MILLARD COLLEGE FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

MILLARD COLLEGE FOUNDATION INC

EIN 85-2558978

What they do

THE PURPOSE of THE MILLARD COLLEGE is to PROVIDE QUALITY EDUCATION IN AN ATMOSPHERE of LOVE, THAT is SAFE and BUILT for LEARNING. THE COLLEGE is COMMITTED to ENABLING STUDENTS to REACH THEIR ACADEMIC, VOCATIONAL, and PERSONAL GOALS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $79.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

59.57%of revenue went to mission work79.5% of expenses · Program services

$74.95spent for every $100 of revenueRevenue covered expenses this year.

15.38%of revenue went to management and office costs20.5% of expenses

$0.60in assets for every $1 spent this yearSome assets cannot be spent right away.

41.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $193,113 for RANDY STINSON (PRESIDENT OF). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,934,016

Mission workProgram services$1,152,07459.57% of revenue79.5% of expenses

ManagementOffice and general costs$297,39515.38% of revenue20.5% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$484,54725.05% of revenueShown in gray on the chart

Total expenses$1,449,46974.95% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 79.5% mission · 20.5% management · 0.0% fundraisingTotal expenses: 74.95% of revenue

2022Expense mix: 86.2% mission · 13.8% management · 0.0% fundraisingTotal expenses: 101.39% of revenue

2021Expense mix: 92.9% mission · 7.1% management · 0.0% fundraisingTotal expenses: 76.39% of revenue

2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 87.14% of revenue

Money in and money out

Revenue$1,934,016

Expenses$1,449,469

Annual surplus $484,547 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,152,074 · 79.5% of expenses

Management and office costs$297,395 · 20.5% of expenses

See all reported dollar amounts

Revenue$1,934,016

Expenses$1,449,469

Assets$863,133

Contributions$797,062

Mission work (program services)$1,152,074

Management and general$297,395

Accounting fees$37,101

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

RANDY STINSONPRESIDENT OF · 40 hrs/week $193,113

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (7)

RANDY STINSONPRESIDENT OF

DEANNA MUNCYBOARD MEMBER

JOHNATHAN GAYBOARD MEMBER

LAWRENCE VINSONBOARD MEMBER

MATT BROWNBOARD MEMBER

SCOTT ROBINSONCHAIRMAN OF

STEVE RAMEYBOARD MEMBER

About this charity

Location: 123 S MAIN CROSS ST, LOUISA, KY 41230
County: Lawrence
In care of: SCOTT ROBINSON
Primary officer: SCOTT ROBINSON, CHAIRMAN OF BOARD

How to reach them

WebsiteVisit the charity’s website Phone(606) 259-4155

Filing and classification

Latest tax year: 2023
Tax period began: January 1, 2023
Return type: 990
Tax preparer: AKERS & COMPANY LLC