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Employer Identification Number 47-1002151

MAGYAR FOUNDATION OF NORTH AMERICA is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:MAGYAR FOUNDATION OF NORTH AMERICA
Employer identification number (EIN):47-1002151
EIN Issuing AuthorityInternet
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTO PROMOTE HUNGARIAN CULTURE IN NORTH AMERICA AND TO ENGAGE HUNGARIAN AMERICANS IN HUNGARIAN-FOCUSED ACTIVITIES AND EVENTS.
Number of Employees0
Number of Volunteers0
Year Formed2014

Organization Governance

Legal DomicileDC
Voting Members - Governing Body5
Voting Members - Independent5

Organization Financials

2018-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 131
Investment Income from current yearUSD $ 90
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 2,427,889
Net assets / fund balances at end of fiscal yearUSD $ 114,169
Net assets / fund balances at beginning of fiscal yearUSD $ 63,140
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 114,169
Total assets at beginning of fiscal yearUSD $ 63,140
Revenues less expenses for current yearUSD $ 51,029
Revenues less expenses for previous yearUSD $ -336,700
Total expenses for current yearUSD $ 2,376,860
Total expenses for previous yearUSD $ 813,208
Other expenses in current yearUSD $ 2,231,025
Other expenses in previous yearUSD $ 813,208
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 145,835
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 2,427,889
Total revenue in previous fiscal yearUSD $ 476,508
Contributions and grants from current yearUSD $ 2,427,799
Contributions and grants from previous yearUSD $ 476,377
2017-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 165
Investment Income from current yearUSD $ 131
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 476,508
Net assets / fund balances at end of fiscal yearUSD $ 63,140
Net assets / fund balances at beginning of fiscal yearUSD $ 1,614,485
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 63,140
Total assets at beginning of fiscal yearUSD $ 1,614,485
Revenues less expenses for current yearUSD $ -336,700
Revenues less expenses for previous yearUSD $ 1,227,721
Total expenses for current yearUSD $ 813,208
Total expenses for previous yearUSD $ 875,756
Other expenses in current yearUSD $ 813,208
Other expenses in previous yearUSD $ 875,756
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 476,508
Total revenue in previous fiscal yearUSD $ 2,103,477
Contributions and grants from current yearUSD $ 476,377
Contributions and grants from previous yearUSD $ 2,103,312
2016-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 103
Investment Income from current yearUSD $ 165
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 2,103,477
Net assets / fund balances at end of fiscal yearUSD $ 1,614,485
Net assets / fund balances at beginning of fiscal yearUSD $ 386,764
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 1,614,485
Total assets at beginning of fiscal yearUSD $ 386,764
Revenues less expenses for current yearUSD $ 1,227,721
Revenues less expenses for previous yearUSD $ 360,139
Total expenses for current yearUSD $ 875,756
Total expenses for previous yearUSD $ 1,745,676
Other expenses in current yearUSD $ 875,756
Other expenses in previous yearUSD $ 1,595,676
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 100,000
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 50,000
Total revenue in current fiscal yearUSD $ 2,103,477
Total revenue in previous fiscal yearUSD $ 2,105,815
Contributions and grants from current yearUSD $ 2,103,312
Contributions and grants from previous yearUSD $ 2,105,712
2015-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 103
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 2,105,815
Net assets / fund balances at end of fiscal yearUSD $ 386,764
Net assets / fund balances at beginning of fiscal yearUSD $ 26,625
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 386,764
Total assets at beginning of fiscal yearUSD $ 26,625
Revenues less expenses for current yearUSD $ 360,139
Revenues less expenses for previous yearUSD $ 26,625
Total expenses for current yearUSD $ 1,745,676
Total expenses for previous yearUSD $ 173,275
Other expenses in current yearUSD $ 1,595,676
Other expenses in previous yearUSD $ 173,275
Total fundraising expenses in current yearUSD $ 100,000
Professional fundraising fees from current yearUSD $ 100,000
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 50,000
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 2,105,815
Total revenue in previous fiscal yearUSD $ 199,900
Contributions and grants from current yearUSD $ 2,105,712
Contributions and grants from previous yearUSD $ 199,900
2014-12-31
Gross receipts from all sourcesUSD $ 199,900
Net assets / fund balances at end of fiscal yearUSD $ 26,625
Net assets / fund balances at beginning of fiscal yearUSD $ 0
Contributions, Grants, Gifts etc from current yearUSD $ 199,900
Total revenueUSD $ 199,900
Fees and other payments to independent contractorsUSD $ 121,068
Total of all other expensesUSD $ 573
Total of all expensesUSD $ 173,275
Net assets or fund balances at end of yearUSD $ 26,625
Rent, utilities and maintenance costsUSD $ 51,234

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 471002151

USA Mailing Address
3033 WILSON BLVD NO 700
ARLINGTON
VA
22201
Date first seen: 2007-01-01
Date last seen: 2023-09-30

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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