Marusi Family Foundation Inc
Marusi Family Foundation maintains strong asset growth and zero executive compensation over a decade.
EIN: 204756461 · Denver, CO · NTEE: T20 · Updated: 2026-03-28
Is Marusi Family Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Marusi Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Marusi Family Foundation Inc
Marusi Family Foundation Inc (EIN: 204756461) is a nonprofit organization based in Denver, CO, classified under NTEE code T20. The organization reported total revenue of $164K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marusi Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marusi Family Foundation Inc is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $302K |
| Total Expenses | $127K |
| Surplus / Deficit | +$174K |
| Total Assets | $1.6M |
| Total Liabilities | $1 |
| Net Assets | $1.6M |
| Operating Margin | 57.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 155.7 months |
Financial Health Grade: A
In 2023, Marusi Family Foundation Inc reported a surplus of $174K with revenue exceeding expenses, holds 155.7 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), Marusi Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 23.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +108.4% | -4.1% | +11.8% |
| 2022 | -37.7% | +12.1% | +0.8% |
| 2021 | +202.6% | +11.9% | +8.4% |
| 2020 | -30.8% | +8.1% | -2.1% |
| 2019 | +11.7% | +12.0% | +4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Marusi Family Foundation Inc with a Mission Score of 95 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, Marusi Family Foundation Inc 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 surplus of $174K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which is highly favorable 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.
Strengths
The following positive indicators were identified for Marusi Family Foundation Inc:
- Consistent asset growth, from $1,345,895 in 2011 to $1,648,980 in 2023.
- Zero officer compensation reported across all ten available filings (2011-2023).
- Extremely low liabilities, consistently reported as $1, indicating strong financial stability.
- Consistent filing of IRS Form 990s, demonstrating good transparency.
- Strong program focus implied by zero officer compensation and minimal administrative overhead.
Frequently Asked Questions about Marusi Family Foundation Inc
Is Marusi Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Marusi Family Foundation Inc (EIN: 204756461) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Marusi Family Foundation Inc spend its money?
Marusi Family Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Marusi Family Foundation Inc tax-deductible?
Marusi Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 204756461). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Marusi Family Foundation Inc. a good charity?
Based on the provided data, the Marusi Family Foundation Inc. appears to be a very good charity. It demonstrates strong financial health with growing assets, minimal liabilities, and a remarkable commitment to directing resources to its mission by reporting 0% officer compensation for over a decade. Its consistent IRS 990 filings also indicate good transparency.
How has the foundation's financial health changed over time?
The foundation's financial health has steadily improved. Assets have grown from $1,345,895 in 2011 to $1,648,980 in 2023. While revenue and expenses fluctuate year-to-year, the overall trend shows increasing revenue, particularly in 2023, while expenses have remained relatively stable, leading to consistent asset growth.
What is the organization's approach to executive compensation?
The organization has consistently reported 0% for officer compensation across all ten available filings, from 2011 to 2023. This indicates a highly efficient and potentially volunteer-driven leadership structure, ensuring that funds are not diverted to high executive salaries.
Filing History
IRS 990 filing history for Marusi Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Marusi Family Foundation Inc's revenue has grown by 1116.8%, moving from $25K to $302K. Total assets increased by 22.5% over the same period, from $1.3M to $1.6M. Total functional expenses rose by 97%, from $65K to $127K. In its most recent filing year (2023), Marusi Family Foundation Inc reported a surplus of $174K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $302K | $127K | $1.6M | $1 | — | View 990 |
| 2022 | $145K | $133K | $1.5M | $1 | — | View 990 |
| 2021 | $232K | $118K | $1.5M | $1 | — | View 990 |
| 2020 | $77K | $106K | $1.3M | $1 | — | — |
| 2019 | $111K | $98K | $1.4M | $1 | — | View 990 |
| 2015 | $99K | $87K | $1.3M | $1 | — | View 990 |
| 2014 | $103K | $85K | $1.3M | $1 | — | View 990 |
| 2013 | $69K | $80K | $1.3M | $1 | — | View 990 |
| 2012 | $35K | $80K | $1.3M | $0 | — | View 990 |
| 2011 | $25K | $65K | $1.3M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $302K, expenses of $127K, and assets of $1.6M (revenue +108.4% year-over-year).
- 2022: Revenue of $145K, expenses of $133K, and assets of $1.5M (revenue -37.7% year-over-year).
- 2021: Revenue of $232K, expenses of $118K, and assets of $1.5M (revenue +202.6% year-over-year).
- 2020: Revenue of $77K, expenses of $106K, and assets of $1.3M (revenue -30.8% year-over-year).
- 2019: Revenue of $111K, expenses of $98K, and assets of $1.4M (revenue +11.7% year-over-year).
- 2015: Revenue of $99K, expenses of $87K, and assets of $1.3M (revenue -4.0% year-over-year).
- 2014: Revenue of $103K, expenses of $85K, and assets of $1.3M (revenue +50.0% year-over-year).
- 2013: Revenue of $69K, expenses of $80K, and assets of $1.3M (revenue +95.5% year-over-year).
- 2012: Revenue of $35K, expenses of $80K, and assets of $1.3M (revenue +42.3% year-over-year).
- 2011: Revenue of $25K, expenses of $65K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marusi Family Foundation Inc:
Data Sources and Methodology
This transparency report for Marusi Family Foundation 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.