Civic Intelligence

Medgar Evers College Educational Foundation Inc

990 • Fiscal year 2014 • EIN 11-2561640

Jul 01, 2013 to Jun 30, 2014 • Filed on Apr 24, 2015

1650 Bedford AvenueBrooklyn, NY 11225

(718) 270-6110

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

36th percentile

0.04x

Higher debt load relative to assets than 36% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

56th percentile

0.15x

Higher debt load relative to revenue than 56% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

87th percentile

37%

Higher net margin than 87% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

53rd percentile

$67,365

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 25.0% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

72nd percentile

11%

Faster asset growth than 72% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

84th percentile

35%

Faster revenue growth than 84% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,049,629

Up $105,837 (+11%) from 2013

Net Assets

Up

$1,009,729

Up $91,791 (+10.0%) from 2013

Liabilities

Up

$39,900

Up $14,046 (+54%) from 2013

Revenue

Up

$268,963

Up $70,178 (+35%) from 2013

Expenses

Up

$169,887

Up $43,417 (+34%) from 2013

Net Income

Up

$99,076

Up $26,761 (+37%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,051,561Liabilities 2011: $0Net Assets 2011: $1,051,5612011Assets 2012: $866,633Liabilities 2012: $48,548Net Assets 2012: $818,0852012Assets 2013: $943,792Liabilities 2013: $25,854Net Assets 2013: $917,9382013Assets 2014: $1,049,629Liabilities 2014: $39,900Net Assets 2014: $1,009,7292014Assets 2015: $1,056,333Liabilities 2015: $19,906Net Assets 2015: $1,036,4272015Assets 2016: $2,370,101Liabilities 2016: $122,963Net Assets 2016: $2,247,1382016Assets 2017: $2,275,674Liabilities 2017: $255,408Net Assets 2017: $2,020,2662017Assets 2018: $2,090,455Liabilities 2018: $50,519Net Assets 2018: $2,039,9362018Assets 2019: $2,269,878Liabilities 2019: $403,378Net Assets 2019: $1,866,5002019Assets 2020: $1,861,466Liabilities 2020: $35,969Net Assets 2020: $1,825,4972020Assets 2021: $2,121,150Liabilities 2021: $35,169Net Assets 2021: $2,085,9812021Assets 2022: $2,244,871Liabilities 2022: $10,750Net Assets 2022: $2,234,1212022Assets 2023: $2,517,837Liabilities 2023: $39,684Net Assets 2023: $2,478,1532023Assets 2024: $2,937,812Liabilities 2024: $201,971Net Assets 2024: $2,735,8412024Assets 2025: $3,177,493Liabilities 2025: $37,235Net Assets 2025: $3,140,2582025

Highlighted filing

2014

Assets$1,049,629
Liabilities$39,900
Net Assets$1,009,729

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $733,0932011Expenses 2012: $350,2352012Revenue 2013: $198,785Expenses 2013: $126,470Net Income 2013: $72,3152013Revenue 2014: $268,963Expenses 2014: $169,887Net Income 2014: $99,0762014Revenue 2015: $221,233Expenses 2015: $181,706Net Income 2015: $39,5272015Revenue 2016: $1,686,755Expenses 2016: $461,083Net Income 2016: $1,225,6722016Revenue 2017: $755,508Expenses 2017: $1,028,200Net Income 2017: -$272,6922017Revenue 2018: $763,983Expenses 2018: $766,295Net Income 2018: -$2,3122018Revenue 2019: $716,592Expenses 2019: $830,723Net Income 2019: -$114,1312019Revenue 2020: $490,992Expenses 2020: $535,970Net Income 2020: -$44,9782020Revenue 2021: $528,569Expenses 2021: $351,327Net Income 2021: $177,2422021Revenue 2022: $456,755Expenses 2022: $253,554Net Income 2022: $203,2012022Revenue 2023: $1,034,313Expenses 2023: $809,708Net Income 2023: $224,6052023Revenue 2024: $675,137Expenses 2024: $452,883Net Income 2024: $222,2542024Revenue 2025: $1,132,925Expenses 2025: $779,016Net Income 2025: $353,9092025

Highlighted filing

2014

Revenue$268,963
Expenses$169,887
Net Income$99,076
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Apr 24, 2015
Return Version
2013v4.0
Gross Receipts
$551,132
Mission and Program Overview

Mission

The foundation's sole purpose is to provide support to the college. In accordance with the foundation's certificate of incorporation, the support schedules, raising of funds for development of structures, creation of scholarships and fellowships, the building of facilities, the general expansion and improvement of the physical plant.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$530,342$592,949▲ $62,607
Investments Other Securities$413,450$456,680▲ $43,230
Total Assets$943,792$1,049,629▲ $105,837
Liabilities
Accounts Payable and Accrued Expenses$25,854$39,900▲ $14,046
Total Liabilities$25,854$39,900▲ $14,046
Net Assets / Fund Balance
Temporarily Rstr Net Assets$628,805$684,616▲ $55,811
Permanently Rstr Net Assets$306,510$351,307▲ $44,797
Unrestricted Net Assets$-17,377$-26,194▼ $8,817
Total Net Assets Fund Balance$917,938$1,009,729▲ $91,791
Total Liabilities and Net Assets / Fund Balance$943,792$1,049,629▲ $105,837

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$456,680--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$306,510-▲ $44,797-$351,307
2012$280,628-▲ $25,882-$306,510
2011$210,628$72,252▼ $2,252-$280,628
2010$221,218--$10,590$210,628
2009$519,953--$370,735$149,218
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Dr John FlateuBoard Member$50,650$16,715$67,365
Ms Dawn WalkerBoard Member$12,995$4,288$17,283

Board Members and Trustees

NameTitle
Mr Ryan C MackVice-chair
Dr Marcella MaxwellBoard Member
Dr Rudolph CrewBoard Member
Mr Alfred a Edmonds JrBoard Member
Mr Charles FosterBoard Member
Mr Williar St VilBoard Member
Ms Pauline BarfieldBoard Member
Mr Jerald PosmanC.o.o. for Finance and Administration
Mr David TaylorTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$179,215
Program Service Revenue
$0
Investment Income
$70,581
Other Revenue
$19,167
All Other Contributions
$175,591
Change in Net Assets
$99,076

Audited Revenue Reconciliation

Revenue per Audited Statements
$261,678
Revenue Not Reported on Financial Statements
$7,285
Revenue Not Reported on Form 990
$794,769
Other Revenue Adjustments
$7,285
Total Revenue per Audited Statements
$1,056,447
Total Revenue per Form 990
$268,963
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$129,828
Other Expenses$40,059
Total Fundraising Expense$8,644
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$106,824--$106,824
Grants to Domestic Orgs$23,004--$23,004
Fees for Services Accounting-$19,700-$19,700
Office Expenses-$6,825$8,644$15,469
All Other Expenses-$4,890-$4,890
Total Functional Expenses$129,828$31,415$8,644$169,887

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$964,656
Expenses Not Reported on Form 990$794,769
Expenses per Audited Statements$169,887
Total Expenses per Form 990$169,887
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
13-3893536--Scholarships and Awards$23,004
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$31,976
Fundraising Direct Expenses$12,809
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$31,976$31,976$800$31,176
Total Events$31,976$31,976$12,809$19,167
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
Yes
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The full board reviews 990 prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

The organization requires that board members certify conflict of interest policy annual statement after reviewing the conflict of interest policy. The conflicting interest needs to be fully disclosed to the board of directors. The person with the conflict of interest is excluded from the discussion and approval of such transaction. Disclosure should be made in writing to the board chair and the board of directors determines whether a conflict exists and, in the case of an existing conflict, whether the contemplated transaction may be authorized as just, fair and reasonable to the foundation.

Form 990, Part VI, Section C, Line 19

Documentation is provided upon request to the public.

Filing and Contact Details

Filer

EIN
11-2561640
Phone
7182706110

Signing Officer

Name
Jerald Posman
Title
COO for Finance and Administration
Phone
7182706110
Signed
2015-04-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jerald Posman
Formed
1981
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
8
Employees
0
Volunteers
9

Preparer

Preparer
Israel Tannenbaum
Phone
2128674000
Supplemental Narrative

Additional Explanations

Part XII Line 2C

The organization has a board of directors that oversees the audit. There has been no change from the prior year.

Financial Statement Notes

PART V, LINE 4:

The foundation's endowment consists of a donor-restricted endowment fund established to support the scholarships program.

PART X, LINE 2:

The foundation has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements. Periods ending june 30, 2011 and subsequent remain subject to examination by applicable taxing authorities.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Unrealized loss on investments 7,285.

Raw XML AppendixShowing 400 of 494 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ReconcilationRevenueExpnssAmt099076
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt0OTHER REVENUE
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0179215
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0203902
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0192343
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0100050
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt071445
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0746955
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03732
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05979
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04563
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03240
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt029984
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt047498
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt06553
IRS990ScheduleA/OtherIncome170Grp/TotalAmt06553
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.78680
IRS990ScheduleA/PublicSupportPY170Pct00.57660
IRS990ScheduleA/PublicSupportTotal170Amt0645347
IRS990ScheduleA/SubstantialContributorsTotAmt0101608
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0179215
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0203902
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0192343
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0100050
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt071445
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0746955
IRS990ScheduleA/TotalSupportAmt0820173
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt019167
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt019167
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0306510
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0351307
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt044797
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0280628
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0306510
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt025882
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0210628
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt072252
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0280628
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-2252
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0221218
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0210628
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt010590
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0519953
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0149218
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0370735
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0794769
IRS990ScheduleD/DonatedServicesUseFcltsAmt0794769
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt0794769
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0169887
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherRevenuesNotIncludedAmt07285
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0456680
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENT IN CUNY POOL
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt0794769
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt07285
IRS990ScheduleD/RevenueSubtotalAmt0261678
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION'S ENDOWMENT CONSISTS OF A DONOR-RESTRICTED ENDOWMENT FUND ESTABLISHED TO SUPPORT THE SCHOLARSHIPS PROGRAM.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING JUNE 30, 2011 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2UNREALIZED LOSS ON INVESTMENTS 7,285.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0456680
IRS990ScheduleD/TotalExpensesPerForm990Amt0169887
IRS990ScheduleD/TotalRevenuePerForm990Amt0268963
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01056447
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0964656
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt012809
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt010539
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt010539
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt031976
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt031976
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt031976
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt031976
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0PINNACLE AWARDS LUNCHEON
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt019167
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0800
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0800
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt01470
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt01470
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0106824
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS AND AWARDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt035
IRS990ScheduleI/RecipientTable/CashGrantAmt023004
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIPS AND AWARDS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10MEDGAR EVERS COLLEGE
IRS990ScheduleI/RecipientTable/RecipientEIN0133893536
IRS990ScheduleI/RecipientTable/USAddress/AddressLine101150 CARROLL STREET
IRS990ScheduleI/RecipientTable/USAddress/City0BROOKLYN
IRS990ScheduleI/RecipientTable/USAddress/State0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode011225
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE MEC FOUNDATION MAINTAINS AGREEMENTS DESCRIBING THE PURPOSE AND INTENT OF GRANT FUNDS. ANY TIME GRANT BENEFICIARIES WANT TO EXPEND MONEY FROM RESTRICTED GRANT, THEY MUST SUBMIT A CHECK REQUEST DETAILING THE PURPOSE OF THE EXPENDITURES WITH SUPPORTING DOCUMENTATIONS. IF THE EXPENDITURES ARE IN ACCORDANCE WITH THE PURPOSE OF THE GRANT, THE MEC FOUNDATION WILL APPROVE PAYMENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt050650
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt112995
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt016715
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt14288
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DR JOHN FLATEU
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MS DAWN WALKER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0BOARD MEMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1BOARD MEMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt067365
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt117283
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.18$0.04$3.14$1.13$0.78$0.35
2024Detailed filing. Detailed filing data is available for this year.$2.94$0.20$2.74$0.68$0.45$0.22
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.52$0.04$2.48$1.03$0.81$0.22
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$0.01$2.23$0.46$0.25$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.12$0.04$2.09$0.53$0.35$0.18
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.86$0.04$1.83$0.49$0.54$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.27$0.40$1.87$0.72$0.83$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.09$0.05$2.04$0.76$0.77$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.28$0.26$2.02$0.76$1.03$0.27
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.37$0.12$2.25$1.69$0.46$1.23
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.02$1.04$0.22$0.18$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.05$0.04$1.01$0.27$0.17$0.10
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.94$0.03$0.92$0.20$0.13$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.05$0.82$0.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.00$1.05$0.73