Civic Intelligence

Macmurray Foundation & Alumni Association Nfp

990 • Fiscal year 2023 • EIN 85-0993489

May 01, 2022 to Apr 30, 2023 • Filed on Mar 13, 2024

PO Box 47Jacksonville, IL 62651

(815) 954-3433

Siviq Scores

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

Liabilities / Assets

69th percentile

0.11x

Higher debt load relative to assets than 69% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

82nd percentile

0.32x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

72nd percentile

18%

Higher net margin than 72% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

65th percentile

11%

Faster asset growth than 65% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

5th percentile

-57%

Faster revenue growth than 5% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$517,856

Up $51,090 (+11%) from 2022

Net Assets

Up

$458,582

Up $33,825 (+8.0%) from 2022

Liabilities

Up

$59,274

Up $17,265 (+41%) from 2022

Revenue

Down

$183,890

Down $243,594 (-57%) from 2022

Expenses

Up

$150,065

Up $65,998 (+79%) from 2022

Net Income

Down

$33,825

Down $309,592 (-90%) from 2022

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

2023

Assets$517,856
Liabilities$59,274
Net Assets$458,582

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

2023

Revenue$183,890
Expenses$150,065
Net Income$33,825
Jump To
Filing Snapshot
Filing Period
May 1, 2022 to Apr 30, 2023
Signed
Mar 13, 2024
Return Version
2022v5.0
Gross Receipts
$201,617
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$331,349$336,585▲ $5,236
Savings and Temporary Cash Investments$26,107$77,214▲ $51,107
Cash and Non-Interest-Bearing Accounts$50,218$40,651▼ $9,567
Land, Buildings, and Equipment, Net$1,811$1,678▼ $133
Total Assets$466,766$517,856▲ $51,090
Other Assets Total$57,281$61,728▲ $4,447
Liabilities
Grants Payable$39,000$56,000▲ $17,000
Accounts Payable and Accrued Expenses$3,009$3,274▲ $265
Total Liabilities$42,009$59,274▲ $17,265
Net Assets / Fund Balance
Net Assets With Donor Restrictions$255,289$237,507▼ $17,782
Net Assets Without Donor Restrictions$169,468$221,075▲ $51,607
Total Net Assets Fund Balance$424,757$458,582▲ $33,825
Total Liabilities and Net Assets / Fund Balance$466,766$517,856▲ $51,090

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,678$322$2,000
Other Assets Org$61,728--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$208,793$5,956▼ $11,143-$197,106
2022$22,000$218,423▼ $25,529$101$208,793
2021-$23,000--$22,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
David EkinChair
Sandra WatsonVice Chair
Allen CroessmannDirector
Deborah TruebloodDirector
Patricia Doyle-GraceDirector
Richard LarenDirector
Tiffany WarmowskiDirector
William StantonDirector
Elizabeth PriceAssistant Secretary
Malea HarneyAssistant Treasurer
Sharon MatherSecretary
Tammy RustTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$167,079
Program Service Revenue
$3,843
Investment Income
$12,968
Other Revenue
$0
All Other Contributions
$167,079
Change in Net Assets
$33,825

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Works of Art1$200Cost
Total Noncash Contributions1$200-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$94,065
Grants and Similar Amounts Paid$56,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$56,000--$56,000
Fees for Services Accounting-$12,733-$12,733
Information Technology$5,500--$5,500
Office Expenses-$3,751-$3,751
Insurance$2,356$758-$3,114
Other Expenses$620--$620
Fees for Service Investment Mgmnt Fees-$371-$371
Depreciation Depletion$133--$133
Fees for Services Legal-$125-$125
Total Functional Expenses$132,327$17,738$0$150,065
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
Yes
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 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 19

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.

Form 990, Part VI, Section A, Line 4

The organization updated its bylaws by passing an amendment rewording their purpose as listed in Article II. The purpose of the organization is listed out, as amended in their bylaws as part of Schedule O above in the explanation of Part III, Line 1.

Filing and Contact Details

Filer

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

Signing Officer

Name
Tammy Rust
Title
Treasurer
Signed
2024-03-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tammy Rust
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
620 W State St, 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 institutions of higher education with a focus on continuing the legacy of MacMurray College to provide grants to Internal Revenue Service designated 501c3 not-for-profit organizations in Illinois 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 111,483 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 85,623.

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IRS990/OtherAssetsTotalGrp/EOYAmt061728
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Alumni events
IRS990/OtherExpensesGrp/Desc1Direct - data, internet, phone, mailings
IRS990/OtherExpensesGrp/Desc2Museum expenses
IRS990/OtherExpensesGrp/Desc3Dues and subscriptions and similar expenses
IRS990/OtherExpensesGrp/ProgramServicesAmt028882
IRS990/OtherExpensesGrp/ProgramServicesAmt112405
IRS990/OtherExpensesGrp/ProgramServicesAmt226431
IRS990/OtherExpensesGrp/ProgramServicesAmt3620
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IRS990/OtherExpensesGrp/TotalAmt112405
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IRS990/OtherExpensesGrp/TotalAmt3620
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IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Tammy Rust
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Alumni events and functions
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03843
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03843
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/ExpenseAmt028920
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt013176
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/RevenueAmt021853
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IRS990/PYOtherExpensesAmt044152
IRS990/PYProgramServiceRevenueAmt03813
IRS990/PYRevenuesLessExpensesAmt0343417
IRS990/PYSalariesCompEmpBnftPaidAmt0915
IRS990/PYTotalExpensesAmt084067
IRS990/PYTotalRevenueAmt0427484
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IRS990/ReconcilationRevenueExpnssAmt033825
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt062978
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt026107
IRS990/SavingsAndTempCashInvstGrp/EOYAmt077214
IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0134735
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt07656
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt015768
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01048
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0135783
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0554452
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IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt063728
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/RevenuesIncludedAmt02200
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.13000
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0208793
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt05956
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0197106
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt06500
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-11143
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt022000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0218423
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt01000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt061728
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Non exhaustible art and memorabilia
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01678
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0322
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02000
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 111,483 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 85,623.
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IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1V 4
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt01678
IRS990ScheduleD/TotalBookValueOtherAssetsAmt061728
IRS990ScheduleI/GrantRecordsMaintainedInd0true
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt11500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt21500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt31500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt41500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt51500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt61500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt71500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt81500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt91500

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