Martin And Doll Hunt Family Foundation
Martin And Doll Hunt Family Foundation maintains low liabilities and zero officer compensation amidst volatile revenue.
EIN: 20629405 · Nashville, TN · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $305K |
| Total Expenses | $74K |
| Program Spending | 90% |
| Net Assets | $820K |
| Transparency Score | 85/100 |
Is Martin And Doll Hunt Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Martin And Doll Hunt Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Martin And Doll Hunt Family Foundation
Martin And Doll Hunt Family Foundation (EIN: 20629405) is a nonprofit organization based in Nashville, TN, classified under NTEE code T22. The organization reported total revenue of $305K and total assets of $790K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Martin And Doll Hunt Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Martin And Doll Hunt Family Foundation is a small nonprofit that has been operating for 24 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $39K |
| Total Expenses | $74K |
| Surplus / Deficit | $-34,913 |
| Total Assets | $820K |
| Total Liabilities | $1 |
| Net Assets | $820K |
| Operating Margin | -89.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 132.9 months |
Financial Health Grade: B
In 2023, Martin And Doll Hunt Family Foundation reported a deficit of $35K with expenses exceeding revenue, holds 132.9 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), Martin And Doll Hunt Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -100.9% | +218.9% | -9.7% |
| 2021 | +5735.9% | +36.1% | +311.2% |
| 2020 | +53.8% | +2.3% | -0.9% |
| 2019 | +640.7% | +4.2% | -5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Martin And Doll Hunt Family Foundation with a Mission Score of 85 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: 90%
- fundraising: 0%
According to IRS 990 filings, Martin And Doll Hunt Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 deficit of $35K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or directors are compensated by the foundation, which is a strong positive for financial efficiency.
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.
Strengths
The following positive indicators were identified for Martin And Doll Hunt Family Foundation:
- Consistent 0% officer compensation across all filings, indicating high efficiency in leadership costs.
- Extremely low liabilities ($1 across all filings), demonstrating strong financial health and minimal debt.
- Consistent IRS 990 filing history (10 filings), indicating good transparency and compliance.
- Healthy asset base ($789,738 latest, $820,033 in 2023) relative to annual expenses, providing financial stability.
Frequently Asked Questions about Martin And Doll Hunt Family Foundation
Is Martin And Doll Hunt Family Foundation a legitimate charity?
Martin And Doll Hunt Family Foundation (EIN: 20629405) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $305K. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Martin And Doll Hunt Family Foundation spend its money?
Martin And Doll Hunt Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Martin And Doll Hunt Family Foundation tax-deductible?
Martin And Doll Hunt Family Foundation is registered as a tax-exempt nonprofit (EIN: 20629405). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Martin And Doll Hunt Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Martin And Doll Hunt Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Martin And Doll Hunt Family Foundation located?
Martin And Doll Hunt Family Foundation is headquartered in Nashville, Tennessee and files with the IRS under EIN 20629405. It is classified under NTEE code T22.
How many years of IRS 990 filings does Martin And Doll Hunt Family Foundation have?
Martin And Doll Hunt 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 $305K in total revenue.
What is the primary cause or type of organizations the Martin And Doll Hunt Family Foundation supports through its grants?
As a Private Grantmaking Foundation (NTEE T22), its primary activity is making grants, but the specific beneficiaries or causes are not detailed in the provided financial summary.
How does the foundation manage its investments, given the significant fluctuations in annual revenue?
The substantial revenue swings, such as $1,052,671 in 2021 and $-9,317 in 2022, suggest a reliance on investment performance, but the specific investment strategy is not disclosed in the provided data.
What are the specific expense categories beyond program grants?
While officer compensation is 0%, the detailed breakdown of other administrative or operational expenses is not provided in this summary.
Filing History
IRS 990 filing history for Martin And Doll Hunt Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Martin And Doll Hunt Family Foundation's revenue has grown by 13.5%, moving from $34K to $39K. Total assets increased by 278.9% over the same period, from $216K to $820K. Total functional expenses rose by 542.2%, from $12K to $74K. In its most recent filing year (2023), Martin And Doll Hunt Family Foundation reported a deficit of $35K, with expenses exceeding revenue. The organization holds $1 in liabilities against $820K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $820K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $39K | $74K | $820K | $1 | — | — |
| 2022 | $-9,317 | $88K | $852K | $1 | — | View 990 |
| 2021 | $1.1M | $27K | $943K | $1 | — | — |
| 2020 | $18K | $20K | $229K | $1 | — | — |
| 2019 | $12K | $20K | $231K | $1 | — | View 990 |
| 2015 | $2K | $19K | $244K | $1 | — | View 990 |
| 2014 | $15K | $11K | $261K | $1 | — | View 990 |
| 2013 | $12K | $3K | $257K | $1 | — | View 990 |
| 2012 | $44K | $13K | $248K | $1 | — | View 990 |
| 2011 | $34K | $12K | $216K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $39K, expenses of $74K, and assets of $820K.
- 2022: Revenue of $-9,317, expenses of $88K, and assets of $852K (revenue -100.9% year-over-year).
- 2021: Revenue of $1.1M, expenses of $27K, and assets of $943K (revenue +5735.9% year-over-year).
- 2020: Revenue of $18K, expenses of $20K, and assets of $229K (revenue +53.8% year-over-year).
- 2019: Revenue of $12K, expenses of $20K, and assets of $231K (revenue +640.7% year-over-year).
- 2015: Revenue of $2K, expenses of $19K, and assets of $244K (revenue -89.1% year-over-year).
- 2014: Revenue of $15K, expenses of $11K, and assets of $261K (revenue +19.9% year-over-year).
- 2013: Revenue of $12K, expenses of $3K, and assets of $257K (revenue -72.6% year-over-year).
- 2012: Revenue of $44K, expenses of $13K, and assets of $248K (revenue +28.9% year-over-year).
- 2011: Revenue of $34K, expenses of $12K, and assets of $216K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Martin And Doll Hunt Family Foundation:
Data Sources and Methodology
This transparency report for Martin And Doll Hunt 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.