Military Religious Freedom Foundation Inc
Military Religious Freedom Foundation shows consistent revenue with occasional deficits, no officer compensation.
EIN: 203967302 · Albuquerque, NM · NTEE: I83 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $763K |
| Total Expenses | $727K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $700,000. |
| Net Assets | $285K |
| Transparency Score | 85/100 |
Is Military Religious Freedom Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Military Religious Freedom Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Military Religious Freedom Foundation Inc
Military Religious Freedom Foundation Inc (EIN: 203967302) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code I83. The organization reported total revenue of $763K and total assets of $327K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Military Religious Freedom Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Military Religious Freedom Foundation Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $777K |
| Total Expenses | $727K |
| Surplus / Deficit | +$50K |
| Total Assets | $321K |
| Total Liabilities | $36K |
| Net Assets | $285K |
| Operating Margin | 6.5% |
| Debt-to-Asset Ratio | 11.3% |
| Months of Reserves | 5.3 months |
Financial Health Grade: A
In 2023, Military Religious Freedom Foundation Inc reported a surplus of $50K with revenue exceeding expenses, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 11.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Military Religious Freedom Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +74.3% | -5.1% | +20.3% |
| 2022 | -46.7% | +6.4% | -54.6% |
| 2021 | +23.0% | +10.2% | +191.0% |
| 2020 | +2.5% | -8.2% | +41.9% |
| 2019 | -8.3% | -3.8% | -25.6% |
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 Military Religious Freedom Foundation Inc with a Mission Score of 85 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: 80%
- fundraising: 10%
According to IRS 990 filings, Military Religious Freedom Foundation Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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: 11.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers. This is a highly positive sign regarding the allocation of resources directly to the mission rather than executive pay, especially for an organization with revenues typically around $700,000.
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 Military Religious Freedom Foundation Inc's IRS 990 filings:
- Significant deficit in 2022 where expenses ($765,935) substantially exceeded revenue ($445,968).
Strengths
The following positive indicators were identified for Military Religious Freedom Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating strong resource allocation to mission.
- Consistent filing of IRS Form 990s, demonstrating transparency.
- Rebound in revenue and a surplus in 2023 after a deficit in 2022, showing financial resilience.
- Growing asset base over the past few years, from $142,396 in 2019 to $321,319 in 2023.
Frequently Asked Questions about Military Religious Freedom Foundation Inc
Is Military Religious Freedom Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Military Religious Freedom Foundation Inc (EIN: 203967302) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Military Religious Freedom Foundation Inc spend its money?
Military Religious Freedom Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Military Religious Freedom Foundation Inc tax-deductible?
Military Religious Freedom Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203967302). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Military Religious Freedom Foundation Inc CEO make?
Military Religious Freedom Foundation Inc's highest-compensated officer earns $700,000. annually. The organization reported $763K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Military Religious Freedom Foundation Inc's spending goes to programs?
Military Religious Freedom Foundation Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Military Religious Freedom Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Military Religious Freedom Foundation Inc is above average for NTEE category I83 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Military Religious Freedom Foundation Inc located?
Military Religious Freedom Foundation Inc is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 203967302. It is classified under NTEE code I83.
How many years of IRS 990 filings does Military Religious Freedom Foundation Inc have?
Military Religious Freedom Foundation Inc has 13 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 $763K in total revenue.
Is Military Religious Freedom Foundation Inc. financially stable?
The organization generally maintains financial stability, with revenues often covering expenses. While there was a significant deficit in 2022 where expenses ($765,935) far exceeded revenues ($445,968), the organization rebounded with a surplus in 2023 ($777,482 revenue vs. $727,066 expenses), demonstrating resilience.
How does the organization manage executive compensation?
The Military Religious Freedom Foundation Inc. reports 0% officer compensation in all available filings, indicating a strong commitment to directing all funds towards its programmatic activities rather than executive salaries.
What is the trend in the organization's assets?
The organization's assets have shown a general upward trend in recent years, increasing from $142,396 in 2019 to $321,319 in 2023, indicating a growing financial base.
Filing History
IRS 990 filing history for Military Religious Freedom Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Military Religious Freedom Foundation Inc's revenue has grown by 11.3%, moving from $699K to $777K. Total assets increased by 69.2% over the same period, from $190K to $321K. Total functional expenses rose by 17%, from $621K to $727K. In its most recent filing year (2023), Military Religious Freedom Foundation Inc reported a surplus of $50K, with revenue exceeding expenses. The organization holds $36K in liabilities against $321K in assets (debt-to-asset ratio: 11.3%), resulting in net assets of $285K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $777K | $727K | $321K | $36K | — | — |
| 2022 | $446K | $766K | $267K | $32K | — | — |
| 2021 | $837K | $720K | $588K | $4K | — | View 990 |
| 2020 | $680K | $653K | $202K | $36K | — | View 990 |
| 2019 | $663K | $712K | $142K | $3K | — | View 990 |
| 2018 | $724K | $740K | $192K | $3K | — | View 990 |
| 2017 | $723K | $701K | $208K | $3K | — | View 990 |
| 2016 | $681K | $716K | $192K | $5K | — | View 990 |
| 2015 | $677K | $686K | $213K | $245 | — | View 990 |
| 2014 | $699K | $675K | $231K | $9K | — | View 990 |
| 2013 | $702K | $691K | $208K | $10K | — | View 990 |
| 2012 | $584K | $582K | $192K | $5K | — | View 990 |
| 2011 | $699K | $621K | $190K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $777K, expenses of $727K, and assets of $321K (revenue +74.3% year-over-year).
- 2022: Revenue of $446K, expenses of $766K, and assets of $267K (revenue -46.7% year-over-year).
- 2021: Revenue of $837K, expenses of $720K, and assets of $588K (revenue +23.0% year-over-year).
- 2020: Revenue of $680K, expenses of $653K, and assets of $202K (revenue +2.5% year-over-year).
- 2019: Revenue of $663K, expenses of $712K, and assets of $142K (revenue -8.3% year-over-year).
- 2018: Revenue of $724K, expenses of $740K, and assets of $192K (revenue +0.1% year-over-year).
- 2017: Revenue of $723K, expenses of $701K, and assets of $208K (revenue +6.1% year-over-year).
- 2016: Revenue of $681K, expenses of $716K, and assets of $192K (revenue +0.7% year-over-year).
- 2015: Revenue of $677K, expenses of $686K, and assets of $213K (revenue -3.2% year-over-year).
- 2014: Revenue of $699K, expenses of $675K, and assets of $231K (revenue -0.3% year-over-year).
- 2013: Revenue of $702K, expenses of $691K, and assets of $208K (revenue +20.1% year-over-year).
- 2012: Revenue of $584K, expenses of $582K, and assets of $192K (revenue -16.4% year-over-year).
- 2011: Revenue of $699K, expenses of $621K, and assets of $190K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Military Religious Freedom Foundation Inc:
Data Sources and Methodology
This transparency report for Military Religious Freedom 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.