Ma Family Foundation
Ma Family Foundation's assets have significantly declined from a 2013 peak, with recent years showing minimal revenue and expenses often exceeding income.
EIN: 208107333 · Las Vegas, NV · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5K |
| Total Expenses | $5K |
| Program Spending | 90% |
| Net Assets | $732 |
| Transparency Score | 65/100 |
Is Ma Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ma Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ma Family Foundation
Ma Family Foundation (EIN: 208107333) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code T22. The organization reported total revenue of $5K and total assets of $553 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ma Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ma Family Foundation is a micro nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 102.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $5K |
| Surplus / Deficit | $-180 |
| Total Assets | $733 |
| Total Liabilities | $1 |
| Net Assets | $732 |
| Operating Margin | -3.9% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 1.8 months |
Financial Health Grade: C
In 2023, Ma Family Foundation reported a deficit of $180 with expenses exceeding revenue, holds 1.8 months of operating reserves (limited), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Ma Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 102.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.0% | +2.9% | -19.7% |
| 2022 | +9.1% | +8.8% | -16.5% |
| 2021 | +6.2% | +5.9% | -14.1% |
| 2020 | -4.9% | -92.5% | -12.4% |
| 2019 | +405900.0% | -79.1% | -99.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Ma Family Foundation with a Mission Score of 65 out of 100 (Good). 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, Ma 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 deficit of $180, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries or other compensation are paid to officers, directors, trustees, or key employees. This is a strong positive for a small foundation, ensuring that all available funds are directed towards its mission or operational costs.
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 Ma Family Foundation's IRS 990 filings:
- Consistent deficit spending in recent years (e.g., 2023 expenses $4,790 vs. revenue $4,610)
- Significant decline in assets from $757,975 in 2013 to $553 currently, indicating a substantial reduction in financial capacity or a winding down of operations.
Strengths
The following positive indicators were identified for Ma Family Foundation:
- Zero officer compensation reported across all filings, indicating efficient use of funds for administrative and program costs.
- Low liabilities, consistently reported as $1 in recent years, suggesting minimal financial risk.
- Publicly available IRS 990 filings demonstrate transparency in financial reporting.
Frequently Asked Questions about Ma Family Foundation
Is Ma Family Foundation a legitimate charity?
Ma Family Foundation (EIN: 208107333) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $5K. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Ma Family Foundation spend its money?
Ma Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Ma Family Foundation tax-deductible?
Ma Family Foundation is registered as a tax-exempt nonprofit (EIN: 208107333). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Ma Family Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Ma 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 Ma Family Foundation located?
Ma Family Foundation is headquartered in Las Vegas, Nevada and files with the IRS under EIN 208107333. It is classified under NTEE code T22.
How many years of IRS 990 filings does Ma Family Foundation have?
Ma 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 $5K in total revenue.
Why have the foundation's assets decreased so dramatically since 2013?
The foundation's assets peaked at $757,975 in 2013 and have since declined to $553. This significant reduction likely indicates substantial grantmaking or asset distributions in prior years, particularly evident in periods like 2015 and 2014 where expenses were very high ($258,358 and $81,525 respectively) while revenue was minimal ($1).
Is the Ma Family Foundation financially sustainable given its recent revenue and expense trends?
In recent years (e.g., 2023, 2022, 2021, 2020), the foundation's expenses have consistently exceeded its revenue by small margins (e.g., $4,790 expenses vs. $4,610 revenue in 2023). While the amounts are small, this pattern of deficit spending is not sustainable long-term without drawing down its already minimal assets or securing additional funding.
What is the primary purpose of the Ma Family Foundation given its NTEE code T22?
NTEE code T22 typically refers to 'Private Grantmaking Foundations'. This suggests the foundation's primary purpose is to make grants to other organizations or individuals, rather than directly operating programs itself. The large expense figures in earlier years, coupled with minimal revenue, support this interpretation of significant grant distributions.
Filing History
IRS 990 filing history for Ma Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ma Family Foundation's revenue has grown by 460900%, moving from $1 to $5K. Total assets decreased by 92.6% over the same period, from $10K to $733. In its most recent filing year (2023), Ma Family Foundation reported a deficit of $180, with expenses exceeding revenue. The organization holds $1 in liabilities against $733 in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $732.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $5K | $733 | $1 | — | — |
| 2022 | $4K | $5K | $913 | $1 | — | View 990 |
| 2021 | $4K | $4K | $1K | $1 | — | — |
| 2020 | $4K | $4K | $1K | $1 | — | View 990 |
| 2019 | $4K | $54K | $1K | $1 | — | View 990 |
| 2015 | $1 | $258K | $418K | $50 | — | View 990 |
| 2014 | $1 | $82K | $676K | $25 | — | View 990 |
| 2013 | $800K | $52K | $758K | $1 | — | View 990 |
| 2012 | $35K | $26K | $19K | $0 | — | View 990 |
| 2011 | $1 | $0 | $10K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5K, expenses of $5K, and assets of $733 (revenue +3.0% year-over-year).
- 2022: Revenue of $4K, expenses of $5K, and assets of $913 (revenue +9.1% year-over-year).
- 2021: Revenue of $4K, expenses of $4K, and assets of $1K (revenue +6.2% year-over-year).
- 2020: Revenue of $4K, expenses of $4K, and assets of $1K (revenue -4.9% year-over-year).
- 2019: Revenue of $4K, expenses of $54K, and assets of $1K (revenue +405900.0% year-over-year).
- 2015: Revenue of $1, expenses of $258K, and assets of $418K (revenue +0.0% year-over-year).
- 2014: Revenue of $1, expenses of $82K, and assets of $676K (revenue -100.0% year-over-year).
- 2013: Revenue of $800K, expenses of $52K, and assets of $758K (revenue +2185.8% year-over-year).
- 2012: Revenue of $35K, expenses of $26K, and assets of $19K (revenue +3499900.0% year-over-year).
- 2011: Revenue of $1, expenses of $0, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ma Family Foundation:
Data Sources and Methodology
This transparency report for Ma 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.