Mzc Foundation Inc
- Assets
- $780.9k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 3
- Location
- Atlanta, GA
- Founding
- 01/2016
- Data as of
- 12/2021
- 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 12/2021, Ray employed 3 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 12/2021, Ray generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. 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
RADICALLY IMPROVE THE NATIONS HIGHWAYS, MAKING THEM SAFER, ENVIRONMENTALLY RESTORATIVE, AND A JOY TO TRAVEL ON.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SMART ROAD IMPLEMENTATION - INSTALLED 7 ADDITIONAL ROADSIDE UNITS AND EXPANDED THE FUNCTIONALITY OF THE ASSOCIATED DIGITAL PLATFORM ON THE RAY HIGHWAY, AS A CO-FUNDED PROJECT WITH THE GEORGIA DEPARTMENT OF TRANSPORTATION. THIS ACTIVITY IS PHASE TWO OF THE CIRRUS VEHICLE TO INFRASTRUCTURE (V2X) IMPLEMENTATION THAT WILL GIVE GDOT REAL TIME DATA FROM VEHICLES TRAVELING ON THE RAY HIGHWAY.
RIGHT OF WAY LANDSCAPING AND ENVIRONMENTAL STUDIES - MAINTAINED AND IMPROVED THE RIGHT OF WAY LANDSCAPING ON INTERSTATE I-85 FROM MILEPOST 0 TO MILEPOST 18 IN THE STATE OF GEORGIA (THE SECTION FOR HIGHWAY DESIGNATED AS THE RAY).
UPGRADED AND MAINTAINED WHEEL RIGHT TIRE PRESSURE MONITORING STATION AT THE VISITOR CENTER AT MILEPOST 1 ON INTERSTATE 85.
OTHER PROGRAM SERVICES, INCLUDING BEAUTIFICATION AND NEXT GENERATION HIHWAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allie Kelly Beaton Executive Director | OfficerTrustee | 50 | $156,250 |
Laura Rogers Deputy Director | 50 | $121,792 | |
John Picard Vice President | OfficerTrustee | 15 | $50,004 |
Alan Anderson Treasurer | OfficerTrustee | 15 | $49,992 |
Harriet Anderson Langford President | OfficerTrustee | 20 | $0 |
Phil Langford Secretary | OfficerTrustee | 15 | $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 | $1,908,335 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,908,335 |
| 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 | $1,908,335 |
| 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. | $378,038 |
| Compensation of current officers, directors, key employees. | $113,411 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $102,584 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,166 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,174 |
| Fees for services: Accounting | $18,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $49,275 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $150,136 |
| Advertising and promotion | $59,992 |
| Office expenses | $29,085 |
| Information technology | $7,956 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,222 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,169 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,766 |
| All other expenses | $386,408 |
| Total functional expenses | $1,226,971 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $780,857 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $780,857 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $138,826 |
| Net assets with donor restrictions | $642,031 |
| 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 | $780,857 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Mzc Foundation Inc has recieved totaling $740,000.
| Awarding Organization | Amount |
|---|---|
Breakthrough Energy Foundation Kirkland, WA PURPOSE: Next Gen Highways | $490,000 |
United States Energy Foundation San Francisco, CA PURPOSE: TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE. | $200,000 |
Mcknight Foundation Minneapolis, MN PURPOSE: TO EVALUATE THE SITING OF HIGH-VOLTAGE DIRECT CURRENT TRANSMISSION WITHIN EXISTING HIGHWAY RIGHT OF WAY | $25,000 |
Mcknight Foundation Minneapolis, MN PURPOSE: TO EVALUATE THE SITING OF HIGH-VOLTAGE DIRECT CURRENT TRANSMISSION WITHIN EXISTING HIGHWAY RIGHT OF WAY | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southface Energy Institute Inc Atlanta, GA | $9,241,956 | $6,315,697 |
Southern Alliance For Clean Energy Knoxville, TN | $8,898,789 | $4,579,602 |
Solar And Energy Loan Fund Of St Lucie County Inc Ft Pierce, FL | $16,284,264 | $6,002,177 |
Southeast Energy Efficiencyalliance Inc Atlanta, GA | $2,282,467 | $3,474,568 |
Florida Electric Power Coordinating Group Tampa, FL | $2,091,589 | $1,442,319 |
Mzc Foundation Inc Atlanta, GA | $780,857 | $1,908,335 |
Greenlink Analytics Inc Atlanta, GA | $1,968,974 | $2,188,127 |
Nc Greenpower Corporation Non Profit Raleigh, NC | $3,961,735 | $905,963 |
Heritage Preservation Trust Inc Edgefield, SC | $13,057,884 | $3,291,572 |
The Center For Energy Education Roanoke Rapids, NC | $576,493 | $957,048 |
Green Built Alliance Asheville, NC | $631,884 | $985,675 |
Kula Project Inc Marietta, GA | $444,774 | $916,217 |