Alvin Marley Foundation Inc
Alvin Marley Foundation maintains strong assets despite frequent operational deficits and inconsistent revenue.
EIN: 10791880 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
Is Alvin Marley Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alvin Marley Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Alvin Marley Foundation Inc
Alvin Marley Foundation Inc (EIN: 10791880) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $174K and total assets of $794K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alvin Marley Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alvin Marley Foundation Inc is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $62K |
| Total Expenses | $56K |
| Surplus / Deficit | +$6K |
| Total Assets | $800K |
| Total Liabilities | $1 |
| Net Assets | $800K |
| Operating Margin | 9.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 170.4 months |
Financial Health Grade: A
In 2023, Alvin Marley Foundation Inc reported a surplus of $6K with revenue exceeding expenses, holds 170.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Alvin Marley Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +44.7% | -27.7% | +0.8% |
| 2022 | -68.9% | -64.8% | -4.2% |
| 2021 | +167.9% | +230.5% | -9.1% |
| 2020 | +10.6% | +17.8% | -1.7% |
| 2019 | -5.3% | -11.1% | +6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alvin Marley Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Alvin Marley Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all filings, indicating that no officers receive salaries from the organization, which is highly favorable for a nonprofit of its size with assets nearing $800,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Alvin Marley Foundation Inc's IRS 990 filings:
- Frequent operational deficits (expenses exceeded revenue in 7 out of 10 periods)
- Inconsistent revenue generation year-over-year
- Reliance on existing assets to cover operational shortfalls
Strengths
The following positive indicators were identified for Alvin Marley Foundation Inc:
- Strong asset base ($794,406) relative to liabilities ($1)
- Consistent reporting of 0% officer compensation, indicating low administrative overhead in this area
- Consistent IRS 990 filing history (10 filings)
- Minimal liabilities across all reported periods
Frequently Asked Questions about Alvin Marley Foundation Inc
Is Alvin Marley Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Alvin Marley Foundation Inc (EIN: 10791880) some concerns. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
How does Alvin Marley Foundation Inc spend its money?
Alvin Marley Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alvin Marley Foundation Inc tax-deductible?
Alvin Marley Foundation Inc is registered as a tax-exempt nonprofit (EIN: 10791880). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Alvin Marley Foundation Inc. financially stable?
Yes, the organization is financially stable due to its substantial assets of $794,406 and minimal liabilities of $1, providing a strong financial cushion.
Does Alvin Marley Foundation Inc. pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation, indicating that no officers receive salaries from the organization.
How efficient is Alvin Marley Foundation Inc. with its spending?
While a detailed breakdown of program vs. administrative spending is not provided, the 0% officer compensation suggests high efficiency in executive overhead. However, frequent operational deficits (expenses exceeding revenue in 7 out of 10 periods) indicate a challenge in matching expenses with incoming revenue.
What is the trend in Alvin Marley Foundation Inc.'s revenue?
The organization's revenue has been inconsistent, fluctuating significantly year-to-year, from a low of $41,495 in 2012 to a high of $138,394 in 2021, and most recently $173,994.
Filing History
IRS 990 filing history for Alvin Marley Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Alvin Marley Foundation Inc's revenue has declined by 10.3%, moving from $70K to $62K. Total assets decreased by 11.1% over the same period, from $899K to $800K. Total functional expenses fell by 0%, from $56K to $56K. In its most recent filing year (2023), Alvin Marley Foundation Inc reported a surplus of $6K, with revenue exceeding expenses. The organization holds $1 in liabilities against $800K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $800K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $62K | $56K | $800K | $1 | — | View 990 |
| 2022 | $43K | $78K | $794K | $1 | — | View 990 |
| 2021 | $138K | $222K | $829K | $1 | — | — |
| 2020 | $52K | $67K | $912K | $1 | — | View 990 |
| 2019 | $47K | $57K | $927K | $1 | — | View 990 |
| 2015 | $49K | $64K | $871K | $1 | — | View 990 |
| 2014 | $60K | $56K | $886K | $1 | — | View 990 |
| 2013 | $59K | $57K | $882K | $1 | — | View 990 |
| 2012 | $41K | $60K | $880K | $1 | — | View 990 |
| 2011 | $70K | $56K | $899K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $62K, expenses of $56K, and assets of $800K (revenue +44.7% year-over-year).
- 2022: Revenue of $43K, expenses of $78K, and assets of $794K (revenue -68.9% year-over-year).
- 2021: Revenue of $138K, expenses of $222K, and assets of $829K (revenue +167.9% year-over-year).
- 2020: Revenue of $52K, expenses of $67K, and assets of $912K (revenue +10.6% year-over-year).
- 2019: Revenue of $47K, expenses of $57K, and assets of $927K (revenue -5.3% year-over-year).
- 2015: Revenue of $49K, expenses of $64K, and assets of $871K (revenue -18.2% year-over-year).
- 2014: Revenue of $60K, expenses of $56K, and assets of $886K (revenue +2.4% year-over-year).
- 2013: Revenue of $59K, expenses of $57K, and assets of $882K (revenue +41.9% year-over-year).
- 2012: Revenue of $41K, expenses of $60K, and assets of $880K (revenue -40.3% year-over-year).
- 2011: Revenue of $70K, expenses of $56K, and assets of $899K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alvin Marley Foundation Inc:
Data Sources and Methodology
This transparency report for Alvin Marley Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.