Civic Intelligence

National Monuments Foundation Inc.

990 • Fiscal year 2014 • EIN 06-1705763

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

395 17th streetAtlanta, GA 30363

(404) 881-0900

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

82nd percentile

0.70x

Higher debt load relative to assets than 82% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

97th percentile

10.22x

Higher debt load relative to revenue than 97% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

2nd percentile

-96%

Higher net margin than 2% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

13th percentile

$35,205

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

8th percentile

-9.2%

Faster asset growth than 8% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

90th percentile

58%

Faster revenue growth than 90% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Assets

Down

$12,857,672

Down $1,305,656 (-9.2%) from 2013

Net Assets

Down

$3,793,344

Down $2,119,657 (-36%) from 2013

Liabilities

Up

$9,064,328

Up $814,001 (+9.9%) from 2013

Revenue

Up

$886,864

Up $326,817 (+58%) from 2013

Expenses

Up

$1,737,313

Up $287,742 (+20%) from 2013

Net Income

Up

-$850,449

Up $39,075 (+4.4%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2010: $16,084,787Liabilities 2010: $8,264,714Net Assets 2010: $7,820,0732010Assets 2011: $15,103,253Liabilities 2011: $8,075,552Net Assets 2011: $7,027,7012011Assets 2012: $14,612,341Liabilities 2012: $7,786,942Net Assets 2012: $6,825,3992012Assets 2013: $14,163,328Liabilities 2013: $8,250,327Net Assets 2013: $5,913,0012013Assets 2014: $12,857,672Liabilities 2014: $9,064,328Net Assets 2014: $3,793,3442014Assets 2015: $14,855,831Liabilities 2015: $8,279,279Net Assets 2015: $6,576,5522015Assets 2016: $15,016,717Liabilities 2016: $8,102,062Net Assets 2016: $6,914,6552016Assets 2017: $17,396,609Liabilities 2017: $7,956,768Net Assets 2017: $9,439,8412017Assets 2018: $14,188,302Liabilities 2018: $5,185,279Net Assets 2018: $9,003,0232018Assets 2019: $15,519,387Liabilities 2019: $4,358,883Net Assets 2019: $11,160,5042019Assets 2020: $14,636,736Liabilities 2020: $4,657,875Net Assets 2020: $9,978,8612020Assets 2021: $15,451,772Liabilities 2021: $4,760,423Net Assets 2021: $10,691,3492021Assets 2022: $15,015,966Liabilities 2022: $4,184,209Net Assets 2022: $10,831,7572022Assets 2023: $13,970,873Liabilities 2023: $2,816,924Net Assets 2023: $11,153,9492023Assets 2024: $13,398,863Liabilities 2024: $2,913,441Net Assets 2024: $10,485,4222024

Highlighted filing

2014

Assets$12,857,672
Liabilities$9,064,328
Net Assets$3,793,344

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,724,3122010Expenses 2011: $1,184,7912011Expenses 2012: $1,277,9582012Revenue 2013: $560,047Expenses 2013: $1,449,571Net Income 2013: -$889,5242013Revenue 2014: $886,864Expenses 2014: $1,737,313Net Income 2014: -$850,4492014Revenue 2015: $645,790Expenses 2015: $2,053,822Net Income 2015: -$1,408,0322015Revenue 2016: $2,169,684Expenses 2016: $1,831,581Net Income 2016: $338,1032016Revenue 2017: $4,641,760Expenses 2017: $2,116,574Net Income 2017: $2,525,1862017Revenue 2018: $5,146,975Expenses 2018: $3,004,958Net Income 2018: $2,142,0172018Revenue 2019: $1,495,769Expenses 2019: $1,918,123Net Income 2019: -$422,3542019Revenue 2020: $305,472Expenses 2020: $1,750,707Net Income 2020: -$1,445,2352020Revenue 2021: $1,253,067Expenses 2021: $1,516,409Net Income 2021: -$263,3422021Revenue 2022: $2,587,257Expenses 2022: $2,446,849Net Income 2022: $140,4082022Revenue 2023: $2,110,969Expenses 2023: $1,788,777Net Income 2023: $322,1922023Revenue 2024: $738,920Expenses 2024: $1,423,266Net Income 2024: -$684,3462024

Highlighted filing

2014

Revenue$886,864
Expenses$1,737,313
Net Income-$850,449
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$886,864
Mission and Program Overview

Mission

The National Monuments Foundation mission is to create self-sustaining destination landmarks of national, historical and aesthetic relevance, as well as centers for cultural, civic and social activities for local and greater communities around the world.

The national monument foundation mission is to create self-sustaining destination landmarks for local and greater communities around the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,197,522$12,724,690▼ $472,832
Loans From Officers Directors$2,055,476$2,145,859▲ $90,383
Accounts Receivable$0$72,835▲ $72,835
Receivables From Officers Etc$43,800$43,800→ $0
Cash and Non-Interest-Bearing Accounts$11,160$16,347▲ $5,187
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$13,252,482$12,857,672▼ $394,810
Other Assets Total$0$0→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,124,939$6,799,602▲ $674,663
Accounts Payable and Accrued Expenses$134,546$96,867▼ $37,679
Other Liabilities$18,550$22,000▲ $3,450
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$8,333,511$9,064,328▲ $730,817
Net Assets / Fund Balance
Unrestricted Net Assets$4,918,971$3,793,344▼ $1,125,627
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$4,918,971$3,793,344▼ $1,125,627
Total Liabilities and Net Assets / Fund Balance$13,252,482$12,857,672▼ $394,810

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$911,432$2,092,821$11,976,320
Other Land Buildings$10,447,258$429,377$1,904,568
Land$1,366,000-$1,366,000
Equipment$0$44,350$44,350
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Chris ScullyBookkeeper/ Lead AccountantPT$35,205$35,205

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$726,998
Program Service Revenue
$37,020
Investment Income
$0
Other Revenue
$122,846
All Other Contributions
$726,998
Change in Net Assets
$-850,449
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,517,553
Salaries, Compensation, and Employee Benefits$184,982
Total Fundraising Expense$68,461
Professional Fundraising Fees$34,778
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$539,730$134,933-$674,663
Depreciation Depletion$420,933$59,827-$480,760
Other Salaries and Wages$65,604$62,048-$127,652
Office Expenses$54,360$13,590-$67,950
Occupancy$47,138$11,784-$58,922
Insurance$38,522$9,630-$48,152
Travel$19,659-$18,354$38,013
Current Officers, Directors, Trustees, and Key Employees$28,164$7,041-$35,205
Fees for Services Professional Fundraising--$34,778$34,778
Payroll Taxes$22,125--$22,125
Advertising$10,989-$9,518$20,507
All Other Expenses$7,890$1,972$1,311$11,173
Fees for Services Other-$5,928$4,500$10,428
Other Expenses$2,092$3,046-$5,138
Fees for Services Legal-$4,500-$4,500
Fees for Services Accounting-$2,000-$2,000
Total Functional Expenses$1,348,842$320,010$68,461$1,737,313
International Activity

International Summary

Offices
0
Employees
0
Spending
$25,701

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland and Greenland)Program ServicesResearch Paintings00$25,701
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$34,778
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$2,055,476$2,145,859▲ $90,383
Receivables from Officers, Directors, Trustees, and Key Employees$43,800$43,800→ $0
Receivables from Disqualified Persons$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits$22,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 11B

Form 990 is prepared by an independent CPA firm and reviewed by the organization's top officers prior to filing with the IRS.

Part VI, Line 12C

This policy is discussed at each board meeting.

Part VI, Line 15A

Reasonableness of compensation is determined by comparing to other simliar organizations. Top management compensation is approved annually by board of directors. Accordingly, the approved compensation is documented in the board minutes.

Part VI, Line 19

Available upon request.

Filing and Contact Details

Filer

Filer Name
National Monuments Foundation Inc
EIN
06-1705763
In Care Of
% RODNEY COOK
Phone
4048810900
Address
395 17th street, Atlanta, GA 30363

Signing Officer

Name
Rodney Cook
Title
president
Phone
4048870900
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rodney Cook
Formed
2003
Legal Domicile
Ga
Voting Board Members
16
Independent Board Members
15
Employees
3

Preparer

Firm
Smith & Howard Pc
Address
271 17TH STREET SUITE 1600, ATLANTA, GA 30363
Preparer
Marc Azar
Phone
4048746244
Supplemental Narrative

Additional Explanations

Part III, Line 4

TOP THREE EVENTS OF THE FOUNDATIONS PROGRAM: 1. The Art of Diplomacy: Winston Churchill and the Pursuit of painting toured eight cities in Georgia including LaGrange, Sea Island, Columbus, Macon, Atlanta, Rome, Athens, and Savannah. The exhibition was seen by over 60,000 people and ran from August 2, 2014 - July 26, 2015. The president of the National Monuments Foundation gave 41 speeches about the exhibition across the state of Georgia over a year. A full color catalogue was published and distributed to many libraries across the state. The objective of the program was to educate the citizens of Georgia about the history of World War II, Winston Churchill, and Georgia's role during World War II. 2. The Churchill England trip was conducted to secure the loan of over 30 paintings created by Sir Winston Churchill by the descendants of the Churchill family. The exhibition opened in Atlanta with 33 paintings by Winston Churchill and 4 others paintings by Churchill descendants and President Eisenhower. The objective of the trip was research and the securing of painting loans. 3. The Japan-Georgia 40th anniversary brought together 23 Japanese art and culture organizations including ikebana, anime, marital arts, bonsai, and noh theatre among others. The one day event had over 400 participants from around the state of Georgia. President Jimmy Carter, Governor Nathan Deal, Ambassador Caroline Kennedy, Ambassador Kenichiro Sasae, Mayor Kasim Reed, and Mayor Robert Reichert all participated. 40 Somei-Yoshino Cherry Trees were planted on the grounds of the Millennium Gate Museum to commemorate the event. The objective of the event was to showcase Japanese culture to the people of Georgia and commemorate the 40th anniversary of consular relations between Japan and the state of Georgia.

Financial Statement Notes

Part X, Line 2

The Foundation is exempt from income taxes under Section 501(c)(3) of the U.S. Internal Revenue Code, as amended, and is classified by the Internal Revenue Service as other than a private foundation. Accordingly, no liability for federal and state income taxes has been recorded in the accompanying statement of financial position. The Foundation annually evaluates all federal and state income tax positions. This process includes an analysis of whether these income tax positions the Foundation takes meet the definition of an uncertain tax position under the Income Taxes Topic of the Financial Accounting Standards Codification. In the normal course of business, the Foundation is subject to examination by the federal and state taxing authorities. In general, the Foundation is no longer subject to tax examinations for tax years ending before December 31, 2011.

Part III Line 4

The Glenn Gallery The Glenn Gallery, located just inside the entrance of The Millennium Gate, pays tribute to the amazing history of its Atlantic Station site. Originally the Atlantic Station site was the home of Atlantic Steel, a mill that was started at the turn of the Nineteenth Century and later grew into one of the region's most powerful companies, employing more than 2,000 workers. Today, the huge blasting ovens are gone and the long dormant steel plant has given way to an innovative, bustling new community, a "city within a city," with thousands of homes, apartments, shops, stores and office buildings. The Glenn Gallery includes a series of photographic exhibits that introduce visitors to the area's dramatic metamorphosis from thriving steel mill to thriving new town and will showcase the cultural and physical changes that the site has witnessed over the last century. The exhibits will honor all of those associated with the mill from its earliest days, including the ordinary citizens and workers who labored in hot and clamorous foundries to make Atlantic Steel one of the most innovative and productive mid-century mills in the country. Making reference to the mythological Phoenix, a bird that rises triumphantly from the ashes and which has been a part of the City of Atlanta's seal since 1887, the gallery will show how a new and vital urban area arose from the ashes of a reclaimed brownfield. 18th Century Georgia Pioneer Gallery Beginning with pre-Columbian Native American history and 16th century Spanish settlement of the coast, the Georgia Pioneer Gallery focuses on General Oglethorpe's creation of the Colony of Georgia and the enlightenment ideals that were so instrumental in its inception. The gallery contains documents and historical artifacts from the Native Indian, Spanish, British Colonial, and American Revolutionary periods that complement and add dimension to the museum's history exhibit panels. 19th and 20th Century Galleries The galleries narrate the story of Atlanta's and Georgia's early history and the bold leadership that has helped them jointly grow into one of the most important destinations in the world. The exhibition features photographs and artifacts from twenty of Atlanta's pioneering families, names such as Adair, Candler, Glenn, Herndon, Rich, Woodruff, and many others who have helped to shape our social, economic, political, and philanthropic landscape. 21st Century Interactive Gallery In partnership with Georgia Tech's Interactive Media Technology Center, the museum has created an Interactive Philanthropy Gallery that allows visitors to explore Atlanta and how philanthropy has changed the various neighborhoods that comprise this thriving metropolis. Using Nintendo Wii technology in an immersive theater setting, visitors have the opportunity to explore Atlanta's history. In the second interactive component, a projection visualizes Atlanta's evolution over the past 150 years, giving visitors the chance to switch between historic and contemporary images of our city's major landmarks with a simple wave of the hand. The Tocqueville Corridor In Tocqueville Corridor, visitors will be introduced to the development of philanthropy in the United States. The famous French social philosopher and observer of early American life, Alexis de Tocqueville traveled through Georgia in 1832. A map of his journey and selected quotes from his writings will be displayed in this area. Tocqueville often commented on the generous spirit of Americans, and in his 1840 book, Democracy in America, he wrote that "Americans group together to hold ftes, found seminaries, build inns, construct churches, distribute books, dispatch missionaries to the antipodes. They establish hospitals, prisons, schools by the same method." This observation on the pioneering and ever forward-thinking spirit of early Georgians and early Americans provides the perfect segue to the Philanthropy Gallery. Period Rooms The Millennium Gate features three

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.4$2.91$10.5$0.74$1.42$0.68
2023Detailed filing. Detailed filing data is available for this year.$14.0$2.82$11.2$2.11$1.79$0.32
2022Detailed filing. Detailed filing data is available for this year.$15.0$4.18$10.8$2.59$2.45$0.14
2021Detailed filing. Detailed filing data is available for this year.$15.5$4.76$10.7$1.25$1.52$0.26
2020Detailed filing. Detailed filing data is available for this year.$14.6$4.66$9.98$0.31$1.75$1.45
2019Detailed filing. Detailed filing data is available for this year.$15.5$4.36$11.2$1.50$1.92$0.42
2018Detailed filing. Detailed filing data is available for this year.$14.2$5.19$9.00$5.15$3.00$2.14
2017Detailed filing. Detailed filing data is available for this year.$17.4$7.96$9.44$4.64$2.12$2.53
2016Detailed filing. Detailed filing data is available for this year.$15.0$8.10$6.91$2.17$1.83$0.34
2015Detailed filing. Detailed filing data is available for this year.$14.9$8.28$6.58$0.65$2.05$1.41
2014Detailed filing. Detailed filing data is available for this year.$12.9$9.06$3.79$0.89$1.74$0.85
2013Detailed filing. Detailed filing data is available for this year.$14.2$8.25$5.91$0.56$1.45$0.89
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.6$7.79$6.83$1.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.1$8.08$7.03$1.18
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.1$8.26$7.82$1.72