Matthew Eighteen
Matthew Eighteen consistently operates with low expenses and no officer compensation, building substantial assets.
EIN: 134302059 · Fort Smith, AR · NTEE: X20 · Updated: 2026-03-28
Is Matthew Eighteen Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Matthew Eighteen directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Matthew Eighteen
Matthew Eighteen (EIN: 134302059) is a nonprofit organization based in Fort Smith, AR, classified under NTEE code X20. The organization reported total revenue of $30K and total assets of $161K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Matthew Eighteen's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Matthew Eighteen is a micro nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $38K |
| Total Expenses | $3K |
| Surplus / Deficit | +$35K |
| Total Assets | $138K |
| Net Assets | $138K |
| Operating Margin | 91.9% |
| Months of Reserves | 540.8 months |
Financial Health Grade: A
In 2023, Matthew Eighteen reported a surplus of $35K with revenue exceeding expenses, holds 540.8 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Matthew Eighteen's revenue has grown at a compound annual growth rate (CAGR) of 14.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +46.5% | -65.8% | +33.5% |
| 2022 | -58.2% | +58.5% | +19.3% |
| 2021 | +161.2% | +28.5% | +180.7% |
| 2020 | +130.0% | -27.1% | +162.8% |
| 2019 | +20.6% | +16.2% | +55.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7200 |
| 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 Matthew Eighteen 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: 90%
- fundraising: 0%
According to IRS 990 filings, Matthew Eighteen 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 $35K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is 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 efficient for an organization 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 Matthew Eighteen:
- Consistently low expense ratio relative to revenue (e.g., 2023 expenses were <10% of revenue).
- Zero reported officer compensation across all filings, indicating high efficiency and volunteer commitment.
- Strong and consistent growth in net assets, from $1,055 in 2013 to $138,453 in 2023.
- No reported liabilities in any filing period, demonstrating excellent financial health.
- Consistent filing of IRS Form 990s over 12 periods, indicating good transparency.
Frequently Asked Questions about Matthew Eighteen
Is Matthew Eighteen a legitimate charity?
Based on AI analysis of IRS 990 filings, Matthew Eighteen (EIN: 134302059) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Matthew Eighteen spend its money?
Matthew Eighteen directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Matthew Eighteen tax-deductible?
Matthew Eighteen is registered as a tax-exempt nonprofit (EIN: 134302059). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Matthew Eighteen manage to operate with such low expenses relative to its revenue?
Matthew Eighteen consistently reports expenses significantly lower than its revenue, for example, $3,072 in expenses against $37,778 in revenue in 2023. This suggests a highly efficient operational model, potentially relying heavily on volunteers and in-kind donations, or focusing on programs with minimal overhead costs.
What specific programs does Matthew Eighteen fund, given its NTEE code X20 (Not Elsewhere Classified)?
While the NTEE code X20 is broad, the financial data indicates a strong capacity for program delivery due to high revenue retention and low overhead. To understand specific programs, one would need to consult the organization's mission statement or program descriptions, as the financial filings primarily detail financial health.
Is the rapid growth in assets sustainable for Matthew Eighteen?
Matthew Eighteen's assets have grown significantly from $1,055 in 2013 to $138,453 in 2023. This growth is primarily driven by consistent revenue surpluses over expenses. As long as revenue continues to outpace expenses, this asset growth appears sustainable and indicates increasing financial capacity.
Filing History
IRS 990 filing history for Matthew Eighteen showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Matthew Eighteen's revenue has grown by 408%, moving from $7K to $38K. Total assets increased by 21102.6% over the same period, from $653 to $138K. Total functional expenses fell by 63%, from $8K to $3K. In its most recent filing year (2023), Matthew Eighteen reported a surplus of $35K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $38K | $3K | $138K | $0 | — | — |
| 2022 | $26K | $9K | $104K | $0 | — | View 990 |
| 2021 | $62K | $6K | $87K | $0 | — | — |
| 2020 | $24K | $4K | $31K | $0 | — | View 990 |
| 2019 | $10K | $6K | $12K | $0 | — | View 990 |
| 2018 | $9K | $5K | $8K | $0 | — | View 990 |
| 2017 | $9K | $5K | $4K | $0 | — | View 990 |
| 2016 | $4K | $4K | $445 | $0 | — | View 990 |
| 2014 | $7K | $6K | $2K | $0 | — | View 990 |
| 2013 | $7K | $7K | $1K | $0 | — | View 990 |
| 2012 | $9K | $9K | $1K | $0 | — | View 990 |
| 2011 | $7K | $8K | $653 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $38K, expenses of $3K, and assets of $138K (revenue +46.5% year-over-year).
- 2022: Revenue of $26K, expenses of $9K, and assets of $104K (revenue -58.2% year-over-year).
- 2021: Revenue of $62K, expenses of $6K, and assets of $87K (revenue +161.2% year-over-year).
- 2020: Revenue of $24K, expenses of $4K, and assets of $31K (revenue +130.0% year-over-year).
- 2019: Revenue of $10K, expenses of $6K, and assets of $12K (revenue +20.6% year-over-year).
- 2018: Revenue of $9K, expenses of $5K, and assets of $8K (revenue -0.2% year-over-year).
- 2017: Revenue of $9K, expenses of $5K, and assets of $4K (revenue +112.6% year-over-year).
- 2016: Revenue of $4K, expenses of $4K, and assets of $445 (revenue -45.2% year-over-year).
- 2014: Revenue of $7K, expenses of $6K, and assets of $2K (revenue +5.7% year-over-year).
- 2013: Revenue of $7K, expenses of $7K, and assets of $1K (revenue -26.6% year-over-year).
- 2012: Revenue of $9K, expenses of $9K, and assets of $1K (revenue +26.7% year-over-year).
- 2011: Revenue of $7K, expenses of $8K, and assets of $653.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Matthew Eighteen:
Data Sources and Methodology
This transparency report for Matthew Eighteen 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.