Jack C Massey Foundation

990PF • Fiscal year 2020 • EIN 62-1649826

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

Organization Profile

5123 Virginia Way Suite B-22Brentwood, TN 37027

(615) 377-8595

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • $25M-$50M nonprofits • Source year 2020

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • $25M-$50M nonprofits • Source year 2020

-35%

Higher net margin than 12% of similar nonprofits.

2020 filings • $25M-$50M nonprofits • Source year 2020

$25,000

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2020 filings • $25M-$50M nonprofits • Source year 2020

-1.6%

Faster asset growth than 22% of similar nonprofits.

2020 filings • $25M-$50M nonprofits • Annualized from 2019 to 2020

27%

Faster revenue growth than 81% of similar nonprofits.

2020 filings • $25M-$50M nonprofits • Annualized from 2019 to 2020

Balance Sheet

Liabilities / Assets15th percentile

Assets

Down

$30,368,389

Down $485,072 (-1.6%) from 2019

Net Assets

$30,368,389

No earlier filing loaded for comparison.

Liabilities

Flat

Flat from 2019

Revenue And Expenses

Liabilities / Revenue14th percentile Net Margin12th percentile

Revenue

$1,405,853

Up $298,069 (+27%) from 2019

Expenses

$1,890,925

Up $171,852 (+10.0%) from 2019

Net Income

-$485,072

Up $126,217 (+21%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

Highlighted filing

2020

Assets$30,368,389

Liabilities$0

Net Assets$30,368,389

Open 2020 Filing

Operations Trend

Revenue Growth81st percentile

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

Highlighted filing

2020

Revenue$1,405,853

Expenses$1,890,925

Net Income-$485,072

Open 2020 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2020 to Dec 31, 2020
Signed: Nov 11, 2021
Return Version: 2020v4.1

Compensation and Service Providers

Top Officer Pay21st percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
William A Shipp Jr	President/ Director	PT	$25,000	-	$25,000
James C Gooch	Secretary/Director	PT	$25,000	-	$25,000
Jonathan A Shayne	Vice President/Director	PT	$25,000	-	$25,000
Barbara Massey Rogers	Co-Chair	PT	$0	-	-
Leonard H Armistead III	Co-Chair	PT	$0	-	-

Filing and Contact Details

Filer

Filer Name: Jack C Massey Foundation
EIN: 62-1649826
In Care Of: % William Shipp Jr
Phone: 6153778595
Address: 5123 Virginia Way Suite B-22, Brentwood, TN 37027

Signing Officer

Name: William A Shipp Jr
Title: President
Phone: 6153778595
Signed: 2021-11-11
Discuss with paid preparer: No

Raw XML Appendix326 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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CashDeemedCharitableExplnStmt/ShortExplanationTxt	0	The Foundation deems it prudent to maintain cash temporary investments at a minimum of two years of estimated charitable grants and expenses. The amount on Line 4 is based on the amount shown on Part I, Line 26a of the prior year Form 990-PF.
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	0	Barbara Massey Rogers
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	1	Leonard H Armistead III
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IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt	0	0
IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt	0	None
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm	0	NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt	0	1661850
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt	0	Various
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt	0	Schedule Available on Request
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt	0	PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt	0	None
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt	0	Various
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm	0	Various
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd	0	TN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd	0	37027
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd	0	X
IRS990PF/SupplementaryInformationGrp/ShareholderManagerNm	0	NONE
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt	0	1661850
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd	0	false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt	0	1666100
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt	0	1676786
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt	0	10686
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt	0	1861681
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt	0	868118
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt	0	1083616
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt	0	1008335
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt	0	10686
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt	0	997649
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt	0	3813415
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt	0	1861681
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt	0	868118
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt	0	1083616
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt	0	1666100
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt	0	4811064
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt	0	4821750
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt	0	0
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt	0	71660
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt	1	15742
LandEtcSchedule2/LandEtcGrp/BookValueAmt	0	58340
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt	0	Office Condominium
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt	1	Office F,F, E
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt	0	130000
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt	1	15742
LandEtcSchedule2/LandEtcGrp/EOYFMVAmt	0	300000
LandEtcSchedule2/LandEtcGrp/EOYFMVAmt	1	2500
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	0	Bank Charges Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	1	Insurance
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	2	Condo Owners Association Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	3	Office Expense
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	4	Postage Delivery
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	5	Real Estate Maintenance
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	6	Utilities
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	7	Allocated to Column D
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	0	4250
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	0	60
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	1	3228
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	2	3376
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	3	6850
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	4	311
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	5	3020
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	6	4453
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	7	-4250
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	0	60
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	1	3228
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	2	3376
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	3	6850
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	4	311
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	5	3020
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	6	4453
OtherIncomeSchedule2/OtherIncomeDetail/Desc	0	Employee Retention Credit for 2020
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt	0	5000
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt	0	5000
TaxesSchedule/TaxesDetail/Amt	0	4096
TaxesSchedule/TaxesDetail/Amt	1	20020
TaxesSchedule/TaxesDetail/CategoryTxt	0	Payroll Taxes
TaxesSchedule/TaxesDetail/CategoryTxt	1	4096
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt	0	4096
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd	0	AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd	0	IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd	0	3
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	false
ReturnHeader/BusinessOfficerGrp/PersonNm	0	William A Shipp Jr
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	President
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	6153778595
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2021-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	Jack C Massey Foundation
ReturnHeader/Filer/BusinessNameControlTxt	0	JACK
ReturnHeader/Filer/EIN	0	621649826
ReturnHeader/Filer/InCareOfNm	0	% William Shipp Jr
ReturnHeader/Filer/PhoneNum	0	6153778595
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	5123 Virginia Way Suite B-22
ReturnHeader/Filer/USAddress/CityNm	0	Brentwood
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	TN
ReturnHeader/Filer/USAddress/ZIPCd	0	37027
ReturnHeader/ReturnTs	0	2021-11-12T11:43:13-00:00
ReturnHeader/ReturnTypeCd	0	990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	William
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	Shipp
ReturnHeader/TaxPeriodBeginDt	0	2020-01-01
ReturnHeader/TaxPeriodEndDt	0	2020-12-31
ReturnHeader/TaxYr	0	2020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing

Assets: $30,368,389
Liabilities: $0
Net assets: $30,368,389
Revenue: $1,405,853
Expenses: $1,890,925
Net income: -$485,072

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$29.9	$0.00	$29.9	$2.78	$2.50	$0.28
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$29.6	$0.00	$29.6	$2.98	$2.67	$0.31
2022Detailed filing. Detailed filing data is available for this year.	$29.3	$0.00	$29.3	$1.40	$2.74	$1.33
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$30.7	$0.00	$30.7	$2.21	$1.91	$0.30
2020Detailed filing. Detailed filing data is available for this year.	$30.4	$0.00	$30.4	$1.41	$1.89	$0.49
2019Summary only. Only limited summary data is available for this year.	$30.9	$0.00		$1.11	$1.72	$0.61
2015Summary only. Only limited summary data is available for this year.	$39.6	$0.00		$8.89	$3.41	$5.49
2014Summary only. Only limited summary data is available for this year.	$34.2	$0.01		$4.41	$4.28	$0.13
2013Summary only. Only limited summary data is available for this year.	$34.0	$0.01		$3.54	$1.57	$1.97
2012Summary only. Only limited summary data is available for this year.	$32.1	$0.01		$1.84	$2.15	$0.31
2011Summary only. Only limited summary data is available for this year.	$32.4	$0.01		$5.45	$2.50	$2.95