The Marc Foundation FY2020 filing

Tax-deductible

Mesa, AZ501(c)(3)Since 1988Human ServicesEIN 86-0604565

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501(c)(3) charity; gifts are tax-deductible.
40¢ of each $1 spent went to programs.
Status: IRS Pub. 78 · Programs: Part IX

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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $219K a year · 69% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
40%
of spending
Concern: 40% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
32 mo
of spending, in cash
Looks good: 32.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $46K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.0M
105% of total assets
Concern: liabilities are 105% of assets; over 80%.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$214K
Spent
$235K
To programs
40%
Net assets
−$49K
By yearFY2020–FY2024
Revenue
$214K
FY2020
Revenue by fiscal year
FY2020$214K
FY2021$194K
FY2022$377K
FY2023$479K
FY2024$328K
FY2024$79K
Expenses
$235K
FY2020
Expenses by fiscal year
FY2020$235K
FY2021$61K
FY2022$45K
FY2023$146K
FY2024$9K
FY2024$6K
Net assets
−$49K
FY2020
Net assets by fiscal year
FY2020−$49K
FY2021$88K
FY2022$369K
FY2023$702K
FY2024$1.0M
FY2024$1.1M

From the FY2020 Form 990 (year ending September 2020) · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1996.

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

Where the money goes

40 cents of each dollar spent went to programs.

Program services 40% · $94K Management & general 32% · $75K Fundraising 28% · $66K

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

16 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Chief Development Officer
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Vice Chair / Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Immediate Past Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
See The Marc 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

Facilitates planned giving for individuals with disabilities.

Provided by the organization

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1 program · $94K · in their own filed words · FY2019
01

The Marc Foundation raises and invests donations for the benefit of individuals with disabilities, primarily those served in programs run by Marc Community Resources.

$94Kprogram 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 · FY2024
Total grants receivedfrom 1 funder$46K
Grants paid · 1 grant · $62K · 2022–2022
Marc Community Resources INCAZ · FY2022$62,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$214K
Ln 12
Gifts and grantsLn 1h$230K
Investment incomeLn 3$163
Money outPt IX
$235K
Ln 25
Programscol B$94K
Managementcol C$75K
Fundraisingcol D$66K
Owns and owesPt X
−$49K
net assets · Ln 32
Cash and savingsLn 1–2$625K
Total assetsLn 16$967K
LiabilitiesLn 26$1.0M
PeoplePt VI, VII
16
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$230K
Noncash giftsLn 1g$6K
Fundraising eventsLn 1c$86K
Investment incomeLn 3$163
Gains on assetsLn 7$89
Total revenueLn 12$214K
Assets in detailPt X, end of year
CashLn 1$440K
SavingsLn 2$186K
Cash and savings togetherLn 1–2$625K
InvestmentsLn 11–13$35K
Total assetsLn 16$967K
LiabilitiesLn 26$1.0M
Net assetsLn 32−$49K
OperationsPt I, VI
EmployeesI 50
VolunteersI 611
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$599K$625K
InvestmentsLn 11–13$33K$35K
Total assetsLn 16$716K$967K
LiabilitiesLn 26$748K$1.0M
Net assetsLn 32−$32K−$49K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$3K$3K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$69K$69K
Legal feesLn 11b$0
Accounting feesLn 11c$2K$2K
Lobbying feesLn 11d$0
Investment management feesLn 11f$425$425
Other fees for servicesLn 11g$28K$26K$3K
Advertising and promotionLn 12$0
Office expensesLn 13$6K$2K$4K$211
Information technologyLn 14$4K$3K$371
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$2K$2K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$86$86
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$121K$58K$63K
All other expensesLn 24e$0
Total functional expensesLn 25$235K$94K$75K$66K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $328K$9K$319K$1.0M 990 PDF
FY2023 $479K$146K$333K$702K 990 PDF
FY2022 $377K$45K$332K$369K 990 PDF
FY2021 $194K$61K$133K$88K 990 PDF
FY2020 Viewing $214K$235K−$21K−$49K 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 (5 parts)
Part I · Summary $213,833 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $235,029$229,696
I-9 Program service revenue$0
I-10 Investment incomePrior year $3,503$163
I-11 Other revenuePrior year $758−$16,026
I-12 Total revenuePrior year $239,290$213,833
I-13 Grants and similar amounts paidPrior year $62,744$3,174
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $163,991$231,614
I-18 Total expensesPrior year $226,735$234,788
I-19 Revenue less expensesPrior year $12,555−$20,955
Part VIII · Statement of revenue $213,833 across 9 lines filed
Lines not itemized here account for $8,099 of total revenue; see the IRS return.
VIII-1c Fundraising events$85,697
VIII-1d Related organizations$2,500
VIII-1f All other contributions, gifts and grants$141,499
VIII-1g Noncash contributions (included above)$6,395
VIII-1h Total contributions, gifts and grants$229,696
VIII-3 Investment incomeExcluded from tax $74$74
VIII-7 Net gain or loss on sales of assetsExcluded from tax $89$89
VIII-8 Net income from fundraising eventsExcluded from tax −$24,125−$24,125
VIII-12 Total revenueExcluded from tax −$15,863$213,833
Part IX · Statement of functional expenses $234,788 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $3,174$3,174
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management feesManagement $68,800$68,800
IX-11b Legal fees$0
IX-11c Accounting feesManagement $2,325$2,325
IX-11d Lobbying fees$0
IX-11f Investment management feesManagement $425$425
IX-11g Other fees for servicesPrograms $25,543 · Fundraising $2,838$28,381
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $1,901 · Management $3,536 · Fundraising $211$5,648
IX-14 Information technologyPrograms $3,341 · Fundraising $371$3,712
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $1,631$1,631
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $86$86
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $58,091 · Fundraising $62,515$120,606
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $93,767 · Management $75,086 · Fundraising $65,935$234,788
Part X · Balance sheet $967,130 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $414,067$439,597
X-2 Savings and temporary cash investmentsStart of year $185,374$185,871
X-4 Accounts receivableStart of year $82,203$299,239
X-9 Prepaid expenses and deferred chargesStart of year $1,822$7,193
X-11 Publicly traded securitiesStart of year $32,822$35,230
X-16 Total assetsStart of year $716,288$967,130
X-25 Other liabilitiesStart of year $727,695$1,015,710
X-26 Total liabilitiesStart of year $747,895$1,015,710
X-27 Net assets without donor restrictionsStart of year −$122,218−$139,191
X-28 Net assets with donor restrictionsStart of year $90,611$90,611
X-32 Total net assets or fund balancesStart of year −$31,607−$48,580
X-33 Total liabilities and net assetsStart of year $716,288$967,130
Part XI · Reconciliation of net assets −$48,580 net assets at year end
XI-1 Total revenue$213,833
XI-2 Total expenses$234,788
XI-3 Revenue less expenses−$20,955
XI-4 Net assets at start of year−$31,607
XI-5 Net unrealized gains (losses) on investments$3,982
XI-10 Net assets at end of year−$48,580

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

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