Mack Family Foundation
- Assets
- $95.1k
- Revenue
- $175.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Florence, KY
- Founding
- 11/2016
- Data as of
- 12/2021
- EIN
- 81-2583507
Organization Overview
Mack Family Foundation is located in Florence, KY. The organization was established in 2016. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mack Family Foundation 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, Mack Family Foundation generated $175.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $156.2k during the year ending 12/2021. While expenses have increased by 1.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION PROVIDES LONG-TERM ENRICHMENT TO INNER-CITY ELEMENTARY STUDENTS, PRIMARILY THROUGH PROGRAMS THAT FOCUS ON EDUCATION, FOOD SECURITY AND LITERACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COACH MACK'S CORNER - THE MACK FAMILY FOUNDATION PARTNERS WITH LOCAL INNER- CITY ELEMENTARY SCHOOLS IN GREATER LOUISVILLE TO INSTALL STATE-OF-THE-ART READING ROOMS. THE FOUNDATION RENOVATES UNUSED CLASSROOM OR SPACE WITHIN THE SCHOOL AND TURNS IN INTO A READING OASIS, COMPLETE WITH EXTENSIVE SHELVING, COMFORTABLE SEATING, EXCITING UNIVERSITY OF LOUISVILLE BASKETBALL-THEMED WALL GRAPHICS, SUBSCRIPTIONS TO CHILDRENS MAGAZINES AND MORE THAN 600 AGE-APPROPRIATE BOOKS AT THE STUDENTS DISPOSAL. THIS SPACE DRAWS CHILDRENS INTERESTS FAR MORE THAN AN ORDINARY LIBRARY IN HOPES TO FOSTER A LOVE OF READING. IN 2021, A NEW COACH MACK'S CORNER WAS OPENNED AT BYCK ELEMENTARY SCHOOL IN LOUISVILLE, KY.
BACK TO SCHOOL - THE BACK TO SCHOOL PROGRAM IS HELD WITH THE PURPOSE OF ENSURING ELEMENTARY SCHOOL STUDENTS LIVING IN FINANCIALLY DISADVANTAGED HOMES HAVE THE ITEMS THEY NEED TO GO BACK TO SCHOOL - ULTIMATELY PROVIDING THE STUDENTS MORE SELF-CONFIDENCE AND A DESIRE TO GO TO SCHOOL.
FOOD FOR THOUGHT - A FOOD SECURITY PROGRAM CREATED TO DIRECTLY IMPACT INNER-CITY ELEMENTARY STUDENTS IN LOUISVILLE. IN 2021, THE FOUNDATION OPENNED A FOOD FOR THOUGHT PANTRY AT LAYNE ELEMENTARY SCHOOL. THIS PANTRY WILL SUPPLY FOOD TO THE STUDENTS AND FAMILIES OF LAYNE ELEMENTARY FOR THE 2021-22 SCHOOL YEAR AND INTO THE FALL/WINTER OF 2022. ALL LAYNE STUDENTS HAVE FULL ACCESS TO THE FOOD PANTRY DURING THE SCHOOL YEAR.
GENERAL ASSISTANCE - GENERAL ASSISTANCE IN PROVIDING FOOD SECURITY, EDUCATIONAL OPPORTUNITIES AND INCREASING LITERACY FOR INNER-CITY ELEMENTARY STUDENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Narnett Secretary/tr | OfficerTrustee | 3 | $0 |
Christopher Mack President | OfficerTrustee | 3 | $0 |
Ryan Schrand Vice Preside | OfficerTrustee | 3 | $0 |
Cindy Hemasth Director | Trustee | 2 | $0 |
Christi Mack Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $85,257 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $68,792 |
| Noncash contributions included in lines 1a–1f | $45,215 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $154,049 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $21,799 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $175,848 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| Grants and other assistance to domestic individuals. | $36,233 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $33,390 |
| Fees for services: Legal | $2,385 |
| Fees for services: Accounting | $221 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,734 |
| Advertising and promotion | $28,987 |
| Office expenses | $7,643 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,871 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,520 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,246 |
| All other expenses | $0 |
| Total functional expenses | $156,230 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,260 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $70 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $38,750 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $95,080 |
| Accounts payable and accrued expenses | $201 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $201 |
| Net assets without donor restrictions | $94,879 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $95,080 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mack Family Foundation has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
The Community Foundatio Of Louisville Depository Inc Louisville, KY PURPOSE: P20 HUMAN SERVICE ORGANIZATIONS | $15,000 |
The Community Foundatio Of Louisville Depository Inc Louisville, KY PURPOSE: P20 HUMAN SERVICE ORGANIZATIONS | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Members Credit Union Indianapolis, IN | $2,918,005,380 | $115,174,004 |
Childrens Home & Aid Society Of Illinois Chicago, IL | $55,063,389 | $78,192,284 |
Lutheran Social Services Of Illinois Des Plaines, IL | $62,918,656 | $74,591,812 |
Talbert House Cincinnati, OH | $31,118,204 | $71,372,789 |
Dismas Charities Inc Louisville, KY | $50,549,022 | $73,995,842 |
Graceworks Lutheran Services Dayton, OH | $148,547,516 | $59,310,713 |
Stepforward Cleveland, OH | $18,985,030 | $54,230,994 |
Cincinnati-Hamilton County Community Action Agency Cincinnati, OH | $18,344,887 | $51,573,356 |
Catholic Charities Corporation Cleveland, OH | $62,419,322 | $52,175,078 |
Great Lakes Community Action Partnership Fremont, OH | $28,522,004 | $53,103,851 |
Ada S Mckinley Community Services Inc Chicago, IL | $17,309,260 | $43,710,701 |
Audubon Area Community Services Inc Owensboro, KY | $41,933,406 | $49,214,124 |