Matt Blackwell Foundation Inc

Nonprofit profile at a glance

EIN
571127141
IRS 990-EZ coverage
2021–2025
Forms available
Form 990-EZ 2025
Location
Lancaster, SC, USA
Phone
8032874790
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Official website

Reported finances

Revenue
$13,891
Expenses
$12,414
Assets
$16,840

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • Larry Blackwell (Executive Director)

People named in this filing

  • Larry Blackwell (Executive Director)
  • Janice Blackwell (Secretary)
  • Butch Small (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Matt Blackwell Foundation's purpose is to help Lancaster County youth achieve success in life by providing sponsorships and scholarships to youth based on their financial need. To continue to fund the Matt Blackwell Foundation Endowed Scholarship at Clemson University.

What it reported doing in 2025

Clemson University Foundation for Matt Blackwell Foundation scholarship endowment.

Operating model

Revenue model
Other-operating. 65% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 82
  • Sustainability: 52
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.4%; rating input score 79
  • Program expense ratio: 88.2%; rating input score 88

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 10.6%; rating input score 61; 61st percentile among comparable filings
  • Total-asset coverage ratio: 1.36; rating input score 56; 56th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -18% per year; rating input score 0; 21st percentile among comparable filings
  • Revenue growth: 1.9% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: -15.2% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 79.4% of revenue deployed · 88.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $11K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 56/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.