William J Martin Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
William J Martin Foundation Inc is a 501(c)(3) organization based in Lk Hopatcong, New Jersey, registered in 2002, with $37,014 in FY2023 revenue. CharityIndex grades it B.
161 Espanong Rd, Lk Hopatcong, NJ, 07849 EIN 01-0660247 Since 2002
Revenue (FY2023)
$37K
▲ 48.3% vs prior year
Education median: $200K
Expenses (FY2023)
$31K
Net assets
$147K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 →—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 William J Martin Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating57 mo reserves · +16% 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 William J Martin Foundation Inc: 57 mo reserves · +16% margin earns a A 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 William J Martin Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 William J Martin Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 161 Espanong Rd, Lk Hopatcong, NJ, 07849
- City
- Lk Hopatcong
- State
- New Jersey
- Category
- Education
- Subcategory
- Student Services & Aid
- Website
- …
Financial trends
Revenue grew from $18K (FY2013) to $37K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $147K
Operating margin
16.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$147K
Total liabilities
$0
Net assets
$147K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $37,014▲48.3% | $30,928▲3.5% | $146,662▲4.3% | $146,662▲4.3% | 990PF |
| 2022 | $24,955▼5.2% | $29,895▲66.2% | $140,576▼3.4% | $140,576▼3.4% | 990PF |
| 2021 | $26,332▲23.3% | $17,985▼45.0% | $145,516▲6.1% | $145,516▲6.1% | 990PF |
| 2020 | $21,359▼8.4% | $32,698▲50.4% | $137,169▼7.6% | $137,169▼7.6% | 990PF |
| 2019 | $23,317▼44.6% | $21,746▼42.8% | $148,508▲1.1% | $148,508▲1.1% | 990PF |
| 2018 | $42,080▲130% | $38,019▲94.9% | $146,937▲2.8% | $146,937▲2.8% | 990PF |
| 2017 | $18,326▲0.9% | $19,511▲13.7% | $142,876▼0.8% | $142,876▼0.8% | 990PF |
| 2016 | $18,158▲64.0% | $17,164▼53.9% | $144,061▲0.7% | $144,061▲0.7% | 990PF |
| 2015 | $11,075▼47.1% | $37,212▲1375% | $143,067▼15.4% | $143,067▼15.4% | 990PF |
| 2014 | $20,920▲15.5% | $2,523▼85.5% | $169,204▲12.2% | $169,204▲12.2% | 990PF |
| 2013 | $18,117 | $17,367▲1.2% | $150,807▲0.5% | $150,807▲0.5% | 990PF |
| 2012 | — | $17,163▼21.6% | $150,057▲1.9% | $150,057▲1.9% | 990PF |
| 2011 | — | $21,890 | $147,269 | $147,269 | 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 William J Martin Foundation Inc a legitimate nonprofit?
- Yes. William J Martin Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 01-0660247, based in Lk Hopatcong, New Jersey. Donations are tax-deductible.
- What is William J Martin Foundation Inc's EIN?
- William J Martin Foundation Inc's Employer Identification Number (EIN) is 01-0660247.
- How much revenue does William J Martin Foundation Inc report?
- William J Martin Foundation Inc reported $37,014 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does William J Martin Foundation Inc have?
- CharityIndex grades William J Martin Foundation Inc B, based on financial health (reserves and operating margin).
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Data for William J Martin Foundation Inc (EIN 01-0660247) 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.