Make The World Better Foundation Inc
- Assets
- $1.7m
- Revenue
- $590.7k
- Investments
- $1.7m
- Employees
- 0
- Location
- Troy, MI
- Founding
- Data as of
- 12/2017
- EIN
- 46-4365995
Organization Overview
Make The World Better Foundation Inc is located in Troy, MI.
For the year ending 12/2017, Make The World Better Foundation Inc generated $590.7k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $434.0k during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3 - Line 4a
SMITH PLAYGROUND, 2100 S. 24TH ST., PHILADELPHIA, PA RESTORATION OF THE PLAYGROUND, BASKETBALL COURTS, FOOTBALL AND BASEBALL FIELDS. AS WELL AS CREATING A FITNESS TRAIL AND RECREATION CENTER.
WATERLOO PLAYGROUND, 2501 WATERLOO ST., PHILADELPHIA, PA RESTORATION OF PLAYGROUND, BASKETBALL COURTS, RECREATION CENTER AND POOL.
RALPH BROOKS PARK DEVELOPMENT OF FULL-SIZE BASKETBALL COURT, A STATE-OF-THE-ART PLAYGROUND, AND COMMUNITY GARDEN FOR THE NEIGHBORHOOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Connor Barwin Exec Director/president | 4 | $0 | |
Margaret Bailey Director/v.p./secretary | 10 | $0 | |
Patrick Sullivan Barwin Treasurer | 1 | $0 | |
Thomas Barwin Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $324,104 |
| Interest on Savings | $0 |
| Dividends & Interest | $35,348 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $231,282 |
| Capital Gain Net Income | $231,282 |
| Net ST Capital Gain | $44,132 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $590,734 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $69,214 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,945 |
| Depreciation | $2,954 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,152 |
| Printing and publications | $1,133 |
| Other expenses | $110,993 |
| Total operating and administrative expenses | $224,536 |
| Contributions, gifts, grants paid | $209,481 |
| Total expenses and disbursements | $434,017 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,818 |
| Savings and temporary cash investments | $0 |
| 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 | $826,237 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,716,444 |
| Accounts payable and accrued expenses | $4,422 |
| 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 | $4,422 |
Grants Awarded
Over the last fiscal year, Make The World Better Foundation Inc has awarded $209,481 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SMITH PLAYGROUND PURPOSE: RESTORE PLAYGROUND AND ATHLETIC FIELDS IN LOW-INCOME NEIGHBORHOOD | $187,126 |
WATERLOO PLAYGROUND PURPOSE: RESTORE PLAYGROUND AND ATHLETIC FIELDS IN LOW-INCOME NEIGHBORHOOD | $10,921 |
RALPH BROOKS PARK PURPOSE: RESTORE PLAYGROUND AND ATHLETIC FIELDS IN LOW-INCOME NEIGHBORHOOD | $9,809 |
REACH YOUTH PROGRAMS PURPOSE: CHARITABLE DONATION | $1,000 |
GREATER PHILADELPHIA CULTURAL ALLIANCE PURPOSE: CHARITABLE DONATION | $85 |
RALPH BROOKS PARK MENS BASKETBALL LEAGUE PURPOSE: CHARITABLE DONATION | $540 |