MC FOUNDATION INC (EIN 274432543) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

DANIEL PALMER

Phone

6782499033

Tax Period

2020-01-01 to 2020-12-31

MC FOUNDATION INC, founded in 2010, is a small nonprofit that reported $105K in total revenue in fiscal year 2020. Revenue fell 89% from the prior year — a significant decline worth monitoring. Expenses of $265K exceeded revenue, resulting in a 152% operating deficit.

Mission

SPREADING THE GOOD NEWS OF THE GOSPEL OF JESUS CHRIST IN VENUES OUTSIDE THE WALLS OF THE CHURCHES IS THE MISSION OF THE MC FOUNDATION, INC. YOUTH AND YOUNG ADULTS WHO PARTICIPATE IN MASTER'S COMMISION CHRISTIAN LEADERSHIP AND MISSION TRAINING AROUND THE COUNTRY HAVE AN OPPORTUNITY WITH THE MC FOUNDATION, INC. TO REACH PEOPLE FOR CHRIST AT VARIOUS SPORTING EVENTS, CORPORATE DINNERS, LARGE CORPORATE EVENTS AND OTHER SECULAR EVENTS. THESE YOUTH AND YOUNG ADULTS VOLUNTEER AT THESE EVENTS TO SHARE THE GOSPEL OF JESUS CHRIST.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $105,179

Investment Income $0

Other Revenue $0

TOTAL REVENUE $105,179

Expense Breakdown

Grants Paid $0

Salaries & Benefits $198,149

Fundraising Expenses $0

Program Expenses $253,694

Other Expenses $66,618

TOTAL EXPENSES $264,767

Year-over-Year Comparison

	2020	2019	Change
Revenue	$105,179	$925,788	-0.9%
Expenses	$264,767	$882,438	-0.7%
Net Income	$-159,588	$43,350	-4.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$35,720

Total Directors

$35,720

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL PALMER	PRESIDENT	20.00	Officer Director	$35,720	$0	$35,720
PAUL PALMER	DIRECTOR	5.00	Director	$0	$0	$0
MIKE GOLDSTONE	TREASURER	5.00	Officer Director	$0	$0	$0
HAYES FREEMAN	DIRECTOR	5.00	Director	$0	$0	$0
ROBBY ANDERSON	SECRETARY	5.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2020	$105,179	$264,767	$88,159	$-159,588
2019	$925,788	$882,438	$267,818	$43,350
2018	$1,045,888	$903,096	$225,772	$142,792

MC FOUNDATION INC