Marty Hennessy Inspiring Children Foundation
Marty Hennessy Inspiring Children Foundation shows significant revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 201638145 · Las Vegas, NV · NTEE: F30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.3M |
| Total Expenses | $5.7M |
| Program Spending | 85% |
| Net Assets | $10.6M |
| Transparency Score | 92/100 |
Is Marty Hennessy Inspiring Children Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Marty Hennessy Inspiring Children Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Marty Hennessy Inspiring Children Foundation
Marty Hennessy Inspiring Children Foundation (EIN: 201638145) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code F30. The organization reported total revenue of $12.3M and total assets of $12.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marty Hennessy Inspiring Children Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marty Hennessy Inspiring Children Foundation is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 28.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.2M |
| Total Expenses | $5.7M |
| Surplus / Deficit | +$5.5M |
| Total Assets | $11.3M |
| Total Liabilities | $736K |
| Net Assets | $10.6M |
| Operating Margin | 49.3% |
| Debt-to-Asset Ratio | 6.5% |
| Months of Reserves | 23.8 months |
Financial Health Grade: A
In 2023, Marty Hennessy Inspiring Children Foundation reported a surplus of $5.5M with revenue exceeding expenses, holds 23.8 months of operating reserves (strong position), has a debt-to-asset ratio of 6.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Marty Hennessy Inspiring Children Foundation's revenue has grown at a compound annual growth rate (CAGR) of 28.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +255.8% | +103.2% | +106.6% |
| 2022 | +23.8% | +68.9% | +173.9% |
| 2021 | +39.4% | +20.0% | +77.9% |
| 2020 | +10.6% | -22.2% | +570.5% |
| 2019 | +35.5% | +7.8% | -55.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Marty Hennessy Inspiring Children Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Marty Hennessy Inspiring Children Foundation 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 $5.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.5%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that officers are not receiving direct salaries from the organization. This is a highly positive sign, suggesting that resources are being maximized for programmatic activities relative to the organization's growing size and revenue.
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 Marty Hennessy Inspiring Children Foundation:
- Significant revenue growth, from $1.8M in 2020 to $11.2M in 2023.
- Strong asset accumulation, reaching $11.3M in 2023.
- Consistent 0% officer compensation across all reported periods.
- Healthy surplus generation, with 2023 revenue ($11.2M) significantly exceeding expenses ($5.7M).
- Extensive filing history (13 filings) indicating strong compliance and transparency.
Frequently Asked Questions about Marty Hennessy Inspiring Children Foundation
Is Marty Hennessy Inspiring Children Foundation a legitimate charity?
Marty Hennessy Inspiring Children Foundation (EIN: 201638145) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $12.3M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Marty Hennessy Inspiring Children Foundation spend its money?
Marty Hennessy Inspiring Children Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Marty Hennessy Inspiring Children Foundation tax-deductible?
Marty Hennessy Inspiring Children Foundation is registered as a tax-exempt nonprofit (EIN: 201638145). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Marty Hennessy Inspiring Children Foundation's spending goes to programs?
Marty Hennessy Inspiring Children Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Marty Hennessy Inspiring Children Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Marty Hennessy Inspiring Children Foundation is above average for NTEE category F30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Marty Hennessy Inspiring Children Foundation located?
Marty Hennessy Inspiring Children Foundation is headquartered in Las Vegas, Nevada and files with the IRS under EIN 201638145. It is classified under NTEE code F30.
How many years of IRS 990 filings does Marty Hennessy Inspiring Children Foundation have?
Marty Hennessy Inspiring Children Foundation 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 $12.3M in total revenue.
Is Marty Hennessy Inspiring Children Foundation a good charity?
Based on the available data, the foundation appears to be a very good charity. It demonstrates strong financial health, significant growth in revenue and assets, and a commitment to directing funds towards its mission, as evidenced by 0% officer compensation and a healthy surplus in recent years.
How has the organization's financial health changed over time?
The organization has experienced remarkable financial growth, with revenue increasing from $448,417 in 2014 to $11,246,718 in 2023. Assets have similarly grown from $30,223 to $11,327,868 in the same period, indicating robust expansion and financial stability.
What is the organization's approach to executive compensation?
The Marty Hennessy Inspiring Children Foundation consistently reports 0% officer compensation across all 13 filings. This suggests a model where executive leadership is either unpaid or compensated through other means not reported as direct salary from the organization, allowing more funds to be allocated to programs.
Filing History
IRS 990 filing history for Marty Hennessy Inspiring Children Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Marty Hennessy Inspiring Children Foundation's revenue has grown by 1884.4%, moving from $567K to $11.2M. Total assets increased by 2341.9% over the same period, from $464K to $11.3M. Total functional expenses rose by 1272.2%, from $415K to $5.7M. In its most recent filing year (2023), Marty Hennessy Inspiring Children Foundation reported a surplus of $5.5M, with revenue exceeding expenses. The organization holds $736K in liabilities against $11.3M in assets (debt-to-asset ratio: 6.5%), resulting in net assets of $10.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.2M | $5.7M | $11.3M | $736K | — | — |
| 2022 | $3.2M | $2.8M | $5.5M | $696K | — | View 990 |
| 2021 | $2.6M | $1.7M | $2.0M | $536K | — | View 990 |
| 2020 | $1.8M | $1.4M | $1.1M | $551K | — | View 990 |
| 2019 | $1.7M | $1.8M | $168K | $41K | — | View 990 |
| 2018 | $1.2M | $1.7M | $379K | $59K | — | View 990 |
| 2017 | $1.9M | $1.5M | $789K | $39K | — | View 990 |
| 2016 | $844K | $729K | $261K | $5K | — | View 990 |
| 2015 | $678K | $546K | $170K | $28K | — | View 990 |
| 2014 | $448K | $481K | $30K | $21K | — | View 990 |
| 2013 | $401K | $588K | $43K | $338 | — | View 990 |
| 2012 | $231K | $465K | $230K | $0 | — | View 990 |
| 2011 | $567K | $415K | $464K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.2M, expenses of $5.7M, and assets of $11.3M (revenue +255.8% year-over-year).
- 2022: Revenue of $3.2M, expenses of $2.8M, and assets of $5.5M (revenue +23.8% year-over-year).
- 2021: Revenue of $2.6M, expenses of $1.7M, and assets of $2.0M (revenue +39.4% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.4M, and assets of $1.1M (revenue +10.6% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.8M, and assets of $168K (revenue +35.5% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.7M, and assets of $379K (revenue -37.3% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.5M, and assets of $789K (revenue +131.0% year-over-year).
- 2016: Revenue of $844K, expenses of $729K, and assets of $261K (revenue +24.5% year-over-year).
- 2015: Revenue of $678K, expenses of $546K, and assets of $170K (revenue +51.1% year-over-year).
- 2014: Revenue of $448K, expenses of $481K, and assets of $30K (revenue +11.8% year-over-year).
- 2013: Revenue of $401K, expenses of $588K, and assets of $43K (revenue +73.3% year-over-year).
- 2012: Revenue of $231K, expenses of $465K, and assets of $230K (revenue -59.2% year-over-year).
- 2011: Revenue of $567K, expenses of $415K, and assets of $464K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marty Hennessy Inspiring Children Foundation:
Data Sources and Methodology
This transparency report for Marty Hennessy Inspiring Children 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.