Form 990 for tax year 2022
Filed by MACEDONIAN MINISTRY FOUNDATION INC.
Totals
- Total revenue
- $2,851,896
- Total expenses
- $2,611,201
- Contributions and grants received
- $2,689,762
- Grants paid
- $0
- Program service revenue
- $26,397
- Investment income
- $126,970
- Other revenue
- $8,767
- Total assets, end of year
- $5,462,472
- Total liabilities, end of year
- $463,690
- Net assets or fund balances, end of year
- $4,998,782
- Program services expenses (Part IX)
- $2,165,278
- Management and general expenses
- $445,858
- Fundraising expenses
- $65
- Program service expenses (Part III)
- $2,165,278
Program services were 82.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$2,689,762
-
2a · Program service revenue: PROGRAM REVENUE
total $19,769 · related or exempt $19,769
-
2b · Program service revenue: PASTORAL CONSULTING RE
total $6,628 · related or exempt $6,628
-
3 · Investment income
total $126,970 · excluded $126,970
-
6a · Gross rents
real property $8,767
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $8,767
-
6d · Net rental income or loss
total $8,767 · excluded $8,767
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $553,927 · program services $349,015 · management and general $204,912
-
7 · Other salaries and wages
total $392,296 · program services $326,987 · management and general $65,309
-
8 · Pension plan contributions
total $41,724 · program services $35,644 · management and general $6,080
-
9 · Other employee benefits
total $65,264 · program services $60,761 · management and general $4,503
-
10 · Payroll taxes
total $25,820 · program services $18,936 · management and general $6,884
-
11b · Fees: legal
total $3,446 · management and general $3,446
-
11c · Fees: accounting
total $81,764 · management and general $81,764
-
11g · Fees: other
total $412,747 · program services $412,747
-
12 · Advertising and promotion
total $7,365 · program services $6,351 · management and general $1,014
-
13 · Office expenses
total $11,098 · program services $8,411 · management and general $2,687
-
14 · Information technology
total $40,464 · program services $3,624 · management and general $36,840
-
16 · Occupancy
total $7,317 · management and general $7,317
-
17 · Travel
total $696,163 · program services $692,198 · management and general $3,900 · fundraising $65
-
19 · Conferences, conventions and meetings
total $474 · program services $348 · management and general $126
-
22 · Depreciation, depletion and amortization
total $1,580 · management and general $1,580
-
23 · Insurance
total $13,333 · management and general $13,333
-
24a · Other expenses: STIPEND & HONORARIA
total $173,995 · program services $172,995 · management and general $1,000
-
24b · Other expenses: MM IMPACT MATERIALS
total $61,988 · program services $61,988 · management and general $0
-
24c · Other expenses: MISC EXPENSES
total $9,205 · program services $7,415 · management and general $1,790
-
24d · Other expenses: DUES & SUBSCRIPTIONS
total $8,931 · program services $5,858 · management and general $3,073
-
24e · All other expenses
total $2,300 · program services $2,000 · management and general $300
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,809,855 · end of year $1,776,446
-
3 · Pledges and grants receivable
beginning of year $922,950 · end of year $572,400
-
4 · Accounts receivable
beginning of year $9,000 · end of year $6,000
-
9 · Prepaid expenses and deferred charges
beginning of year $17,406 · end of year $30,363
-
10a · Land, buildings and equipment: cost or other basis
$75,535
-
10b · Land, buildings and equipment: accumulated depreciation
$71,463
-
10c · Land, buildings and equipment, net
beginning of year $1,695 · end of year $4,072
-
11 · Investments: publicly traded securities
beginning of year $3,254,085 · end of year $3,073,191
-
17 · Accounts payable and accrued expenses
beginning of year $18,717 · end of year $39,589
-
19 · Deferred revenue
beginning of year $930,697 · end of year $424,101
-
27 · Net assets without donor restrictions
beginning of year $4,332,703 · end of year $4,574,183
-
28 · Net assets with donor restrictions
beginning of year $732,874 · end of year $424,599
Mission and programs · 2022
Mission
ORGANIZED AND OPERATED TO HELP DEVELOP PASTORS TO BECOME MORE FAITHFUL AND EFFECTIVE LEADERS IN THEIR CONGREGATIONS AND LOCAL COMMUNITIES.
Activities or mission (Part I)
ORGANIZED & OPERATED TO PROMOTE THE REVITALIZATION OF MAINLINE PROTESTANT CONGREGATIONS & COMMUNITY.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $2,165,278 · Revenue $26,397
As filed on the 2022 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Tom CousinsTOM COUSINS
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Sam ReevesSAM REEVES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim UnruhJIM UNRUH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike GoodrichMIKE GOODRICH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Elisha Wilbert McCall JrELISHA WILBERT MCCALL JR
DIRECTOR
- Total calculated
- $3,500
- From this org
- $3,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Mark RamseyMARK RAMSEY
EXECUTIVE DIRECTOR
- Total calculated
- $288,205
- From this org
- $179,065
- From related orgs
- $0
- Other
- $109,140
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $149,065
- Bonus
- $30,000
- Other
- $0
- Deferred
- $24,792
- Nontaxable benefits
- $84,348
- Filer's total
- $288,205
-
Laura WhitakerLAURA WHITAKER
DIRECTOR OF OPERATIONS
- Total calculated
- $265,720
- From this org
- $184,620
- From related orgs
- $0
- Other
- $81,100
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $167,586
- Bonus
- $17,034
- Other
- $0
- Deferred
- $23,379
- Nontaxable benefits
- $57,721
- Filer's total
- $265,720
-
Adam BornemanADAM BORNEMAN
PROGRAM DIRECTOR
- Total calculated
- $216,152
- From this org
- $109,896
- From related orgs
- $0
- Other
- $106,256
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $109,896
- Bonus
- $0
- Other
- $0
- Deferred
- $19,483
- Nontaxable benefits
- $86,773
- Filer's total
- $216,152
-
Laura LongLAURA LONG
COMMUNICATIONS DIRECTOR
- Total calculated
- $153,004
- From this org
- $100,807
- From related orgs
- $0
- Other
- $52,197
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $100,807
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $52,197
- Filer's total
- $153,004
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
- 1a · Housing allowance or residence for personal use
- 1b · Written policy on the line-1a expenses
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 2 · Substantiation required before reimbursing expenses
- 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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- MARK RAMSEY AND ADAM BORNEMAN BOTH RECEIVE A HOUSING ALLOWANCE FROM THE ORGANIZATION. THE AMOUNTS OF THE HOUSING ALLOWANCE RECEIVED BY THE INDIVIDUALS WERE $49,800 AND $40,000, RESPECTIVELY, AND WERE NOT INCLUDED IN TAXABLE INCOME.
- PART I, LINE 7
- THE ORGANIZATION PAID A BONUS BASED ON THE ACCOMPLISHMENT OF THEIR INDIVIDUAL GOALS FOR THE YEAR TO THE EMPLOYEES LISTED IN FORM 990, PART VII, SECTION A, LINE 1A.
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.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313129349302876
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