The Monocacy Foundation Inc
- Assets
- $772.8k
- Revenue
- $271.8k
- Investments
- $694.1k
- Employees
- 0
- Location
- Frederick, MD
- Founding
- 06/1996
- Data as of
- 06/2022
- EIN
- 52-1953383
Organization Overview
The Monocacy Foundation Inc is located in Frederick, MD. The organization was established in 1996. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, 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. Monocacy 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 06/2022, Monocacy Foundation Inc generated $271.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.9% each year . All expenses for the organization totaled $88.6k during the year ending 06/2022. While expenses have increased by 14.1% 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.
Since 2015, Monocacy Foundation Inc has awarded 414 individual grants totaling $334,448. 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 |
|---|---|---|---|
George Chaney II Treasurer | 2 | $0 | |
Donald Hiltner Jr Vice President | 2 | $0 | |
Gael Butcher President | 2 | $0 | |
Dustin Sclater Board Member | 2 | $0 | |
Susan Holton Board Member | 2 | $0 | |
Michelle Hill Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $96,364 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,030 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $160,394 |
| Capital Gain Net Income | $160,394 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $271,788 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $492 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,008 |
| Total operating and administrative expenses | $21,242 |
| Contributions, gifts, grants paid | $67,398 |
| Total expenses and disbursements | $88,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,090 |
| Savings and temporary cash investments | $48,637 |
| 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 | $694,057 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $772,784 |
| 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 | $706 |
| Total liabilities | $706 |
Grants Awarded
Over the last fiscal year, The Monocacy Foundation Inc has awarded $67,398 in support to 68 organizations.
| Grant Recipient | Amount |
|---|---|
Frederick, MD PURPOSE: PERSONAL SUPPORT PROGRAM FOR INDIVIDUALS IN NEED | $9,276 |
APRIL KING PURPOSE: HEARING AIDS FOR INDIVIDUAL IN NEED | $6,300 |
JUSTINE OUAPEU PURPOSE: COMMUNITY COLLEGE FEE FOR INDIVIDUAL THAT WORKS WITH THOSE IN NEED | $3,780 |
JARED ADDIS PURPOSE: TUITION FOR INDIVIDUAL IN NEED | $3,690 |
VARIETY DC PURPOSE: ASSISTANCE FOR ORGANIZATION IN NEED | $2,955 |
JOHN BAKER PURPOSE: PET EXPENSES FOR INDIVIDUAL IN NEED | $2,688 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Monocacy Foundation Inc has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
William E Cross Foundation Inc Frederick, MD PURPOSE: FOR PROGRAM SERVICES | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chartiers Center Bridgeville, PA | $11,419,084 | $10,619,948 |
Evergreen Homes Inc Ford City, PA | $3,336,075 | $7,995,840 |
Bridges From School To Work Inc Bethesda, MD | $10,261,539 | $8,785,914 |
Lawrence County Association For Responsible Care New Castle, PA | $5,758,482 | $8,557,770 |
Arc Of Northeastern Pa Scranton, PA | $5,002,721 | $8,939,005 |
Arc Of Frederick County Inc Frederick, MD | $21,726,552 | $10,404,107 |
Supportive Living Services Inc Erie, PA | $9,223,712 | $8,873,885 |
Lt Joseph P Kennedy Institute Washington, DC | $2,259,042 | $7,568,798 |
Shura Inc Pikesville, MD | $4,268,441 | $9,305,149 |
Friends Aware Incorporated Cumberland, MD | $8,964,887 | $10,005,834 |
Full Citizenship Of Maryland Inc Hyattsville, MD | $10,092,592 | $9,205,831 |
Merakey Bucks County Lafayette Hill, PA | $763,604 | $7,961,729 |