STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

MICHAEL MAGRO FOUNDATION INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
MICHAEL MAGRO FOUNDATION INC (EIN 20-2280077)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-05-05
IRS object ID
201141259349301024
Schema version
2010v3.2
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)
Timestamp2011-05-05T12:40:33-05:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

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 Date2010-01-01TaxPeriodBeginDate

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 Signed2011-05-04DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameROCHELLE NECHIN CPAName
Phone7184235340Phone
Date Prepared2011-05-05DatePrepared
FieldValueIRS element (for citing)
Tax Year2010TaxYear
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 Receipts97221GrossReceipts
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 Body15NbrVotingMembersGoverningBody
Nbr Independent Voting Members15NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Gross UBI0TotalGrossUBI
Contributions Grants Prior Year28393ContributionsGrantsPriorYear
Contributions Grants Current Year32810ContributionsGrantsCurrentYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year166InvestmentIncomePriorYear
Investment Income Current Year306InvestmentIncomeCurrentYear
Other Revenue Prior Year75421OtherRevenuePriorYear
Other Revenue Current Year64105OtherRevenueCurrentYear
Total Revenue Prior Year103980TotalRevenuePriorYear
Total Revenue Current Year97221TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year81512GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY87937GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year3060OtherExpensePriorYear
Other Expenses Current Year3310OtherExpensesCurrentYear
Total Expenses Prior Year84572TotalExpensesPriorYear
Total Expenses Current Year91247TotalExpensesCurrentYear
Revenues Less Expenses Prior Year19408RevenuesLessExpensesPriorYear
Revenues Less Expenses CY5974RevenuesLessExpensesCY
Total Assets BOY140546TotalAssetsBOY
Total Assets EOY146520TotalAssetsEOY
Total Liabilities EOY0TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY140546NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY146520NetAssetsOrFundBalancesEOY
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
Expense86937Expense
Grants86937Grants
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
Grants1000Grants
DescriptionTO PROVIDE TWO SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS GOING TO COLLEGE.Description

Activity3 Activity3

FieldValueIRS element (for citing)
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 Expense87937TotalProgramServiceExpense
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 OrganizationstrueGrantsToOrganizations
Grants To IndividualstrueGrantsToIndividuals
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 Members15NbrVotingGoverningBodyMembers
Number Independent Voting Members15NumberIndependentVotingMembers
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)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
PAUL MAGRO
PRESIDENT000.00XX000
TERRY MAGRO
V-P000.00XX000
SHARON PATERNOSTER
SECRETARY000.00XX000
LINDA STEINBERG
TREASURER000.00XX000
DR MARK WEINBLATT
TRUSTEE000.00X000
JANICE MCINTRYE
TRUSTEE000.00X000
KENNY EXLER
TRUSTEE000.00X000
LINDA SWEENEY
TRUSTEE000.00X000
JOSEPH S DESENA
TRUSTEE000.00X000
NICOLE ALMEIDA
TRUSTEE000.00X000
ANN MARIE DEFRANCES
TRUSTEE000.00X000
MARY KATE MAFFETT-COLEMAN
TRUSTEE000.00X000
MARC MAGRO
TRUSTEE000.00X000
THOMAS PRIORE
TRUSTEE000.00X000
BARBARA SHEILDS
TRUSTEE000.00X000
GAIL FERRATINO WALSH
TRUSTEE000.00X000
EDWARD WALSH
TRUSTEE000.00X000
FieldValueIRS element (for citing)
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
All Other Contributions32810AllOtherContributions
Total Contributions32810TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column306TotalRevenueColumn
Exclusion$306ExclusionAmount

Other Revenue Misc OtherRevenueMisc

FieldValueIRS element (for citing)
DescriptionFUNDRAISERS - NETDescription
Total Revenue Column64105TotalRevenueColumn
Exclusion$64,105ExclusionAmount
FieldValueIRS element (for citing)
Total Other Revenue64105TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column97221TotalRevenueColumn
Exclusion$64,411ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total40000Total
Program Services40000ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total47937Total
Program Services47937ProgramServices

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total63Total
Management And General63ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total681Total
Management And General681ManagementAndGeneral

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total353Total
Management And General353ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total563Total
Management And General563ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalManagement And GeneralManagementAndGeneral
SERVICE CHARGES659659
SUPPLIES371371
NOT-FOR-PROFIT EDUCATION300300
MEMBERSHIP DUES175175
WEB AND ON LINE EXPENSES8585

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total60Total
Management And General60ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total91247Total
Program Services87937ProgramServices
Management And General3310ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY137173BOY
EOY131600EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
EOY10630EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis2769LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec1391LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY961BOY
EOY1378EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY2412BOY
EOY2912EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY140546BOY
EOY146520EOY

Total Liabilities TotalLiabilities

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

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY140546BOY
EOY146520EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY140546BOY
EOY146520EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY140546BOY
EOY146520EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses5974ReconcilationRevenueExpenses
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 Year32810CurrentTaxYear
Total32810Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year32810CurrentTaxYear
Total32810Total
FieldValueIRS element (for citing)
Public Support Total17032810PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year306CurrentTaxYear
Total306Total

Other Income170 OtherIncome170

FieldValueIRS element (for citing)
Current Tax Year64105CurrentTaxYear
Total64105Total
FieldValueIRS element (for citing)
Total Support97221TotalSupport
Public Support Pertcentage1700.33750PublicSupportPertcentage170
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

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
Depreciation1391Depreciation
Book Value1378BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings1378TotalOfBookValueLandBuildings

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records MaintainedfalseRecordsMaintained

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

FieldValueIRS element (for citing)
Business Name Line1WINTHROP HOSPITAL CANCER CENTER FORBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1120 MINEOLA BLVDAddressLine1
CityMINEOLACity
StateNYState
ZIP Code11501ZIPCode
FieldValueIRS element (for citing)
EIN Of Recipient111633486EINOfRecipient
Amount Of Cash Grant40000AmountOfCashGrant
Purpose Of GrantPROVIDE EQUIPMENT &PurposeOfGrant

Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)

Type Of GrantTypeOfGrantNumber Of RecipientsNumberOfRecipientsAmount Of Cash GrantAmountOfCashGrant
FINANACIAL AID/ MEDICAL140046937
SCHOLARSHIP21000
SUPPORT SYSTEM

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.