Merlin Foundation
EIN: 710747717 · Berryville, AR · NTEE: I72Z
Is Merlin Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Merlin Foundation
Merlin Foundation (EIN: 710747717) is a nonprofit organization based in Berryville, AR, classified under NTEE code I72Z. The organization reported total revenue of $26K and total assets of $247K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Merlin Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Merlin Foundation is a micro nonprofit that has been operating for 31 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -12.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $11K |
| Surplus / Deficit | +$15K |
| Total Assets | $247K |
| Net Assets | $247K |
| Operating Margin | 56.3% |
| Months of Reserves | 262.6 months |
Financial Health Grade: A
In 2022, Merlin Foundation reported a surplus of $15K with revenue exceeding expenses, holds 262.6 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Merlin Foundation's revenue has declined at a compound annual growth rate (CAGR) of -12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -62.5% | -77.5% | +6.2% |
| 2021 | +55.6% | +459.4% | +8.8% |
| 2020 | +96.2% | +39.2% | +19.8% |
| 2019 | +12.9% | -51.9% | +9.9% |
| 2018 | +5.3% | -20.9% | +4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Merlin 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 Merlin 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
Frequently Asked Questions about Merlin Foundation
Is Merlin Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Merlin Foundation (EIN: 710747717) insufficient data. 0 red flags identified, 0 strengths noted.
How does Merlin Foundation spend its money?
Detailed spending breakdown data is not yet available for Merlin Foundation. Check back for updated IRS 990 analysis.
Are donations to Merlin Foundation tax-deductible?
Merlin Foundation is registered as a tax-exempt nonprofit (EIN: 710747717). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Merlin Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Merlin Foundation's revenue has declined by 76.2%, moving from $109K to $26K. Total assets increased by 66.2% over the same period, from $149K to $247K. Total functional expenses fell by 85.7%, from $79K to $11K. In its most recent filing year (2022), Merlin Foundation reported a surplus of $15K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $26K | $11K | $247K | $0 | — | View 990 |
| 2021 | $69K | $50K | $233K | $0 | — | — |
| 2020 | $44K | $9K | $214K | $0 | — | — |
| 2019 | $23K | $6K | $179K | $0 | — | View 990 |
| 2018 | $20K | $13K | $163K | $0 | — | View 990 |
| 2017 | $19K | $17K | $156K | $0 | — | View 990 |
| 2016 | $33K | $30K | $154K | $0 | — | View 990 |
| 2015 | $25K | $50K | $150K | $0 | — | View 990 |
| 2014 | $61K | $54K | $176K | $0 | — | View 990 |
| 2013 | $58K | $66K | $169K | $0 | — | View 990 |
| 2012 | $107K | $79K | $177K | $0 | — | View 990 |
| 2011 | $109K | $79K | $149K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $26K, expenses of $11K, and assets of $247K (revenue -62.5% year-over-year).
- 2021: Revenue of $69K, expenses of $50K, and assets of $233K (revenue +55.6% year-over-year).
- 2020: Revenue of $44K, expenses of $9K, and assets of $214K (revenue +96.2% year-over-year).
- 2019: Revenue of $23K, expenses of $6K, and assets of $179K (revenue +12.9% year-over-year).
- 2018: Revenue of $20K, expenses of $13K, and assets of $163K (revenue +5.3% year-over-year).
- 2017: Revenue of $19K, expenses of $17K, and assets of $156K (revenue -43.0% year-over-year).
- 2016: Revenue of $33K, expenses of $30K, and assets of $154K (revenue +34.6% year-over-year).
- 2015: Revenue of $25K, expenses of $50K, and assets of $150K (revenue -59.3% year-over-year).
- 2014: Revenue of $61K, expenses of $54K, and assets of $176K (revenue +4.6% year-over-year).
- 2013: Revenue of $58K, expenses of $66K, and assets of $169K (revenue -45.5% year-over-year).
- 2012: Revenue of $107K, expenses of $79K, and assets of $177K (revenue -1.7% year-over-year).
- 2011: Revenue of $109K, expenses of $79K, and assets of $149K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Merlin Foundation:
Data Sources and Methodology
This transparency report for Merlin 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.