Marcus Foundation INC EIN 04-3101202 Form 990 (PDF) Claim this org

Marcus Foundation INC FY2022 filing

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Funds research to improve childhood brain tumor treatments. For fiscal year 2022 it reported $49K in revenue, $9K in expenses, and $564K in net assets.Pt I

Type
Public charity (501(c)(3)) · Diseases & Disorders
Location
Hopedale, MA
Website
www.marcus.foundation
Filings
6 on file (2020–2022)
Revenue
$49KFY2022
Expenses
$9K
Net assets
$564K
People
3
Filings
6
Updates
0
More identity details & actions ⌄
EIN  04-3101202 Public charity (501(c)(3)) Hopedale, MA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Funds research to improve childhood brain tumor treatments.
Leadership
Mark Niziak · President
Money in and out
$49K revenue, $9K expenses
Bottom line
37% program efficiency
Where the money goes · FY2022
Total revenue
$49K
Pt VIII · Ln 12
Total expenses
$9K
Pt IX · Ln 25
Net assets
$564K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $40K
Where spending went · Part IX cols B–D
Program services $0.37 Management & general $0.63
Program efficiency
37%
of spending reaches programs
Operating runway
731.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+81%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$49K
FY2022▼ -58%
Expenses
$9K
FY2022▼ -74%
Total assets
$564K
FY2022▼ -10%
Total liabilities
$0
FY2022
Total revenue
$49K
Pt VIII · Ln 12
Total expenses
$9K
Pt IX · Ln 25
Net assets
$564K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$40K
Total assetsPt X · Ln 16$564K
Program-expense ratioPt IX · col B37%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $3K of program spending, described in the organization's own filed words · FY2022.
01

The Foundation exists for the purpose of raising funding for research for childhood brain tumors. This is accomplished by organizing charity events and fundraising of public donations.

$3Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMarcus Foundation INC
EINHdr · item D04-3101202
Principal addressHdr · item CHopedale, MA
WebsiteHdr · item Jwww.marcus.foundation
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFDiseases & Disorders (G48Z)
Ruling yearIRS BMFJul 1991

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income$28K · 57%
Contributions & grants$19K · 39%
Other revenue$2K · 3%
Investment income57%$28K
Contributions & grants39%$19K
Other revenue3%$2K
Total revenueLn 12$49K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.37 Management & general $0.63
Program services37%$3K
Management & general63%$6K
Total functional expensesLn 25$9K

Balance Sheet

Part X · end of year
CashLn 1$36K
Total assetsLn 16$564K
Total liabilitiesLn 26$0
Total net assetsLn 32$564K
Months of cash on handcomputed46.0

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $564K · Operating expenses/yr $9K
731.0 months
Where the money goes
Program services
Program services $3K · Total expenses $9K
37%
Management & General
Management & general $6K · Total expenses $9K
63%
Fundraising
Fundraising $0 · Total expenses $9K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $45K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $19K · Total revenue $49K
39%
Government reliance
Government grants — · Total revenue $49K
Earned-income share
Program service revenue $0 · Total revenue $49K
0%
Investment reliance
Investment income $28K · Total revenue $49K
+57%
Program self-sufficiency
Program service revenue $0 · Total expenses $9K
0%
Growth & trend
Revenue growth (YoY)
This year $49K · Prior year $117K
-58%
Net-asset trend (YoY)
End of year $564K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $49K · Expenses $9K
+81%
Liabilities-to-Assets
Total liabilities — · Total assets $564K
Net-asset ratio
Net assets $564K · Total assets $564K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $529K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $564K
94%
People & payroll
Highest Reported Total Compensation
Individual Mark Niziak · Reported title President · Highest reported compensation $0 · Total expenses $9K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $9K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 37%
Overhead ratio 63%
Fundraising cost ratio 0%
Revenue growth -58%
Investment management fee ratio 1.0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$5K
Grants paid · 5 grants · $170K · 2021–2025
William Curry Research FundFY2021$20,000
Mark S Niziak JR Marcus Fund for FamiliesFY2021$10,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$105K revenue · ⤓ 990 PDF
FY2024$93K revenue · ⤓ 990 PDF
FY2023$72K revenue · ⤓ 990 PDF
FY2022$49K revenue · viewing · ⤓ 990 PDF
FY2021$117K revenue · ⤓ 990 PDF
FY2020$52K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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