Civic Intelligence

The Steel Technologies Foundation Inc.

990 • Fiscal year 2015 • EIN 56-2468607

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 03, 2016

700 N Hurstbourne PkwyLouisville, KY 40222

(502) 245-2110

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

33rd percentile

-2.5%

Higher net margin than 33% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

43rd percentile

-0.6%

Faster asset growth than 43% of similar nonprofits.

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

Revenue Growth

19th percentile

-16%

Faster revenue growth than 19% of similar nonprofits.

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

Assets

Down

$869,914

Down $5,511 (-0.6%) from 2014

Net Assets

Down

$869,914

Down $5,457 (-0.6%) from 2014

Liabilities

Down

$0

Down $54 (-100%) from 2014

Revenue

Down

$217,333

Down $41,280 (-16%) from 2014

Expenses

Down

$222,790

Down $10,224 (-4.4%) from 2014

Net Income

Down

-$5,457

Down $31,056 (-121%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $857,221Liabilities 2012: $0Net Assets 2012: $857,2212012Assets 2013: $849,854Liabilities 2013: $82Net Assets 2013: $849,7722013Assets 2014: $875,425Liabilities 2014: $54Net Assets 2014: $875,3712014Assets 2015: $869,914Liabilities 2015: $0Net Assets 2015: $869,9142015Assets 2016: $853,073Liabilities 2016: $0Net Assets 2016: $853,0732016Assets 2017: $886,124Liabilities 2017: $0Net Assets 2017: $886,1242017Assets 2018: $850,153Liabilities 2018: $0Net Assets 2018: $850,1532018Assets 2019: $899,779Liabilities 2019: $0Net Assets 2019: $899,7792019Assets 2020: $881,256Liabilities 2020: $0Net Assets 2020: $881,2562020Assets 2021: $946,716Liabilities 2021: $0Net Assets 2021: $946,7162021Assets 2022: $967,652Liabilities 2022: $0Net Assets 2022: $967,6522022Assets 2023: $958,717Liabilities 2023: $0Net Assets 2023: $958,7172023Assets 2024: $1,028,394Liabilities 2024: $0Net Assets 2024: $1,028,3942024

Highlighted filing

2015

Assets$869,914
Liabilities$0
Net Assets$869,914

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $210,122Expenses 2012: $178,632Net Income 2012: $31,4902012Revenue 2013: $237,539Expenses 2013: $244,988Net Income 2013: -$7,4492013Revenue 2014: $258,613Expenses 2014: $233,014Net Income 2014: $25,5992014Revenue 2015: $217,333Expenses 2015: $222,790Net Income 2015: -$5,4572015Revenue 2016: $241,317Expenses 2016: $258,158Net Income 2016: -$16,8412016Revenue 2017: $319,647Expenses 2017: $286,596Net Income 2017: $33,0512017Revenue 2018: $283,624Expenses 2018: $319,595Net Income 2018: -$35,9712018Revenue 2019: $355,939Expenses 2019: $306,313Net Income 2019: $49,6262019Revenue 2020: $237,658Expenses 2020: $256,181Net Income 2020: -$18,5232020Revenue 2021: $413,161Expenses 2021: $347,701Net Income 2021: $65,4602021Revenue 2022: $326,751Expenses 2022: $305,815Net Income 2022: $20,9362022Revenue 2023: $319,477Expenses 2023: $328,412Net Income 2023: -$8,9352023Revenue 2024: $430,626Expenses 2024: $360,949Net Income 2024: $69,6772024

Highlighted filing

2015

Revenue$217,333
Expenses$222,790
Net Income-$5,457
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 3, 2016
Return Version
2015v2.1
Gross Receipts
$342,662
Mission and Program Overview

Mission

The steel technologies foundation was established in 2004 to support charitable activities in the communities where steel technologies' employees and customers of steel technologies live and work.

To support the needs of the communities where our employees and customers live and work.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$875,371$869,914▼ $5,457
Investments in Publicly Traded Securities$742,309$750,550▲ $8,241
Savings and Temporary Cash Investments$38,063$64,754▲ $26,691
Cash and Non-Interest-Bearing Accounts$95,053$54,610▼ $40,443
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$875,425$869,914▼ $5,511
Liabilities
Accounts Payable and Accrued Expenses$54--
Total Liabilities$54$0▼ $54
Net Assets / Fund Balance
Total Net Assets Fund Balance$875,371$869,914▼ $5,457
Total Liabilities and Net Assets / Fund Balance$875,425$869,914▼ $5,511
Compensation and Service Providers

Board Members and Trustees

NameTitle
Elizabeth ThomasPresident
Michelle M HarperSecretary
Michael J CarrollTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$188,116
Program Service Revenue
$0
Investment Income
$35,190
Other Revenue
$-5,973
All Other Contributions
$106,789
Change in Net Assets
$-5,457
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$217,523
Other Expenses$5,267
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$217,523--$217,523
Fees for Services Accounting-$2,800-$2,800
Office Expenses-$1,974-$1,974
Other Expenses-$234-$234
Total Functional Expenses$217,523$5,267$0$222,790
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Supporting HeroesLouisville, KY501(c)(3)Operating Fund$100,000
21st Century Parks IncLouisville, KY501(c)(3)Operating Fund$11,500
CHILDREN'S HOSPITAL FOUNDATIONWashington, DC501(c)(3)Operating Fund$9,333
American Heart AssociationDallas, TX501(c)(3)Operating Fund$8,000
Junior AchievementLouisville, KY501(c)(3)Operating Fund$6,950
American Red CrossBoone, IA501(c)(3)Operating Fund$6,500
American Cancer SocietyLouisville, KY501(c)(3)Operating Fund$6,300
Crusade for ChildrenLouisville, KY501(c)(3)Operating Fund$6,000
United WayLouisville, KY501(c)(3)Operating Fund$5,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$23,973
Fundraising Gross Income$18,000
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Scramble$99,327$18,000$731$17,269
Total Events$99,327$18,000$23,973$-5,973
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
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
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 form 990 is provided to all members of the governing body, and management reviews the 990 before filing.

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

The organization maintains a conflict of interest policy that is annually reviewed by the board of directors for any discrepancy.

Form 990, Part VI, Section B, Line 15

The organization has no payroll, and furthermore does not compensate anyone.

Form 990, Part VI, Section C, Line 19

All of the above documents are available upon request.

Filing and Contact Details

Filer

Filer Name
The Steel Technologies Foundation Inc
EIN
56-2468607
Phone
5022452110
Address
700 N HURSTBOURNE PKWY, LOUISVILLE, KY 40222

Signing Officer

Name
Michelle Harper
Title
Assistant General Counsel
Phone
5022452110
Signed
2016-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Harper
Formed
2004
Legal Domicile
Ky
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
30

Preparer

Firm
Deming Malone Livesay & Ostroff Psc
Address
9300 SHELBYVILLE RD STE 1100, LOUISVILLE, KY 40222-5187
Preparer
Christine N Koenig
Phone
5024269660
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7OPERATING FUND
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8OPERATING FUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SUPPORTING HEROES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1UNITED WAY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt221ST CENTURY PARKS INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3AMERICAN HEART ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4CHILDREN'S HOSPITAL FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5AMERICAN CANCER SOCIETY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6AMERICAN RED CROSS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7CRUSADE FOR CHILDREN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8JUNIOR ACHIEVEMENT
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IRS990ScheduleI/RecipientTable/RecipientEIN1610444680
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt010440 BLUEGRASS PARKWAY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1334 E BROADWAY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2471 W MAIN ST STE 202
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt37272 GREENVILLE AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4111 MICHIGAN AVENUE NW SUITE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt51640 LYNDON FARM CT 104
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6PO BOX 37839
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt7520 W CHESTNUT ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt81401 W MUHAMMAD ALI BLVD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LOUISVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1LOUISVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm2LOUISVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm3DALLAS
IRS990ScheduleI/RecipientTable/USAddress/CityNm4WASHINGTON
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IRS990ScheduleI/RecipientTable/USAddress/CityNm6BOONE
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1KY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2KY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4DC
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7KY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8KY
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION MAKES GRANTS TO SUPPORT CHARITABLE ACTIVITIES IN THE COMMUNITIES WHERE STEEL TECHNOLOGIES' EMPLOYEES AND CUSTOMERS LIVE AND WORK BASED ON RECOMENDATIONS FROM ITS CONTRIBUTORS. THE FOUNDATION DOES NOT ACCEPT DONATION REQUESTS FROM OUTSIDE THE COMPANY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt09
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY, AND MANAGEMENT REVIEWS THE 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAINTAINS A CONFLICT OF INTEREST POLICY THAT IS ANNUALLY REVIEWED BY THE BOARD OF DIRECTORS FOR ANY DISCREPANCY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS NO PAYROLL, AND FURTHERMORE DOES NOT COMPENSATE ANYONE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL OF THE ABOVE DOCUMENTS 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
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
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IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0610712014
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0KY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0UNRELATED
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0MANUFACTURING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0STEEL TECHNOLOGIES LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt015415 SHELBYVILLE ROAD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0LOUISVILLE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0KY
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IRS990/TotalAssetsBOYAmt0875425
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05267
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0217523
IRS990/TotalFunctionalExpensesGrp/TotalAmt0222790
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IRS990/TotalLiabilitiesBOYAmt054
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IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0217523
IRS990/TotalReportableCompFromOrgAmt00

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