Marcus Smarts Youngamechanger Foundation Inc
EIN: 475530044 · Boston, MA · NTEE: O20
| Metric | Value |
|---|---|
| Total Revenue | $247K |
| Total Expenses | $114K |
| Net Assets | $240K |
Is Marcus Smarts Youngamechanger Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Marcus Smarts Youngamechanger Foundation Inc
Marcus Smarts Youngamechanger Foundation Inc (EIN: 475530044) is a nonprofit organization based in Boston, MA, classified under NTEE code O20. The organization reported total revenue of $247K and total assets of $240K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marcus Smarts Youngamechanger Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marcus Smarts Youngamechanger Foundation Inc is a small nonprofit that has been operating for 10 years, with 5 years of IRS 990 filings on record (2016–2022). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $220K |
| Total Expenses | $114K |
| Surplus / Deficit | +$106K |
| Total Assets | $240K |
| Net Assets | $240K |
| Operating Margin | 48.1% |
| Months of Reserves | 25.2 months |
Financial Health Grade: A
In 2022, Marcus Smarts Youngamechanger Foundation Inc reported a surplus of $106K with revenue exceeding expenses, holds 25.2 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2016–2022), Marcus Smarts Youngamechanger Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +56.2% | +148.6% | +79.5% |
| 2021 | +68.9% | -11.6% | +215.9% |
| 2019 | -56.2% | -73.0% | +115.8% |
| 2017 | +0.4% | +12.2% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Marcus Smarts Youngamechanger Foundation Inc 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 Marcus Smarts Youngamechanger Foundation Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $106K, with revenue exceeding expenses.
Frequently Asked Questions about Marcus Smarts Youngamechanger Foundation Inc
Is Marcus Smarts Youngamechanger Foundation Inc a legitimate charity?
Marcus Smarts Youngamechanger Foundation Inc (EIN: 475530044) is a registered tax-exempt nonprofit based in Massachusetts. It has 5 years of IRS 990 filings on record. Total revenue: $247K. No red flags identified. Financial health grade: A.
How does Marcus Smarts Youngamechanger Foundation Inc spend its money?
Marcus Smarts Youngamechanger Foundation Inc reported $247K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Marcus Smarts Youngamechanger Foundation Inc tax-deductible?
Marcus Smarts Youngamechanger Foundation Inc is registered as a tax-exempt nonprofit (EIN: 475530044). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Marcus Smarts Youngamechanger Foundation Inc located?
Marcus Smarts Youngamechanger Foundation Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 475530044. It is classified under NTEE code O20.
How many years of IRS 990 filings does Marcus Smarts Youngamechanger Foundation Inc have?
Marcus Smarts Youngamechanger Foundation Inc has 5 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 $247K in total revenue.
Filing History
IRS 990 filing history for Marcus Smarts Youngamechanger Foundation Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2016–2022), Marcus Smarts Youngamechanger Foundation Inc's revenue has grown by 16.1%, moving from $190K to $220K. Total assets increased by 1175.9% over the same period, from $19K to $240K. Total functional expenses fell by 33.5%, from $172K to $114K. In its most recent filing year (2022), Marcus Smarts Youngamechanger Foundation Inc reported a surplus of $106K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $220K | $114K | $240K | $0 | — | View 990 |
| 2021 | $141K | $46K | $134K | $0 | — | View 990 |
| 2019 | $84K | $52K | $42K | $0 | — | View 990 |
| 2017 | $191K | $193K | $20K | $4K | — | — |
| 2016 | $190K | $172K | $19K | $774 | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $220K, expenses of $114K, and assets of $240K (revenue +56.2% year-over-year).
- 2021: Revenue of $141K, expenses of $46K, and assets of $134K (revenue +68.9% year-over-year).
- 2019: Revenue of $84K, expenses of $52K, and assets of $42K (revenue -56.2% year-over-year).
- 2017: Revenue of $191K, expenses of $193K, and assets of $20K (revenue +0.4% year-over-year).
- 2016: Revenue of $190K, expenses of $172K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marcus Smarts Youngamechanger Foundation Inc:
Data Sources and Methodology
This transparency report for Marcus Smarts Youngamechanger 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.