Mk 2 Foundation
Only null% goes to programs Strong reserves Growing revenue
Mk 2 Foundation is a 501(c)(3) organization based in Houston, Texas, registered in 1997, with $132,516 in FY2025 revenue. CharityIndex grades it C+.
2929 Westheimer Rd Apt 308, Houston, TX, 77098 EIN 76-0537908 Since 1997
Revenue (FY2025)
$133K
▲ 127.3% vs prior year
Philanthropy median: $168K
Expenses (FY2025)
$107K
Net assets
$1.1M
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 Mk 2 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 rating119 mo reserves · +19% 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 Mk 2 Foundation: 119 mo reserves · +19% 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 Mk 2 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 Mk 2 Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2929 Westheimer Rd Apt 308, Houston, TX, 77098
- City
- Houston
- State
- Texas
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $87K (FY2014) to $133K (FY2025) across 12 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $0Net assets $1.1M
Operating margin
19.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$0
Net assets
$1.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $132,516▲127% | $107,071▲9.7% | $1,059,664▲2.5% | $1,059,664▲2.5% | 990PF |
| 2024 | $58,306▼40.5% | $97,591▲34.8% | $1,034,219▼3.7% | $1,034,219▼3.7% | 990PF |
| 2023 | $97,953▲263% | $72,400▼1.9% | $1,073,504▲2.4% | $1,073,504▲2.4% | 990PF |
| 2022 | $26,960▼77.6% | $73,777▼7.3% | $1,047,951▼4.3% | $1,047,951▼4.3% | 990PF |
| 2021 | $120,170▲2.7% | $79,615▲13.5% | $1,094,768▲3.8% | $1,094,768▲3.8% | 990PF |
| 2020 | $117,008▲33.2% | $70,118▲20.1% | $1,054,213▲4.7% | $1,054,213▲4.7% | 990PF |
| 2019 | $87,861▼12.2% | $58,364▼25.0% | $1,007,323▲3.0% | $1,007,323▲3.0% | 990PF |
| 2018 | $100,061▲32.1% | $77,849▲918% | $977,826▲2.3% | $977,826▲2.3% | 990PF |
| 2017 | $75,743▲70.1% | $7,645▼88.8% | $955,614▲7.7% | $955,614▲7.7% | 990PF |
| 2016 | $44,522▼16.4% | $67,999▲18.4% | $887,516▼2.6% | $887,516▼2.6% | 990PF |
| 2015 | $53,238▼38.9% | $57,414▼22.7% | $910,993▼0.5% | $910,993▼0.5% | 990PF |
| 2014 | $87,066 | $74,296 | $915,169 | $915,169 | 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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Frequently asked questions
- Is Mk 2 Foundation a legitimate nonprofit?
- Yes. Mk 2 Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 76-0537908, based in Houston, Texas. Donations are tax-deductible.
- What is Mk 2 Foundation's EIN?
- Mk 2 Foundation's Employer Identification Number (EIN) is 76-0537908.
- How much revenue does Mk 2 Foundation report?
- Mk 2 Foundation reported $132,516 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Mk 2 Foundation have?
- CharityIndex grades Mk 2 Foundation C+, based on financial health (reserves and operating margin).
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Data for Mk 2 Foundation (EIN 76-0537908) 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.