Civic Intelligence

Middletown Community Foundation

EIN 31-0898380 • 501(c)3 • Middletown, OH

Profile

To secure permanent and growing assets for the area's changing needs.

300 North Main StreetMiddletown, OH 45042

www.mcfoundation.org

Siviq Scores

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

Liabilities / Assets

45th percentile

0.17x

Higher debt load relative to assets than 45% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.84x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

95th percentile

74%

Higher net margin than 95% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

24th percentile

$166,781

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

62nd percentile

8.5%

Faster asset growth than 62% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

97th percentile

301%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$44,144,992

Up $3,459,192 (+8.5%) from 2023

Liabilities

Up

$7,369,399

Up $871,844 (+13%) from 2023

Net Assets

Up

$36,775,593

Up $2,587,348 (+7.6%) from 2023

Revenue

Up

$8,819,656

Up $6,622,912 (+301%) from 2023

Expenses

Down

$2,311,170

Down $379,223 (-14%) from 2023

Net Income

Up

$6,508,486

Up $7,002,135 (+1418%) from 2023

Trend Graphs

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $24,699,273Liabilities 2010: $155,892Net Assets 2010: $24,543,3812010Assets 2011: $23,345,511Liabilities 2011: $102,128Net Assets 2011: $23,243,3832011Assets 2012: $24,783,419Liabilities 2012: $220,753Net Assets 2012: $24,562,6662012Assets 2013: $28,930,725Liabilities 2013: $660,038Net Assets 2013: $28,270,6872013Assets 2014: $31,418,712Liabilities 2014: $649,295Net Assets 2014: $30,769,4172014Assets 2015: $29,497,345Liabilities 2015: $545,008Net Assets 2015: $28,952,3372015Assets 2016: $29,639,290Liabilities 2016: $478,522Net Assets 2016: $29,160,7682016Assets 2017: $33,244,091Liabilities 2017: $390,428Net Assets 2017: $32,853,6632017Assets 2018: $30,171,127Liabilities 2018: $3,198,961Net Assets 2018: $26,972,1662018Assets 2019: $37,435,439Liabilities 2019: $4,392,912Net Assets 2019: $33,042,5272019Assets 2020: $40,294,981Liabilities 2020: $4,433,325Net Assets 2020: $35,861,6562020Assets 2021: $46,854,450Liabilities 2021: $6,211,050Net Assets 2021: $40,643,4002021Assets 2022: $38,749,593Liabilities 2022: $5,444,002Net Assets 2022: $33,305,5912022Assets 2023: $40,685,800Liabilities 2023: $6,497,555Net Assets 2023: $34,188,2452023Assets 2024: $44,144,992Liabilities 2024: $7,369,399Net Assets 2024: $36,775,5932024

Highlighted filing

2024

Assets$44,144,992
Liabilities$7,369,399
Net Assets$36,775,593

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $2,354,5742010Expenses 2011: $2,717,2412011Expenses 2012: $2,774,3362012Revenue 2013: $6,166,587Expenses 2013: $4,411,112Net Income 2013: $1,755,4752013Revenue 2014: $6,308,158Expenses 2014: $2,948,663Net Income 2014: $3,359,4952014Revenue 2015: $2,966,556Expenses 2015: $3,202,647Net Income 2015: -$236,0912015Revenue 2016: $1,479,244Expenses 2016: $3,179,957Net Income 2016: -$1,700,7132016Revenue 2017: $4,038,550Expenses 2017: $3,106,647Net Income 2017: $931,9032017Revenue 2018: $3,913,753Expenses 2018: $2,812,566Net Income 2018: $1,101,1872018Revenue 2019: $4,594,123Expenses 2019: $3,142,408Net Income 2019: $1,451,7152019Revenue 2020: $2,550,993Expenses 2020: $2,440,857Net Income 2020: $110,1362020Revenue 2021: $4,261,790Expenses 2021: $2,878,400Net Income 2021: $1,383,3902021Revenue 2022: $2,185,120Expenses 2022: $2,925,632Net Income 2022: -$740,5122022Revenue 2023: $2,196,744Expenses 2023: $2,690,393Net Income 2023: -$493,6492023Revenue 2024: $8,819,656Expenses 2024: $2,311,170Net Income 2024: $6,508,4862024

Highlighted filing

2024

Revenue$8,819,656
Expenses$2,311,170
Net Income$6,508,486

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$44.1$7.37$36.8$8.82$2.31$6.51
2023Detailed filing. Detailed filing data is available for this year.$40.7$6.50$34.2$2.20$2.69$0.49
2022Detailed filing. Detailed filing data is available for this year.$38.7$5.44$33.3$2.19$2.93$0.74
2021Detailed filing. Detailed filing data is available for this year.$46.9$6.21$40.6$4.26$2.88$1.38
2020Detailed filing. Detailed filing data is available for this year.$40.3$4.43$35.9$2.55$2.44$0.11
2019Detailed filing. Detailed filing data is available for this year.$37.4$4.39$33.0$4.59$3.14$1.45
2018Detailed filing. Detailed filing data is available for this year.$30.2$3.20$27.0$3.91$2.81$1.10
2017Detailed filing. Detailed filing data is available for this year.$33.2$0.39$32.9$4.04$3.11$0.93
2016Detailed filing. Detailed filing data is available for this year.$29.6$0.48$29.2$1.48$3.18$1.70
2015Detailed filing. Detailed filing data is available for this year.$29.5$0.55$29.0$2.97$3.20$0.24
2014Detailed filing. Detailed filing data is available for this year.$31.4$0.65$30.8$6.31$2.95$3.36
2013Detailed filing. Detailed filing data is available for this year.$28.9$0.66$28.3$6.17$4.41$1.76
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.8$0.22$24.6$2.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.3$0.10$23.2$2.72
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.7$0.16$24.5$2.35
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 6, 2025
Return Version
2024v5.0
Gross Receipts
$8,819,656
Mission and Program Overview

Mission

To secure permanent and growing assets for the area's changing needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$39,979,706$43,270,576▲ $3,290,870
Cash and Non-Interest-Bearing Accounts$472,574$675,523▲ $202,949
Land, Buildings, and Equipment, Net$3,549$151▼ $3,398
Total Assets$40,685,800$44,144,992▲ $3,459,192
Other Assets Total$229,971$198,742▼ $31,229
Liabilities
Escrow Account Liability$6,421,269$7,335,018▲ $913,749
Other Liabilities$59,101$28,628▼ $30,473
Accounts Payable and Accrued Expenses$16,860$4,753▼ $12,107
Grants Payable$325$1,000▲ $675
Total Liabilities$6,497,555$7,369,399▲ $871,844
Net Assets / Fund Balance
Net Assets With Donor Restrictions$19,980,874$20,968,305▲ $987,431
Net Assets Without Donor Restrictions$14,207,371$15,807,288▲ $1,599,917
Total Net Assets Fund Balance$34,188,245$36,775,593▲ $2,587,348
Total Liabilities and Net Assets / Fund Balance$40,685,800$44,144,992▲ $3,459,192

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$151$48,783$48,934

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$26,995,438$255,098▲ $2,555,489$214,019$28,598,532
2023$26,317,946$217,146▲ $2,482,371$994,757$26,995,438
2022$31,824,478$235,687▼ $4,193,216$344,739$26,317,946
2021$26,979,170$2,663,334▲ $3,890,110$70,985$31,824,478
2020$25,441,622$354,111▲ $3,110,755$420,876$26,979,170
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sarah NathanExecutive DiFT$148,616$18,165$166,781
Sarah NathanExecutive Director-$146,116$20,665$166,781

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,168,581
Program Service Revenue
$89,922
Investment Income
$7,558,403
Other Revenue
$2,750
All Other Contributions
$1,086,980
Change in Net Assets
$6,508,486
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,687,944
Salaries, Compensation, and Employee Benefits$328,773
Other Expenses$294,453
Total Fundraising Expense$103,033
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,334,913--$1,334,913
Grants to Domestic Individuals$353,031--$353,031
Current Officers, Directors, Trustees, and Key Employees$33,356$100,069$33,356$166,781
Other Salaries and Wages$25,396$76,185$25,395$126,976
Fees for Service Investment Mgmnt Fees-$106,222-$106,222
Office Expenses$12,259$29,308$12,262$53,829
Occupancy$11,859$23,720$11,860$47,439
Payroll Taxes$4,182$12,545$4,182$20,909
Fees for Services Accounting-$14,600-$14,600
Fees for Services Other$1,455$10,434$1,455$13,344
Advertising$132$6,493$6,626$13,251
Insurance$2,116$6,349$2,116$10,581
Conferences and Meetings$920$7,704$921$9,545
Other Employee Benefits$1,605$4,814$1,604$8,023
Pension Plan Contributions$1,217$3,650$1,217$6,084
Depreciation Depletion$679$680$2,039$3,398
Fees for Services Legal-$2,284-$2,284
Other Expenses-$1,412-$1,412
Total Functional Expenses$1,783,120$425,017$103,033$2,311,170
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Butler County Educational ServicesHamilton, OH--$207,000
Miami UniversityOxford, OH--$122,841
Atrium Medical Center FoundationMiddletown, OH--$59,860
Mount Pleasant Life Care FundWesterville, OH--$36,138
Middletown Area Chamber FndnMiddletown, OH--$35,000
Sorg Opera Revitalization GroupMiddletown, OH--$32,500
Madison Board of EducationMiddletown, OH--$32,450
Middletown City SchoolsMiddletown, OH--$31,430
Middletown Arts CenterMiddletown, OH--$26,279
People Working CooperativelyCincinnati, OH--$25,000
Hospice of Warren & Butler CountyDayton, OH--$22,345
Butler County United WayHamilton, OH--$22,029
Downtown Middletown IncMiddletown, OH--$21,080
First Presbyterian ChurchMiddletown, OH--$18,435
St Vincent DepaulMiddletown, OH--$17,000
Ywca of HamiltonHamilton, OH--$16,500
Art Central Foundation IncMiddletown, OH--$16,350
Butler Tech - Adult EducationMiddletown, OH--$15,643
StarfireCincinnati, OH--$15,500
Community Pregnancy CenterMiddletown, OH--$15,000
Focus on the FamilyColorado Springs, CO--$15,000
Abilities First FoundationMiddletown, OH--$14,800
Salvation Army-middletownMiddletown, OH--$14,234
Middie Way Youth BaseballMiddletown, OH--$13,700
Many-middletown Area Neediest YouthLebanon, OH--$13,369
Ohio State University FoundationColumbus, OH--$13,364
3 R DevelopmentMiddletown, OH--$13,100
Holiday Whopla IncMiddletown, OH--$12,950
Junior Achievement - MiddletownMiddletown, OH--$12,610
Family Services of MiddletownMiddletown, OH--$12,500
Feed the HungryMiddletown, OH--$12,000
5 Panes Y 2 PecesMiddletown, OH--$10,000
Adopt a Class FoundationCincinnati, OH--$10,000
American Red Cross Miami ValleyDayton, OH--$10,000
Catholic Charities SouthwesternCincinnati, OH--$10,000
Comprehensive Community Child CareCincinnati, OH--$10,000
Franklin City SchoolsFranklin, OH--$10,000
Franklin Historical SocietyFranklin, OH--$10,000
Inspiration StudiosHamilton, OH--$10,000
Middletown Area YmcaMiddletown, OH--$9,984
Air Force Rotc - Miami UniversityOxford, OH--$9,670
Performing Arts AcademyMiddletown, OH--$8,800
Hospice Care of MiddletownMiddletown, OH--$8,581
Support to Encourage Low Income FamHamilton, OH--$8,500
WhiimsMiddletown, OH--$8,400
Big Brothersbig Sisters- Butler CoHamilton, OH--$8,000
Civil Air PatrolMiddletown, OH--$8,000
ST PAUL'S UNITED CHURCH OF CHRISTMiddletown, OH--$7,984
Lead TrainingMason, OH--$7,500
Young Life (capernaum) - MiddletownFairfield, OH--$7,500
Monroe Board of EducationMonroe, OH--$7,300
Great Miami Valley YmcaHamilton, OH--$7,000
Safety Council of Southwest OhioMiddletown, OH--$7,000
Middletown Lyric TheatreMiddletown, OH--$6,965
Community Building InsitituteMiddletown, OH--$6,750
Adath Israel CongregatoinCincinnati, OH--$6,000
Monroe United Methodist ChurchMonroe, OH--$6,000
Cornerstone Methodist ChurchWest Chester, OH--$5,700
The Middletown Kiwanis FoundationMiddletown, OH--$5,500
Parachute of Butler CountyHamilton, OH--$5,250
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities - Opearting Leases$28,628
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 35% controlled entity
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The trustees of the organization must also be members of the organization. All members must have paid membership dues for the current calendar year in order to elect the board of trustees at their annual meeting.

Form 990, Page 6, Part VI, Line 7A

Members hold an annual meeting at which they elect trustees to fill terms starting in the new year.

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

The form 990 is submitted to the whole board for review prior to filing.

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

Annual disclosure form must be submitted. Each new situation is evaluated in light of the policy.

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

The compensation committee reviews the compensation annually. The committee uses comparability data to set the executive director's compensation package.

Form 990, Page 6, Part VI, Line 19

The governing documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Middletown Community Foundation
EIN
31-0898380
Phone
5134247369
Address
300 NORTH MAIN STREET, MIDDLETOWN, OH 45042

Signing Officer

Name
Sarah Nathan
Title
Executive Director
Phone
5134247369
Signed
2025-08-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Nathan
Formed
1976
Legal Domicile
Oh
Voting Board Members
19
Independent Board Members
19
Employees
3
Volunteers
85

Preparer

Firm
Stephenson and Warner Inc Cpas
Address
1502 UNIVERSITY BLVD STE E, HAMILTON, OH 45011-3300
Preparer
Larry F Warner Ii CPA
Phone
5138688600
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

All board and various committee members are volunteers. Also, the organization utilizes voluteers to select scholarship recipients and for various other activities.

Form 990, Part XI, Line 9

Reclassification of agency funds 6,578 reduction to promise to give allowance 330,755 total 337,333

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

The foundation reports the assets donated by and held for the benefit of other exempt organizations as a liability on the balance sheet.

Schedule D, Page 2, Part V, Line 4

To fund projects, programs and scholarships that benefit education, the arts and human needs of the community.

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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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