Ivan W and Alma E Martin Family Foundation is a 501(c)(3) organization based in Elizabethvle, Pennsylvania, registered in 2016, with $9,836 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$9,836
▼ 60.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$285K
Net assets
$716K
Employees
—
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 Ivan W and Alma E Martin Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Ivan W and Alma E Martin Family Foundation: 30 mo reserves · -2798% margin earns a F on this criterion. See the exact thresholds →
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 Ivan W and Alma E Martin Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Ivan W and Alma E Martin Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $5.0M (FY2015) to $9,836 (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-2797.7%
Spent more than it raised in the latest fiscal year.
Total assets
$716K
Total liabilities
$0
Net assets
$716K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $9,836▼60.0% | $285,016▼3.3% | $715,710▼27.8% | $715,710▼27.8% | 990PF |
| 2023 | $24,564▼36.4% | $294,876▼36.2% | $990,890▼21.4% | $990,890▼21.4% | 990PF |
| 2022 | $38,604▼11.4% | $462,316▼10.9% | $1,261,202▼25.1% | $1,261,202▼25.1% | 990PF |
| 2021 | $43,571▲112% | $518,814▲24.6% | $1,684,914▼22.0% | $1,684,914▼22.0% | 990PF |
| 2020 | $20,574▼61.6% | $416,339▼14.4% | $2,160,157▼15.5% | $2,160,157▼15.5% | 990PF |
| 2019 | $53,535▼53.3% | $486,494▼46.9% | $2,555,922▼14.5% | $2,555,946▼14.5% | 990PF |
| 2018 | $114,755▲119% | $916,832▲29.9% | $2,988,881▼21.2% | $2,988,881▼21.2% | 990PF |
| 2017 | $52,498▲441% | $705,559▲36.6% | $3,790,958▼14.7% | $3,790,958▼14.7% | 990PF |
| 2016 | $9,698▼99.8% | $516,382▲933% | $4,444,019▼10.2% | $4,444,019▼10.2% | 990PF |
| 2015 | $5,000,703 | $50,000 | $4,950,703 | $4,950,703 | 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.
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Data for Ivan W and Alma E Martin Family Foundation (EIN 47-5620893) 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.