Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Kimberley L Martin Foundation Inc
EIN 47-0898719 • 501(c)3 • Henrico, VA
Profile
Our mission is to make education affordable and career goals possible. The primary purpose of the organization is to raise funds and distribute book scholarship awards.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
76th percentile
Higher net margin than 76% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
66th percentile
Faster asset growth than 66% of similar nonprofits.
Revenue Growth
43rd percentile
Faster revenue growth than 43% of similar nonprofits.
Balance Sheet
Assets
Up$402,258
Up $31,194 (+8.4%) from 2023
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Up$401,972
Up $30,872 (+8.3%) from 2023
Revenue
Down$144,141
Down $10,624 (-6.9%) from 2023
Expenses
Down$113,233
Down $14,501 (-11%) from 2023
Net Income
Up$30,908
Up $3,877 (+14%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $402,258
- Liabilities
- -
- Net assets
- $401,972
- Revenue
- $144,141
- Expenses
- $113,233
- Net income
- $30,908
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 8, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $144,141
Mission and Program Overview
Mission
To promote the value of higher education an offer substantial academic scholarships.
Our mission is to make education affordable and career goals possible. The primary purpose of the organization is to raise funds and distribute book scholarship awards.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| BOOK SCHOLARSHIPS | - | $53,000 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KIMBERLY L MARTIN | President And Founder | PT | $0 | - | - |
| LA VERNE BURRUS JOHNSON | Secretary | - | $0 | - | - |
| CATINA DOWNEY | CFO And Treasurer | - | $0 | - | - |
| VINCE WALDRON | Board Member | - | $0 | - | - |
| JAY ALLEN | Board Member | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| 14th Annual Black and White Affair | $101,139 | - | $12,993 | - |
| Total Events | $101,139 | - | $55,858 | $-55,858 |
Filing and Contact Details
Filer
- Filer Name
- Kimberley L Martin Foundation Inc
- EIN
- 47-0898719
- In Care Of
- % KIMBERLEY L MARTIN
- Phone
- 8046871829
- Address
- P O BOX 81, HENRICO, VA 23228
Signing Officer
- Name
- Catina Downey
- Title
- CFO
- Phone
- 8047166970
- Signed
- 2025-11-08
Supplemental Narrative
Additional Explanations
Part I, Line 10
“The balance of the contributions were each usd 5,000 or less.”
Part I, Line 16
“1) other expenses advertising amount 258 2) other expenses bank charges amount 11 3) other expenses liability insurance amount 237 4) other expenses meetings amount 272 5) other expenses merchant processing fees amount 2028 6) other expenses office supplies and software amount 386 7) other expenses website hosting and email expenses amount 833 8) other expenses black and white affair expenses amount 55858”
Other
“990 ez part i line 10 reflects the aggregate of individual scholarships provided to students and universities on behalf of students. 65 scholarships were awarded for 2024.”
Raw XML Appendix173 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | CATINA DOWNEY CPA PLLC |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8043067440 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 81 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | HENRICO |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 23228 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 371064 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 402258 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 142975 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 30908 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 371064 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 402258 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 53000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 144141 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1166 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 371064 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 401972 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 371064 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 402258 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 15 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 4 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KIMBERLY L MARTIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | LA VERNE BURRUS JOHNSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CATINA DOWNEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | VINCE WALDRON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | JAY ALLEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT AND FOUNDER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | CFO AND TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 59883 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | OUR MISSION IS TO MAKE EDUCATION AFFORDABLE AND CAREER GOALS POSSIBLE. THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO RAISE FUNDS AND DISTRIBUTE BOOK SCHOLARSHIP AWARDS. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 350 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | BOOK SCHOLARSHIPS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 53000 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 113233 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 53000 |
| IRS990EZ/TotalRevenueAmt | 0 | 144141 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationAssocInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.klmfoundation.org |
| IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt | 0 | 0 |
| IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt | 0 | 0 |
| IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt | 0 | 0 |
| IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt | 0 | 0 |
| IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt | 0 | 0 |
| IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 142976 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 147166 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 154088 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 82158 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 136073 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 662461 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 1166 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 432 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 627 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 877 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 3102 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 7167 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 34855 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 22062 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 8152 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 72236 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 1166 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 432 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 627 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 877 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 3102 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00420 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00260 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99580 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99740 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 734697 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 142976 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 154333 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 188943 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 104220 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 144225 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 734697 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 144142 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 154765 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 189570 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 105097 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 144225 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 737799 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt | 0 | 101139 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 101139 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 55858 |
| IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt | 0 | 3250 |
| IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt | 0 | 3250 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | 14TH ANNUAL BLACK AND WHITE AFFAIR |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 101139 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 101139 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | -55858 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 12993 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 12993 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt | 0 | 39615 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt | 0 | 39615 |
| IRS990ScheduleG/PersonsWithBooksName/BusinessNameLine1Txt | 0 | NA |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE BALANCE OF THE CONTRIBUTIONS WERE EACH USD 5,000 OR LESS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 1) OTHER EXPENSES ADVERTISING AMOUNT 258 2) OTHER EXPENSES BANK CHARGES AMOUNT 11 3) OTHER EXPENSES LIABILITY INSURANCE AMOUNT 237 4) OTHER EXPENSES MEETINGS AMOUNT 272 5) OTHER EXPENSES MERCHANT PROCESSING FEES AMOUNT 2028 6) OTHER EXPENSES OFFICE SUPPLIES AND SOFTWARE AMOUNT 386 7) OTHER EXPENSES WEBSITE HOSTING AND EMAIL EXPENSES AMOUNT 833 8) OTHER EXPENSES BLACK AND WHITE AFFAIR EXPENSES AMOUNT 55858 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 990 EZ PART I LINE 10 REFLECTS THE AGGREGATE OF INDIVIDUAL SCHOLARSHIPS PROVIDED TO STUDENTS AND UNIVERSITIES ON BEHALF OF STUDENTS. 65 SCHOLARSHIPS WERE AWARDED FOR 2024. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | OTHER |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CATINA DOWNEY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CFO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8047166970 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | KIMBERLEY L MARTIN FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | KIMB |
| ReturnHeader/Filer/EIN | 0 | 470898719 |
| ReturnHeader/Filer/InCareOfNm | 0 | % KIMBERLEY L MARTIN |
| ReturnHeader/Filer/PhoneNum | 0 | 8046871829 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | P O BOX 81 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HENRICO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 23228 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/ReturnTs | 0 | 2025-11-09T11:50:45-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
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