Civic Intelligence

MC Foundation Inc

990 • Fiscal year 2020 • EIN 27-4432543

Jan 01, 2020 to Dec 31, 2020 • Filed on May 07, 2021

Organization ProfileWWW.MMCORPS.ORG
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

92nd percentile

0.85x

Higher debt load relative to assets than 92% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

92nd percentile

0.71x

Higher debt load relative to revenue than 92% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

6th percentile

-152%

Higher net margin than 6% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

88th percentile

$35,720

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 34.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

5th percentile

-67%

Faster asset growth than 5% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

6th percentile

-89%

Faster revenue growth than 6% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$88,159

Down $179,659 (-67%) from 2019

Net Assets

Down

$13,589

Down $143,588 (-91%) from 2019

Liabilities

Down

$74,570

Down $36,071 (-33%) from 2019

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin6th percentile

Revenue

Down

$105,179

Down $820,609 (-89%) from 2019

Expenses

Down

$264,767

Down $617,671 (-70%) from 2019

Net Income

Down

-$159,588

Down $202,938 (-468%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

2020

Assets$88,159
Liabilities$74,570
Net Assets$13,589
Open 2020 Filing

Operations Trend

Revenue Growth6th percentile

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

2020

Revenue$105,179
Expenses$264,767
Net Income-$159,588
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 7, 2021
Return Version
2020v4.1
Gross Receipts
$105,179
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
Accounts Receivable$20,181$27,645▲ $7,464
Cash and Non-Interest-Bearing Accounts$197,028$4,621▼ $192,407
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$267,818$88,159▼ $179,659
Other Assets Total$50,609$55,893▲ $5,284
Liabilities
Accounts Payable and Accrued Expenses$94,641$74,570▼ $20,071
Unsecured Notes Loans Payable$16,000$0▼ $16,000
Total Liabilities$110,641$74,570▼ $36,071
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$157,177$13,589▼ $143,588
Total Net Assets Fund Balance$157,177$13,589▼ $143,588
Total Liabilities and Net Assets / Fund Balance$267,818$88,159▼ $179,659

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$6,951$6,951
Other Assets Org$3,289--
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Daniel PalmerPresidentPT$35,720$35,720

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
$105,179
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-159,588
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$198,149
Other Expenses$66,618
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$148,560--$148,560
Fees for Services Other$41,125--$41,125
Current Officers, Directors, Trustees, and Key Employees$35,720--$35,720
Payroll Taxes$13,869--$13,869
Insurance-$7,723-$7,723
Travel$4,740--$4,740
Fees for Services Accounting-$1,865-$1,865
Information Technology-$912-$912
Advertising$720--$720
Fees for Services Legal-$330-$330
Office Expenses-$243-$243
Other Expenses$172--$172
All Other Expenses$58--$58
Total Functional Expenses$253,694$11,073$0$264,767
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 35% controlled entity
No
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
2021-05-07
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
4
Volunteers
30

Preparer

Firm
AGRESTA STORMS & O'LEARY PC
Address
726 WASHINGTON ST SUITE 200, COLUMBUS, IN 47201
Preparer
John R Bushouse
Phone
3177809850
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Payroll processing fees: program service expenses 2,393. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,393. Group event payouts atlanta: program service expenses 4,409. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,409. Group event payouts national: program service expenses 33,419. Management and general expenses 0. Fundraising expenses 0. Total expenses 33,419. Outside contractors - 1099: program service expenses 904. Management and general expenses 0. Fundraising expenses 0. Total expenses 904.”

FORM 990, PART XI, LINE 9:

“Prior period adjustment 16,000.”

Raw XML Appendix362 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/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 2,393. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,393. GROUP EVENT PAYOUTS ATLANTA: PROGRAM SERVICE EXPENSES 4,409. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,409. GROUP EVENT PAYOUTS NATIONAL: PROGRAM SERVICE EXPENSES 33,419. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,419. OUTSIDE CONTRACTORS - 1099: PROGRAM SERVICE EXPENSES 904. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 904.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PRIOR PERIOD ADJUSTMENT 16,000.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0267818
IRS990/TotalAssetsEOYAmt088159
IRS990/TotalAssetsGrp/BOYAmt0267818
IRS990/TotalAssetsGrp/EOYAmt088159
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt011073
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0253694
IRS990/TotalFunctionalExpensesGrp/TotalAmt0264767
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0110641
IRS990/TotalLiabilitiesEOYAmt074570
IRS990/TotalLiabilitiesGrp/BOYAmt0110641
IRS990/TotalLiabilitiesGrp/EOYAmt074570
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0157177
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt013589
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0253694
IRS990/TotalProgramServiceRevenueAmt0105179
IRS990/TotalReportableCompFromOrgAmt035720
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0105179
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0105179
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0267818
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt088159
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt04740
IRS990/TravelGrp/TotalAmt04740
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt016000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DANIEL PALMER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06782499033
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-07
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/PreparerFirmGrp/PreparerFirmEIN0562353893
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AGRESTA STORMS & O'LEARY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0726 WASHINGTON ST SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBUS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd047201
ReturnHeader/PreparerPersonGrp/PhoneNum03177809850
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN R BUSHOUSE
ReturnHeader/ReturnTs02021-05-14T11:53:07-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DANIEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PALMER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$88,159
Liabilities
$74,570
Net assets
$13,589
Revenue
$105,179
Expenses
$264,767
Net income
-$159,588
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.09$0.07$0.01$0.11$0.26$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.27$0.11$0.16$0.93$0.88$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.11$0.11$1.05$0.90$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.12$0.01$1.09$1.13$0.04
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.06$0.10$0.89$0.95$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.17$0.02$0.16$0.85$0.81$0.04
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.02$0.12$1.07$1.05$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.00$0.09$1.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.07$1.19