Skip to main content

Nonprofit · EIN 80-0806385

MEGAN LALLY MEMORIAL FUND INC

Tax-exempt · SOMERVILLE, MA 02144

Financials

$56K$3K2023$20K$5K2024
Revenue Expenses · by fiscal year end
Financials of MEGAN LALLY MEMORIAL FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$19,908$4,979$14,929$75,302$0$75,302
December 31, 2023990-EZ$55,700$3,482$52,218$60,373$0$60,373
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$19,780
Program service revenue
$0
Investment income
$128
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fees and payments to contractors
$4,979
Program services (functional)
$4,979

Balance sheet and other

Total assets, start of year
$60,373
Total assets, end of year
$75,302
Total liabilities, end of year
$0
Net assets, end of year
$75,302
Cash, savings and investments
$75,302
Gross receipts
$19,908

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

NameTitleHours / weekCompensation
ALEXANDER FANOUSPRESIDENT1$0
DAVID GRAYTREASURER1$0
SARAH FANOUSDIRECTOR1$0
VICTORIA BARTLEYDIRECTOR1$0
JOCELYN SARANTONIOVICE PRESIDENT1$0
990-EZ for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
ALEXANDER FANOUSPRESIDENT1$0
DAVID GRAYTREASURER1$0
SARAH FANOUSDIRECTOR1$0
VICTORIA BARTLEYDIRECTOR1$0
JOCELYN SARANTONIOVICE PRESIDENT1$0

Address and contacts

Address (IRS master file)
PO BOX 441635, SOMERVILLE, MA 02144-0014
In care of
% DAVID GRAY
Signed the 990-EZ
David Gray, Treasurer
Phone
(617) 505-0772

Mission

THE ORGANIZATION'S MISSION IS TO BENEFIT METASTATIC BREAST CANCER RESEARCH IN MEMORY OF MEGAN A. LALLY BY HOLDING FUNDRAISING EVENTS INCLUDING A SIGNATURE RUN LIKE AN ANTELOPE RUNNING EVENT.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • OUR 2024 200 MILE RUNNING EVENT AND RELATED FUNDRAISING WAS BACK FOR THE FOURTH STRAIGHT YEAR AFTER WE MISSED THE 2020 YEAR DUE TO COVID-19. OUR EVENT WAS A HUGE SUCCESS RAISING $55,000. THAT FUNDRAISING WILL ENABLE US TO MAKE A GREAT 2025 DONATION FOR BREAST CANCER RESEARCH AND PATIENT SUPPORT. THAT WOULDN'T BE POSSIBLE WITHOUT THESE EFFORTS AND FUNDRAISING.
    Expenses $4,979

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
80-0806385
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
2012
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$75,302
Income (IRS master file)
$19,908

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$19,908$4,979$75,302IRS
990-EZDecember 2023$55,700$3,482$60,373XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 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 80-0806385).

Questions about MEGAN LALLY MEMORIAL FUND INC

What is the EIN of MEGAN LALLY MEMORIAL FUND INC?
The employer identification number (EIN) of MEGAN LALLY MEMORIAL FUND INC is 80-0806385.
Is MEGAN LALLY MEMORIAL FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to MEGAN LALLY MEMORIAL FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MEGAN LALLY MEMORIAL FUND INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of MEGAN LALLY MEMORIAL FUND 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 MEGAN LALLY MEMORIAL FUND INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of MEGAN LALLY MEMORIAL FUND INC?
The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does MEGAN LALLY MEMORIAL FUND INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $19,908, expenses of $4,979 and total assets of $75,302 at year end.

Other nonprofits in SOMERVILLE

All nonprofits in SOMERVILLE · Massachusetts · Voluntary health associations and medical disciplines