Mongini Irrevocable Charitable Trust #2 FY2023 filing

Flagstaff, AZMutual-benefit / member-servingSince 2001 EIN 86-6312724

On file with the IRS650 E Mt Elden Lookout Rd, 86001-0047 · Flagstaff, AZTax-exempt since 0000

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Financial support to catholic charities

Mission: Form 990 Part I, line 1

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 4
filings with a surplus
Average surplus $100K a year · 95% of revenue · last 4 filings
Worth a look: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
801 mo
of spending, in cash
Looks good: 801.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 2 voting members
Concern: none of 2 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$0
-100% vs prior year
Spent
$771
To programs
0%
Net assets
$61K
By yearFY2020–FY2025
Revenue
$0
FY2023▼ -100%
Tap a bar for its year
Revenue by fiscal year
FY2020$4
FY2021$3
FY2022$411K
FY2023$0
FY2024$0
FY2025$7K
Expenses
$771
FY2023▼ -22%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022$993
FY2023$771
FY2024$747
FY2025$17K
Net assets
$61K
FY2023▼ -1%
Tap a bar for its year
Net assets by fiscal year
FY2020$28K
FY2021$27K
FY2022$62K
FY2023$61K
FY2024$60K
FY2025$50K

From the FY2023 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in 0000.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Management & general 100% · $771

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
See Mongini Irrevocable Charitable Trust #2 executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides financial aid to Catholic Charities.

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Provided by the organization

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2 programs · in their own filed words · FY2023
01

Flagstaff family food center, a recipient of not only catholic charities but public charity as well - no charitable donation in 2022 but planned for 2023

Pt IX · col B
02

Catholic community foundation that supports many different catholic charities-

Pt IX · col B

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$0
Ln 12
Money outPt IX
$771
Ln 25
Managementcol C$771
Owns and owesPt X
$61K
net assets · Ln 32
Cash and savingsLn 1–2$51K
Total assetsLn 16$63K
LiabilitiesLn 26$2K
PeoplePt VI, VII
1
listed · VII A
PaidVII A0
Voting boardVI 1a2
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Total revenueLn 12$0
Assets in detailPt X, end of year
SavingsLn 2$51K
Cash and savings togetherLn 1–2$51K
Other assetsLn 15$12K
Total assetsLn 16$63K
LiabilitiesLn 26$2K
Net assetsLn 32$61K
OperationsPt I, VI
EmployeesI 50
VolunteersI 62
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$52K$51K
Total assetsLn 16$64K$63K
LiabilitiesLn 26$2K$2K
Net assetsLn 32$62K$61K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$628$0$628$0
Other expenses (24a–d)Ln 24$143$0$143$0
Total functional expensesLn 25$771$0$771$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $7K$17K−$10K$50K 990 PDF
FY2024 $0$747−$747$60K 990 PDF
FY2023 Viewing $0$771−$771$61K 990 PDF
FY2022 $411K$993$410K$62K 990 PDF
FY2021 $3$27K 990 PDF
FY2020 $4$28K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $0 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $410,749$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $3$0
I-11 Other revenuePrior year $15$0
I-12 Total revenuePrior year $410,767$0
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $993$771
I-18 Total expensesPrior year $993$771
I-19 Revenue less expensesPrior year $409,774−$771
Part VI · Governance 0 of 2 board members independent, 3 to look at
VI-1a Voting members of the governing body2
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $0 across 1 lines filed
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
Part IX · Statement of functional expenses $771 across 2 lines filed
IX-11c Accounting feesPrograms $0 · Management $628 · Fundraising $0$628
IX-24 Other expenses (24a–d)Programs $0 · Management $143 · Fundraising $0$143
IX-25 Total functional expensesPrograms $0 · Management $771 · Fundraising $0$771
Part X · Balance sheet $63,391 assets, 7 lines filed
X-2 Savings and temporary cash investmentsStart of year $52,121$51,493
X-15 Other assetsStart of year $11,985$11,898
X-16 Total assetsStart of year $64,106$63,391
X-25 Other liabilitiesStart of year $2,161$2,217
X-26 Total liabilitiesStart of year $2,161$2,217
X-32 Total net assets or fund balancesStart of year $61,945$61,174
X-33 Total liabilities and net assetsStart of year $64,106$63,391
Part XI · Reconciliation of net assets $61,174 net assets at year end
XI-1 Total revenue$0
XI-2 Total expenses$771
XI-3 Revenue less expenses−$771
XI-4 Net assets at start of year$61,945
XI-10 Net assets at end of year$61,174

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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