Mccaughin Mountain Foundation For Empowerment
- Assets
- $452.0k
- Revenue
- $33.9k
- Investments
- $439.6k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 11/2019
- Data as of
- 12/2023
- EIN
- 82-3322317
Organization Overview
Mccaughin Mountain Foundation For Empowerment is located in Wilmington, DE. The organization was established in 2019. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Mccaughin Mountain Foundation For Empowerment 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, Mccaughin Mountain Foundation For Empowerment generated $33.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 22.5% each year . All expenses for the organization totaled $45.0k during the year ending 12/2023. While expenses have increased by 9.4% per year over the past 5 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $275 |
| Dividends & Interest | $9,889 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,315 |
| Capital Gain Net Income | $36,029 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $407 |
| Total Revenue | $33,886 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $400 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,520 |
| Total operating and administrative expenses | $18,047 |
| Contributions, gifts, grants paid | $27,000 |
| Total expenses and disbursements | $45,047 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $12,414 |
| 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 | $452,021 |
| 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, Mccaughin Mountain Foundation For Empowerment has awarded $27,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ABANDONED TERRIER RESCUE ASSOC INC PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
ANIMAL GUARDIANS HORSE RESCUE INC PURPOSE: GENERAL & UNRESTRICTED | $7,000 |
HAWKS ALOFT INC PURPOSE: GENERAL & UNRESTRICTED | $3,000 |
IDYLLWILD ANIMAL RESCUE FRIENDS INC PURPOSE: GENERAL & UNRESTRICTED | $3,000 |
IDYLLWILD HELP CENTER PURPOSE: GENERAL & UNRESTRICTED | $3,000 |
IDYLLWILD SUMMER CONCERTS PURPOSE: GENERAL & UNRESTRICTED | $4,000 |