Carl Malone Foundation Inc

Organization Overview

Carl Malone Foundation Inc, operating under the name Mercy's Door I Ii And Iii, is located in Cleveland, TN. The organization was established in 2007. According to its NTEE Classification (P32) the organization is classified as: Foster Care, under the broad grouping of Human Services and related organizations. As of 12/2022, Mercy's Door I Ii And Iii employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mercy's Door I Ii And Iii is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Mercy's Door I Ii And Iii generated $106.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (24.1%) each year. All expenses for the organization totaled $110.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (23.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION OPERATES HOMES IN DALTON, GA THAT SERVE AT RISK YOUTH AGES 6 TO 17 WHO HAVE BEEN ABUSED, NEGLECTED, ABANDONED, HOMELESS OR VICTIMIZED BY THEIR PARENTS AND FAMILY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION OPERATES HOMES IN DALTON, GEORGIA. THESE HOMES SERVE AT RISK YOUTH AGES 6 TO 17 WHO HAVE BEEN ABUSED, NEGLECTED, ABANDONED, HOMELESS OR VICTIMIZED BY THEIR PARENTS AND FAMILY. IT HAS RECEIVED LICENSURE WITH THE STATE OF GEORGIA INCLUDING APPROVAL BY STATE AGENCIES SUCH AS DFCS AND DJJ.


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Board, Officers & Key Employees

Name (title)Compensation
Randall Malone
Ceo/president
$0
Carl Malone
CFO
$0
Rick Patton
Member
$0
Dr Brian Kim
Member
$0
Senator Chuck Payne
Member
$0
Kelli Suits
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$100,469
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $106,311

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