Mardi Schnitzer Spitzer Foundation
EIN: 474287703 · Lake Oswego, OR · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $26K |
| Total Expenses | $56K |
| Net Assets | $23K |
Is Mardi Schnitzer Spitzer Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mardi Schnitzer Spitzer Foundation
Mardi Schnitzer Spitzer Foundation (EIN: 474287703) is a nonprofit organization based in Lake Oswego, OR, classified under NTEE code T20. The organization reported total revenue of $26K and total assets of $6K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mardi Schnitzer Spitzer Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mardi Schnitzer Spitzer Foundation is a micro nonprofit that has been operating for 10 years, with 6 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -40.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $56K |
| Surplus / Deficit | $-52,631 |
| Total Assets | $23K |
| Total Liabilities | $1 |
| Net Assets | $23K |
| Operating Margin | -1504.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 4.9 months |
Financial Health Grade: B
In 2023, Mardi Schnitzer Spitzer Foundation reported a deficit of $53K with expenses exceeding revenue, holds 4.9 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2015–2023), Mardi Schnitzer Spitzer Foundation's revenue has declined at a compound annual growth rate (CAGR) of -40.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -1639.1% | -27.0% | -46.8% |
| 2021 | -99.4% | +43.4% | -37.0% |
| 2020 | +3844.8% | -8.9% | +71.9% |
| 2019 | -98.2% | +1475.7% | -37.6% |
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 Mardi Schnitzer Spitzer 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 Mardi Schnitzer Spitzer 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 deficit of $53K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Mardi Schnitzer Spitzer Foundation
Is Mardi Schnitzer Spitzer Foundation a legitimate charity?
Mardi Schnitzer Spitzer Foundation (EIN: 474287703) is a registered tax-exempt nonprofit based in Oregon. It has 6 years of IRS 990 filings on record. Total revenue: $26K. No red flags identified. Financial health grade: B.
How does Mardi Schnitzer Spitzer Foundation spend its money?
Mardi Schnitzer Spitzer Foundation reported $26K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mardi Schnitzer Spitzer Foundation tax-deductible?
Mardi Schnitzer Spitzer Foundation is registered as a tax-exempt nonprofit (EIN: 474287703). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mardi Schnitzer Spitzer Foundation located?
Mardi Schnitzer Spitzer Foundation is headquartered in Lake Oswego, Oregon and files with the IRS under EIN 474287703. It is classified under NTEE code T20.
How many years of IRS 990 filings does Mardi Schnitzer Spitzer Foundation have?
Mardi Schnitzer Spitzer Foundation has 6 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 $26K in total revenue.
Filing History
IRS 990 filing history for Mardi Schnitzer Spitzer Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2015–2023), Mardi Schnitzer Spitzer Foundation's revenue has declined by 98.4%, moving from $214K to $3K. Total assets decreased by 89% over the same period, from $211K to $23K. Total functional expenses rose by 1423.2%, from $4K to $56K. In its most recent filing year (2023), Mardi Schnitzer Spitzer Foundation reported a deficit of $53K, with expenses exceeding revenue. The organization holds $1 in liabilities against $23K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $23K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3K | $56K | $23K | $1 | — | — |
| 2022 | $-15,314 | $55K | $76K | $1 | — | View 990 |
| 2021 | $995 | $76K | $142K | $1 | — | — |
| 2020 | $155K | $53K | $226K | $1 | — | — |
| 2019 | $4K | $58K | $131K | $1 | — | View 990 |
| 2015 | $214K | $4K | $211K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3K, expenses of $56K, and assets of $23K.
- 2022: Revenue of $-15,314, expenses of $55K, and assets of $76K (revenue -1639.1% year-over-year).
- 2021: Revenue of $995, expenses of $76K, and assets of $142K (revenue -99.4% year-over-year).
- 2020: Revenue of $155K, expenses of $53K, and assets of $226K (revenue +3844.8% year-over-year).
- 2019: Revenue of $4K, expenses of $58K, and assets of $131K (revenue -98.2% year-over-year).
- 2015: Revenue of $214K, expenses of $4K, and assets of $211K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mardi Schnitzer Spitzer Foundation:
Data Sources and Methodology
This transparency report for Mardi Schnitzer Spitzer 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.