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MARTIN FOUNDATION INC: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
MARTIN FOUNDATION INC (EIN 76-0671303)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-11-09
IRS object ID
201523139349100112
Schema version
2014v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-11-09T09:45:21-00:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Naresh Setlur CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line116411 Darby House StreetAddressLine1Txt
CityCypressCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77429ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN760671303EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Martin Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMARTBusinessNameControlTxt
Phone7134666333PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17037 Brittmoore RoadAddressLine1Txt
CityHoustonCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77041ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLendell MartinPersonNm
Person TitlePresidentPersonTitleTxt
Phone7134666333PhoneNum
Signature2015-11-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNaresh SetlurPreparerPersonNm
Phone8326204757PhoneNum
Preparation2015-11-09PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-03-07 17:11:31ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$943,638FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$65,055ContriRcvdRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$65,055TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Deprec And Dpltn Rev And Expnss$18,533DeprecAndDpltnRevAndExpnssAmt
Other Expenses Rev And Expnss$57,873OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$38,971OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$76,406TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$38,971TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$735ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$735ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$77,141TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$39,706TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$12,086ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$69,976CashBOYAmt
Cash EOY$77,588CashEOYAmt
Cash EOYFMV$77,588CashEOYFMVAmt
Inventories BOY$34,364InventoriesBOYAmt
Inventories EOY$34,364InventoriesEOYAmt
Inventories EOYFMV$34,364InventoriesEOYFMVAmt
Other Investments BOY$522,172OtherInvestmentsBOYAmt
Other Investments EOY$522,172OtherInvestmentsEOYAmt
Other Investments EOYFMV$522,172OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$428,989LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$119,475LandBldgEquipAccumDeprecAmt
Land BOY$328,047LandBOYAmt
Land EOY$309,514LandEOYAmt
Land EOYFMV$309,514LandEOYFMVAmt
Total Assets BOY$954,559TotalAssetsBOYAmt
Total Assets EOY$943,638TotalAssetsEOYAmt
Total Assets EOYFMV$943,638TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$954,559UnrestrictedBOYAmt
Unrestricted EOY$943,638UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$954,559TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$943,638TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$954,559TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$943,638TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$954,559TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$12,086ExcessRevenueOverExpensesAmt
Other Increases$1,165OtherIncreasesAmt
Subtotal$943,638SubtotalAmt
Tot Net Ast Or Fund Balances EOY$943,638TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$37,916AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$968,784NetVlNoncharitableAssetsYr1Amt
Distribution Yr1000.039138DistributionYr1Rt
Adjusted Qlfy Distri Yr2$35,665AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$961,586NetVlNoncharitableAssetsYr2Amt
Distribution Yr2000.037090DistributionYr2Rt
Adjusted Qlfy Distri Yr3$39,955AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$957,079NetVlNoncharitableAssetsYr3Amt
Distribution Yr3000.041747DistributionYr3Rt
Adjusted Qlfy Distri Yr4$41,968AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,028,379NetVlNoncharitableAssetsYr4Amt
Distribution Yr4000.040810DistributionYr4Rt
Adjusted Qlfy Distri Yr5$51,630AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,119,557NetVlNoncharitableAssetsYr5Amt
Distribution Yr5000.046116DistributionYr5Rt
Total Distribution000.204901TotalDistributionRt
Average Distribution000.040980AverageDistributionRt
Net Vl Noncharitable Assets$929,483NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$38,090AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$38,090AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$39,706QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateTXOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Phone7134666333PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line17037 BrittmooreAddressLine1Txt
CityHoustonCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77041ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Lendell Martin
7037 BrittmooreHoustonTX77041President001.00$0
Lawanna Martin
7037 BrittmooreHoustonTX77041Sec/Treas001.00$0
Roger Martin
7037 BrittmooreHoustonTX77041Vice President001.00$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1Jubilee Revival (Near Boaddus, TX) Gathering of Baptist Preachers from Texas and surrounding statesDescription1Txt
Expenses1$38,971Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$77,588AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$866,050FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$943,638TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$943,638AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$14,155CashDeemedCharitableAmt
Net Vl Noncharitable Assets$929,483NetVlNoncharitableAssetsAmt
Minimum Investment Return$46,474MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$46,474MinimumInvestmentReturnAmt
Distributable Before Adj$46,474DistributableBeforeAdjAmt
Distributable Before Ded$46,474DistributableBeforeDedAmt
Distributable As Adjusted$46,474DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$39,706ExpensesAndContributionsAmt
Qualifying Distributions$39,706QualifyingDistributionsAmt
Adjusted Qualifying Distri$39,706AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$46,474DistributableAsAdjustedAmt
Undistributed Income PY$48,439UndistributedIncomePYAmt
Excess Distribution Cyov Yr2$10,733ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$37,916ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$48,649TotalExcessDistributionCyovAmt
Qualifying Distributions$39,706QualifyingDistributionsAmt
Remaining Distri From Corpus$39,706RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$46,474ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$46,474ExcessDistributionCyovAppCYAmt
Total Corpus$41,881TotalCorpusAmt
Taxable2$48,439Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$41,881ExcessDistriCyovToNextYrAmt
Excess From Year1$2,175ExcessFromYear1Amt
Excess From Current Year$39,706ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1Long Pines Baptist ChurchBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line18613 FM 83AddressLine1Txt
CityBraddusCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75929ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipN/ARecipientRelationshipTxt
Recipient Foundation StatusNCRecipientFoundationStatusTxt
Grant Or Contribution PurposeGeneral Fund ExpensesGrantOrContributionPurposeTxt
Amt$735Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$735TotalGrantOrContriPdDurYrAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (14 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmt
Kubota2012-03-01$12,550$4,706200DB0000000007.000000000000$3,137
RTV 9002012-12-31$12,095$3,610200DB0000000007.000000000000$3,394
Equipment2006-06-24$20,234$20,234200DB0000000007.000000000000
Metal Building2007-03-01$195,241$32,538SL0000000039.000000000000$4,791
Cabinet 4D, Tabs Furniture2007-01-01$365$339200DB0000000007.000000000000$26
Patio Rockers, Worstell Auction Co2007-05-12$1,279$1,188200DB0000000007.000000000000$91
Museum Characters2007-09-01$2,149$1,996200DB0000000007.000000000000$153
Kuenerts Auction Furniture2008-02-14$1,210$951200DB0000000007.000000000000$173
Kunerts Auction Furniture1622008-02-21$1,183$929200DB0000000007.000000000000$169
Kunerts Auction Furniture2008-03-06$3,410$2,679200DB0000000007.000000000000$487
Metal Building2008-06-30$159,578$20,847SL0000000039.000000000000$3,762
A5568 Kubota ZD326S-60 Mower2008-08-02$10,800$8,486200DB0000000007.000000000000$1,543
Driveway/Parking Paved Concrete2009-02-16$6,996$2,168150DB0000000015.000000000000$536
Golf Cart2013-08-22$1,900$271200DB0000000007.000000000000$271

General Explanation Attachment GeneralExplanationAttachment

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemInvestment in AntiquitiesCategoryOrItemTxt
Book Value$522,172BookValueAmt
EOYFMV$522,172EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (8 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
Cooking Equipment$20,234$20,234
Land$21,269$21,269$21,269
Building 2007$186,843$37,329$149,514$149,514
Building 2008$146,707$24,609$122,098$122,098
Maintenance Equipment$10,800$10,029$771$771
Furniture$9,595$9,181$414$414
Land Improvements$6,996$2,704$4,292$4,292
Equipment$26,545$15,389$11,156$11,156

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Jubliee Revival Expenses$38,971$38,971
Legal Services$1,750
Miscellaneous$3,369
Utilities$7,589
Contract Services$6,194

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescPYADesc
Amt$1,165Amt

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