Nonprofit · EIN 26-0248390
MAP FOUNDATION INC
Tax-exempt · LEXINGTON, KY 40502
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $1,104,635 | $1,096,837 | $7,798 | $5,036,096 | $1,247,277 | $3,788,819 |
| March 31, 2024 | 990 | $1,674,558 | $1,352,361 | $322,197 | $5,071,396 | $1,290,375 | $3,781,021 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $720,606
- Program service revenue
- $0
- Investment income
- $451
- Net income from fundraising events
- $55,835
- Net income from gaming
- $327,743
- Other revenue
- $383,578
Expenses
- Grants and similar amounts paid
- $1,096,837
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $1,096,837
Balance sheet and other
- Total assets, start of year
- $5,071,396
- Total assets, end of year
- $5,036,096
- Total liabilities, end of year
- $1,247,277
- Net assets, end of year
- $3,788,819
- Land, buildings and equipment
- $4,404,685
- Net assets without donor restrictions
- $3,788,819
- Gross unrelated business income
- $451
- Gross receipts
- $1,275,972
- Employees
- 0
- Volunteers
- 25
- Year formed
- 2007
- State of legal domicile
- KY
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 for the year ended March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICK AVARE | Chairman Trustee or director, Officer | 5 | $0 |
| JAMAL MASHBURN | Vice President Trustee or director, Officer | 1 | $0 |
| KAREN M BOENS | Secretary Trustee or director, Officer | 5 | $0 |
| DILLON AVARE | Director Trustee or director | 5 | $0 |
| RALPH CURRIE | Treasurer Officer | 2 | $0 |
990 for the year ended March 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICK AVARE | Chairman Trustee or director, Officer | 5 | $0 |
| JAMAL MASHBURN | Vice President Trustee or director, Officer | 1 | $0 |
| KAREN BOENS | Secretary Trustee or director, Officer | 5 | $0 |
| DILLON AVARE | Director Trustee or director | 1 | $0 |
| RALPH CURRIE | Treasurer Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1999 RICHMOND RD STE 300, LEXINGTON, KY 40502-1200
- In care of
- % KAREN BOENS
- Principal officer (990 for 2024)
- RICK AVARE, 1999 RICHMOND ROAD 300, LEXINGTON, KY 40502
- Signed the 990
- KAREN BOENS, Secretary
- Phone
- (859) 335-8361
- Return prepared by
- Ralph A Currie
Mission
TO PROVIDE SUPPORT TO PROGRAMS THAT BENEFIT YOUNG PEOPLE BY SUPPLYING ONGOING OPPORTUNITIES FOR MENTORING AS WELL AS THE DEVELOPMENT OF WELL ROUNDED INDIVIDUALS WHO WILL BE OF BENEFIT TO OUR COMMUNITIES.
Program accomplishments
- CONTINUED SUPPORT OF KENTUCKY CHILDREN'S HOSPITAL AND OTHER CHARITIESExpenses $817,013
- SUPPORT OF LIONSGATE MINISTRIES,THE WOODHILL COMMUNITY CENTER AND THE FATHERHOOD INITIATIVE FACILITIESExpenses $279,824
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 26-0248390
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $5,036,096
- Income (IRS master file)
- $1,275,972
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | $1,104,635 | $1,096,837 | $5,036,096 | XML |
| 990 | March 2024 | $1,674,558 | $1,352,361 | $5,071,396 | XML |
| 990 | March 2023 | $1,551,478 | $864,346 | $4,794,511 | IRS |
| 990 | March 2022 | – | – | – | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | 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 26-0248390).
Questions about MAP FOUNDATION INC
- What is the EIN of MAP FOUNDATION INC?
- The employer identification number (EIN) of MAP FOUNDATION INC is 26-0248390.
- Is MAP FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to MAP FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAP FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MAP FOUNDATION INC due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAP FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who is the principal officer of MAP FOUNDATION INC?
- The 990 for the year ended March 31, 2025 names RICK AVARE.
- Who are the officers and directors of MAP FOUNDATION INC?
- The 990 for the year ended March 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does MAP FOUNDATION INC have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $1,104,635, expenses of $1,096,837 and total assets of $5,036,096 at year end.
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All nonprofits in LEXINGTON · Kentucky · Philanthropy, voluntarism and grantmaking foundations