Bernie Mac Foundation Inc
- Assets
- $12.4k
- Revenue
- $97.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Crown Point, IN
- Founding
- 03/2007
- Data as of
- 12/2021
- EIN
- 35-2265899
Organization Overview
Bernie Mac Foundation Inc is located in Crown Point, IN. The organization was established in 2007. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bernie Mac 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 12/2021, Bernie Mac Foundation Inc generated $97.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $122.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rhonda R Mccullough-Gilmore President & CEO | 2 | $0 | |
Dennis J Irvin Vice President | 1 | $0 | |
Edward A Williams Director | 1 | $0 | |
Antonio R Guillen Director | 1 | $0 | |
Douglas T Gaines Treasurer | 1 | $0 | |
Walter P Turner III Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $88,989 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | -$7,000 |
| Other Income | $15,708 |
| Total Revenue | $97,697 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $77,950 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,378 |
| Depreciation | $0 |
| Occupancy | $10,522 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,505 |
| Total operating and administrative expenses | $117,878 |
| Contributions, gifts, grants paid | $5,000 |
| Total expenses and disbursements | $122,878 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,445 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,445 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $58,548 |
| Other liabilities | $0 |
| Total liabilities | $58,548 |
Grants Awarded
Over the last fiscal year, Bernie Mac Foundation Inc has awarded $610 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ORRINGTON INSTITUTE FOUNDATION PURPOSE: SUPPORT MISSION | $500 |
NEW SPIRITUAL LIGHT MB CHURCH PURPOSE: SUPPORT MISSION | $110 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Members Credit Union Indianapolis, IN | $2,918,005,380 | $115,174,004 |
Goodwill Industries Of North Central Wisc Inc Menasha, WI | $88,771,633 | $81,283,932 |
Childrens Home & Aid Society Of Illinois Chicago, IL | $55,063,389 | $78,192,284 |
Lutheran Social Services Of Illinois Des Plaines, IL | $62,918,656 | $74,591,812 |
Dismas Charities Inc Louisville, KY | $50,549,022 | $73,995,842 |
Community Advocates Inc Milwaukee, WI | $18,692,383 | $54,333,478 |
Lutheran Social Services Of Wisconsin And Upper Michigan West Allis, WI | $89,212,422 | $59,977,625 |
Ada S Mckinley Community Services Inc Chicago, IL | $17,309,260 | $43,710,701 |
Audubon Area Community Services Inc Owensboro, KY | $41,933,406 | $49,214,124 |
Christian Social Service Of Illinois Belleville, IL | $18,359,176 | $39,517,456 |
Lifeline Youth & Family Services Inc Fort Wayne, IN | $15,628,659 | $38,083,955 |
Chicago Commons Association Chicago, IL | $18,778,773 | $34,368,248 |