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Nonprofiteer
← NOEL COVER FOUNDATION INC C0 JERRY MACKEN

Form 990 for tax year 2025

Filed by NOEL COVER FOUNDATION INC C0 JERRY MACKEN.

Totals

Total revenue
$106,646
Total expenses
$9,659,357
Contributions and grants received
$0
Grants paid
$9,546,500
Program service revenue
$0
Investment income
$102,818
Other revenue
$3,828
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$9,597,486
Management and general expenses
$61,871
Fundraising expenses
$0
Program service expenses (Part III)
$9,597,486

Program services were 99.4% 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.

  • 3 · Investment income

    total $102,818 · excluded $102,818

  • 11a · Other revenue: NEBRASKA PTC

    total $3,025 · related or exempt $3,025

  • 11b · Other revenue: INSURANCE INCOME

    total $803 · related or exempt $803

  • 11e · Other revenue, total

    $3,828

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $9,546,500 · program services $9,546,500

  • 7 · Other salaries and wages

    total $2,100 · management and general $2,100

  • 10 · Payroll taxes

    total $321 · management and general $321

  • 16 · Occupancy

    total $59,450 · management and general $59,450

  • 24a · Other expenses: PROFESSIONAL FEES

    total $43,204 · program services $43,204

  • 24b · Other expenses: LIQUIDATION FEES

    total $7,782 · program services $7,782

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $9,552,711

  • 27 · Net assets without donor restrictions

    beginning of year $234,828

  • 28 · Net assets with donor restrictions

    beginning of year $9,317,883

Mission and programs · 2025

Mission

TO PROVIDE SCHOLARSHIPS.

  • CONTRIBUTION TO COLLEGE SCHOLARSHIP FUNDS.

    Expenses $9,597,486 · Grants $9,546,500

As filed on the 2025 return.

Listed in Part VII

  • Gerald Macken

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • Richard Krushensky

    V-PRES/SEC

    Total calculated
    $0
    Hours/week
    2

  • Edward Boos

    V-PRES/TREAS

    Total calculated
    $0
    Hours/week
    1

  • Madeline Gregg

    OPERAT. V/P

    Total calculated
    $0
    Hours/week
    1

  • Megan Nelson

    OPERAT. V/P

    Total calculated
    $0
    Hours/week
    1

  • Chelsea Lemar

    OPERAT. V/P

    Total calculated
    $0
    Hours/week
    1

  • Sunny Gonzales Eighmy

    OPERAT. V/P

    Total calculated
    $0
    Hours/week
    1

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.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Assets distributed on this return

Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.

This return attached Schedule N but itemized no distributions.

Provenance

Return type
form_990
Tax year
2025
Filed
7 March 2026
IRS schema version
2025v4.0
Source object
202620699349300002

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

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