Mary Martin Pettingell Foundation
EIN: 50508845 · N Kingstown, RI · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $7K |
| Total Expenses | $7K |
| Net Assets | $95K |
Is Mary Martin Pettingell Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mary Martin Pettingell Foundation
Mary Martin Pettingell Foundation (EIN: 50508845) is a nonprofit organization based in N Kingstown, RI, classified under NTEE code T20. The organization reported total revenue of $7K and total assets of $99K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mary Martin Pettingell Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mary Martin Pettingell Foundation is a micro nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $7K |
| Surplus / Deficit | +$4K |
| Total Assets | $95K |
| Total Liabilities | $1 |
| Net Assets | $95K |
| Operating Margin | 36.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 170.8 months |
Financial Health Grade: A
In 2023, Mary Martin Pettingell Foundation reported a surplus of $4K with revenue exceeding expenses, holds 170.8 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), Mary Martin Pettingell Foundation's revenue has grown at a compound annual growth rate (CAGR) of 14.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.7% | +32.5% | +4.2% |
| 2022 | -17.7% | -23.6% | +6.1% |
| 2021 | +260.7% | -7.4% | +7.4% |
| 2020 | -66.2% | -0.5% | +0.2% |
| 2019 | +167.2% | +81.0% | +15.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mary Martin Pettingell Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mary Martin Pettingell Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Mary Martin Pettingell Foundation
Is Mary Martin Pettingell Foundation a legitimate charity?
Mary Martin Pettingell Foundation (EIN: 50508845) is a registered tax-exempt nonprofit based in Rhode Island. It has 10 years of IRS 990 filings on record. Total revenue: $7K. No red flags identified. Financial health grade: A.
How does Mary Martin Pettingell Foundation spend its money?
Mary Martin Pettingell Foundation reported $7K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mary Martin Pettingell Foundation tax-deductible?
Mary Martin Pettingell Foundation is registered as a tax-exempt nonprofit (EIN: 50508845). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mary Martin Pettingell Foundation located?
Mary Martin Pettingell Foundation is headquartered in N Kingstown, Rhode Island and files with the IRS under EIN 50508845. It is classified under NTEE code T20.
How many years of IRS 990 filings does Mary Martin Pettingell Foundation have?
Mary Martin Pettingell Foundation has 10 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 $7K in total revenue.
Filing History
IRS 990 filing history for Mary Martin Pettingell Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mary Martin Pettingell Foundation's revenue has grown by 390.7%, moving from $2K to $11K. Total assets increased by 69.9% over the same period, from $56K to $95K. Total functional expenses rose by 185.6%, from $2K to $7K. In its most recent filing year (2023), Mary Martin Pettingell Foundation reported a surplus of $4K, with revenue exceeding expenses. The organization holds $1 in liabilities against $95K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $95K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11K | $7K | $95K | $1 | — | — |
| 2022 | $10K | $5K | $91K | $1 | — | View 990 |
| 2021 | $12K | $7K | $86K | $1 | — | View 990 |
| 2020 | $3K | $7K | $80K | $1 | — | — |
| 2019 | $10K | $7K | $80K | $1 | — | View 990 |
| 2015 | $4K | $4K | $69K | $0 | — | View 990 |
| 2014 | $6K | $2K | $69K | $1 | — | View 990 |
| 2013 | $9K | $2K | $65K | $1 | — | View 990 |
| 2012 | $5K | $3K | $58K | $1 | — | View 990 |
| 2011 | $2K | $2K | $56K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11K, expenses of $7K, and assets of $95K (revenue +2.7% year-over-year).
- 2022: Revenue of $10K, expenses of $5K, and assets of $91K (revenue -17.7% year-over-year).
- 2021: Revenue of $12K, expenses of $7K, and assets of $86K (revenue +260.7% year-over-year).
- 2020: Revenue of $3K, expenses of $7K, and assets of $80K (revenue -66.2% year-over-year).
- 2019: Revenue of $10K, expenses of $7K, and assets of $80K (revenue +167.2% year-over-year).
- 2015: Revenue of $4K, expenses of $4K, and assets of $69K (revenue -39.0% year-over-year).
- 2014: Revenue of $6K, expenses of $2K, and assets of $69K (revenue -30.2% year-over-year).
- 2013: Revenue of $9K, expenses of $2K, and assets of $65K (revenue +63.7% year-over-year).
- 2012: Revenue of $5K, expenses of $3K, and assets of $58K (revenue +155.7% year-over-year).
- 2011: Revenue of $2K, expenses of $2K, and assets of $56K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mary Martin Pettingell Foundation:
Data Sources and Methodology
This transparency report for Mary Martin Pettingell 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.