Ray E Martin Memorial Fund is a 501(c)(3) organization based in San Antonio, Texas, registered in 2004, with $110,026 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$110K
▲ 363.7% vs prior year
Education median: $200K
Expenses (FY2024)
$49K
Net assets
$215K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Ray E Martin Memorial Fund— 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 Ray E Martin Memorial Fund: 53 mo reserves · +56% margin earns a A 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 Ray E Martin Memorial Fund— 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 Ray E Martin Memorial Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $121K (FY2018) to $110K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
55.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$215K
Total liabilities
$0
Net assets
$215K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $110,026▲364% | $48,849▲21.2% | $215,284▲39.7% | $215,284▲39.7% | 990EZ |
| 2023 | $23,730▼79.3% | $40,311▼70.8% | $154,107▼9.7% | $154,107▼9.7% | 990EZ |
| 2022 | $114,399▼17.1% | $137,967▲121% | $170,688▼12.1% | $170,688▼12.1% | 990EZ |
| 2021 | $137,963▲28.6% | $62,429▼35.6% | $194,256▲63.6% | $194,256▲63.6% | 990EZ |
| 2020 | $107,242▲249% | $96,919▲24.1% | $118,722▲9.5% | $118,722▲9.5% | 990EZ |
| 2019 | $30,697▼74.7% | $78,078▼6.6% | $108,399▼30.4% | $108,399▼30.4% | 990EZ |
| 2018 | $121,267 | $83,627 | $155,780 | $155,780 | 990EZ |
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.
2 grants to Ray E Martin Memorial Fund totaling $56K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Network For Good Inc | Unrestricted | 2022 | $32,735 |
| Network For Good Inc | Unrestricted | 2021 | $22,909 |
Explore more
Data for Ray E Martin Memorial Fund (EIN 20-0290447) 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.