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Nonprofit · EIN 92-0737271

JIMMY MCGRATH FOUNDATION

Tax-exempt · SHELTON, CT 06484

Financials

$168K$54K2023$54K$85K2024
Revenue Expenses · by fiscal year end
Financials of JIMMY MCGRATH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$54,222$85,074-$30,852$99,041$0$99,041
December 31, 2023990$168,196$54,248$113,948$129,893$0$129,893
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$136,092
Program service revenue
$0
Investment income
$10
Net income from fundraising events
-$81,880
Other revenue
-$81,880

Expenses

Grants and similar amounts paid
$76,386
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,445
Accounting fees
$2,721
Depreciation
$2,167
Program services (functional)
$76,386
Management and general (functional)
$8,688

Balance sheet and other

Total assets, start of year
$129,893
Total assets, end of year
$99,041
Total liabilities, end of year
$0
Net assets, end of year
$99,041
Net assets without donor restrictions
$99,041
Gross receipts
$136,102
Employees
0
Volunteers
35
Year formed
2022
State of legal domicile
CT

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
KEVIN MCGRATHTREASURER
Officer
2$0
MARGARET MCGRATHPRESIDENT
Officer
2$0
ROSE MCGRATHSECRETARY
Officer
2$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
KEVIN MCGRATHTREASURER
Officer
3$0
MARGARET MCGRATHPRESIDENT
Officer
2$0
ROSE MCGRATHSECRETARY
Officer
2$0

Address and contacts

Address (IRS master file)
26 CAPTAINS WATCH, SHELTON, CT 06484-5914
Mailing address (990-N for 2022)
26 Captains Watch, Shelton CT 06484
Principal officer (990 for 2024)
KEVIN MCGRATH, 26 CAPTAINS WATCH, SHELTON, CT 06484
Principal officer (990-N for 2022)
Kevin McGrath, 26 Captains Watch, Shelton CT 06484
Signed the 990
KEVIN MCGRATH, TREASURER
Phone
(203) 246-8365
Return prepared by
BKC CPAS PC

Mission

UNARMED AND WITHOUT ANY PROVOCATION, JIMMY MCGRATH WAS SENSELESSLY MURDERED IN A SURPRISE ATTACK BY A 16-YEAR-OLD ATHLETE FROM ANOTHER SCHOOL. THE TEEN MURDERER SHOCKINGLY DEEMED IT APPROPRIATE TO USE A LETHAL WEAPON, A KNIFE, TO MORTALLY WOUND JIMMY AND STAB THREE OTHER UNARMED TEENAGERS, WHO THANKFULLY SURVIVED. THIS MENTALITYTHIS TOTAL DISREGARD FOR HUMAN LIFE LED TO JIMMY'S MURDER IS BOTH A LOCAL AND NATIONAL PROBLEM. THIS MENTALITY MUST BE CHANGED. THUS, THE FOCAL POINT OF OUR MISSION IS TO ASSIST OUR YOUTH IN PROMOTING THEIR MENTAL AND PHYSICAL WELLNESS, WHILE INSTILLING IN THEM A PROFOUND APPRECIATION FOR THE VALUE OF A HUMAN LIFE. AT THE TIME OF HIS DEATH, JIMMY WAS A JUNIOR AND STAR ATHLETE AT FAIRFIELD PREP. BUT HE WAS SO MUCH MORE. JIMMY WAS COLOR-BLIND AND WAS INCLUSIVE IN ALL WAYS. YOU DIDN'T HAVE TO BE AN ALL-STAR ATHLETE TO HAVE HIS FRIENDSHIP AND SUPPORT. HE WAS THE ANTI-BULLY. HE WENT OUT OF HIS WAY TO HELP OTHER YOUNG PEOPLE FEEL BETTER ABOUT THEMSELVES AND INSPIRED M

990 for the year ended December 31, 2024

Program accomplishments

  • SUPPORT OF CHARITIES, GROUPS AND INDIVIDUALS WHO PERSONIFY JIMMY MCGRATH, HIS QUALITIES, HIS IDEALS AND HIS LIFE WITH AN EMPHASIS ON PROMOTING YOUTH WELLNESS AND VIOLENCE PREVENTION.
    Expenses $76,386 · grants $76,386

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
92-0737271
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
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P30)
Assets (IRS master file)
$99,041
Income (IRS master file)
$136,102

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$54,222$85,074$99,041XML
990December 2023$168,196$54,248$129,893XML
990-N for 2022
Officer: Kevin McGrath
December 31, 2022≤ $50,000 receipts––e-Postcard

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 92-0737271).

Questions about JIMMY MCGRATH FOUNDATION

What is the EIN of JIMMY MCGRATH FOUNDATION?
The employer identification number (EIN) of JIMMY MCGRATH FOUNDATION is 92-0737271.
Is JIMMY MCGRATH FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to JIMMY MCGRATH FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does JIMMY MCGRATH FOUNDATION 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 JIMMY MCGRATH FOUNDATION 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 JIMMY MCGRATH FOUNDATION 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 JIMMY MCGRATH FOUNDATION?
The 990 for the year ended December 31, 2024 names KEVIN MCGRATH.
Who are the officers and directors of JIMMY MCGRATH FOUNDATION?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does JIMMY MCGRATH FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $54,222, expenses of $85,074 and total assets of $99,041 at year end.

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