Form 990 for tax year 2023
Filed by MUGGSY BOGUES FAMILY FOUNDATION.
Totals
- Total revenue
- $76,312
- Total expenses
- $66,898
- Contributions and grants received
- $80,034
- Grants paid
- $0
- Program service revenue
- $20,000
- Investment income
- $0
- Other revenue
- -$23,722
- Total assets, end of year
- $113,665
- Total liabilities, end of year
- $29,569
- Net assets or fund balances, end of year
- $84,096
- Program services expenses (Part IX)
- $27,780
- Management and general expenses
- $18,364
- Fundraising expenses
- $20,754
- Program service expenses (Part III)
- $27,780
Program services were 41.5% 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.
-
1c · Fundraising events
$54,834
-
1f · All other contributions, gifts and grants
$25,200
-
1g · Noncash contributions included above
$7,095
-
2a · Program service revenue: Labor of Love
total $20,000 · related or exempt $20,000
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$29,876
-
8a · Fundraising events: contributions included on line 1c
$54,834
-
8b · Fundraising events: direct expenses
$53,598
-
8c · Net income from fundraising events
total -$23,722
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $33,200 · program services $14,480 · management and general $9,360 · fundraising $9,360
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $7,725 · management and general $7,725
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $1,325 · fundraising $1,325
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $569 · management and general $569
-
24a · Other expenses: Supplies
total $8,747 · program services $8,672 · management and general $75
-
24b · Other expenses: Events
total $7,233 · program services $844 · fundraising $6,389
-
24c · Other expenses: Operations
total $4,004 · program services $3,784 · management and general $220
-
24d · Other expenses: Bank Fees
total $1,934 · management and general $35 · fundraising $1,899
-
24e · All other expenses
total $2,161 · management and general $380 · fundraising $1,781
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $79,551 · end of year $97,771
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $243 · end of year $10,118
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $6,888 · end of year $5,776
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $12,000 · end of year $29,569
-
27 · Net assets without donor restrictions
beginning of year $63,892 · end of year $56,978
-
28 · Net assets with donor restrictions
beginning of year $10,790 · end of year $27,118
Mission and programs · 2023
Mission
To empower underserved youth and families to improve their quality of life through food security, access to education, and workforce development.
-
Spring Labor of Love: a food distribution program for underserved families held in June to provide pantry boxes and other basic necessities such as water and hygiene products. In 2023, MBFF reached 700 individuals from 97 households.
Expenses $27,780 · Revenue $20,000
As filed on the 2023 return.
Listed in Part VII
-
Terry Albanese
Executive Dir.
- Total calculated
- $33,200
- From this org
- $33,200
- From related orgs
- $0
- Other
- $0
- Hours/week
- 14
-
Muggsy Bogues
President & CEO
- Total calculated
- $0
- Hours/week
- 1
-
Brittney Bogues
Vice President
- Total calculated
- $0
- Hours/week
- 3
-
LaWanda Blair-Foster
Vice Chair
- Total calculated
- $0
- Hours/week
- 7
-
Yulonda Griffin
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Kurt Coleman
Board Member
- Total calculated
- $0
- Hours/week
- 0.5
-
Lillard Combs Jr
Board Member
- Total calculated
- $0
- Hours/week
- 0.5
-
Shannon McKnight
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Angelique Gaines
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Julie Knafelz
Board Member
- Total calculated
- $0
- Hours/week
- 3
-
Joe Martinez
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Kim Ferguson
Chair
- Total calculated
- $0
- Hours/week
- 10
-
Jonora Jones
Treasurer
- Total calculated
- $0
- Hours/week
- 10
-
Gene Parker
Committee Chair
- Total calculated
- $0
- Hours/week
- 3
-
William Scales
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Dr Fahnie Stewart Shaw
Board Member
- 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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 25 March 2024
- IRS schema version
- 2023v5.0
- Source object
- 202400859349301620
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.