Skip to main content

Nonprofit · EIN 26-0248390

MAP FOUNDATION INC

Tax-exempt · LEXINGTON, KY 40502

Financials

$1.7M$1.4M2023$1.1M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of MAP FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$1,104,635$1,096,837$7,798$5,036,096$1,247,277$3,788,819
March 31, 2024990$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.

NameTitleHours / weekCompensation
RICK AVAREChairman
Trustee or director, Officer
5$0
JAMAL MASHBURNVice President
Trustee or director, Officer
1$0
KAREN M BOENSSecretary
Trustee or director, Officer
5$0
DILLON AVAREDirector
Trustee or director
5$0
RALPH CURRIETreasurer
Officer
2$0
990 for the year ended March 31, 2024: 5 people
NameTitleHours / weekCompensation
RICK AVAREChairman
Trustee or director, Officer
5$0
JAMAL MASHBURNVice President
Trustee or director, Officer
1$0
KAREN BOENSSecretary
Trustee or director, Officer
5$0
DILLON AVAREDirector
Trustee or director
1$0
RALPH CURRIETreasurer
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.

990 for the year ended March 31, 2025

Program accomplishments

  • CONTINUED SUPPORT OF KENTUCKY CHILDREN'S HOSPITAL AND OTHER CHARITIES
    Expenses $817,013
  • SUPPORT OF LIONSGATE MINISTRIES,THE WOODHILL COMMUNITY CENTER AND THE FATHERHOOD INITIATIVE FACILITIES
    Expenses $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 yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 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
Assets (IRS master file)
$5,036,096
Income (IRS master file)
$1,275,972

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$1,104,635$1,096,837$5,036,096XML
990March 2024$1,674,558$1,352,361$5,071,396XML
990March 2023$1,551,478$864,346$4,794,511IRS
990March 2022–––IRS
990March 2021–––IRS
990March 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.

Other nonprofits in LEXINGTON

All nonprofits in LEXINGTON · Kentucky · Philanthropy, voluntarism and grantmaking foundations