MICHAEL MAGRO FOUNDATION INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
MICHAEL MAGRO FOUNDATION INC (EIN 20-2280077)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-06-25
IRS object ID
201241779349300714
Schema version
2011v1.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-06-25T14:52:50-05:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1J K PESCOW & COMPANYBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1128 PROSPECT AVEAddressLine1
CityDOUGLASTONCity
StateNYState
ZIP Code11363ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN202280077EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1MICHAEL MAGRO FOUNDATION INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlMICHNameControl
Phone7183261221Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line112 JULIAN STREETAddressLine1
CityHICKSVILLECity
StateNYState
ZIP Code11801ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NamePAUL MAGROName
TitlePRESIDENTTitle
Phone7183261221Phone
Date Signed2012-05-21DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameROCHELLE NECHINName
Phone7184235340Phone
Date Prepared2012-05-22DatePrepared
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonPAUL MAGRONameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line112 JULIAN STREETAddressLine1
CityHICKSVILLECity
StateNYState
ZIP Code11801ZIPCode
FieldValueIRS element (for citing)
Gross Receipts89600GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteMICHAELMAGROFOUNDATION.COMWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation2005YearFormation
State Legal DomicileNYStateLegalDomicile
Activity Or Mission DescriptionTO REDUCE THE FINANCIAL HARDSHIP OF FAMILIES OF CHILDREN DIAGNOSED WITH CANCER AND/OR BLOOD DISORDER AND HELP THOSE CHILDREN THROUGH THE TREATMENT AND AFTER TREATMENT PHASE OF THEIR ILLNESS.ActivityOrMissionDescription
Nbr Voting Members Governing Body17NbrVotingMembersGoverningBody
Nbr Independent Voting Members17NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Gross UBI0TotalGrossUBI
Contributions Grants Prior Year32810ContributionsGrantsPriorYear
Contributions Grants Current Year30272ContributionsGrantsCurrentYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year306InvestmentIncomePriorYear
Investment Income Current Year223InvestmentIncomeCurrentYear
Other Revenue Prior Year64105OtherRevenuePriorYear
Other Revenue Current Year59105OtherRevenueCurrentYear
Total Revenue Prior Year97221TotalRevenuePriorYear
Total Revenue Current Year89600TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year87937GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year3310OtherExpensePriorYear
Other Expenses Current Year91894OtherExpensesCurrentYear
Total Expenses Prior Year91247TotalExpensesPriorYear
Total Expenses Current Year91894TotalExpensesCurrentYear
Revenues Less Expenses Prior Year5974RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-2294RevenuesLessExpensesCY
Total Assets BOY146520TotalAssetsBOY
Total Assets EOY144226TotalAssetsEOY
Total Liabilities EOY0TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY146520NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY144226NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionTO REDUCE THE FINANCIAL HARDSHIP OF FAMILIES OF CHILDREN DIAGNOSED WITH CANCER AND/OR BLOOD DISORDER AND HELP THOSE CHILDREN THROUGH THE TREATMENT AND AFTER TREATMENT PHASE OF THEIR ILLNESS.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense60246Expense
DescriptionTO REDUCE THE FINANCIAL HARDSHIP AND HELP EASE THE EMOTIONAL TURMOIL OF FAMILIES THAT HAVE A CHILD DIAGNOSED WITH CANCER AND OTHER NOT-FOR PROFIT INSTITUTIONS AND FOUNDATIONS THAT DO THE SAME. ADDITIONALLY, THE PURCHASE OF MEDICAL EQUIPMENT SPECIFICALLY FOR THE TREATMENT OF CHILDREN WITH CANCER FOR INSTITUTIONS.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense1000Expense
DescriptionTO PROVIDE TWO SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS GOING TO COLLEGE.Description

Activity3 Activity3

FieldValueIRS element (for citing)
Expense25530Expense
DescriptionS.O.A.R. PROGRAM - SCHOOL RE-ENTRY ONGOING ACADEMIC RESOURCES PROGRAM. PROVIDES INDIVIDUALIZED PRE AND POST SCHOOL REENTRY SUPPORT ESSENTIAL FOR A YOUNG STUDENT WITH CANCER OR BLOOD DISORDER. CHILDREN TREATED FOR CANCER OR BLOOD DISORDERS OFTENCANNOT ATTEND SCHOOL FOR PROLONGED PERIODS OF TIME. THE S.O.A.R PROGRAM IS DESIGNED TO GIVE EACH CHILD THE CHANCE TO FIND HAPPINESS AND SUCCESS IN AN ACADEMIC ENVIRONMENT.Description
FieldValueIRS element (for citing)
Total Program Service Expense86776TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredfalseScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Subject To Proxy TaxfalseSubjectToProxyTax
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentsfalseTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiesfalseReportOtherLiabilities
Report Fin48 FootnotefalseReportFin48Footnote
Independent Audit Financial StmtfalseIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntityfalseRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredfalseScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees0NumberOfEmployees
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members17NbrVotingGoverningBodyMembers
Number Independent Voting Members17NumberIndependentVotingMembers
Family Or Business RelationshiptrueFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodyfalseForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementfalseRegularMonitoringEnforcement
Whistleblower PolicyfalseWhistleblowerPolicy
Document Retention PolicyfalseDocumentRetentionPolicy
Compensation Process CEOfalseCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
States Where Copy Of Return Is FiledNYStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonROCHELLE NECHINNamePerson
Telephone Number7184235340TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1128 PROSPECT AVEAddressLine1
CityDOUGLASTONCity
StateNYState
ZIP Code11363ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (17 entries)

TitleTitleIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficer
DR MARK WEINBLATT
TRUSTEEX000
JANICE MCINTRYE
TRUSTEEX000
KENNY EXLER
TRUSTEEX000
LINDA SWEENEY
TRUSTEEX000
JOSEPH S DESENA
TRUSTEEX000
NICOLE ALMEIDA
TRUSTEEX000
ANN MARIE DEFRANCES
TRUSTEEX000
MARY KATE MAFFETT-COLEMAN
TRUSTEEX000
MARC MAGRO
TRUSTEEX000
THOMAS PRIORE
TRUSTEEX000
BARBARA SHEILDS
TRUSTEEX000
GAIL FERRATINO WALSH
TRUSTEEX000
EDWARD WALSH
TRUSTEEX000
PAUL MAGRO
PRESIDENT000X
TERRY MAGRO
V-P000X
SHARON PATERNOSTER
SECRETARY000X
LINDA STEINBERG
TREASURER000X
FieldValueIRS element (for citing)
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
All Other Contributions30272AllOtherContributions
Total Contributions30272TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column223TotalRevenueColumn
Exclusion$223ExclusionAmount

Other Revenue Misc OtherRevenueMisc

FieldValueIRS element (for citing)
DescriptionFUNDRAISERS - NETDescription
Total Revenue Column59105TotalRevenueColumn
Exclusion$59,105ExclusionAmount
FieldValueIRS element (for citing)
Total Other Revenue59105TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column89600TotalRevenueColumn
Exclusion$59,328ExclusionAmount

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total405Total
Management And General405ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total66Total
Management And General66ManagementAndGeneral

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total200Total
Management And General200ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total667Total
Management And General667ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
PROGRAM EXPENSES6024660246
S.O.A.R. PROGRSAM EXPENSE2553025530
WEB AND ON LINE EXPENSES13431343
SCHOLARSHIP PROGRAM10001000

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total2437Total
Management And General2437ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total91894Total
Program Services86776ProgramServices
Management And General5118ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY131600BOY
EOY138267EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY10630BOY
EOY3836EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis2769LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec2058LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY1378BOY
EOY711EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY2912BOY
EOY1412EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY146520BOY
EOY144226EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY146520BOY
EOY144226EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY146520BOY
EOY144226EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY146520BOY
EOY144226EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses-2294ReconcilationRevenueExpenses
Method Of Accounting CashXMethodOfAccountingCash
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedfalseFSAudited

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years6730CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years63507CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years28393CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year32810CurrentTaxYearMinus1Year
Current Tax Year30272CurrentTaxYear
Total161712Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years6730CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years63507CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years28393CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year32810CurrentTaxYearMinus1Year
Current Tax Year30272CurrentTaxYear
Total161712Total
FieldValueIRS element (for citing)
Public Support Total170161712PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years473CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years260CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years166CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year306CurrentTaxYearMinus1Year
Current Tax Year223CurrentTaxYear
Total1428Total

Other Income170 OtherIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years74666CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years86692CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years75421CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year64105CurrentTaxYearMinus1Year
Current Tax Year59105CurrentTaxYear
Total359989Total
FieldValueIRS element (for citing)
Total Support523129TotalSupport
Public Support Pertcentage1700.30910PublicSupportPertcentage170
Public Support Pertcent Prior Year0.33750PublicSupportPertcentPriorYear
Thirty Three Percnt Tests PY170XThirtyThreePercntTestsPY170

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Disclosed Orgs Legal ControlfalseDisclosedOrgsLegalControl
Disclosed For Charitable PurposesfalseDisclosedForCharitablePurposes
Written Policy MonitoringfalseWrittenPolicyMonitoring
Sect170h Requirements SatisfiedfalseSect170hRequirementsSatisfied
Solicited Assets For SalefalseSolicitedAssetsForSale
Agent Trustee EtcfalseAgentTrusteeEtc
Included On FSfalseIncludedOnFS
Endowments Held By Unrelated OrgsfalseEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule RfalseAreRelatedOrgsListedScheduleR

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis2769OtherCostOrOtherBasis
Depreciation2058Depreciation
Book Value711BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings711TotalOfBookValueLandBuildings

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
ORGANIZATION'S MISSIONFORM 990 - ORGANIZATION'S MISSIONTO REDUCE THE FINANCIAL HARDSHIP OF FAMILIES OF CHILDREN DIAGNOSED WITH CANCER AND/OR BLOOD DISORDER AND HELP THOSE CHILDREN THROUGH THE TREATMENT AND AFTER TREATMENT PHASE OF THEIR ILLNESS.
EXPLANATION ON VOLUNTEERS AND TYPES OF SERVICES OR BENEFITSFORM 990, PAGE 1, PART I, LINE 6VOLUNTEERS WORK ON EVENTS.
RELATED PARTY INFORMATION AMONG OFFICERSFORM 990, PAGE 6, PART VI, LINE 2PAUL MAGRO PRES FAMILY RELATIONSHIP TERRY MAGRO V-P FAMILY RELATIONSHIP MARC MAGRO TRUSTEE FAMILY RELATIONSHIP
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990FORM 990, PAGE 6, PART VI, LINE 11BNO REVIEW WAS OR WILL BE CONDUCTED.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATIONFORM 990, PAGE 6, PART VI, LINE 19FORM 990 IS SENT TO THE NYS DEPARTMENT OF CHARITIES AND OPEN FOR INSPECTION.

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