Community Matters Foundation
EIN: 474236141 · Dewey Beach, DE · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $7K |
| Total Expenses | $121K |
| Net Assets | $272K |
Is Community Matters Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Community Matters Foundation
Community Matters Foundation (EIN: 474236141) is a nonprofit organization based in Dewey Beach, DE, classified under NTEE code P20. The organization reported total revenue of $7K and total assets of $189K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Matters Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Matters Foundation is a micro nonprofit that has been operating for 11 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -81.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $25K |
| Total Expenses | $121K |
| Surplus / Deficit | $-96,070 |
| Total Assets | $272K |
| Net Assets | $272K |
| Operating Margin | -379.4% |
| Months of Reserves | 26.9 months |
Financial Health Grade: B
In 2023, Community Matters Foundation reported a deficit of $96K with expenses exceeding revenue, holds 26.9 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Community Matters Foundation's revenue has declined at a compound annual growth rate (CAGR) of -81.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -98.2% | -90.3% | -30.5% |
| 2022 | +98.0% | +181.3% | +51.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Community Matters Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Matters Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $96K, with expenses exceeding revenue.
Frequently Asked Questions about Community Matters Foundation
Is Community Matters Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Matters Foundation (EIN: 474236141) insufficient data. 0 red flags identified, 0 strengths noted.
How does Community Matters Foundation spend its money?
Detailed spending breakdown data is not yet available for Community Matters Foundation. Check back for updated IRS 990 analysis.
Are donations to Community Matters Foundation tax-deductible?
Community Matters Foundation is registered as a tax-exempt nonprofit (EIN: 474236141). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Community Matters Foundation located?
Community Matters Foundation is headquartered in Dewey Beach, Delaware and files with the IRS under EIN 474236141. It is classified under NTEE code P20.
How many years of IRS 990 filings does Community Matters Foundation have?
Community Matters Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $7K in total revenue.
Filing History
IRS 990 filing history for Community Matters Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Community Matters Foundation's revenue has declined by 96.4%, moving from $701K to $25K. Total assets increased by 5.5% over the same period, from $258K to $272K. Total functional expenses fell by 72.8%, from $446K to $121K. In its most recent filing year (2023), Community Matters Foundation reported a deficit of $96K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $25K | $121K | $272K | $0 | — | View 990 |
| 2022 | $1.4M | $1.3M | $391K | $23K | — | — |
| 2021 | $701K | $446K | $258K | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $25K, expenses of $121K, and assets of $272K (revenue -98.2% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.3M, and assets of $391K (revenue +98.0% year-over-year).
- 2021: Revenue of $701K, expenses of $446K, and assets of $258K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Matters Foundation:
Data Sources and Methodology
This transparency report for Community Matters 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.