McCf INC EIN 81-0691618

McCf INC FY2020 filing

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Builds permanent charitable resources to fund grants and scholarships improving Mason County, WV. For fiscal year 2020 it reported $742K in revenue, $662K in expenses, and $6.1M in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Ripley, WV
Website
mccfinc.org
Filings
5 on file (2020–2020)
Revenue
$742KFY2020
Expenses
$662K
Net assets
$6.1M
People
14
Filings
5
Updates
0
More identity details & actions ⌄
EIN  81-0691618 Public foundation / grantmaker Ripley, WV
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Builds permanent charitable resources to fund grants and scholarships improving Mason County, WV.
Leadership
Suzanne Dickens · Board Member
Money in and out
$742K revenue, $662K expenses
Bottom line
92% program efficiency
Grants paid & assets · FY2020
Total revenue
$742K
Pt VIII · Ln 12
Total expenses
$662K
Pt IX · Ln 25
Net assets
$6.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $80K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.06 Fundraising $0.02
Program efficiency
92%
of spending reaches programs
Operating runway
112.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+11%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$742K
FY2020
Expenses
$662K
FY2020
Total assets
$6.2M
FY2020
Total liabilities
$105K
FY2020
Total revenue
$742K
Pt VIII · Ln 12
Total expenses
$662K
Pt IX · Ln 25
Net assets
$6.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$80K
Total assetsPt X · Ln 16$6.2M
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414
Mission & Programs · Part III

Where the work happens

1 program service account for $611K of program spending, described in the organization's own filed words · FY2020.
01

Community grants and scholarships via a competitive grant making and application process from the funds held by the foundation.

$611Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMcCf INC
EINHdr · item D81-0691618
Principal addressHdr · item CRipley, WV
WebsiteHdr · item Jmccfinc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWV
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T31)
Ruling yearIRS BMFJan 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income$611K · 82%
Contributions & grants$131K · 18%
Investment income82%$611K
Contributions & grants18%$131K
Total revenueLn 12$742K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.06 Fundraising $0.02
Program services92%$611K
Management & general6%$39K
Fundraising2%$12K
Total functional expensesLn 25$662K

Balance Sheet

Part X · end of year
CashLn 1$587K
Total assetsLn 16$6.2M
Total liabilitiesLn 26$105K
Total net assetsLn 32$6.1M
Months of cash on handcomputed10.6

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $6.2M · Operating expenses (Pt IX) $662K · Less non-cash grants $2K · Cash operating expenses/yr $660K
112.7 months
Where the money goes
Program services
Program services $611K · Total expenses $662K
92%
Management & General
Management & general $39K · Total expenses $662K
6%
Fundraising
Fundraising $12K · Total expenses $662K
2%
Cost to raise $1
Fundraising expense $12K · Solicited contributions $131K
$0.09 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $131K · Total revenue $742K
18%
Government reliance
Government grants — · Total revenue $742K
Earned-income share
Program service revenue $0 · Total revenue $742K
0%
Investment reliance
Investment income $611K · Total revenue $742K
+82%
Program self-sufficiency
Program service revenue $0 · Total expenses $662K
0%
Growth & trend
Revenue growth (YoY)
This year $742K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $6.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $742K · Expenses $662K
+11%
Liabilities-to-Assets
Total liabilities — · Total assets $6.2M
Net-asset ratio
Net assets $6.1M · Total assets $6.2M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $5.6M · Other securities (Pt X, ln 12) $28K · Total assets (Pt X, ln 16) $6.2M
91%
People & payroll
Highest Reported Total Compensation
Individual Suzanne Dickens · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $662K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $27K · Total expenses $662K
4%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 6%
Fundraising cost ratio 9%
Accounting fee ratio 3%

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$10K
Grants paid · 10 grants · $1.3M · 2020–2024
Multiple Grant RecipientsFY2024$77,446
Unitemized GrantFY2024$58,250
Unitemized GrantFY2023$58,500
Multiple Grant RecipientsFY2023$31,622
Multiple Grant RecipientsFY2022$321,083
Unitemized GrantFY2022$53,900
Multiple Grant RecipientsFY2021$67,985
Unitemized GrantFY2021$45,600
Multiple Grant RecipientsFY2020$555,120
Unitemized GrantFY2020$45,250

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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
FY2024 (Latest)$769K revenue · ⤓ 990 PDF
FY2023$828K revenue · ⤓ 990 PDF
FY2022$-842K revenue · ⤓ 990 PDF
FY2021$889K revenue · ⤓ 990 PDF
FY2020$742K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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