Marnitas Table Inc

Marnitas Table Inc consistently operates with over $1 million in annual revenue, showing prudent financial management with no reported officer compensation.

EIN: 204045171 · Minneapolis, MN · NTEE: B60 · Updated: 2026-03-28

$787KRevenue

$186KAssets

90/100Mission Score (Excellent)

B60

About Marnitas Table Inc

Marnitas Table Inc (EIN: 204045171) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code B60. The organization reported total revenue of $787K and total assets of $186K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marnitas Table Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Marnitas Table Inc demonstrates a generally stable financial position, with revenues consistently exceeding $1 million in recent years (e.g., $1,108,944 in 2023 and $1,075,750 in 2022). The organization has shown a pattern of managing expenses close to its revenue, with a positive net in 2023 ($1,108,944 revenue vs. $993,863 expenses) and 2021 ($1,288,118 revenue vs. $1,220,805 expenses), though some years like 2022 saw expenses exceed revenue. Their asset base has fluctuated, reaching a high of $594,991 in 2020 but settling at $276,181 in 2023, indicating a moderate level of financial reserves. The consistent reporting of 0% officer compensation across all filings suggests a strong commitment to directing funds towards programs and operational needs rather than executive salaries, enhancing their transparency and public trust. The organization's liabilities have also varied, with a notable increase to $161,536 in 2023, which warrants monitoring but is not immediately alarming given their asset base.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Marnitas Table Inc with a Mission Score of 90 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Marnitas Table Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no salaries were paid to officers, which is highly unusual for an organization of this size and suggests either a volunteer-led executive team or compensation is categorized differently, warranting further investigation for full transparency.

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 Marnitas Table Inc's IRS 990 filings:

Consistent 0% officer compensation may indicate executive compensation is reported in other categories, potentially obscuring true administrative costs, or that the organization is entirely volunteer-led at the executive level, which is unusual for its scale.
Fluctuations in liabilities, reaching $161,536 in 2023, warrant monitoring to ensure they remain manageable relative to assets.

Strengths

The following positive indicators were identified for Marnitas Table Inc:

Consistent revenue generation, exceeding $1 million in recent years, demonstrates strong fundraising capabilities.
No reported officer compensation indicates a high dedication to directing funds towards programmatic activities.
Positive net income in multiple years (e.g., 2023, 2021, 2018, 2017, 2014) shows effective financial management.
Steady growth in revenue over the past decade, from $322,481 in 2014 to over $1.1 million in 2023.

Frequently Asked Questions about Marnitas Table Inc

Is Marnitas Table Inc a good charity?

Based on the available data, Marnitas Table Inc appears to be a well-managed charity with consistent revenue streams and a strong commitment to its mission, evidenced by 0% officer compensation. Their financial stability and apparent focus on program delivery are positive indicators.

How has Marnitas Table Inc's revenue trended over time?

Marnitas Table Inc has shown significant growth, with revenue increasing from $322,481 in 2014 to over $1 million annually in recent years, reaching $1,108,944 in 2023.

What is the organization's financial stability?

The organization demonstrates reasonable financial stability, with assets of $276,181 and liabilities of $161,536 in 2023. While there have been years where expenses exceeded revenue (e.g., 2022), they generally maintain a healthy balance.

Does Marnitas Table Inc pay its executives?

According to the IRS 990 filings, Marnitas Table Inc reports 0% officer compensation for all periods, suggesting that executives are either unpaid volunteers or their compensation is reported under other expense categories.

Filing History

IRS 990 filing history for Marnitas Table Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Marnitas Table Inc's revenue has grown by 529.7%, moving from $176K to $1.1M. Total assets increased by 1719% over the same period, from $15K to $276K. Total functional expenses rose by 463.2%, from $176K to $994K. In its most recent filing year (2023), Marnitas Table Inc reported a surplus of $115K, with revenue exceeding expenses. The organization holds $162K in liabilities against $276K in assets (debt-to-asset ratio: 58.5%), resulting in net assets of $115K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.1M	$994K	$276K	$162K	—	—
2022	$1.1M	$1.3M	$174K	$175K	—	View 990
2021	$1.3M	$1.2M	$529K	$307K	—	View 990
2020	$1.1M	$1.1M	$595K	$440K	—	—
2019	$853K	$923K	$253K	$31K	—	View 990
2018	$946K	$881K	$333K	$42K	—	View 990
2017	$935K	$746K	$238K	$12K	—	View 990
2016	$745K	$784K	$67K	$29K	—	View 990
2015	$603K	$607K	$80K	$4K	—	View 990
2014	$322K	$246K	$88K	$8K	—	View 990
2013	$143K	$141K	$4K	$38	—	View 990
2012	$262K	$260K	$7K	$4K	—	View 990
2011	$176K	$176K	$15K	$13K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.1M, expenses of $994K, and assets of $276K (revenue +3.1% year-over-year).
2022: Revenue of $1.1M, expenses of $1.3M, and assets of $174K (revenue -16.5% year-over-year).
2021: Revenue of $1.3M, expenses of $1.2M, and assets of $529K (revenue +21.2% year-over-year).
2020: Revenue of $1.1M, expenses of $1.1M, and assets of $595K (revenue +24.5% year-over-year).
2019: Revenue of $853K, expenses of $923K, and assets of $253K (revenue -9.8% year-over-year).
2018: Revenue of $946K, expenses of $881K, and assets of $333K (revenue +1.1% year-over-year).
2017: Revenue of $935K, expenses of $746K, and assets of $238K (revenue +25.6% year-over-year).
2016: Revenue of $745K, expenses of $784K, and assets of $67K (revenue +23.4% year-over-year).
2015: Revenue of $603K, expenses of $607K, and assets of $80K (revenue +87.1% year-over-year).
2014: Revenue of $322K, expenses of $246K, and assets of $88K (revenue +125.9% year-over-year).
2013: Revenue of $143K, expenses of $141K, and assets of $4K (revenue -45.4% year-over-year).
2012: Revenue of $262K, expenses of $260K, and assets of $7K (revenue +48.5% year-over-year).
2011: Revenue of $176K, expenses of $176K, and assets of $15K.

Data Sources and Methodology

This transparency report for Marnitas Table 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.