The Michael Foundation Inc

Phoenixville, PA
Tax-exempt since Nov. 1992
EIN: 58-1992204

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$7.34k (2023)

Expenses

$142k (2023)

Total Assets

$1.37M (2023)

Total Liabilities

$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Revenue

$7,340

Expenses

$141,743

Net Income

-$134,403

Net Assets

$1,367,679

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$12,112	> 100%
Dividends	$42,201	> 100%
Sales of Assets	-$47,000
Other Income	$27	0.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$103,000	72.7%
Compensation of Officers*	$32,000	22.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,367,679
Total Liabilities	$0
Net Assets	$1,367,679

Compensation

Key Employees and Officers	Compensation	Other
Edward Hill (Pres/Director)	$32,000	$0
Marsha Hill (Secretary/Director)	$0	$0
Jeffrey Spade (Treasurer/Director)	$0	$0

990-PF

Filed on Nov. 20, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2022

Revenue

$144,413

Expenses

$159,673

Net Income

-$15,260

Net Assets

$1,502,082

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$5	0.0%
Dividends	$106,653	73.9%
Sales of Assets	$37,735	26.1%
Other Income	$20	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$116,645	73.1%
Compensation of Officers*	$32,000	20.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,502,082
Total Liabilities	$0
Net Assets	$1,502,082

Compensation

Key Employees and Officers	Compensation	Other
Edward Hill (Pres/Director)	$32,000	$0
Marsha Hill (Secretary/Director)	$0	$0
Jeffrey Spade (Treasurer/Director)	$0	$0

990-PF

Filed on Nov. 23, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2021

Revenue

$64,975

Expenses

$162,043

Net Income

-$97,068

Net Assets

$1,517,342

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$18	0.0%
Dividends	$64,864	99.8%
Sales of Assets	$0
Other Income	$93	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$112,000	69.1%
Compensation of Officers*	$38,000	23.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,517,342
Total Liabilities	$0
Net Assets	$1,517,342

Compensation

Key Employees and Officers	Compensation	Other
Edward Hill (Pres/Director)	$38,000	$0
Marsha Hill (Secretary/Director)	$0	$0
Jeffrey Spade (Treasurer/Director)	$0	$0

990-PF

Filed on April 27, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2020

Revenue

$79,219

Expenses

$146,540

Net Income

-$67,321

Net Assets

$1,614,409

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$133	0.2%
Dividends	$76,294	96.3%
Sales of Assets	$0
Other Income	$6,149	7.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$103,000	70.3%
Compensation of Officers*	$40,000	27.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,614,410
Total Liabilities	$1
Net Assets	$1,614,409

Compensation

Key Employees and Officers	Compensation	Other
Edward Hill (Pres/Director)	$40,000	$0
Marsha Hill (Vice Pres/Secretary)	$0	$0
Francine Marquiss Adams (Treasurer/Director)	$0	$0

990-PF

Filed on March 10, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2019

Revenue

$123,378

Expenses

$142,960

Net Income

-$19,582

Net Assets

$1,681,730

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,167	0.9%
Dividends	$106,044	86.0%
Sales of Assets	$16,167	13.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$100,600	70.4%
Compensation of Officers*	$30,000	21.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,681,731
Total Liabilities	$1
Net Assets	$1,681,730

Compensation

Key Employees and Officers	Compensation	Other
Edward Hill (Pres/Director)	$30,000	$0
Marsha Hill (Vice Pres/Secretary)	$0	$0
Francine Marquiss Adams (Treasurer/Director)	$0	$0

990-PF

Filed on May 8, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2018

Revenue

$78,535

Expenses

$165,007

Net Income

-$86,472

Net Assets

$1,701,313

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$90	0.1%
Dividends	$80,717	> 100%
Sales of Assets	-$2,272
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$112,760	68.3%
Compensation of Officers*	$50,000	30.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,701,313
Total Liabilities	$0
Net Assets	$1,701,313

Compensation

Key Employees and Officers	Compensation	Other
Edward Hill (Pres/Director)	$50,000	$0
Marsha Hill (Vice Pres/Secretary)	$0	$0
Francine Marquiss Adams (Treasurer/Director)	$0	$0

990-PF

Filed on May 10, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2017

Revenue

$65,763

Expenses

$131,192

Net Income

-$65,429

Net Assets

$1,787,785

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$10	0.0%
Dividends	$74,483	> 100%
Sales of Assets	-$8,730
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$93,365	71.2%
Compensation of Officers*	$20,000	15.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,787,785
Total Liabilities	$0
Net Assets	$1,787,785

Compensation

Key Employees and Officers	Compensation	Other
Edward Hill (Pres/Director)	$20,000	$0
Marsha Hill (Vice Pres/Secretary)	$0	$0
Francine Marquiss Adams (Treasurer/Director)	$0	$0

990-PF

Filed on Nov. 3, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2016

Revenue

$67,098

Expenses

$153,073

Net Income

-$85,975

Net Assets

$1,853,214

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$10	0.0%
Dividends	$93,069	> 100%
Sales of Assets	-$25,981
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$97,422	63.6%
Compensation of Officers*	$50,000	32.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,853,214
Total Liabilities	$0
Net Assets	$1,853,214

Compensation

Key Employees and Officers	Compensation	Other
Edward Hill (Pres/Director)	$50,000	$0
Marsha Hill (Vice Pres/Secretary)	$0	$0
Francine Marquiss Adams (Treasurer/Director)	$0	$0

990-PF

Filed on March 23, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2015

Revenue

$252,543

Expenses

$165,243

Net Income

$87,300

Net Assets

$1,939,189

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$7,372	2.9%
Dividends	$68,765	27.2%
Sales of Assets	$176,387	69.8%
Other Income	$19	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$99,697	60.3%
Compensation of Officers*	$44,000	26.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,939,189
Total Liabilities	$0
Net Assets	$1,939,189

Compensation

Key Employees and Officers	Compensation	Other
Edward Hill (Pres/Director)	$40,000	$0
Francine Marquiss Adams (Treasurer/Director)	$4,000	$0
Marsha Hill (Vice Pres/Secretary)	$0	$0

990-PF

Filed on Nov. 16, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2014

Revenue

$165,985

Expenses

$150,790

Net Income

$15,195

Net Assets

$1,851,889

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$11,757	7.1%
Dividends	$61,184	36.9%
Sales of Assets	$92,958	56.0%
Other Income	$86	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$97,057	64.4%
Compensation of Officers*	$30,000	19.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,851,889
Total Liabilities	$0
Net Assets	$1,851,889

Compensation

Key Employees and Officers	Compensation	Other
Edward Hill (Pres/Director)	$30,000	$0
Marsha Hill (Vice Pres/Secretary)	$0	$0
Francine Marquiss Adams (Treasurer/Director)	$0	$0

990-PF

Filed on Jan. 14, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2013

Revenue

$320,659

Expenses

$159,074

Net Income

$161,585

Net Assets

$1,836,694

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$177,057	55.2%
Interest Revenue	$13,635	4.3%
Dividends	$48,617	15.2%
Sales of Assets	$80,066	25.0%
Other Income	$1,284	0.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$102,460	64.4%
Compensation of Officers*	$40,000	25.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,836,694
Total Liabilities	$0
Net Assets	$1,836,694

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2012

Revenue

$106,507

Expenses

$159,285

Net Income

-$52,778

Net Assets

$1,675,109

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$16,148	15.2%
Dividends	$45,549	42.8%
Sales of Assets	$43,753	41.1%
Other Income	$1,057	1.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$100,560	63.1%
Compensation of Officers*	$40,000	25.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,675,109
Total Liabilities	$0
Net Assets	$1,675,109

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2011

Revenue

$143,801

Expenses

$159,856

Net Income

-$16,055

Net Assets

$1,727,887

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$19,014	13.2%
Dividends	$61,567	42.8%
Sales of Assets	$63,220	44.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$105,500	66.0%
Compensation of Officers*	$40,000	25.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,727,887
Total Liabilities	$0
Net Assets	$1,727,887

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated September 25, 2025

The Michael Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $7.34k (2023)

Expenses $142k (2023)

Total Assets $1.37M (2023)

Total Liabilities $0 (2023)

Tax Filings by Year

Fiscal Year Ending June 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending June 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending June 2011

Revenue

$7.34k (2023)

Expenses

$142k (2023)

Total Assets

$1.37M (2023)

Total Liabilities

$0 (2023)

Fiscal Year Ending June
2023

Fiscal Year Ending June
2022

Fiscal Year Ending June
2021

Fiscal Year Ending June
2020

Fiscal Year Ending June
2019

Fiscal Year Ending June
2018

Fiscal Year Ending June
2017

Fiscal Year Ending June
2016

Fiscal Year Ending June
2015

Fiscal Year Ending June
2014

Fiscal Year Ending June
2013

Fiscal Year Ending June
2012

Fiscal Year Ending June
2011

Fiscal Year Ending June
2010

Fiscal Year Ending June
2009

Fiscal Year Ending June
2008

Fiscal Year Ending June
2007

Fiscal Year Ending June
2006

Fiscal Year Ending June
2005

Fiscal Year Ending June
2004

Fiscal Year Ending June
2003

Fiscal Year Ending June
2002