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Mylan Park Foundation

Morgantown, WV · EIN 55-0765182 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Mylan Park Foundation reported $25.5 million in revenue and $8.2 million in expenses for calendar year 2024. Of every $100 it spent, $82.58 went to program services, $14.26 to management and general costs and $3.16 to fundraising. Its largest source of revenue was contributions and grants: 79.7% of the total. Government grants made up 23.4%. The highest compensation it reported for one person was $63,322 (DIRECTOR OF). Revenue rose 481% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $8.2M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $26M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,499 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
82.6%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
14.3%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
3.2%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
79.7%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
23.4%1.1%
Program service revenue share
Part VIII 2g ÷ 12
17.3%69.9%
Highest reported compensation
Part VII-A, columns D–F
$63,322$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.77%1.28%
People paid over $100,000
Part VII, line 2
Not reported8
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
64.013.3
Independent voting board members
Part VI 1a–1b
28 of 28100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$6.8M expenses · 100.0% of program spending

The operation, management, and maintenance of a multi-purpose recreational complex to serve the students of monongalia county schools and the communities of the greater morgantown area

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
DIRECTOR OF
Officer, 40.00 hrs/week
$63,322$0$0$63,322
EXECUTIVE DI
Officer
$31,941$0$0$31,941

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M201920202021202220232024$26M$8.2M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$26M$8.2M82.6%$44M$63,322
2023 ⓘ$4.6M$7.8M83.8%$27M$59,056
2022 ⓘ$4.9M$7.5M84.9%$30M$81,600
2021 ⓘ$4.9M$6.9M79.6%$32M$80,000
2020 ⓘ$10M$6.4M78.9%$35M$11,385
2019 ⓘ$4.4M$2.6M83.8%$30M—

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b28 · 28 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 537

Private foundation grants it received

3 private foundations reported grants to Mylan Park Foundation totaling $65,000 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Mylan Park Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Mylan Park Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in West Virginia

Questions people ask

How much of Mylan Park Foundation's spending goes to programs?

In calendar year 2024, Mylan Park Foundation reported that 82.6% of its $8.2 million in expenses went to program services, 14.3% to management and general and 3.2% to fundraising (Form 990, Part IX).

How much does Mylan Park Foundation pay its top executive?

The largest total compensation Mylan Park Foundation reported for one person in calendar year 2024 was $63,322, for the role of DIRECTOR OF (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Mylan Park Foundation get its money?

Of $25.5 million in revenue in calendar year 2024, 79.7% came from contributions and grants (including 23.4% from government grants) and 17.3% from program service revenue (Form 990, Part VIII).

Is Mylan Park Foundation a registered charity?

The IRS lists EIN 55-0765182 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503219349310335 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443209349314619 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202333199349303023 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213189349311701 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133239349300843 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202100139349300605 · read the filing

All filings for EIN 55-0765182: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.