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Nonprofiteer
← MCKINLEY IV INC

Form 990 for tax year 2023

Filed by MCKINLEY IV INC.

Totals

Total revenue
$233,879
Total expenses
$254,297
Contributions and grants received
$168,870
Grants paid
$0
Program service revenue
$47,977
Investment income
$17,032
Other revenue
$0
Total assets, end of year
$1,683,722
Total liabilities, end of year
$1,845,735
Net assets or fund balances, end of year
-$162,013
Program services expenses (Part IX)
$210,752
Management and general expenses
$43,545
Fundraising expenses
$0
Program service expenses (Part III)
$210,752

Program services were 82.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JAMAL MALONE

    CEO

    Total calculated
    $585,098
    From this org
    $0
    From related orgs
    $553,140
    Other
    $31,958
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $496,793 related
    Bonus
    $0 + $56,347 related
    Other
    $0
    Deferred
    $0 + $6,100 related
    Nontaxable benefits
    $0 + $25,858 related
    Filer's total
    $0 + $585,098 related

  • EZEKIEL ZEKE MORRIS

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • OLADIMEJI OLOKUN

    BOARD MEMBER

    Total calculated
    $126,180
    From this org
    $0
    From related orgs
    $98,167
    Other
    $28,013
    Hours/week
    1 + 39 related

  • ERIC EDQUIST

    SECRETARY

    Total calculated
    $203,066
    From this org
    $0
    From related orgs
    $191,109
    Other
    $11,957
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $173,437 related
    Bonus
    $0 + $17,672 related
    Other
    $0
    Deferred
    $0 + $3,774 related
    Nontaxable benefits
    $0 + $8,183 related
    Filer's total
    $0 + $203,066 related

  • NAKITA BURRELL

    CFAO, ADA S. MCKINLEY

    Total calculated
    $284,876
    From this org
    $0
    From related orgs
    $262,700
    Other
    $22,176
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $238,510 related
    Bonus
    $0 + $24,190 related
    Other
    $0
    Deferred
    $0 + $5,714 related
    Nontaxable benefits
    $0 + $16,462 related
    Filer's total
    $0 + $284,876 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
COMPENSATION REVIEW PROCEDURES ARE PERFORMED BY A RELATED ORGANIZATION, ADA S. MCKINLEY COMMUNITY SERVICES, INC. COMPENSATION IS DISCUSSED BY THE COMPENSATION COMMITTEE BASED UPON THE PERFORMANCE REVIEW OF THE OFFICER. RECORDS ARE KEPT FOR THE COMPARABILITY AND SUBSTANTIATION AND THE DECISION IS MADE THERE UPON. STUDIES ARE CONDUCTED FOR THE EXECUTIVES AND OFFICERS' COMPENSATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
28 April 2025
IRS schema version
2023v6.0
Source object
202511229349300421

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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