The Marc Foundation FY2022 filing

Tax-deductible

Mesa, AZ501(c)(3)Since 1988Human ServicesEIN 86-0604565Revenue $377K in FY2022

On file with the IRS924 N Country Club Dr, 85201-4108 · Mesa, AZTax-exempt since Jun 1996Supporting organization — 509(a)(3)

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2022 · 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
5 of 6
filings with a surplus
Average surplus $195K a year · 70% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
256 mo
of spending, in cash
Looks good: 255.8 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
$630K
63% of total assets
Fine: liabilities are 63% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
12
of 13 voting members
Looks good: 12 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
$377K
+94% vs prior year
Spent
$45K
To programs
0%
Net assets
$369K
By yearFY2020–FY2025
Revenue
$377K
FY2022▲ +94%
Tap a bar for its year
Revenue by fiscal year
FY2020$214K
FY2021$194K
FY2022$377K
FY2023$479K
FY2024$328K
FY2025$79K
Expenses
$45K
FY2022▼ -26%
Tap a bar for its year
Expenses by fiscal year
FY2020$235K
FY2021$61K
FY2022$45K
FY2023$146K
FY2024$9K
FY2025$6K
Net assets
$369K
FY2022▲ +322%
Tap a bar for its year
Net assets by fiscal year
FY2020−$49K
FY2021$88K
FY2022$369K
FY2023$702K
FY2024$1.0M
FY2025$1.1M

From the FY2022 Form 990 (year ending September 2022) · see the original

990 PDF Claim
You’re viewing the FY2022 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 Jun 1996.

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

Where the money goes

What each dollar paid for.

Management & general 1% · $610 Fundraising 99% · $44K

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 (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
$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
$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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Facilitates planned giving for individuals with disabilities.

Questions for The Marc Foundation

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Provided by the organization

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1 program · in their own filed words · FY2021
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. During the FY, we had a successful Gala event with 151 attendees and 20 volunteers bringing in over 300,000 in donations during the event as well as other support…

Pt IX · col B

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 FY2022 990, line by line.

1The main four
Money inPt VIII
$377K
Ln 12
Gifts and grantsLn 1h$436K
Investment incomeLn 3$3K
Money outPt IX
$45K
Ln 25
Managementcol C$610
Fundraisingcol D$44K
Owns and owesPt X
$369K
net assets · Ln 32
Cash and savingsLn 1–2$961K
Total assetsLn 16$999K
LiabilitiesLn 26$630K
PeoplePt VI, VII
16
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$436K
Noncash giftsLn 1g$17K
Fundraising eventsLn 1c$314K
Investment incomeLn 3$3K
Gains on assetsLn 7−$8K
Total revenueLn 12$377K
Assets in detailPt X, end of year
CashLn 1$809K
SavingsLn 2$152K
Cash and savings togetherLn 1–2$961K
InvestmentsLn 11–13$35K
Other assetsLn 15$2K
Total assetsLn 16$999K
LiabilitiesLn 26$630K
Net assetsLn 32$369K
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 FY22End FY22
Cash and savingsLn 1–2$638K$961K
InvestmentsLn 11–13$40K$35K
Total assetsLn 16$691K$999K
LiabilitiesLn 26$604K$630K
Net assetsLn 32$88K$369K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
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$32K$32K
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Investment management feesLn 11f$610$610
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$13K$13K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
All other expensesLn 24e$0
Total functional expensesLn 25$45K$0$610$44K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $79K$6K$73K$1.1M 990 PDF
FY2024 $328K$9K$319K$1.0M 990 PDF
FY2023 $479K$146K$333K$702K 990 PDF
FY2022 Viewing $377K$45K$332K$369K 990 PDF
FY2021 $194K$61K$133K$88K 990 PDF
FY2020 $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 FY2022 990 (6 parts)
Part I · Summary $376,672 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $188,475$436,218
I-9 Program service revenue$0
I-10 Investment incomePrior year $1,782−$5,151
I-11 Other revenuePrior year $3,600−$54,395
I-12 Total revenuePrior year $193,857$376,672
I-13 Grants and similar amounts paidPrior year $16,313$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $44,982$45,079
I-18 Total expensesPrior year $61,295$45,079
I-19 Revenue less expensesPrior year $132,562$331,593
Part VI · Governance 12 of 13 board members independent, 1 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $376,672 across 8 lines filed
Lines not itemized here account for $1,764 of total revenue; see the IRS return.
VIII-1c Fundraising events$313,710
VIII-1f All other contributions, gifts and grants$122,508
VIII-1g Noncash contributions (included above)$16,786
VIII-1h Total contributions, gifts and grants$436,218
VIII-3 Investment incomeExcluded from tax $2,925$2,925
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$8,076−$8,076
VIII-8 Net income from fundraising eventsExcluded from tax −$56,159−$56,159
VIII-12 Total revenueExcluded from tax −$59,546$376,672
Part IX · Statement of functional expenses $45,079 across 29 lines filed
IX-1 Grants to domestic organizations$0
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 feesFundraising $31,645$31,645
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management feesManagement $610$610
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expensesFundraising $12,824$12,824
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $0 · Management $610 · Fundraising $44,469$45,079
Part X · Balance sheet $999,201 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $452,332$808,571
X-2 Savings and temporary cash investmentsStart of year $185,896$152,249
X-4 Accounts receivableStart of year $1,296$901
X-11 Publicly traded securitiesStart of year $39,646$35,230
X-15 Other assets$2,250
X-16 Total assetsStart of year $691,009$999,201
X-17 Accounts payable and accrued expensesStart of year $1,459$289
X-25 Other liabilitiesStart of year $602,050$629,885
X-26 Total liabilitiesStart of year $603,509$630,174
X-27 Net assets without donor restrictionsStart of year −$3,111$278,416
X-28 Net assets with donor restrictionsStart of year $90,611$90,611
X-32 Total net assets or fund balancesStart of year $87,500$369,027
X-33 Total liabilities and net assetsStart of year $691,009$999,201
Part XI · Reconciliation of net assets $369,027 net assets at year end
XI-1 Total revenue$376,672
XI-2 Total expenses$45,079
XI-3 Revenue less expenses$331,593
XI-4 Net assets at start of year$87,500
XI-5 Net unrealized gains (losses) on investments−$33,810
XI-8 Prior period adjustments−$16,256
XI-10 Net assets at end of year$369,027

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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