Civic Intelligence

The Marsh Foundation

990 • Fiscal year 2020 • EIN 34-4431300

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 22, 2020

1229 Lincoln Hwy PO Box 150Van Wert, OH 45891-0150

(419) 238-1695

Siviq Scores

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

Liabilities / Assets

11th percentile

0.01x

Higher debt load relative to assets than 11% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

18th percentile

0.11x

Higher debt load relative to revenue than 18% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Net Margin

59th percentile

7.2%

Higher net margin than 59% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

8th percentile

$99,105

Higher top officer pay than 8% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Asset Growth

38th percentile

2.8%

Faster asset growth than 38% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

56th percentile

4.2%

Faster revenue growth than 56% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Assets

Up

$60,250,142

Up $1,637,251 (+2.8%) from 2019

Net Assets

Up

$59,556,734

Up $1,481,790 (+2.6%) from 2019

Liabilities

Up

$693,408

Up $155,461 (+29%) from 2019

Revenue

Up

$6,083,980

Up $246,451 (+4.2%) from 2019

Expenses

Up

$5,647,387

Up $54,103 (+1.0%) from 2019

Net Income

Up

$436,593

Up $192,348 (+79%) from 2019

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2011: $47,912,331Liabilities 2011: $414,780Net Assets 2011: $47,497,5512011Assets 2012: $48,117,623Liabilities 2012: $542,367Net Assets 2012: $47,575,2562012Assets 2013: $50,967,066Liabilities 2013: $519,685Net Assets 2013: $50,447,3812013Assets 2014: $55,533,928Liabilities 2014: $624,951Net Assets 2014: $54,908,9772014Assets 2015: $54,964,152Liabilities 2015: $706,641Net Assets 2015: $54,257,5112015Assets 2016: $53,960,008Liabilities 2016: $599,574Net Assets 2016: $53,360,4342016Assets 2017: $56,028,293Liabilities 2017: $482,131Net Assets 2017: $55,546,1622017Assets 2018: $57,536,762Liabilities 2018: $471,558Net Assets 2018: $57,065,2042018Assets 2019: $58,612,891Liabilities 2019: $537,947Net Assets 2019: $58,074,9442019Assets 2020: $60,250,142Liabilities 2020: $693,408Net Assets 2020: $59,556,7342020Assets 2021: $69,811,115Liabilities 2021: $542,661Net Assets 2021: $69,268,4542021Assets 2022: $62,845,509Liabilities 2022: $543,401Net Assets 2022: $62,302,1082022Assets 2023: $65,271,278Liabilities 2023: $597,995Net Assets 2023: $64,673,2832023Assets 2024: $70,219,817Liabilities 2024: $740,121Net Assets 2024: $69,479,6962024Assets 2025: $74,439,170Liabilities 2025: $715,053Net Assets 2025: $73,724,1172025

Highlighted filing

2020

Assets$60,250,142
Liabilities$693,408
Net Assets$59,556,734

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $4,513,7232011Expenses 2012: $4,521,6382012Expenses 2013: $4,689,4762013Revenue 2014: $6,155,055Expenses 2014: $4,967,968Net Income 2014: $1,187,0872014Revenue 2015: $13,217,245Expenses 2015: $5,335,023Net Income 2015: $7,882,2222015Revenue 2016: $3,021,423Expenses 2016: $5,436,512Net Income 2016: -$2,415,0892016Revenue 2017: $6,709,454Expenses 2017: $5,373,683Net Income 2017: $1,335,7712017Revenue 2018: $8,010,116Expenses 2018: $5,600,224Net Income 2018: $2,409,8922018Revenue 2019: $5,837,529Expenses 2019: $5,593,284Net Income 2019: $244,2452019Revenue 2020: $6,083,980Expenses 2020: $5,647,387Net Income 2020: $436,5932020Revenue 2021: $15,955,665Expenses 2021: $6,069,242Net Income 2021: $9,886,4232021Revenue 2022: $6,305,543Expenses 2022: $6,662,614Net Income 2022: -$357,0712022Revenue 2023: $4,903,833Expenses 2023: $6,789,948Net Income 2023: -$1,886,1152023Revenue 2024: $6,342,168Expenses 2024: $6,865,907Net Income 2024: -$523,7392024Revenue 2025: $7,845,187Expenses 2025: $7,427,298Net Income 2025: $417,8892025

Highlighted filing

2020

Revenue$6,083,980
Expenses$5,647,387
Net Income$436,593
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 22, 2020
Return Version
2019v5.0
Gross Receipts
$15,909,683
Mission and Program Overview

Mission

The marsh foundation is a children's home and school for children experiencing adjustment problems and provides behavioral treatment and family and treatment foster care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$47,339,667$44,328,199▼ $3,011,468
Land, Buildings, and Equipment, Net$8,337,206$13,002,069▲ $4,664,863
Savings and Temporary Cash Investments$1,676,468$1,675,255▼ $1,213
Inventories for Sale or Use$547,434$692,813▲ $145,379
Accounts Receivable$476,545$341,572▼ $134,973
Prepaid Expenses and Deferred Charges$74,520$108,098▲ $33,578
Cash and Non-Interest-Bearing Accounts$81,065$55,392▼ $25,673
Investments Other Securities$19,273$18,735▼ $538
Total Assets$58,612,891$60,250,142▲ $1,637,251
Other Assets Total$60,713$28,009▼ $32,704
Liabilities
Accounts Payable and Accrued Expenses$503,838$689,281▲ $185,443
Deferred Revenue$34,109$4,127▼ $29,982
Total Liabilities$537,947$693,408▲ $155,461
Net Assets / Fund Balance
Net Assets With Donor Restrictions$48,752,403$48,729,404▼ $22,999
Net Assets Without Donor Restrictions$9,322,541$10,827,330▲ $1,504,789
Total Net Assets Fund Balance$58,074,944$59,556,734▲ $1,481,790
Total Liabilities and Net Assets / Fund Balance$58,612,891$60,250,142▲ $1,637,251

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,805,477$6,697,619$9,819,101
Other Land Buildings$6,660,671$993,939$6,517,034
Land$2,535,921-$357,497
Equipment-$144,226$144,226

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$52,073,335-▲ $2,827,508$5,875,273$49,025,570
2018$55,512,788-▲ $3,229,999$6,669,452$52,073,335
2017$53,605,328-▲ $2,258,426$350,966$55,512,788
2016$50,911,564-▲ $3,037,407$343,643$53,605,328
2015$51,301,263-▼ $55,841$333,858$50,911,564
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeff GrothouseExec SecFT$92,966$6,139$99,105
Gary ClayTrustee-$18,040-$18,040
Gary CorcoranTrustee-$18,040-$18,040
Robert GambleTrustee-$16,888-$16,888
Revenue and Support

Revenue Composition

Contributions and Grants
$67,769
Program Service Revenue
$3,469,028
Investment Income
$1,512,540
Other Revenue
$1,034,643
All Other Contributions
$14,365
Change in Net Assets
$436,593

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,390,886
Revenue Not Reported on Financial Statements
$-306,906
Revenue Not Reported on Form 990
$1,045,197
Other Revenue Adjustments
$-321,941
Total Revenue per Audited Statements
$7,436,083
Total Revenue per Form 990
$6,083,980
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,747,301
Other Expenses$1,900,086
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,708,684$76,951-$2,785,635
Other Employee Benefits$514,153$37,201-$551,354
All Other Expenses$241,526$6,545-$248,071
Depreciation Depletion$211,680$9,985-$221,665
Pension Plan Contributions$140,622$10,997-$151,619
Current Officers, Directors, Trustees, and Key Employees-$145,934-$145,934
Occupancy$133,093$6,382-$139,475
Other Expenses$118,274$9,158-$127,432
Payroll Taxes$99,375$13,384-$112,759
Insurance$90,591$8,129-$98,720
Fees for Services Accounting$42,055$18,259-$60,314
Fees for Service Investment Mgmnt Fees-$15,035-$15,035
Travel$9,204$457-$9,661
Conferences and Meetings$8,199$199-$8,398
Fees for Services Legal$293$5,914-$6,207
Total Functional Expenses$5,263,911$383,476$0$5,647,387

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,954,293
Total Expenses per Audited Statements$5,954,293
Total Expenses per Form 990$5,647,387
Expenses Not Reported on Financial Statements$-306,906
Other Expense Adjustments$-321,941
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
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A copy of the 990 was provided to the executive secretary and the board of trustees prior to filing. Before filing the 990, the executive secretary reviews the 990 with the cpa in detail. A general review is performed by the governing board at the board meeting before filing the form 990.

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

Each trustee and the executive secretary/treasurer anually completes a questionnaire to disclose any conflicts of interest. The conflicts of interest policy is included in the handbook that is approved by the trustees. Therefore, there is a full understanding of the policy. They understand that the foundation is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.

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

Annually, the board of trustees reviews and approves salaries of executive director after a review of job duties performed and an analysis of comparable data.

Form 990, Page 6, Part VI, Line 19

The foundations's tax return, governing documents, financial statements, and conflict of interest policy are available for review upon request to the trustees or executive secretary. Copies are made if requested.

Filing and Contact Details

Filer

Filer Name
The Marsh Foundation
EIN
34-4431300
Phone
4192381695
Address
1229 LINCOLN HWY PO BOX 150, VAN WERT, OH 45891-0150

Signing Officer

Name
Jeff Grothouse
Title
Exec Sec
Phone
4192381695
Signed
2020-10-22

Organization Details

Principal Officer
Jeff Grothouse
Formed
1920
Legal Domicile
Oh
Voting Board Members
3
Independent Board Members
0
Employees
100

Preparer

Firm
Bashore Reineck Stoller & Waterman Inc
Address
685 FOX ROAD SUITE 101, VAN WERT, OH 45891
Preparer
Gloria a Waterman
Phone
4192380658
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Rental expenses 321,941 rental expenses -321,941

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The permanently restricted endowment funds are invested to provide earnings for the marsh foundation to fund its intended mission. The temporarily restricted endowment net assets consist of property, plant, and equipment purchased under the terms of the wills of george h marsh and katie marsh clymer in addition to other donations received for the home and school. The net assets are to be used by the foundation for the home and school and to provide income for their operating purposes.

Schedule D, Page 4, Part XI, Line 4B

RENTAL EXPENSES -321,941

Schedule D, Page 4, Part XII, Line 4B

RENTAL EXPENSES -321,941

Raw XML AppendixShowing 400 of 459 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0503838
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0689281
IRS990/AccountsReceivableGrp/BOYAmt0476545
IRS990/AccountsReceivableGrp/EOYAmt0341572
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MARSH FOUNDATION IS A CHILDREN'S HOME AND SCHOOL FOR CHILDREN EXPERIENCING ADJUSTMENT PROBLEMS AND PROVIDES BEHAVIORAL TREATMENT AND FAMILY AND TREATMENT FOSTER CARE.
IRS990/AllOtherContributionsAmt014365
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt06545
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0241526
IRS990/AllOtherExpensesGrp/TotalAmt0248071
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0JEFF GROTHOUSE
IRS990/BooksInCareOfDetail/PhoneNum04192381695
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01229 LINCOLN HWY
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt0PO BOX 150
IRS990/BooksInCareOfDetail/USAddress/CityNm0VAN WERT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd045891
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt081065
IRS990/CashNonInterestBearingGrp/EOYAmt055392
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0145934
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0145934
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0199
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt08199
IRS990/ConferencesMeetingsGrp/TotalAmt08398
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt067769
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01512540
IRS990/CYOtherExpensesAmt01900086
IRS990/CYOtherRevenueAmt01034643
IRS990/CYProgramServiceRevenueAmt03469028
IRS990/CYRevenuesLessExpensesAmt0436593
IRS990/CYSalariesCompEmpBnftPaidAmt03747301
IRS990/CYTotalExpensesAmt05647387
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt06083980
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt034109
IRS990/DeferredRevenueGrp/EOYAmt04127
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt09985
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0211680
IRS990/DepreciationDepletionGrp/TotalAmt0221665
IRS990/Desc0SCHOOLING FOR CHILDREN IN NEED OF FOSTER CARE AND/OR GROUP HOME RESIDENTIAL CARE. ITS PURPOSE IS TO ASSIST FAMILIES AND CHILDREN WHO ARE EXPERIENCING MILD TO MODERATE ADJUSTMENT PROBLEMS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt048752403
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt048729404
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0100
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt05263911
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt018259
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt042055
IRS990/FeesForServicesAccountingGrp/TotalAmt060314
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt05914
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0293
IRS990/FeesForServicesLegalGrp/TotalAmt06207
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt015035
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt015035
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt06139
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0JEFF GROTHOUSE
IRS990/Form990PartVIISectionAGrp/PersonNm1GARY CLAY
IRS990/Form990PartVIISectionAGrp/PersonNm2GARY CORCORAN
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT GAMBLE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt092966
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt118040
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt218040
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt316888
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXEC SEC
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01920
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0143838
IRS990/GainOrLossGrp/SecuritiesAmt0365503
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt053404
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0147718
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt09865385
IRS990/GrossReceiptsAmt015909683
IRS990/GrossRentsGrp/RealAmt0750118
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt08129
IRS990/InsuranceGrp/ProgramServicesAmt090591
IRS990/InsuranceGrp/TotalAmt098720
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0547434
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0692813
IRS990/InvestmentIncomeGrp/ExclusionAmt01003199
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01003199
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt019273
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt018735
IRS990/InvestmentsPubTradedSecGrp/BOYAmt047339667
IRS990/InvestmentsPubTradedSecGrp/EOYAmt044328199
IRS990/IRPDocumentCnt031
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07835784
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08337206
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013002069
IRS990/LandBldgEquipCostOrOtherBssAmt020837853
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt03880
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt09499882
IRS990/LessRentalExpensesGrp/RealAmt0321941
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MARSH FOUNDATION IS A CHILDREN'S HOME AND SCHOOL FOR CHILDREN EXPERIENCING ADJUSTMENT PROBLEMS AND PROVIDES BEHAVIORAL TREATMENT AND FAMILY AND TREATMENT FOSTER CARE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt058074944
IRS990/NetAssetsOrFundBalancesEOYAmt059556734
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0365970
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0143371
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0509341
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0428177
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0428177
IRS990/NetUnrlzdGainsLossesInvstAmt01045197
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt09322541
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt010827330
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt06382
IRS990/OccupancyGrp/ProgramServicesAmt0133093
IRS990/OccupancyGrp/TotalAmt0139475
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt060713
IRS990/OtherAssetsTotalGrp/EOYAmt028009
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt037201
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0514153
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0551354
IRS990/OtherExpensesGrp/Desc0FOSTER PARENT PER DIEMS
IRS990/OtherExpensesGrp/Desc1PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc2FOOD
IRS990/OtherExpensesGrp/Desc3CONTRACT SERVICES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt013612
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15334
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt29158
IRS990/OtherExpensesGrp/ProgramServicesAmt0447141
IRS990/OtherExpensesGrp/ProgramServicesAmt1347238
IRS990/OtherExpensesGrp/ProgramServicesAmt2151783
IRS990/OtherExpensesGrp/ProgramServicesAmt3118274
IRS990/OtherExpensesGrp/TotalAmt0447141
IRS990/OtherExpensesGrp/TotalAmt1360850
IRS990/OtherExpensesGrp/TotalAmt2157117
IRS990/OtherExpensesGrp/TotalAmt3127432
IRS990/OtherRevenueMiscGrp/Desc0DEBT FORGIVENESS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0606466
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0606466
IRS990/OtherRevenueTotalAmt0606466
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt076951
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02708684
IRS990/OtherSalariesAndWagesGrp/TotalAmt02785635
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013384
IRS990/PayrollTaxesGrp/ProgramServicesAmt099375
IRS990/PayrollTaxesGrp/TotalAmt0112759
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt010997
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0140622
IRS990/PensionPlanContributionsGrp/TotalAmt0151619
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt074520
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0108098
IRS990/PrincipalOfficerNm0JEFF GROTHOUSE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES TITLE IV-E
IRS990/ProgramServiceRevenueGrp/Desc1MEDICAID PROGRAMS
IRS990/ProgramServiceRevenueGrp/Desc2PARTIAL SUPP-SOC SEC/PARENTS
IRS990/ProgramServiceRevenueGrp/Desc3VO-AG AND SCHOOL INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt02243
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03077237
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1385460
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24088
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03077237
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1385460
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24088
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32243
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt055034
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02036881
IRS990/PYOtherExpensesAmt01860201
IRS990/PYOtherRevenueAmt0439135
IRS990/PYProgramServiceRevenueAmt03306479
IRS990/PYRevenuesLessExpensesAmt0244245
IRS990/PYSalariesCompEmpBnftPaidAmt03733083
IRS990/PYTotalExpensesAmt05593284
IRS990/PYTotalRevenueAmt05837529
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0436593
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0428177
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03469028
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01676468
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01675255
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.19410
IRS990ScheduleD/BuildingsGrp/BookValueAmt03805477
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06697619
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0683995
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09819101
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt052073335
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt049025570
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt02827508
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt05875273
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt055512788
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt052073335
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03229999
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt06669452
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt053605328
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt055512788
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02258426
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0350966
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt050911564
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt053605328
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03037407
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0343643
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt051301263
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt050911564
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-55841
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0333858
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0144226
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0144226
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-306906
IRS990ScheduleD/ExpensesSubtotalAmt05954293
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt015035
IRS990ScheduleD/InvestmentExpensesNotIncldAmt015035
IRS990ScheduleD/LandGrp/BookValueAmt02535921
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt02178424
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0357497
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01045197
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-321941
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06660671
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0993939
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt01137576
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06517034
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-321941
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.80590
IRS990ScheduleD/RevenueNotReportedAmt01045197
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-306906
IRS990ScheduleD/RevenueSubtotalAmt06390886
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PERMANENTLY RESTRICTED ENDOWMENT FUNDS ARE INVESTED TO PROVIDE EARNINGS FOR THE MARSH FOUNDATION TO FUND ITS INTENDED MISSION. THE TEMPORARILY RESTRICTED ENDOWMENT NET ASSETS CONSIST OF PROPERTY, PLANT, AND EQUIPMENT PURCHASED UNDER THE TERMS OF THE WILLS OF GEORGE H MARSH AND KATIE MARSH CLYMER IN ADDITION TO OTHER DONATIONS RECEIVED FOR THE HOME AND SCHOOL. THE NET ASSETS ARE TO BE USED BY THE FOUNDATION FOR THE HOME AND SCHOOL AND TO PROVIDE INCOME FOR THEIR OPERATING PURPOSES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES -321,941
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES -321,941
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013002069
IRS990ScheduleD/TotalExpensesPerForm990Amt05647387
IRS990ScheduleD/TotalRevenuePerForm990Amt06083980
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07436083
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05954293
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0RACIAL NON-DISCRIMINATORY POLICY IS PUBLISHED ANNUALLY IN THE VAN WERT TIMES BULLETIN, LIMA NEWS AND TOLEDO BLADE IN ACCORDANCE WITH REVENUE PROCEDURE 75-50.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1PER DIEM AMOUNTS ARE RECEIVED FROM THE DEPARTMENT OF HUMAN SERVICES AND FROM THE COURT SYSTEM FOR PARTIAL SUPPORT OF CHILDREN FOR REIMBURSEMENT OF EXPENSES INCURRED BY THEM. A FEDERAL FOOD GRANT IS ALSO RECEIVED TO HELP WITH PROVIDING FOOD FOR THE CHILDREN.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE 990 WAS PROVIDED TO THE EXECUTIVE SECRETARY AND THE BOARD OF TRUSTEES PRIOR TO FILING. BEFORE FILING THE 990, THE EXECUTIVE SECRETARY REVIEWS THE 990 WITH THE CPA IN DETAIL. A GENERAL REVIEW IS PERFORMED BY THE GOVERNING BOARD AT THE BOARD MEETING BEFORE FILING THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH TRUSTEE AND THE EXECUTIVE SECRETARY/TREASURER ANUALLY COMPLETES A QUESTIONNAIRE TO DISCLOSE ANY CONFLICTS OF INTEREST. THE CONFLICTS OF INTEREST POLICY IS INCLUDED IN THE HANDBOOK THAT IS APPROVED BY THE TRUSTEES. THEREFORE, THERE IS A FULL UNDERSTANDING OF THE POLICY. THEY UNDERSTAND THAT THE FOUNDATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY, THE BOARD OF TRUSTEES REVIEWS AND APPROVES SALARIES OF EXECUTIVE DIRECTOR AFTER A REVIEW OF JOB DUTIES PERFORMED AND AN ANALYSIS OF COMPARABLE DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATIONS'S TAX RETURN, GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE FOR REVIEW UPON REQUEST TO THE TRUSTEES OR EXECUTIVE SECRETARY. COPIES ARE MADE IF REQUESTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4RENTAL EXPENSES 321,941 RENTAL EXPENSES -321,941
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 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt058612891
IRS990/TotalAssetsEOYAmt060250142
IRS990/TotalAssetsGrp/BOYAmt058612891
IRS990/TotalAssetsGrp/EOYAmt060250142
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt067769
IRS990/TotalEmployeeCnt0100
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0383476
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05263911
IRS990/TotalFunctionalExpensesGrp/TotalAmt05647387
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0537947
IRS990/TotalLiabilitiesEOYAmt0693408
IRS990/TotalLiabilitiesGrp/BOYAmt0537947
IRS990/TotalLiabilitiesGrp/EOYAmt0693408
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt058074944
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt059556734

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$74.4$0.72$73.7$7.85$7.43$0.42
2024Detailed filing. Detailed filing data is available for this year.$70.2$0.74$69.5$6.34$6.87$0.52
2023Detailed filing. Detailed filing data is available for this year.$65.3$0.60$64.7$4.90$6.79$1.89
2022Detailed filing. Detailed filing data is available for this year.$62.8$0.54$62.3$6.31$6.66$0.36
2021Detailed filing. Detailed filing data is available for this year.$69.8$0.54$69.3$16.0$6.07$9.89
2020Detailed filing. Detailed filing data is available for this year.$60.3$0.69$59.6$6.08$5.65$0.44
2019Detailed filing. Detailed filing data is available for this year.$58.6$0.54$58.1$5.84$5.59$0.24
2018Detailed filing. Detailed filing data is available for this year.$57.5$0.47$57.1$8.01$5.60$2.41
2017Detailed filing. Detailed filing data is available for this year.$56.0$0.48$55.5$6.71$5.37$1.34
2016Detailed filing. Detailed filing data is available for this year.$54.0$0.60$53.4$3.02$5.44$2.42
2015Detailed filing. Detailed filing data is available for this year.$55.0$0.71$54.3$13.2$5.34$7.88
2014Detailed filing. Detailed filing data is available for this year.$55.5$0.62$54.9$6.16$4.97$1.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.0$0.52$50.4$4.69
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.1$0.54$47.6$4.52
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.9$0.41$47.5$4.51