Nonprofit · EIN 25-1915054
MARY GRACE MEMORIAL FUND
Tax-exempt · STRONGSVILLE, OH 44136
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $122,308 | $180,889 | -$58,581 | $79,329 | $0 | $79,329 |
| December 31, 2023 | 990 | $223,855 | $242,513 | -$18,658 | $137,910 | $0 | $137,910 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $88,270
- Program service revenue
- $34,015
- Investment income
- $23
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $140,270
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,265
- Program services (functional)
- $170,990
- Management and general (functional)
- $9,899
Balance sheet and other
- Total assets, start of year
- $137,910
- Total assets, end of year
- $79,329
- Total liabilities, end of year
- $0
- Net assets, end of year
- $79,329
- Net assets without donor restrictions
- $79,329
- Gross receipts
- $122,308
- Employees
- 0
- Volunteers
- 100
- Year formed
- 2005
- State of legal domicile
- OH
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 |
|---|---|---|---|
| Mike Grace | Director Trustee or director | 1 | $0 |
| Allison Grace | Director Trustee or director | 1 | $0 |
| Will Grace | Director Trustee or director | 1 | $0 |
| Tim Grace | Director Trustee or director | 1 | $0 |
| Stephanie Novicky | Director Trustee or director | 1 | $0 |
| Kevin Schramm | Director Trustee or director | 1 | $0 |
| Carol Constance | Director Trustee or director | 1 | $0 |
| Kelly Kalinowski | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Stephanie Novicky | Race Board Trustee Trustee or director | 1 | $0 |
| Donald Grace | Race Board Trustee Trustee or director | 1 | $0 |
| Kevin Schramm | Race Board Trustee Trustee or director | 1 | $0 |
| Allison Grace | Race Board Trustee Trustee or director | 1 | $0 |
| Carol Constance | Race Board Trustee Trustee or director | 1 | $0 |
| Michael Meadows | Foundation Board Trustee Trustee or director | 1 | $0 |
| Cindy Gerity | Foundation Board Trustee Trustee or director | 1 | $0 |
| Steve Kranz | Foundation Board Trustee Trustee or director | 1 | $0 |
| Julie Root | Foundation Board Trustee Trustee or director | 1 | $0 |
| Mike Grace | Executive Director & Trustee Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 16067 ACACIA DR, STRONGSVILLE, OH 44136-7430
- In care of
- % ALLISON GRACE
- Signed the 990
- ALLISON GRACE, Director
- Phone
- (330) 635-3236
- Website
- www.Marygracefoundation.com
- Return prepared by
- Hill Stonestreet & Co
Mission
To raise money for cancer related charities throughout Ohio by organizing fundraising activities.
Program accomplishments
- Distributed funds to cancer related charities.Expenses $140,270 · grants $140,270
- Race With Grace - 5K run and walk to raise funds for the exempt purpose. Total funds raised $34,015.Expenses $30,720 · revenue $34,015
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
- 25-1915054
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Voluntary health associations and medical disciplines (G99)
- Assets (IRS master file)
- $79,329
- Income (IRS master file)
- $122,308
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $122,308 | $180,889 | $79,329 | IRS |
| 990 | December 2023 | $223,855 | $242,513 | $137,910 | XML |
| 990 | December 2022 | $363,572 | $297,790 | $158,772 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 25-1915054).
Questions about MARY GRACE MEMORIAL FUND
- What is the EIN of MARY GRACE MEMORIAL FUND?
- The employer identification number (EIN) of MARY GRACE MEMORIAL FUND is 25-1915054.
- Is MARY GRACE MEMORIAL FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to MARY GRACE MEMORIAL FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARY GRACE MEMORIAL FUND 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 MARY GRACE MEMORIAL FUND 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 MARY GRACE MEMORIAL FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of MARY GRACE MEMORIAL FUND?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does MARY GRACE MEMORIAL FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $122,308, expenses of $180,889 and total assets of $79,329 at year end.
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