Metroparks Toledo Foundation
EIN: 237425773 · Toledo, OH
| Metric | Value |
|---|---|
| Total Revenue | $3.9M |
| Total Expenses | $2.4M |
| Net Assets | $6.6M |
Is Metroparks Toledo Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Metroparks Toledo Foundation
Metroparks Toledo Foundation (EIN: 237425773) is a nonprofit organization based in Toledo, OH. The organization reported total revenue of $3.9M and total assets of $6.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Metroparks Toledo Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Metroparks Toledo Foundation is a mid-size nonprofit that has been operating for 51 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 74.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.8M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$1.5M |
| Total Assets | $6.6M |
| Total Liabilities | $539 |
| Net Assets | $6.6M |
| Operating Margin | 38.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 33.4 months |
Financial Health Grade: A
In 2023, Metroparks Toledo Foundation reported a surplus of $1.5M with revenue exceeding expenses, holds 33.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Metroparks Toledo Foundation's revenue has grown at a compound annual growth rate (CAGR) of 74.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.1% | +20.7% | +28.6% |
| 2022 | +91.8% | +173.1% | +59.4% |
| 2021 | +5.2% | -26.5% | +67.9% |
| 2020 | +122.2% | +307.6% | +96.8% |
| 2019 | +141.0% | +61.3% | +178.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1975 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Metroparks Toledo 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 Metroparks Toledo 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Metroparks Toledo Foundation
Is Metroparks Toledo Foundation a legitimate charity?
Metroparks Toledo Foundation (EIN: 237425773) is a registered tax-exempt nonprofit based in Ohio. It has 7 years of IRS 990 filings on record. Total revenue: $3.9M. No red flags identified. Financial health grade: A.
How does Metroparks Toledo Foundation spend its money?
Metroparks Toledo Foundation reported $3.9M in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Metroparks Toledo Foundation tax-deductible?
Metroparks Toledo Foundation is registered as a tax-exempt nonprofit (EIN: 237425773). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Metroparks Toledo Foundation located?
Metroparks Toledo Foundation is headquartered in Toledo, Ohio and files with the IRS under EIN 237425773.
How many years of IRS 990 filings does Metroparks Toledo Foundation have?
Metroparks Toledo Foundation has 7 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 $3.9M in total revenue.
Filing History
IRS 990 filing history for Metroparks Toledo Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Metroparks Toledo Foundation's revenue has grown by 2694%, moving from $137K to $3.8M. Total assets increased by 4636.6% over the same period, from $139K to $6.6M. Total functional expenses rose by 490803.1%, from $481 to $2.4M. In its most recent filing year (2023), Metroparks Toledo Foundation reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $539 in liabilities against $6.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.8M | $2.4M | $6.6M | $539 | — | — |
| 2022 | $3.9M | $2.0M | $5.1M | $0 | — | View 990 |
| 2021 | $2.0M | $716K | $3.2M | $0 | — | View 990 |
| 2020 | $1.9M | $975K | $1.9M | $0 | — | View 990 |
| 2019 | $862K | $239K | $971K | $0 | — | View 990 |
| 2018 | $358K | $148K | $348K | $0 | — | View 990 |
| 2017 | $137K | $481 | $139K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.8M, expenses of $2.4M, and assets of $6.6M (revenue -1.1% year-over-year).
- 2022: Revenue of $3.9M, expenses of $2.0M, and assets of $5.1M (revenue +91.8% year-over-year).
- 2021: Revenue of $2.0M, expenses of $716K, and assets of $3.2M (revenue +5.2% year-over-year).
- 2020: Revenue of $1.9M, expenses of $975K, and assets of $1.9M (revenue +122.2% year-over-year).
- 2019: Revenue of $862K, expenses of $239K, and assets of $971K (revenue +141.0% year-over-year).
- 2018: Revenue of $358K, expenses of $148K, and assets of $348K (revenue +161.4% year-over-year).
- 2017: Revenue of $137K, expenses of $481, and assets of $139K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Metroparks Toledo Foundation:
Data Sources and Methodology
This transparency report for Metroparks Toledo 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.