Civic Intelligence

Macmurray Foundation & Alumni Association Nfp

990 • Fiscal year 2022 • EIN 85-0993489

May 01, 2021 to Apr 30, 2022 • Filed on Oct 04, 2022

PO Box 47Jacksonville, IL 62651

(217) 291-4234

Siviq Scores

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

Liabilities / Assets

79th percentile

0.09x

Higher debt load relative to assets than 79% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

82nd percentile

0.10x

Higher debt load relative to revenue than 82% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

96th percentile

80%

Higher net margin than 96% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

97th percentile

302%

Faster asset growth than 97% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

92nd percentile

215%

Faster revenue growth than 92% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$466,766

Up $350,615 (+302%) from 2021

Net Assets

Up

$424,757

Up $343,417 (+422%) from 2021

Liabilities

Up

$42,009

Up $7,198 (+21%) from 2021

Revenue

Up

$427,484

Up $291,701 (+215%) from 2021

Expenses

Up

$84,067

Up $29,624 (+54%) from 2021

Net Income

Up

$343,417

Up $262,077 (+322%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2021: $116,151Liabilities 2021: $34,811Net Assets 2021: $81,3402021Assets 2022: $466,766Liabilities 2022: $42,009Net Assets 2022: $424,7572022Assets 2023: $517,856Liabilities 2023: $59,274Net Assets 2023: $458,5822023Assets 2024: $959,798Liabilities 2024: $61,744Net Assets 2024: $898,0542024Assets 2025: $1,086,394Liabilities 2025: $64,500Net Assets 2025: $1,021,8942025

Highlighted filing

2022

Assets$466,766
Liabilities$42,009
Net Assets$424,757

Operations Trend

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

$800K$600K$400K$200K$0Revenue 2021: $135,783Expenses 2021: $54,443Net Income 2021: $81,3402021Revenue 2022: $427,484Expenses 2022: $84,067Net Income 2022: $343,4172022Revenue 2023: $183,890Expenses 2023: $150,065Net Income 2023: $33,8252023Revenue 2024: $646,384Expenses 2024: $147,010Net Income 2024: $499,3742024Revenue 2025: $252,581Expenses 2025: $192,071Net Income 2025: $60,5102025

Highlighted filing

2022

Revenue$427,484
Expenses$84,067
Net Income$343,417
Jump To
Filing Snapshot
Filing Period
May 1, 2021 to Apr 30, 2022
Signed
Oct 4, 2022
Return Version
2021v4.2
Gross Receipts
$483,251
Mission and Program Overview

Mission

Preserve history, mission, and legacy of MacMurray College

The purpose of the organization is to engage in activities and fundraising to preserve the history, mission, and legacy of MacMurray College.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$33,047$331,349▲ $298,302
Cash and Non-Interest-Bearing Accounts$52,878$50,218▼ $2,660
Savings and Temporary Cash Investments$5,001$26,107▲ $21,106
Land, Buildings, and Equipment, Net$1,944$1,811▼ $133
Total Assets$116,151$466,766▲ $350,615
Other Assets Total$23,281$57,281▲ $34,000
Liabilities
Grants Payable$31,000$39,000▲ $8,000
Accounts Payable and Accrued Expenses$3,811$3,009▼ $802
Total Liabilities$34,811$42,009▲ $7,198
Net Assets / Fund Balance
Net Assets With Donor Restrictions$29,538$255,289▲ $225,751
Net Assets Without Donor Restrictions$51,802$169,468▲ $117,666
Total Net Assets Fund Balance$81,340$424,757▲ $343,417
Total Liabilities and Net Assets / Fund Balance$116,151$466,766▲ $350,615

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,811$189$2,000
Other Assets Org$57,281--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$22,000$218,423▼ $25,529$101$208,793
2021-$23,000--$22,000
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$421,002
Program Service Revenue
$3,813
Investment Income
$2,669
Other Revenue
$0
All Other Contributions
$421,002
Change in Net Assets
$343,417

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Works of Art$24,000Appraisal
Books and Publications$10,000Appraisal
Total Noncash Contributions$34,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$44,152
Grants and Similar Amounts Paid$39,000
Salaries, Compensation, and Employee Benefits$915
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$39,000--$39,000
Fees for Services Accounting-$6,654-$6,654
Insurance$2,773$758-$3,531
Office Expenses-$2,445-$2,445
Advertising$1,847--$1,847
Other Salaries and Wages$850--$850
Other Expenses$375--$375
Depreciation Depletion$133--$133
Fees for Service Investment Mgmnt Fees-$70-$70
Payroll Taxes$65--$65
Fees for Services Legal-$15-$15
Total Functional Expenses$74,125$9,942$0$84,067
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
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
No
Other officer compensation reviewed
No
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 B, Line 11B

The board of directors all receive a preliminary copy of the 990 and have at least 5 business days to review it. After they all review, any questions or concerns are addressed and the final 990 is then presented. Then the final 990 is again presented for review prior to filing. The organization also documents the directors review measures taken within the minutes of the subsequent meeting.

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

In accordance with their written policy, the organization also keeps records of proceedings of any matter in which a conflict of interest arises for any member of the board or committee. In addition to disclosing annually interests that could give rise to conflicts, the policy lays out duty to disclose procedures which include immediate disclosure once a conflict arises, how to determine whether a conflict of interest exists, the procedures for addressing it, and actions to take if a violation of the policy occurs. The board and committee members also use the on-your-honor method to maintain their integrity aside from the written policy. In that regard, the policy is perpetually monitored.

Form 990, Part VI, Section C, Line 18

Anyone interested in seeing the documents open to public inspection in accordance with Section 6104 can view them locally upon request. Anyone requesting to see the documents needs to contact the organization and arrangements will be made at as soon as possible to provide the documents for viewing.

Filing and Contact Details

Filer

Filer Name
MacMurray Foundation and Alumni Association NFP
EIN
85-0993489
Phone
2172914234
Address
PO Box 47, Jacksonville, IL 62651

Signing Officer

Name
Tammy Holaway
Title
Treasurer
Phone
2172914234
Signed
2022-10-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tammy Holaway
Formed
2020
Legal Domicile
Il
Voting Board Members
12
Independent Board Members
12
Employees
1
Volunteers
24

Preparer

Firm
Lehmkuhl Accounting Tax and Consulting Inc
Address
1429 South Main Street Suite A, Jacksonville, IL 62650
Preparer
Devon Lehmkuhl
Phone
2172435674
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

The purpose of MacMurray Foundation and Alumni Association, NFP is to engage in activities and fundraising to preserve the history, mission and legacy of MacMurray College by promoting, preserving, maintaining, and supporting efforts to provide scholarships for students to attend colleges and universities in accordance with the Foundations adopted policies and bylaws to provide grants to Internal Revenue Service designated 501c3 not-for-profit organizations that engage in activities compatible with the legacy of MacMurray College to engage Alumni of MacMurray College in ways to foster their continuing commitment to the Colleges legacy and the purposes of this Corporation to provide support for Jacksonville based museums or similar organizations that allow public access to exhibits and displays of MacMurray College memorabilia, artifacts and archives designed to explain the Colleges history and legacy and, to engage in such other activities and fundraising designed to preserve the history, charitable purposes and legacy of MacMurray College.

Financial Statement Notes

III 4

Part of the organizations mission is to provide support for Jacksonville based museums or similar organizations that allow public access to exhibits and displays of MacMurray College memorabilia, artifacts and archives designed to explain the Colleges history and legacy. All of the memorabilia received came directly from MacMurray College as these items were part of the Colleges museum and historical exhibitions. Therefore, these items have close and direct ties to the organizations exempt function and purpose.

V 4

The intended uses of the organizations endowment funds are for scholarships for future college students, the total balance at the end of the year for this purpose is 122,796 and to exclusively to support the programs of the organization and not the regular operating expenses, and includes the total balance at the end of the year for this purpose is 85,997.

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IRS990/OtherExpensesGrp/ProgramServicesAmt214742
IRS990/OtherExpensesGrp/ProgramServicesAmt3375
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IRS990/PrincipalOfficerNm0Tammy Holaway
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IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Alumni events and functions
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03813
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IRS990/ProgSrvcAccomActy2Grp/Desc0Support for Jacksonville based museums or similar organizations that allow public access to exhibits and displays of MacMurray College memorabilia, artifacts and archives designed to explain the colleges history and legacy.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt014742
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt050139
IRS990/ProgSrvcAccomActy3Grp/Desc0To preserve the history, charitable purposes and legacy of MacMurray College, including engaging alumni of the college in ways to foster their continuing commitment to the colleges legacy.
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IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0201389
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IRS990/PYRevenuesLessExpensesAmt081340
IRS990/PYTotalExpensesAmt054443
IRS990/PYTotalRevenueAmt0135783
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt026107
IRS990ScheduleA/FactsAndCircumstancesTestTxt0Part III Section A Line 1 Unusual grant 200,000. Date of grant 9/16/2021. Description Cash donation to go towards scholarship funds and special program expenses. The grant follows all 3 of IRS criteria It was attracted by reason of the publicly supported nature of the organization the amount was unusual/unexpected and it would, by reason of its size, adversely affect the status of the organization as normally being publicly supported. Other factors also conclude this is an unusual grant.
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt057281
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Non exhaustible art and memorabilia
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0189
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Part of the organizations mission is to provide support for Jacksonville based museums or similar organizations that allow public access to exhibits and displays of MacMurray College memorabilia, artifacts and archives designed to explain the Colleges history and legacy. All of the memorabilia received came directly from MacMurray College as these items were part of the Colleges museum and historical exhibitions. Therefore, these items have close and direct ties to the organizations exempt function and purpose.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The intended uses of the organizations endowment funds are for scholarships for future college students, the total balance at the end of the year for this purpose is 122,796 and to exclusively to support the programs of the organization and not the regular operating expenses, and includes the total balance at the end of the year for this purpose is 85,997.
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt201000

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