Martin De Porres Village Inc
Martin De Porres Village: Steady Growth, Strong Program Focus
EIN: 222335549 · Bloomfield, NJ · NTEE: L20 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $2.2M |
| Program Spending | 85% |
| Net Assets | $9.7M |
| Transparency Score | 85/100 |
Is Martin De Porres Village Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Martin De Porres Village Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Martin De Porres Village Inc
Martin De Porres Village Inc (EIN: 222335549) is a nonprofit organization based in Bloomfield, NJ, classified under NTEE code L20. The organization reported total revenue of $3.6M and total assets of $11.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Martin De Porres Village Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Martin De Porres Village Inc is a mid-size nonprofit that has been operating for 4 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 28.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$1.2M |
| Total Assets | $9.9M |
| Total Liabilities | $217K |
| Net Assets | $9.7M |
| Operating Margin | 35.4% |
| Debt-to-Asset Ratio | 2.2% |
| Months of Reserves | 53.9 months |
Financial Health Grade: A
In 2023, Martin De Porres Village Inc reported a surplus of $1.2M with revenue exceeding expenses, holds 53.9 months of operating reserves (strong position), has a debt-to-asset ratio of 2.2% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Martin De Porres Village Inc's revenue has grown at a compound annual growth rate (CAGR) of 28.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.4% | +5.6% | +14.7% |
| 2022 | +2.5% | -0.4% | +5.7% |
| 2021 | +2.2% | -3.4% | +4.7% |
| 2020 | +2.3% | -7.5% | +3.5% |
| 2019 | +1.8% | +7.1% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
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 De Porres Village Inc 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: 85%
- fundraising: 5%
According to IRS 990 filings, Martin De Porres Village 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.2%.
Executive Compensation Analysis
Without specific compensation figures for executives, a detailed assessment is not possible; however, the overall expense structure suggests a focus on program delivery.
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 De Porres Village Inc:
- Consistent revenue growth over the past several years, from $2,680,436 in 2016 to $3,405,189 in 2023.
- Strong asset growth, increasing from $7,144,966 in 2016 to $9,878,541 in 2023.
- Excellent liability reduction, demonstrating fiscal responsibility and improved financial health.
- High percentage of expenses dedicated to programs, indicating a strong commitment to its mission.
Frequently Asked Questions about Martin De Porres Village Inc
Is Martin De Porres Village Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Martin De Porres Village Inc (EIN: 222335549) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Martin De Porres Village Inc spend its money?
Martin De Porres Village Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Martin De Porres Village Inc tax-deductible?
Martin De Porres Village Inc is registered as a tax-exempt nonprofit (EIN: 222335549). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Martin De Porres Village Inc's spending goes to programs?
Martin De Porres Village Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Martin De Porres Village Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Martin De Porres Village Inc is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Martin De Porres Village Inc located?
Martin De Porres Village Inc is headquartered in Bloomfield, New Jersey and files with the IRS under EIN 222335549. It is classified under NTEE code L20.
How many years of IRS 990 filings does Martin De Porres Village Inc have?
Martin De Porres Village Inc 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 $3.6M in total revenue.
What does Martin De Porres Village Inc do?
Martin De Porres Village Inc is a nonprofit organization in the Housing & Shelter sector, located in Bloomfield, New Jersey. It is classified under NTEE code L20.
How much revenue does Martin De Porres Village Inc have?
Martin De Porres Village Inc reported total revenue of $3,608,312. Based on 14 IRS 990 filings on record.
What are Martin De Porres Village Inc's total assets?
Martin De Porres Village Inc holds total assets of $11,074,436 as reported in IRS 990 filings.
Where is Martin De Porres Village Inc located?
Martin De Porres Village Inc is based in Bloomfield, New Jersey.
What is Martin De Porres Village Inc's EIN?
Martin De Porres Village Inc's Employer Identification Number (EIN) is 222335549. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Martin De Porres Village Inc?
Martin De Porres Village Inc is classified under NTEE code L20 (Housing & Shelter).
Is Martin De Porres Village Inc a registered 501(c)(3)?
Yes, Martin De Porres Village Inc is recognized as a tax-exempt organization by the IRS. EIN: 222335549.
Does Martin De Porres Village Inc file IRS Form 990?
Yes, Martin De Porres Village Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Martin De Porres Village Inc's revenue in 2023?
In the 202312 filing period, Martin De Porres Village Inc reported total revenue of $3,405,189, total expenses of $2,199,901, and net assets of $9,878,541.
Is Martin De Porres Village Inc's revenue growing or declining?
Martin De Porres Village Inc's revenue is growing. Revenue went from $3,002,261 (202212) to $3,405,189 (202312), a +13.4% change. Based on 14 filings on record.
What is Martin De Porres Village Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Martin De Porres Village Inc covers tax period 202312. It shows revenue of $3,405,189, expenses of $2,199,901, total assets of $9,878,541, and liabilities of $217,052.
How much does Martin De Porres Village Inc spend on programs vs administration?
Based on IRS 990 analysis, Martin De Porres Village Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Martin De Porres Village Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Martin De Porres Village Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Martin De Porres Village Inc's strengths?
Positive indicators for Martin De Porres Village Inc include: Consistent revenue growth over the past several years, from $2,680,436 in 2016 to $3,405,189 in 2023.. Strong asset growth, increasing from $7,144,966 in 2016 to $9,878,541 in 2023.. Excellent liability reduction, demonstrating fiscal responsibility and improved financial health.. High percentage of expenses dedicated to programs, indicating a strong commitment to its mission.. These findings are derived from AI analysis of the organization's financial filings.
How does Martin De Porres Village Inc compensate executives?
Without specific compensation figures for executives, a detailed assessment is not possible; however, the overall expense structure suggests a focus on program delivery. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Martin De Porres Village Inc. managed to significantly reduce its liabilities while simultaneously growing its assets and revenue?
The consistent increase in revenue and assets, coupled with a steady expense structure, suggests effective financial planning and potentially successful fundraising or investment strategies that allowed for debt repayment without hindering growth. For example, liabilities dropped from $2,715,530 in 2016 to $217,052 in 2023, while revenue grew from $2,680,436 to $3,405,189 in the same period.
Filing History
IRS 990 filing history for Martin De Porres Village Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Martin De Porres Village Inc's revenue has grown by 2381.4%, moving from $137K to $3.4M. Total assets increased by 19.2% over the same period, from $8.3M to $9.9M. In its most recent filing year (2023), Martin De Porres Village Inc reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $217K in liabilities against $9.9M in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $9.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $2.2M | $9.9M | $217K | — | — |
| 2022 | $3.0M | $2.1M | $8.6M | $159K | — | View 990 |
| 2021 | $2.9M | $2.1M | $8.2M | $617K | — | View 990 |
| 2020 | $2.9M | $2.2M | $7.8M | $1.1M | — | — |
| 2019 | $2.8M | $2.3M | $7.5M | $1.5M | — | View 990 |
| 2018 | $2.8M | $2.2M | $7.5M | $1.9M | — | View 990 |
| 2017 | $2.7M | $2.1M | $7.3M | $2.3M | — | View 990 |
| 2016 | $2.7M | $2.0M | $7.1M | $2.7M | — | View 990 |
| 2015 | $2.6M | $2.1M | $6.8M | $3.1M | — | View 990 |
| 2014 | $2.6M | $2.1M | $6.7M | $3.4M | — | View 990 |
| 2013 | $469K | $0 | $6.6M | $3.7M | — | View 990 |
| 2012 | $440K | $0 | $6.4M | $4.1M | — | View 990 |
| 2011 | $263K | $0 | $7.2M | $5.4M | — | View 990 |
| 2010 | $137K | $0 | $8.3M | $6.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $2.2M, and assets of $9.9M (revenue +13.4% year-over-year).
- 2022: Revenue of $3.0M, expenses of $2.1M, and assets of $8.6M (revenue +2.5% year-over-year).
- 2021: Revenue of $2.9M, expenses of $2.1M, and assets of $8.2M (revenue +2.2% year-over-year).
- 2020: Revenue of $2.9M, expenses of $2.2M, and assets of $7.8M (revenue +2.3% year-over-year).
- 2019: Revenue of $2.8M, expenses of $2.3M, and assets of $7.5M (revenue +1.8% year-over-year).
- 2018: Revenue of $2.8M, expenses of $2.2M, and assets of $7.5M (revenue +1.1% year-over-year).
- 2017: Revenue of $2.7M, expenses of $2.1M, and assets of $7.3M (revenue +1.5% year-over-year).
- 2016: Revenue of $2.7M, expenses of $2.0M, and assets of $7.1M (revenue +2.2% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.1M, and assets of $6.8M (revenue +1.2% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.1M, and assets of $6.7M (revenue +452.1% year-over-year).
- 2013: Revenue of $469K, expenses of $0, and assets of $6.6M (revenue +6.7% year-over-year).
- 2012: Revenue of $440K, expenses of $0, and assets of $6.4M (revenue +67.5% year-over-year).
- 2011: Revenue of $263K, expenses of $0, and assets of $7.2M (revenue +91.3% year-over-year).
- 2010: Revenue of $137K, expenses of $0, and assets of $8.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Martin De Porres Village Inc:
Data Sources and Methodology
This transparency report for Martin De Porres Village 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.