Mz Foundation EIN 20-4468327 Form 990 (PDF) Claim this org

Mz Foundation

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Raises funds and distributes them for educational purposes. For fiscal year 2025 it reported $135K in revenue, $288K in expenses, and $632K in net assets.Pt I

Founded
2006
Type
Public charity (501(c)(3)) · Education
Location
San Antonio, TX
Website
www.mzfoundation.com
Filings
6 on file (2020–2025)
Revenue
$135KFY2025
Expenses
$288K
Net assets
$632K
People
4
Filings
6
Updates
0
More identity details & actions ⌄
EIN  20-4468327 Public charity (501(c)(3)) San Antonio, TX Founded 2006
Form 990 (PDF)
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Size
$100K–1M
What they do
Raises funds and distributes them for educational purposes.
Leadership
David McArthur · Executive Director · $175K
Money in and out
$135K revenue, $288K expenses
Bottom line
95% program efficiency
Where the money goes · FY2025
Total revenue
$135K
Pt VIII · Ln 12
Total expenses
$288K
Pt IX · Ln 25
Net assets
$632K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$153K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.05
Program efficiency
95%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
40.8mo
months of highly liquid reserves at operating expense rate▲ +29% vs prior filing year
Surplus margin
-114%
revenue over expenses, this year▲ +72% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$135K
FY2025▲ +86%
Expenses
$288K
FY2025▼ -21%
Total assets
$980K
FY2025▲ +1%
Total liabilities
$347K
FY2025▲ +104%
Total revenue
$135K
Pt VIII · Ln 12
Total expenses
$288K
Pt IX · Ln 25
Net assets
$632K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$153K
Total assetsPt X · Ln 16$980K
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMz Foundation
EINHdr · item D20-4468327
Principal addressHdr · item CSan Antonio, TX
WebsiteHdr · item Jwww.mzfoundation.com
Year of formationHdr · item L2006
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B82)
Ruling yearIRS BMFAug 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$174,845Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A

David McArthur’s $175K as Executive Director is at the 97th percentile of top reported officer pay among 1612 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023
David McArthur$174,845$254,189$31,920

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $274K of program spending, described in the organization's own filed words · FY2025.
01

Educational scholarships awarded to students based on financial need and performance and to other charitable organizations.

$274Kprogram expense

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Statement of Revenue

Part VIII
Investment income$70K · 52%
Other revenue$61K · 45%
Contributions & grants$4K · 3%
Investment income52%$70K
Other revenue45%$61K
Contributions & grants3%$4K
Total revenueLn 12$135K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.05
Program services95%$274K
Management & general5%$14K
Total functional expensesLn 25$288K

Balance Sheet

Part X · end of year
CashLn 1$57K
Total assetsLn 16$980K
Total liabilitiesLn 26$347K
Total net assetsLn 32$632K
Months of cash on handcomputed2.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $980K · Operating expenses/yr $288K
40.8 months
Where the money goes
Program services
Program services $274K · Total expenses $288K
95%
Management & General
Management & general $14K · Total expenses $288K
5%
Fundraising
Fundraising $0 · Total expenses $288K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $14K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $4K · Total revenue $135K
3%
Government reliance
Government grants — · Total revenue $135K
Earned-income share
Program service revenue $0 · Total revenue $135K
0%
Investment reliance
Investment income $70K · Total revenue $135K
+52%
Program self-sufficiency
Program service revenue $0 · Total expenses $288K
0%
Growth & trend
Revenue growth (YoY)
This year $135K · Prior year $72K
+86%
Revenue CAGR
FY2020 $125K · FY2025 $135K
+2%
Net-asset trend (YoY)
End of year $632K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $135K · Expenses $288K
-114%
Liabilities-to-Assets
Total liabilities — · Total assets $980K
Net-asset ratio
Net assets $632K · Total assets $980K
65%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $923K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $980K
94%
People & payroll
Highest Reported Total Compensation
Individual David McArthur · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $175K · Total expenses $288K
61%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $175K · Total expenses $288K
61%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 5%
Revenue growth 86%

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 · this organization's grantmaking
Grants paid · 24 grants · $834K · 2020–2025
Unitemized GrantFY2025$37,000
Unitemized GrantFY2025$35,500
Unitemized GrantFY2024$35,415
Unitemized GrantFY2024$26,000
Unitemized GrantFY2023$59,000
Unitemized GrantFY2023$53,500
Unitemized GrantFY2022$65,500
Unitemized GrantFY2022$19,800
Houston Childrens Chorus INCTX · FY2022$10,000
Unitemized GrantFY2021$100,730
Unitemized GrantFY2021$28,800
Driscoll Children's HospitalTX · FY2021$15,000
Unitemized GrantFY2020$141,477
Unitemized GrantFY2020$68,500
See all 24 grants →

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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)$135K revenue · viewing · ⤓ 990 PDF
FY2024$72K revenue · ⤓ 990 PDF
FY2023$104K revenue · ⤓ 990 PDF
FY2022$59K revenue · ⤓ 990 PDF
FY2021$432K revenue · ⤓ 990 PDF
FY2020$125K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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