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← MARGIN OF EXCELLENCE

Form 990 for tax year 2025

Filed by MARGIN OF EXCELLENCE.

Totals

Total revenue
$309,786
Total expenses
$404,408
Contributions and grants received
$297,039
Grants paid
$339,421
Program service revenue
$0
Investment income
$5,853
Other revenue
$6,894
Total assets, end of year
$116,034
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$116,034
Program services expenses (Part IX)
$396,199
Management and general expenses
$8,209
Fundraising expenses
$0
Program service expenses (Part III)
$396,199

Program services were 98.0% 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

    $50,030

  • 1f · All other contributions, gifts and grants

    $247,009

  • 3 · Investment income

    total $5,853 · excluded $5,853

  • 8a · Fundraising events: gross income

    $8,640

  • 8a · Fundraising events: contributions included on line 1c

    $50,030

  • 8b · Fundraising events: direct expenses

    $1,792

  • 8c · Net income from fundraising events

    total $6,848 · excluded $6,848

  • 11a · Other revenue: REFUND OF SUPPLIES PUR

    total $46 · related or exempt $46

  • 11e · Other revenue, total

    $46

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $207,832 · program services $207,832

  • 2 · Grants to domestic individuals

    total $35,000 · program services $35,000

  • 3 · Grants to foreign organizations and individuals

    total $96,589 · program services $96,589

  • 11c · Fees: accounting

    total $2,050 · management and general $2,050

  • 24a · Other expenses: SCHOOL PROJECTS

    total $49,878 · program services $49,878

  • 24b · Other expenses: RELIEF PROJECTS

    total $6,900 · program services $6,900

  • 24c · Other expenses: ACCOUNT FEES

    total $6,159 · management and general $6,159

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $210,656

  • 2 · Savings and temporary cash investments

    end of year $116,034

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $210,656 · end of year $116,034

Mission and programs · 2025

Mission

TO PROVIDE EDUCATIONAL AND CHARITABLE ACTIVITIES IN THE UNITED STATES AND AROUND THE WORLD TO ENHANCE AND IMPROVE THE QUALITY OF LIFE OF THOSE IN NEED. TO PROVIDE SCHOLARSHIPS, ORGANIZE COMMUNITY SERVICE PROJECTS AND BUILD SCHOOLS AND HOUSING FOR VICTIMS OF NATURAL DISASTERS.

Activities or mission (Part I)

TO PROVIDE EDUCATIONAL AND CHARITABLE ACTIVITIES IN THE UNITED STATES AND AROUND THE WORLD

  • HAITI RELIEF FUND TO PROVIDE DIRECT ASSISTANCE TO THE HAITIAN PEOPLE WITH THE GOAL OF REBUILDING LIVES. THE FOUNDATION SUPPORTS TWO HAITIAN PRIMARY SCHOOLS BY IMPROVING AND UPGRADING SCHOOL BUILDINGS AND PROVIDING FINANCIAL SUPPORT FOR OPERATIONS, INCLUDING TEACHER SALARIES, MAINTENANCE, SUPPLIES AND MEALS FOR THE STUDENTS. WHEN ONE OF THE SCHOOLS WAS NOTIFIED THAT ITS BUILDING WOULD NO LONGER BE AVAILABLE, THE FOUNDATION PROVIDED FINANCIAL SUPPORT TO HELP CONSTRUCT A NEW BUILDING. THE NEW BUILDING OFFERS SPACE FOR EVEN MORE CHILDREN THAN THE SCHOOL WAS PREVIOUSLY ABLE TO SERVE.

    Expenses $49,878

  • THE VOCAL SCHOLARSHIP PROGRAM IS A COMPETITION HELD IN PARTNERSHIP WITH THE UNIVERSITY OF KENTUCKY. IT IS OPEN TO ALL NEW VOICE STUDENTS WHO PLAN TO ATTEND THE UNIVERSITY OF KENTUCKY. THE COMPETITION AWARDS TUITION AND OTHER GRANTS TO GRADUATE AND UNDERGRADUATE STUDENTS. THE WINNERS ARE DETERMINED BY A PANEL OF OUTSIDE PROFESSIONALS IN THE MUSIC FIELD AND ARE NOT DETERMINED BY THE FOUNDATION.

    Expenses $52,748 · Grants $52,748

  • THE FOUNDATION WORKS TO SERVE RURAL AND FARMING COMMUNITIES IMPACTED BY NATURAL DISASTERS, SUCH AS THIS YEAR'S HISTORIC FLOODS IN SPAIN. THE FOUNDATION IS ALSO ASSISTING FAMILIES DISPLACED BY NATURAL DISASTERS IN TENNESSEE, KENTUCKY AND NORTH CAROLINA BY INSTALLING COMMUNITY GARDENS TO HELP COMBAT FOOD INSECURITY. THE FOUNDATION PROVIDES FINANCIAL SUPPORT TO A LOCAL ORGANIZATION THAT IS COMMITTED TO ENDING INTIMATE PARTNER ABUSE IN FAMILIES AND THE COMMUNITY. SUPPORT WAS ALSO EXTENDED TO FOOD SHELVES, CANCER-RELATED CAUSES, AND MENTAL HEALTH CHARITIES.

    Expenses $293,573 · Grants $286,673

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mark Pearse Lyons

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • Deirdre Mary Lyons

    VP/SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    0.5
  • Larry Hehman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • John Nicholson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Dan Noll

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

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

Provenance

Return type
form_990
Tax year
2025
Filed
22 April 2026
IRS schema version
2025v4.1
Source object
202641139349301359

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