A C N M Foundation Inc
- Assets
- $1.6m
- Revenue
- $575.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 12/1967
- Data as of
- 12/2021
- EIN
- 13-6227462
Organization Overview
A C N M Foundation Inc is located in Cambridge, MA. The organization was established in 1967. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A C N M Foundation Inc 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 12/2021, A C N M Foundation Inc generated $575.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $617.1k during the year ending 12/2021. While expenses have increased by 5.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR UNIQUE MISSION IS TO PROMOTE EXCELLENCE IN HEALTH CARE FOR WOMEN, INFANTS AND FAMILIES WORLDWIDE THROUGH THE SUPPORT OF MIDWIFERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH MEETINGS, CONVENTIONS, AND OTHER ACTIVITIES TO ADVANCE PUBLIC KNOWLEDGE AND UNDERSTANDING OF PROFESSIONAL NURSE-MIDWIFERY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Paine Chief Executive Officer | Officer | 20 | $72,000 |
Susan Dejoy Treasurer | OfficerTrustee | 3 | $0 |
Holly P Kennedy President | OfficerTrustee | 4 | $0 |
Sascha James-Conterelli Secretary | OfficerTrustee | 2 | $0 |
Mary Kaye Collins Vice President | OfficerTrustee | 2 | $0 |
Michael Mccann Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $164 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $507,714 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $507,878 |
| Total Program Service Revenue | $0 |
| Investment income | $43,868 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $24,049 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $575,795 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $152,012 |
| Grants and other assistance to domestic individuals. | $131,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $236,038 |
| Fees for services: Legal | $148 |
| Fees for services: Accounting | $26,375 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,358 |
| Fees for services: Other | $2,782 |
| Advertising and promotion | $5,500 |
| Office expenses | $9,272 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,590 |
| Travel | $2,576 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,178 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,736 |
| All other expenses | $0 |
| Total functional expenses | $617,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,465 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $56,867 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,366,729 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,500 |
| Total assets | $1,589,561 |
| Accounts payable and accrued expenses | $18,216 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $18,216 |
| Net assets without donor restrictions | $120,584 |
| Net assets with donor restrictions | $1,450,761 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,589,561 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that A C N M Foundation Inc has recieved totaling $255,740.
| Awarding Organization | Amount |
|---|---|
Yellow Chair Foundation San Francisco, CA PURPOSE: GENERAL OPERATING SUPPORT | $150,000 |
The John And Frank Sparacio Charitable Foundation Inc Pennington, NJ PURPOSE: PIONEER AWARDS, RECEPTION, | $55,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $50,000 |
Lavery Foundation Jackson, MI PURPOSE: GENERAL FUND | $740 |
Endowment Analysis
| Beg. Balance | $616,000 |
| Ending Balance | $616,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metropolitan Jewish Health System Inc Brooklyn, NY | $32,845,157 | $60,897,961 |
Bhs Management Services Inc Pittsfield, MA | $13,878,058 | $69,134,374 |
Capital Area Health Consortium Inc Farmington, CT | $8,150,693 | $60,880,369 |
Royal Charter Properties Inc New York, NY | $137,963,781 | $43,558,448 |
Msmc Residential Realty Llc New York, NY | $105,712,939 | $27,441,000 |
Network Recovery Services Inc New York, NY | $9,165,578 | $32,013,322 |
Bhcare Inc North Haven, CT | $6,550,561 | $27,847,123 |
Riverspring Services Corp Riverdale, NY | $5,653,690 | $21,974,474 |
North Shore-Lij Alliance Inc Westbury, NY | $6,390,042 | $18,631,414 |
St Josephs Health Center Properties Inc Syracuse, NY | $53,413,758 | $12,721,851 |
Foundation For Healthy Communities Concord, NH | $1,947,762 | $12,126,255 |
Nyu Langone Health System New York, NY | $245,971,553 | $8,933,478 |