Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
990EZ • Fiscal year 2022 • EIN 47-0926754
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
37th percentile
Higher net margin than 37% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
84th percentile
Faster asset growth than 84% of similar nonprofits.
Revenue Growth
88th percentile
Faster revenue growth than 88% of similar nonprofits.
Assets
Up$101,680
Up $33,709 (+50%) from 2021
Net Assets
Down$40,924
Down $1,476 (-3.5%) from 2021
Liabilities
Up$60,756
Up $35,185 (+138%) from 2021
Revenue
Up$94,184
Up $54,948 (+140%) from 2021
Expenses
Up$95,660
Up $35,108 (+58%) from 2021
Net Income
Up-$1,476
Up $19,840 (+93%) from 2021
To support the advancement of edu
Refer to mission on page 13
| Description | Grants | Expenses |
|---|---|---|
| SPONSORED COMMUNITY EVENTS SUCH AS MARIETTA-ROSWELL ALUMNAE COTILLION, SCHOLARSHIP PROGRAM DONATIONS, AND MRAC SIGNATURE FUNDRAISING EVENTS. | - | $91,959 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| TONIA NELSON | Chair | - | $0 | - | - |
| JENNIFER ALLEN | Vice Chair | - | $0 | - | - |
| CICELY BRECKENRIDGE | Secretary | - | $0 | - | - |
“Purpose: the minerva foundation inc (tmfi) is organized exclusively for charitable and educational purposes, including the making of distributions to organizations that qualify as exempt organizations under section 501c3 of the internal revenue code of 1954 (or the corresponding provision of any future united states internal revenue law); provide charitable services to the general public through the implementation of service-oriented programs for the advancement of education, relief of the poor and underprivileged, defense of human and civil rights, combating community deterioration and addressing public health and safety issues; and carrying on lawful business activities allowed by nonprofit organization in the state of georgia. Mission: the mission of tmfi is to partner with non profit organizations as a funding resource for community projects and programs.vision: to support and empower our non-profit partners to bring impact and change.programs that have been supported include the following: marietta-roswell alumnae cotillion; scholarship program donations; mrac signature fundraising eventscasino night20th & 25th mrac chapter anniversary”
“Description amountcharitable contribution 67,959postage and mailing service 182online payment processing fees 453office supplies & software 900business expenses 959business registration fees 90bank and merchant fees 900reimbursable expenses 217”
“Category beginning of year end of yearother assets 1,497 151accounts receivable 0 5,000”
“Category beginning of year end of yeargrant payables 25,571 60,756”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 0 | TONIA NELSON |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 1 | JENNIFER ALLEN |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 2 | CICELY BRECKENRIDGE |
| CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt | 0 | THE MINERVA FOUNDATION, INC IS A NOT-FOR-PROFIT ENTITY THAT IS NOT COMPENSATING ANY OFFICERS INCLUDING EXECUTIVE OFFICERS FOR THEIR SERVICES. |
| CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt | 1 | THE MINERVA FOUNDATION, INC IS A NOT-FOR-PROFIT ENTITY THAT IS NOT COMPENSATING ANY OFFICERS INCLUDING EXECUTIVE OFFICERS FOR THEIR SERVICES. |
| CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt | 2 | THE MINERVA FOUNDATION, INC. IS A NOT-FOR-PROFIT ENTITY THAT IS NOT COMPENSATING ANY OFFICERS INCLUDING EXECUTIVE OFFICERS FOR THEIR SERVICES. |
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | TONIA NELSON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6787584991 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | POST OFFICE BOX 674513 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MARIETTA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | GA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 30006 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 66474 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 96529 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 93314 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -1476 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 24000 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 67971 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 101680 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 820 |
| IRS990EZ/GrossReceiptsAmt | 0 | 94184 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 820 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 50 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 42400 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 40924 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 42400 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 40924 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | TONIA NELSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JENNIFER ALLEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CICELY BRECKENRIDGE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 1497 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 5151 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 71660 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | REFER TO MISSION ON PAGE 13 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SPONSORED COMMUNITY EVENTS SUCH AS MARIETTA-ROSWELL ALUMNAE COTILLION, SCHOLARSHIP PROGRAM DONATIONS, AND MRAC SIGNATURE FUNDRAISING EVENTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 91959 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | GA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 25571 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 60756 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 95660 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 91959 |
| IRS990EZ/TotalRevenueAmt | 0 | 94184 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | HTTP://MINERVAFOUNDATION.ORG/ |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 87266 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 39237 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 55069 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 96260 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 21124 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 298956 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt | 0 | 6918 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt | 0 | 13890 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 20808 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 146 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 146 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99950 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99950 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 319764 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 94184 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 53127 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 55069 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 96260 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 21124 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 319764 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 94184 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 53127 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 55069 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 96260 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 21270 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 319910 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | PURPOSE: THE MINERVA FOUNDATION INC (TMFI) IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, INCLUDING THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501C3 OF THE INTERNAL REVENUE CODE OF 1954 (OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW); PROVIDE CHARITABLE SERVICES TO THE GENERAL PUBLIC THROUGH THE IMPLEMENTATION OF SERVICE-ORIENTED PROGRAMS FOR THE ADVANCEMENT OF EDUCATION, RELIEF OF THE POOR AND UNDERPRIVILEGED, DEFENSE OF HUMAN AND CIVIL RIGHTS, COMBATING COMMUNITY DETERIORATION AND ADDRESSING PUBLIC HEALTH AND SAFETY ISSUES; AND CARRYING ON LAWFUL BUSINESS ACTIVITIES ALLOWED BY NONPROFIT ORGANIZATION IN THE STATE OF GEORGIA. MISSION: THE MISSION OF TMFI IS TO PARTNER WITH NON PROFIT ORGANIZATIONS AS A FUNDING RESOURCE FOR COMMUNITY PROJECTS AND PROGRAMS.VISION: TO SUPPORT AND EMPOWER OUR NON-PROFIT PARTNERS TO BRING IMPACT AND CHANGE.PROGRAMS THAT HAVE BEEN SUPPORTED INCLUDE THE FOLLOWING: MARIETTA-ROSWELL ALUMNAE COTILLION; SCHOLARSHIP PROGRAM DONATIONS; MRAC SIGNATURE FUNDRAISING EVENTSCASINO NIGHT20TH & 25TH MRAC CHAPTER ANNIVERSARY |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION AMOUNTCHARITABLE CONTRIBUTION 67,959POSTAGE AND MAILING SERVICE 182ONLINE PAYMENT PROCESSING FEES 453OFFICE SUPPLIES & SOFTWARE 900BUSINESS EXPENSES 959BUSINESS REGISTRATION FEES 90BANK AND MERCHANT FEES 900REIMBURSABLE EXPENSES 217 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CATEGORY BEGINNING OF YEAR END OF YEAROTHER ASSETS 1,497 151ACCOUNTS RECEIVABLE 0 5,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CATEGORY BEGINNING OF YEAR END OF YEARGRANT PAYABLES 25,571 60,756 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | General explanation attachment |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Description of total liabilities Part II line 26 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL2 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 00 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TONIA NELSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6787584991 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-12-01 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE MINERVA FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MINE |
| ReturnHeader/Filer/EIN | 0 | 470926754 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | POST OFFICE BOX 674513 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MARIETTA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 30006 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 273963693 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ACCOUNTING & TAX ADVISORY GROUP PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 555 N POINT CTR E STE 400 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ALPHARETTA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 30022 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7705586338 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-12-01 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | RIOLENE J IBOK |
| ReturnHeader/ReturnTs | 0 | 2022-12-01T14:58:54-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | TONIA |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | NELSON |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-06-30 |
| ReturnHeader/TaxYr | 0 | 2021 |
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Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.