Material Handling Educational Foundation INC FY2022 filing
Attracts students to the material handling industry by providing financial support for education. For fiscal year 2022 it reported $206K in revenue, $211K in expenses, and $1.2M in net assets.Pt I
- Founded
- 1976
- Type
- Public charity (501(c)(3)) · Nonprofit
- Location
- Charlotte, NC
- Website
- www.mhi.org/mhefi
- Filings
- 6 on file (2020–2022)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Where the work happens
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. 46 scholarships were awarded in 2022.
The norman l. Cahners industry award is a lifetime achievement award that is awarded only when a sufficient body of documentation has been presented to convince a panel of judges that an award should be made to an individual, corporation, or organization that has contributed to the industry in an extraordinary way and to an extraordinary…
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.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 88% | — | — |
| Overhead ratio | 12% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | -21% | — | — |
| Investment management fee ratio | 0.5% | — | — |
| Accounting fee ratio | 4% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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