Margin Of Excellence
- Assets
- $271.7k
- Revenue
- $257.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Nicholasville, KY
- Founding
- 05/2009
- Data as of
- 12/2021
- EIN
- 30-0521487
Organization Overview
Margin Of Excellence is located in Nicholasville, KY. The organization was established in 2009. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Margin Of Excellence is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Margin Of Excellence generated $257.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $89.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATIONAL AND CHARITABLE ACTIVITIES IN THE UNITED STATES AND AROUND THE WORLD
Describe the Organization's Program Activity:
Part 3 - Line 4a
HAITI RELIEF FUND - TO PROVIDE DIRECT ASSISTANCE TO THE HAITIAN PEOPLE WITH THE GOAL OF REBUILDING LIVES. THE FOUNDATION SUPPORTS TWO HAITIAN PRIMARY SCHOOLS AND PROVIDES FULL FINANCIAL SUPPORT FOR THE SCHOOLS' OPERATIONS, INCLUDING TEACHER SALARIES, MAINTENANCE, SUPPLIES AND MEALS FOR THE CHILDREN. TOGETHER WITH COMMUNITY VOLUNTEERS, THE FOUNDATION COMPLETED EXTENSIVE RENOVATION WORK IN ORDER TO PROVIDE THE CHILDREN WITH A SAFE AND SANITARY PLACE TO LEARN. THESE RENOVATIONS HAVE INCLUDED THE REBUILDING OF RESTROOMS AND COOKING FACILITIES, A NEW CLASSROOM, THE INSTALLATION OF A WATER SYSTEM AND DRAINAGE FOR RAIN WATER, NEW ROOFING AND A GENERATOR FOR ELECTRICITY.
THE VOCAL SCHOLARSHIP PROGRAM IS A COMPETITION HELD IN PARTNERSHIP WITH THE UNIVERSITY OF KENTUCKY. IT IS OPEN TO ALL NEW VOICE STUDENTS WHO PLAN TO ATTEND THE UNIVERSITY OF KENTUCKY. THE COMPETITION AWARDS TUITION AND OTHER GRANTS TO GRADUATE AND UNDERGRADUATE STUDENTS. THE WINNERS ARE DETERMINED BY A PANEL OF OUTSIDE PROFESSIONALS IN THE MUSIC FIELD AND ARE NOT DETERMINED BY THE FOUNDATION.
THE FOUNDATION RAISED FUNDS AND PROVIDED SUPPORT TO COMMUNITY ART PROJECTS, CHRISTMAS DONATIONS FOR COPS N KIDS, AND COMMUNITY HOLIDAY CELEBRATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Pearse Lyons President | Trustee | 0.5 | $0 |
Deirdre Mary Lyons Vp/secretary/treasurer | Trustee | 0.5 | $0 |
Larry Hehman Director | Trustee | 0.5 | $0 |
John Nicholson Director | Trustee | 0.5 | $0 |
Dan Noll Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $257,236 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $257,236 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $257,236 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $58,624 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $89,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $271,687 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $271,687 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $271,687 |
| Total liabilities and net assets/fund balances | $271,687 |
Grants Awarded
Over the last fiscal year, Margin Of Excellence has awarded $58,624 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF KENTUCKY PURPOSE: VOCAL STUDENT SCHOLARSHIPS | $34,900 |
CITY OF SPRINGFIELD MID KENTUCKY ARTS PURPOSE: PROGRAM SUPPORT | $10,000 |
FRATERNAL ORDER OF POLICE #73 PURPOSE: COPS N KIDS CHRISTMAS | $8,224 |
Lexington, KY PURPOSE: SOUTHERN LIGHTS SPONSOR | $5,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Margin Of Excellence has recieved totaling $4,000.
| Awarding Organization | Amount |
|---|---|
Enterprise Holdings Foundation Saint Louis, MO PURPOSE: PROGRAM SUPPORT | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edchoice Inc Indianapolis, IN | $20,542,454 | $10,117,129 |
Teachers Treasures Inc Indianapolis, IN | $1,070,406 | $9,359,257 |
Rev1 Ventures Columbus, OH | $21,187,153 | $10,381,705 |
Memphis Education Fund Inc Memphis, TN | $2,536,598 | $5,955,711 |
Academy For Urban School Leadership Chicago, IL | $9,385,123 | $10,302,671 |
Primo Center For Women And Children Chicago, IL | $5,281,489 | $8,337,109 |
North Chicago Education Fund Chicago, IL | $29,249,144 | $33,611 |
Preschool Promise Inc Dayton, OH | $4,299,915 | $8,117,368 |
Pencil Foundation Nashville, TN | $3,991,693 | $7,143,023 |
American School Counselor Association Alexandria, VA | $7,066,172 | $7,522,290 |
Grace Christian Academy Of Leipers Fork Franklin, TN | $10,280,279 | $8,867,909 |
Rockford Rescue Mission Ministries Rockford, IL | $21,367,986 | $9,020,470 |