Nonprofit · EIN 41-1989867
MARCUS MCCOY FOUNDATION
Tax-exempt · EXCELSIOR, MN 55331
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $68,681 | $858,290 | -$789,609 | $2,635,654 | $0 | $2,635,654 |
| December 31, 2023 | 990-PF | $82,329 | $316,613 | -$234,284 | $3,425,273 | $0 | $3,425,273 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $92,648
- Net gain from sales of assets
- -$23,967
Expenses
- Grants and similar amounts paid
- $670,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $840,052
- Excise tax on investment income
- $1,043
Balance sheet and other
- Total assets, start of year
- $3,425,273
- Total assets, end of year
- $2,635,654
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,635,654
- Fair market value of assets
- $2,904,975
- Qualifying distributions
- $840,052
- Net investment income
- $92,648
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOAN M ASHTON 6425 VIRGINIA AVE, EXCELSIOR, MN 55331 | PRESIDENT, DIRETOR | 20 | $0 |
| NANCY ASHTON 6425 VIRGINIA AVE, EXCELSIOR, MN 55331 | SECR., TREAS., DIRECTOR | 1 | $0 |
| SALLY ANN STORY 6425 VIRGINIA AVE, EXCELSIOR, MN 55331 | DIRECTOR | 1 | $0 |
| KREEA ASHTON 6425 VIRGINIA AVE, EXCELSIOR, MN 55331 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOAN M ASHTON 6425 VIRGINIA AVE, EXCELSIOR, MN 55331 | PRESIDENT, DIRETOR | 20 | $0 |
| NANCY ASHTON 6425 VIRGINIA AVE, EXCELSIOR, MN 55331 | SECR., TREAS., DIRECTOR | 1 | $0 |
| SALLY ANN STORY 6425 VIRGINIA AVE, EXCELSIOR, MN 55331 | DIRECTOR | 1 | $0 |
| KREEA ASHTON 6425 VIRGINIA AVE, EXCELSIOR, MN 55331 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 6425 VIRGINIA DR, EXCELSIOR, MN 55331-7775
- In care of
- % NANCY ASHTON
- Signed the 990-PF
- MARC ASHTON, PRESIDENT
- Phone
- (952) 563-5838
- Return prepared by
- BOULAY PLLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 41-1989867
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $2,635,654
- Income (IRS master file)
- $196,327
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $68,681 | $858,290 | $2,635,654 | IRS |
| 990-PF | December 2023 | $82,329 | $316,613 | $3,425,273 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1989867).
Questions about MARCUS MCCOY FOUNDATION
- What is the EIN of MARCUS MCCOY FOUNDATION?
- The employer identification number (EIN) of MARCUS MCCOY FOUNDATION is 41-1989867.
- Is MARCUS MCCOY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to MARCUS MCCOY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MARCUS MCCOY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MARCUS MCCOY FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARCUS MCCOY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of MARCUS MCCOY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does MARCUS MCCOY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $68,681, expenses of $858,290 and total assets of $2,635,654 at year end.
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