Material Handling Educational Foundation INC FY2020 filing

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Provide financial support for Educational programs to engage and retain talent for the Material Handling, logistics and supply chain industry.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $235K a year · 50% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
10 mo
of spending, in cash
Plus $1.1M in investments, Pt X · Ln 11–13
Looks good: 9.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $29K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
23
of 23 voting members
Looks good: 23 of 23 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$206K
Spent
$149K
To programs
86%
Net assets
$1.2M
By yearFY2020–FY2025
Revenue
$206K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$206K
FY2021$261K
FY2022$206K
FY2023$722K
FY2024$727K
FY2025$717K
Expenses
$149K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$149K
FY2021$178K
FY2022$211K
FY2023$257K
FY2024$297K
FY2025$337K
Net assets
$1.2M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.2M
FY2021$1.3M
FY2022$1.2M
FY2023$1.8M
FY2024$2.3M
FY2025$2.8M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1976.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $129K Management & general 14% · $20K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

23 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Last Retiring President
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
Cicmhe Liaison
$0Pt VII · Sec A
Lifetime Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Material Handling Educational Foundation INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Attracts students to the material handling industry by providing financial support for education.

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Provided by the organization

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3 programs · $129K · in their own filed words · FY2020
01

University Scholarship Program

Grants awarded through educational institutions providing material handling education curriculum for students pursuing studies in material handling, industrial distribution, engineering, logistics, and supply chain industries. 36 scholarships were awarded in 2020.

$127Kprogram expense
02

Professional development grants to assist programs or individuals to participate in seminars, meetings, site visits, and other events specifically related to material handling discipline of automatic data collection.

$2Kprogram expense
03

Career and technical education program consists of supporting entry-level educational programs for high school, technical and community college students. Financial support could include certification programs experiential grants to attend industry sponsored events instructional materials and equipment and workshops.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$29K
Grants paid · 7 grants · $1.2M · 2020–2025
Unitemized GrantFY2025$278,000
Unitemized GrantFY2024$231,700
Unitemized GrantFY2023$200,000
Unitemized GrantFY2022$174,600
Unitemized GrantFY2021$131,600
Aim INCPA · FY2021$15,000
Unitemized GrantFY2020$120,100

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$206K
Ln 12
Gifts and grantsLn 1h$176K
Investment incomeLn 3$30K
Money outPt IX
$149K
Ln 25
Programscol B$129K
Managementcol C$20K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$121K
Total assetsLn 16$1.2M
LiabilitiesLn 26$0
PeoplePt VI, VII
23
listed · VII A
PaidVII A0
Voting boardVI 1a23
IndependentVI 1b23
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$176K
Investment incomeLn 3$30K
Gains on assetsLn 7−$3K
Total revenueLn 12$206K
Assets in detailPt X, end of year
CashLn 1$68K
SavingsLn 2$53K
Cash and savings togetherLn 1–2$121K
InvestmentsLn 11–13$1.1M
Total assetsLn 16$1.2M
LiabilitiesLn 26$0
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 622
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$53K$121K
InvestmentsLn 11–13$1.0M$1.1M
Total assetsLn 16$1.1M$1.2M
LiabilitiesLn 26$2K$0
Net assetsLn 32$1.1M$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$122K$122K
Accounting feesLn 11c$9K$9K
Investment management feesLn 11f$5K$5K
Office expensesLn 13$2K$2K$220
Information technologyLn 14$5K$5K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$5K$5K
Total functional expensesLn 25$149K$129K$20K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $717K$337K$380K$2.8M 990 PDF
FY2024 $727K$297K$429K$2.3M 990 PDF
FY2023 $722K$257K$465K$1.8M 990 PDF
FY2022 $206K$211K−$5K$1.2M 990 PDF
FY2021 $261K$178K$83K$1.3M 990 PDF
FY2020 Viewing $206K$149K$57K$1.2M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $206,397 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $116,014$176,244
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $108,140$30,153
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $224,154$206,397
I-13 Grants and similar amounts paidPrior year $107,785$121,600
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $49,560$27,887
I-18 Total expensesPrior year $157,345$149,487
I-19 Revenue less expensesPrior year $66,809$56,910
Part VI · Governance 23 of 23 board members independent, 2 to look at
VI-1a Voting members of the governing body23
VI-1b Independent voting members23
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $206,397 across 5 lines filed
VIII-1f All other contributions, gifts and grants$176,244
VIII-1h Total contributions, gifts and grants$176,244
VIII-3 Investment incomeExcluded from tax $33,236$33,236
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$3,083−$3,083
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $30,153$206,397
Part IX · Statement of functional expenses $149,487 across 7 lines filed
IX-2 Grants to domestic individualsPrograms $121,600$121,600
IX-11c Accounting feesManagement $9,300$9,300
IX-11f Investment management feesManagement $4,609$4,609
IX-13 Office expensesPrograms $1,941 · Management $220$2,161
IX-14 Information technologyPrograms $5,450$5,450
IX-23 InsuranceManagement $1,005$1,005
IX-24 Other expenses (24a–d)Management $5,362$5,362
IX-25 Total functional expensesPrograms $128,991 · Management $20,496 · Fundraising $0$149,487
Part X · Balance sheet $1,226,485 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $16,034$67,915
X-2 Savings and temporary cash investmentsStart of year $37,118$52,741
X-3 Pledges and grants receivableStart of year $6,550$4,451
X-11 Publicly traded securitiesStart of year $1,002,411$1,101,378
X-16 Total assetsStart of year $1,062,113$1,226,485
X-26 Total liabilitiesStart of year $1,587$0
X-27 Net assets without donor restrictionsStart of year $107,060$140,612
X-28 Net assets with donor restrictionsStart of year $953,466$1,085,873
X-32 Total net assets or fund balancesStart of year $1,060,526$1,226,485
X-33 Total liabilities and net assetsStart of year $1,062,113$1,226,485
Part XI · Reconciliation of net assets $1,226,485 net assets at year end
XI-1 Total revenue$206,397
XI-2 Total expenses$149,487
XI-3 Revenue less expenses$56,910
XI-4 Net assets at start of year$1,060,526
XI-5 Net unrealized gains (losses) on investments$109,049
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,226,485

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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