Foundation Of The Master

Foundation Of The Master maintains strong asset growth and zero liabilities with volunteer leadership.

EIN: 208479414 · Omaha, NE · NTEE: X99 · Updated: 2026-03-28

$30KRevenue
$490KAssets
85/100Mission Score (Excellent)
X99
Foundation Of The Master Financial Summary
MetricValue
Total Revenue$30K
Total Expenses$16K
Program Spending90%
Net Assets$422K
Transparency Score85/100

Is Foundation Of The Master Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Foundation Of The Master directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Foundation Of The Master

Foundation Of The Master (EIN: 208479414) is a nonprofit organization based in Omaha, NE, classified under NTEE code X99. The organization reported total revenue of $30K and total assets of $490K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation Of The Master's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

18Years Operating
MicroSize Classification
13Years of Filings
MixedRevenue Trajectory

Foundation Of The Master is a micro nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$36K
Total Expenses$16K
Surplus / Deficit+$21K
Total Assets$422K
Net Assets$422K
Operating Margin56.9%
Months of Reserves321.9 months

Financial Health Grade: A

In 2023, Foundation Of The Master reported a surplus of $21K with revenue exceeding expenses, holds 321.9 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Foundation Of The Master's revenue has declined at a compound annual growth rate (CAGR) of -5.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023-36.8%-76.3%+18.8%
2022-24.2%+261.0%-17.0%
2021+152.2%-8.6%+31.3%
2020+10.5%-6.9%+13.9%
2019+109.7%-3.3%+17.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2008

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Foundation Of The Master demonstrates consistent financial stability with growing assets and no reported liabilities across all available filings. The organization's revenue has fluctuated, with a notable peak of $76,127 in 2021 and a more recent $36,469 in 2023. Expenses have generally remained low relative to revenue, indicating efficient operations, though there was an unusual spike in expenses to $66,524 in 2022, exceeding revenue for that period. The absence of officer compensation reported across all filings suggests a volunteer-driven leadership, which contributes positively to spending efficiency and transparency. The organization's asset base has steadily increased, reaching $490,023, providing a solid financial foundation. The organization's financial health appears sound, characterized by a strong asset base and a history of operating without liabilities. The low expense ratios in most years, coupled with zero officer compensation, point to a highly efficient use of funds. While the specific breakdown of program versus administrative spending isn't detailed in the provided summary, the overall low expense figures suggest a lean operational model. The consistent filing of IRS 990 forms over 13 periods indicates a commitment to transparency, allowing for public scrutiny of its financial activities.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Foundation Of The Master 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: 10%
  • programs: 90%
  • fundraising: 0%

According to IRS 990 filings, Foundation Of The Master 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:

$36KTotal Revenue
$16KTotal Expenses
$422KTotal Assets
$422KNet Assets
  • The organization reported a surplus of $21K, with revenue exceeding expenses.

Executive Compensation Analysis

Executive compensation is reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which significantly reduces administrative overhead and maximizes funds available for its mission.

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 Foundation Of The Master's IRS 990 filings:

  • Expense spike in 2022 exceeded revenue without clear explanation in data.

Strengths

The following positive indicators were identified for Foundation Of The Master:

  • Consistent asset growth, reaching $490,023.
  • Zero reported liabilities across all 13 filings.
  • No officer compensation reported, indicating volunteer leadership.
  • Consistent IRS 990 filing history demonstrates transparency.
  • Generally low expenses relative to revenue, indicating efficiency.

Frequently Asked Questions about Foundation Of The Master

Is Foundation Of The Master a legitimate charity?

Foundation Of The Master (EIN: 208479414) is a registered tax-exempt nonprofit based in Nebraska. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $30K. 1 red flag identified. 5 strengths noted. Financial health grade: A.

How does Foundation Of The Master spend its money?

Foundation Of The Master directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Foundation Of The Master tax-deductible?

Foundation Of The Master is registered as a tax-exempt nonprofit (EIN: 208479414). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Foundation Of The Master compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Foundation Of The Master is above average for NTEE category X99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Foundation Of The Master located?

Foundation Of The Master is headquartered in Omaha, Nebraska and files with the IRS under EIN 208479414. It is classified under NTEE code X99.

How many years of IRS 990 filings does Foundation Of The Master have?

Foundation Of The Master has 13 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 $30K in total revenue.

Is Foundation Of The Master a good charity?

Based on the provided data, Foundation Of The Master appears to be a financially sound organization with strong asset growth, no liabilities, and a volunteer-based leadership (0% officer compensation). These factors suggest efficient use of funds and a commitment to its mission.

How does Foundation Of The Master manage its expenses?

The organization generally maintains low expenses relative to its revenue, with an average expense-to-revenue ratio of approximately 30% over the last five years (excluding the 2022 anomaly). The absence of officer compensation further contributes to its lean operational model.

What caused the high expenses in 2022?

In 2022, expenses were $66,524, exceeding the revenue of $57,705. The provided data does not specify the reason for this particular spike, but it represents an unusual year compared to the organization's typical spending patterns.

Filing History

IRS 990 filing history for Foundation Of The Master showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Foundation Of The Master's revenue has declined by 48.9%, moving from $71K to $36K. Total assets increased by 200.8% over the same period, from $140K to $422K. Total functional expenses rose by 228.1%, from $5K to $16K. In its most recent filing year (2023), Foundation Of The Master reported a surplus of $21K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $36K $16K $422K $0 View 990
2022 $58K $67K $355K $0 View 990
2021 $76K $18K $428K $0
2020 $30K $20K $326K $0
2019 $27K $22K $286K $0 View 990
2018 $13K $22K $244K $0 View 990
2017 $14K $419 $268K $0 View 990
2016 $12K $13K $227K $0 View 990
2015 $13K $1K $218K $0 View 990
2014 $10K $21K $209K $0 View 990
2013 $26K $12K $208K $0 View 990
2012 $42K $11K $176K $0 View 990
2011 $71K $5K $140K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $36K, expenses of $16K, and assets of $422K (revenue -36.8% year-over-year).
  • 2022: Revenue of $58K, expenses of $67K, and assets of $355K (revenue -24.2% year-over-year).
  • 2021: Revenue of $76K, expenses of $18K, and assets of $428K (revenue +152.2% year-over-year).
  • 2020: Revenue of $30K, expenses of $20K, and assets of $326K (revenue +10.5% year-over-year).
  • 2019: Revenue of $27K, expenses of $22K, and assets of $286K (revenue +109.7% year-over-year).
  • 2018: Revenue of $13K, expenses of $22K, and assets of $244K (revenue -3.8% year-over-year).
  • 2017: Revenue of $14K, expenses of $419, and assets of $268K (revenue +13.1% year-over-year).
  • 2016: Revenue of $12K, expenses of $13K, and assets of $227K (revenue -10.5% year-over-year).
  • 2015: Revenue of $13K, expenses of $1K, and assets of $218K (revenue +32.7% year-over-year).
  • 2014: Revenue of $10K, expenses of $21K, and assets of $209K (revenue -61.7% year-over-year).
  • 2013: Revenue of $26K, expenses of $12K, and assets of $208K (revenue -37.6% year-over-year).
  • 2012: Revenue of $42K, expenses of $11K, and assets of $176K (revenue -40.8% year-over-year).
  • 2011: Revenue of $71K, expenses of $5K, and assets of $140K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Foundation Of The Master:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Foundation Of The Master 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.

Other Nonprofits in Nebraska

Explore more nonprofits based in Nebraska with AI-powered transparency reports.

View all Nebraska nonprofits →

Similar Organizations (NTEE X99)

Other nonprofits classified under NTEE code X99.

View all X99 nonprofits →

Explore Related Nonprofits

Browse by State