Civic Intelligence

Martin Truex Jr Foundation Inc.

990 • Fiscal year 2013 • EIN 26-0654126

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 22, 2014

156 Cayuga Dr28117

(704) 664-1113

Siviq Scores

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

Liabilities / Assets

90th percentile

0.60x

Higher debt load relative to assets than 90% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

87th percentile

0.22x

Higher debt load relative to revenue than 87% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

11th percentile

-32%

Higher net margin than 11% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

12th percentile

-38%

Faster asset growth than 12% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

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

Source year 2013

Assets

Down

$147,962

Down $90,748 (-38%) from 2012

Net Assets

Down

$59,381

Down $128,303 (-68%) from 2012

Liabilities

Up

$88,581

Up $37,555 (+74%) from 2012

Revenue

$407,072

No earlier filing loaded for comparison.

Expenses

Up

$536,300

Up $8,838 (+1.7%) from 2012

Net Income

-$129,228

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.

$1.5M$1.0M$500K$0-$500K-$1.0MAssets 2010: $281,645Liabilities 2010: $8,525Net Assets 2010: $273,1202010Assets 2011: $176,247Liabilities 2011: $4,023Net Assets 2011: $172,2242011Assets 2012: $238,710Liabilities 2012: $51,026Net Assets 2012: $187,6842012Assets 2013: $147,962Liabilities 2013: $88,581Net Assets 2013: $59,3812013Assets 2014: $136,509Liabilities 2014: $91,008Net Assets 2014: $45,5012014Assets 2015: $264,360Liabilities 2015: $279,854Net Assets 2015: -$15,4942015Assets 2016: $367,389Liabilities 2016: $208,388Net Assets 2016: $159,0012016Assets 2017: $699,767Liabilities 2017: $972,760Net Assets 2017: -$272,9932017Assets 2018: $553,517Liabilities 2018: $993,077Net Assets 2018: -$439,5602018Assets 2019: $491,551Liabilities 2019: $776,070Net Assets 2019: -$284,5192019Assets 2020: $591,537Liabilities 2020: $627,643Net Assets 2020: -$36,1062020Assets 2021: $556,933Liabilities 2021: $206,560Net Assets 2021: $350,3732021Assets 2022: $543,123Liabilities 2022: $1,089,718Net Assets 2022: -$546,5952022Assets 2023: $471,977Liabilities 2023: $961,533Net Assets 2023: -$489,5562023Assets 2024: $145,132Liabilities 2024: $485,295Net Assets 2024: -$340,1632024

Highlighted filing

2013

Assets$147,962
Liabilities$88,581
Net Assets$59,381

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $296,5242010Expenses 2011: $452,6642011Expenses 2012: $527,4622012Revenue 2013: $407,072Expenses 2013: $536,300Net Income 2013: -$129,2282013Revenue 2014: $395,859Expenses 2014: $409,739Net Income 2014: -$13,8802014Revenue 2015: $607,720Expenses 2015: $672,691Net Income 2015: -$64,9712015Revenue 2016: $598,539Expenses 2016: $425,038Net Income 2016: $173,5012016Revenue 2017: $1,257,381Expenses 2017: $1,698,012Net Income 2017: -$440,6312017Revenue 2018: $1,421,466Expenses 2018: $1,580,807Net Income 2018: -$159,3412018Revenue 2019: $1,151,516Expenses 2019: $996,475Net Income 2019: $155,0412019Revenue 2020: $632,330Expenses 2020: $383,917Net Income 2020: $248,4132020Revenue 2021: $1,058,080Expenses 2021: $671,601Net Income 2021: $386,4792021Revenue 2022: $1,298,275Expenses 2022: $2,195,243Net Income 2022: -$896,9682022Revenue 2023: $1,049,329Expenses 2023: $992,290Net Income 2023: $57,0392023Revenue 2024: $671,692Expenses 2024: $522,299Net Income 2024: $149,3932024

Highlighted filing

2013

Revenue$407,072
Expenses$536,300
Net Income-$129,228
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 22, 2014
Return Version
2013v3.1
Gross Receipts
$407,072
Mission and Program Overview

Mission

Grant making to raise awareness, boost advocacy and generate financial support for underfunded cancer research initiatives specific to ovarian and childhood cancers.

Grant making to promote welfare of children

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$143,211$111,364▼ $31,847
Inventories for Sale or Use$29,220$24,810▼ $4,410
Land, Buildings, and Equipment, Net$12,078$9,348▼ $2,730
Accounts Receivable$54,201$2,130▼ $52,071
Prepaid Expenses and Deferred Charges-$310-
Total Assets$238,710$147,962▼ $90,748
Liabilities
Other Liabilities$50,101$87,608▲ $37,507
Accounts Payable and Accrued Expenses$925$973▲ $48
Total Liabilities$51,026$88,581▲ $37,555
Net Assets / Fund Balance
Unrestricted Net Assets$187,684$59,381▼ $128,303
Total Net Assets Fund Balance$187,684$59,381▼ $128,303
Total Liabilities and Net Assets / Fund Balance$238,710$147,962▼ $90,748

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$9,348$4,305$13,653
Compensation and Service Providers

Board Members and Trustees

NameTitle
Martin Truex JrPresident &
Sherry PollexDirector
Stoke CaldwellDirector
Todd MooreDirector
Sandy PlemmonsExecutive Di
Jill StierliSecretary /
John HondrosTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$37,693
Program Service Revenue
$0
Investment Income
$74
Other Revenue
$369,305
All Other Contributions
$37,693
Change in Net Assets
$-129,228

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$30,500Retail Value
Total Noncash Contributions1$30,500-

Audited Revenue Reconciliation

Revenue per Audited Statements
$407,072
Total Revenue per Audited Statements
$407,072
Total Revenue per Form 990
$407,072
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$321,683
Total Fundraising Expense$260,047
Grants and Similar Amounts Paid$214,617
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$214,617--$214,617
Fees for Services Management$20,396$12,238$48,951$81,585
Office Expenses-$5,409$25,263$30,672
Fees for Services Legal-$15,800$11,336$27,136
Advertising-$4,971$15,333$20,304
Other Expenses--$12,715$12,715
Travel-$92$8,592$8,684
Depreciation Depletion$2,730--$2,730
Total Functional Expenses$237,743$38,510$260,047$536,300

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$536,300
Total Expenses per Audited Statements$536,300
Total Expenses per Form 990$536,300
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
---Donation to Levine$90,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$360,754
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$176,099$176,099-$176,099
Event 2$171,877$171,877-$171,877
Total Events$360,754$360,754-$360,754
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Mtj LLC$82,877
Prepaid Event Income$4,430
Credit Card Payable$301
Commitment to Give-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
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

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

AVAILABLE UPON REQUEST

Form 990, Page 6, Part VI, Line 12C

Enforcement of conflicts of interest policy is accomplished through annually monitoring of board members and requiring disclosure when conflicts arise.

Form 990, Page 6, Part VI, Line 19

Documents are made available to the public upon request by allowing the public to view the documents in the organization's office.

Filing and Contact Details

Filer

EIN
26-0654126
Phone
7046641113

Signing Officer

Name
John Hondros
Title
Treasurer
Phone
7046641113
Signed
2014-08-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Martin Truex Jr
Formed
2007
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
5
Employees
0

Preparer

Preparer
Adam C Boatsman
Phone
7045520553
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

PRIOR YEAR ADJUSTMENT

Financial Statement Notes

Schedule D, Page 3, Part X

The foundation is a not-for-profit organization that is exempt from income taxes under section 501(c)(3) of the internal revenue code and is classified by the internal revenue service (irs) as other than a private foundation. The foundation has implemented the provisions of fasb asc 740-10 relating to the accounting for uncertainty in income tax positions. Fasb asc 740-10 prescribes a comprehensive model for the financial statement recognition, measurement, presentation and disclosure of income tax uncertainties with respect to positions, including tax-exempt status, taken or expected to be taken in income tax returns. The foundation's income tax returns for its reporting periods ended during the years 2010 through 2013 are still subject to examination by the irs.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED BY THE INTERNAL REVENUE SERVICE (IRS) AS OTHER THAN A PRIVATE FOUNDATION. THE FOUNDATION HAS IMPLEMENTED THE PROVISIONS OF FASB ASC 740-10 RELATING TO THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAX POSITIONS. FASB ASC 740-10 PRESCRIBES A COMPREHENSIVE MODEL FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, PRESENTATION AND DISCLOSURE OF INCOME TAX UNCERTAINTIES WITH RESPECT TO POSITIONS, INCLUDING TAX-EXEMPT STATUS, TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS. THE FOUNDATION'S INCOME TAX RETURNS FOR ITS REPORTING PERIODS ENDED DURING THE YEARS 2010 THROUGH 2013 ARE STILL SUBJECT TO EXAMINATION BY THE IRS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09348
IRS990ScheduleD/TotalExpensesPerForm990Amt0536300
IRS990ScheduleD/TotalLiabilityAmt087608
IRS990ScheduleD/TotalRevenuePerForm990Amt0407072
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0407072
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0536300
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0176099
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0171877
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt012778
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0360754
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0176099
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0171877
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt012778
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0360754
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0FASHION SHOW
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0360754
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt090000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0DONATION TO LEVINE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10CAROLINAS HEALTHCARE FOUNDATION
IRS990ScheduleI/RecipientTable/USAddress/AddressLine101221 E MOREHEAD ST
IRS990ScheduleI/RecipientTable/USAddress/City0CHARLOTTE
IRS990ScheduleI/RecipientTable/USAddress/State0NC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode028117
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0RETAIL VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt030500
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ENFORCEMENT OF CONFLICTS OF INTEREST POLICY IS ACCOMPLISHED THROUGH ANNUALLY MONITORING OF BOARD MEMBERS AND REQUIRING DISCLOSURE WHEN CONFLICTS ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST BY ALLOWING THE PUBLIC TO VIEW THE DOCUMENTS IN THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRIOR YEAR ADJUSTMENT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0238710
IRS990/TotalAssetsEOYAmt0147962
IRS990/TotalAssetsGrp/BOYAmt0238710
IRS990/TotalAssetsGrp/EOYAmt0147962
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt037693
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0260047
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt038510
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0237743
IRS990/TotalFunctionalExpensesGrp/TotalAmt0536300
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt051026
IRS990/TotalLiabilitiesEOYAmt088581
IRS990/TotalLiabilitiesGrp/BOYAmt051026
IRS990/TotalLiabilitiesGrp/EOYAmt088581
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0187684
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt059381
IRS990/TotalProgramServiceExpensesAmt0237743
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt08625
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0407072
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0238710
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0147962
IRS990/TravelGrp/FundraisingAmt08592
IRS990/TravelGrp/ManagementAndGeneralAmt092
IRS990/TravelGrp/TotalAmt08684
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0187684
IRS990/UnrestrictedNetAssetsGrp/EOYAmt059381
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10156 CAYUGA DR
IRS990/USAddress/City0MOORESVILLE
IRS990/USAddress/State0NC
IRS990/USAddress/ZIPCode028117
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.MARTINTRUEXJRFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN HONDROS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07046641113
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-08-22
ReturnHeader/Filer/BusinessName/BusinessNameLine10MARTIN TRUEX JR FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MART
ReturnHeader/Filer/EIN0260654126
ReturnHeader/Filer/PhoneNum07046641113
ReturnHeader/Filer/USAddress/AddressLine10156 CAYUGA DR
ReturnHeader/Filer/USAddress/City0MOORESVILLE
ReturnHeader/Filer/USAddress/State0NC
ReturnHeader/Filer/USAddress/ZIPCode028117
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461302809
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10BOATSMAN GILLMORE WAGNER PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine105970 FAIRVIEW ROAD SUITE 402
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0CHARLOTTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode028210
ReturnHeader/PreparerPersonGrp/PhoneNum07045520553
ReturnHeader/PreparerPersonGrp/PreparationDt02014-09-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ADAM C BOATSMAN
ReturnHeader/ReturnTs02014-09-15T08:29:39-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.15$0.49$0.34$0.67$0.52$0.15
2023Detailed filing. Detailed filing data is available for this year.$0.47$0.96$0.49$1.05$0.99$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.54$1.09$0.55$1.30$2.20$0.90
2021Detailed filing. Detailed filing data is available for this year.$0.56$0.21$0.35$1.06$0.67$0.39
2020Detailed filing. Detailed filing data is available for this year.$0.59$0.63$0.04$0.63$0.38$0.25
2019Detailed filing. Detailed filing data is available for this year.$0.49$0.78$0.28$1.15$1.00$0.16
2018Detailed filing. Detailed filing data is available for this year.$0.55$0.99$0.44$1.42$1.58$0.16
2017Detailed filing. Detailed filing data is available for this year.$0.70$0.97$0.27$1.26$1.70$0.44
2016Detailed filing. Detailed filing data is available for this year.$0.37$0.21$0.16$0.60$0.43$0.17
2015Detailed filing. Detailed filing data is available for this year.$0.26$0.28$0.02$0.61$0.67$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.14$0.09$0.05$0.40$0.41$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.15$0.09$0.06$0.41$0.54$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.05$0.19$0.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.00$0.17$0.45
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.01$0.27$0.30