Civic Intelligence

The Mighty Eighth Foundation Inc

990 • Fiscal year 2022 • EIN 75-3076651

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 08, 2023

P O Box 1985Savananh, GA 31402

(912) 748-8888

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$2,289,979

Flat from 2022

Net Assets

Flat

$2,272,931

Flat from 2022

Liabilities

Flat

$17,048

Flat from 2022

Revenue And Expenses

Revenue

Flat

$70,727

Flat from 2022

Expenses

Flat

$139,744

Flat from 2022

Net Income

Flat

-$69,017

Flat from 2022

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,013,091Liabilities 2010: $59,137Net Assets 2010: $1,953,9542010Assets 2011: $2,006,088Liabilities 2011: $53,852Net Assets 2011: $1,952,2362011Assets 2012: $2,200,854Liabilities 2012: $51,018Net Assets 2012: $2,149,8362012Assets 2013: $2,522,938Liabilities 2013: $48,281Net Assets 2013: $2,474,6572013Assets 2014: $2,491,601Liabilities 2014: $45,677Net Assets 2014: $2,445,9242014Assets 2015: $2,316,874Liabilities 2015: $43,239Net Assets 2015: $2,273,6352015Assets 2016: $2,332,920Liabilities 2016: $40,679Net Assets 2016: $2,292,2412016Assets 2017: $2,473,654Liabilities 2017: $38,351Net Assets 2017: $2,435,3032017Assets 2018: $2,132,188Liabilities 2018: $36,128Net Assets 2018: $2,096,0602018Assets 2019: $2,382,806Liabilities 2019: $31,387Net Assets 2019: $2,351,4192019Assets 2020: $2,384,936Liabilities 2020: $29,550Net Assets 2020: $2,355,3862020Assets 2021: $2,779,636Liabilities 2021: $17,290Net Assets 2021: $2,762,3462021Assets 2022: $2,289,979Liabilities 2022: $17,048Net Assets 2022: $2,272,9312022Assets 2022: $2,289,979Liabilities 2022: $17,048Net Assets 2022: $2,272,9312022Assets 2023: $2,472,282Liabilities 2023: $30,131Net Assets 2023: $2,442,1512023Assets 2024: $2,571,001Liabilities 2024: $28,670Net Assets 2024: $2,542,3312024

Highlighted filing

2022

Assets$2,289,979
Liabilities$17,048
Net Assets$2,272,931

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $17,7592010Expenses 2011: $17,5482011Expenses 2012: $30,1562012Revenue 2013: $121,147Expenses 2013: $32,669Net Income 2013: $88,4782013Revenue 2014: $197,353Expenses 2014: $109,570Net Income 2014: $87,7832014Revenue 2015: $129,739Expenses 2015: $19,491Net Income 2015: $110,2482015Revenue 2016: -$151,772Expenses 2016: $125,354Net Income 2016: -$277,1262016Revenue 2017: $196,791Expenses 2017: $214,095Net Income 2017: -$17,3042017Revenue 2018: $177,625Expenses 2018: $210,025Net Income 2018: -$32,4002018Revenue 2019: $133,379Expenses 2019: $172,748Net Income 2019: -$39,3692019Revenue 2020: $88,449Expenses 2020: $179,358Net Income 2020: -$90,9092020Revenue 2021: $632,459Expenses 2021: $156,058Net Income 2021: $476,4012021Revenue 2022: $70,727Expenses 2022: $139,744Net Income 2022: -$69,0172022Revenue 2022: $70,727Expenses 2022: $139,744Net Income 2022: -$69,0172022Revenue 2023: $48,412Expenses 2023: $132,825Net Income 2023: -$84,4132023Revenue 2024: $284,862Expenses 2024: $168,015Net Income 2024: $116,8472024

Highlighted filing

2022

Revenue$70,727
Expenses$139,744
Net Income-$69,017
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 8, 2023
Return Version
2022v5.0
Gross Receipts
$835,877
Mission and Program Overview

Mission

Supporting organization for the national museum of the mighty eighth air force inc

Supporting organization for the national museum of the mighty eighth air force.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,542,976$2,118,291▼ $424,685
Pledges and Grants Receivable$168,000$116,000▼ $52,000
Cash and Non-Interest-Bearing Accounts$68,660$55,688▼ $12,972
Total Assets$2,779,636$2,289,979▼ $489,657
Liabilities
Other Liabilities$17,290$17,048▼ $242
Total Liabilities$17,290$17,048▼ $242
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,296,297$2,272,931▼ $23,366
Net Assets Without Donor Restrictions$466,049--
Total Net Assets Fund Balance$2,762,346$2,272,931▼ $489,415
Total Liabilities and Net Assets / Fund Balance$2,779,636$2,289,979▼ $489,657

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$2,762,346$27,150▼ $376,821-$2,272,931
2021$2,355,385$341,410▲ $221,609-$2,762,346
2020$2,351,419$26,150▲ $157,175$7,996$2,355,385
2019$2,096,060$30,929▲ $368,315$5,091$2,351,419
2018$2,435,303$27,243▼ $156,460$8,529$2,096,060
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ruth McmullinBoard Chair
Doug AndrewsBoard Member
Eg Shuler JrBoard Member
Frederick MullerBoard Member
William CathcartBoard Member
Art SchmauderSecretary
Jerry ThimmeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$27,150
Program Service Revenue
$0
Investment Income
$46,076
Other Revenue
$-2,499
All Other Contributions
$27,150
Change in Net Assets
$-69,017

Audited Revenue Reconciliation

Revenue per Audited Statements
$70,727
Revenue Not Reported on Form 990
$-420,398
Total Revenue per Audited Statements
$-349,671
Total Revenue per Form 990
$70,727
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$108,408
Other Expenses$31,336
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$108,408--$108,408
Fees for Service Investment Mgmnt Fees$20,735--$20,735
Fees for Services Accounting-$5,280-$5,280
Other Expenses-$4,180-$4,180
Insurance-$1,129-$1,129
Office Expenses-$12-$12
Total Functional Expenses$129,143$10,601$0$139,744

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$139,744
Total Expenses per Audited Statements$139,744
Total Expenses per Form 990$139,744
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
National Museum of Mighty EighthSavannah, GA501(c)Museum Operations$108,408
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Liabilities Under Split Interest Agr$17,048
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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, Page 6, Part VI, Line 11B

Form 990 circulated to board for review prior to filing

Form 990, Page 6, Part VI, Line 12C

Annual representation regarding conflicts of interest required

Form 990, Page 6, Part VI, Line 19

PROVIDED UPON REQUEST

Filing and Contact Details

Filer

Filer Name
The Mighty Eighth Foundation
EIN
75-3076651
Phone
9127488888
Address
P O BOX 1985, SAVANANH, GA 31402

Signing Officer

Name
Ruth Mcmullin
Title
Board Chair
Phone
9127488888
Signed
2023-08-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ruth Mcmullin
Formed
2006
Legal Domicile
Ga
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Caines Hodges & Company Pc
Address
5302 FREDERICK ST STE 203, SAVANNAH, GA 31405-4823
Preparer
Carlton H Hodges
Phone
9122336383
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

ROUNDING 0

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Funds to be used in support of national museum of the mighty eighth air force

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE FOUNDATION PROVIDES AN INTEGRAL SERVICE TO THE SUPPORTED ORGANIZATION THROUGH ITS FUNDRAISING AND SUPPORT. WERE THE FOUNDATION NOT IN EXISTENCE, THE MUSEUM WOULD HAVE TO PROVIDE THOSE ADDITIONAL SERVICES ON ITS OWN.
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0221609
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt054039
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02351419
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt026150
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02355385
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0117324
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0157175
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt07996
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt027362
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02096060
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt030929
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02351419
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0111432
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0368315
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt05091
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt036003
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02435303
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt027243
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02096060
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0165493
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-156460
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt08529
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0139744
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-420398
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017048
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LIABILITIES UNDER SPLIT INTEREST AGR
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.80000
IRS990ScheduleD/RevenueNotReportedAmt0-420398
IRS990ScheduleD/RevenueSubtotalAmt070727
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDS TO BE USED IN SUPPORT OF NATIONAL MUSEUM OF THE MIGHTY EIGHTH AIR FORCE
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.01000
IRS990ScheduleD/TotalExpensesPerForm990Amt0139744
IRS990ScheduleD/TotalLiabilityAmt017048
IRS990ScheduleD/TotalRevenuePerForm990Amt070727
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-349671
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0139744
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt0108408
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0MUSEUM OPERATIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NATIONAL MUSEUM OF MIGHTY EIGHTH
IRS990ScheduleI/RecipientTable/RecipientEIN0581877044
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 1992
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SAVANNAH
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0GA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd031405
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 CIRCULATED TO BOARD FOR REVIEW PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUAL REPRESENTATION REGARDING CONFLICTS OF INTEREST REQUIRED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROVIDED UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ROUNDING 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NATIONAL MUSEUM OF THE MIGHTY 8TH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0581877044
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MUSEUM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0P O BOX 1992
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SAVANNAH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd031402
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0PER AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0NAT'L MUSEUM OF THE MIGHT 8TH AF
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02779636
IRS990/TotalAssetsEOYAmt02289979
IRS990/TotalAssetsGrp/BOYAmt02779636
IRS990/TotalAssetsGrp/EOYAmt02289979
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt027150
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010601
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0129143
IRS990/TotalFunctionalExpensesGrp/TotalAmt0139744
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt017290
IRS990/TotalLiabilitiesEOYAmt017048
IRS990/TotalLiabilitiesGrp/BOYAmt017290
IRS990/TotalLiabilitiesGrp/EOYAmt017048
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02762346
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02272931
IRS990/TotalProgramServiceExpensesAmt0129143
IRS990/TotalRevenueGrp/ExclusionAmt0-2499
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt046076
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt070727
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02779636
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02289979
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1992
IRS990/USAddress/CityNm0SAVANNAH
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd031402
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.57$0.03$2.54$0.28$0.17$0.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.47$0.03$2.44$0.05$0.13$0.08
2022Detailed filing. Detailed filing data is available for this year.$2.29$0.02$2.27$0.07$0.14$0.07
2022Detailed filing. Detailed filing data is available for this year.$2.29$0.02$2.27$0.07$0.14$0.07
2021Detailed filing. Detailed filing data is available for this year.$2.78$0.02$2.76$0.63$0.16$0.48
2020Detailed filing. Detailed filing data is available for this year.$2.38$0.03$2.36$0.09$0.18$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.38$0.03$2.35$0.13$0.17$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.13$0.04$2.10$0.18$0.21$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.47$0.04$2.44$0.20$0.21$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.33$0.04$2.29$0.15$0.13$0.28
2015Detailed filing. Detailed filing data is available for this year.$2.32$0.04$2.27$0.13$0.02$0.11
2014Detailed filing. Detailed filing data is available for this year.$2.49$0.05$2.45$0.20$0.11$0.09
2013Detailed filing. Detailed filing data is available for this year.$2.52$0.05$2.47$0.12$0.03$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.20$0.05$2.15$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.01$0.05$1.95$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.01$0.06$1.95$0.02
Peer Organizations

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