Mu Omega Foundation Of Delaware Valley Inc
- Assets
- $219.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Glenside, PA
- Founding
- 09/1998
- Data as of
- 12/2021
- EIN
- 23-2494791
Organization Overview
Mu Omega Foundation Of Delaware Valley Inc is located in Glenside, PA. The organization was established in 1998. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mu Omega Foundation Of Delaware Valley 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, Mu Omega Foundation Of Delaware Valley Inc generated $9.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $1.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (23.4%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
THE PRIMARY PURPOSE OF THE FOUNDATION IS TO PROVIDE SCHOLARSHIPS FOR YOUNG MEN WHO INTEND TO ENTER A FOUR YEAR PROGRAM IN COLLEGE. NORMALLY THE FOUNDATION WILL PROVIDE A $1,000.00 SCHOLARSHIPS TO EACH OF THE SELECTED STUDENTS. DUE TO CIRCUMSTANCES BEYOND OUR CONTROL, THE FOUNDATION DID NOT AWARD ANY SCHOLARSHIPS DURING THE YEAR 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elmore Phillips CPA Treasurer | 1 | $0 | |
Michael Horsey CPA Chairman | 1 | $0 | |
Charles Brown Jr Director | 0 | $0 | |
Stephen Cox Director | 0 | $0 | |
William Smith Director | 0 | $0 | |
Darrell Giles CPA Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,994 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,710 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,704 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,524 |
| Total expenses | $1,524 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $219,621 |
| Other assets | $0 |
| Total assets | $219,621 |
| Total liabilities | $0 |
| Net assets or fund balances | $219,621 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mu Omega Foundation Of Delaware Valley Inc has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: PROGRAM/OPERATING SUPPORT | $250 |
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|---|---|---|
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