Frank Lloyd Wrights Martin House Co Rporation
Frank Lloyd Wrights Martin House Co Rporation maintains substantial assets and reports no officer compensation, raising questions about leadership cost transparency.
EIN: 161426693 · Buffalo, NY · NTEE: A800 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $2.7M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $50 |
| Net Assets | $49.0M |
| Transparency Score | 85/100 |
Is Frank Lloyd Wrights Martin House Co Rporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Frank Lloyd Wrights Martin House Co Rporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Frank Lloyd Wrights Martin House Co Rporation
Frank Lloyd Wrights Martin House Co Rporation (EIN: 161426693) is a nonprofit organization based in Buffalo, NY, classified under NTEE code A800. The organization reported total revenue of $3.3M and total assets of $49.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frank Lloyd Wrights Martin House Co Rporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Frank Lloyd Wrights Martin House Co Rporation is a mid-size nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.7M |
| Surplus / Deficit | $-477,351 |
| Total Assets | $49.4M |
| Total Liabilities | $387K |
| Net Assets | $49.0M |
| Operating Margin | -21.0% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 215.4 months |
Financial Health Grade: B
In 2023, Frank Lloyd Wrights Martin House Co Rporation reported a deficit of $477K with expenses exceeding revenue, holds 215.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Frank Lloyd Wrights Martin House Co Rporation's revenue has declined at a compound annual growth rate (CAGR) of -4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.8% | -4.8% | +3.4% |
| 2022 | -26.1% | +29.6% | -0.8% |
| 2021 | -7.6% | +13.3% | +2.3% |
| 2020 | +5.1% | -18.9% | +2.4% |
| 2019 | -37.2% | +4.5% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Frank Lloyd Wrights Martin House Co Rporation 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Frank Lloyd Wrights Martin House Co Rporation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 deficit of $477K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with assets nearing $50 million and annual expenses over $2 million. This suggests either an entirely volunteer leadership structure or that compensation is handled through an alternative arrangement not reflected in the typical officer compensation section of the 990.
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 Frank Lloyd Wrights Martin House Co Rporation's IRS 990 filings:
- Unusually low or zero reported officer compensation, which may obscure the full cost of leadership if compensation is handled off-book or through related entities.
Strengths
The following positive indicators were identified for Frank Lloyd Wrights Martin House Co Rporation:
- Strong asset base, with assets consistently around $40-50 million, providing significant financial stability.
- Consistent history of IRS 990 filings, indicating good compliance and transparency.
- Relatively stable expense management over the past decade, demonstrating fiscal prudence.
- Potential for extremely high program spending efficiency if leadership is indeed entirely volunteer-based.
Frequently Asked Questions about Frank Lloyd Wrights Martin House Co Rporation
Is Frank Lloyd Wrights Martin House Co Rporation a legitimate charity?
Frank Lloyd Wrights Martin House Co Rporation (EIN: 161426693) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.3M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Frank Lloyd Wrights Martin House Co Rporation spend its money?
Frank Lloyd Wrights Martin House Co Rporation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Frank Lloyd Wrights Martin House Co Rporation tax-deductible?
Frank Lloyd Wrights Martin House Co Rporation is registered as a tax-exempt nonprofit (EIN: 161426693). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Frank Lloyd Wrights Martin House Co Rporation CEO make?
Frank Lloyd Wrights Martin House Co Rporation's highest-compensated officer earns $50 annually. The organization reported $3.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Frank Lloyd Wrights Martin House Co Rporation's spending goes to programs?
Frank Lloyd Wrights Martin House Co Rporation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Frank Lloyd Wrights Martin House Co Rporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Frank Lloyd Wrights Martin House Co Rporation is above average for NTEE category A800 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Frank Lloyd Wrights Martin House Co Rporation located?
Frank Lloyd Wrights Martin House Co Rporation is headquartered in Buffalo, New York and files with the IRS under EIN 161426693. It is classified under NTEE code A800.
How many years of IRS 990 filings does Frank Lloyd Wrights Martin House Co Rporation have?
Frank Lloyd Wrights Martin House Co Rporation 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 $3.3M in total revenue.
Is Frank Lloyd Wrights Martin House Co Rporation a good charity?
Based on the available data, the organization appears to be financially stable with substantial assets and a consistent history of IRS 990 filings. The reported 0% officer compensation is a significant factor, potentially indicating high efficiency in directing funds to its mission, though further clarity on leadership costs would enhance transparency.
How does the organization manage its leadership compensation?
All available IRS 990 filings consistently report 'Officer Comp=0%'. This is highly unusual for an organization of this size and suggests that officers, directors, trustees, and key employees are either entirely uncompensated volunteers or their compensation is structured and reported in a way not captured in this specific line item on the 990.
What is the trend in the organization's revenue and expenses?
Revenue has fluctuated over the past decade, peaking at $5,773,990 in 2018 and most recently at $2,272,417 in 2023. Expenses have remained relatively stable, generally ranging between $1.7 million and $2.9 million annually, indicating consistent operational costs.
Is the organization financially stable?
Yes, with assets consistently around $40-50 million and annual expenses typically under $3 million, the organization demonstrates strong financial stability. For example, in 2023, assets were $49,364,389 against expenses of $2,749,768, indicating a robust financial cushion.
Filing History
IRS 990 filing history for Frank Lloyd Wrights Martin House Co Rporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Frank Lloyd Wrights Martin House Co Rporation's revenue has declined by 43.9%, moving from $4.0M to $2.3M. Total assets increased by 26.9% over the same period, from $38.9M to $49.4M. Total functional expenses rose by 65.9%, from $1.7M to $2.7M. In its most recent filing year (2023), Frank Lloyd Wrights Martin House Co Rporation reported a deficit of $477K, with expenses exceeding revenue. The organization holds $387K in liabilities against $49.4M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $49.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.7M | $49.4M | $387K | — | View 990 |
| 2022 | $2.6M | $2.9M | $47.8M | $545K | — | — |
| 2021 | $3.5M | $2.2M | $48.1M | $385K | — | View 990 |
| 2020 | $3.8M | $2.0M | $47.1M | $681K | — | — |
| 2019 | $3.6M | $2.4M | $46.0M | $1.5M | — | View 990 |
| 2018 | $5.8M | $2.3M | $46.2M | $2.9M | — | View 990 |
| 2017 | $2.7M | $2.2M | $42.8M | $3.0M | — | — |
| 2016 | $2.5M | $2.2M | $41.5M | $2.1M | — | View 990 |
| 2015 | $2.7M | $1.8M | $40.6M | $1.6M | — | View 990 |
| 2014 | $2.7M | $1.8M | $39.7M | $1.7M | — | View 990 |
| 2013 | $1.7M | $1.8M | $38.7M | $1.6M | — | View 990 |
| 2012 | $1.8M | $1.6M | $38.9M | $1.7M | — | View 990 |
| 2011 | $4.0M | $1.7M | $38.9M | $1.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.7M, and assets of $49.4M (revenue -12.8% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.9M, and assets of $47.8M (revenue -26.1% year-over-year).
- 2021: Revenue of $3.5M, expenses of $2.2M, and assets of $48.1M (revenue -7.6% year-over-year).
- 2020: Revenue of $3.8M, expenses of $2.0M, and assets of $47.1M (revenue +5.1% year-over-year).
- 2019: Revenue of $3.6M, expenses of $2.4M, and assets of $46.0M (revenue -37.2% year-over-year).
- 2018: Revenue of $5.8M, expenses of $2.3M, and assets of $46.2M (revenue +114.7% year-over-year).
- 2017: Revenue of $2.7M, expenses of $2.2M, and assets of $42.8M (revenue +6.2% year-over-year).
- 2016: Revenue of $2.5M, expenses of $2.2M, and assets of $41.5M (revenue -7.9% year-over-year).
- 2015: Revenue of $2.7M, expenses of $1.8M, and assets of $40.6M (revenue +1.8% year-over-year).
- 2014: Revenue of $2.7M, expenses of $1.8M, and assets of $39.7M (revenue +55.3% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.8M, and assets of $38.7M (revenue -2.4% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.6M, and assets of $38.9M (revenue -56.0% year-over-year).
- 2011: Revenue of $4.0M, expenses of $1.7M, and assets of $38.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Frank Lloyd Wrights Martin House Co Rporation:
Data Sources and Methodology
This transparency report for Frank Lloyd Wrights Martin House Co Rporation 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.