Nonprofit · EIN 20-2280077
MICHAEL MAGRO FOUNDATION INC
Tax-exempt · HICKSVILLE, NY 11801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $329,680 | $336,325 | -$6,645 | $68,224 | $0 | $68,224 |
| December 31, 2023 | 990 | $350,663 | $385,618 | -$34,955 | $74,869 | $0 | $74,869 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $329,680
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $12,200
- Travel
- $1,349
- Program services (functional)
- $33,974
- Management and general (functional)
- $17,194
- Fundraising (functional)
- $285,157
Balance sheet and other
- Total assets, start of year
- $74,869
- Total assets, end of year
- $68,224
- Total liabilities, end of year
- $0
- Net assets, end of year
- $68,224
- Net assets without donor restrictions
- $68,224
- Gross receipts
- $329,680
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2005
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NICOLE ALMEIDA | TRUSTEE Trustee or director | 1 | $0 |
| GINA BEDELL | TRUSTEE Trustee or director | 1 | $0 |
| MICHAEL BILLIA | TRUSTEE Trustee or director | 1 | $0 |
| DAWN DARDZINSKI | TRUSTEE Trustee or director | 1 | $0 |
| RYAN DEMPSEY | TRUSTEE Trustee or director | 1 | $0 |
| THOMAS GALATI | TRUSTEE Trustee or director | 1 | $0 |
| JAMES MONTANA | TRUSTEE Trustee or director | 1 | $0 |
| BRIAN HORVATH | TRUSTEE Trustee or director | 1 | $0 |
| THERESE MORA | TRUSTEE Trustee or director | 1 | $0 |
| MARC MAGRO | CO-FOUNDER Trustee or director | 1 | $0 |
| BARBARA SHEILDS | TRUSTEE Trustee or director | 1 | $0 |
| PAUL MAGRO | PRESIDENT Officer | 5 | $0 |
| TERRIE MAGRO | VP Officer | 5 | $0 |
| TAMMY SEVERINO | SECRETARY Officer | 5 | $0 |
| LINDA STEINBERG | TREASURER Officer | 5 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NICOLE ALMEIDA | TRUSTEE Trustee or director | 1 | $0 |
| GINA BEDELL | TRUSTEE Trustee or director | 1 | $0 |
| MICHAEL BILLIA | TRUSTEE Trustee or director | 1 | $0 |
| DAWN DARDZINSKI | TRUSTEE Trustee or director | 1 | $0 |
| RYAN DEMPSEY | TRUSTEE Trustee or director | 1 | $0 |
| KENNY EXLER | TRUSTEE Trustee or director | 1 | $0 |
| JOSEPH DESENA | TRUSTEE Trustee or director | 1 | $0 |
| THOMAS GALATI | TRUSTEE Trustee or director | 1 | $0 |
| JAMES MONTANA | TRUSTEE Trustee or director | 1 | $0 |
| BRIAN HORVATH | TRUSTEE Trustee or director | 1 | $0 |
| THERESE MORA | TRUSTEE Trustee or director | 1 | $0 |
| MARC MAGRO | CO-FOUNDER Trustee or director | 1 | $0 |
| BARBARA SHEILDS | TRUSTEE Trustee or director | 1 | $0 |
| PAUL MAGRO | PRESIDENT Officer | 5 | $0 |
| TERRIE MAGRO | VP Officer | 5 | $0 |
| TAMMY SEVERINO | SECRETARY Officer | 5 | $0 |
| LINDA STEINBERG | TREASURER Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 12 JULIAN ST, HICKSVILLE, NY 11801-2226
- In care of
- % PAUL MAGRO
- Principal officer (990 for 2024)
- PAUL MAGRO, 12 JULIAN STREET, HICKSVILLE, NY 11801
- Signed the 990
- PAUL MAGRO, PRESIDENT
- Phone
- (718) 326-1221
- Website
- MICHAELMAGROFOUNDATION.COM
- Return prepared by
- WALTER KOPROWSKI CPA
Mission
TO REDUCE THE FINANCIAL HARDSHIP OF FAMILIES OF CHILDREN DIAGNOSED WITH CANCER AND/OR BLOOD DISORDERS AND HELP THOSE CHILDREN THROUGH THE TREATMENT AND AFTER TREATMENT PHASE OF THEIR ILLNESS.
Program accomplishments
- TO 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.Expenses $33,974
- SPECIAL EVENTSrevenue $283,733
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-2280077
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $68,224
- Income (IRS master file)
- $329,680
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $329,680 | $336,325 | $68,224 | XML |
| 990 | December 2023 | $350,663 | $385,618 | $74,869 | XML |
| 990 | December 2022 | $433,663 | $601,653 | $109,824 | IRS |
| 990 | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-2280077).
Questions about MICHAEL MAGRO FOUNDATION INC
- What is the EIN of MICHAEL MAGRO FOUNDATION INC?
- The employer identification number (EIN) of MICHAEL MAGRO FOUNDATION INC is 20-2280077.
- Is MICHAEL MAGRO FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to MICHAEL MAGRO FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MICHAEL MAGRO FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MICHAEL MAGRO FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MICHAEL MAGRO FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MICHAEL MAGRO FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names PAUL MAGRO.
- Who are the officers and directors of MICHAEL MAGRO FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
- How much revenue does MICHAEL MAGRO FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $329,680, expenses of $336,325 and total assets of $68,224 at year end.
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