Mcfarlane Foundation Inc
- Assets
- $338.1k
- Revenue
- $61.7k
- Investments
- $86.2k
- Employees
- 0
- Location
- Jupiter, FL
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-4257215
Organization Overview
Mcfarlane Foundation Inc is located in Jupiter, FL. The organization was established in 2014. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mcfarlane Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Mcfarlane Foundation Inc generated $61.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $18.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mcfarlane Foundation Inc has awarded 39 individual grants totaling $130,726. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neil F Mcfarlane V Pres/secr | 2 | $0 | |
Karen L Mcfarlane Pres/treas | 2 | $0 | |
Emily Mcfarlane Director | 2 | $0 | |
Flavia M Sanguinetti Director | 2 | $0 | |
Kelly A Mcfarlane Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,006 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $57,724 |
| Capital Gain Net Income | $57,724 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $61,730 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $569 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $260 |
| Total operating and administrative expenses | $2,554 |
| Contributions, gifts, grants paid | $15,510 |
| Total expenses and disbursements | $18,064 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $251,366 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $520 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $338,062 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Mcfarlane Foundation Inc has awarded $15,510 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Gainesville, FL PURPOSE: GENERAL | $15,010 |
Louisville, CO PURPOSE: GENERAL | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Florida Lambdarail Llc Tallahassee, FL | $13,348,492 | $7,717,742 |
Usa Research And Technology Corporation Mobile, AL | $22,788,529 | $3,738,277 |
Auburn Research Park I Auburn, AL | $36,466,656 | $3,867,814 |
Georgia Charter Schools Association Inc Atlanta, GA | $3,275,551 | $3,963,375 |
Hbcu Community Development Action Coalition Miami, FL | $1,815,835 | $417,981 |
Gpf Woodson Park Nmtc Inc Atlanta, GA | $32,334,183 | $1,809,363 |
Parent Booster Usa Inc Windermere, FL | $1,289,030 | $1,576,094 |
Florida State University Real Estate Foundation Tallahassee, FL | $19,035,060 | $1,732,772 |
Food For Thought Outreach Inc Santa Rosa Beach, FL | $912,813 | $1,133,972 |
Hernando County Education Direct Support Organization Inc Brooksville, FL | $1,289,598 | $1,499,310 |
Odyssey Inc Atlanta, GA | $2,520,769 | $1,651,617 |
Edge For Educational Excellence Inc Palatka, FL | $1,248,578 | $730,255 |