Ruth Ann Fate And Martin E Fate Jr Foundation
EIN: 736271269 · Tulsa, OK
| Metric | Value |
|---|---|
| Total Revenue | $966 |
| Total Expenses | $525 |
| Net Assets | $17K |
Is Ruth Ann Fate And Martin E Fate Jr Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ruth Ann Fate And Martin E Fate Jr Foundation
Ruth Ann Fate And Martin E Fate Jr Foundation (EIN: 736271269) is a nonprofit organization based in Tulsa, OK. The organization reported total revenue of $966 and total assets of $18K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ruth Ann Fate And Martin E Fate Jr Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ruth Ann Fate And Martin E Fate Jr Foundation is a micro nonprofit that has been operating for 33 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -48.3%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $934 |
| Total Expenses | $525 |
| Surplus / Deficit | +$409 |
| Total Assets | $17K |
| Total Liabilities | $1 |
| Net Assets | $17K |
| Operating Margin | 43.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 395.5 months |
Financial Health Grade: A
In 2015, Ruth Ann Fate And Martin E Fate Jr Foundation reported a surplus of $409 with revenue exceeding expenses, holds 395.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), Ruth Ann Fate And Martin E Fate Jr Foundation's revenue has declined at a compound annual growth rate (CAGR) of -48.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -70.4% | +11.7% | +2.4% |
| 2014 | +166.4% | +4.4% | +18.9% |
| 2013 | -94.7% | -98.7% | +5.5% |
| 2012 | +71.2% | -7.1% | -46.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ruth Ann Fate And Martin E Fate Jr 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 Ruth Ann Fate And Martin E Fate Jr 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $409, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Ruth Ann Fate And Martin E Fate Jr Foundation
Is Ruth Ann Fate And Martin E Fate Jr Foundation a legitimate charity?
Ruth Ann Fate And Martin E Fate Jr Foundation (EIN: 736271269) is a registered tax-exempt nonprofit based in Oklahoma. It has 5 years of IRS 990 filings on record. Total revenue: $966. No red flags identified. Financial health grade: A.
How does Ruth Ann Fate And Martin E Fate Jr Foundation spend its money?
Ruth Ann Fate And Martin E Fate Jr Foundation reported $966 in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ruth Ann Fate And Martin E Fate Jr Foundation tax-deductible?
Ruth Ann Fate And Martin E Fate Jr Foundation is registered as a tax-exempt nonprofit (EIN: 736271269). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ruth Ann Fate And Martin E Fate Jr Foundation located?
Ruth Ann Fate And Martin E Fate Jr Foundation is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 736271269.
How many years of IRS 990 filings does Ruth Ann Fate And Martin E Fate Jr Foundation have?
Ruth Ann Fate And Martin E Fate Jr Foundation has 5 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 $966 in total revenue.
Filing History
IRS 990 filing history for Ruth Ann Fate And Martin E Fate Jr Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Ruth Ann Fate And Martin E Fate Jr Foundation's revenue has declined by 92.9%, moving from $13K to $934. Total assets decreased by 31.2% over the same period, from $25K to $17K. Total functional expenses fell by 98.6%, from $37K to $525. In its most recent filing year (2015), Ruth Ann Fate And Martin E Fate Jr Foundation reported a surplus of $409, with revenue exceeding expenses. The organization holds $1 in liabilities against $17K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $17K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $934 | $525 | $17K | $1 | — | View 990 |
| 2014 | $3K | $470 | $17K | $1 | — | View 990 |
| 2013 | $1K | $450 | $14K | $1 | — | View 990 |
| 2012 | $22K | $34K | $13K | $1 | — | View 990 |
| 2011 | $13K | $37K | $25K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $934, expenses of $525, and assets of $17K (revenue -70.4% year-over-year).
- 2014: Revenue of $3K, expenses of $470, and assets of $17K (revenue +166.4% year-over-year).
- 2013: Revenue of $1K, expenses of $450, and assets of $14K (revenue -94.7% year-over-year).
- 2012: Revenue of $22K, expenses of $34K, and assets of $13K (revenue +71.2% year-over-year).
- 2011: Revenue of $13K, expenses of $37K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ruth Ann Fate And Martin E Fate Jr Foundation:
Data Sources and Methodology
This transparency report for Ruth Ann Fate And Martin E Fate Jr 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.