Mattie J T Stepanek Foundation Inc
Mattie J T Stepanek Foundation maintains strong asset growth with zero executive compensation.
EIN: 202743852 · Rockville, MD · NTEE: G195 · Updated: 2026-03-28
Is Mattie J T Stepanek Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mattie J T Stepanek Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mattie J T Stepanek Foundation Inc
Mattie J T Stepanek Foundation Inc (EIN: 202743852) is a nonprofit organization based in Rockville, MD, classified under NTEE code G195. The organization reported total revenue of $102K and total assets of $289K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mattie J T Stepanek Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mattie J T Stepanek Foundation Inc is a small nonprofit that has been operating for 20 years, with 8 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $98K |
| Total Expenses | $67K |
| Surplus / Deficit | +$32K |
| Total Assets | $274K |
| Total Liabilities | $1K |
| Net Assets | $273K |
| Operating Margin | 32.1% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 49.2 months |
Financial Health Grade: A
In 2023, Mattie J T Stepanek Foundation Inc reported a surplus of $32K with revenue exceeding expenses, holds 49.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2023), Mattie J T Stepanek Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +106.6% | -33.8% | +13.1% |
| 2022 | -83.4% | +18.8% | -18.0% |
| 2021 | +185.1% | +14.1% | +213.5% |
| 2020 | +235.7% | +118.7% | +116.2% |
| 2014 | -3.8% | +5.9% | -8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Mattie J T Stepanek Foundation Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Mattie J T Stepanek Foundation Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $32K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not reported as officer compensation on the 990, which is highly efficient for an organization with latest revenue of $101,748.
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 Mattie J T Stepanek Foundation Inc:
- Zero officer compensation across all reported periods, indicating high efficiency.
- Consistent asset growth, from $43,582 in 2014 to $273,797 in 2023, demonstrating strong financial stewardship.
- Positive net income in most recent years (e.g., $98,461 revenue vs. $66,816 expenses in 2023), contributing to financial health.
- Strong transparency with consistent IRS 990 filings.
- Healthy asset-to-liability ratio, indicating robust financial reserves.
Frequently Asked Questions about Mattie J T Stepanek Foundation Inc
Is Mattie J T Stepanek Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mattie J T Stepanek Foundation Inc (EIN: 202743852) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Mattie J T Stepanek Foundation Inc spend its money?
Mattie J T Stepanek Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mattie J T Stepanek Foundation Inc tax-deductible?
Mattie J T Stepanek Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202743852). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Mattie J T Stepanek Foundation Inc a good charity?
Based on the available financial data, the Mattie J T Stepanek Foundation Inc appears to be a very good charity. It demonstrates strong financial health with consistent asset growth (from $43,582 in 2014 to $273,797 in 2023), efficient spending with no reported officer compensation, and a history of responsible financial management.
How has the organization's revenue trended over time?
The organization's revenue has shown fluctuations but a general upward trend, with a notable peak of $287,185 in 2021. While the latest revenue of $98,461 (2023) is lower than the 2021 peak, it represents a significant increase from earlier years like $20,214 in 2011.
What is the organization's financial stability?
The organization exhibits strong financial stability. Its assets of $289,028 significantly outweigh its liabilities, and it has consistently maintained a positive net asset position, growing from $43,582 in 2014 to $273,797 in 2023.
Filing History
IRS 990 filing history for Mattie J T Stepanek Foundation Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2023), Mattie J T Stepanek Foundation Inc's revenue has grown by 387.1%, moving from $20K to $98K. Total assets increased by 375.1% over the same period, from $58K to $274K. Total functional expenses rose by 87.4%, from $36K to $67K. In its most recent filing year (2023), Mattie J T Stepanek Foundation Inc reported a surplus of $32K, with revenue exceeding expenses. The organization holds $1K in liabilities against $274K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $273K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $98K | $67K | $274K | $1K | — | — |
| 2022 | $48K | $101K | $242K | $1K | — | View 990 |
| 2021 | $287K | $85K | $295K | $1K | — | — |
| 2020 | $101K | $74K | $94K | $2K | — | — |
| 2014 | $30K | $34K | $44K | $2K | — | View 990 |
| 2013 | $31K | $32K | $48K | $2K | — | View 990 |
| 2012 | $27K | $36K | $49K | $2K | — | View 990 |
| 2011 | $20K | $36K | $58K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $98K, expenses of $67K, and assets of $274K (revenue +106.6% year-over-year).
- 2022: Revenue of $48K, expenses of $101K, and assets of $242K (revenue -83.4% year-over-year).
- 2021: Revenue of $287K, expenses of $85K, and assets of $295K (revenue +185.1% year-over-year).
- 2020: Revenue of $101K, expenses of $74K, and assets of $94K (revenue +235.7% year-over-year).
- 2014: Revenue of $30K, expenses of $34K, and assets of $44K (revenue -3.8% year-over-year).
- 2013: Revenue of $31K, expenses of $32K, and assets of $48K (revenue +16.2% year-over-year).
- 2012: Revenue of $27K, expenses of $36K, and assets of $49K (revenue +32.8% year-over-year).
- 2011: Revenue of $20K, expenses of $36K, and assets of $58K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mattie J T Stepanek Foundation Inc:
Data Sources and Methodology
This transparency report for Mattie J T Stepanek 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.