Civic Intelligence

Manship Foundation Inc.

990 • Fiscal year 2021 • EIN 85-1624206

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 04, 2022

2001 E 52nd StIndianapolis, IN 46205

(317) 828-4972

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

62nd percentile

0.01x

Higher debt load relative to revenue than 62% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

98th percentile

99%

Higher net margin than 98% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$452,316

No earlier filing loaded for comparison.

Net Assets

$449,316

No earlier filing loaded for comparison.

Liabilities

$3,000

No earlier filing loaded for comparison.

Revenue

$455,000

No earlier filing loaded for comparison.

Expenses

$5,684

No earlier filing loaded for comparison.

Net Income

$449,316

No earlier filing loaded for comparison.

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 2021: $452,316Liabilities 2021: $3,000Net Assets 2021: $449,3162021Assets 2022: $449,145Liabilities 2022: $3,000Net Assets 2022: $446,1452022Assets 2023: $454,006Liabilities 2023: $32,426Net Assets 2023: $421,5802023Assets 2024: $1,015,938Liabilities 2024: $530,070Net Assets 2024: $485,8682024

Highlighted filing

2021

Assets$452,316
Liabilities$3,000
Net Assets$449,316

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2021: $455,000Expenses 2021: $5,684Net Income 2021: $449,3162021Revenue 2022: $18,587Expenses 2022: $21,758Net Income 2022: -$3,1712022Revenue 2023: $43,154Expenses 2023: $67,719Net Income 2023: -$24,5652023Revenue 2024: $185,793Expenses 2024: $121,505Net Income 2024: $64,2882024

Highlighted filing

2021

Revenue$455,000
Expenses$5,684
Net Income$449,316
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 4, 2022
Return Version
2021v4.0
Gross Receipts
$455,000
Mission and Program Overview

Mission

To combat the ongoing affordable housing crisis throughout the united states by providing afforable housing, as well as financial education related to real estate.

To combat the ongoing affordable housing crisis throughout the united states by providing affordable housing, as well as financial education related to real estate.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$450,316-
Total Assets$0$452,316▲ $452,316
Other Assets Total-$2,000-
Liabilities
Other Liabilities-$3,000-
Total Liabilities$0$3,000▲ $3,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$449,316-
Total Net Assets Fund Balance$0$449,316▲ $449,316
Total Liabilities and Net Assets / Fund Balance$0$452,316▲ $452,316
Compensation and Service Providers

Board Members and Trustees

NameTitle
Clayton ManshipPresident
Evan ManshipVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$455,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$455,000
Change in Net Assets
$449,316
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,684
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$5,684-$5,684
Total Functional Expenses$0$5,684$0$5,684
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
Note Payable$3,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
The Manship Foundation Inc
EIN
85-1624206
Address
2001 E 52ND ST, INDIANAPOLIS, IN 46205

Signing Officer

Name
Clayton Manship
Title
President
Signed
2022-03-04

Organization Details

Principal Officer
Clayton Manship
Formed
2020
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
BROWN SMITH & SETTLE LLC CPA'S
Address
777 OAK HILL ROAD, EVANSVILLE, IN 47711
Preparer
Lawrence D Bitter CPA
Phone
8124243388
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

CONSULTANTS 0 5,684 0

Raw XML Appendix228 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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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CLAYTON MANSHIP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-04
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ReturnHeader/Filer/EIN0851624206
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ReturnHeader/PreparerPersonGrp/PhoneNum08124243388
ReturnHeader/PreparerPersonGrp/PreparationDt02022-03-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAWRENCE D BITTER CPA
ReturnHeader/ReturnTs02022-03-23T14:50:44-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CLAYTON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MANSHIP
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings