Marthas Foundation
EIN: 463138284 · Tulsa, OK · NTEE: P42
| Metric | Value |
|---|---|
| Total Revenue | $367K |
| Total Expenses | $209K |
| Net Assets | $128K |
Is Marthas Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Marthas Foundation
Marthas Foundation (EIN: 463138284) is a nonprofit organization based in Tulsa, OK, classified under NTEE code P42. The organization reported total revenue of $367K and total assets of $190K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marthas Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marthas Foundation is a small nonprofit that has been operating for 11 years, with 11 years of IRS 990 filings on record (2013–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $295K |
| Total Expenses | $209K |
| Surplus / Deficit | +$86K |
| Total Assets | $140K |
| Total Liabilities | $12K |
| Net Assets | $128K |
| Operating Margin | 29.0% |
| Debt-to-Asset Ratio | 8.6% |
| Months of Reserves | 8.0 months |
Financial Health Grade: A
In 2023, Marthas Foundation reported a surplus of $86K with revenue exceeding expenses, holds 8.0 months of operating reserves (strong position), has a debt-to-asset ratio of 8.6% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +94.4% | +6.8% | +207.6% |
| 2022 | +89.2% | +24.5% | -49.2% |
| 2021 | +301.4% | +502.5% | -46.1% |
| 2020 | -45.5% | +299.2% | -3.6% |
| 2019 | +53.1% | -32.8% | +21.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Marthas 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 Marthas 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 $86K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.6%.
Frequently Asked Questions about Marthas Foundation
Is Marthas Foundation a legitimate charity?
Marthas Foundation (EIN: 463138284) is a registered tax-exempt nonprofit based in Oklahoma. It has 11 years of IRS 990 filings on record. Total revenue: $367K. No red flags identified. Financial health grade: A.
How does Marthas Foundation spend its money?
Marthas Foundation reported $367K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Marthas Foundation tax-deductible?
Marthas Foundation is registered as a tax-exempt nonprofit (EIN: 463138284). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Marthas Foundation located?
Marthas Foundation is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 463138284. It is classified under NTEE code P42.
How many years of IRS 990 filings does Marthas Foundation have?
Marthas Foundation has 11 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 $367K in total revenue.
Filing History
IRS 990 filing history for Marthas Foundation showing financial trends over 11 years of public records:
Total assets increased by 14027400% over the same period, from $1 to $140K. In its most recent filing year (2023), Marthas Foundation reported a surplus of $86K, with revenue exceeding expenses. The organization holds $12K in liabilities against $140K in assets (debt-to-asset ratio: 8.6%), resulting in net assets of $128K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $295K | $209K | $140K | $12K | — | — |
| 2022 | $152K | $196K | $46K | $0 | — | View 990 |
| 2021 | $80K | $157K | $90K | $0 | — | View 990 |
| 2020 | $20K | $26K | $167K | $0 | — | — |
| 2019 | $37K | $7K | $173K | $0 | — | View 990 |
| 2018 | $24K | $10K | $143K | $0 | — | View 990 |
| 2017 | $119K | $47K | $129K | $0 | — | — |
| 2016 | $52K | $852 | $56K | $0 | — | View 990 |
| 2015 | $4K | $616 | $6K | $0 | — | View 990 |
| 2014 | $4K | $0 | $3K | $0 | — | View 990 |
| 2013 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $295K, expenses of $209K, and assets of $140K (revenue +94.4% year-over-year).
- 2022: Revenue of $152K, expenses of $196K, and assets of $46K (revenue +89.2% year-over-year).
- 2021: Revenue of $80K, expenses of $157K, and assets of $90K (revenue +301.4% year-over-year).
- 2020: Revenue of $20K, expenses of $26K, and assets of $167K (revenue -45.5% year-over-year).
- 2019: Revenue of $37K, expenses of $7K, and assets of $173K (revenue +53.1% year-over-year).
- 2018: Revenue of $24K, expenses of $10K, and assets of $143K (revenue -79.9% year-over-year).
- 2017: Revenue of $119K, expenses of $47K, and assets of $129K (revenue +128.2% year-over-year).
- 2016: Revenue of $52K, expenses of $852, and assets of $56K (revenue +1355.5% year-over-year).
- 2015: Revenue of $4K, expenses of $616, and assets of $6K (revenue +2.2% year-over-year).
- 2014: Revenue of $4K, expenses of $0, and assets of $3K.
- 2013: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marthas Foundation:
Data Sources and Methodology
This transparency report for Marthas 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.