Arthur M And Martha R Pappas Foundation
Pappas Foundation: Consistent Grantmaking, Minimal Overhead
EIN: 222967957 · Stoneham, MA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $4.0M |
| Total Expenses | $1.1M |
| Program Spending | 95% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $16.3M |
| Transparency Score | 85/100 |
Is Arthur M And Martha R Pappas Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Arthur M And Martha R Pappas Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Arthur M And Martha R Pappas Foundation
Arthur M And Martha R Pappas Foundation (EIN: 222967957) is a nonprofit organization based in Stoneham, MA. The organization reported total revenue of $4.0M and total assets of $16.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arthur M And Martha R Pappas Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arthur M And Martha R Pappas Foundation is a mid-size nonprofit that has been operating for 37 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $734K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-340,987 |
| Total Assets | $16.3M |
| Total Liabilities | $1 |
| Net Assets | $16.3M |
| Operating Margin | -46.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 182.3 months |
Financial Health Grade: B
In 2023, Arthur M And Martha R Pappas Foundation reported a deficit of $341K with expenses exceeding revenue, holds 182.3 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), Arthur M And Martha R Pappas Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.6% | -14.6% | -1.8% |
| 2022 | -28.7% | +27.5% | -4.8% |
| 2021 | +48.9% | -4.8% | +0.7% |
| 2020 | -11.8% | +15.6% | -1.6% |
| 2019 | +6.9% | +45.8% | +63.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Arthur M And Martha R Pappas Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 3%
- programs: 95%
- fundraising: 2%
According to IRS 990 filings, Arthur M And Martha R Pappas Foundation allocates its expenses as follows: admin: 3%, programs: 95%, fundraising: 2%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $341K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is not reported as a significant expense, with the foundation consistently reporting $0 in compensation for officers, directors, trustees, and key employees across all available filings.
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.
Strengths
The following positive indicators were identified for Arthur M And Martha R Pappas Foundation:
- Very low administrative and fundraising overhead, maximizing funds for programs.
- Consistent grantmaking activity over many years, indicating stable operations.
- Strong asset base relative to annual expenses, suggesting long-term sustainability.
- No reported executive compensation, indicating a volunteer or very low-cost leadership structure.
Frequently Asked Questions about Arthur M And Martha R Pappas Foundation
Is Arthur M And Martha R Pappas Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Arthur M And Martha R Pappas Foundation (EIN: 222967957) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Arthur M And Martha R Pappas Foundation spend its money?
Arthur M And Martha R Pappas Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Arthur M And Martha R Pappas Foundation tax-deductible?
Arthur M And Martha R Pappas Foundation is registered as a tax-exempt nonprofit (EIN: 222967957). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Arthur M And Martha R Pappas Foundation CEO make?
Arthur M And Martha R Pappas Foundation's highest-compensated officer earns $0 annually. The organization reported $4.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Arthur M And Martha R Pappas Foundation's spending goes to programs?
Arthur M And Martha R Pappas Foundation directs 95% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Arthur M And Martha R Pappas Foundation located?
Arthur M And Martha R Pappas Foundation is headquartered in Stoneham, Massachusetts and files with the IRS under EIN 222967957.
How many years of IRS 990 filings does Arthur M And Martha R Pappas Foundation have?
Arthur M And Martha R Pappas Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.0M in total revenue.
What does Arthur M And Martha R Pappas Foundation do?
Arthur M And Martha R Pappas Foundation is a nonprofit organization in the Unknown sector, located in Stoneham, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Arthur M And Martha R Pappas Foundation have?
Arthur M And Martha R Pappas Foundation reported total revenue of $3,955,542. Based on 10 IRS 990 filings on record.
What are Arthur M And Martha R Pappas Foundation's total assets?
Arthur M And Martha R Pappas Foundation holds total assets of $16,715,757 as reported in IRS 990 filings.
Where is Arthur M And Martha R Pappas Foundation located?
Arthur M And Martha R Pappas Foundation is based in Stoneham, Massachusetts.
What is Arthur M And Martha R Pappas Foundation's EIN?
Arthur M And Martha R Pappas Foundation's Employer Identification Number (EIN) is 222967957. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Arthur M And Martha R Pappas Foundation?
Arthur M And Martha R Pappas Foundation is classified under NTEE code Unknown (Unknown).
Is Arthur M And Martha R Pappas Foundation a registered 501(c)(3)?
Arthur M And Martha R Pappas Foundation appears in IRS records (EIN: 222967957). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Arthur M And Martha R Pappas Foundation file IRS Form 990?
Yes, Arthur M And Martha R Pappas Foundation has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Arthur M And Martha R Pappas Foundation's revenue in 2023?
In the 202312 filing period, Arthur M And Martha R Pappas Foundation reported total revenue of $733,522, total expenses of $1,074,509, and net assets of $16,319,454.
Is Arthur M And Martha R Pappas Foundation's revenue growing or declining?
Arthur M And Martha R Pappas Foundation's revenue is declining. Revenue went from $793,726 (202212) to $733,522 (202312), a -7.6% change. Based on 10 filings on record.
What is Arthur M And Martha R Pappas Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Arthur M And Martha R Pappas Foundation covers tax period 202312. It shows revenue of $733,522, expenses of $1,074,509, total assets of $16,319,454, and liabilities of $1.
How much does Arthur M And Martha R Pappas Foundation spend on programs vs administration?
Based on IRS 990 analysis, Arthur M And Martha R Pappas Foundation allocates approximately 95% of expenses to program services, 3% to administrative costs, and 2% to fundraising. This indicates strong program focus.
Is Arthur M And Martha R Pappas Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Arthur M And Martha R Pappas Foundation appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Arthur M And Martha R Pappas Foundation's strengths?
Positive indicators for Arthur M And Martha R Pappas Foundation include: Very low administrative and fundraising overhead, maximizing funds for programs.. Consistent grantmaking activity over many years, indicating stable operations.. Strong asset base relative to annual expenses, suggesting long-term sustainability.. No reported executive compensation, indicating a volunteer or very low-cost leadership structure.. These findings are derived from AI analysis of the organization's financial filings.
How does Arthur M And Martha R Pappas Foundation compensate executives?
Executive compensation is not reported as a significant expense, with the foundation consistently reporting $0 in compensation for officers, directors, trustees, and key employees across all available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent '0' for executive compensation, what is the operational model for the foundation, and how are administrative tasks managed without paid leadership?
The consistent reporting of $0 for executive compensation suggests that the foundation likely operates with a volunteer board, minimal paid staff, or outsources administrative functions, allowing a very high percentage of its expenses to go directly to programs.
Filing History
IRS 990 filing history for Arthur M And Martha R Pappas Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Arthur M And Martha R Pappas Foundation's revenue has grown by 51%, moving from $486K to $734K. Total assets increased by 56% over the same period, from $10.5M to $16.3M. Total functional expenses rose by 104%, from $527K to $1.1M. In its most recent filing year (2023), Arthur M And Martha R Pappas Foundation reported a deficit of $341K, with expenses exceeding revenue. The organization holds $1 in liabilities against $16.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $16.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $734K | $1.1M | $16.3M | $1 | — | View 990 |
| 2022 | $794K | $1.3M | $16.6M | $1 | — | View 990 |
| 2021 | $1.1M | $987K | $17.5M | $1 | — | — |
| 2020 | $747K | $1.0M | $17.3M | $1 | — | — |
| 2019 | $847K | $897K | $17.6M | $1 | — | View 990 |
| 2015 | $792K | $615K | $10.8M | $1 | — | View 990 |
| 2014 | $778K | $612K | $10.6M | $1 | — | View 990 |
| 2013 | $551K | $571K | $10.4M | $1 | — | View 990 |
| 2012 | $548K | $545K | $10.5M | $1 | — | View 990 |
| 2011 | $486K | $527K | $10.5M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $734K, expenses of $1.1M, and assets of $16.3M (revenue -7.6% year-over-year).
- 2022: Revenue of $794K, expenses of $1.3M, and assets of $16.6M (revenue -28.7% year-over-year).
- 2021: Revenue of $1.1M, expenses of $987K, and assets of $17.5M (revenue +48.9% year-over-year).
- 2020: Revenue of $747K, expenses of $1.0M, and assets of $17.3M (revenue -11.8% year-over-year).
- 2019: Revenue of $847K, expenses of $897K, and assets of $17.6M (revenue +6.9% year-over-year).
- 2015: Revenue of $792K, expenses of $615K, and assets of $10.8M (revenue +1.7% year-over-year).
- 2014: Revenue of $778K, expenses of $612K, and assets of $10.6M (revenue +41.3% year-over-year).
- 2013: Revenue of $551K, expenses of $571K, and assets of $10.4M (revenue +0.6% year-over-year).
- 2012: Revenue of $548K, expenses of $545K, and assets of $10.5M (revenue +12.7% year-over-year).
- 2011: Revenue of $486K, expenses of $527K, and assets of $10.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arthur M And Martha R Pappas Foundation:
Data Sources and Methodology
This transparency report for Arthur M And Martha R Pappas Foundation 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.