Civic Intelligence

MMC Foundation Inc.

990EZ • Fiscal year 2021 • EIN 84-4610533

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 12, 2022

Organization ProfileWWW.MMCLINIC.COM/42.1702/MMC-FOUNDATION
1272 Garrison DrMurfreesboro, TN 37129

(615) 867-7829

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

95th percentile

79%

Higher net margin than 95% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

$50,810

No earlier filing loaded for comparison.

Net Assets

$50,810

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin95th percentile

Revenue

$62,789

No earlier filing loaded for comparison.

Expenses

$13,029

No earlier filing loaded for comparison.

Net Income

$49,760

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$200K$150K$100K$50K$0Assets 2021: $50,810Liabilities 2021: $0Net Assets 2021: $50,8102021Assets 2022: $87,145Liabilities 2022: $0Net Assets 2022: $87,1452022Assets 2023: $116,026Liabilities 2023: $0Net Assets 2023: $116,0262023Assets 2024: $157,808Liabilities 2024: $0Net Assets 2024: $157,8082024

Highlighted filing

2021

Assets$50,810
Liabilities$0
Net Assets$50,810
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$80K$60K$40K$20K$0Revenue 2021: $62,789Expenses 2021: $13,029Net Income 2021: $49,7602021Revenue 2022: $69,216Expenses 2022: $32,881Net Income 2022: $36,3352022Revenue 2023: $65,523Expenses 2023: $36,642Net Income 2023: $28,8812023Revenue 2024: $57,391Expenses 2024: $15,609Net Income 2024: $41,7822024

Highlighted filing

2021

Revenue$62,789
Expenses$13,029
Net Income$49,760
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 12, 2022
Return Version
2021v4.2
Gross Receipts
$62,789
Mission and Program Overview

Mission

The foundation carries out its exempt purpose by making gifts, grants, and contributions to other qualified 501(c)(3) charitable organizations primarily serving the middle tennessee area. The foundation also awards academic scholarships to qualified students in rutherford county, tennessee.

Program Services

DescriptionGrantsExpenses
SCHOLARSHIPS TO STUDENTS ADVANCING IN HIGHER EDUCATION. THE FOUNDATION AWARDED 10 SCHOLARSHIPS IN 2021.$9,764$9,764
GRANTS TO FOSTER CONTINUOUS IMPROVEMENT IN THE COMMUNITY'S HEALTH.$3,000$3,000
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSEPH A PEAYPresident-$0--
MATTHEW C STEARNSSecretary/Treasurer-$0--
NICHOLAS S COTE DOBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Mmc Foundation Inc
EIN
84-4610533
Phone
6158677829
Address
1272 GARRISON DR, MURFREESBORO, TN 37129

Signing Officer

Name
Frank Mitchell
Title
President
Phone
6158677829
Signed
2022-07-12
Discuss with paid preparer
Yes

Preparer

Firm
Dempsey Vantrease & Follis Pllc
Address
630 S CHURCH ST STE 300, MURFREESBORO, TN 37130-9409
Preparer
Mark E Follis CPA
Phone
6158936666
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: charity. Grantee name: a soldier's child. Grantee relationship: none. Amount given: 1,000.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: charity. Grantee name: special kids. Grantee relationship: none. Amount given: 1,000.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: charity. Grantee name: stepping stones safe haven. Grantee relationship: none. Amount given: 1,000.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: scholarships. Grantee name: various qualified students. Grantee relationship: none. Amount given: 9,764. Total included on form 990-ez, line 10: 12,764.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: bank fees. Amount: 244. Description: taxes. Amount: 21. Total to form 990-ez, line 16: 265.”

Raw XML Appendix148 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0FRANK MITCHELL
IRS990EZ/BooksInCareOfDetail/PhoneNum06158677829
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01272 GARRISON DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MURFREESBORO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd037129
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01050
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt050810
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt062789
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt049760
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01050
IRS990EZ/Form990TotalAssetsGrp/EOYAmt050810
IRS990EZ/GrantsAndSimilarAmountsPaidAmt012764
IRS990EZ/GrossReceiptsAmt062789
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01050
IRS990EZ/NetAssetsOrFundBalancesEOYAmt050810
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01050
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt050810
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOSEPH A PEAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MATTHEW C STEARNS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2NICHOLAS S COTE DO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0265
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE FOUNDATION CARRIES OUT ITS EXEMPT PURPOSE BY MAKING GIFTS, GRANTS, AND CONTRIBUTIONS TO OTHER QUALIFIED 501(C)(3) CHARITABLE ORGANIZATIONS PRIMARILY SERVING THE MIDDLE TENNESSEE AREA. THE FOUNDATION ALSO AWARDS ACADEMIC SCHOLARSHIPS TO QUALIFIED STUDENTS IN RUTHERFORD COUNTY, TENNESSEE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SCHOLARSHIPS TO STUDENTS ADVANCING IN HIGHER EDUCATION. THE FOUNDATION AWARDED 10 SCHOLARSHIPS IN 2021.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1GRANTS TO FOSTER CONTINUOUS IMPROVEMENT IN THE COMMUNITY'S HEALTH.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt09764
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt13000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt09764
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt13000
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt013029
IRS990EZ/TotalProgramServiceExpensesAmt012764
IRS990EZ/TotalRevenueAmt062789
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTPS://WWW.MMCLINIC.COM/42.1702/MMC-FOUNDATION
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt062789
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt062789
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt028045
IRS990ScheduleA/SubstantialContributorsTotAmt034744
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt062789
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt062789
IRS990ScheduleA/TotalSupportAmt062789
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: CHARITY. GRANTEE NAME: A SOLDIER'S CHILD. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 1,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: CHARITY. GRANTEE NAME: SPECIAL KIDS. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 1,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: CHARITY. GRANTEE NAME: STEPPING STONES SAFE HAVEN. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 1,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIVITY CLASSIFICATION: SCHOLARSHIPS. GRANTEE NAME: VARIOUS QUALIFIED STUDENTS. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 9,764. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 12,764.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: BANK FEES. AMOUNT: 244. DESCRIPTION: TAXES. AMOUNT: 21. TOTAL TO FORM 990-EZ, LINE 16: 265.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANK MITCHELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06158677829
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-07-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MMC FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MMCF
ReturnHeader/Filer/EIN0844610533
ReturnHeader/Filer/PhoneNum06158677829
ReturnHeader/Filer/USAddress/AddressLine1Txt01272 GARRISON DR
ReturnHeader/Filer/USAddress/CityNm0MURFREESBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037129
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621736974
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DEMPSEY VANTREASE & FOLLIS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0630 S CHURCH ST STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MURFREESBORO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0371309409
ReturnHeader/PreparerPersonGrp/PhoneNum06158936666
ReturnHeader/PreparerPersonGrp/PreparationDt02022-07-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK E FOLLIS CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-08-09T10:27:57-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0FRANK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MITCHELL
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$50,810
Liabilities
$0
Net assets
$50,810
Revenue
$62,789
Expenses
$13,029
Net income
$49,760
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.58$0.57$0.16$0.42
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.00$1.16$0.66$0.37$0.29
2022Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.69$0.33$0.36
2021Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.63$0.13$0.50