Friends of MACC
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$167,000.00
Projected Expenses
$196,918.00
Organizational Budgets and Other Documents
FOM Budget 2023 | 2023 |
Friends of MACC Projected Budget | 2022 |
IRS Letter of Exemption
Friends of MACC IRS Refiling | 2021 |
Detailed Financials
Revenue and Expenses
Fiscal Year | 2022 | 2021 | 2020 |
---|---|---|---|
Total Revenue | $189,322.00 | $99,681.00 | |
Total Expenses | $170,207.00 | $77,977.00 | |
Revenue Less Expenses | $19,115.00 | ($-0.00) | $21,704.00 |
Revenue Sources
Fiscal Year | 2022 | 2021 | 2020 |
---|---|---|---|
Foundation and Corporation Contributions | $0.00 | $0.00 | |
Government - Federal | $0.00 | $0.00 | |
Government - State | $0.00 | $0.00 | |
Government - Local | $0.00 | $0.00 | |
Government - Unspecified | $0.00 | $0.00 | |
Contributions, Gifts, and Grants | $189,322.00 | $99,681.00 | |
Indirect Public Support | $0.00 | $0.00 | |
Earned Revenue | $0.00 | $0.00 | |
Investment Income, Net of Losses | $0.00 | $0.00 | |
Membership Dues | $0.00 | $0.00 | |
Special Events | $0.00 | $0.00 | |
Revenue In-Kind | $0.00 | $0.00 | |
Other | $0.00 | $0.00 |
Expense Allocation
Fiscal Year | 2022 | 2021 | 2020 |
---|---|---|---|
Program Expense | $132,268.00 | $67,511.00 | |
Administration Expense | $37,939.00 | $10,466.00 | |
Fundraising Expense | $0.00 | $0.00 | |
Total Revenue/Total Expenses | 111% | 128% | |
Program Expense/Total Expenses | 78% | 87% | |
Fundraising Expense/Contributed Revenue | 0% | 0% |
Top Funding Sources
Fiscal Year | 2022 | 2021 | 2020 |
---|---|---|---|
Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $189,322.00 | $0.00 | Contributions, Gifts, and Grants $99,681.00 |
Second Highest Funding Source & Dollar Amount | $0.00 | $0.00 | $0.00 |
Third Highest Funding Source & Dollar Amount | $0.00 | $0.00 | $0.00 |
Assets and Liabilities
Fiscal Year | 2022 | 2021 | 2020 |
---|---|---|---|
Total Assets | $103,862.00 | $56,494.00 | |
Current Assets | $99,650.00 | $50,512.00 | |
Long-Term Liabilities | $0.00 | $0.00 | |
Current Liabilities | $0.00 | $0.00 | |
Total Net Assets | $103,862.00 | $56,494.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Friends of MACC 990 EZ | 2022 |
Friends of MACC EZ | 2021 |
Friends of MACC 990 PF | 2020 |
Friends of MACC 990 PF | 2019 |
Audit Documents
No audit documents are available at this time
CEO/Executive Director/Board Comments
We are currently making plans to identify ways to increase passive giving (i.e social media fundraising, Amazon Smile, matching funds, etc.) and to increase corporate donations. We've seen growing numbers of individual donors and had success with fundraising events even with the challenges presented by COVID. We use non-profit accounting and donor management software that will allow us to remind donors of passive giving opportunities. Our February board meeting will focus on fund raising and increasing corporate giving. |
Foundation Staff Comments
Financial figures taken from Form 990EZ only. Form 990EZ was prepared internally by nonprofit. Foundation or corporate grants may be included in Contributions, Gifts, and Grants sum, as these amounts are not separated in the 990EZ. Specific breakdown of expenses into Program, Administration and Fundraising categories is unavailable, as the 990EZ does not provide this information. Comments provided by Hayley Sulfridge 8/14/23. |