Johnny Mac Soldiers Fund Inc
- Assets
- $3.6m
- Revenue
- $5.2m
- Investments
- $250.0k
- Employees
- 1
- Location
- Ashburn, VA
- Founding
- 10/2014
- Data as of
- 12/2021
- EIN
- 46-5368055
Organization Overview
Johnny Mac Soldiers Fund Inc is located in Ashburn, VA. The organization was established in 2014. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, 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. Johnny Mac Soldiers Fund 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, Johnny Mac Soldiers Fund Inc generated $5.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $5.0m during the year ending 12/2021. While expenses have increased by 14.3% 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 2016, Johnny Mac Soldiers Fund Inc has awarded 74 individual grants totaling $26,508,000. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP SOLDIERS AND THEIR FAMILIES BY PROVIDING FINANCIAL ASSISTANCE IN ORDER FOR THEM TO FURTHER THEIR EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE JOHNNY MAC SOLDIERS FUND, INC. IS COMMITTED TO PROVIDING SUPPORT TO VETERANS BY PROVIDING ASSISTANCE WITH COLLEGE SCHOLARSHIPS AND GRANTS, FINANCIAL AID FOR PROFESSIONAL CERTIFICATION PROGRAMS AND NON-DEGREE PROGRAMS, AND EDUCATIONAL CAREER COUNSELING AND MENTORSHIP. IN LIGHT OF THIS MISSION, JOHNNY MAC SOLDIERS FUND, INC. GAVE GRANTS TO OTHER LIKE-MINDED ORGANIZATIONS WITH THE RESTRICTION THAT THE GRANTS BE USED TO FUND THE AFOREMENTIONED PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maryellen Picciuto President | OfficerTrustee | 40 | $232,917 |
James Hoyt Treasurer/clerk | OfficerTrustee | 2 | $0 |
Joseph Depinto Director | Trustee | 1 | $0 |
Anthony Guzzi Director | Trustee | 2 | $0 |
Victor Losure Director | Trustee | 1 | $0 |
James Diorio Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,230,932 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,654,687 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,885,619 |
| Total Program Service Revenue | $0 |
| Investment income | $3,047 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $330,082 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,224,033 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,600,000 |
| 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. | $287,397 |
| Compensation of current officers, directors, key employees. | $57,479 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,230 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $32,736 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,500 |
| Advertising and promotion | $4,921 |
| Office expenses | $54,099 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,967 |
| 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 | $4,642 |
| All other expenses | $0 |
| Total functional expenses | $5,029,178 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,843,962 |
| Savings and temporary cash investments | $549,855 |
| Pledges and grants receivable | $882,543 |
| Accounts receivable, net | $4,370 |
| 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 | $69,177 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $250,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,599,907 |
| Accounts payable and accrued expenses | $78,250 |
| 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 | $78,250 |
| Net assets without donor restrictions | $3,521,657 |
| 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 | $3,599,907 |
Grants Awarded
Over the last fiscal year, Johnny Mac Soldiers Fund Inc has awarded $4,600,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Dulles, VA PURPOSE: EDUCATIONAL ASSISTANCE | $1,250,000 |
Washington, DC PURPOSE: EDUCATIONAL ASSISTANCE | $1,250,000 |
Owasso, OK PURPOSE: EDUCATIONAL ASSISTANCE | $1,250,000 |
Arlington, VA PURPOSE: EDUCATIONAL ASSISTANCE | $400,000 |
Overland Park, KS PURPOSE: CHARITY | $100,000 |
Bozeman, MT PURPOSE: EDUCATIONAL ASSISTANCE | $100,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Johnny Mac Soldiers Fund Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Ronald And Vicki Canakaris Family Foundation Inc Atlanta, GA PURPOSE: CHARITABLE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Camber Foundation Durham, NC | $143,536,160 | $30,406,277 |
Operation Sharing Tennessee Oneida, TN | $4,077,173 | $16,068,695 |
Merit America Washington, DC | $16,787,375 | $11,449,992 |
Regional Addicition Prevention Inc Washington, DC | $8,257,247 | $5,252,185 |
Johnny Mac Soldiers Fund Inc Ashburn, VA | $3,599,907 | $5,224,033 |
Ujft Community Campus L L C Virginia Beach, VA | $22,712,202 | $1,877,122 |
Generations Inc Memphis, TN | $2,391,169 | $2,284,255 |
Francis P Chiaramonte Md Family Foundation Inc Alexandria, VA | $42,064,981 | $1,988,575 |
Cornerstone Of Hope Inc Paducah, KY | $781,400 | $2,454,747 |
Foundation For Financial Planning Inc Washington, DC | $30,168,381 | $3,652,624 |
A Step Ahead Foundation Inc Memphis, TN | $3,137,526 | $2,423,176 |
Autozoner Assistance Fund Inc Memphis, TN | $1,988,697 | $1,522,560 |