Marvin H Davidson Foundation Inc
Marvin H Davidson Foundation consistently spends more than its annual revenue, drawing from a stable $19M-$24M asset base with no reported officer compensation.
EIN: 136217756 · Vero Beach, FL · Updated: 2026-03-28
Is Marvin H Davidson Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Marvin H Davidson Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Marvin H Davidson Foundation Inc
Marvin H Davidson Foundation Inc (EIN: 136217756) is a nonprofit organization based in Vero Beach, FL. The organization reported total revenue of $9.3M and total assets of $19.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marvin H Davidson Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marvin H Davidson Foundation Inc is a mid-size nonprofit that has been operating for 59 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-6,088 |
| Total Assets | $24.2M |
| Total Liabilities | $1 |
| Net Assets | $24.2M |
| Operating Margin | -0.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 281.0 months |
Financial Health Grade: B
In 2023, Marvin H Davidson Foundation Inc reported a deficit of $6K with expenses exceeding revenue, holds 281.0 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), Marvin H Davidson Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +98.8% | -3.5% | +25.9% |
| 2022 | -61.2% | -14.5% | -0.1% |
| 2021 | +345.0% | +49.2% | -13.7% |
| 2020 | -76.4% | -38.0% | -0.3% |
| 2019 | +378.0% | +28.1% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1967 |
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 Marvin H Davidson Foundation 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: 90%
- fundraising: 0%
According to IRS 990 filings, Marvin H Davidson 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 deficit of $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the foundation's leadership is either unpaid or compensated through other means not disclosed as officer compensation, which is highly efficient for an organization of its asset 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 Marvin H Davidson Foundation Inc's IRS 990 filings:
- Consistent annual expenses exceeding revenue, though likely managed by endowment draw, could be a concern if not properly managed over the long term.
- Lack of NTEE code in provided data limits understanding of specific mission focus.
- Unusual consistent $1 liability reported in recent years (2021-2023) is minor but noteworthy.
Strengths
The following positive indicators were identified for Marvin H Davidson Foundation Inc:
- Strong and stable asset base, consistently between $19 million and $24 million, providing long-term financial security.
- Zero reported officer compensation across all filings, indicating highly efficient administrative spending.
- Consistent history of grant-making (as evidenced by expenses) over a decade.
- Extensive filing history (10 filings) provides good transparency into financial trends.
Frequently Asked Questions about Marvin H Davidson Foundation Inc
Is Marvin H Davidson Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Marvin H Davidson Foundation Inc (EIN: 136217756) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Marvin H Davidson Foundation Inc spend its money?
Marvin H Davidson Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Marvin H Davidson Foundation Inc tax-deductible?
Marvin H Davidson Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136217756). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Marvin H Davidson Foundation Inc. a good charity?
Based on the provided data, the foundation appears to be a well-managed private foundation with a strong asset base and no reported officer compensation, suggesting efficient use of funds. Its consistent grant-making (expenses often exceeding revenue) indicates active distribution of its endowment for charitable purposes. However, without knowing its specific program areas and detailed expense breakdowns, a full assessment of its 'goodness' is limited.
How does the foundation sustain itself if expenses often exceed revenue?
The foundation sustains itself by drawing from its substantial asset base, which has consistently been between $19 million and $24 million over the past decade. The annual revenue likely represents investment income, and the expenses represent grants and operational costs, with the difference covered by the endowment.
What are the primary activities of the Marvin H Davidson Foundation Inc.?
The provided data does not specify the NTEE code or detailed program service accomplishments. To understand its primary activities, one would need to review the full IRS 990 forms, specifically Schedule O and Part III, Statement of Program Service Accomplishments.
Filing History
IRS 990 filing history for Marvin H Davidson Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Marvin H Davidson Foundation Inc's revenue has grown by 105%, moving from $502K to $1.0M. Total assets increased by 17.3% over the same period, from $20.7M to $24.2M. Total functional expenses rose by 8.1%, from $957K to $1.0M. In its most recent filing year (2023), Marvin H Davidson Foundation Inc reported a deficit of $6K, with expenses exceeding revenue. The organization holds $1 in liabilities against $24.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $24.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.0M | $24.2M | $1 | — | — |
| 2022 | $518K | $1.1M | $19.3M | $1 | — | View 990 |
| 2021 | $1.3M | $1.3M | $19.3M | $1 | — | View 990 |
| 2020 | $300K | $841K | $22.3M | $1 | — | View 990 |
| 2019 | $1.3M | $1.4M | $22.4M | $0 | — | View 990 |
| 2015 | $265K | $1.1M | $22.4M | $0 | — | View 990 |
| 2014 | $4.0M | $1.4M | $23.2M | $0 | — | View 990 |
| 2013 | $1.5M | $1.2M | $21.4M | $0 | — | View 990 |
| 2012 | $1.5M | $1.1M | $21.1M | $0 | — | View 990 |
| 2011 | $502K | $957K | $20.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.0M, and assets of $24.2M (revenue +98.8% year-over-year).
- 2022: Revenue of $518K, expenses of $1.1M, and assets of $19.3M (revenue -61.2% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.3M, and assets of $19.3M (revenue +345.0% year-over-year).
- 2020: Revenue of $300K, expenses of $841K, and assets of $22.3M (revenue -76.4% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.4M, and assets of $22.4M (revenue +378.0% year-over-year).
- 2015: Revenue of $265K, expenses of $1.1M, and assets of $22.4M (revenue -93.4% year-over-year).
- 2014: Revenue of $4.0M, expenses of $1.4M, and assets of $23.2M (revenue +161.6% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.2M, and assets of $21.4M (revenue +5.8% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.1M, and assets of $21.1M (revenue +191.0% year-over-year).
- 2011: Revenue of $502K, expenses of $957K, and assets of $20.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marvin H Davidson Foundation Inc:
Data Sources and Methodology
This transparency report for Marvin H Davidson 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.