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Nonprofit · EIN 13-4203429

MICHAEL J MUNGO FOUNDATION INC

Tax-exempt · IRMO, SC 29063

Financials

$3.9M$2.5M2023$5.2M$3M2024
Revenue Expenses · by fiscal year end
Financials of MICHAEL J MUNGO FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$5,188,984$2,991,130$2,197,854$34,382,816$230,962$34,151,854
December 31, 2023990-PF$3,853,205$2,460,522$1,392,683$33,162,964$1,208,964$31,954,000
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$729,791
Interest
$19,828
Net gain from sales of assets
$4,439,365

Expenses

Grants and similar amounts paid
$2,571,575
Compensation of officers, directors and key employees
$65,415
Disbursements for charitable purposes
$2,640,879
Excise tax on investment income
$67,258

Balance sheet and other

Total assets, start of year
$33,162,964
Total assets, end of year
$34,382,816
Total liabilities, end of year
$230,962
Net assets, end of year
$34,151,854
Fair market value of assets
$56,629,153
Qualifying distributions
$2,640,879
Net investment income
$5,188,984

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-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ELIZABETH DERIDDER
441 WESTERN LANE, IRMO, SC 29063
MGR & SECRET10$65,415
ROBERT C CLAWSON
441 WESTERN LN, IRMO, SC 29063
DIRECTOR0$0
M STEWART MUNGO
441 WESTERN LANE, IRMO, SC 29063
PRESIDENT0$0
STEVEN W MUNGO
441 WESTERN LANE, IRMO, SC 29063
VICE PRESIDE0$0
MATTHEW MUNGO
441 WESTERN LANE, IRMO, SC 29063
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
BETH DERIDDER
2033 KENNERLY ROAD, IRMO, SC 29063
MANAGER & SE0$61,496
ROBERT C CLAWSON
441 WESTERN LANE, IRMO, SC 29063
DIRECTOR0$0
M STEWART MUNGO
441 WESTERN LANE, IRMO, SC 29063
PRESIDENT &0$0
STEVEN W MUNGO
441 WESTERN LANE, IRMO, SC 29063
VICE-PRESIDE0$0
MATTHEW MUNGO
441 WESTERN LANE, IRMO, SC 29063
DIRECTOR0$0

Address and contacts

Address (IRS master file)
441 WESTERN LN, IRMO, SC 29063-9071
In care of
% MICHAEL J MUNGO
Signed the 990-PF
ELIZABETH DERIDDER, MGR & SECRETARY
Phone
(803) 414-7125
Return prepared by
ALDINGER INVESTMENT SERVICES LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
13-4203429
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2008
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$34,382,816
Income (IRS master file)
$15,991,531

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$5,188,984$2,991,130$34,382,816XML
990-PFDecember 2023$3,853,205$2,460,522$33,162,964XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2017–––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 13-4203429).

Questions about MICHAEL J MUNGO FOUNDATION INC

What is the EIN of MICHAEL J MUNGO FOUNDATION INC?
The employer identification number (EIN) of MICHAEL J MUNGO FOUNDATION INC is 13-4203429.
Is MICHAEL J MUNGO FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to MICHAEL J MUNGO FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MICHAEL J MUNGO FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of MICHAEL J MUNGO 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 J MUNGO FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of MICHAEL J MUNGO FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $65,415 (ELIZABETH DERIDDER, MGR & SECRET).
How much revenue does MICHAEL J MUNGO FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,188,984, expenses of $2,991,130 and total assets of $34,382,816 at year end.

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