Civic Intelligence

The Memorial Foundation

990 • Fiscal year 2015 • EIN 46-0758941

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

633 Pennsylvania Ave NW No 3rd FLWashington, DC 20004

(202) 737-5420

Siviq Scores

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

Liabilities / Assets

100th percentile

8.23x

Higher debt load relative to assets than 100% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

92nd percentile

1.52x

Higher debt load relative to revenue than 92% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

5th percentile

-58%

Higher net margin than 5% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

97th percentile

$233,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 37.4% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

81st percentile

23%

Faster asset growth than 81% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

82nd percentile

34%

Faster revenue growth than 82% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$114,822

Up $21,545 (+23%) from 2014

Net Assets

Down

-$830,024

Down $241,376 (-41%) from 2014

Liabilities

Up

$944,846

Up $262,921 (+39%) from 2014

Revenue

Up

$622,400

Up $156,522 (+34%) from 2014

Expenses

Up

$981,640

Up $134,276 (+16%) from 2014

Net Income

Up

-$359,240

Up $22,246 (+5.8%) from 2014

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$0-$1.0M-$2.0MAssets 2012: $71,067Liabilities 2012: $0Net Assets 2012: $71,0672012Assets 2013: $75,788Liabilities 2013: $248,867Net Assets 2013: -$173,0792013Assets 2014: $93,277Liabilities 2014: $681,925Net Assets 2014: -$588,6482014Assets 2015: $114,822Liabilities 2015: $944,846Net Assets 2015: -$830,0242015Assets 2016: $90,439Liabilities 2016: $1,026,068Net Assets 2016: -$935,6292016Assets 2017: $0Liabilities 2017: $1,418,866Net Assets 2017: -$1,418,8662017Assets 2018: $12,181Liabilities 2018: $1,659,144Net Assets 2018: -$1,646,9632018Assets 2019: $20,833Liabilities 2019: $290,275Net Assets 2019: -$269,4422019Assets 2020: $557,728Liabilities 2020: $810,201Net Assets 2020: -$252,4732020Assets 2021: $1,841,102Liabilities 2021: $773,461Net Assets 2021: $1,067,6412021Assets 2022: $2,013,420Liabilities 2022: $736,565Net Assets 2022: $1,276,8552022Assets 2023: $1,035,555Liabilities 2023: $113,684Net Assets 2023: $921,8712023Assets 2024: $1,252,342Liabilities 2024: $402,921Net Assets 2024: $849,4212024

Highlighted filing

2015

Assets$114,822
Liabilities$944,846
Net Assets-$830,024

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2012: $350,000Expenses 2012: $278,933Net Income 2012: $71,0672012Revenue 2013: $326,102Expenses 2013: $570,250Net Income 2013: -$244,1482013Revenue 2014: $465,878Expenses 2014: $847,364Net Income 2014: -$381,4862014Revenue 2015: $622,400Expenses 2015: $981,640Net Income 2015: -$359,2402015Revenue 2016: $521,570Expenses 2016: $848,607Net Income 2016: -$327,0372016Revenue 2017: $361,140Expenses 2017: $639,321Net Income 2017: -$278,1812017Revenue 2018: $291,448Expenses 2018: $653,097Net Income 2018: -$361,6492018Revenue 2019: $422,365Expenses 2019: $691,827Net Income 2019: -$269,4622019Revenue 2020: $1,264,620Expenses 2020: $812,018Net Income 2020: $452,6022020Revenue 2021: $3,723,853Expenses 2021: $2,403,739Net Income 2021: $1,320,1142021Revenue 2022: $1,794,317Expenses 2022: $1,585,103Net Income 2022: $209,2142022Revenue 2023: $983,780Expenses 2023: $1,338,764Net Income 2023: -$354,9842023Revenue 2024: $1,635,698Expenses 2024: $1,708,148Net Income 2024: -$72,4502024

Highlighted filing

2015

Revenue$622,400
Expenses$981,640
Net Income-$359,240
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$622,400
Mission and Program Overview

Mission

The organization's mission is to promote awareness of the martin luther king,jr memorial located in washington dc and the tenets of democracy. Also to create innovative educational programs;provide opportunities for meaningful exhange of ideas;honoring individuals who implement the four tents and encouraging traffic to an upkeep of the martin luther king,jr memorial.

The memorial foundation mission is to promote awareness of the martin luther king jr,memorial located in washington,dcand its tenets of democracy,justice,hope,and love as well as to support the general upkeep of the memorial in future years. The memorial foundation will achieve its mission by creating innovative educational programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$93,277$114,822▲ $21,545
Total Assets$93,277$114,822▲ $21,545
Liabilities
Other Liabilities$597,874$903,090▲ $305,216
Accounts Payable and Accrued Expenses$84,051$41,756▼ $42,295
Total Liabilities$681,925$944,846▲ $262,921
Net Assets / Fund Balance
Unrestricted Net Assets$-588,648$-830,024▼ $241,376
Total Net Assets Fund Balance$-588,648$-830,024▼ $241,376
Total Liabilities and Net Assets / Fund Balance$93,277$114,822▲ $21,545
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Harry E JohnsonOfficerFT$233,000$233,000

Board Members and Trustees

NameTitle
Guy VickersBoard Chairman
Tyrone CmeansBoard Member/officer
Chris JahrlingDirector
Deb ElamDirector
Frank Russell JrDirector
Joelle MurchinsonDirector
Michael BennettDirector
Pamela AlexanderDirector
Revjoe RatliffjrDirector
Vivian PickardDirector
Zafar BrooksDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$452,352
Program Service Revenue
$170,000
Investment Income
$48
Other Revenue
$0
All Other Contributions
$452,352
Change in Net Assets
$-359,240
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$539,376
Salaries, Compensation, and Employee Benefits$442,264
Total Fundraising Expense$115,168
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$214,221$96,546$60,326$371,093
Fees for Services Other$16,466$33,538$28,000$78,004
Occupancy-$62,227-$62,227
Other Employee Benefits-$45,009-$45,009
Payroll Taxes$26,162--$26,162
Travel-$5,515$13,690$19,205
Fees for Services Management-$16,700-$16,700
Other Expenses$3,180$15,725$8,258$15,725
Fees for Services Legal-$8,250$3,600$11,850
All Other Expenses$7,461--$7,461
Insurance-$7,264-$7,264
Advertising-$2,654$1,294$3,948
Total Functional Expenses$541,044$325,428$115,168$981,640
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
Due to Wash. Dc National Memorial Foundaton$903,090
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

A final copy of the return is circulated to the 10 member board for review.

Form 990, Part VI, Section B, Line 12

The organization monitors conflict of interest on a regular basis.

Form 990, Part VI, Section C, Line 19

The foundation will make its governing and conflict of interest documents as well its financial statement to the public available upon request.

Filing and Contact Details

Filer

Filer Name
The Memorial Foundationinc
EIN
46-0758941
Phone
2027375420
Address
633 PENNSYLVANIA AVE NW NO 3RD FL, WASHINGTON, DC 20004

Signing Officer

Name
Richard Wmarshall
Title
President/CEO
Phone
2027375420
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Harry E Johnson
Formed
2012
Legal Domicile
Dc
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
0

Preparer

Firm
Bert Smith & Co
Address
1090 VERMONT AVE SUITE 920, WASHINGTON, DC 20005
Preparer
Norman M Gravescpa
Phone
2023935600
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Management asserts that it has not undertaken any uncertain tax positions

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0452352
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0332209
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0238602
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0350000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01373163
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt048
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt030
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt078
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0170000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0133639
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0171102
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0474741
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.74310
IRS990ScheduleA/PublicSupportPY170Pct00.75130
IRS990ScheduleA/PublicSupportTotal170Amt01373163
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0452352
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0332209
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0238602
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0350000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01373163
IRS990ScheduleA/TotalSupportAmt01847982
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/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0903090
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO WASH. DC NATIONAL MEMORIAL FOUNDATON
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT ASSERTS THAT IT HAS NOT UNDERTAKEN ANY UNCERTAIN TAX POSITIONS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt0903090
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0233000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0HARRY E JOHNSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0233000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A FINAL COPY OF THE RETURN IS CIRCULATED TO THE 10 MEMBER BOARD FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MONITORS CONFLICT OF INTEREST ON A REGULAR BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION WILL MAKE ITS GOVERNING AND CONFLICT OF INTEREST DOCUMENTS AS WELL ITS FINANCIAL STATEMENT TO THE PUBLIC AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0COMMON MEMBERS OF MANAGEMENT AND OFFICERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WASHINGTON DC MEMORIAL FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0522145683
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0DC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0JR MEMORIAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0633 PENNSYLVANIA AVE NW 3RD FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WASHINGTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0DC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd020001
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FAIR VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0WASHINGTON DC NATIONAL MEMORIAL FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1WASHINGTON DC NATIONAL MEMORIAL FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1N
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0DC
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt093277
IRS990/TotalAssetsEOYAmt0114822
IRS990/TotalAssetsGrp/BOYAmt093277
IRS990/TotalAssetsGrp/EOYAmt0114822
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0452352
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0115168
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0325428
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0541044
IRS990/TotalFunctionalExpensesGrp/TotalAmt0981640
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0681925
IRS990/TotalLiabilitiesEOYAmt0944846
IRS990/TotalLiabilitiesGrp/BOYAmt0681925
IRS990/TotalLiabilitiesGrp/EOYAmt0944846
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-588648
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-830024

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