M&m Family Foundation is located in Springfield, VA. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. M&m Family Foundation 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, M&m Family Foundation generated $10.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (54.8%) each year. All expenses for the organization totaled $7.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOLICITATION OF CONTRIBUTIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alvin F Whitehead President | 0 | $0 | |
Barbara W Whitehead Sec-Board Chairperson | 0 | $0 | |
Kaye W Story Board Member | 0 | $0 | |
Charlene Pope Board Member | 0 | $0 | |
Erica W Vosseler Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,826 |
| Interest on Savings | $3 |
| Dividends & Interest | $1,381 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,210 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,500 |
| Contributions, gifts, grants paid | $5,500 |
| Total expenses and disbursements | $7,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,872 |
| Savings and temporary cash investments | $0 |
| 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 | $42,872 |
| 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 |
Over the last fiscal year, M&m Family Foundation has awarded $5,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
JESSICA ANN MOORE FOUNDATION PURPOSE: CHILDREN AFTER SCHOOL EDUCATION | $1,250 |
SUSSEX EDUCATIONAL FOUNDATION PURPOSE: SUPPORT FUNDING SUSSEX COUNTY SCHOOLS | $1,250 |
HEART OF GOLD SHELTER PURPOSE: AFFORDABLE HOUSING FOR DISADVANTAGED | $500 |
MISSION MINISTRIES WAVERLY PURPOSE: FUNDING FOR WAVERLY BRANCH LIBRARY | $1,500 |
BACK PACK PROGRAM METHODIST CHURCH PURPOSE: PROVIDE CLOTHING ASSISTANCE TO NEEDY CHILDREN | $1,000 |