Mark Family Foundation
Mark Family Foundation shows strong asset growth and no reported officer compensation over a decade.
EIN: 137052586 · New York, NY · NTEE: T99Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $37.2M |
| Total Expenses | $2.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $18,803,624 |
| Net Assets | $18.8M |
| Transparency Score | 92/100 |
Is Mark Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mark Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mark Family Foundation
Mark Family Foundation (EIN: 137052586) is a nonprofit organization based in New York, NY, classified under NTEE code T99Z. The organization reported total revenue of $37.2M and total assets of $24.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mark Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mark Family Foundation is a large nonprofit that has been operating for 30 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $2.6M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $18.8M |
| Total Liabilities | $1 |
| Net Assets | $18.8M |
| Operating Margin | 33.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 87.8 months |
Financial Health Grade: A
In 2023, Mark Family Foundation reported a surplus of $1.3M with revenue exceeding expenses, holds 87.8 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), Mark Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 17.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -104.3% | -38.2% | -15.6% |
| 2021 | +1064.4% | +188.9% | +251.2% |
| 2020 | +21.7% | +8.5% | +7.3% |
| 2019 | +80.7% | +82.8% | +105.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Mark Family Foundation with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Mark Family Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 surplus of $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size with assets of $18,803,624 in 2023.
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 Mark Family Foundation's IRS 990 filings:
- Negative revenue reported in 2022 (-$752,178), which could indicate investment losses or significant returns of contributions, warranting further investigation into its revenue sources.
Strengths
The following positive indicators were identified for Mark Family Foundation:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
- Significant asset growth from $2.2 million in 2011 to $18.8 million in 2023, demonstrating strong financial management.
- Extremely low liabilities (often $1 or $0), indicating robust financial stability.
- Consistent filing of IRS 990s (10 filings), showing good transparency and compliance.
- Healthy surplus in most years, such as $1,317,302 in 2023 (Revenue $3,885,955 - Expenses $2,568,653).
Frequently Asked Questions about Mark Family Foundation
Is Mark Family Foundation a legitimate charity?
Mark Family Foundation (EIN: 137052586) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $37.2M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Mark Family Foundation spend its money?
Mark Family Foundation directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Mark Family Foundation tax-deductible?
Mark Family Foundation is registered as a tax-exempt nonprofit (EIN: 137052586). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mark Family Foundation CEO make?
Mark Family Foundation's highest-compensated officer earns $18,803,624 annually. The organization reported $37.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mark Family Foundation's spending goes to programs?
Mark Family Foundation directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mark Family Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Mark Family Foundation is above average for NTEE category T99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mark Family Foundation located?
Mark Family Foundation is headquartered in New York, New York and files with the IRS under EIN 137052586. It is classified under NTEE code T99Z.
How many years of IRS 990 filings does Mark Family Foundation have?
Mark 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 $37.2M in total revenue.
Is Mark Family Foundation a good charity?
Based on the available data, the Mark Family Foundation appears to be a very good charity. It demonstrates strong financial health with growing assets, minimal liabilities, and a consistent record of 0% officer compensation, suggesting a high dedication to its mission.
How has the foundation's financial health changed over time?
The foundation's financial health has significantly improved over time. Assets grew from $2,212,471 in 2011 to $18,803,624 in 2023. Revenue has also seen substantial growth, with a peak of $17,529,233 in 2021, despite some annual fluctuations.
What is the Mark Family Foundation's approach to executive compensation?
The Mark Family Foundation consistently reports 0% officer compensation in all available IRS 990 filings, indicating that no salaries are paid to its officers. This suggests a volunteer-led or very lean executive structure.
Are there any concerns about the foundation's liabilities?
No, there are no concerns about the foundation's liabilities. Liabilities are consistently reported as $1 or $0 across all filings, indicating an extremely strong and stable financial position with virtually no debt.
Filing History
IRS 990 filing history for Mark Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mark Family Foundation's revenue has grown by 586.2%, moving from $566K to $3.9M. Total assets increased by 749.9% over the same period, from $2.2M to $18.8M. Total functional expenses rose by 165.4%, from $968K to $2.6M. In its most recent filing year (2023), Mark Family Foundation reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $1 in liabilities against $18.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $18.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $2.6M | $18.8M | $1 | — | View 990 |
| 2022 | $-752,178 | $2.0M | $16.5M | $1 | — | View 990 |
| 2021 | $17.5M | $3.2M | $19.5M | $1 | — | View 990 |
| 2020 | $1.5M | $1.1M | $5.6M | $1 | — | View 990 |
| 2019 | $1.2M | $1.0M | $5.2M | $1 | — | View 990 |
| 2015 | $685K | $566K | $2.5M | $0 | — | View 990 |
| 2014 | $842K | $545K | $2.4M | $0 | — | View 990 |
| 2013 | $1.0M | $763K | $2.1M | $0 | — | View 990 |
| 2012 | $871K | $832K | $2.3M | $0 | — | View 990 |
| 2011 | $566K | $968K | $2.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $2.6M, and assets of $18.8M.
- 2022: Revenue of $-752,178, expenses of $2.0M, and assets of $16.5M (revenue -104.3% year-over-year).
- 2021: Revenue of $17.5M, expenses of $3.2M, and assets of $19.5M (revenue +1064.4% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.1M, and assets of $5.6M (revenue +21.7% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.0M, and assets of $5.2M (revenue +80.7% year-over-year).
- 2015: Revenue of $685K, expenses of $566K, and assets of $2.5M (revenue -18.7% year-over-year).
- 2014: Revenue of $842K, expenses of $545K, and assets of $2.4M (revenue -19.2% year-over-year).
- 2013: Revenue of $1.0M, expenses of $763K, and assets of $2.1M (revenue +19.8% year-over-year).
- 2012: Revenue of $871K, expenses of $832K, and assets of $2.3M (revenue +53.7% year-over-year).
- 2011: Revenue of $566K, expenses of $968K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mark Family Foundation:
Data Sources and Methodology
This transparency report for Mark 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.