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 publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
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.
Other nonprofits in HICKSVILLE
- NATIONAL GRID FOUNDATION EIN 11-3466416 · last filed 990-PF for 2024
- LISE AND JEFFREY WILKS FAMILY FOUNDATION EIN 27-4318322 · last filed 990-PF for 2025
- BNEI BINYAMIN & RIVKA KALATY CHARITABLE FOUNDATION INC EIN 82-5240524 · last filed 990-PF for 2023
- FOUNDATION FOR SMALL CHARITIES INDIA INC EIN 82-4565110 · last filed 990-PF for 2024
- HICKSVILLE HIGH SCHOOL BAND PARENTS ASSOCIATION INC EIN 11-3237189 · last filed 990-PF for 2025
- NEW YORK STATE FRATERNAL ORDER OF POLICE FOUNDATION EIN 11-3207296 · last filed 990-N for 2023
- RK FOUNDATION INC EIN 87-3303669 · last filed 990-EZ for 2024
- UAW LOCAL 259 SAM@MEYERS SCHOLARSHIP TRUST FUND EIN 13-7353902 · last filed 990-PF for 2024
All nonprofits in HICKSVILLE · New York · Philanthropy, voluntarism and grantmaking foundations