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Nonprofiteer
← MARCUS ALLEN FOUNDATION

Form 990 for tax year 2024

Filed by MARCUS ALLEN FOUNDATION.

Totals

Total revenue
$297,468
Total expenses
$297,165
Contributions and grants received
$384,500
Grants paid
$195,000
Program service revenue
$0
Investment income
$0
Other revenue
-$87,032
Total assets, end of year
$493,543
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$493,543
Program services expenses (Part IX)
$195,000
Management and general expenses
$3,081
Fundraising expenses
$99,084
Program service expenses (Part III)
$195,000

Program services were 65.6% 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

    $384,500

  • 8a · Fundraising events: gross income

    $161,645

  • 8b · Fundraising events: direct expenses

    $248,677

  • 8c · Net income from fundraising events

    total -$87,032 · excluded -$87,032

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $195,000 · program services $195,000

  • 5 · Compensation of officers, directors and key employees

    total $94,084 · fundraising $94,084

  • 11g · Fees: other

    total $5,000 · fundraising $5,000

  • 13 · Office expenses

    total $3,081 · management and general $3,081

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $446,390 · end of year $493,543

  • 9 · Prepaid expenses and deferred charges

    beginning of year $46,850 · end of year $0

  • 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 $493,240 · end of year $493,543

Mission and programs · 2024

Mission

OUR MISSION IS TO USE OUR PLATFORM TO SUPPORT ORGANIZATIONS WHO PROVIDE ECONOMIC ASSISTANCE TO UNDERPRIVILEGED CHILDREN USING SPORTS AS AN OUTLET. LEADING TO MORE OPPORTUNITIES TO EMPOWER. COLLECTIVELY, MAKING A LARGER IMPACT ON OUR YOUTH.

  • YOUTH AND UNDERPRIVILEGED SPORTS AND ECONOMIC ASSISTANCE.

    Expenses $195,000 · Grants $195,000

As filed on the 2024 return.

Listed in Part VII

  • MARCUS ALLEN

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • STEPHEN J LUCZO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SHARON JESTER TURNEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CHRISTOPHER CELENTINO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RYAN GEE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DENISE COLEMAN

    PRESIDENT AND CEO

    Total calculated
    $94,084
    From this org
    $94,084
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • PAUL AZZI

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • PAUL ESAJIAN

    TREASURER

    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.

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.2
Source object
202503219349316470

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.