2026-05-15T09:02:52-05:00 2025-06-30 752393478 WHITLEY PENN LLP 640 TAYLOR STREET SUITE 2200 FT WORTH TX 76102 990 2024-07-01 311807636 MARC ENDOWMENT INC MARC 4326959001 2701 NORTH A STREET MIDLAND TX 79705 KARRI GEILING EXECUTIVE DIRECTOR 4326959001 2026-05-14 1 1 EMILY LANDRY P01614538 8172599100 2024 2025-03-06 01:10:19Z KARRI GEILING 2701 NORTH A STREET MIDLAND TX 79705 244417 0 X N/A X 2001 TX THE ORGANIZATION OPERATES FOR THE EXCLUSIVE BENEFIT OF MARC, INC. BY MANAGING ENDOWMENT INVESTMENTS AND MAKING GRANTS TO OR FOR THE BENEFIT OF MARC, INC., AND ENGAGING IN ACTIVITIES THAT SUPPORT OR BENEFIT MARC, INC. 4 4 0 4 0 0 0 250 0 0 158365 244167 0 0 158365 244417 289155 309632 0 0 0 0 0 0 0 17163 0 306318 309632 -147953 -65215 3197327 3219628 0 0 3197327 3219628 THE ORGANIZATION OPERATES FOR THE EXCLUSIVE BENEFIT OF MARC, INC. BY MANAGING ENDOWMENT INVESTMENTS AND MAKING GRANTS TO OR FOR THE BENEFIT OF MARC, INC., AND ENGAGING IN ACTIVITIES THAT SUPPORT OR BENEFIT MARC, INC. 0 0 309632 309632 THE ORGANIZATION MANAGES AN ENDOWMENT FUND AND ENGAGES IN ACTIVITIES FOR THE EXCLUSIVE BENEFIT OF MARC, INC. 309632 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X X MARC ENDOWMENT INC 4326959901 2701 NORTH A STREET MIDLAND TX 79705 X BLAKE CAUTHEN PRESIDENT 1.00 X X 0 0 0 KELLY LLOYD TREASURER 1.00 X X 0 0 0 DAVID ADAMS BOARD DIRECTOR 1.00 X 0 0 0 BROOKS SITKA BOARD DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 250 250 244167 244167 244417 0 0 244167 309632 309632 309632 309632 0 0 240633 44 2956694 3219584 3197327 3219628 0 0 X 168211 675921 3029116 2543707 3197327 3219628 3197327 3219628 -65215 87516 0 X X 0 1 X 1 0 X X 1 MARC INC 751038411 7 1 309632 0 1 309632 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 3197327 331933 309632 3219628 2843517 651765 289155 8800 3197327 2467885 273394 198964 88363 8363 2843517 2782429 -293837 11908 8799 2467885 2226318 10400 603510 50000 7799 2782429 0.20994 0.79006 0 0 0 X PART X, LINE 2: THE ORGANIZATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"), AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2025, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION FOR YEARS PRIOR TO 2022. 0 MARC INC 2701 NORTH A STREET MIDLAND TX 79705 751038411 501(C)(3) 309632 0 GENERAL SUPPORT 1 PART I LINE 2 THE BOARD OF DIRECTORS OVERSEES GRANTS BY REVIEWING FINANCIAL AND ACCOUNTABILITY REPORTS MADE WITH THE FUNDS AWARDED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE ENTIRE BOARD AT THEIR REGULAR SCHEDULED MEETING TO REVIEW AND APPROVE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12 THE ORGANIZATION IS A SUPPORTING ORGANIZATION OF MARC, INC., AS DESCRIBED IN SCHEDULE A AND SCHEDULE R. THE POLICIES AND PROCESSES REFERENCED IN THIS SECTION APPLY TO MARC, INC., AS THE SUPPORTED ORGANIZATION. MARC ENDOWMENT INC. HAS NO EMPLOYEES AS THE EXECUTIVE DIRECTOR OF MARC, INC. SERVES IN THIS CAPACITY FOR BOTH ORGANIZATIONS AS DEFINED IN THE BYLAWS. FORM 990, PART VI, SECTION C, LINE 18 FORM 1023 AND FORM 990 ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT MAKE ANY CHANGES TO ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR. MARC INC 2701 NORTH A ST MIDLAND TX 79705 751038411 PROGRAMS FOR DISABLED TX 501(C)(3) LINE 7 YES 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MARC INC B 309632 FMV