Map Foundation Inc
- Assets
- $4.8m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 12/2007
- Data as of
- 03/2022
- EIN
- 26-0248390
Organization Overview
Map Foundation Inc is located in Lexington, KY. The organization was established in 2007. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Map Foundation Inc 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 03/2022, Map Foundation Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.9% each year . All expenses for the organization totaled $847.5k during the year ending 03/2022. While expenses have increased by 26.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Map Foundation Inc has awarded 42 individual grants totaling $1,989,249. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT TO PROGRAMS THAT BENEFIT YOUNG PEOPLE BY SUPPLYING ONGOING OPPORTUNITIES FOR MENTORING AS WELL AS THE DEVELOPMENT OF WELL ROUNDED INDIVIDUALS WHO WILL BE OF BENEFIT TO OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUED SUPPORT OF KENTUCKY CHILDREN'S HOSPITAL AND OTHER CHARITIES
SUPPORT OF LIONSGATE MINISTRIES,THE WOODHILL COMMUNITY CENTER AND THE FATHERHOOD INITIATIVE FACILITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Avare Chairman | OfficerTrustee | 5 | $0 |
Jamal Mashburn Vice President | OfficerTrustee | 1 | $0 |
Karen Boens Secretary | OfficerTrustee | 5 | $0 |
Ralph Currie Treasurer | OfficerTrustee | 2 | $0 |
James Richardson Director | Trustee | 1 | $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 | $591,205 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $591,205 |
| Total Program Service Revenue | $0 |
| Investment income | $61 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $124,558 |
| Net Income from Gaming Activities | $369,096 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,084,920 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $847,540 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $847,540 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $379,147 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,404,685 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,783,832 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,012,140 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,012,140 |
| Net assets without donor restrictions | $2,771,692 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,783,832 |
Grants Awarded
Over the last fiscal year, Map Foundation Inc has awarded $847,540 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
KENTUCKY CHILDRENS HOSPITAL PURPOSE: RENOVATION OF CHILDREN'S WARD | $250,109 |
LEXINGTON LEADERSHIP FOUNDATI PURPOSE: GENERAL NEEDS, PROPERTY COSTS | $236,195 |
LIONSGATE MINISTRIES PURPOSE: PROPERTY COSTS, TRAVEL ASSISTANCE | $116,890 |
Kansas City, MO PURPOSE: INDIVIDUAL SPONSORSHIP/CABIN VIL | $85,000 |
Tacoma, WA | | $78,000 |
ATHLETES IN ACTION | | | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Map Foundation Inc has recieved totaling $7,012.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $6,000 |
Chris T Sullivan Foundation Inc Tampa, FL PURPOSE: TO SUPPORT CHARITABLE ACTIVITIES FOR UNDERPRIVILEGED AND AT-RISK CHILDREN | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Community Foundation Of Memphis And The Mid-South Inc Memphis, TN | $205,748,037 | $85,831,682 |
The Community Foundation Inc Richmond, VA | $859,349,771 | $152,790,051 |
Central Indiana Community Foundation Inc Indianapolis, IN | $548,109,976 | $56,175,018 |
The Community Foundation Of Louisville Inc Louisville, KY | $675,486,716 | $70,628,491 |
Dayton Foundation Dayton, OH | $614,105,736 | $82,530,515 |
Charlottesville Area Community Foundation Charlottesville, VA | $339,690,669 | $77,610,040 |
Elks National Foundation Inc Chicago, IL | $936,472,552 | $62,047,958 |
Hampton Roads Community Foundation Norfolk, VA | $431,066,210 | $16,919,172 |
Chattanooga Christian Community Foundation Chattanooga, TN | $107,861,272 | $37,732,736 |
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN | $242,437,300 | $52,106,763 |
Akron Community Foundation Akron, OH | $274,088,705 | $39,277,326 |
Dayton Foundation Depository Dayton, OH | $38,449,497 | $25,927,776 |