Madge M And Joseph T Mohar Charitable Foundation
- Assets
- $3.7m
- Revenue
- $122.9k
- Investments
- $3.7m
- Employees
- 0
- Location
- Denver, CO
- Founding
- 08/2012
- Data as of
- 12/2023
- EIN
- 45-2741496
Organization Overview
Madge M And Joseph T Mohar Charitable Foundation is located in Denver, CO. The organization was established in 2012. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madge M And Joseph T Mohar Charitable Foundation 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, Madge M And Joseph T Mohar Charitable Foundation generated $122.9k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 37.2% each year . All expenses for the organization totaled $264.6k during the year ending 12/2023. While expenses have increased by 33.2% per year over the past 9 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.
Since 2015, Madge M And Joseph T Mohar Charitable Foundation has awarded 51 individual grants totaling $883,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Clark President | 1 | $4,000 | |
Dave Atkinson Secrty/treasr | 1 | $4,000 | |
John Danielson Board Member | 1 | $2,000 | |
Brenda Taylor Board Member | 1 | $2,000 | |
James Mejia Board Member | 1 | $1,500 | |
Giles Fox Board Member | 1 | $1,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $609 |
| Dividends & Interest | $122,298 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $122,926 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,500 |
| Other employee salaries and wages | $70,000 |
| Pension plans, employee benefits | $11,800 |
| Interest | $0 |
| Taxes | $5,335 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,258 |
| Total operating and administrative expenses | $114,643 |
| Contributions, gifts, grants paid | $150,000 |
| Total expenses and disbursements | $264,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $41,726 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,747,952 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Madge M And Joseph T Mohar Charitable Foundation has awarded $150,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
IMPACT ON EDUCATION FOUNDATION PURPOSE: CAREER AND JOB TRAINING CONSULTANT. | $25,000 |
ROCKY MOUNTAIN MICRO FINANCE INSTIT PURPOSE: SAN LUIS VALLEY ENTREPRENEUR TRAINING AND LOANS. | $30,000 |
EMILY GRIFFITH FOUNDATION PURPOSE: COLLABORATION WITH BRIDGING THE GAP FOR SCHOLARSHIPS. | $30,000 |
COMMUNITY OUTREACH SERVICE CENTER PURPOSE: FUND COMMUNITY SERVICE PROGRAMS. | $10,000 |
YOUNG AMERICANSCENTER FOR FINANCIAL PURPOSE: FINANCIAL EDUCATION PROGRAMS IN RURAL COLORADO. | $30,000 |
INTEGRATED COMMUNITY CIIC PURPOSE: TRAINING AND EMPLOYMENT FOR INTERPRETERS AND TRANSLATORS IN ROUTT AND MOFFATT COUNTIES, COLORADO. | $5,000 |