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← MYCELIA FOUNDATION

Form 990 for tax year 2025

Filed by MYCELIA FOUNDATION.

Totals

Total revenue
$1,675,915
Total expenses
$356,590
Contributions and grants received
$1,663,969
Grants paid
$0
Program service revenue
$0
Investment income
$10,188
Other revenue
$1,758
Total assets, end of year
$1,687,152
Total liabilities, end of year
$4,085
Net assets or fund balances, end of year
$1,683,067
Program services expenses (Part IX)
$327,671
Management and general expenses
$28,705
Fundraising expenses
$214
Program service expenses (Part III)
$327,671

Program services were 91.9% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $1,404,246

  • 1f · All other contributions, gifts and grants

    $259,723

  • 1g · Noncash contributions included above

    $0

  • 3 · Investment income

    total $10,188 · related or exempt $0 · unrelated business $0 · excluded $10,188

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11d · All other revenue

    total $1,758 · related or exempt $0 · unrelated business $0 · excluded $1,758

  • 11e · Other revenue, total

    $1,758

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0 · program services $0

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $66,726 · program services $66,726 · management and general $0 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $77,423 · program services $77,423 · management and general $0 · fundraising $0

  • 8 · Pension plan contributions

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 9 · Other employee benefits

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 10 · Payroll taxes

    total $12,079 · program services $12,079 · management and general $0 · fundraising $0

  • 11a · Fees: management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $3,141 · program services $3,141 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $3,000 · program services $1,500 · management and general $1,500 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $112,671 · program services $112,671 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $3,013 · program services $2,937 · management and general $76

  • 13 · Office expenses

    total $7,065 · program services $4,045 · management and general $2,806 · fundraising $214

  • 14 · Information technology

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $338 · program services $0 · management and general $338 · fundraising $0

  • 17 · Travel

    total $6,849 · program services $6,409 · management and general $440 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $1,179 · program services $999 · management and general $180 · fundraising $0

  • 20 · Interest

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $22,674 · program services $0 · management and general $22,674 · fundraising $0

  • 23 · Insurance

    total $592 · program services $250 · management and general $342 · fundraising $0

  • 24a · Other expenses: Wireless Broadband

    total $35,254 · program services $35,254 · management and general $0 · fundraising $0

  • 24b · Other expenses: Training

    total $4,586 · program services $4,237 · management and general $349 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $218,866 · end of year $285,193

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $609,542

  • 3 · Pledges and grants receivable

    beginning of year $49,623 · end of year $114

  • 4 · Accounts receivable

    beginning of year $28 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $46,558

  • 10a · Land, buildings and equipment: cost or other basis

    $779,117

  • 10b · Land, buildings and equipment: accumulated depreciation

    $33,372

  • 10c · Land, buildings and equipment, net

    beginning of year $208,266 · end of year $745,745

  • 17 · Accounts payable and accrued expenses

    beginning of year $113,041 · end of year $3,085

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $1,000

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $208,219 · end of year $920,636

  • 28 · Net assets with donor restrictions

    beginning of year $155,523 · end of year $762,431

Mission and programs · 2025

Mission

Broadband connectivity to underserved communities and digital literacy training.

Activities or mission (Part I)

To provide broadband connectivity to underserved populations as well as digital literacy training.

  • Internet connectivity to underserved populations in New Mexico.

    Expenses $327,671 · Revenue $1,658,157

As filed on the 2025 return.

Listed in Part VII

  • Aaron Casillas

    Board Member

    Total calculated
    $60,000
    From this org
    $60,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Anthony Grenko

    President

    Total calculated
    $0
    Hours/week
    2
  • Hayley Ross

    Secretary

    Total calculated
    $0
    Hours/week
    2
  • Charles Byrd

    Board Member

    Total calculated
    $0
    Hours/week
    2
  • Nour Assili

    Board Member

    Total calculated
    $0
    Hours/week
    2

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2025
Filed
24 February 2026
IRS schema version
2025v4.0
Source object
202600559349302155

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