Marshall Gates Foundation
EIN: 770623253 · Sandy, UT · NTEE: N63
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $1.1M |
| Net Assets | $11.0M |
Is Marshall Gates Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Marshall Gates Foundation
Marshall Gates Foundation (EIN: 770623253) is a nonprofit organization based in Sandy, UT, classified under NTEE code N63. The organization reported total revenue of $3.6M and total assets of $10.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marshall Gates Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marshall Gates Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $11.0M |
| Total Liabilities | $6K |
| Net Assets | $11.0M |
| Operating Margin | 49.9% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 117.4 months |
Financial Health Grade: A
In 2023, Marshall Gates Foundation reported a surplus of $1.1M with revenue exceeding expenses, holds 117.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Marshall Gates Foundation's revenue has declined at a compound annual growth rate (CAGR) of -5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1889.3% | +27.1% | +11.3% |
| 2022 | -96.5% | +26.9% | -7.2% |
| 2021 | +627.6% | +90.1% | +30.1% |
| 2020 | +24.1% | -42.0% | +1.0% |
| 2019 | +46.0% | -4.4% | -10.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Marshall Gates 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 Marshall Gates 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 surplus of $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Marshall Gates Foundation
Is Marshall Gates Foundation a legitimate charity?
Marshall Gates Foundation (EIN: 770623253) is a registered tax-exempt nonprofit based in Utah. It has 10 years of IRS 990 filings on record. Total revenue: $3.6M. No red flags identified. Financial health grade: A.
How does Marshall Gates Foundation spend its money?
Marshall Gates Foundation reported $3.6M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Marshall Gates Foundation tax-deductible?
Marshall Gates Foundation is registered as a tax-exempt nonprofit (EIN: 770623253). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Marshall Gates Foundation located?
Marshall Gates Foundation is headquartered in Sandy, Utah and files with the IRS under EIN 770623253. It is classified under NTEE code N63.
How many years of IRS 990 filings does Marshall Gates Foundation have?
Marshall Gates 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 $3.6M in total revenue.
Filing History
IRS 990 filing history for Marshall Gates Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Marshall Gates Foundation's revenue has declined by 46.4%, moving from $4.2M to $2.3M. Total assets decreased by 37% over the same period, from $17.5M to $11.0M. Total functional expenses rose by 16.1%, from $972K to $1.1M. In its most recent filing year (2023), Marshall Gates Foundation reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $6K in liabilities against $11.0M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $11.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $1.1M | $11.0M | $6K | — | — |
| 2022 | $113K | $887K | $9.9M | $5K | — | View 990 |
| 2021 | $3.3M | $699K | $10.7M | $5K | — | View 990 |
| 2020 | $451K | $368K | $8.2M | $4K | — | View 990 |
| 2019 | $363K | $634K | $8.1M | $3K | — | View 990 |
| 2015 | $249K | $663K | $9.1M | $3K | — | View 990 |
| 2014 | $871K | $494K | $9.5M | $28K | — | View 990 |
| 2013 | $2.7M | $1.4M | $11.1M | $3K | — | View 990 |
| 2012 | $3.1M | $1.6M | $19.0M | $3K | — | View 990 |
| 2011 | $4.2M | $972K | $17.5M | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $1.1M, and assets of $11.0M (revenue +1889.3% year-over-year).
- 2022: Revenue of $113K, expenses of $887K, and assets of $9.9M (revenue -96.5% year-over-year).
- 2021: Revenue of $3.3M, expenses of $699K, and assets of $10.7M (revenue +627.6% year-over-year).
- 2020: Revenue of $451K, expenses of $368K, and assets of $8.2M (revenue +24.1% year-over-year).
- 2019: Revenue of $363K, expenses of $634K, and assets of $8.1M (revenue +46.0% year-over-year).
- 2015: Revenue of $249K, expenses of $663K, and assets of $9.1M (revenue -71.5% year-over-year).
- 2014: Revenue of $871K, expenses of $494K, and assets of $9.5M (revenue -67.2% year-over-year).
- 2013: Revenue of $2.7M, expenses of $1.4M, and assets of $11.1M (revenue -15.3% year-over-year).
- 2012: Revenue of $3.1M, expenses of $1.6M, and assets of $19.0M (revenue -25.3% year-over-year).
- 2011: Revenue of $4.2M, expenses of $972K, and assets of $17.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marshall Gates Foundation:
Data Sources and Methodology
This transparency report for Marshall Gates 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.