Martin S Paine Foundation
Martin S Paine Foundation consistently expends more than annual revenue, drawing from its $18M asset base with no reported officer compensation.
EIN: 136074009 · Dallas, TX · NTEE: T90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $953K |
| Program Spending | 90% |
| Net Assets | $18.3M |
| Transparency Score | 85/100 |
Is Martin S Paine Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Martin S Paine Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Martin S Paine Foundation
Martin S Paine Foundation (EIN: 136074009) is a nonprofit organization based in Dallas, TX, classified under NTEE code T90. The organization reported total revenue of $3.8M and total assets of $18.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Martin S Paine Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Martin S Paine Foundation is a mid-size nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $444K |
| Total Expenses | $953K |
| Surplus / Deficit | $-508,875 |
| Total Assets | $18.3M |
| Total Liabilities | $1 |
| Net Assets | $18.3M |
| Operating Margin | -114.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 230.7 months |
Financial Health Grade: B
In 2023, Martin S Paine Foundation reported a deficit of $509K with expenses exceeding revenue, holds 230.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -114.2% | +8.9% | -6.6% |
| 2021 | +220.8% | -2.2% | +15.7% |
| 2020 | +48.8% | +31.5% | +0.2% |
| 2019 | +68.0% | -5.5% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 S Paine 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 S Paine 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 $509K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Martin S Paine Foundation consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid, compensated through an affiliated entity, or that the foundation operates with a volunteer-based leadership structure, which is highly efficient for a foundation of its size.
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 Martin S Paine Foundation's IRS 990 filings:
- Consistent negative or low revenue relative to expenses in several years (e.g., 2022 revenue of $-536,960 against $1,333,203 expenses), indicating reliance on asset drawdowns.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes precise spending efficiency analysis difficult.
Strengths
The following positive indicators were identified for Martin S Paine Foundation:
- Substantial and stable asset base (approximately $18 million) provides long-term financial security.
- No reported officer compensation across all filings, indicating highly efficient administrative spending.
- Minimal liabilities ($0 or $1) consistently reported, reflecting strong financial health and low risk.
- Consistent grantmaking activity, with annual expenses typically exceeding $900,000, demonstrating active philanthropic distribution.
Frequently Asked Questions about Martin S Paine Foundation
Is Martin S Paine Foundation a legitimate charity?
Martin S Paine Foundation (EIN: 136074009) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.8M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Martin S Paine Foundation spend its money?
Martin S Paine Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Martin S Paine Foundation tax-deductible?
Martin S Paine Foundation is registered as a tax-exempt nonprofit (EIN: 136074009). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Martin S Paine Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Martin S Paine Foundation is above average for NTEE category T90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Martin S Paine Foundation located?
Martin S Paine Foundation is headquartered in Dallas, Texas and files with the IRS under EIN 136074009. It is classified under NTEE code T90.
How many years of IRS 990 filings does Martin S Paine Foundation have?
Martin S Paine 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 $3.8M in total revenue.
Is the Martin S Paine Foundation financially stable?
Yes, despite often spending more than its annual revenue, the foundation is financially stable due to its substantial asset base, which has consistently been around $18 million over the past decade. For example, in 2023, assets were $18,324,826.
How does the foundation manage its expenses relative to its income?
The foundation frequently expends more than its annual revenue, as seen in 2023 ($953,349 expenses vs. $444,474 revenue) and 2022 ($1,333,203 expenses vs. $-536,960 revenue). This indicates it operates by distributing funds from its endowment rather than relying solely on annual contributions.
Does the foundation pay its officers?
No officer compensation is reported in any of the available IRS 990 filings, suggesting a volunteer-led structure or compensation handled outside of direct officer compensation reporting on the 990.
What is the trend in the foundation's assets?
The foundation's assets have remained remarkably stable over the past decade, generally fluctuating between $17 million and $20 million, with the latest reported assets at $18,913,718, indicating sound long-term financial management.
Filing History
IRS 990 filing history for Martin S Paine Foundation showing financial trends over 10 years of public records:
Total assets increased by 41.7% over the same period, from $12.9M to $18.3M. Total functional expenses rose by 6.5%, from $895K to $953K. In its most recent filing year (2023), Martin S Paine Foundation reported a deficit of $509K, with expenses exceeding revenue. The organization holds $1 in liabilities against $18.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $18.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $444K | $953K | $18.3M | $1 | — | — |
| 2022 | $-536,960 | $1.3M | $18.8M | $1 | — | View 990 |
| 2021 | $3.8M | $1.2M | $20.1M | $1 | — | View 990 |
| 2020 | $1.2M | $1.3M | $17.4M | $1 | — | — |
| 2019 | $791K | $952K | $17.4M | $1 | — | — |
| 2015 | $470K | $1.0M | $17.2M | $0 | — | View 990 |
| 2014 | $2.0M | $1.1M | $17.6M | $0 | — | View 990 |
| 2013 | $1.0M | $1.0M | $16.4M | $0 | — | View 990 |
| 2012 | $4.4M | $879K | $16.4M | $0 | — | View 990 |
| 2011 | $-736,047 | $895K | $12.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $444K, expenses of $953K, and assets of $18.3M.
- 2022: Revenue of $-536,960, expenses of $1.3M, and assets of $18.8M (revenue -114.2% year-over-year).
- 2021: Revenue of $3.8M, expenses of $1.2M, and assets of $20.1M (revenue +220.8% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.3M, and assets of $17.4M (revenue +48.8% year-over-year).
- 2019: Revenue of $791K, expenses of $952K, and assets of $17.4M (revenue +68.0% year-over-year).
- 2015: Revenue of $470K, expenses of $1.0M, and assets of $17.2M (revenue -76.5% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.1M, and assets of $17.6M (revenue +94.3% year-over-year).
- 2013: Revenue of $1.0M, expenses of $1.0M, and assets of $16.4M (revenue -76.4% year-over-year).
- 2012: Revenue of $4.4M, expenses of $879K, and assets of $16.4M.
- 2011: Revenue of $-736,047, expenses of $895K, and assets of $12.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Martin S Paine Foundation:
Data Sources and Methodology
This transparency report for Martin S Paine 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.