Mileone Community Giving Foundation Inc is located in Towson, MD. The organization was established in 2018. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Mileone Community Giving 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 12/2022, Mileone Community Giving Foundation Inc generated $94.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $79.8k during the year ending 12/2022. While expenses have increased by 16.5% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PAY IT FORWARD "PIF" PROGRAM - THE PIF PROGRAM WILL PROVIDE ASSISTANCE ONLY FOR DISASTER AND EMERGENCY HARDSHIPS UNDER SPECIFIC GUIDELINES AND INDEPENDENT CRITERIA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackie Smith President, Treasurer, & Director | 3.75 | $0 | |
Angela Humphreys Vice President, Secretary, & Director | 1.25 | $0 | |
Michael Cuomo Treasurer & Director | 1.25 | $0 | |
Ghoncheh Mossanen Director | 1.25 | $0 | |
Angela Starke Director | 1.25 | $0 | |
Thomas Walter Director | 1.25 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $94,359 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $94,359 |
| 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 | $17,015 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,064 |
| Other expenses | $1,669 |
| Total expenses | $79,846 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,629 |
| Other assets | $0 |
| Total assets | $90,629 |
| Total liabilities | $0 |
| Net assets or fund balances | $90,629 |