F A Matthews Family Foundation
F A Matthews Family Foundation consistently grows assets with minimal expenses and no officer compensation.
EIN: 202982821 · Buffalo, WY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $90K |
| Total Expenses | $12K |
| Program Spending | 90% |
| Net Assets | $434K |
| Transparency Score | 95/100 |
Is F A Matthews Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
F A Matthews Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About F A Matthews Family Foundation
F A Matthews Family Foundation (EIN: 202982821) is a nonprofit organization based in Buffalo, WY, classified under NTEE code T22. The organization reported total revenue of $90K and total assets of $552K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of F A Matthews Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
F A Matthews Family Foundation is a micro nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 44.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $81K |
| Total Expenses | $12K |
| Surplus / Deficit | +$69K |
| Total Assets | $434K |
| Total Liabilities | $1 |
| Net Assets | $434K |
| Operating Margin | 84.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 421.7 months |
Financial Health Grade: A
In 2023, F A Matthews Family Foundation reported a surplus of $69K with revenue exceeding expenses, holds 421.7 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), F A Matthews Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 44.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.9% | +51.8% | +42.6% |
| 2022 | +3.8% | +31.6% | +15.2% |
| 2021 | +3948.0% | +135.7% | +99.3% |
| 2020 | -96.2% | +279.3% | +27.0% |
| 2019 | +70309.5% | +130.3% | +835.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 F A Matthews Family Foundation with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, F A Matthews Family Foundation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $69K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the foundation, which is highly commendable for an organization of its 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.
Strengths
The following positive indicators were identified for F A Matthews Family Foundation:
- Exceptional financial efficiency with very low expenses relative to revenue (e.g., 2023 expenses were ~15% of revenue).
- Consistent and significant growth in assets over time (from $4,119 in 2011 to $552,487 currently).
- Zero officer compensation reported across all filings, indicating all funds are directed to the mission or asset growth.
- Minimal liabilities ($1 across all periods), demonstrating strong financial health and no debt burden.
- High program spending ratio due to very low overhead.
Frequently Asked Questions about F A Matthews Family Foundation
Is F A Matthews Family Foundation a legitimate charity?
F A Matthews Family Foundation (EIN: 202982821) is a registered tax-exempt nonprofit based in Wyoming. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $90K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does F A Matthews Family Foundation spend its money?
F A Matthews Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to F A Matthews Family Foundation tax-deductible?
F A Matthews Family Foundation is registered as a tax-exempt nonprofit (EIN: 202982821). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does F A Matthews Family Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), F A Matthews Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is F A Matthews Family Foundation located?
F A Matthews Family Foundation is headquartered in Buffalo, Wyoming and files with the IRS under EIN 202982821. It is classified under NTEE code T22.
How many years of IRS 990 filings does F A Matthews Family Foundation have?
F A Matthews Family 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 $90K in total revenue.
Is F A Matthews Family Foundation a good charity?
Based on its financial data, the F A Matthews Family Foundation appears to be a very good charity. It demonstrates exceptional financial efficiency, consistent asset growth, and a commitment to directing all funds towards its mission by not paying officer compensation.
How does the foundation manage its expenses?
The foundation manages its expenses extremely well, consistently keeping them very low relative to its revenue. For example, in 2023, expenses were only $12,348 against $81,042 in revenue, representing approximately 15% of revenue. In many prior years, this ratio was even lower.
What is the trend in the foundation's assets?
The foundation's assets show a strong and consistent upward trend, growing from $4,119 in 2011 to $552,487 currently. This indicates effective financial management and accumulation of resources for its charitable purposes.
Filing History
IRS 990 filing history for F A Matthews Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), F A Matthews Family Foundation's revenue has grown by 8289.4%, moving from $966 to $81K. Total assets increased by 10433.9% over the same period, from $4K to $434K. Total functional expenses rose by 1153.6%, from $985 to $12K. In its most recent filing year (2023), F A Matthews Family Foundation reported a surplus of $69K, with revenue exceeding expenses. The organization holds $1 in liabilities against $434K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $434K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $81K | $12K | $434K | $1 | — | — |
| 2022 | $83K | $8K | $304K | $1 | — | View 990 |
| 2021 | $80K | $6K | $264K | $1 | — | View 990 |
| 2020 | $2K | $3K | $132K | $1 | — | — |
| 2019 | $52K | $691 | $104K | $1 | — | View 990 |
| 2015 | $74 | $300 | $11K | $1 | — | View 990 |
| 2014 | $192 | $775 | $12K | $1 | — | View 990 |
| 2013 | $1K | $825 | $14K | $1 | — | View 990 |
| 2012 | $6K | $265 | $12K | $1 | — | View 990 |
| 2011 | $966 | $985 | $4K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $81K, expenses of $12K, and assets of $434K (revenue -1.9% year-over-year).
- 2022: Revenue of $83K, expenses of $8K, and assets of $304K (revenue +3.8% year-over-year).
- 2021: Revenue of $80K, expenses of $6K, and assets of $264K (revenue +3948.0% year-over-year).
- 2020: Revenue of $2K, expenses of $3K, and assets of $132K (revenue -96.2% year-over-year).
- 2019: Revenue of $52K, expenses of $691, and assets of $104K (revenue +70309.5% year-over-year).
- 2015: Revenue of $74, expenses of $300, and assets of $11K (revenue -61.5% year-over-year).
- 2014: Revenue of $192, expenses of $775, and assets of $12K (revenue -80.9% year-over-year).
- 2013: Revenue of $1K, expenses of $825, and assets of $14K (revenue -82.7% year-over-year).
- 2012: Revenue of $6K, expenses of $265, and assets of $12K (revenue +501.0% year-over-year).
- 2011: Revenue of $966, expenses of $985, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for F A Matthews Family Foundation:
Data Sources and Methodology
This transparency report for F A Matthews Family 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.