Bill And Charlotte Mathers Family Foundation Inc
Bill And Charlotte Mathers Family Foundation Inc consistently spends more than it earns, drawing down assets.
EIN: 203647885 · Chester, MT · NTEE: T20 · Updated: 2026-03-28
Is Bill And Charlotte Mathers Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bill And Charlotte Mathers Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bill And Charlotte Mathers Family Foundation Inc
Bill And Charlotte Mathers Family Foundation Inc (EIN: 203647885) is a nonprofit organization based in Chester, MT, classified under NTEE code T20. The organization reported total revenue of $26K and total assets of $24K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bill And Charlotte Mathers Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bill And Charlotte Mathers Family Foundation Inc with a Mission Score of 65 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Bill And Charlotte Mathers Family Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not paid, which is highly efficient for an organization of this size.
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 Bill And Charlotte Mathers Family Foundation Inc's IRS 990 filings:
- Consistent net losses over multiple years (e.g., $75,672 expenses vs. $32,080 revenue in 2014)
- Significant decline in assets from $143,550 in 2011 to $24,167 currently
Strengths
The following positive indicators were identified for Bill And Charlotte Mathers Family Foundation Inc:
- 0% officer compensation, indicating high efficiency in leadership costs
- Low liabilities, consistently reported at $1,092
Frequently Asked Questions about Bill And Charlotte Mathers Family Foundation Inc
Is Bill And Charlotte Mathers Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bill And Charlotte Mathers Family Foundation Inc (EIN: 203647885) some concerns. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.
How does Bill And Charlotte Mathers Family Foundation Inc spend its money?
Bill And Charlotte Mathers Family Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bill And Charlotte Mathers Family Foundation Inc tax-deductible?
Bill And Charlotte Mathers Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203647885). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Bill And Charlotte Mathers Family Foundation Inc a good charity?
As a private grantmaking foundation, its 'goodness' depends on the impact of its grants. Financially, it is spending down its assets, which is not sustainable for long-term operations but can be a deliberate strategy for a family foundation to disburse its funds.
What is the long-term financial outlook for this foundation?
Given its consistent net losses (e.g., $75,672 expenses vs. $32,080 revenue in 2014) and declining assets from $143,550 in 2011 to $24,167 currently, the foundation's long-term outlook is limited unless it receives substantial new funding or significantly reduces its spending.
How does the foundation manage its administrative costs?
The foundation appears to manage administrative costs very efficiently, with 0% officer compensation reported across all filings, suggesting a volunteer-driven or very lean operational structure.
Filing History
IRS 990 filing history for Bill And Charlotte Mathers Family Foundation Inc showing financial trends over 5 years of public records:
Total assets decreased by 66.7% over the same period, from $144K to $48K. Total functional expenses fell by 93.6%, from $66K to $4K. In its most recent filing year (2015), Bill And Charlotte Mathers Family Foundation Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1K in liabilities against $48K in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $47K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2015 | $797 | $4K | $48K | $1K | — | View 990 |
| 2014 | $32K | $76K | $51K | $1K | — | View 990 |
| 2013 | $32K | $53K | $95K | $1K | — | View 990 |
| 2012 | $3K | $30K | $116K | $1K | — | View 990 |
| 2011 | $-5,285 | $66K | $144K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $797, expenses of $4K, and assets of $48K (revenue -97.5% year-over-year).
- 2014: Revenue of $32K, expenses of $76K, and assets of $51K (revenue +1.0% year-over-year).
- 2013: Revenue of $32K, expenses of $53K, and assets of $95K (revenue +998.8% year-over-year).
- 2012: Revenue of $3K, expenses of $30K, and assets of $116K.
- 2011: Revenue of $-5,285, expenses of $66K, and assets of $144K.
Data Sources and Methodology
This transparency report for Bill And Charlotte Mathers Family 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.