Marc Foundation Of Dane County Inc
- Assets
- $2.6m
- Revenue
- $117.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 06/1994
- Data as of
- 12/2021
- EIN
- 39-1660939
Organization Overview
Marc Foundation Of Dane County Inc is located in Madison, WI. The organization was established in 1994. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, 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. Marc Foundation Of Dane County 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, Marc Foundation Of Dane County Inc generated $117.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $120.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MARC FOUNDATION OF DANE COUNTY PROVIDES FINANCIAL SUPPORT TO THE PROGRAMS PROVIDED BY MADISON AREA REHABILITATION CENTERS, INC. (DBA MARC, INC.) TO ADULTS WITH DEVELOPMENTAL AND INTELLECTUAL DISABILITIES THROUGHOUT DANE COUNTY AND PART OF SAUK COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REPRESENTS LEASE REVENUES AND INTEREST AND DEPRECIATION EXPENSES OF THE MARC FOUNDATION OF DANE COUNTY RELATED TO THE LEASE OF BUILDINGS TO MARC, INC. TO BE USED IN SUPPORT OF VARIOUS PROGRAMS FOR SOME OF THE MORE THAN 375 ADULTS WITH DEVELOPMENTAL DISABILITIES IN THE VARIOUS MARC, INC. PROGRAMS THROUGHOUT 6 LOCATIONS IN DANE COUNTY AS WELL AS A PROGRAM IN SAUK COUNTY, WI. ONE OF THE IMPORTANT OBJECTIVES OF THE MARC PROGRAMS IS TO ASSURE THAT THOSE ADULTS ARE MORE FULLY INTEGRATED INTO THE COMMUNITY BY ACTIVELY PARTICIPATING IN ACTIVITIES OUTSIDE OF THE VARIOUS MARC FACILITIES. WITH FINANCIAL SUPPORT FOR ADULTS IN MARC PROGRAMS OFTEN TIMES LAGGING NEEDS, MARC FOUNDATION OF DANE COUNTY'S SUPPORT IS CRUCIAL TO MARC'S ABILITY TO NOT ONLY PROVIDE, BUT ALSO TO ELEVATE PROGRAMS AND FULL COMMUNITY INTEGRATION ON BEHALF OF MARC, INC PARTICIPANTS. THE PROGRAMS INCLUDE DAY CARE SERVICES, RETIREMENT ARTS PROGRAMS, MICRO-ENTERPRISE BUSINESS DEVELOPMENT, AND SUPPORTED EMPLOYMENT OPPORTUNITIES THROUGHOUT ALL OF DANE COUNTY AND PARTS OF SAUK COUNTY. COVID RESTRICTIONS CONTINUED TO MAKE IT DIFFICULT TO BRING ALL PROGRAMS BACK TO THEIR PRE-COVID LEVELS.
MARC FOUNDATION OF DANE COUNTY PROVIDES FUNDING FOR EMPLOYEE RECOGNITION AWARDS AT THE MARC ANNUAL RECOGNITION EVENT. THERE ARE FOUR SUCH AWARDS; ONE ANNUALLY AND THREE PRESENTED IN ALTERNATE YEARS. THE FUNDING IS PROVIDED VIA AN ANNUAL GRANT TO MARC AND COMES FROM RESTRICTED FUNDS AT THE MARC FOUNDATION OF DANE COUNTY. IN YEARS WITHOUT COVID RESTRICTIONS THE ANNUAL RECOGNITION EVENT HAS CONSISTED OF AN ANNUAL BANQUET THAT ALSO RECOGNIZES LOCAL BUSINESSES WHO HIRE MARC PROGRAM PARTICIPANTS AS WELL OTHER MARC EMPLOYEES WITH LONGEVITY AND VOLUNTEERS. THE FOUNDATION ALSO, ON OCCASION, ACKNOWLEDGES ALL MARC EMPLOYEE EFFORTS THROUGH AN ANNUAL "THANK YOU" THAT OFTEN INCLUDES A FINANCIAL APPRECIATION AND/OR COMMUNITY OUTING EVENT THANK YOU. THIS IS ALSO DONE THROUGH A GRANT TO MARC. WHILE THE BANQUET ACTIVITY WAS CURTAILED, THE MARC FOUNDATION OF DANE COUNTY SHARES THE COST OF THE "THANK YOU" WITH MARC VIA THE GRANT.
CONSISTS LARGELY OF MISCELLANEOUS EXPENSES RELATED TO SUPPORTING PROGRAM SERVICES SUCH AS DUES AND SUBSCRIPTIONS, SUPPLIES, ADMINISTRATIVE FEES, AND ACCOUNTING FEES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barb Stransky CPA Secretary | OfficerTrustee | 0.5 | $0 |
Jean Christensen CPA Treasurer | OfficerTrustee | 0.5 | $0 |
Michael Lawton President | OfficerTrustee | 0.5 | $0 |
Tommy Farrell Board Member | Trustee | 0.5 | $0 |
Linda Nelson Board Member | Trustee | 0.5 | $0 |
Suzanne Hanson Ex-Officio/asst. Secretary | Trustee | 0.5 | $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 | $19,049 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,049 |
| Total Program Service Revenue | $90,308 |
| Investment income | $6,990 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $700 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $117,047 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $37,153 |
| 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 | $1,100 |
| 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 | $17,061 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $60,461 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $120,042 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,156 |
| Savings and temporary cash investments | $625,135 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $112,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $10,844 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,236,081 |
| Investments—publicly traded securities | $412,247 |
| Investments—other securities | $0 |
| Investments—program-related | $174,092 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,573,555 |
| 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 | $439,548 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $439,548 |
| Net assets without donor restrictions | $2,035,437 |
| Net assets with donor restrictions | $98,570 |
| 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 | $2,573,555 |
Grants Awarded
Over the last fiscal year, Marc Foundation Of Dane County Inc has awarded $37,153 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Madison, WI PURPOSE: CONTRIBUTION FROM FOUNDATION FALL FUND DRIVE FOR CLIENT SUPPORT. | $20,000 |
Madison, WI PURPOSE: FDN. CONTRIBUTION TOWARDS MARC EMPLOYEE THANK YOU FOR 2021 & THREE $1K EMPLOYEE RECOGNITION AWARDS FOR OUTSTANDING SERVICES. | $17,153 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Marc Foundation Of Dane County Inc has recieved totaling $163.
| Awarding Organization | Amount |
|---|---|
Alliant Energy Foundation Inc Madison, WI PURPOSE: MATCHING GIFTS | $130 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $33 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Macomb Oakland Regional Center Inc Clinton Township, MI | $34,712,756 | $87,127,217 |
Rosecrance Inc Rockford, IL | $86,180,732 | $66,976,100 |
Hope Haven Incorporated Rock Valley, IA | $37,686,994 | $51,176,008 |
Cornerstone Service Inc Joliet, IL | $39,737,270 | $40,769,202 |
Community Action Partnership Of Ramsey And Washington Counties St Paul, MN | $9,911,180 | $29,699,543 |
Newcap Inc Oconto, WI | $18,167,211 | $33,388,655 |
Mental Health Resources Inc St Paul, MN | $13,320,829 | $27,036,443 |
Life Circles Muskegon, MI | $20,352,108 | $31,605,005 |
Independence First Inc Milwaukee, WI | $17,159,948 | $27,006,891 |
Mainstream Living Inc Stuart Ambrose Ames, IA | $14,812,634 | $26,461,263 |
Kreider Services Inc Dixon, IL | $7,634,045 | $20,356,792 |
Training & Treatment Innovations Inc Oxford, MI | $4,219,988 | $19,202,444 |