Advancing Macomb Foundation INC FY2024 filing

Tax-deductible

Mount Clemens, MI501(c)(3)Since 2014Foundations & GrantmakersEIN 46-2344176

This page gets seen. Tell your story. Claim this org.

Advancing Macombs mission is to strengthen Macomb County, Michigan, by connecting community challenges with high-impact solutions.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
$96K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
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
4 of 6
filings with a surplus
Average surplus $200K a year · 32% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
75%
of spending
Looks good: 75% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$96K
to officers and key staff · 24% of spending
Worth a look: pay to officers and key staff is 24% of spending; over 20%.
Pt VII · Sec A
Cash reserves
36 mo
of spending, in cash
Looks good: 35.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$47K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
23
of 24 voting members
Looks good: 23 of 24 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$891K
-36% vs prior year
Spent
$400K
To programs
75%
Net assets
$1.6M
By yearFY2020–FY2025
Revenue
$891K
FY2024▼ -36%
Revenue by fiscal year
FY2020$268K
FY2021$389K
FY2022$208K
FY2023$1.4M
FY2024$891K
FY2025$600K
Expenses
$400K
FY2024▲ +19%
Expenses by fiscal year
FY2020$192K
FY2021$350K
FY2022$403K
FY2023$337K
FY2024$400K
FY2025$860K
Net assets
$1.6M
FY2024▲ +34%
Net assets by fiscal year
FY2020$246K
FY2021$318K
FY2022$147K
FY2023$1.2M
FY2024$1.6M
FY2025$1.3M

From the FY2024 Form 990 · see the original

Give Claim
You’re viewing the FY2024 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 Jul 2014.

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

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $301K Management & general 13% · $54K Fundraising 11% · $45K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

1 person listed on the 990; $96K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$95,500Pt VII · Sec A

Phil Gilchrist’s $91K as Executive Director is at the 81st percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking 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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2021FY2020
Diane Banks——$100,000$83,962$75,000
Bphil Gilchrist—$95,500———
Phil Gilchrist$91,123————

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.

See Advancing Macomb Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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

Connects community challenges with high-impact solutions to strengthen Macomb County.

Provided by the organization

This section is blank until Advancing Macomb Foundation INC claims this page.

Know this organization? Claim it to add your story

1 program service account for $301K of program spending, described in the organization's own filed words · FY2024.
01

Advancing Macomb Focused on Empowering Community Groups in Mount Clemens, The County Seat, To Find Innovative Solutions to Change the Narrative of the city and improve quality of life. The Challenges brought on by COVID-19 also Amplified the need for support for the non-profit sector and the rapid deployment of resources throughout the…

$301Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$25K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$891K
Ln 12
Gifts and grantsLn 1h$879K
Investment incomeLn 3$11K
Money outPt IX
$400K
Ln 25
Programscol B$301K
Managementcol C$54K
Fundraisingcol D$45K
Owns and owesPt X
$1.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$1.7M
LiabilitiesLn 26$47K
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a24
IndependentVI 1b23
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$879K
Investment incomeLn 3$11K
Total revenueLn 12$891K
Assets in detailPt X, end of year
CashLn 1$1.2M
Cash and savings togetherLn 1–2$1.2M
Total assetsLn 16$1.7M
LiabilitiesLn 26$47K
Net assetsLn 32$1.6M
OperationsPt I, VI
EmployeesI 53
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$637K$1.2M
Total assetsLn 16$1.3M$1.7M
LiabilitiesLn 26$80K$47K
Net assetsLn 32$1.2M$1.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$170K$119K$17K$34K
Payroll taxesLn 10$9K$6K$928$2K
Legal feesLn 11b$34K$34K
Advertising and promotionLn 12$33K$33K
InsuranceLn 23$1K$1K
All other expensesLn 24e$153K$142K$1K$9K
Total functional expensesLn 25$400K$301K$54K$45K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $600K$860K−$261K$1.3M 990 PDF
FY2024 Viewing $891K$400K$491K$1.6M 990 PDF
FY2023 $1.4M$337K$1.0M$1.2M 990 PDF
FY2022 $208K$403K−$195K$147K 990 PDF
FY2021 $389K$350K$39K$318K 990 PDF
FY2020 $268K$192K$75K$246K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $890,614 across 5 lines filed
VIII-1f All other contributions, gifts and grants$879,451
VIII-1h Total contributions, gifts and grants$879,451
VIII-3 Investment incomeRelated to mission $11,163$11,163
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $11,163 · Unrelated business $0 · Excluded from tax $0$890,614
Part IX · Statement of functional expenses $399,651 across 6 lines filed
IX-7 Other salaries and wagesPrograms $118,752 · Management $16,965 · Fundraising $33,929$169,646
IX-10 Payroll taxesPrograms $6,494 · Management $928 · Fundraising $1,855$9,277
IX-11b Legal feesManagement $33,545$33,545
IX-12 Advertising and promotionPrograms $33,296$33,296
IX-23 InsuranceManagement $1,298$1,298
IX-24e All other expensesPrograms $141,989 · Management $1,190 · Fundraising $9,410$152,589
IX-25 Total functional expensesPrograms $300,531 · Management $53,926 · Fundraising $45,194$399,651
Part X · Balance sheet $1,651,194 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $637,317$1,181,314
X-4 Accounts receivableStart of year $542,570$467,570
X-9 Prepaid expenses and deferred charges$2,310
X-16 Total assetsStart of year $1,277,378$1,651,194
X-17 Accounts payable and accrued expensesStart of year $80,406$46,792
X-26 Total liabilitiesStart of year $80,406$46,792
X-27 Net assets without donor restrictionsStart of year $149,213$113,971
X-28 Net assets with donor restrictionsStart of year $1,047,759$1,490,431
X-32 Total net assets or fund balancesStart of year $1,196,972$1,604,402
X-33 Total liabilities and net assetsStart of year $1,277,378$1,651,194
Part XI · Reconciliation of net assets $1,604,402 net assets at year end
XI-1 Total revenue$890,614
XI-2 Total expenses$399,651
XI-3 Revenue less expenses$490,963
XI-4 Net assets at start of year$1,196,972
XI-8 Prior period adjustments−$83,533
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,604,402

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.