MARKUS PAUL FOUNDATION INC

EIN: 863414987 501(c)(3) Philanthropy & Grantmaking

LAKE MARY, FL

Total Revenue
$69,244
Total Expenses
$58,653
Total Assets
$238,020
Net Assets
$238,020
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
FL
Principal Officer
DAVID HOLMES
Phone
4075097882
Tax Period
2023-01-01 to 2023-12-31

MARKUS PAUL FOUNDATION INC, founded in 2021, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $69K in total revenue in fiscal year 2023. Revenue surged 81% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11K, a strong 15% operating margin.

Mission

THE FOUNDATION'S PURPOSE IS TO CONTINUE MARKUS PAUL'S LEGACY OF HELPING, SERVING AND BEING A LIGHT TO OTHERS BY PROVIDING ADDITIONAL SUPPORT TO STUDENTS WHO ARE EXCELLING IN ACADEMICS, ATHLETICS, AND IN THEIR COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $57,892 Revenue: $105,326

THE MARKUS PAUL FOUNDATION ("THE MP FOUNDATION") IS A PRODUCTIVE RESOURCE THAT IMPROVES THE LIVES OF HARDWORKING YOUNG ADULTS IN OSCEOLA COUNTY, FLORIDA, WHO MAY BE UNDERREPRESENTED IN COLLEGES AND...

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THE MARKUS PAUL FOUNDATION ("THE MP FOUNDATION") IS A PRODUCTIVE RESOURCE THAT IMPROVES THE LIVES OF HARDWORKING YOUNG ADULTS IN OSCEOLA COUNTY, FLORIDA, WHO MAY BE UNDERREPRESENTED IN COLLEGES AND UNIVERSITIES. THE MP FOUNDATION HAS DEEP ROOTS IN THE COMMUNITY AND IS FOCUSED ON GIVING BACK. SOME OF THE SUPPORT TO STUDENTS INCLUDE FINANCIAL ASSISTANCE, SCHOLARSHIPS TO OSCEOLA HIGH SCHOOL STUDENTS, AND DONATIONS TO THE LOCAL BOYS & GIRLS CLUB. THE ASSISTANCE TO THE LOCAL BOYS & GIRLS CLUB INCLUDES SUPPORT FOR THEIR HEALTH AND WELLNESS PROGRAM AND PROGRAMS THAT FOSTER MENTORSHIP, ACADEMIC SUCCESS, AND COMMUNITY SERVICE. DURING THE 2023 TAX YEAR, GRANTS WERE MADE TO THE BOYS & GIRLS CLUB OF OSCEOLA AND TWO CHURCHES THAT WERE IMPORTANT IN MARKUS' LIFE. FUNDS WERE ALSO ACCUMULATED TO ASSIST STUDENTS BEYOND HIGH SCHOOL BY DONATING RESOURCES TO SYRACUSE UNIVERSITY. THESE RESOURCES WILL FOCUS ON THE SYRACUSE UNIVERSITY FOOTBALL PROGRAM, ITS STRENGTH AND CONDITIONING PROGRAM, AND STUDENTS MAJORING IN EXERCISE SCIENCE.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $63,700
Program Service Revenue $0
Investment Income $0
Other Revenue $5,544
TOTAL REVENUE $69,244

Expense Breakdown

Grants Paid $48,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $57,892
Other Expenses $10,653
TOTAL EXPENSES $58,653

Year-over-Year Comparison

2023 2022 Change
Revenue $69,244 $38,182 +0.8%
Expenses $58,653 $47,962 +0.2%
Net Income $10,591 $-9,780 -2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

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
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES GLAVIN DIRECTOR 5.00
Director
$0 $0 $0
DARYL JOHNSTON DIRECTOR 5.00
Director
$0 $0 $0
DAVID HOLMES PRESIDENT 5.00
Officer
$0 $0 $0
HEIDI PAUL SECRETARY 7.00
Officer
$0 $0 $0
MIKE WOICIK VICE PRESIDE 7.00
Officer
$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
2024 No data No data No data No data
2023 $69,244 $58,653 $238,020 $10,591
2022 $38,182 $47,962 $227,429 $-9,780
2021 $264,912 $27,703 $237,209 $237,209
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