Michaels Fund is located in Fall River, MA. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michaels Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Michaels Fund generated $4.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (22.8%) each year. All expenses for the organization totaled $1.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (31.0%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FUNDS TESTING FOR UNINSURED DONORS BEING ADDED TO THE NATIONAL MARROW DONOR REGISTRY; THEREBY, INCREASING THE DONOR POOL FOR THOSE IN NEED OF MARROW TRANSPLANT.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paula J King President | 0 | $0 | |
Anthony W Sousa Treasurer | 0 | $0 | |
Valerie Polka Secretary | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,823 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $76 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $4,899 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,175 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $758 |
| Total expenses | $1,933 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,582 |
| Other assets | $0 |
| Total assets | $72,582 |
| Total liabilities | $0 |
| Net assets or fund balances | $72,582 |