Mc Foundation Inc
- Assets
- $88.2k
- Revenue
- $105.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Atlanta, GA
- Founding
- 08/2011
- Data as of
- 12/2020
- EIN
- 27-4432543
Organization Overview
Mc Foundation Inc, operating under the name Mission Movement Corps, is located in Atlanta, GA. The organization was established in 2011. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2020, Mission Movement Corps employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mission Movement Corps 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 12/2020, Mission Movement Corps generated $105.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (29.4%) each year. All expenses for the organization totaled $264.8k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SPREADING THE GOOD NEWS OF THE GOSPEL OF JESUS CHRIST IN VENUES OUTSIDE THE WALLS OF THE CHURCHES IS THE MISSION OF THE MC FOUNDATION, INC. YOUTH AND YOUNG ADULTS WHO PARTICIPATE IN MASTER'S COMMISION CHRISTIAN LEADERSHIP AND MISSION TRAINING AROUND THE COUNTRY HAVE AN OPPORTUNITY WITH THE MC FOUNDATION, INC. TO REACH PEOPLE FOR CHRIST AT VARIOUS SPORTING EVENTS, CORPORATE DINNERS, LARGE CORPORATE EVENTS AND OTHER SECULAR EVENTS. THESE YOUTH AND YOUNG ADULTS VOLUNTEER AT THESE EVENTS TO SHARE THE GOSPEL OF JESUS CHRIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH AND YOUNG ADULTS WHO PARTICIPATE IN MASTER'S COMMISION CHRISTIAL LEADERSHIP AND MISSION TRAINING AROUND THE COUNTRY HAVE AN OPPORTUNITY WITH THE MC FOUNDATION, INC. TO REACH PEOPLE FOR CHRIST AT VARIOUS SPORTING EVENTS, CORPORATE DINNERS, LARGE CORPORATE EVENTS AND OTHER SECULAR EVENTS. THESE YOUTH AND YOUNG ADULTS VOLUNTEER AT THESE EVENTS TO SHARE THE GOSPEL OF JESUS CHRIST.
YOUTH AND YOUNG ADULTS WHO PARTICIPATE IN MASTER'S COMMISION CHRISTIAL LEADERSHIP AND MISSION TRAINING AROUND THE COUNTRY HAVE AN OPPORTUNITY WITH THE MC FOUNDATION, INC. TO REACH PEOPLE FOR CHRIST AT VARIOUS SPORTING EVENTS, CORPORATE DINNERS, LARGE CORPORATE EVENTS AND OTHER SECULAR EVENTS. THESE YOUTH AND YOUNG ADULTS VOLUNTEER AT THESE EVENTS TO SHARE THE GOSPEL OF JESUS CHRIST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Palmer President | OfficerTrustee | 20 | $35,720 |
Mike Goldstone Treasurer | OfficerTrustee | 5 | $0 |
Robby Anderson Secretary | OfficerTrustee | 5 | $0 |
Paul Palmer Director | Trustee | 5 | $0 |
Hayes Freeman Director | Trustee | 5 | $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 | $105,179 |
| 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 | $105,179 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $35,720 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $148,560 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,869 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $330 |
| Fees for services: Accounting | $1,865 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,125 |
| Advertising and promotion | $720 |
| Office expenses | $243 |
| Information technology | $912 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,740 |
| 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 | $7,723 |
| All other expenses | $58 |
| Total functional expenses | $264,767 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,621 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $27,645 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $55,893 |
| Total assets | $88,159 |
| Accounts payable and accrued expenses | $74,570 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $74,570 |
| Net assets without donor restrictions | $13,589 |
| 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 | $88,159 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mc Foundation Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Medserve Foundation Inc Rockville, MD PURPOSE: SOCIAL | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Rethink Group Inc Cumming, GA | $5,968,451 | $26,130,363 |
Vision Baptist Missions Inc Alpharetta, GA | $4,755,365 | $10,893,530 |
Cbmc Inc Chattanooga, TN | $8,634,915 | $10,793,711 |
World Outreach Ministries Inc Kennesaw, GA | $2,301,447 | $10,553,778 |
Lutheran Home - Forsyth County Inc Salisbury, NC | $3,585,984 | $11,789,990 |
Timothy Initiative Inc Raleigh, NC | $25,869,697 | $20,418,173 |
City Of Refuge Inc Atlanta, GA | $18,578,795 | $9,135,404 |
Living On The Edge With Chip Ingram Duluth, GA | $7,733,886 | $10,860,458 |
Teen Challenge Job Training Inc Columbus, GA | $2,036,662 | $7,928,506 |
Mercy Multiplied America Inc Nashville, TN | $15,008,837 | $12,307,052 |
Outreach Foundation Of The Presbyterian Church Inc Franklin, TN | $10,682,704 | $9,066,746 |
Epworth By The Sea Inc St Simons Island, GA | $22,098,975 | $11,861,370 |