Civic Intelligence

MC Foundation Inc

990 • Fiscal year 2017 • EIN 27-4432543

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 07, 2018

PO Box 54537Atlanta, GA 30308-0537

(678) 249-9033

Siviq Scores

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

Liabilities / Assets

90th percentile

0.93x

Higher debt load relative to assets than 90% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

53rd percentile

0.11x

Higher debt load relative to revenue than 53% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

30th percentile

-3.7%

Higher net margin than 30% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

39th percentile

$27,480

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

6th percentile

-19%

Faster asset growth than 6% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

74th percentile

22%

Faster revenue growth than 74% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$130,500

Down $30,598 (-19%) from 2016

Net Assets

Down

$8,980

Down $93,225 (-91%) from 2016

Liabilities

Up

$121,520

Up $62,627 (+106%) from 2016

Revenue

Up

$1,087,769

Up $194,019 (+22%) from 2016

Expenses

Up

$1,127,904

Up $180,590 (+19%) from 2016

Net Income

Up

-$40,135

Up $13,429 (+25%) from 2016

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $67,438Liabilities 2011: $0Net Assets 2011: $67,4382011Assets 2012: $91,397Liabilities 2012: $0Net Assets 2012: $91,3972012Assets 2014: $133,241Liabilities 2014: $16,000Net Assets 2014: $117,2412014Assets 2015: $173,358Liabilities 2015: $17,589Net Assets 2015: $155,7692015Assets 2016: $161,098Liabilities 2016: $58,893Net Assets 2016: $102,2052016Assets 2017: $130,500Liabilities 2017: $121,520Net Assets 2017: $8,9802017Assets 2018: $225,772Liabilities 2018: $111,945Net Assets 2018: $113,8272018Assets 2019: $267,818Liabilities 2019: $110,641Net Assets 2019: $157,1772019Assets 2020: $88,159Liabilities 2020: $74,570Net Assets 2020: $13,5892020

Highlighted filing

2017

Assets$130,500
Liabilities$121,520
Net Assets$8,980

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,185,3412011Expenses 2012: $1,395,9472012Revenue 2014: $1,066,755Expenses 2014: $1,049,156Net Income 2014: $17,5992014Revenue 2015: $851,037Expenses 2015: $807,858Net Income 2015: $43,1792015Revenue 2016: $893,750Expenses 2016: $947,314Net Income 2016: -$53,5642016Revenue 2017: $1,087,769Expenses 2017: $1,127,904Net Income 2017: -$40,1352017Revenue 2018: $1,045,888Expenses 2018: $903,096Net Income 2018: $142,7922018Revenue 2019: $925,788Expenses 2019: $882,438Net Income 2019: $43,3502019Revenue 2020: $105,179Expenses 2020: $264,767Net Income 2020: -$159,5882020

Highlighted filing

2017

Revenue$1,087,769
Expenses$1,127,904
Net Income-$40,135
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 7, 2018
Return Version
2017v2.3
Gross Receipts
$1,087,769
Mission and Program Overview

Mission

Spreading the good news of the gospel of jesus christ in venues outside the walls of the churches is the mission of the mc foundation, inc. Youth and young adults who participate in master's commission christial leadership and mission training around the country have an opportunity with the mc foundation, inc. To reach people for christ at various sporting events, corporate dinners, large corporate events and other secular events. These youth and young adults volunteer at these events to share the gospel of jesus christ.

Spreading the good news of the gospel of jesus christ in venues outside the walls of the churches is the mission of the mc foundation, inc. Youth and young adults who participate in master's commision christian leadership and mission training around the country have an opportunity with the mc foundation, inc. To reach people for christ at various sporting events, corporate dinners, large corporate events and other secular events. These youth and young adults volunteer at these events to share the gospel of jesus christ.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$67,672$119,770▲ $52,098
Accounts Receivable$38,511$9,574▼ $28,937
Land, Buildings, and Equipment, Net$1,824$1,156▼ $668
Total Assets$161,098$130,500▼ $30,598
Other Assets Total$53,091$0▼ $53,091
Liabilities
Accounts Payable and Accrued Expenses$24,993$105,520▲ $80,527
Other Liabilities$17,900$0▼ $17,900
Unsecured Notes Loans Payable$16,000$16,000→ $0
Total Liabilities$58,893$121,520▲ $62,627
Net Assets / Fund Balance
Unrestricted Net Assets$102,205$8,980▼ $93,225
Total Net Assets Fund Balance$102,205$8,980▼ $93,225
Total Liabilities and Net Assets / Fund Balance$161,098$130,500▼ $30,598

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,156$5,795$6,951
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Daniel PalmerPresidentPT$27,480$27,480

Board Members and Trustees

NameTitle
Hayes FreemanDirector
Paul PalmerDirector
Robby AndersonSecretary
Mike GoldstoneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,087,769
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-40,135
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$887,516
Salaries, Compensation, and Employee Benefits$218,629
Grants and Similar Amounts Paid$21,759
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$828,473--$828,473
Other Salaries and Wages$175,612--$175,612
Current Officers, Directors, Trustees, and Key Employees$27,480--$27,480
Grants to Domestic Orgs$18,335--$18,335
Payroll Taxes$15,537--$15,537
Travel$13,463--$13,463
Insurance-$6,959-$6,959
Fees for Services Legal-$5,413-$5,413
Advertising$3,636--$3,636
Grants to Domestic Individuals$3,424--$3,424
Information Technology-$3,069-$3,069
All Other Expenses$2,913--$2,913
Other Expenses$2,505--$2,505
Fees for Services Accounting-$2,158-$2,158
Office Expenses-$738-$738
Depreciation Depletion-$668-$668
Total Functional Expenses$1,108,899$19,005$0$1,127,904
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Atlanta School of MinistryAtlanta, GA501(c)(3)TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE.$15,974
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Daniel palmer, president; paul palmer, director, are father and son.

Form 990, Part VI, Section B, Line 11B

The governing body reviews the form 990.

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

Any director, officer, or key employee who has an interest in a contract or other transaction presented to the board or a committee thereof for authorization, approval, or ratification shall make a prompt and full disclosure of his interest to the board or committee prior to its acting on such contract or transaction. The body to which such disclosure is made shall thereupon determine, by a vote of seventy-five percent (75%) of the votes entitled to vote, whether the disclosure shows that a conflict of interest exists or can reasonably by construed to exist.

Form 990, Part VI, Section B, Line 15

Compensation process for top official, officers, and key employees policy in place.

Form 990, Part VI, Section C, Line 18

Form 990 will be made available upon request and within a reasonable period of time.

Form 990, Part VI, Section C, Line 19

Governing documents will be made available upon request and within a reasonable period of time.

Filing and Contact Details

Filer

Filer Name
Mc Foundation Inc
EIN
27-4432543
Phone
6782499033
Address
PO BOX 54537, ATLANTA, GA 30308-0537
Doing Business As
Mission Movement Corps

Signing Officer

Name
Daniel Palmer
Title
President
Phone
6782499033
Signed
2018-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Palmer
Formed
2010
Legal Domicile
Ga
Voting Board Members
5
Independent Board Members
5
Employees
6
Volunteers
200

Preparer

Firm
Kemper CPA Group Llp
Address
726 WASHINGTON ST SUITE 200, COLUMBUS, IN 47201-1912
Preparer
John R Bushouse CPA
Phone
8123763061
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Payroll processing fees: program service expenses 2,663. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,663. Group event payouts atlanta: program service expenses 103,705. Management and general expenses 0. Fundraising expenses 0. Total expenses 103,705. Group event payouts national: program service expenses 677,260. Management and general expenses 0. Fundraising expenses 0. Total expenses 677,260. Outside contractors - 1099: program service expenses 27,213. Management and general expenses 0. Fundraising expenses 0. Total expenses 27,213. Group event payouts: program service expenses 17,632. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,632.

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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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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0851037
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01066755
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0938563
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04837874
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt01156
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05795
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06951
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01156
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt015974
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ATLANTA SCHOOL OF MINISTRY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0652 ANGIER AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ATLANTA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0GA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd030308
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DANIEL PALMER, PRESIDENT; PAUL PALMER, DIRECTOR, ARE FATHER AND SON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY REVIEWS THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY DIRECTOR, OFFICER, OR KEY EMPLOYEE WHO HAS AN INTEREST IN A CONTRACT OR OTHER TRANSACTION PRESENTED TO THE BOARD OR A COMMITTEE THEREOF FOR AUTHORIZATION, APPROVAL, OR RATIFICATION SHALL MAKE A PROMPT AND FULL DISCLOSURE OF HIS INTEREST TO THE BOARD OR COMMITTEE PRIOR TO ITS ACTING ON SUCH CONTRACT OR TRANSACTION. THE BODY TO WHICH SUCH DISCLOSURE IS MADE SHALL THEREUPON DETERMINE, BY A VOTE OF SEVENTY-FIVE PERCENT (75%) OF THE VOTES ENTITLED TO VOTE, WHETHER THE DISCLOSURE SHOWS THAT A CONFLICT OF INTEREST EXISTS OR CAN REASONABLY BY CONSTRUED TO EXIST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION PROCESS FOR TOP OFFICIAL, OFFICERS, AND KEY EMPLOYEES POLICY IN PLACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 WILL BE MADE AVAILABLE UPON REQUEST AND WITHIN A REASONABLE PERIOD OF TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS WILL BE MADE AVAILABLE UPON REQUEST AND WITHIN A REASONABLE PERIOD OF TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 2,663. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,663. GROUP EVENT PAYOUTS ATLANTA: PROGRAM SERVICE EXPENSES 103,705. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 103,705. GROUP EVENT PAYOUTS NATIONAL: PROGRAM SERVICE EXPENSES 677,260. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 677,260. OUTSIDE CONTRACTORS - 1099: PROGRAM SERVICE EXPENSES 27,213. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,213. GROUP EVENT PAYOUTS: PROGRAM SERVICE EXPENSES 17,632. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,632.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0161098
IRS990/TotalAssetsEOYAmt0130500
IRS990/TotalAssetsGrp/BOYAmt0161098
IRS990/TotalAssetsGrp/EOYAmt0130500
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019005
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01108899
IRS990/TotalFunctionalExpensesGrp/TotalAmt01127904
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt058893
IRS990/TotalLiabilitiesEOYAmt0121520
IRS990/TotalLiabilitiesGrp/BOYAmt058893
IRS990/TotalLiabilitiesGrp/EOYAmt0121520
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0102205
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08980
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01108899
IRS990/TotalProgramServiceRevenueAmt01087769
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01087769
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01087769
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0200
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0161098
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0130500
IRS990/TotReportableCompRltdOrgAmt027480
IRS990/TravelGrp/ProgramServicesAmt013463
IRS990/TravelGrp/TotalAmt013463
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0102205
IRS990/UnrestrictedNetAssetsGrp/EOYAmt08980
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt016000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt016000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0723 WAVELAND DRIVE
IRS990/USAddress/CityNm0WOODSTOCK
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030189
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.MMCORPS.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DANIEL PALMER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06782499033
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MC FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MCFO
ReturnHeader/Filer/EIN0274432543
ReturnHeader/Filer/PhoneNum06782499033
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 54537
ReturnHeader/Filer/USAddress/CityNm0ATLANTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd0303080537
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DB3B7F926A81B083876959F0A5C57774BDA7E460
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId092125B3067CDA1FE634C0F3D3F6604CDD057B913
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0184.175.157.67
ReturnHeader/FilingSecurityInformation/IPDt02018-11-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm014:27:33
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0370818432
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KEMPER CPA GROUP LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0726 WASHINGTON ST SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBUS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0472011912
ReturnHeader/PreparerPersonGrp/PhoneNum08123763061
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN R BUSHOUSE CPA
ReturnHeader/ReturnTs02018-11-14T12:29:49-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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