Matthew Six Ten Foundation
Matthew Six Ten Foundation maintains strong assets and zero executive compensation amidst fluctuating revenue.
EIN: 205826657 · Wheaton, IL · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $508K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2.6 |
| Net Assets | $2.6M |
| Transparency Score | 90/100 |
Is Matthew Six Ten Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Matthew Six Ten Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Matthew Six Ten Foundation
Matthew Six Ten Foundation (EIN: 205826657) is a nonprofit organization based in Wheaton, IL, classified under NTEE code T20. The organization reported total revenue of $1.4M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Matthew Six Ten Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Matthew Six Ten Foundation is a mid-size nonprofit that has been operating for 10 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $558K |
| Total Expenses | $508K |
| Surplus / Deficit | +$50K |
| Total Assets | $2.6M |
| Total Liabilities | $193 |
| Net Assets | $2.6M |
| Operating Margin | 9.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 60.4 months |
Financial Health Grade: A
In 2023, Matthew Six Ten Foundation reported a surplus of $50K with revenue exceeding expenses, holds 60.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Matthew Six Ten Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.8% | +76.9% | -5.8% |
| 2022 | +33.7% | -40.4% | +19.5% |
| 2021 | +192.1% | +96.4% | +43.8% |
| 2020 | -43.5% | +5.5% | -5.1% |
| 2019 | -33.3% | -30.8% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
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 Six Ten Foundation with a Mission Score of 90 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 Six Ten Foundation 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 $50K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly commendable for an organization with assets exceeding $2.6 million and annual revenues often in the hundreds of thousands.
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 Six Ten Foundation:
- Consistently 0% officer compensation, indicating high efficiency and mission focus.
- Strong asset base, with latest assets at $2,666,205.
- Very low liabilities across all filing periods, demonstrating sound financial management.
- Consistent IRS 990 filing history, indicating transparency.
- Recent positive trend in revenue growth from 2020 to 2023.
Frequently Asked Questions about Matthew Six Ten Foundation
Is Matthew Six Ten Foundation a legitimate charity?
Matthew Six Ten Foundation (EIN: 205826657) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 90/100. It has 9 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Matthew Six Ten Foundation spend its money?
Matthew Six Ten Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Matthew Six Ten Foundation tax-deductible?
Matthew Six Ten Foundation is registered as a tax-exempt nonprofit (EIN: 205826657). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Matthew Six Ten Foundation CEO make?
Matthew Six Ten Foundation's highest-compensated officer earns $2.6 annually. The organization reported $1.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Matthew Six Ten Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Matthew Six Ten Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Matthew Six Ten Foundation located?
Matthew Six Ten Foundation is headquartered in Wheaton, Illinois and files with the IRS under EIN 205826657. It is classified under NTEE code T20.
How many years of IRS 990 filings does Matthew Six Ten Foundation have?
Matthew Six Ten Foundation has 9 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 $1.4M in total revenue.
Is Matthew Six Ten Foundation a good charity?
Based on the provided data, Matthew Six Ten Foundation appears to be a very good charity. It maintains substantial assets, has very low liabilities, and most notably, reports 0% officer compensation across all filings, suggesting a strong commitment to its mission and efficient use of donor funds.
How has the organization's revenue trended recently?
After a dip to $106,876 in 2020, the organization's revenue has shown a positive trend, increasing from $312,153 in 2021 to $417,218 in 2022, and further to $558,427 in 2023.
What is the financial stability of Matthew Six Ten Foundation?
The foundation demonstrates strong financial stability with assets consistently above $1.5 million, reaching $2,666,205 in the latest period, and very low liabilities across all reported years, indicating a healthy balance sheet.
Filing History
IRS 990 filing history for Matthew Six Ten Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Matthew Six Ten Foundation's revenue has declined by 16.2%, moving from $666K to $558K. Total assets increased by 16.5% over the same period, from $2.2M to $2.6M. Total functional expenses fell by 3.9%, from $529K to $508K. In its most recent filing year (2023), Matthew Six Ten Foundation reported a surplus of $50K, with revenue exceeding expenses. The organization holds $193 in liabilities against $2.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $558K | $508K | $2.6M | $193 | — | View 990 |
| 2022 | $417K | $287K | $2.7M | $3K | — | View 990 |
| 2021 | $312K | $482K | $2.3M | $13K | — | View 990 |
| 2020 | $107K | $245K | $1.6M | $1K | — | View 990 |
| 2019 | $189K | $232K | $1.7M | $2K | — | — |
| 2015 | $283K | $336K | $1.7M | $3K | — | — |
| 2013 | $174K | $212K | $1.9M | $612 | — | — |
| 2012 | $207K | $446K | $2.0M | $0 | — | — |
| 2011 | $666K | $529K | $2.2M | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $558K, expenses of $508K, and assets of $2.6M (revenue +33.8% year-over-year).
- 2022: Revenue of $417K, expenses of $287K, and assets of $2.7M (revenue +33.7% year-over-year).
- 2021: Revenue of $312K, expenses of $482K, and assets of $2.3M (revenue +192.1% year-over-year).
- 2020: Revenue of $107K, expenses of $245K, and assets of $1.6M (revenue -43.5% year-over-year).
- 2019: Revenue of $189K, expenses of $232K, and assets of $1.7M (revenue -33.3% year-over-year).
- 2015: Revenue of $283K, expenses of $336K, and assets of $1.7M (revenue +63.2% year-over-year).
- 2013: Revenue of $174K, expenses of $212K, and assets of $1.9M (revenue -16.1% year-over-year).
- 2012: Revenue of $207K, expenses of $446K, and assets of $2.0M (revenue -68.9% year-over-year).
- 2011: Revenue of $666K, expenses of $529K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Matthew Six Ten Foundation:
Data Sources and Methodology
This transparency report for Matthew Six Ten 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.