Mattina R Proctor Foundation
Mattina R Proctor Foundation consistently spends more than it earns, drawing down on its $10M+ assets.
EIN: 111067014 · Boston, MA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $1.0M |
| Program Spending | 70% |
| Net Assets | $10.2M |
| Transparency Score | 65/100 |
Is Mattina R Proctor Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mattina R Proctor Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Mattina R Proctor Foundation
Mattina R Proctor Foundation (EIN: 111067014) is a nonprofit organization based in Boston, MA. The organization reported total revenue of $3.0M and total assets of $10.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mattina R Proctor Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mattina R Proctor Foundation is a mid-size nonprofit that has been operating for 35 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $288K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-759,434 |
| Total Assets | $10.2M |
| Total Liabilities | $1 |
| Net Assets | $10.2M |
| Operating Margin | -263.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 117.3 months |
Financial Health Grade: B
In 2023, Mattina R Proctor Foundation reported a deficit of $759K with expenses exceeding revenue, holds 117.3 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), Mattina R Proctor Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -36.7% | +33.5% | -6.7% |
| 2022 | -64.6% | -9.0% | -2.6% |
| 2021 | -53.2% | +14.5% | +4.0% |
| 2020 | +33.8% | -1.9% | +22.6% |
| 2019 | +375.0% | -21.8% | +9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Mattina R Proctor Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Mattina R Proctor Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $759K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating either a fully volunteer executive team or that compensation is categorized differently, which enhances transparency regarding direct officer salaries.
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.
Red Flags
The following concerns were identified during AI analysis of Mattina R Proctor Foundation's IRS 990 filings:
- Consistent deficit spending in recent years (e.g., 2023 expenses $1,047,333 vs. revenue $287,899)
- Assets have decreased from a peak of $11.26M in 2021 to $10.23M in 2023, indicating asset utilization to cover expenses.
Strengths
The following positive indicators were identified for Mattina R Proctor Foundation:
- Strong asset base, consistently over $8 million for the past decade, providing financial cushion.
- Extremely low liabilities, consistently reported as $1, indicating no significant debt burden.
- High transparency regarding executive compensation, reported as 0% across all filings.
Frequently Asked Questions about Mattina R Proctor Foundation
Is Mattina R Proctor Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mattina R Proctor Foundation (EIN: 111067014) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does Mattina R Proctor Foundation spend its money?
Mattina R Proctor Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mattina R Proctor Foundation tax-deductible?
Mattina R Proctor Foundation is registered as a tax-exempt nonprofit (EIN: 111067014). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mattina R Proctor Foundation's spending goes to programs?
Mattina R Proctor Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Mattina R Proctor Foundation located?
Mattina R Proctor Foundation is headquartered in Boston, Massachusetts and files with the IRS under EIN 111067014.
How many years of IRS 990 filings does Mattina R Proctor Foundation have?
Mattina R Proctor 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 $3.0M in total revenue.
Is the Mattina R Proctor Foundation financially sustainable given its recent deficit spending?
The foundation has consistently spent more than its revenue in recent years (e.g., $1,047,333 expenses vs. $287,899 revenue in 2023), drawing down its assets. While it has substantial assets ($10.19M), this trend is not sustainable long-term without increased revenue or reduced expenses.
What is the detailed breakdown of the foundation's expenses (program, administrative, fundraising)?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to fully assess spending efficiency.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation suggests that the foundation may be run by volunteers or that executive compensation is reported under other expense lines, which would require further investigation for clarity.
Filing History
IRS 990 filing history for Mattina R Proctor Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mattina R Proctor Foundation's revenue has declined by 15.7%, moving from $342K to $288K. Total assets increased by 8.9% over the same period, from $9.4M to $10.2M. Total functional expenses rose by 16.4%, from $900K to $1.0M. In its most recent filing year (2023), Mattina R Proctor Foundation reported a deficit of $759K, with expenses exceeding revenue. The organization holds $1 in liabilities against $10.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $10.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $288K | $1.0M | $10.2M | $1 | — | View 990 |
| 2022 | $455K | $784K | $11.0M | $1 | — | View 990 |
| 2021 | $1.3M | $862K | $11.3M | $1 | — | View 990 |
| 2020 | $2.7M | $753K | $10.8M | $1 | — | View 990 |
| 2019 | $2.1M | $767K | $8.8M | $1 | — | — |
| 2015 | $433K | $982K | $8.1M | $1 | — | View 990 |
| 2014 | $858K | $1.0M | $8.6M | $1 | — | View 990 |
| 2013 | $564K | $904K | $8.7M | $1 | — | View 990 |
| 2012 | $537K | $849K | $9.1M | $1 | — | View 990 |
| 2011 | $342K | $900K | $9.4M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $288K, expenses of $1.0M, and assets of $10.2M (revenue -36.7% year-over-year).
- 2022: Revenue of $455K, expenses of $784K, and assets of $11.0M (revenue -64.6% year-over-year).
- 2021: Revenue of $1.3M, expenses of $862K, and assets of $11.3M (revenue -53.2% year-over-year).
- 2020: Revenue of $2.7M, expenses of $753K, and assets of $10.8M (revenue +33.8% year-over-year).
- 2019: Revenue of $2.1M, expenses of $767K, and assets of $8.8M (revenue +375.0% year-over-year).
- 2015: Revenue of $433K, expenses of $982K, and assets of $8.1M (revenue -49.6% year-over-year).
- 2014: Revenue of $858K, expenses of $1.0M, and assets of $8.6M (revenue +52.0% year-over-year).
- 2013: Revenue of $564K, expenses of $904K, and assets of $8.7M (revenue +5.1% year-over-year).
- 2012: Revenue of $537K, expenses of $849K, and assets of $9.1M (revenue +57.2% year-over-year).
- 2011: Revenue of $342K, expenses of $900K, and assets of $9.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mattina R Proctor Foundation:
Data Sources and Methodology
This transparency report for Mattina R Proctor 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.