Marshall Square Investment Groupinc
Marshall Square Investment Groupinc maintains substantial assets but shows inconsistent expense reporting and significant liability fluctuations.
EIN: 204349535 · El Segundo, CA · NTEE: S47 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.2M |
| Total Expenses | $6.2M |
| Program Spending | 70% |
| Net Assets | $133.3M |
| Transparency Score | 65/100 |
Search Intent Cockpit
Marshall Square Investment Groupinc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Marshall Square Investment Groupinc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Marshall Square Investment Groupinc in one place.
Form 990 Filing Summary
14 filing years are available, with latest revenue of $8.1M and expenses of $6.2M.
Revenue and Expenses
Marshall Square Investment Groupinc reported $8.1M in revenue and $6.2M in expenses, a surplus of $1.9M.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
65/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.
Is Marshall Square Investment Groupinc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $4.4M (70%) |
Across stored filings, Marshall Square Investment Groupinc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade A | 14 stored filing years |
| Peer context | Compare with Butte County Fire Safe Council | California and Community Improvement context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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Local and Sector Spokes
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El Segundo, CA nonprofitsCommunity Improvement in California
Public Benefit in California
Follow the Money
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Next Best Actions
Keep the Investigation Moving
Marshall Square Investment Groupinc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Marshall Square Investment Groupinc
Marshall Square Investment Groupinc (EIN: 204349535) is a nonprofit organization based in El Segundo, CA, classified under NTEE code S47. The organization reported total revenue of $8.2M and total assets of $105.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marshall Square Investment Groupinc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marshall Square Investment Groupinc is a mid-size nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 16.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.1M |
| Total Expenses | $6.2M |
| Surplus / Deficit | +$1.9M |
| Total Assets | $134.0M |
| Total Liabilities | $705K |
| Net Assets | $133.3M |
| Operating Margin | 23.4% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 258.2 months |
Financial Health Grade: A
In 2023, Marshall Square Investment Groupinc reported a surplus of $1.9M with revenue exceeding expenses, holds 258.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Marshall Square Investment Groupinc's revenue has grown at a compound annual growth rate (CAGR) of 16.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | -3.9% | -21.1% |
| 2022 | +1.0% | +49.3% | -4.6% |
| 2021 | -23.4% | +0.4% | +12.3% |
| 2020 | -1.4% | +0.2% | -6.7% |
| 2019 | +14.6% | +6.5% | +6.4% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Marshall Square Investment Groupinc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Marshall Square Investment Groupinc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, suggesting either a fully volunteer executive team or that compensation is reported under other expense categories, which could obscure a complete picture of executive remuneration.
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 Marshall Square Investment Groupinc's IRS 990 filings:
- Reported $0 expenses in multiple fiscal periods (2014-2016) despite having revenue.
- Extreme fluctuations in liabilities over recent years (e.g., $27M to $89M to $0.7M from 2021-2023).
- Lack of reported officer compensation across all filings, which could indicate a lack of transparency if compensation is simply reclassified.
Strengths
The following positive indicators were identified for Marshall Square Investment Groupinc:
- Consistent and substantial revenue stream, averaging over $8 million in recent years.
- Strong asset base, consistently over $100 million, indicating financial stability.
- Positive net assets, with assets significantly exceeding liabilities in most periods, particularly in 2023.
Frequently Asked Questions about Marshall Square Investment Groupinc
Is Marshall Square Investment Groupinc a legitimate charity?
Marshall Square Investment Groupinc (EIN: 204349535) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 65/100. It has 14 years of IRS 990 filings on record. Total revenue: $8.2M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Marshall Square Investment Groupinc spend its money?
Marshall Square Investment Groupinc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Marshall Square Investment Groupinc tax-deductible?
Marshall Square Investment Groupinc is registered as a tax-exempt nonprofit (EIN: 204349535). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Marshall Square Investment Groupinc's spending goes to programs?
Marshall Square Investment Groupinc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Marshall Square Investment Groupinc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Marshall Square Investment Groupinc is above average for NTEE category S47 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Marshall Square Investment Groupinc located?
Marshall Square Investment Groupinc is headquartered in El Segundo, California and files with the IRS under EIN 204349535. It is classified under NTEE code S47.
How many years of IRS 990 filings does Marshall Square Investment Groupinc have?
Marshall Square Investment Groupinc has 14 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 $8.2M in total revenue.
Why were expenses reported as $0 in several earlier fiscal periods (2014-2016)?
The IRS 990 filings for periods 201412, 201512, and 201612 all report $0 in expenses, which is highly unusual for an organization with reported revenue during those years. This could indicate incomplete reporting or specific accounting practices that require further clarification from the organization's full filings.
What caused the significant fluctuation in liabilities from $27 million in 2021 to $89 million in 2022 and then to $704,605 in 2023?
The dramatic changes in liabilities, particularly the increase by over $60 million in 2022 and subsequent decrease by nearly $89 million in 2023, are significant and warrant detailed examination of the organization's financial statements to understand the nature of these liabilities and their resolution.
How does Marshall Square Investment Groupinc allocate its expenses between program services, administration, and fundraising?
The provided summary data does not offer a detailed breakdown of expenses. Without this information, it is challenging to assess the organization's spending efficiency and how much of its budget directly supports its mission-related activities versus overhead.
Filing History
IRS 990 filing history for Marshall Square Investment Groupinc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Marshall Square Investment Groupinc's revenue has grown by 624.3%, moving from $1.1M to $8.1M. Total assets increased by 363% over the same period, from $28.9M to $134.0M. In its most recent filing year (2023), Marshall Square Investment Groupinc reported a surplus of $1.9M, with revenue exceeding expenses. The organization holds $705K in liabilities against $134.0M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $133.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.1M | $6.2M | $134.0M | $705K | — | — |
| 2022 | $8.1M | $6.5M | $169.8M | $89.5M | — | View 990 |
| 2021 | $8.1M | $4.3M | $178.0M | $27.3M | — | View 990 |
| 2020 | $10.5M | $4.3M | $158.6M | $26.7M | — | — |
| 2019 | $10.7M | $4.3M | $170.0M | $26.9M | — | View 990 |
| 2018 | $9.3M | $4.0M | $159.7M | $27.9M | — | View 990 |
| 2017 | $7.8M | $3.9M | $138.1M | $28.3M | — | View 990 |
| 2016 | $3.2M | $0 | $121.8M | $28.8M | — | View 990 |
| 2015 | $953K | $0 | $130.7M | $29.7M | — | View 990 |
| 2014 | $1.8M | $0 | $86.7M | $29.6M | — | View 990 |
| 2013 | $2.3M | $0 | $65.7M | $30.2M | — | View 990 |
| 2012 | $1.8M | $0 | $59.7M | $412K | — | View 990 |
| 2011 | $435K | $0 | $45.2M | $1.2M | — | View 990 |
| 2010 | $1.1M | $0 | $28.9M | $273K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.1M, expenses of $6.2M, and assets of $134.0M (revenue +0.0% year-over-year).
- 2022: Revenue of $8.1M, expenses of $6.5M, and assets of $169.8M (revenue +1.0% year-over-year).
- 2021: Revenue of $8.1M, expenses of $4.3M, and assets of $178.0M (revenue -23.4% year-over-year).
- 2020: Revenue of $10.5M, expenses of $4.3M, and assets of $158.6M (revenue -1.4% year-over-year).
- 2019: Revenue of $10.7M, expenses of $4.3M, and assets of $170.0M (revenue +14.6% year-over-year).
- 2018: Revenue of $9.3M, expenses of $4.0M, and assets of $159.7M (revenue +19.6% year-over-year).
- 2017: Revenue of $7.8M, expenses of $3.9M, and assets of $138.1M (revenue +139.5% year-over-year).
- 2016: Revenue of $3.2M, expenses of $0, and assets of $121.8M (revenue +240.5% year-over-year).
- 2015: Revenue of $953K, expenses of $0, and assets of $130.7M (revenue -45.6% year-over-year).
- 2014: Revenue of $1.8M, expenses of $0, and assets of $86.7M (revenue -24.8% year-over-year).
- 2013: Revenue of $2.3M, expenses of $0, and assets of $65.7M (revenue +32.1% year-over-year).
- 2012: Revenue of $1.8M, expenses of $0, and assets of $59.7M (revenue +305.9% year-over-year).
- 2011: Revenue of $435K, expenses of $0, and assets of $45.2M (revenue -61.3% year-over-year).
- 2010: Revenue of $1.1M, expenses of $0, and assets of $28.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marshall Square Investment Groupinc:
Data Sources and Methodology
This transparency report for Marshall Square Investment Groupinc 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.