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Nonprofit · EIN 87-4291295

MAC FOUNDATION

Tax-exempt · OMAHA, NE 68134

Financials

$64K$50K2023$138K$78K2024$139K$106K2025
Revenue Expenses · by fiscal year end
Financials of MAC FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$139,212$105,770$33,442$98,735$0$98,735
December 31, 2024990$137,842$77,968$59,874$69,459$0$69,459
December 31, 2023990$64,404$50,428$13,976$36,500$2,950$33,550
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$60,276
Program service revenue
$12,450
Investment income
$0
Net income from fundraising events
$66,486
Other revenue
$66,486

Expenses

Grants and similar amounts paid
$20,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$9,321
Program services (functional)
$94,238
Management and general (functional)
$7,645
Fundraising (functional)
$3,887

Balance sheet and other

Total assets, start of year
$69,549
Total assets, end of year
$98,735
Total liabilities, end of year
$0
Net assets, end of year
$98,735
Net assets without donor restrictions
$98,735
Gross unrelated business income
$66,486
Gross receipts
$191,525
Employees
0
Volunteers
45
Year formed
2021
State of legal domicile
NE

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
KARINE E SOKPOHPRESIDENT
Trustee or director, Officer
5$0
DARELL BLACKBOARD MEMBER
Trustee or director
1$0
DR ALBERT KATETREASURER
Trustee or director
1$0
DR MATTHEW OMOJOLABOARD MEMBER
Trustee or director
1$0
TIERRA NESBITTVP MARKETING
Trustee or director
1$0
RALPH ABALOBOARD MEMBER
Trustee or director
1$0
PIERRE BITASECRETARY
Trustee or director
1$0
IKE IGBOKWEBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensationFrom related orgs
KARINE SOKPOHBOARD PRESIDENT
Trustee or director, Officer
10$0$60,000
JORDAN YOUNGSECRETARY
Trustee or director, Officer
10$0$0
DR ALBERT KATETREASURER
Trustee or director, Officer
10$0$0
DR MATTHEW OMOJOLABOARD MEMBER
Trustee or director
1$0$0
TIERRA NESBITTVP MARKETING
Trustee or director, Officer
5$0$0
OBIOZOR OKOLOBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgs
KARINE SOKPOHPRESIDENT
Trustee or director, Officer
10$0$57,692
JORDAN YOUNGSECRETARY
Trustee or director, Officer
10$0$0
DR ALBERT KATETREASURER
Trustee or director, Officer
10$0$0
DR MATTHEW OMOJOLABOARD MEMBER
Trustee or director
1$0$0
TIERRA NESBITTBOARD MEMBER
Trustee or director
1$0$0
OBIOZOR OKOLOBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
7930 BLONDO STREET STE 100, OMAHA, NE 68134-6661
In care of
% KARINE E SOKPOH
Principal officer (990 for 2025)
KARINE E SOKPOH, 7930 BLONDO STREET Ste 100, Omaha, NE 68134
Signed the 990
KARINE E SOKPOH, PRESIDENT
Phone
(402) 881-0343
Return prepared by
AFFABLE TAX & ACCOUNTING EXPERTS

Mission

TO CONNECT, EMPOWER, AND ELEVATE UNDERREPRESENTED ENTREPRENEURS.

990 for the year ended December 31, 2025

Program accomplishments

  • THE GRATITUDE GALA IS OUR ANNUAL FUNDRAISING EVENT THAT SUPPORTS OUR PROGRAMS. EVERY SPONSORSHIP, DONATION, AUCTION CONTRIBUTION, AND TICKET PURCHASED HELPS THE MAC FOUNDATION CONTINUE CREATING ACCESS, OPPORTUNITY, AND SUPPORT FOR UNDERREPRESENTED ENTREPRENEURS, STUDENTS, AND EMERGING LEADERS. THE CONTRIBUTIONS RECEIVED HELP FUND TRANSFORMATIVE PROGRAMS SUCH AS SUIT UP, RISING CEOS, MAC SCHOLARSHIPS, MAC XCELERATOR, UMOJA FORUM, AND OTHER ESSENTIAL MAC FOUNDATION INITIATIVES THAT PROVIDE MENTORSHIP, EDUCATION, ACCESS TO RESOURCES, AND OPPORTUNITIES FOR GROWTH. TOGETHER, WE CELEBRATE EXCELLENCE, HONOR LEADERSHIP, AND OPEN DOORS FOR THE NEXT GENERATION OF CHANGEMAKERS
    Expenses $52,315 · revenue $118,799
  • THE RISING CEOS PROGRAM CULTIVATES THE NEXT GENERATION OF BUSINESS LEADERS THROUGH A TEN-WEEK ENTREPRENEURIAL DEVELOPMENT EXPERIENCE FOR HIGH SCHOOL AND COLLEGE STUDENTS. PARTICIPANTS ENGAGE IN WORKSHOPS ON FINANCIAL LITERACY, LEADERSHIP, INNOVATION, AND BUSINESS PLANNING, CULMINATING IN A PITCH COMPETITION WHERE THEY PRESENT THEIR VENTURES TO A PANEL OF LOCAL EXECUTIVES AND EDUCATORS. SUPPORTED BY PARTNERS SUCH AS GOOGLE, BANK OF AMERICA, JOHN A. AND DIANNE M. SCOTT FOUNDATION, METROPOLITAN COMMUNITY COLLEGE, AND LOZIER, THE PROGRAM AIMS TO BUILD CONFIDENCE, CRITICAL THINKING, AND COLLABORATION AMONG YOUNG LEADERS. THROUGH MENTORSHIP AND EXPERIENTIAL LEARNING, RISING CEOS EMPOWERS STUDENTS TO TRANSFORM IDEAS INTO ACTION AND CAREERS INTO LEGACIES.
    Expenses $21,826 · grants $500 · revenue $12,000
  • THE SUIT UP PROGRAM EMPOWERS UNDERSERVED YOUTH AND YOUNG ADULTS BY PROVIDING PROFESSIONAL ATTIRE, MENTORSHIP, AND WORKFORCE READINESS TRAINING. THROUGH QUARTERLY SESSIONS, PARTICIPANTS RECEIVE NOT ONLY SUITS AND BUSINESS CLOTHING BUT ALSO CAREER COACHING, MOCK INTERVIEWS, AND ACCESS TO EMPLOYMENT OPPORTUNITIES. MAC PARTNERS WITH BOTH NONPROFIT ORGANIZATIONS AND CORPORATE SPONSORS TO DELIVER THIS PROGRAM, ENSURING THAT EACH PARTICIPANT LEAVES WITH THE CONFIDENCE AND TOOLS NEEDED TO ENTER THE WORKFORCE OR PURSUE HIGHER EDUCATION. THE INITIATIVE REINFORCES THE CHAMBERS BELIEF THAT ECONOMIC EMPOWERMENT BEGINS WITH DIGNITY, OPPORTUNITY, AND PREPARATION.
    Expenses $13,497
  • THE MAC SCHOLARSHIP PROGRAM INVESTS IN THE EDUCATIONAL SUCCESS OF FUTURE LEADERS BY AWARDING TWENTY $1,000 SCHOLARSHIPS EACH YEAR TO COLLEGE AND UNIVERSITY STUDENTS PURSUING DEGREES IN FIELDS SUCH AS BUSINESS, ACCOUNTING, LAW, AND STEM. THE SCHOLARSHIPS ARE AWARDED TO STUDENTS WHO DEMONSTRATE ACADEMIC EXCELLENCE, LEADERSHIP, AND A COMMITMENT TO COMMUNITY SERVICE. THIS PROGRAM REFLECTS MACS COMMITMENT TO BUILDING AN EQUITABLE PIPELINE OF TALENTED PROFESSIONALS READY TO CONTRIBUTE TO THE REGIONS ECONOMIC AND CIVIC DEVELOPMENT.
    Expenses $6,600 · grants $20,000 · revenue $21,615
  • THE UMOJA FORUM FOSTERS UNITY AND COLLABORATION BETWEEN AFRICAN IMMIGRANTS AND AFRICAN AMERICANS THROUGH DIALOGUE, STORYTELLING, AND JOINT INITIATIVES. DERIVED FROM THE SWAHILI WORD FOR UNITY, UMOJA PROVIDES A SPACE FOR HONEST CONVERSATION AND SHARED LEARNING THAT BRIDGES CULTURAL DIVIDES AND STRENGTHENS COLLECTIVE INFLUENCE. THE PROGRAM FEATURES BOTH VIRTUAL AND IN-PERSON EVENTS THAT EXPLORE ISSUES SUCH AS RACIAL EQUITY, CULTURAL IDENTITY, AND ECONOMIC MOBILITY. THROUGH THESE FORUMS, MAC HELPS BUILD STRONGER ALLIANCES WITHIN THE BLACK DIASPORA COMMUNITY TO PROMOTE MUTUAL GROWTH AND EMPOWERMENT.

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
87-4291295
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
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$98,735
Income (IRS master file)
$191,525

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$139,212$105,770$98,735XML
990December 2024$137,842$77,968$69,459IRS
990December 2023$64,404$50,428$36,500XML
990December 2022$45,346$8,680$55,611IRS

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 87-4291295).

Questions about MAC FOUNDATION

What is the EIN of MAC FOUNDATION?
The employer identification number (EIN) of MAC FOUNDATION is 87-4291295.
Is MAC FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to MAC FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MAC FOUNDATION 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 MAC FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MAC FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of MAC FOUNDATION?
The 990 for the year ended December 31, 2025 names KARINE E SOKPOH.
Who are the officers and directors of MAC FOUNDATION?
The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does MAC FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $139,212, expenses of $105,770 and total assets of $98,735 at year end.

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