Civic Intelligence

The Marcus Foundation Inc

990PF • Fiscal year 2020 • EIN 58-1815651

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

1266 W Paces Ferry Rd No 615Atlanta, GA 30327

(404) 240-7700

Siviq Scores

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

Liabilities / Assets

100th percentile

3.28x

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

2020 filings • $100M-$250M nonprofits • Source year 2020

Liabilities / Revenue

73rd percentile

1.29x

Higher debt load relative to revenue than 73% of similar nonprofits.

2020 filings • $100M-$250M nonprofits • Source year 2020

Net Margin

73rd percentile

16%

Higher net margin than 73% of similar nonprofits.

2020 filings • $100M-$250M nonprofits • Source year 2020

Top Officer Pay

64th percentile

$470,356

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

2020 filings • $100M-$250M nonprofits • Source year 2020

Asset Growth

57th percentile

7.8%

Faster asset growth than 57% of similar nonprofits.

2020 filings • $100M-$250M nonprofits • Annualized from 2019 to 2020

Revenue Growth

86th percentile

32%

Faster revenue growth than 86% of similar nonprofits.

2020 filings • $100M-$250M nonprofits • Annualized from 2019 to 2020

Assets

Up

$97,501,290

Up $7,070,368 (+7.8%) from 2019

Net Assets

-$222,170,057

No earlier filing loaded for comparison.

Liabilities

Down

$319,671,347

Down $24,315,007 (-7.1%) from 2019

Revenue

Up

$247,225,335

Up $60,528,754 (+32%) from 2019

Expenses

Up

$207,611,060

Up $25,586,261 (+14%) from 2019

Net Income

Up

$39,614,275

Up $34,942,493 (+748%) from 2019

Historical Trend

Balance Sheet Trend

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

$600M$400M$200M$0-$200M-$400MAssets 2011: $95,455,096Liabilities 2011: $117,149,6642011Assets 2012: $105,307,446Liabilities 2012: $161,753,9922012Assets 2013: $122,486,992Liabilities 2013: $194,590,9842013Assets 2014: $121,792,561Liabilities 2014: $239,211,8772014Assets 2015: $134,516,639Liabilities 2015: $233,890,0222015Assets 2019: $90,430,922Liabilities 2019: $343,986,3542019Assets 2020: $97,501,290Liabilities 2020: $319,671,347Net Assets 2020: -$222,170,0572020Assets 2021: $111,117,275Liabilities 2021: $354,790,867Net Assets 2021: -$243,673,5922021Assets 2022: $100,467,714Liabilities 2022: $431,453,273Net Assets 2022: -$330,985,5592022Assets 2023: $103,973,296Liabilities 2023: $427,789,831Net Assets 2023: -$323,816,5352023Assets 2024: $366,827,569Liabilities 2024: $425,132,807Net Assets 2024: -$58,305,2382024

Highlighted filing

2020

Assets$97,501,290
Liabilities$319,671,347
Net Assets-$222,170,057

Operations Trend

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

$600M$400M$200M$0-$200MRevenue 2011: $3,518,301Expenses 2011: $42,586,037Net Income 2011: -$39,067,7362011Revenue 2012: $3,606,264Expenses 2012: $46,246,211Net Income 2012: -$42,639,9472012Revenue 2013: $35,364,781Expenses 2013: $69,033,036Net Income 2013: -$33,668,2552013Revenue 2014: $32,108,996Expenses 2014: $75,643,473Net Income 2014: -$43,534,4772014Revenue 2015: $119,772,805Expenses 2015: $95,616,962Net Income 2015: $24,155,8432015Revenue 2019: $186,696,581Expenses 2019: $182,024,799Net Income 2019: $4,671,7822019Revenue 2020: $247,225,335Expenses 2020: $207,611,060Net Income 2020: $39,614,2752020Revenue 2021: $160,364,769Expenses 2021: $182,169,885Net Income 2021: -$21,805,1162021Revenue 2022: $102,886,682Expenses 2022: $185,342,833Net Income 2022: -$82,456,1512022Revenue 2023: $222,024,981Expenses 2023: $223,457,384Net Income 2023: -$1,432,4032023Revenue 2024: $547,934,030Expenses 2024: $261,620,885Net Income 2024: $286,313,1452024

Highlighted filing

2020

Revenue$247,225,335
Expenses$207,611,060
Net Income$39,614,275
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAY KAIMANPresidentFT$408,961$61,395$470,356
RENAY BLUMENTHALVice PresidentFT$360,835$38,012$398,847
DOUGLAS P DINAPOLIFinance DirectorPT$102,178$15,555$117,733
FREDERICK MARCUSDirectorPT$50,911$37,922$88,833
MICHAEL MORRISDirectorPT$50,000$7,884$57,884
BERNARD MARCUSChairmanPT$2,813$17,409$20,222
KEN LANGONEDirector-$0--
DOUG HERTZDirector-$0--
FREDERICK SLAGLESec/TreasurerPT$0--
JAMES GRIENDirector-$0--
LARRY SMITHDirector-$0--
MICHAEL LEVENDirector-$0--
FRANK BLAKEDirector-$0--
TINA PRICEDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Marcus Foundation Inc
EIN
58-1815651
Phone
4042407700
Address
1266 W PACES FERRY RD NO 615, ATLANTA, GA 30327

Signing Officer

Name
Douglas P Dinapoli
Title
CFO
Phone
4042407700
Signed
2021-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Mstiller LLC
Address
1960 SATELLITE BLVD SUITE 3600, DULUTH, GA 30097
Preparer
Gregory W Hayes
Phone
7709958800
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DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc11BOARDROOM FURNITURE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc12LHI
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc13OFFICE FURNITURE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc14OFFICE EQUIPMENT
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc15OFFICE EQUIPMENT
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc16CORP ENVIRONMENTS FURNITURE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc17BC GROUP FURNITURE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc18CHINA/FLATWARE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc19LHI
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc20LHI
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc21LHI
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc22LHI
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc23FURNITURE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc24FURNITURE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc25FURNITURE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc26FURNITURE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc27OFFICE EQUIPMENT
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc28FURNITURE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc29OFFICE FURNISHINGS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc30FURNITURE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc31FURNITURE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc32FURNITURE
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc33FURNISHINGS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc34FURNITURE - WORKSTATION
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc35LHI
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc36OFFICE FURNISHINGS
DistributionFromCorpusElection/ElectionDesc0THE FOUNDATION ELECTS TO TREAT THE DISTRIBUTIONS BELOW PURSUANT TO IRC 4942(G)(3) SUCH THAT THEY QUALIFY AS IRC 170(B)(1)(A)(VII) CHARITABLE DISTRIBUTIONS FOR THE DONOR IN 2020 UNDER IRC 170(B)(1)(F)(II).AS REQUIRED UNDER 4942(G)(3) THESE CONTRIBUTED FUNDS -(I) HAVE BEEN DISTRIBUTED AS PART OF THE CURRENT TAX YEAR'S DISTRIBUTIONS,(II) ARE QUALIFYING DISTRIBUTIONS UNDER IRC 4942(G)(1)(A), AND(III) ARE DISTRIBUTIONS THAT UNDER THE ELECTION BELOW ARE BEING MADE OUT OF CORPUS, AND ADEQUATE RECORDS AND EVIDENCE FROM THE FOUNDATION SHOWING THAT THESE QUALIFYING DISTRIBUTIONS HAVE BEEN MADE BY THE FOUNDATION HAVE BEEN DELIVERED TO THE DONOR.THE FOUNDATION ELECTS TO TREAT THE FOLLOWING CURRENT YEAR DISTRIBUTIONS AS CURRENT TAX YEAR CORPUS DISTRIBUTIONS PURSUANT TO IRC 4942(H)(2) AND REG. 53.4942(A)-3(D)(2).2020 QUALIFYING DISTRIBUTIONS: $194,456,651THIS ELECTION IS MADE BY FOUNDATION MANAGER, DOUGLAS DINAPOLI, CFO, AS PART OF THE ELECTRONICALLY FILED ANNUAL RETURN.
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/AnyDiversionByGranteeTxt0NO FUNDS HAVE BEEN DIVERTED.
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/BusinessName/BusinessNameLine1Txt0CHARTER SCHOOL GROWTH FUND
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/DatesOfReportsByGranteeTxt004/30/2021
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/ExpendedByGranteeAmt03666667
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/GrantAmt05000000
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/GrantDt02016-10-12
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/PurposeOfGrantTxt0FUNDS WILL BE USED TO SUPPORT EXPANDING THE IMPACT OF HIGH-PERFORMING CHARTER SCHOOL NETWORKS.
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/ResultsOfVerificationTxt0ALL GRANT FUNDS WERE EXPENDED FOR EDUCATIONAL PURPOSES AND THAT GRANT FUNDS WERE NOT USED TO ATTEMPT TO INFLUENCE LEGISLATION OR THE OUTCOME OF ANY SPECIFICPUBLIC ELECTION; TO CARRY ON, DIRECTLY OR INDIRECTLY, ANY VOTER REGISTRATION DRIVE; TO MAKE GRANTS TO INDIVIDUALS OR TO OTHER NONCHARITABLE ORGANIZATIONS OR UNDERTAKE ANY ACTIVITIES FOR A NON-CHARITABLE PURPOSE.THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/USAddress/AddressLine1Txt010901 W 120TH AVE SUITE 450
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/USAddress/CityNm0BROOMFIELD
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/USAddress/StateAbbreviationCd0CO
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/USAddress/ZIPCd080021
GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc0FORM 990-PF, PART I, DIVIDENDS & INTEREST:
GeneralExplanationAttachment/GeneralExplanationGrp/IdentifierTxt0PASS-THRU UBI INVESTMENT INCOME:
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt0PASS-THRU UBI INVESTMENT INCOME INCLUDED ($156,755)PASS-THRU UBI INTEREST/DIVIDEND INCOME INCLUDED $2
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm0CORPORATE BONDS
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/EOYBookValueAmt01129326
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/EOYFMVAmt01129326
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt029175651
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt029175651
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm0CORPORATE STOCK
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt037555726
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt0OTHER INVESTMENTS
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt037555726
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd0FMV
IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/ExclusionAmt0727694
IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/BusinessCd0523000
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionAmt018400330
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionCd018
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/UnrelatedBusinessTaxblIncmAmt0-100182
IRS990PF/AnalysisIncomeProducingActyGrp/OtherInvestmentIncmPartVIIGrp/ExclusionAmt049230
IRS990PF/AnalysisIncomeProducingActyGrp/OtherInvestmentIncmPartVIIGrp/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/ExclusionAmt019177254
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/RelatedOrExemptFunctionIncmAmt00
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/UnrelatedBusinessTaxblIncmAmt0-100182
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt019077072
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesChrtblPrpsAmt032301
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesNetInvstIncmAmt032300
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesRevAndExpnssAmt064601
IRS990PF/AnalysisOfRevenueAndExpenses/CapGainNetIncmNetInvstIncmAmt0211412534
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstDsbrsChrtblAmt0878128
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstNetInvstIncmAmt097570
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstRevAndExpnssAmt0975698
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt0194456650
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt0194456650
IRS990PF/AnalysisOfRevenueAndExpenses/ContriRcvdRevAndExpnssAmt0228148263
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnRevAndExpnssAmt0768
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsNetInvstIncmAmt0880254
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt0727694
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt039614275
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt0269579834
IRS990PF/AnalysisOfRevenueAndExpenses/InterestDsbrsChrtblAmt05386489
IRS990PF/AnalysisOfRevenueAndExpenses/InterestNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/InterestRevAndExpnssAmt05386489
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesDsbrsChrtblAmt0113801
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesRevAndExpnssAmt0113801
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAstRevAndExpnssAmt018300148
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt0211661817
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyDsbrsChrtblAmt0590818
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyNetInvstIncmAmt065647
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyRevAndExpnssAmt0656465
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsDsbrsChrtblAmt0727015
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsNetInvstIncmAmt080779
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsRevAndExpnssAmt0807794
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesDsbrsChrtblAmt0486680
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesNetInvstIncmAmt023925
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt0510605
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeNetInvstIncmAmt049230
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeRevAndExpnssAmt049230
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesDsbrsChrtblAmt0744807
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesNetInvstIncmAmt0319023
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesRevAndExpnssAmt01063830
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftDsbrsChrtblAmt0440046
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftNetInvstIncmAmt048894
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftRevAndExpnssAmt0488940
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesDsbrsChrtblAmt095664
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesNetInvstIncmAmt012063
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt02992332
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt0204045486
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt0680201
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt0207611060
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt0212342018
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt0247225335
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt09588836
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt0680201
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt013154410
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingDsbrsChrtblAmt093087
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingRevAndExpnssAmt093087
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt058067118
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt1100182
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt0206738031
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt14079935
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt2-100182
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt3694750
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt0206738031

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