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Nonprofit · EIN 46-2778460

MIGHTY ACORN FOUNDATION INC

Tax-exempt · ELKHART, IN 46514

Financials

$580K$528K2023$454K$438K2024
Revenue Expenses · by fiscal year end
Financials of MIGHTY ACORN FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$453,917$438,431$15,486$93,523$1,206$92,317
December 31, 2023990$579,858$527,543$52,315$77,908$1,077$76,831
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$453,917
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$359,171
Compensation of officers, directors and key employees
$43,700
Salaries, compensation and benefits (total)
$47,090
Professional fundraising fees
$0
Accounting fees
$12,525
Travel
$2,533
Program services (functional)
$361,199
Management and general (functional)
$68,499
Fundraising (functional)
$8,733

Balance sheet and other

Total assets, start of year
$77,908
Total assets, end of year
$93,523
Total liabilities, end of year
$1,206
Net assets, end of year
$92,317
Net assets without donor restrictions
$92,317
Gross receipts
$453,917
Employees
1
Volunteers
20
Year formed
2013
State of legal domicile
IN

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.

NameTitleHours / weekCompensation
DENISE WALSHPRESIDENT
Officer
40$43,700
DAVID DEMARCHISBOARD MEMBER
Trustee or director
2$0
JENNIFER BREA FREEMANBOARD MEMBER
Trustee or director
3$0
JONATHAN FREEMANBOARD MEMBER
Trustee or director
2$0
LYNETTE HEISLERBOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
DENISE WALSHPRESIDENT
Officer
40$43,700
DAVID DEMARCHISBOARD MEMBER
Trustee or director
2$0
JENNIFER BREA FREEMANBOARD MEMBER
Trustee or director
3$0
JONATHAN FREEMANBOARD MEMBER
Trustee or director
2$0
CHARLIE HEINYBOARD MEMBER
Trustee or director
2$0
LYNETTE HEISLERBOARD MEMBER
Trustee or director
2$0

Address and contacts

Address (IRS master file)
50935 HEMINGWAY LN, ELKHART, IN 46514-8277
In care of
% DAVID DEMARCHIS
Principal officer (990 for 2024)
DENISE WALSH, 50935 HEMINGWAY LANE, ELKHART, IN 46514
Signed the 990
DENISE WALSH, PRESIDENT
Phone
(574) 361-6737
Return prepared by
BOJRAB KAUFMAN & COMPANY

Mission

TO OFFER, CONDUCT, SUPPORT, ENCOURAGE AND/OR ASSIST EDUCATIONAL, CHARITABLE, RELIGIOUS, AND OTHER PROGRAMS AND PROJECTS THAT ARE DIRECTED TOWARDS THE ADVANCEMENT OF EDUCATION, THE RELIEF OF THE POOR AND OTHER CHARITABLE ACTIVITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • TO OFFER, CONDUCT, SUPPORT, ENCOURAGE AND/OR ASSIST EDUCATIONAL, CHARITABLE, RELIGIOUS, AND OTHER PROGRAMS AND PROJECTS THAT ARE DIRECTED TOWARDS THE ADVANCEMENT OF EDUCATION, THE RELIEF OF THE POOR AND OTHER CHARITABLE ACTIVITIES.
    Expenses $361,199 · grants $359,171

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

IRS record

EIN
46-2778460
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
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$93,523
Income (IRS master file)
$453,917

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$453,917$438,431$93,523XML
990December 2023$579,858$527,543$77,908XML
990December 2022$310,371$320,625$25,698IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––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 46-2778460).

Questions about MIGHTY ACORN FOUNDATION INC

What is the EIN of MIGHTY ACORN FOUNDATION INC?
The employer identification number (EIN) of MIGHTY ACORN FOUNDATION INC is 46-2778460.
Is MIGHTY ACORN FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to MIGHTY ACORN FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MIGHTY ACORN 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 MIGHTY ACORN 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 MIGHTY ACORN 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 MIGHTY ACORN FOUNDATION INC?
The 990 for the year ended December 31, 2024 names DENISE WALSH.
Who are the officers and directors of MIGHTY ACORN FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $43,700 (DENISE WALSH, PRESIDENT).
How much revenue does MIGHTY ACORN FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $453,917, expenses of $438,431 and total assets of $93,523 at year end.

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