Mcdavid Group Charities Inc
- Assets
- $672.8k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Tequesta, FL
- Founding
- 03/2017
- Data as of
- 12/2021
- EIN
- 81-3958709
Organization Overview
Mcdavid Group Charities Inc is located in Tequesta, FL. The organization was established in 2017. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Mcdavid Group Charities 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, Mcdavid Group Charities Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 39.2% each year . All expenses for the organization totaled $854.8k during the year ending 12/2021. While expenses have increased by 35.5% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MCDAVID GROUP CHARITIES HOSTS THE ANNUAL "GOLF FOR C.O.P.S.(CONCERNS OF POLICE SURVIVORS) CELEBRITY GOLF TOURNAMENT" WHICH BENEFITS THE SURVIVING FAMILIES OF AMERICA'S FALLEN LAW ENFORCEMENT OFFICERS. THE NET PROCEEDS ARE EARMARKED TO SUPPORT C.O.P.S. HANDS-ON PROGRAMS, AS WELL AS PROVIDE EMOTIONAL AND FINANCIAL SUPPORT, SCHOLARSHIPS, AND OTHER INITIATIVES TO HELP SURVIVING SPOUSES AND THE CHILDREN THAT BEEN AFFECTED BY A LINE-OF-DUTY DEATH. ONCE A YEAR THE NET PROCEEDS OF THE GOLF TOURNAMENT ARE DISTRIBUTED IN THE FORM OF A CHECK TO C.O.P.S.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOLF FOR C.O.P.S. - SUPPORTING THE SURVIVING FAMILIES OF AMERICA'S FALLEN LAW ENFORCEMENT
TO SUPPORT THE CHILDRENS' HEALTHCARE CHARITY, A 501(C)3 ORGANIZATION.
HOLE IN ONE INSURANCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Mcdavid President | OfficerTrustee | $0 | |
Tanya Barrett Director | OfficerTrustee | $0 | |
Maria Mcdavid Director | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $923,253 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $923,253 |
| Total Program Service Revenue | $0 |
| Investment income | $16 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $289,841 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,213,110 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $230,850 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $186,780 |
| Advertising and promotion | $198 |
| Office expenses | $2,691 |
| Information technology | $10,297 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $13,298 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,000 |
| All other expenses | $65,282 |
| Total functional expenses | $854,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $495,067 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $177,700 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $672,767 |
| Accounts payable and accrued expenses | $231,251 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $231,251 |
| Net assets without donor restrictions | $441,516 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $672,767 |
Grants Awarded
Over the last fiscal year, Mcdavid Group Charities Inc has awarded $230,850 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Camdenton, MO PURPOSE: COPS HANDSONPROGRAMS | $200,000 |
Palm Beach Gardens, FL PURPOSE: CHILDRENS HEALHCARE | $30,850 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Mcdavid Group Charities Inc has recieved totaling $60,187.
| Awarding Organization | Amount |
|---|---|
Owen Cheatham Foundation Jupiter, FL PURPOSE: CHARITABLE | $15,500 |
Childrens Healthcare Charity Inc Palm Beach Gardens, FL PURPOSE: GENERAL SUPPORT | $15,158 |
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GENERAL SUPPORT | $10,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $10,000 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $7,000 |
Lucille S Thompson Fam Foundation Knoxville, TN PURPOSE: GOLF FOR C.O.P.S. | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Healthcare Charity Inc Palm Beach Gardens, FL | $5,074,981 | $9,745,793 |
Don And Angie Seta Foundation Boca Raton, FL | $0 | $7,457,065 |
The Savannah Community Foundation Inc Savannah, GA | $54,173,792 | $9,998,384 |
National Cancer Assistance Foundation Inc Daytona Beach, FL | $587,584 | $4,501,111 |
The Giving Kitchen Initiative Inc Atlanta, GA | $5,202,127 | $3,829,430 |
The Ironman Foundation Inc Tampa, FL | $9,463,048 | $2,918,187 |
Norcross Foundation Inc Jacksonville, FL | $12,948,336 | $5,280,220 |
All Star Childrens Foundation Inc Sarasota, FL | $12,316,461 | $3,561,174 |
Point Gammon Foundation Palm Beach, FL | $4,923,051 | $4,318,443 |
The Charlie & Moll Anderson Foundation Florence, AL | $11,730,320 | $5,057,663 |
Little Kings And Queens Inc Buford, GA | $180,816 | $1,313,209 |
Latham Foundation Atlanta, GA | $1,091,516 | $917,015 |