M Foundation Inc is located in Miami, FL. The organization was established in 2016. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 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 12/2023, M Foundation Inc generated $150.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 39.9% each year . All expenses for the organization totaled $154.5k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
M FOUNDATION WAS CREATED TO PROMOTE THE PRACTICE OF CHARITABLE GIVING AND VOLUNTARISM THROUGH A VARIETY OF STRATEGIES INCLUDING ADVOCACY, DISCOSURE, INFORMATION EXCHANGE, FUNDRAISING AND RESEARCH
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Maria Andrea Mezerhane DE Schnapp Director | 5 | $0 | |
Fabiana Polito DE Mezerhane Director | 5 | $0 | |
Maria Alejandra Mezerhane Blasini Director | 5 | $0 | |
Eleonora Mezerhane Director | 5 | $0 | |
Nelson Mezerhane Director | 5 | $0 | |
Nelson Rafael Mezerhane Blasini Director | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $133,600 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $17,307 |
Other Revenue | $0 |
Total Revenue | $150,907 |
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 | $800 |
Occupancy, rent, utilities, and maintenance | $3,449 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,392 |
Total expenses | $154,479 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $12,271 |
Other assets | $0 |
Total assets | $12,271 |
Total liabilities | $0 |
Net assets or fund balances | $12,271 |