Civic Intelligence

Washington D C National Memorial Foundation Inc

EIN 52-2145683 • 501(c)3 • Washington, DC

Profile

Mission is to complete the conveyance of the martin luther king jr.memorial to the national park service and to make it a living memorial by promoting awareness through democracy,justice,peace and love. The latter part of the mission will transition over to the memorial foundation.org. As the organization mature..

633 Pennsylvania Ave NW No 3rd FLWashington, DC 20004

www.buildthedream.org

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.05x

Higher debt load relative to assets than 23% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

99th percentile

47.65x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2015

Net Margin

3rd percentile

-74%

Higher net margin than 3% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

11th percentile

$6,000

Higher top officer pay than 11% of similar nonprofits.

Top officer pay equals 7.7% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2015

Asset Growth

26th percentile

-0.2%

Faster asset growth than 26% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

8th percentile

-28%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Assets

Down

$79,403,154

Down $124,303 (-0.2%) from 2014

Liabilities

Up

$3,711,188

Up $82,404 (+2.3%) from 2014

Net Assets

Down

$75,691,966

Down $206,707 (-0.3%) from 2014

Revenue

Down

$77,886

Down $30,317 (-28%) from 2014

Expenses

Down

$135,226

Down $149,410 (-52%) from 2014

Net Income

Up

-$57,340

Up $119,093 (+68%) from 2014

Trend Graphs

Balance Sheet Trend

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

$100M$50M$0Assets 2010: $72,394,189Liabilities 2010: $5,411,189Net Assets 2010: $66,983,0002010Assets 2011: $81,825,544Liabilities 2011: $5,454,286Net Assets 2011: $76,371,2582011Assets 2012: $80,374,581Liabilities 2012: $4,540,929Net Assets 2012: $75,833,6522012Assets 2013: $79,692,861Liabilities 2013: $4,166,417Net Assets 2013: $75,526,4442013Assets 2014: $79,527,457Liabilities 2014: $3,628,784Net Assets 2014: $75,898,6732014Assets 2015: $79,403,154Liabilities 2015: $3,711,188Net Assets 2015: $75,691,9662015

Highlighted filing

2015

Assets$79,403,154
Liabilities$3,711,188
Net Assets$75,691,966

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2010: $4,834,548Expenses 2010: $3,828,511Net Income 2010: $1,006,0372010Revenue 2011: $25,517,468Expenses 2011: $16,457,618Net Income 2011: $9,059,8502011Revenue 2012: $1,591,002Expenses 2012: $2,015,982Net Income 2012: -$424,9802012Revenue 2013: $886,907Expenses 2013: $861,473Net Income 2013: $25,4342013Revenue 2014: $108,203Expenses 2014: $284,636Net Income 2014: -$176,4332014Revenue 2015: $77,886Expenses 2015: $135,226Net Income 2015: -$57,3402015

Highlighted filing

2015

Revenue$77,886
Expenses$135,226
Net Income-$57,340

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$77,886
Mission and Program Overview

Mission

Mission is to complete the conveyance of the martin luther king jr.memorial to the national park service and to make it a living memorial by promoting awareness through democracy,justice,peace and love. The latter part of the mission will transition over to the memorial foundation.org. As the organization mature..

To perform the successful transition of the martin luther king memorial to the united states national parks agency.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$695,588$517,369▼ $178,219
Inventories for Sale or Use$137,645$106,041▼ $31,604
Accounts Receivable$450,000$105,000▼ $345,000
Cash and Non-Interest-Bearing Accounts$30,000$77,098▲ $47,098
Prepaid Expenses and Deferred Charges$4,301$4,621▲ $320
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$79,527,457$79,403,154▼ $124,303
Other Assets Total$78,209,923$78,593,025▲ $383,102
Liabilities
Unsecured Notes Loans Payable$3,152,452$3,152,452→ $0
Accounts Payable and Accrued Expenses$450,508$455,026▲ $4,518
Other Liabilities$25,824$103,710▲ $77,886
Total Liabilities$3,628,784$3,711,188▲ $82,404
Net Assets / Fund Balance
Unrestricted Net Assets$72,146,765$71,940,058▼ $206,707
Temporarily Rstr Net Assets$3,751,908$3,751,908→ $0
Total Net Assets Fund Balance$75,898,673$75,691,966▼ $206,707
Total Liabilities and Net Assets / Fund Balance$79,527,457$79,403,154▼ $124,303

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$144,914$144,914
Other Assets Org$903,090--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Harry JohnsonPresident$6,000$6,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$77,886
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$77,886
Change in Net Assets
$-57,340

Audited Revenue Reconciliation

Revenue per Audited Statements
$77,886
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$77,886
Total Revenue per Form 990
$77,886
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$107,878
Salaries, Compensation, and Employee Benefits$24,048
Professional Fundraising Fees$3,300
Total Fundraising Expense$3,300
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest-$77,886-$77,886
Other Salaries and Wages$7,141$9,549-$16,690
Occupancy-$6,154-$6,154
Fees for Services Other$918$4,358-$5,276
Other Employee Benefits-$4,451-$4,451
Travel-$3,842-$3,842
Fees for Services Professional Fundraising--$3,300$3,300
Payroll Taxes-$2,907-$2,907
Insurance-$807-$807
Other Expenses-$96-$96
Total Functional Expenses$8,059$123,867$3,300$135,226

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$135,225
Total Expenses per Audited Statements$135,225
Total Expenses per Form 990$135,225
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$3,300
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest Payable$103,710
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
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, Part VI, Section B, Line 11

The board has assigned the audit committee to review form 990 before filing. Also, the audit committee chair reports to the board based upon the committee review.

Form 990, Part VI, Section B, Line 12C

Annual basis the board attorney performs a conflict of interest survey and reports the results to the board.

Form 990, Part VI, Section B, Line 15

There is a special session of the board of directors to establish ceo compensation. Ceo sets the other salaries in line with the board special session review.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Washington Dc National Memorial
EIN
52-2145683
Phone
2027375420
Address
633 PENNSYLVANIA AVE NW NO 3RD FL, WASHINGTON, DC 20004

Signing Officer

Name
Richard W Marshall
Title
Chief Financial Officer
Phone
2027375420
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Marshall
Formed
1998
Legal Domicile
Dc
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
0

Preparer

Firm
Bert Smith & Co
Address
1090 VERMONT AVE NW, WASHINGTON, DC 20005
Phone
2023935600
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Management has made an assessment and has concluded that there have no uncertain tax positions with respect to the financial information disclosed in this tax return.

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt296
IRS990/OtherExpensesGrp/TotalAmt012070
IRS990/OtherExpensesGrp/TotalAmt11747
IRS990/OtherExpensesGrp/TotalAmt296
IRS990/OtherLiabilitiesGrp/BOYAmt025824
IRS990/OtherLiabilitiesGrp/EOYAmt0103710
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt09549
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt07141
IRS990/OtherSalariesAndWagesGrp/TotalAmt016690
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02907
IRS990/PayrollTaxesGrp/TotalAmt02907
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0695588
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0517369
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04301
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04621
IRS990/PrincipalOfficerNm0RICHARD MARSHALL
IRS990/PriorPeriodAdjustmentsAmt0-149367
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0108203
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0257718
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-176433
IRS990/PYSalariesCompEmpBnftPaidAmt018047
IRS990/PYTotalExpensesAmt0284636
IRS990/PYTotalProfFndrsngExpnsAmt08871
IRS990/PYTotalRevenueAmt0108203
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-57340
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt077886
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0108203
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0145890
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01586276
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt013334461
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt015252716
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0274
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04576
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt06027
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt010877
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0664840
IRS990ScheduleA/InvestmentIncomePYPct00.00210
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt069466
IRS990ScheduleA/OtherIncome170Grp/TotalAmt069466
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99480
IRS990ScheduleA/PublicSupportPY509Pct00.99460
IRS990ScheduleA/PublicSupportTotal170Amt015252716
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt077886
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0108203
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0145890
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01586276
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt013334461
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt015252716
IRS990ScheduleA/TotalSupportAmt015333059
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/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0144914
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0144914
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0135225
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05520000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt171792833
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2377102
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3903090
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NATIONAL MEMORIAL MAINTENANCE AND PRESERVATION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1NATIONAL MEMORIAL
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2GRANT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3DUE FROM TMF
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0103710
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTEREST PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt077886
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS MADE AN ASSESSMENT AND HAS CONCLUDED THAT THERE HAVE NO UNCERTAIN TAX POSITIONS WITH RESPECT TO THE FINANCIAL INFORMATION DISCLOSED IN THIS TAX RETURN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt078593025
IRS990ScheduleD/TotalExpensesPerForm990Amt0135225
IRS990ScheduleD/TotalLiabilityAmt0103710
IRS990ScheduleD/TotalRevenuePerForm990Amt077886
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt077886
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0135225
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/HousingAllowanceOrResidenceInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD HAS ASSIGNED THE AUDIT COMMITTEE TO REVIEW FORM 990 BEFORE FILING. ALSO, THE AUDIT COMMITTEE CHAIR REPORTS TO THE BOARD BASED UPON THE COMMITTEE REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUAL BASIS THE BOARD ATTORNEY PERFORMS A CONFLICT OF INTEREST SURVEY AND REPORTS THE RESULTS TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE IS A SPECIAL SESSION OF THE BOARD OF DIRECTORS TO ESTABLISH CEO COMPENSATION. CEO SETS THE OTHER SALARIES IN LINE WITH THE BOARD SPECIAL SESSION REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00

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