Bacot McCarty Foundation FY2020 filing

Tax-deductible

Pascagoula, MS501(c)(3)EIN 64-0620054Revenue $1.0M in FY2020

On file with the IRSbacotmccarty.org1502 Jackson Ave, 39567-4351 · Pascagoula, MSTax-exempt since Feb 1979Publicly supported charity — 170(b)(1)(A)(vi)

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The foundation's primary mission is to increase philanthropy by making grants to worthy causes with a continued focus on youth, education and the cultural arts, providing donor services; while promoting and providing leadership in response to the gulf coast region's changing needs.

501(c)(3) charity; gifts are tax-deductible.
82¢ 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

FY2020 · 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
3 of 6
filings with a surplus
Average surplus $389K a year · 35% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
82%
of spending
Looks good: 82% 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 · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
22 mo
of spending, in cash
Looks good: 22.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $2K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$41K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.0M
Spent
$520K
To programs
82%
Net assets
$1.3M
By yearFY2020–FY2025
Revenue
$1.0M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.0M
FY2021$977K
FY2022$440K
FY2023$616K
FY2024$583K
FY2025$3.0M
Expenses
$520K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$520K
FY2021$794K
FY2022$804K
FY2023$813K
FY2024$809K
FY2025$572K
Net assets
$1.3M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.3M
FY2021$1.4M
FY2022$1.1M
FY2023$879K
FY2024$653K
FY2025$3.1M

From the FY2020 Form 990 (year ending October 2020) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1979.

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

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $425K Management & general 11% · $57K Fundraising 7% · $39K

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

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Who runs it and what they're paid

22 people listed on the 990; $96K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Exec. Director
$96,250Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Past Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A

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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Todd Trenchard$87,166$60,000$96,042$92,083$93,750$96,250

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 Bacot McCarty Foundation executive salaries →

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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

Grants worthy causes, focusing on youth, education, and arts, while serving donors and leading Gulf Coast change.

Questions for Bacot McCarty Foundation

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Provided by the organization

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1 program · $425K · in their own filed words · FY2019
01

The Foundation's primary mission is to increase philanthropy by making grants to worthy causes with a continued focus on youth, education and the cultural arts, providing donor services; while promoting and providing leadership in response to the Gulf Coast Region's changing needs.

$425Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$2K
Grants paid · 81 grants · $2.4M · 2020–2024
Various Charitable Orgianzations and Other EntitiesFY2024$287,050
Home of GraceFY2024$15,000
Duchess ClubFY2024$13,000
Rotary Club of GulfportFY2024$10,288
Pascagoula Rotary ClubFY2024$10,171
Dream ProgramFY2024$8,500
Individual RecipientFY2024$8,200
Kiwanis ClubAR · FY2024$7,500
Various Charitable Orgianzations and Other EntitiesFY2023$240,235
Home of GraceFY2023$83,500
Community Care NetworkFY2023$50,000
Resurrection Catholic SchoolsFY2023$37,500
Boys and Girls ClubFY2023$30,000
Catholic Charioty of South MsFY2023$25,000
Rotary ClubPA · FY2023$24,560
Individual RecipientFY2023$12,562
Individual RecipientFY2023$12,000
See all 81 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.0M
Ln 12
Gifts and grantsLn 1h$873K
Other incomeLn 4–11$128K
Investment incomeLn 3$12K
Money outPt IX
$520K
Ln 25
Programscol B$425K
Managementcol C$57K
Fundraisingcol D$39K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$957K
Total assetsLn 16$1.3M
LiabilitiesLn 26$41K
PeoplePt VI, VII
22
listed · VII A
PaidVII A1
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$873K
Noncash giftsLn 1g$18K
Investment incomeLn 3$12K
Other incomeLn 4–11$128K
Total revenueLn 12$1.0M
Assets in detailPt X, end of year
CashLn 1$503K
SavingsLn 2$454K
Cash and savings togetherLn 1–2$957K
InvestmentsLn 11–13$319K
Land, buildings, equipmentLn 10c$22K
Total assetsLn 16$1.3M
LiabilitiesLn 26$41K
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 53
VolunteersI 60
Fiscal year endsHeaderOctober
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 FY20End FY20
Cash and savingsLn 1–2$386K$957K
InvestmentsLn 11–13$359K$319K
Land, buildings, equipmentLn 10c$22K$22K
Total assetsLn 16$768K$1.3M
LiabilitiesLn 26$5K$41K
Net assetsLn 32$764K$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$323K$323K
Pay of current officers, directors and key staffLn 5$96K$58K$19K$19K
Other salaries and wagesLn 7$19K$11K$4K$4K
Other employee benefitsLn 9$13K$8K$3K$3K
Payroll taxesLn 10$7K$4K$1K$1K
Accounting feesLn 11c$8K$8K
Investment management feesLn 11f$5K$5K
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$4K$755$3K
OccupancyLn 16$28K$16K$9K$3K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$10K$4K$2K$5K
All other expensesLn 24e$426$426
Total functional expensesLn 25$520K$425K$57K$39K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.0M$572K$2.4M$3.1M 990 PDF
FY2024 $583K$809K−$226K$653K 990 PDF
FY2023 $616K$813K−$197K$879K 990 PDF
FY2022 $440K$804K−$364K$1.1M 990 PDF
FY2021 $977K$794K$183K$1.4M 990 PDF
FY2020 Viewing $1.0M$520K$493K$1.3M 990 PDF

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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 FY2020 990 (6 parts)
Part I · Summary $1,012,809 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $486,581$873,246
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $34,806$11,671
I-11 Other revenuePrior year $130,355$127,892
I-12 Total revenuePrior year $651,742$1,012,809
I-13 Grants and similar amounts paidPrior year $244,441$322,801
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $116,698$135,205
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $58,183$61,950
I-18 Total expensesPrior year $419,322$519,956
I-19 Revenue less expensesPrior year $232,420$492,853
Part VI · Governance 18 of 18 board members independent, 4 to look at
VI-1a Voting members of the governing body18
VI-1b Independent voting members18
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $1,012,809 across 7 lines filed
VIII-1f All other contributions, gifts and grants$873,246
VIII-1g Noncash contributions (included above)$18,000
VIII-1h Total contributions, gifts and grants$873,246
VIII-3 Investment incomeRelated to mission $11,671$11,671
VIII-8 Net income from fundraising eventsExcluded from tax $120,905$120,905
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $6,987$6,987
VIII-12 Total revenueRelated to mission $18,658 · Unrelated business $0 · Excluded from tax $120,905$1,012,809
Part IX · Statement of functional expenses $519,956 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $322,801$322,801
IX-5 Pay of current officers, directors and key staffPrograms $57,750 · Management $19,250 · Fundraising $19,250$96,250
IX-7 Other salaries and wagesPrograms $11,330 · Management $3,776 · Fundraising $3,776$18,882
IX-9 Other employee benefitsPrograms $7,670 · Management $2,556 · Fundraising $2,557$12,783
IX-10 Payroll taxesPrograms $4,373 · Management $1,459 · Fundraising $1,458$7,290
IX-11c Accounting feesManagement $8,400$8,400
IX-11f Investment management feesManagement $5,294$5,294
IX-12 Advertising and promotionFundraising $3,940$3,940
IX-13 Office expensesPrograms $755 · Management $3,020$3,775
IX-16 OccupancyPrograms $16,287 · Management $8,869 · Fundraising $3,117$28,273
IX-23 InsuranceManagement $1,733$1,733
IX-24 Other expenses (24a–d)Programs $3,554 · Management $2,045 · Fundraising $4,510$10,109
IX-24e All other expensesManagement $426$426
IX-25 Total functional expensesPrograms $424,520 · Management $56,828 · Fundraising $38,608$519,956
Part X · Balance sheet $1,297,884 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $11,333$502,765
X-2 Savings and temporary cash investmentsStart of year $374,991$454,437
X-10c Land, buildings and equipment, netStart of year $22,000$22,000
X-12 Other securitiesStart of year $359,232$318,682
X-16 Total assetsStart of year $768,443$1,297,884
X-17 Accounts payable and accrued expensesStart of year $4,653$4,221
X-18 Grants payable$16,100
X-24 Unsecured notes and loans payable$20,920
X-26 Total liabilitiesStart of year $4,653$41,241
X-27 Net assets without donor restrictionsStart of year $432,996$361,055
X-28 Net assets with donor restrictionsStart of year $330,794$895,588
X-32 Total net assets or fund balancesStart of year $763,790$1,256,643
X-33 Total liabilities and net assetsStart of year $768,443$1,297,884
Part XI · Reconciliation of net assets $1,256,643 net assets at year end
XI-1 Total revenue$1,012,809
XI-2 Total expenses$519,956
XI-3 Revenue less expenses$492,853
XI-4 Net assets at start of year$763,790
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,256,643

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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