Civic Intelligence

Mk 2 Foundation

990PF • Fiscal year 2015 • EIN 76-0537908

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 12, 2016

3389 Inwood DrHouston, TX 77019

(713) 526-7511

Siviq Scores

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

Liabilities / Assets

36th percentile

0.00x

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

2015 filings • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

36th percentile

0.00x

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

2015 filings • $500k-$1M nonprofits • Source year 2015

Net Margin

28th percentile

-7.8%

Higher net margin than 28% of similar nonprofits.

2015 filings • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • $500k-$1M nonprofits • Source year 2015

Asset Growth

46th percentile

-0.5%

Faster asset growth than 46% of similar nonprofits.

2015 filings • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

11th percentile

-39%

Faster revenue growth than 11% of similar nonprofits.

2015 filings • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$910,993

Down $4,176 (-0.5%) from 2014

Net Assets

Down

$910,993

Down $4,176 (-0.5%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Down

$53,238

Down $33,828 (-39%) from 2014

Expenses

Down

$57,414

Down $16,882 (-23%) from 2014

Net Income

Down

-$4,176

Down $16,946 (-133%) 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 2011: $939,378Liabilities 2011: $02011Assets 2013: $902,399Liabilities 2013: $02013Assets 2014: $915,169Liabilities 2014: $0Net Assets 2014: $915,1692014Assets 2015: $910,993Liabilities 2015: $0Net Assets 2015: $910,9932015Assets 2016: $887,516Liabilities 2016: $0Net Assets 2016: $887,5162016Assets 2017: $955,614Liabilities 2017: $0Net Assets 2017: $955,6142017Assets 2018: $977,826Liabilities 2018: $0Net Assets 2018: $977,8262018Assets 2019: $1,007,323Liabilities 2019: $0Net Assets 2019: $1,007,3232019Assets 2020: $1,054,213Liabilities 2020: $0Net Assets 2020: $1,054,2132020Assets 2021: $1,094,768Liabilities 2021: $0Net Assets 2021: $1,094,7682021Assets 2022: $1,047,951Liabilities 2022: $0Net Assets 2022: $1,047,9512022Assets 2023: $1,073,504Liabilities 2023: $12023Assets 2025: $1,059,664Liabilities 2025: $0Net Assets 2025: $1,059,6642025

Highlighted filing

2015

Assets$910,993
Liabilities$0
Net Assets$910,993

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $22,519Expenses 2011: $70,198Net Income 2011: -$47,6792011Revenue 2013: $62,146Expenses 2013: $60,620Net Income 2013: $1,5262013Revenue 2014: $87,066Expenses 2014: $74,296Net Income 2014: $12,7702014Revenue 2015: $53,238Expenses 2015: $57,414Net Income 2015: -$4,1762015Revenue 2016: $44,522Expenses 2016: $67,999Net Income 2016: -$23,4772016Revenue 2017: $75,743Expenses 2017: $7,645Net Income 2017: $68,0982017Revenue 2018: $100,061Expenses 2018: $77,849Net Income 2018: $22,2122018Revenue 2019: $87,861Expenses 2019: $58,364Net Income 2019: $29,4972019Revenue 2020: $117,008Expenses 2020: $70,118Net Income 2020: $46,8902020Revenue 2021: $120,170Expenses 2021: $79,615Net Income 2021: $40,5552021Revenue 2022: $26,960Expenses 2022: $73,777Net Income 2022: -$46,8172022Revenue 2023: $97,953Expenses 2023: $72,400Net Income 2023: $25,5532023Revenue 2025: $132,516Expenses 2025: $107,071Net Income 2025: $25,4452025

Highlighted filing

2015

Revenue$53,238
Expenses$57,414
Net Income-$4,176
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 12, 2016
Return Version
2015v2.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MAX P WATSON JRManager-$0--
KAY GREENE WATSONManager-$0--
MATTHEW C BLACKMONManager-$0--
Grants and Assistance

Foundation Grants and Related Investments

TypeRecipientPurposeStatusLocationAmount
Paid GrantSCENIC HOUSTONPROMOTES SIGN CONTROL, FREEWAY LANDSCAPING & SCENIC BYWAY DEVELOPMENT TO IMPROVE THE QUALITY OF LIFE IN HOUSTON-HOUSTON, TX, US$25,000
Paid GrantCOLUMBUS STATE UNIVERSITYEDUCATION-COLUMBUS, GA, US$20,000
Paid GrantFIRST PRESBYTERIAN CHURCHRELIGIOUS-HOUSTON, TX, US$5,000
Filing and Contact Details

Filer

Filer Name
Mk2 Foundation
EIN
76-0537908
Phone
7135267511
Address
3389 INWOOD DR, HOUSTON, TX 77019

Signing Officer

Name
Max Watson
Title
Manager
Phone
7135267511
Signed
2016-04-12
Discuss with paid preparer
Yes

Preparer

Firm
Tax Resource Group
Address
6710 STEWART RD STE 202, GALVESTON, TX 77551
Preparer
Kenneth a Marx
Phone
7139828050
Raw XML Appendix336 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0MAX P WATSON JR
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm2MATTHEW C BLACKMON
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IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd00
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0TX
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd00
IRS990PF/StatementsRegardingActyGrp/PhoneNum07135267511
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd00
IRS990PF/StatementsRegardingActyGrp/Section4955ManagersTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section4955OrganizationTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd01
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd00
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt0LETTER NO MORE THAN 2 PAGES AND NO ENCLOSURES
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0MAX WATSON
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPhoneNum07135267511
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine1Txt03389 INWOOD
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/CityNm0HOUSTON
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/StateAbbreviationCd0TX
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/ZIPCd077019
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0NONE
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0NONE
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm0MAX P WATSON JR
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt020000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt15000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt225000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0EDUCATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1RELIGIOUS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt2PROMOTES SIGN CONTROL, FREEWAY LANDSCAPING & SCENIC BYWAY DEVELOPMENT TO IMPROVE THE QUALITY OF LIFE IN HOUSTON
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0COLUMBUS STATE UNIVERSITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt1FIRST PRESBYTERIAN CHURCH
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt2SCENIC HOUSTON
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt1NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt2NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt04225 UNIVERSITY AVE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt15300 MAIN ST
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt23015 RICHMOND
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0COLUMBUS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm1HOUSTON
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm2HOUSTON
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0GA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd1TX
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd2TX
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd031907
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd177004
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd277098
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriApprvFutAmt00
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt050000
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd00
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt050000
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
IRS990PF/UndistributedIncomeGrp/CorpusDistri170b1EOr4942g3Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt053747
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt03747
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt012455
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt02998
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt021480
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt013995
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt021843
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt03747
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt018096
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt050928
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt012455
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt02998
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt021480
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt013995
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt050000
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt069024
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt072771
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0INVESTMENT ACCOUNT FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1EXCISE TAX
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt04419
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt04419
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt11745
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MAX WATSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum07135267511
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-04-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MK2 FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MK2F
ReturnHeader/Filer/EIN0760537908
ReturnHeader/Filer/PhoneNum07135267511
ReturnHeader/Filer/USAddress/AddressLine1Txt03389 INWOOD DR
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077019
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760483688
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TAX RESOURCE GROUP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06710 STEWART RD STE 202
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GALVESTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077551
ReturnHeader/PreparerPersonGrp/PhoneNum07139828050
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH A MARX
ReturnHeader/ReturnTs02016-04-12T08:21:11-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.13$0.11$0.03
2023Summary only. Only limited summary data is available for this year.$1.07$0.00$0.10$0.07$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.03$0.07$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.00$1.09$0.12$0.08$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.12$0.07$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.00$1.01$0.09$0.06$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.00$0.98$0.10$0.08$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.00$0.96$0.08$0.01$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$0.04$0.07$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.05$0.06$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.09$0.07$0.01
2013Summary only. Only limited summary data is available for this year.$0.90$0.00$0.06$0.06$0.00
2011Summary only. Only limited summary data is available for this year.$0.94$0.00$0.02$0.07$0.05