Romy Coronacion, Metro Infanta Foundation auditor, reported that the IRS accepted the MIF tax return August 2. 2022. Below is a summary of the report. Income Total Revenues: $80,374 Balance Forwarded: $20,619 TOTAL AVAILABLE FUNDS: $101,089 Expenses: Grants: $74,370 Administrative: $6,524 (This expense includes the publication of the Silver Jubilee Journal of Metro Infanta Foundation.)…
We’re still in good standing with IRS! Our auditor, Romy Coronacion, completed our tax return for FY 2020-2021 and sent it to IRS yesterday! Thank you, Romy, for filing this fiscal year’s tax return and all tax returns the last 25 years! We are eternally grateful! Revenues: $62,083 Expenses: $53,132 Grants: $47,620 Other expenses: $5,512 Total:…
The Foundation‘s IRS & Finance Report FY18-19 shows that Metro Infanta Foundation has enough donations to distribute grants. This year’s collection included donations for the first Asian Pacific Stewardship Conference in the Philippines, in cooperation with the International Catholic Stewardship Council and Socio Pastoral Institute. As usual since FY 1996-1997, Auditor Romy Coronacion submitted the IRS…