Edith Murphy Foundation EIN 63-1256857 Form 990 (PDF) Claim this org

Edith Murphy Foundation FY2021 filing

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Funds public education, specifically supporting the IB program at Murphy High School. For fiscal year 2021 it reported $14K in revenue, $26K in expenses, and $367K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Mobile, AL
Filings
6 on file (2020–2021)
Revenue
$14KFY2021
Expenses
$26K
Net assets
$367K
People
14
Filings
6
Updates
0
More identity details & actions ⌄
EIN  63-1256857 Public foundation / grantmaker Mobile, AL
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
<$100K
What they do
Funds public education, specifically supporting the IB program at Murphy High School.
Leadership
Alvin E Montgomery JR · President · $3K
Money in and out
$14K revenue, $26K expenses
Bottom line
96% program efficiency
Grants paid & assets · FY2021
Total revenue
$14K
Pt VIII · Ln 12
Total expenses
$26K
Pt IX · Ln 25
Net assets
$367K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$12K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04
Program efficiency
96%
of spending reaches programs
Operating runway
168.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
-90%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$14K
FY2021▼ -14%
Expenses
$26K
FY2021▼ -44%
Total assets
$367K
FY2021▼ -3%
Total liabilities
$0
FY2021
Total revenue
$14K
Pt VIII · Ln 12
Total expenses
$26K
Pt IX · Ln 25
Net assets
$367K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$12K
Total assetsPt X · Ln 16$367K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 416

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEdith Murphy Foundation
EINHdr · item D63-1256857
Principal addressHdr · item CMobile, AL
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFFeb 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a16
Independent voting membersPt VI · Ln 1b16
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$3,255Pt VII · Sec A
Member Emeritus
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Member Emeritus
$0Pt VII · Sec A
Member Emeritus
$0Pt VII · Sec A

Alvin E Montgomery JR’s $4K as President is at the 19th percentile of top reported officer pay among 129 <$100K philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Alvin E Montgomery JR$4,095$3,255$1,750

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $25K of program spending, described in the organization's own filed words · FY2020.
01

Murphy High School

International baccalaureate program

$25Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$11K · 83%
Investment income$2K · 17%
Contributions & grants83%$11K
Investment income17%$2K
Total revenueLn 12$14K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$25K
Management & general4%$1K
Total functional expensesLn 25$26K

Balance Sheet

Part X · end of year
CashLn 1$350K
Total assetsLn 16$367K
Total liabilitiesLn 26$0
Total net assetsLn 32$367K
Months of cash on handcomputed160.1

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $367K · Operating expenses/yr $26K
168.2 months
Where the money goes
Program services
Program services $25K · Total expenses $26K
96%
Management & General
Management & general $1K · Total expenses $26K
4%
Fundraising
Fundraising $0 · Total expenses $26K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $12K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $11K · Total revenue $14K
83%
Government reliance
Government grants — · Total revenue $14K
Earned-income share
Program service revenue $0 · Total revenue $14K
0%
Investment reliance
Investment income $2K · Total revenue $14K
+17%
Program self-sufficiency
Program service revenue $0 · Total expenses $26K
0%
Growth & trend
Revenue growth (YoY)
This year $14K · Prior year $16K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $367K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $14K · Expenses $26K
-90%
Liabilities-to-Assets
Total liabilities — · Total assets $367K
Net-asset ratio
Net assets $367K · Total assets $367K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $18K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $367K
5%
People & payroll
Highest Reported Total Compensation
Individual Alvin E Montgomery JR · Reported title PRESIDENT · Highest reported compensation $3K · Total expenses $26K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $3K · Total expenses $26K
12%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 4%
Fundraising cost ratio 0%
Revenue growth -14%

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.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$3K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$15K revenue · ⤓ 990 PDF
FY2024$19K revenue · ⤓ 990 PDF
FY2023$13K revenue · ⤓ 990 PDF
FY2022$6K revenue · ⤓ 990 PDF
FY2021$14K revenue · viewing · ⤓ 990 PDF
FY2020$16K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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