Mann Family Foundation
EIN: 50494136 · Providence, RI · NTEE: T20Z
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $737K |
| Net Assets | $5.5M |
Is Mann Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mann Family Foundation
Mann Family Foundation (EIN: 50494136) is a nonprofit organization based in Providence, RI, classified under NTEE code T20Z. The organization reported total revenue of $1.4M and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mann Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mann Family Foundation is a mid-size nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $737K |
| Surplus / Deficit | +$698K |
| Total Assets | $5.5M |
| Total Liabilities | $1 |
| Net Assets | $5.5M |
| Operating Margin | 48.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 89.6 months |
Financial Health Grade: A
In 2023, Mann Family Foundation reported a surplus of $698K with revenue exceeding expenses, holds 89.6 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), Mann Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 12.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +67.7% | +36.0% | +4.6% |
| 2022 | -19.9% | +27.6% | +4.5% |
| 2021 | +4.1% | +6.7% | +14.4% |
| 2020 | -9.6% | +52.6% | +12.5% |
| 2019 | +55.7% | -33.7% | +94.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mann Family Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mann Family Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $698K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Mann Family Foundation
Is Mann Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mann Family Foundation (EIN: 50494136) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mann Family Foundation spend its money?
Detailed spending breakdown data is not yet available for Mann Family Foundation. Check back for updated IRS 990 analysis.
Are donations to Mann Family Foundation tax-deductible?
Mann Family Foundation is registered as a tax-exempt nonprofit (EIN: 50494136). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mann Family Foundation located?
Mann Family Foundation is headquartered in Providence, Rhode Island and files with the IRS under EIN 50494136. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Mann Family Foundation have?
Mann 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Mann Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mann Family Foundation's revenue has grown by 324.2%, moving from $338K to $1.4M. Total assets increased by 202% over the same period, from $1.8M to $5.5M. Total functional expenses rose by 285.2%, from $191K to $737K. In its most recent filing year (2023), Mann Family Foundation reported a surplus of $698K, with revenue exceeding expenses. The organization holds $1 in liabilities against $5.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $737K | $5.5M | $1 | — | — |
| 2022 | $856K | $542K | $5.3M | $1 | — | View 990 |
| 2021 | $1.1M | $425K | $5.0M | $1 | — | — |
| 2020 | $1.0M | $398K | $4.4M | $1 | — | — |
| 2019 | $1.1M | $261K | $3.9M | $1 | — | View 990 |
| 2015 | $729K | $393K | $2.0M | $1 | — | View 990 |
| 2014 | $573K | $388K | $1.8M | $1 | — | View 990 |
| 2013 | $403K | $401K | $1.7M | $1 | — | View 990 |
| 2012 | $501K | $268K | $1.8M | $1 | — | View 990 |
| 2011 | $338K | $191K | $1.8M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $737K, and assets of $5.5M (revenue +67.7% year-over-year).
- 2022: Revenue of $856K, expenses of $542K, and assets of $5.3M (revenue -19.9% year-over-year).
- 2021: Revenue of $1.1M, expenses of $425K, and assets of $5.0M (revenue +4.1% year-over-year).
- 2020: Revenue of $1.0M, expenses of $398K, and assets of $4.4M (revenue -9.6% year-over-year).
- 2019: Revenue of $1.1M, expenses of $261K, and assets of $3.9M (revenue +55.7% year-over-year).
- 2015: Revenue of $729K, expenses of $393K, and assets of $2.0M (revenue +27.3% year-over-year).
- 2014: Revenue of $573K, expenses of $388K, and assets of $1.8M (revenue +42.2% year-over-year).
- 2013: Revenue of $403K, expenses of $401K, and assets of $1.7M (revenue -19.6% year-over-year).
- 2012: Revenue of $501K, expenses of $268K, and assets of $1.8M (revenue +48.1% year-over-year).
- 2011: Revenue of $338K, expenses of $191K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mann Family Foundation:
Data Sources and Methodology
This transparency report for Mann 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.