The M and M Foundation is a 501(c)(3) organization based in Santa Barbara, California, registered in 2024, with $43,133 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$43K
▼ 58.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$222K
Net assets
$1.5M
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 The M and M 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 The M and M Foundation: 80 mo reserves · -415% 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 The M and M 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 The M and M Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from -$26K (FY2013) to $43K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-415.0%
Spent more than it raised in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$0
Net assets
$1.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $43,133▼58.9% | $222,152▼4.1% | $1,489,565▼10.7% | $1,489,565▼10.7% | 990PF |
| 2023 | $104,876▼27.0% | $231,682▼28.4% | $1,668,584▲287% | $1,668,584▲262% | 990PF |
| 2017 | $143,756▲440% | $323,453▲168% | $431,133▼29.4% | $461,133▼24.5% | 990PF |
| 2016 | $26,633▲30.7% | $120,917▲9.5% | $610,830▼13.4% | $610,830▼13.4% | 990PF |
| 2015 | $20,372▼94.5% | $110,425▲1.7% | $705,114▼11.3% | $705,114▼11.3% | 990PF |
| 2014 | $370,504▲1503% | $108,626▲3.3% | $795,167▲49.1% | $795,167▲49.1% | 990PF |
| 2013 | -$26,415 | $105,146▲20.8% | $533,289▼19.8% | $533,289▼19.8% | 990PF |
| 2012 | — | $87,013▼10.5% | $664,850▼8.8% | $664,850▼8.8% | 990PF |
| 2011 | — | $97,176▲12.3% | $728,944▼26.4% | $728,944▼26.5% | 990PF |
| 2010 | — | $86,567 | $990,115 | $992,165 | 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 The M and M Foundation (EIN 77-0556003) 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.