Kevin Mcgrath
Title
Treasurer
Phone
2032468365
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Mcgrath
Formed
2022
Legal Domicile
Ct
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
35

Preparer

Firm
Bkc Cpas Pc
Address
39 STATE ROUTE 12 STE 2, FLEMINGTON, NJ 08822
Preparer
Michael a Holk CPA
Phone
9087827900
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Unarmed and without any provocation, jimmy mcgrath was senselessly murdered in a surprise attack by a 16-year-old athlete from another school. The teen murderer shockingly deemed it appropriate to use a lethal weapon, a knife, to mortally wound jimmy and stab three other unarmed teenagers, who thankfully survived. This mentalitythis total disregard for human life led to jimmy's murder is both a local and national problem. This mentality must be changed. Thus, the focal point of our mission is to assist our youth in promoting their mental and physical wellness, while instilling in them a profound appreciation for the value of a human life. At the time of his death, jimmy was a junior and star athlete at fairfield prep. But he was so much more. Jimmy was color-blind and was inclusive in all ways. You didn't have to be an all-star athlete to have his friendship and support. He was the anti-bully. He went out of his way to help other young people feel better about themselves and inspired many to improve their lives. Our foundation will support those charities, groups, and individuals who personify jimmy, his qualities, his ideals, and his life with an emphasis on promoting youth wellness and violence prevention. In sum, in his honor and memory, we will help those we feel jimmy would have helped.

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

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IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc5FAIR VALUE
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc6FAIR VALUE
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0UNARMED AND WITHOUT ANY PROVOCATION, JIMMY MCGRATH WAS SENSELESSLY MURDERED IN A SURPRISE ATTACK BY A 16-YEAR-OLD ATHLETE FROM ANOTHER SCHOOL. THE TEEN MURDERER SHOCKINGLY DEEMED IT APPROPRIATE TO USE A LETHAL WEAPON, A KNIFE, TO MORTALLY WOUND JIMMY AND STAB THREE OTHER UNARMED TEENAGERS, WHO THANKFULLY SURVIVED. THIS MENTALITYTHIS TOTAL DISREGARD FOR HUMAN LIFE LED TO JIMMY'S MURDER IS BOTH A LOCAL AND NATIONAL PROBLEM. THIS MENTALITY MUST BE CHANGED. THUS, THE FOCAL POINT OF OUR MISSION IS TO ASSIST OUR YOUTH IN PROMOTING THEIR MENTAL AND PHYSICAL WELLNESS, WHILE INSTILLING IN THEM A PROFOUND APPRECIATION FOR THE VALUE OF A HUMAN LIFE. AT THE TIME OF HIS DEATH, JIMMY WAS A JUNIOR AND STAR ATHLETE AT FAIRFIELD PREP. BUT HE WAS SO MUCH MORE. JIMMY WAS COLOR-BLIND AND WAS INCLUSIVE IN ALL WAYS. YOU DIDN'T HAVE TO BE AN ALL-STAR ATHLETE TO HAVE HIS FRIENDSHIP AND SUPPORT. HE WAS THE ANTI-BULLY. HE WENT OUT OF HIS WAY TO HELP OTHER YOUNG PEOPLE FEEL BETTER ABOUT THEMSELVES AND INSPIRED MANY TO IMPROVE THEIR LIVES. OUR FOUNDATION WILL SUPPORT THOSE CHARITIES, GROUPS, AND INDIVIDUALS WHO PERSONIFY JIMMY, HIS QUALITIES, HIS IDEALS, AND HIS LIFE WITH AN EMPHASIS ON PROMOTING YOUTH WELLNESS AND VIOLENCE PREVENTION. IN SUM, IN HIS HONOR AND MEMORY, WE WILL HELP THOSE WE FEEL JIMMY WOULD HAVE HELPED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1KEVIN MCGRATH MARGARET MCGRATH TRUSTEE TRUSTEE MARRIED ROSE MCGRATH KEVIN MCGRATH TRUSTEE TRUSTEE PARENT-DAUGHTER ROSE MCGRATH MARGARET MCGRATH TRUSTEE TRUSTEE PARENT- DAUGHTER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATIONS 990 IS REVIEWED AND APPROVED BY THE BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUIEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0129893
IRS990/TotalAssetsEOYAmt099041
IRS990/TotalAssetsGrp/BOYAmt0129893
IRS990/TotalAssetsGrp/EOYAmt099041
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0136092
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08688
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt076386
IRS990/TotalFunctionalExpensesGrp/TotalAmt085074
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0129893
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt099041
IRS990/TotalProgramServiceExpensesAmt076386
IRS990/TotalRevenueGrp/ExclusionAmt010
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt054222
IRS990/TotalVolunteersCnt035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0129893
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt099041
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt026 CAPTAINS WATCH
IRS990/USAddress/CityNm0SHELTON
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006484
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0HTTPS://JIMMYMCGRATHFOUNDATION.ORG/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN MCGRATH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02032468365
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JIMMY MCGRATH FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0JIMM
ReturnHeader/Filer/EIN0920737271
ReturnHeader/Filer/PhoneNum02032468365
ReturnHeader/Filer/USAddress/AddressLine1Txt026 CAPTAINS WATCH
ReturnHeader/Filer/USAddress/CityNm0SHELTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006484
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223299874
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BKC CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt039 STATE ROUTE 12 STE 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FLEMINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008822
ReturnHeader/PreparerPersonGrp/PhoneNum09087827900
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL A HOLK CPA
ReturnHeader/ReturnTs02025-11-17T17:00:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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