Mick Foundation
- Assets
- $2.1m
- Revenue
- $85.4k
- Investments
- $2.0m
- Employees
- 0
- Location
- Brentwood, TN
- Founding
- 10/1992
- Data as of
- 12/2022
- EIN
- 62-1491417
Organization Overview
Mick Foundation is located in Brentwood, TN. The organization was established in 1992. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mick Foundation 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 12/2022, Mick Foundation generated $85.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $226.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Mick Foundation has awarded 59 individual grants totaling $784,300. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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 |
|---|---|---|---|
Roger E Mick Director | 1 | $0 | |
Barbara D Mick Director | 1 | $0 | |
John R Mick Director | 40 | $80,000 | |
Jennifer Mick Mckenzie Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $233 |
| Dividends & Interest | $72,436 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,720 |
| Capital Gain Net Income | $12,720 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $85,389 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $80,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,691 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $26 |
| Total operating and administrative expenses | $110,153 |
| Contributions, gifts, grants paid | $116,000 |
| Total expenses and disbursements | $226,153 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,712 |
| 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 | $1,028,179 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,101,769 |
| Accounts payable and accrued expenses | $16 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $16 |
Grants Awarded
Over the last fiscal year, Mick Foundation has awarded $116,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
ABLE YOUTH PURPOSE: CHARITABLE | $5,000 |
BRENTWOOD HISTORIC COMMISSION PURPOSE: CHARITABLE | $7,000 |
HARDING ACADEMY PURPOSE: CHARITABLE | $10,000 |
OUR CHURCH MINISTRIES PURPOSE: CHARITABLE | $15,000 |
TROY GENTRY FOUNDATION PURPOSE: CHARITABLE | $15,000 |
UNIVERSITY OF KENTUCKY PURPOSE: CHARITABLE | $20,000 |