Martinsville Giving Nest Inc
Martinsville Giving Nest Inc shows consistent revenue growth and no reported executive compensation.
EIN: 20693987 · Watchung, NJ · NTEE: B21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $1.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $861K |
| Transparency Score | 92/100 |
Is Martinsville Giving Nest Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Martinsville Giving Nest Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Martinsville Giving Nest Inc
Martinsville Giving Nest Inc (EIN: 20693987) is a nonprofit organization based in Watchung, NJ, classified under NTEE code B21. The organization reported total revenue of $2.2M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Martinsville Giving Nest Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Martinsville Giving Nest Inc is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$427K |
| Total Assets | $1.0M |
| Total Liabilities | $156K |
| Net Assets | $861K |
| Operating Margin | 21.5% |
| Debt-to-Asset Ratio | 15.3% |
| Months of Reserves | 7.8 months |
Financial Health Grade: A
In 2023, Martinsville Giving Nest Inc reported a surplus of $427K with revenue exceeding expenses, holds 7.8 months of operating reserves (strong position), has a debt-to-asset ratio of 15.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Martinsville Giving Nest Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.4% | +8.4% | +51.2% |
| 2022 | +22.3% | +2.9% | +80.4% |
| 2021 | +59.8% | +50.3% | -3.5% |
| 2020 | -41.8% | -38.9% | -25.7% |
| 2019 | -17.1% | -9.3% | -20.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Martinsville Giving Nest Inc with a Mission Score of 92 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Martinsville Giving Nest Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 surplus of $427K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.3%.
Executive Compensation Analysis
Martinsville Giving Nest Inc reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for an organization of its size with recent revenues nearing $2 million.
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 Martinsville Giving Nest Inc:
- Consistent revenue growth, from $838,749 in 202012 to $1,990,653 in 202312.
- Significant asset accumulation, reaching $1,016,975 in 202312.
- 0% reported officer compensation across all filings, indicating high efficiency and mission focus.
- Positive net income in recent years (e.g., $427,252 in 202312), demonstrating financial sustainability.
- Manageable liabilities relative to assets, suggesting sound financial management.
Frequently Asked Questions about Martinsville Giving Nest Inc
Is Martinsville Giving Nest Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Martinsville Giving Nest Inc (EIN: 20693987) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Martinsville Giving Nest Inc spend its money?
Martinsville Giving Nest Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Martinsville Giving Nest Inc tax-deductible?
Martinsville Giving Nest Inc is registered as a tax-exempt nonprofit (EIN: 20693987). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Martinsville Giving Nest Inc CEO make?
Martinsville Giving Nest Inc's highest-compensated officer earns $2 annually. The organization reported $2.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Martinsville Giving Nest Inc's spending goes to programs?
Martinsville Giving Nest Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Martinsville Giving Nest Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Martinsville Giving Nest Inc is above average for NTEE category B21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Martinsville Giving Nest Inc located?
Martinsville Giving Nest Inc is headquartered in Watchung, New Jersey and files with the IRS under EIN 20693987. It is classified under NTEE code B21.
How many years of IRS 990 filings does Martinsville Giving Nest Inc have?
Martinsville Giving Nest Inc has 13 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 $2.2M in total revenue.
Is Martinsville Giving Nest Inc a good charity?
Based on the available data, Martinsville Giving Nest Inc appears to be a good charity. They demonstrate consistent revenue growth, increasing assets, and notably, report 0% officer compensation, suggesting a strong commitment to their mission.
How has Martinsville Giving Nest Inc's financial health changed over time?
Martinsville Giving Nest Inc has shown significant financial improvement. Revenue has grown from $838,749 in 202012 to $1,990,653 in 202312, and assets have more than doubled from $386,529 to $1,016,975 in the same period, indicating increasing stability and capacity.
What is the trend in Martinsville Giving Nest Inc's liabilities?
Liabilities for Martinsville Giving Nest Inc have fluctuated but remained manageable relative to assets. For example, in 202312, liabilities were $156,009 against assets of $1,016,975, indicating a healthy financial position.
Filing History
IRS 990 filing history for Martinsville Giving Nest Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Martinsville Giving Nest Inc's revenue has grown by 173.6%, moving from $728K to $2.0M. Total assets increased by 77.8% over the same period, from $572K to $1.0M. Total functional expenses rose by 113.2%, from $733K to $1.6M. In its most recent filing year (2023), Martinsville Giving Nest Inc reported a surplus of $427K, with revenue exceeding expenses. The organization holds $156K in liabilities against $1.0M in assets (debt-to-asset ratio: 15.3%), resulting in net assets of $861K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $1.6M | $1.0M | $156K | — | View 990 |
| 2022 | $1.6M | $1.4M | $672K | $239K | — | View 990 |
| 2021 | $1.3M | $1.4M | $373K | $136K | — | View 990 |
| 2020 | $839K | $933K | $387K | $88K | — | View 990 |
| 2019 | $1.4M | $1.5M | $521K | $128K | — | View 990 |
| 2018 | $1.7M | $1.7M | $654K | $178K | — | View 990 |
| 2017 | $1.7M | $1.8M | $657K | $237K | — | View 990 |
| 2016 | $1.7M | $1.7M | $677K | $183K | — | View 990 |
| 2015 | $918K | $950K | $547K | $88K | — | View 990 |
| 2014 | $1.0M | $1.0M | $579K | $88K | — | View 990 |
| 2013 | $743K | $774K | $559K | $80K | — | View 990 |
| 2012 | $780K | $770K | $582K | $73K | — | View 990 |
| 2011 | $728K | $733K | $572K | $73K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $1.6M, and assets of $1.0M (revenue +21.4% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.4M, and assets of $672K (revenue +22.3% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.4M, and assets of $373K (revenue +59.8% year-over-year).
- 2020: Revenue of $839K, expenses of $933K, and assets of $387K (revenue -41.8% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.5M, and assets of $521K (revenue -17.1% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.7M, and assets of $654K (revenue +0.5% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.8M, and assets of $657K (revenue -0.4% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.7M, and assets of $677K (revenue +89.4% year-over-year).
- 2015: Revenue of $918K, expenses of $950K, and assets of $547K (revenue -12.0% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.0M, and assets of $579K (revenue +40.4% year-over-year).
- 2013: Revenue of $743K, expenses of $774K, and assets of $559K (revenue -4.8% year-over-year).
- 2012: Revenue of $780K, expenses of $770K, and assets of $582K (revenue +7.2% year-over-year).
- 2011: Revenue of $728K, expenses of $733K, and assets of $572K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Martinsville Giving Nest Inc:
Data Sources and Methodology
This transparency report for Martinsville Giving Nest 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.