Bob & Carol Martin Foundation
Only null% goes to programs Strong reserves Growing revenue
Bob & Carol Martin Foundation is a 501(c)(3) organization based in Houston, Texas, registered in 2007, with $320 in FY2024 revenue. CharityIndex grades it C+.
5615 Kirby Dr Ste 805, Houston, TX, 77005 EIN 20-1796356 Since 2007
Revenue (FY2024)
$320
▲ 8.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$274
Net assets
$3,977
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Bob & Carol Martin Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating174 mo reserves · +14% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bob & Carol Martin Foundation: 174 mo reserves · +14% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Bob & Carol Martin Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bob & Carol Martin Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 5615 Kirby Dr Ste 805, Houston, TX, 77005
- City
- Houston
- State
- Texas
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $7 (FY2013) to $320 (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $115Net assets $3,977
Operating margin
14.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4,092
Total liabilities
$115
Net assets
$3,977
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $320▲8.5% | $274▲9.6% | $3,977▲1.2% | $4,092▲1.1% | 990PF |
| 2023 | $295▲168% | $250▲117% | $3,931▲1.2% | $4,046▲1.1% | 990PF |
| 2022 | $110▲10900% | $115▼23.3% | $3,886▼0.1% | $4,001▲2.8% | 990PF |
| 2021 | $1▼50.0% | $150 | $3,891▼3.7% | $3,891▼3.7% | 990PF |
| 2020 | $2 | $0 | $4,040 | $4,040 | 990PF |
| 2019 | $2 | $0▼100% | $4,038 | $4,038 | 990PF |
| 2018 | $2▼33.3% | $251▼49.8% | $4,036▼5.8% | $4,036▼5.8% | 990PF |
| 2017 | $3 | $500 | $4,285▼10.4% | $4,285▼10.4% | 990PF |
| 2016 | $3▼25.0% | $500 | $4,782▼9.4% | $4,782▼9.4% | 990PF |
| 2015 | $4▼33.3% | $500 | $5,279▼8.6% | $5,279▼8.6% | 990PF |
| 2014 | $6▼14.3% | $500 | $5,775▼7.9% | $5,775▼7.9% | 990PF |
| 2013 | $7 | $500▼23.4% | $6,269▼7.3% | $6,269▼7.3% | 990PF |
| 2012 | — | $653▲30.6% | $6,762▼8.7% | $6,762▼8.7% | 990PF |
| 2011 | — | $500▼84.4% | $7,406▼6.2% | $7,406▼6.2% | 990PF |
| 2010 | — | $3,200 | $7,894 | $7,894 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Similar organizations in Philanthropy
Compare Bob & Carol Martin Foundation
Frequently asked questions
- Is Bob & Carol Martin Foundation a legitimate nonprofit?
- Yes. Bob & Carol Martin Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-1796356, based in Houston, Texas. Donations are tax-deductible.
- What is Bob & Carol Martin Foundation's EIN?
- Bob & Carol Martin Foundation's Employer Identification Number (EIN) is 20-1796356.
- How much revenue does Bob & Carol Martin Foundation report?
- Bob & Carol Martin Foundation reported $320 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Bob & Carol Martin Foundation have?
- CharityIndex grades Bob & Carol Martin Foundation C+, based on financial health (reserves and operating margin).
More nonprofits in Houston
Explore more
Data for Bob & Carol Martin Foundation (EIN 20-1796356) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.