Civic Intelligence

Martin Luther King Multi-Serivce

EIN 23-7415846 • 501(c)3 • Indianapolis, IN

Profile

The mission of the martin luther king community center is to create a meaningful impact on the lives of those we serve through quality programs focused primarily on youth,seniors, and families.

40 West 40th StreetIndianapolis, IN 46208

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

28th percentile

0.04x

Higher debt load relative to assets than 28% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

36th percentile

0.12x

Higher debt load relative to revenue than 36% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

57th percentile

7.2%

Higher net margin than 57% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

27th percentile

$120,009

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

63rd percentile

8.6%

Faster asset growth than 63% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

77th percentile

30%

Faster revenue growth than 77% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Up

$12,424,227

Up $342,821 (+2.8%) from 2023

Liabilities

Up

$204,742

Up $31,025 (+18%) from 2023

Net Assets

Up

$12,219,485

Up $311,796 (+2.6%) from 2023

Revenue

Down

$3,636,862

Down $4,987,392 (-58%) from 2023

Expenses

Up

$3,600,886

Up $694,824 (+24%) from 2023

Net Income

Down

$35,976

Down $5,682,216 (-99%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $1,690,242Liabilities 2010: $97,697Net Assets 2010: $1,592,5452010Assets 2016: $1,116,976Liabilities 2016: $68,973Net Assets 2016: $1,048,0032016Assets 2017: $1,082,123Liabilities 2017: $22,581Net Assets 2017: $1,059,5422017Assets 2018: $1,275,293Liabilities 2018: $46,116Net Assets 2018: $1,229,1772018Assets 2019: $1,311,452Liabilities 2019: $57,843Net Assets 2019: $1,253,6092019Assets 2020: $1,944,213Liabilities 2020: $120,430Net Assets 2020: $1,823,7832020Assets 2021: $4,834,546Liabilities 2021: $420,490Net Assets 2021: $4,414,0562021Assets 2022: $6,458,276Liabilities 2022: $268,779Net Assets 2022: $6,189,4972022Assets 2023: $12,081,406Liabilities 2023: $173,717Net Assets 2023: $11,907,6892023Assets 2024: $12,424,227Liabilities 2024: $204,742Net Assets 2024: $12,219,4852024

Highlighted filing

2024

Assets$12,424,227
Liabilities$204,742
Net Assets$12,219,485

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $706,2312010Revenue 2016: $409,059Expenses 2016: $460,344Net Income 2016: -$51,2852016Revenue 2017: $698,231Expenses 2017: $686,692Net Income 2017: $11,5392017Revenue 2018: $1,113,456Expenses 2018: $943,821Net Income 2018: $169,6352018Revenue 2019: $1,135,419Expenses 2019: $1,110,987Net Income 2019: $24,4322019Revenue 2020: $1,751,963Expenses 2020: $1,181,788Net Income 2020: $570,1752020Revenue 2021: $4,461,315Expenses 2021: $1,871,042Net Income 2021: $2,590,2732021Revenue 2022: $3,976,008Expenses 2022: $2,200,567Net Income 2022: $1,775,4412022Revenue 2023: $8,624,254Expenses 2023: $2,906,062Net Income 2023: $5,718,1922023Revenue 2024: $3,636,862Expenses 2024: $3,600,886Net Income 2024: $35,9762024

Highlighted filing

2024

Revenue$3,636,862
Expenses$3,600,886
Net Income$35,976

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2019 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 31, 2019
Return Version
2018v3.2
Gross Receipts
$1,143,661
Mission and Program Overview

Mission

The mission of the martin luther king community center is to create a meaningful impact on the lives of those we serve through quality programs focused primarily on youth, seniors, and families.

The mission of the martin luther king community center is to create a meaningful impact on the lives of those we serve through quality programs focused primarily on youth,seniors, and families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$908,526$1,040,969▲ $132,443
Cash and Non-Interest-Bearing Accounts$252,488$206,150▼ $46,338
Pledges and Grants Receivable$86,320$52,492▼ $33,828
Prepaid Expenses and Deferred Charges$9,335$8,241▼ $1,094
Total Assets$1,275,293$1,311,452▲ $36,159
Other Assets Total$18,624$3,600▼ $15,024
Liabilities
Accounts Payable and Accrued Expenses$39,898$53,086▲ $13,188
Other Liabilities$3,324$4,757▲ $1,433
Deferred Revenue$2,894--
Total Liabilities$46,116$57,843▲ $11,727
Net Assets / Fund Balance
Unrestricted Net Assets$1,003,336$1,128,261▲ $124,925
Temporarily Rstr Net Assets$225,841$125,348▼ $100,493
Total Net Assets Fund Balance$1,229,177$1,253,609▲ $24,432
Total Liabilities and Net Assets / Fund Balance$1,275,293$1,311,452▲ $36,159

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$531,072$538,931$1,070,003
Buildings$201,970$239,608$441,578
Land$218,672-$218,672
Equipment$27,272$160,795$188,067
Other Land Buildings$61,983$7,907$69,890
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Allison LutheExecutive DiFT$72,000$72,000

Board Members and Trustees

NameTitle
Devin ThomasPresident/tr
Alli EmhardtDirector
Emory EdwardsDirector
Lisa MimsDirector
Rachel StevensDirector
Regina MajorsDirector
Ryan PuckettDirector
Siobhan Mcevoy-levyDirector
Steven StreetDirector
Rick PowisTarkington T
Evelyn Ridley-turnerVice Preside
Jerry WiseVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$674,589
Program Service Revenue
$433,092
Investment Income
$815
Other Revenue
$26,923
All Other Contributions
$516,819
Change in Net Assets
$24,432

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,135,419
Total Revenue per Audited Statements
$1,135,419
Total Revenue per Form 990
$1,135,419
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$601,201
Salaries, Compensation, and Employee Benefits$509,786
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$426,708$35,611-$462,319
Fees for Services Other$157,396$5,730-$163,126
Occupancy$44,184$3,326-$47,510
Payroll Taxes$42,354$5,113-$47,467
Depreciation Depletion$37,658$9,417-$47,075
Insurance$23,245$1,750-$24,995
All Other Expenses$13,551$2,127-$15,678
Other Expenses$11,922$772-$12,694
Travel$10,102$975-$11,077
Conferences and Meetings$3,579$1,949-$5,528
Office Expenses$1,463$932-$2,395
Total Functional Expenses$1,031,895$79,092$0$1,110,987

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,110,987
Total Expenses per Audited Statements$1,110,987
Total Expenses per Form 990$1,110,987
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$16,238
Fundraising Direct Expenses$4,042
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Founders Breakf$12,367$12,367$1,042$11,325
Total Events$12,367$12,367$1,042$11,325
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards Payable$4,048
Miscellaneous Payable$709
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Entire return was distributed to each board member for review. Board members then voted approval of the return as presented.

Form 990, Page 6, Part VI, Line 15A

Executive committee sets salaries.

Form 990, Page 6, Part VI, Line 15B

Executive committee sets salaries.

Form 990, Page 6, Part VI, Line 19

Policies and governing documents are not published, but are available on request. Some financial information is included in written materials issued by the center. The accountant's audit report is available on request.

Filing and Contact Details

Filer

Filer Name
Martin Luther King Multi-service
EIN
23-7415846
Phone
3179234581
Address
40 WEST 40TH STREET, INDIANAPOLIS, IN 46208
Doing Business As
Martin Luther King Community Center

Signing Officer

Name
Devin Thomas
Title
President/treasurer
Phone
3179234581
Signed
2019-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Devin Thomas
Formed
1981
Legal Domicile
In
Voting Board Members
12
Independent Board Members
12
Employees
68
Volunteers
180

Preparer

Firm
Cox Beckman Goss & Company
Address
6612 E 75TH STREET SUITE 300, INDIANAPOLIS, IN 46250
Preparer
Brian C Beckman CPA
Phone
3175450845
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional fees 157,396 5,730 0

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is subject to audit by federal, state or local authorities in the areas of income taxes. Along with a federal tax filing, the organization files in the state of indiana. The organization's federal and state income tax returns for 2017 through 2019 are subject to examination by the applicable tax authorities, generally for three years after the later of the original or extended due date. These audits could include questioning the organization's tax exempt status and compliance with federal, state, and local tax laws and potential unrelated business income tax. Management is not aware of any tax positions that are more likely than not to change in the next twelve months or that would not sustain an examination by applicable taxing authorities. Therefore, there is no effect recorded in these combined financial statements for assets or liabilities resulting from unrecognized tax benefits. The organization's policy is to recognize penalties and interest as incurred in the combined statement of activities, which totaled 0 for the year ended june 30, 2019.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS SUBJECT TO AUDIT BY FEDERAL, STATE OR LOCAL AUTHORITIES IN THE AREAS OF INCOME TAXES. ALONG WITH A FEDERAL TAX FILING, THE ORGANIZATION FILES IN THE STATE OF INDIANA. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS FOR 2017 THROUGH 2019 ARE SUBJECT TO EXAMINATION BY THE APPLICABLE TAX AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE. THESE AUDITS COULD INCLUDE QUESTIONING THE ORGANIZATION'S TAX EXEMPT STATUS AND COMPLIANCE WITH FEDERAL, STATE, AND LOCAL TAX LAWS AND POTENTIAL UNRELATED BUSINESS INCOME TAX. MANAGEMENT IS NOT AWARE OF ANY TAX POSITIONS THAT ARE MORE LIKELY THAN NOT TO CHANGE IN THE NEXT TWELVE MONTHS OR THAT WOULD NOT SUSTAIN AN EXAMINATION BY APPLICABLE TAXING AUTHORITIES. THEREFORE, THERE IS NO EFFECT RECORDED IN THESE COMBINED FINANCIAL STATEMENTS FOR ASSETS OR LIABILITIES RESULTING FROM UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION'S POLICY IS TO RECOGNIZE PENALTIES AND INTEREST AS INCURRED IN THE COMBINED STATEMENT OF ACTIVITIES, WHICH TOTALED 0 FOR THE YEAR ENDED JUNE 30, 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FOUNDERS BREAKF
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ENTIRE RETURN WAS DISTRIBUTED TO EACH BOARD MEMBER FOR REVIEW. BOARD MEMBERS THEN VOTED APPROVAL OF THE RETURN AS PRESENTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXECUTIVE COMMITTEE SETS SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXECUTIVE COMMITTEE SETS SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3POLICIES AND GOVERNING DOCUMENTS ARE NOT PUBLISHED, BUT ARE AVAILABLE ON REQUEST. SOME FINANCIAL INFORMATION IS INCLUDED IN WRITTEN MATERIALS ISSUED BY THE CENTER. THE ACCOUNTANT'S AUDIT REPORT IS AVAILABLE ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROFESSIONAL FEES 157,396 5,730 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
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