Marfani Foundation Inc
EIN: 843396451 · Richmond, TX · NTEE: L99
Is Marfani 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 Marfani Foundation Inc
Marfani Foundation Inc (EIN: 843396451) is a nonprofit organization based in Richmond, TX, classified under NTEE code L99. The organization reported total revenue of $1.8M and total assets of $20K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marfani Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Marfani 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 Marfani 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.
Frequently Asked Questions about Marfani Foundation Inc
Is Marfani Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Marfani Foundation Inc (EIN: 843396451) insufficient data. 0 red flags identified, 0 strengths noted.
How does Marfani Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Marfani Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Marfani Foundation Inc tax-deductible?
Marfani Foundation Inc is registered as a tax-exempt nonprofit (EIN: 843396451). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Marfani Foundation Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Marfani Foundation Inc's revenue has grown by 206.6%, moving from $221K to $678K. Total assets increased by 3220% over the same period, from $500 to $17K. Total functional expenses rose by 199.3%, from $221K to $662K. In its most recent filing year (2023), Marfani Foundation Inc reported a surplus of $16K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $678K | $662K | $17K | $0 | — | — |
| 2022 | $221K | $221K | $500 | $0 | — | — |
Data Sources and Methodology
This transparency report for Marfani 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.