Marvin Warroad Area Foundation
Marvin Warroad Area Foundation maintains strong asset base and zero officer compensation, demonstrating fiscal prudence.
EIN: 201082458 · Saint Paul, MN · NTEE: T11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $126K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $4.4M |
| Transparency Score | 95/100 |
Is Marvin Warroad Area Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Marvin Warroad Area Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Marvin Warroad Area Foundation
Marvin Warroad Area Foundation (EIN: 201082458) is a nonprofit organization based in Saint Paul, MN, classified under NTEE code T11. The organization reported total revenue of $1.6M and total assets of $4.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marvin Warroad Area Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marvin Warroad Area Foundation 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 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $207K |
| Total Expenses | $126K |
| Surplus / Deficit | +$81K |
| Total Assets | $4.4M |
| Net Assets | $4.4M |
| Operating Margin | 39.0% |
| Months of Reserves | 416.6 months |
Financial Health Grade: A
In 2023, Marvin Warroad Area Foundation reported a surplus of $81K with revenue exceeding expenses, holds 416.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Marvin Warroad Area Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1406.6% | +11.5% | +13.0% |
| 2022 | -95.3% | +39.0% | -19.8% |
| 2021 | +914.1% | -9.1% | +13.2% |
| 2020 | -77.8% | -9.4% | +10.1% |
| 2019 | +0.2% | -7.9% | +16.6% |
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 Marvin Warroad Area Foundation 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Marvin Warroad Area Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $81K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization with assets nearing $5 million and suggests a volunteer-led or very lean operational structure, maximizing funds for its charitable purpose.
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 Marvin Warroad Area Foundation:
- Consistent 0% officer compensation, maximizing funds for mission.
- Strong and growing asset base ($4,379,070 in 2023) relative to expenses.
- No reported liabilities across all filing periods, indicating excellent financial health.
- Stable expense management despite fluctuating revenues.
- High transparency with 13 years of consistent IRS 990 filings.
Frequently Asked Questions about Marvin Warroad Area Foundation
Is Marvin Warroad Area Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Marvin Warroad Area Foundation (EIN: 201082458) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Marvin Warroad Area Foundation spend its money?
Marvin Warroad Area Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Marvin Warroad Area Foundation tax-deductible?
Marvin Warroad Area Foundation is registered as a tax-exempt nonprofit (EIN: 201082458). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Marvin Warroad Area Foundation CEO make?
Marvin Warroad Area Foundation's highest-compensated officer earns $5 annually. The organization reported $1.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Marvin Warroad Area Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Marvin Warroad Area Foundation is above average for NTEE category T11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Marvin Warroad Area Foundation located?
Marvin Warroad Area Foundation is headquartered in Saint Paul, Minnesota and files with the IRS under EIN 201082458. It is classified under NTEE code T11.
How many years of IRS 990 filings does Marvin Warroad Area Foundation have?
Marvin Warroad Area 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 $1.6M in total revenue.
How does the Marvin Warroad Area Foundation achieve 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization is either entirely volunteer-run at the executive level or that any administrative services are provided pro bono or through other non-compensation arrangements. This is a significant factor in its high efficiency.
What is the primary use of the foundation's funds given its NTEE code T11?
As a grant-making public charity (NTEE T11), the primary use of its funds would be to provide grants and financial support to other non-profit organizations or initiatives within the Marvin Warroad area, aligning with its mission to support community development.
Why does revenue fluctuate so significantly year-to-year?
Revenue fluctuations, such as from $13,717 in 2022 to $206,664 in 2023, are common for foundations that rely on a mix of investment returns, individual donations, and potentially large, infrequent grants. These variations do not necessarily indicate financial instability, especially when expenses remain controlled and assets grow.
Is the foundation's asset growth sustainable?
The foundation has shown consistent asset growth, from $3,327,867 in 2014 to $4,379,070 in 2023, despite revenue fluctuations. This indicates effective investment management and a strategy focused on building long-term endowment or reserves, which is sustainable for a foundation.
Filing History
IRS 990 filing history for Marvin Warroad Area Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Marvin Warroad Area Foundation's revenue has grown by 2.6%, moving from $201K to $207K. Total assets increased by 59.4% over the same period, from $2.7M to $4.4M. Total functional expenses rose by 539.2%, from $20K to $126K. In its most recent filing year (2023), Marvin Warroad Area Foundation reported a surplus of $81K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $207K | $126K | $4.4M | $0 | — | — |
| 2022 | $14K | $113K | $3.9M | $0 | — | View 990 |
| 2021 | $293K | $81K | $4.8M | $0 | — | View 990 |
| 2020 | $29K | $90K | $4.3M | $0 | — | — |
| 2019 | $130K | $99K | $3.9M | $0 | — | View 990 |
| 2018 | $130K | $107K | $3.3M | $0 | — | View 990 |
| 2017 | $136K | $80K | $3.7M | $0 | — | View 990 |
| 2016 | $169K | $165K | $3.2M | $0 | — | View 990 |
| 2015 | $112K | $77K | $3.3M | $0 | — | View 990 |
| 2014 | $282K | $76K | $3.3M | $0 | — | View 990 |
| 2013 | $82K | $76K | $3.3M | $0 | — | View 990 |
| 2012 | $347K | $97K | $3.0M | $0 | — | View 990 |
| 2011 | $201K | $20K | $2.7M | $-25 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $207K, expenses of $126K, and assets of $4.4M (revenue +1406.6% year-over-year).
- 2022: Revenue of $14K, expenses of $113K, and assets of $3.9M (revenue -95.3% year-over-year).
- 2021: Revenue of $293K, expenses of $81K, and assets of $4.8M (revenue +914.1% year-over-year).
- 2020: Revenue of $29K, expenses of $90K, and assets of $4.3M (revenue -77.8% year-over-year).
- 2019: Revenue of $130K, expenses of $99K, and assets of $3.9M (revenue +0.2% year-over-year).
- 2018: Revenue of $130K, expenses of $107K, and assets of $3.3M (revenue -4.0% year-over-year).
- 2017: Revenue of $136K, expenses of $80K, and assets of $3.7M (revenue -19.8% year-over-year).
- 2016: Revenue of $169K, expenses of $165K, and assets of $3.2M (revenue +51.6% year-over-year).
- 2015: Revenue of $112K, expenses of $77K, and assets of $3.3M (revenue -60.5% year-over-year).
- 2014: Revenue of $282K, expenses of $76K, and assets of $3.3M (revenue +243.0% year-over-year).
- 2013: Revenue of $82K, expenses of $76K, and assets of $3.3M (revenue -76.3% year-over-year).
- 2012: Revenue of $347K, expenses of $97K, and assets of $3.0M (revenue +72.5% year-over-year).
- 2011: Revenue of $201K, expenses of $20K, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marvin Warroad Area Foundation:
Data Sources and Methodology
This transparency report for Marvin Warroad Area 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.