Civic Intelligence

Material Handling Educational Foundation Inc.

990 • Fiscal year 2012 • EIN 25-1303313

Jan 01, 2012 to Dec 31, 2012 • Filed on Oct 22, 2013

8720 Red Oak Blvd No 20128217
Siviq Scores

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

Liabilities / Assets

30th percentile

0.00x

Higher debt load relative to assets than 30% of similar nonprofits.

2012 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$723,218

No earlier filing loaded for comparison.

Net Assets

$719,987

No earlier filing loaded for comparison.

Liabilities

$3,231

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$147,389

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2012: $723,218Liabilities 2012: $3,231Net Assets 2012: $719,9872012Assets 2013: $789,530Liabilities 2013: $8,694Net Assets 2013: $780,8362013Assets 2014: $739,120Liabilities 2014: $1,185Net Assets 2014: $737,9352014Assets 2015: $771,882Liabilities 2015: $5,336Net Assets 2015: $766,5462015Assets 2016: $834,237Liabilities 2016: $19,227Net Assets 2016: $815,0102016Assets 2017: $989,979Liabilities 2017: $30,011Net Assets 2017: $959,9682017Assets 2018: $960,798Liabilities 2018: $22,217Net Assets 2018: $938,5812018Assets 2019: $1,062,113Liabilities 2019: $1,587Net Assets 2019: $1,060,5262019Assets 2020: $1,226,485Liabilities 2020: $0Net Assets 2020: $1,226,4852020Assets 2021: $1,356,131Liabilities 2021: $13,750Net Assets 2021: $1,342,3812021Assets 2022: $1,162,046Liabilities 2022: $0Net Assets 2022: $1,162,0462022Assets 2023: $1,759,655Liabilities 2023: $31Net Assets 2023: $1,759,6242023Assets 2024: $2,314,232Liabilities 2024: $2,952Net Assets 2024: $2,311,2802024

Highlighted filing

2012

Assets$723,218
Liabilities$3,231
Net Assets$719,987

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2012: $147,3892012Revenue 2013: $217,045Expenses 2013: $178,903Net Income 2013: $38,1422013Revenue 2014: $265,196Expenses 2014: $248,739Net Income 2014: $16,4572014Revenue 2015: $276,558Expenses 2015: $182,807Net Income 2015: $93,7512015Revenue 2016: $203,601Expenses 2016: $189,563Net Income 2016: $14,0382016Revenue 2017: $320,953Expenses 2017: $212,152Net Income 2017: $108,8012017Revenue 2018: $288,431Expenses 2018: $193,306Net Income 2018: $95,1252018Revenue 2019: $224,154Expenses 2019: $157,345Net Income 2019: $66,8092019Revenue 2020: $206,397Expenses 2020: $149,487Net Income 2020: $56,9102020Revenue 2021: $261,279Expenses 2021: $178,473Net Income 2021: $82,8062021Revenue 2022: $205,901Expenses 2022: $210,985Net Income 2022: -$5,0842022Revenue 2023: $721,989Expenses 2023: $256,993Net Income 2023: $464,9962023Revenue 2024: $726,594Expenses 2024: $297,346Net Income 2024: $429,2482024

Highlighted filing

2012

Revenue-
Expenses$147,389
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Oct 22, 2013
Return Version
2012v2.1
Gross Receipts
$334,336
Mission and Program Overview

Mission

To attract students to the material handling, logistics, and supply chain industry by providing financial support.

Major Activities

Activity 2
Don frazier material handling technical training program consists of supporting entry-level educational programs for high school, technical and community college students who will gain work-related skills and experiences in state of the art, fully-equipped working warehouse and distribution training centers.
Activity 3
Travel conference grants - the program is designed to provide assistance to qualifying student & faculty to attend continuing education programs in material handling. Fourteen $1,000 grants were awarded to professors to attend the ohio university automatic identification and data capture technical institute in 2012.
Filing and Contact Details

Filer

EIN
25-1303313
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IRS990/Activity2/Description0DON FRAZIER MATERIAL HANDLING TECHNICAL TRAINING PROGRAM CONSISTS OF SUPPORTING ENTRY-LEVEL EDUCATIONAL PROGRAMS FOR HIGH SCHOOL, TECHNICAL AND COMMUNITY COLLEGE STUDENTS WHO WILL GAIN WORK-RELATED SKILLS AND EXPERIENCES IN STATE OF THE ART, FULLY-EQUIPPED WORKING WAREHOUSE AND DISTRIBUTION TRAINING CENTERS.
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IRS990/Activity3/Description0TRAVEL CONFERENCE GRANTS - THE PROGRAM IS DESIGNED TO PROVIDE ASSISTANCE TO QUALIFYING STUDENT & FACULTY TO ATTEND CONTINUING EDUCATION PROGRAMS IN MATERIAL HANDLING. FOURTEEN $1,000 GRANTS WERE AWARDED TO PROFESSORS TO ATTEND THE OHIO UNIVERSITY AUTOMATIC IDENTIFICATION AND DATA CAPTURE TECHNICAL INSTITUTE IN 2012.
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IRS990ScheduleD/CurrentYear/BeginningOfYearBalance0380926
IRS990ScheduleD/CurrentYear/EndOfYearBalance0371124
IRS990ScheduleD/CurrentYear/InvestmentEarningsOrLosses035657
IRS990ScheduleD/CurrentYearMinus1Year/BeginningOfYearBalance0399966
IRS990ScheduleD/CurrentYearMinus1Year/EndOfYearBalance0380926
IRS990ScheduleD/CurrentYearMinus1Year/InvestmentEarningsOrLosses0-6040
IRS990ScheduleD/CurrentYearMinus1Year/OtherExpenditures013000
IRS990ScheduleD/CurrentYearMinus2Years/BeginningOfYearBalance0365227
IRS990ScheduleD/CurrentYearMinus2Years/EndOfYearBalance0399966
IRS990ScheduleD/CurrentYearMinus2Years/InvestmentEarningsOrLosses034739
IRS990ScheduleD/CurrentYearMinus3Years/BeginningOfYearBalance0304041
IRS990ScheduleD/CurrentYearMinus3Years/EndOfYearBalance0365227
IRS990ScheduleD/CurrentYearMinus3Years/InvestmentEarningsOrLosses061186
IRS990ScheduleD/CurrentYearMinus4Years/BeginningOfYearBalance0398821
IRS990ScheduleD/CurrentYearMinus4Years/EndOfYearBalance0304041
IRS990ScheduleD/CurrentYearMinus4Years/InvestmentEarningsOrLosses0-94780
IRS990ScheduleD/CurrentYear/OtherExpenditures045459
IRS990ScheduleD/EndowmentsHeldByRelatedOrgs00
IRS990ScheduleD/EndowmentsHeldByUnrelatedOrgs01
IRS990ScheduleD/Equipment/BookValue00
IRS990ScheduleD/Equipment/Depreciation011210
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis011210
IRS990ScheduleD/ExpensesNotRptdF99000
IRS990ScheduleD/ExpensesNotRptdOnFinStmt05919
IRS990ScheduleD/ExpensesSubtotal0141470
IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE FOUNDATION'S ENDOWMENT FUNDS ARE INTENDED TO PROVIDE AS FOLLOWS: (1) A SCHOLARSHIP GRANT(S) DESIGNATED AS THE "IRVING M. FOOTLIK P.E. MEMORIAL SCHOLARSHIP" TO EDUCATIONAL INSTITUTIONS PROVIDING MATERIAL HANDLING EDUCATION CURRICULUM FOR STUDENTS PURSUING STUDIES IN MATERIAL HANDLING (2) PROFESSIONAL DEVELOPMENT GRANTS TO ASSIST AWARDEES IN PARTICIPATIONS IN SEMINARS, MEETINGS, SITE VISITS AND OTHER EVENTS RELATED TO MATERIAL HANDLING DISCIPLINE OF AUTOMATIC DATA COLLECTION
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON INCOME RELATED TO ITS TAX EXEMPT PURPOSE UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND APPLICABLE STATE STATUTES. THE FOUNDATION IS LIABLE FOR FEDERAL AND STATE TAXES ON ANY UNRELATED BUSINESS INCOME, AS DEFINED IN THE CODE. THE FOUNDATION FOLLOWS FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE FOUNDATION'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE FOUNDATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF DECEMBER 31, 2012 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier1DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0PART V, LINE 4:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference1PART X, LINE 2:
IRS990ScheduleD/InvestmentExpensesNotIncluded05919

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