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The James Megellas Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 273047777 ✦ Glendale, AZ ✦ Designated as a 501(c)(3)

Overview

What is The James Megellas Foundation Inc?

The James Megellas Foundation Inc, located in Glendale, Arizona, is a nonprofit organization with a mission to address social needs and alleviate the government's burden in the field of education. They achieve this by leasing school facilities to a public school district. This strategic approach allows the foundation to contribute significantly to the educational sector, thereby strengthening the community as a whole. The foundation's activities are primarily focused on making a positive impact in the realm of education, thereby enhancing societal well-being.


Is The James Megellas Foundation Inc legitimate?

The James Megellas Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The James Megellas Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of The James Megellas Foundation Inc?
Who is the CEO of The James Megellas Foundation Inc?
What is the revenue of The James Megellas Foundation Inc?
Who are the executives of The James Megellas Foundation Inc and what are their salaries?
Where can I find the form 990 for The James Megellas Foundation Inc?

Mission Statement of The James Megellas Foundation Inc

The James Megellas Foundation Inc is committed to addressing social needs and alleviating the burden on government in the realm of education. Its primary purpose is to contribute positively to society by focusing on this sector. The Foundation accomplishes this mission by leasing school facilities to a public school district, thereby playing a significant role in supporting educational institutions and the learning process.

Impact

This information is meant to be a general summary of The James Megellas Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The James Megellas Foundation Inc has a significant impact on education in Glendale, Arizona by leasing school facilities to a public school district. This allows for expanded educational opportunities for students and helps alleviate the burden on the government in providing necessary infrastructure for education.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $3,597,457
  • Gross Receipts: $3,597,457

    • Assets and Liabilities:
  • Total Assets: $74,322,593
  • Total Liabilities: $70,099,717
  • Net Assets: $4,222,876
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    INTEREST

    Revenue

    $3,543,631

    ADDITIONAL USE FEES

    Revenue

    $53,826

    Organization Details

    Founding Year

    2010

    Principal Officer

    Michael W Melton

    Main Address

    6635 W HAPPY VALLEY ROAD, GLENDALE, AZ, 85310

    NTEE Category

    Code: B122 - Education

    If you are a representative of The James Megellas Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.