Fourth Man Foundation Inc

Fourth Man Foundation Inc shows fluctuating revenue with no officer compensation and consistent asset growth.

EIN: 200165146 · Beltsville, MD · NTEE: T30 · Updated: 2026-03-28

$91KRevenue

$128KAssets

85/100Mission Score (Excellent)

T30

About Fourth Man Foundation Inc

Fourth Man Foundation Inc (EIN: 200165146) is a nonprofit organization based in Beltsville, MD, classified under NTEE code T30. The organization reported total revenue of $91K and total assets of $128K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fourth Man Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Fourth Man Foundation Inc demonstrates a generally stable financial position with consistent asset growth over the past four years, from $112,981 in 2020 to $128,252 in 2023. The organization's revenue has fluctuated, peaking at $215,713 in 2023, which also saw expenses of $211,742, indicating a tight operational margin. While the organization has shown periods of net income (e.g., 2020 with $160,873 revenue vs. $114,639 expenses), it has also experienced deficits (e.g., 2021 and 2022). The consistent reporting of zero liabilities across all filings is a positive indicator of financial stability and responsible management. The absence of officer compensation further suggests that resources are being directed towards the organization's mission rather than executive salaries, enhancing its spending efficiency and transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Fourth Man Foundation Inc 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: 85%
fundraising: 5%

According to IRS 990 filings, Fourth Man Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 no officers or key employees are receiving salaries from the organization. This suggests a volunteer-driven leadership model, which can maximize the proportion of funds directly applied to programs.

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 Fourth Man Foundation Inc:

Zero officer compensation, indicating efficient use of funds for mission-related activities.
Consistent asset growth from $112,981 in 2020 to $128,252 in 2023, demonstrating financial health.
No reported liabilities across all filings, indicating strong financial management.
Significant revenue increase in 2023 to $215,713, suggesting growing support.

Frequently Asked Questions about Fourth Man Foundation Inc

Is Fourth Man Foundation Inc a good charity?

Based on the available data, Fourth Man Foundation Inc appears to be a financially responsible organization. It has no reported liabilities, consistent asset growth, and zero officer compensation, suggesting a strong commitment to its mission and efficient use of funds. However, detailed program spending information would provide a more complete picture of its impact.

How has Fourth Man Foundation Inc's revenue trended?

Fourth Man Foundation Inc's revenue has fluctuated over the past four years: $160,873 (2020), $98,302 (2021), $117,666 (2022), and $215,713 (2023). This shows variability but also a significant increase in 2023.

What is the organization's financial stability?

The organization demonstrates good financial stability with consistent asset growth from $112,981 in 2020 to $128,252 in 2023, and zero reported liabilities across all filings. This indicates a healthy balance sheet.

Filing History

IRS 990 filing history for Fourth Man Foundation Inc showing financial trends over 4 years of public records:

Over 4 years of IRS 990 filings (2020–2023), Fourth Man Foundation Inc's revenue has grown by 34.1%, moving from $161K to $216K. Total assets increased by 13.5% over the same period, from $113K to $128K. Total functional expenses rose by 84.7%, from $115K to $212K. In its most recent filing year (2023), Fourth Man Foundation Inc reported a surplus of $4K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$216K	$212K	$128K	$0	—	—
2022	$118K	$119K	$124K	$0	—	—
2021	$98K	$108K	$124K	$0	—	View 990
2020	$161K	$115K	$113K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $216K, expenses of $212K, and assets of $128K (revenue +83.3% year-over-year).
2022: Revenue of $118K, expenses of $119K, and assets of $124K (revenue +19.7% year-over-year).
2021: Revenue of $98K, expenses of $108K, and assets of $124K (revenue -38.9% year-over-year).
2020: Revenue of $161K, expenses of $115K, and assets of $113K.

Data Sources and Methodology

This transparency report for Fourth Man 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.