NonprofitsM Crowd Familia Fund Inc

Community Foundations

M Crowd Familia Fund Inc

CARROLLTON, TX

Total revenue

$127K

Total expenses

$56K

Net assets

$146K

Grants received

$43K

1 grants

EIN

874090864

Tax year

2024

Mission

The Fund was created to provide short-term crisis-relief assistance to all active and retired employees of M Crowd Restaurant Group, Inc., and their immediate families. Assistance will be provided for applicants facing sudden, unexpected situations that threaten their health and welfare after other avenues for assistance have been exhausted. Financial assistance is based upon an application process that requires demonstrated need. The M Crowd Familia Fund relies primarily on individual donations from employees and support from M Crowd Restaurant Group, Inc. to fund this program. Every contribution helps and when combined with the donations of others, can provide a tax-free grant to help a fellow employee in need when they are facing the unexpected.

Financials

FY 2024

Revenue

Contributions & grants$127K
Program service revenue
Investment income
Other revenue$65
Total revenue$127K

Expenses

Grants paid$55K
Salaries & benefits
Fundraising
Other expenses$1K
Total expenses$56K
Total assets$146K
Net assets$146K

People

10 listed

NameRoleCompensation

John Drummond

President

Board

1 hrs/wk

Dina Reed

Secretary

Board

1 hrs/wk

Diana Goicoechea

Vice President

Board

1 hrs/wk

Gloria Olivarez

Treasurer (End: 02/24)

Board

1 hrs/wk

Veronica Lopez

Treasurer (Start: 03/24)

Board

1 hrs/wk

Jose Luis Villanueva

Director (End: 02/24)

Board

1 hrs/wk

Paula Montoya

Director (End: 02/24)

Board

1 hrs/wk

John Landeros

Director

Board

1 hrs/wk

Iban Rodriguez

Director (Start: 03/24)

Board

1 hrs/wk

Arturo Mazariegos

Director (Start: 03/24)

Board

1 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$43K
For grant recipient's exempt purposes
2023

Funded by

$43K from 1 funder · 1 grant · 2023

Details

EIN874090864
NTEE codeT31
Subsection03
Ruling date2022-05
M CROWD FAMILIA FUND INC — Mission, Financials & Grants Received | Grantivo