Mzc Foundation Inc
- Assets
- $343.9k
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 17
- Location
- Atlanta, GA
- Founding
- 01/2016
- Data as of
- 12/2023
- EIN
- 47-4543204
Organization Overview
Mzc Foundation Inc, operating under the name The Ray, is located in Atlanta, GA. The organization was established in 2016. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. As of 12/2023, Ray employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ray 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 12/2023, Ray generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 31.2% each year . All expenses for the organization totaled $2.4m during the year ending 12/2023. While expenses have increased by 17.2% per year over the past 5 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ZERO CARBON. ZERO WASTE. ZERO DEATHS. ZERO IMPACT.USING INNOVATIVE IDEAS AND TECHNOLOGIES TO TRANSFORM TRANSPORTATION INFRASTRUCTURE, THE RAY'S MISSION IS TO REIMAGINE HOW WE CONNECT OUR COMMUNITIES, OUR LIVES, AND THE WORLD IN A WAY THAT IS SAFER, MORE RESPONSIVE TO THE CLIMATE, MORE REGENERATIVE TO THE ENVIRONMENT, AND MORE CAPABLE OF GENERATING ECONOMIC OPPORTUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ROADSIDE PLANTINGS - THE RAY LANDSCAPE LAB DEVELOPS NATIVE AND PERENNIAL ROADSIDE PLANTINGS, THAT ARE NOT ONLY BEAUTIFUL, BUT PREVENT WATERWAY SEDIMENTATION FROM SOIL EROSION, CAPTURE LITTER AND POLLUTION FROM STORMWATER RUNOFF, AND RESTORE SOIL HEALTH, IN ORDER TO UNLOCK THE CAPACITY OF ROADSIDE SOILS TO SEQUESTER TRANSPORTATION CARBON. THEY ALSO PROVIDE HABITATS FOR CRITICALLY IMPORTANT POLLINATORS, LIKE BEES AND BUTTERFLIES, WHOSE NUMBERS ARE EXPERIENCING SEVERE DECLINE. SUPPORTED LITTER REMOVAL, BEAUTIFICATION AND WILDFLOWER INSTALLATIONS ON INTERSTATE 85 FROM THE GEORGIA-ALABAMA STATE LINE TO EXIT 18-LAGRANGE.
ADMINISTRATIVE- OTHER PROGRAM RELATED PROJECTS AND EXPENSES FURTHERING THE ORGANIZATION'S EXEMPT PURPOSE.
TIRE WASTE AND MONITORING - MAINTAINED THE WHEELRIGHT TIRE HEALTH MONITORING STATION AND THE GEORGIA VISITOR INFORMATION CENTER ON THE INTERSTATE 85 NORTHBOUND RIGHT-OF-WAY AT THE GEORGIA-ALABAMA STATE LINE. AIDED THE TRAVELING PUBLIC'S ABILITY TO MEASURE TIRE HEALTH, INCLUDING TIRE PRESSURE, TREAD DEPTH AND SIDEWALLS, ALL TO IMPROVE TIRE SAFETY AND REDUCE TRAFFIC CRASHES AND ASSOCIATED FATALITIES. ONE SOLUTION DEMONSTRATED ON THE RAY HIGHWAY IS RECYCLING SCRAP TIRE MATERIAL INTO RUBBER-MODIFIED-ASPHALT (RMA). IN PARTNERSHIP WITH THE U.S. TIRE MANUFACTURERS ASSOCIATION, THE RAY SUPPORTED A COMPILATION AND PUBLICATION BY THE UNIVERSITY OF MISSOURI OF THE NATION'S BEST RESEARCH ON THE ECONOMIC, PERFORMANCE AND ENVIRONMENTAL BENEFITS OF USING GROUND TIRE RUBBER IN ASPHALT. THE REPORT CONCLUDED THAT RMA IS A PROMISING SUSTAINABLE AND CIRCULAR END-OF-LIFE MARKET FOR SCRAP TIRES.
GENERATING CLEAN ENERGY ON THE RIGHT-OF-WAY - WE WORK WITH TRANSPORTATION AGENCIES AND KEY STAKEHOLDERS ACROSS THE U.S. TO HELP THEM UNDERSTAND THE BENEFITS AND FEASIBILITY OF INTERSTATE RIGHT-OF-WAY (ROW) SOLAR, REMOVE BARRIERS TO IMPLEMENTATION, AND GUIDE THEM THROUGH PLANNING, DESIGN AND IMPLEMENTATION OF ROW SOLAR PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harriet Anderson Langford President | OfficerTrustee | 20 | $0 |
John Picard Vice President | OfficerTrustee | 15 | $80,004 |
Alan Anderson Treasurer | OfficerTrustee | 15 | $49,992 |
Phil Langford Secretary | OfficerTrustee | 15 | $0 |
Allie Kelly Beaton Executive Director | OfficerTrustee | 50 | $165,000 |
Laura Rogers Deputy Director | Officer | 50 | $154,111 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fox Advancement Fundraising | 12/30/23 | $199,341 |
Allie Kelly Beaton Executive Director | 12/30/23 | $165,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $570,181 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,502,851 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,073,032 |
| Total Program Service Revenue | $0 |
| 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 | $2,073,032 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $125 |
| 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. | $264,996 |
| Compensation of current officers, directors, key employees. | $79,499 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $829,463 |
| Pension plan accruals and contributions | $11,723 |
| Other employee benefits | $20,228 |
| Payroll taxes | $59,790 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $38,408 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $199,341 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $501,147 |
| Advertising and promotion | $34,310 |
| Office expenses | $24,324 |
| Information technology | $7,379 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $97,207 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,167 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,265 |
| Insurance | $14,623 |
| All other expenses | $279,449 |
| Total functional expenses | $2,412,445 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $271,492 |
| 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 | $72,362 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $343,854 |
| Accounts payable and accrued expenses | $6,148 |
| 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 | $6,148 |
| Net assets without donor restrictions | $337,706 |
| 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 | $343,854 |