Form 990 for tax year 2023
Filed by FMU CHARITABLE FOUNDATIONINCORPORATED.
Totals
- Total revenue
- $448,898
- Total expenses
- $458,444
- Contributions and grants received
- $0
- Grants paid
- $46,985
- Program service revenue
- $448,898
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $152,823
- Total liabilities, end of year
- $19,600
- Net assets or fund balances, end of year
- $133,223
- Program services expenses (Part IX)
- $456,753
- Management and general expenses
- $1,691
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $456,753
Program services were 99.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: REGISTRATION REVENUE
total $349,497 · related or exempt $349,497
-
2b · Program service revenue: AUCTION REVENUE
total $69,425 · related or exempt $69,425
-
2c · Program service revenue: RAFFLE TICKETS REVENUE
total $29,976 · related or exempt $29,976
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $46,985 · program services $46,985
-
11c · Fees: accounting
total $1,658 · management and general $1,658
-
24a · Other expenses: TOURNAMENT EXPENSES
total $383,268 · program services $383,268
-
24b · Other expenses: AUCTION EXPENSE
total $20,500 · program services $20,500
-
24c · Other expenses: RAFFLE PAYOUTS
total $6,000 · program services $6,000
-
24d · Other expenses: BANK CHARGES
total $33 · management and general $33
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $41,142 · end of year $41,143
-
2 · Savings and temporary cash investments
beginning of year $228,727 · end of year $111,680
-
25 · Other liabilities
beginning of year $127,100 · end of year $19,600
-
27 · Net assets without donor restrictions
beginning of year $142,769 · end of year $133,223
Mission and programs · 2023
Mission
TO RAISE FUNDS THROUGH CHARITY EVENTS, IN PARTICULAR CHARITABLE GOLF EVENTS, TO PROVIDE SUPPORT AND ASSISTANCE TO, AND OTHERWISE BENEFIT, OTHER NOT FOR PROFIT CORPORATIONS AND ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) AND SECTION 509(A)(1) OF THE INTERNAL REVNUE CODE OF 1986, AS AMENDED.
-
ORGANIZED WITH THE INTENTION OF PROVIDING GRANTS TO DESERVING ORGANIZATIONS THROUGH AN ANNUAL GOLF TOURNAMENT HELD IN MARCH EACH YEAR.
Expenses $456,753 · Grants $46,985 · Revenue $448,898
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
LOREN J SHAPIRO
PRESIDENT
- Total calculated
- $0
-
STEPHEN E HERBITS
DIRECTOR
- Total calculated
- $0
-
WALTER J JENKINS
DIRECTOR
- Total calculated
- $0
-
LOREN J SHAPIRO
DIRECTOR
- Total calculated
- $0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$16,385
DONATION
-
$7,650
-
$6,000
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202401369349301630
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