Civic Intelligence

The John Mclendon Minority Leadership

EIN 85-2270846 • 501(c)3 • Westlake, OH

Profile

The john mclendon minority leadership initiatve foundation was formed to provide internship oppurtunities for minorities in collegiate athletics administration and other similiar enterprises for the purpose of advancing the careers of minorities and providing minorities career oppurtunities.

24651 Detroit RoadWestlake, OH 44145

www.nacda.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

Higher debt load relative to revenue than 20% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

37th percentile

-0.7%

Higher net margin than 37% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

38th percentile

-0.1%

Faster asset growth than 38% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

73rd percentile

27%

Faster revenue growth than 73% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,092,860

Down $1,385 (-0.1%) from 2023

Liabilities

Down

$197

Down $1,230 (-86%) from 2023

Net Assets

Down

$1,092,663

Down $155 (-0.0%) from 2023

Revenue

Up

$1,860,993

Up $397,463 (+27%) from 2023

Expenses

Down

$1,873,506

Down $47,916 (-2.5%) from 2023

Net Income

Up

-$12,513

Up $445,379 (+97%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2020: $1,168,500Liabilities 2020: $0Net Assets 2020: $1,168,5002020Assets 2021: $2,081,884Liabilities 2021: $52Net Assets 2021: $2,081,8322021Assets 2022: $1,547,436Liabilities 2022: $33,639Net Assets 2022: $1,513,7972022Assets 2023: $1,094,245Liabilities 2023: $1,427Net Assets 2023: $1,092,8182023Assets 2024: $1,092,860Liabilities 2024: $197Net Assets 2024: $1,092,6632024

Highlighted filing

2024

Assets$1,092,860
Liabilities$197
Net Assets$1,092,663

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2020: $1,369,224Expenses 2020: $200,724Net Income 2020: $1,168,5002020Revenue 2021: $2,490,921Expenses 2021: $1,565,921Net Income 2021: $925,0002021Revenue 2022: $1,349,980Expenses 2022: $1,782,432Net Income 2022: -$432,4522022Revenue 2023: $1,463,530Expenses 2023: $1,921,422Net Income 2023: -$457,8922023Revenue 2024: $1,860,993Expenses 2024: $1,873,506Net Income 2024: -$12,5132024

Highlighted filing

2024

Revenue$1,860,993
Expenses$1,873,506
Net Income-$12,513

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 10, 2023
Return Version
2022v5.0
Gross Receipts
$1,349,980
Mission and Program Overview

Mission

The john mclendon minority leadership initiatve foundation was formed to provide internship oppurtunities for minorities in collegiate athletics administration and other similiar enterprises for the purpose of advancing the careers of minorities and providing minorities career oppurtunities.

The john mclendon minority leadership initiatve foundation was formed to provide internship oppurtunities for minorities in collegiate athletics administration and other similar enterprises for the purpose of advancing the careers of minorities and providing minorities career oppurtunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,272,004$898,779▼ $373,225
Investments Other Securities$809,880$642,407▼ $167,473
Total Assets$2,081,884$1,547,436▼ $534,448
Other Assets Total$0$6,250▲ $6,250
Liabilities
Accounts Payable and Accrued Expenses$52$33,639▲ $33,587
Total Liabilities$52$33,639▲ $33,587
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,081,832$1,513,797▼ $568,035
Total Net Assets Fund Balance$2,081,832$1,513,797▼ $568,035
Total Liabilities and Net Assets / Fund Balance$2,081,884$1,547,436▼ $534,448

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$642,407--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Andrea WilliamsPresident
Cory MossDirector
Dan GuerreroDirector
Erik MosesDirector
Gene SmithDirector
Jacque WilliamsDirector
Kevin AndersonDirector
Lee ReedDirector
Mario MocciaDirector
Marissa RobinsonDirector
Martin JarmondDirector
Mike WilcoxDirector
Warde ManuelDirector
Dell RobinsionSecretary
Robert VecchioneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,318,772
Program Service Revenue
$0
Investment Income
$31,208
Other Revenue
$0
All Other Contributions
$1,318,772
Change in Net Assets
$-432,452
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,326,061
Other Expenses$456,371
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,326,061--$1,326,061
Fees for Services Legal-$220,864-$220,864
Conferences and Meetings-$177,574-$177,574
Fees for Services Management-$50,000-$50,000
Fees for Service Investment Mgmnt Fees-$3,098-$3,098
Fees for Services Accounting-$2,508-$2,508
Fees for Services Other-$750-$750
Insurance-$509-$509
Information Technology-$162-$162
Other Expenses-$43-$43
Total Functional Expenses$1,326,061$456,371$0$1,782,432
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
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
No
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 990 is prepared by an independent cpa firm. Although the officers and directors of the john mclendon minority leadership initiative foundation routinely review the financial statements upon which this form 990 is based, only certain officers of the john mclendon foundation and its management company review the form 990 itself.

Form 990, Part VI, Section C, Line 19

The john mclendon foundation makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The John Mclendon Minority Leadership
EIN
85-2270846
Phone
2166217860
Address
24651 DETROIT ROAD, WESTLAKE, OH 44145
Doing Business As
Mmlif

Signing Officer

Name
Robert Vecchione
Title
CEO
Phone
4408924000
Signed
2023-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick a Manak
Formed
2020
Legal Domicile
Oh
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
0

Preparer

Firm
Card Palmer Sibbison & Co
Address
4545 HINCKLEY PARKWAY, CLEVELAND, OH 44109-6009
Preparer
Daniel S Gibel CPA
Phone
2166216100
Raw XML AppendixShowing 400 of 427 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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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt021871
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt053079
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt031208
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt021871
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt053079
IRS990ScheduleA/InvestmentIncomeCYPct00.01020
IRS990ScheduleA/InvestmentIncomePYPct00.00570
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98980
IRS990ScheduleA/PublicSupportPY509Pct00.99430
IRS990ScheduleA/PublicSupportTotal509Amt05157046
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01318772
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02469050
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01369224
IRS990ScheduleA/Total509Grp/TotalAmt05157046
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01349980
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02490921
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01369224
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05210125
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0642407
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CETERA INVESTMENT PURCH/DIV/INT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0642407
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt01326061
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0EMPLOYMENT STIPENDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt092
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0FUNDS ARE RECEIVED BY THE FOUNDATION TO FULLY FUND A POSITION AT AN INSTITUTION THAT WILL ALLOW A MINORITY STUDENT TO GAIN EXPERIENCE WORKING IN COLLEGIATE ATHLETICS OR ANOTHER SIMILAR ENTERPRISE. RECRUITMENT EFFORTS ARE HANDLED BY A SEARCH FIRM THAT SCREENS ALL OF THE APPLICANTS AND SENDS THEM TO THE INSTITUTION TO INTERVIEW. ONCE A CANDIDATE IS SELECTED, AN OFFER LETTER IS SENT DETAILING THE FINANCIAL PARTICULARS AND DURATION OF THE ASSIGNMENT. TYPICAL ASSIGNMENTS LAST A SCHOOL YEAR, BUT SOME MAY BE LONGER. LEFTOVER FUNDS (IF ANY) WOULD BE UTILIZED FOR ANOTHER POSITION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III LINE 1
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE STAFF ADMINISTRATOR OF MMLIF IS AN EMPLOYEE OF DIRECTORS COMMERCIAL CORPORATION (DCC), A WHOLLY OWNED SUBSIDIARY OF THE NATIONAL ASSOCIATION OF COLLEGIATE DIRECTORS OF ATHLETICS (NACDA). ONE OF THEIR DUTIES AT DCC IS TO PROVIDE ORGANIZATIONAL ASSISTANCE TO MMLIF. FOR THIS AND OTHER SERVICES, MMLIF PAYS DCC AN ANNUAL MANAGEMENT FEE OF $50,000.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS PREPARED BY AN INDEPENDENT CPA FIRM. ALTHOUGH THE OFFICERS AND DIRECTORS OF THE JOHN MCLENDON MINORITY LEADERSHIP INITIATIVE FOUNDATION ROUTINELY REVIEW THE FINANCIAL STATEMENTS UPON WHICH THIS FORM 990 IS BASED, ONLY CERTAIN OFFICERS OF THE JOHN MCLENDON FOUNDATION AND ITS MANAGEMENT COMPANY REVIEW THE FORM 990 ITSELF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE JOHN MCLENDON FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02081884
IRS990/TotalAssetsEOYAmt01547436
IRS990/TotalAssetsGrp/BOYAmt02081884
IRS990/TotalAssetsGrp/EOYAmt01547436
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01318772
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0456371
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01326061
IRS990/TotalFunctionalExpensesGrp/TotalAmt01782432
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt052
IRS990/TotalLiabilitiesEOYAmt033639
IRS990/TotalLiabilitiesGrp/BOYAmt052
IRS990/TotalLiabilitiesGrp/EOYAmt033639
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02081832
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01513797
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01326061
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt031208
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01349980
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02081884
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01547436
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt024651 DETROIT ROAD
IRS990/USAddress/CityNm0WESTLAKE
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044145
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0WWW.NACDA.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT VECCHIONE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO

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