Michael J Mungo Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Michael J Mungo Foundation Inc is a 501(c)(3) organization based in Irmo, South Carolina, registered in 2008, with $5,188,984 in FY2024 revenue. CharityIndex grades it C+.
441 Western Ln, Irmo, SC, 29063 EIN 13-4203429 Since 2008
Revenue (FY2024)
$5.2M
▲ 34.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$3.0M
Net assets
$34.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Michael J Mungo Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating137 mo reserves · +42% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Michael J Mungo Foundation Inc: 137 mo reserves · +42% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Michael J Mungo Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Michael J Mungo Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 441 Western Ln, Irmo, SC, 29063
- City
- Irmo
- State
- South Carolina
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $2.2M (FY2014) to $5.2M (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $231KNet assets $34.2M
Operating margin
42.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$34.4M
Total liabilities
$231K
Net assets
$34.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $5,188,984▲34.7% | $2,991,130▲21.6% | $34,151,854▲6.9% | $34,382,816▲3.7% | 990PF |
| 2023 | $3,853,205▲25.9% | $2,460,522▲2.4% | $31,954,000▲4.6% | $33,162,964▲8.5% | 990PF |
| 2022 | $3,059,453▼26.3% | $2,403,699▲5.2% | $30,561,317▲1.5% | $30,561,317▲1.5% | 990PF |
| 2021 | $4,150,603▲69.4% | $2,285,021▲20.8% | $30,110,865▲6.6% | $30,110,865▲4.4% | 990PF |
| 2020 | $2,450,256▼28.0% | $1,891,510▲10.0% | $28,245,283▲2.1% | $28,835,390▲4.2% | 990PF |
| 2019 | $3,405,319▲112% | $1,719,549▲33.9% | $27,665,181▲47.5% | $27,665,181▲47.5% | 990PF |
| 2017 | $1,606,084▼25.9% | $1,283,750▲28.9% | $18,762,110▲31.2% | $18,762,110▲31.2% | 990PF |
| 2014 | $2,168,475 | $996,299▲808% | $14,300,825▲50.9% | $14,300,825▲50.9% | 990PF |
| 2012 | — | $109,674▼32.1% | $9,474,339▲139% | $9,474,339▲139% | 990PF |
| 2011 | — | $161,465 | $3,966,206 | $3,966,206 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Michael J Mungo Foundation Inc a legitimate nonprofit?
- Yes. Michael J Mungo Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-4203429, based in Irmo, South Carolina. Donations are tax-deductible.
- What is Michael J Mungo Foundation Inc's EIN?
- Michael J Mungo Foundation Inc's Employer Identification Number (EIN) is 13-4203429.
- How much revenue does Michael J Mungo Foundation Inc report?
- Michael J Mungo Foundation Inc reported $5,188,984 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Michael J Mungo Foundation Inc have?
- CharityIndex grades Michael J Mungo Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Michael J Mungo Foundation Inc (EIN 13-4203429) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.