Matthew D Barsamian Foundation Inc
Nonprofit profile at a glance
- EIN
- 851374924
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Nashville, TN, USA
- Phone
- 2489530417
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $59,886
- Expenses
- $25,361
- Assets
- $286,003
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- LAUREN BARSAMIAN (PRESIDENT)
People named in this filing
- LAUREN BARSAMIAN (PRESIDENT)
- ROBERT SANZILLO (DIRECTOR)
- MICHAEL SANZILLO (DIRECTOR)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Through carefully selected organizations and special projects, we will aim at improving the lives of underprivileged and underserved detroit and New York youth through sports, mentorship, and recreational infrastructure. Through these efforts, we hope to make lasting positive changes within the regions of which matt cared about so deeply. While he was taken too soon, there is no doubt matts teammates and fans will carry on his legacy in meaningful and impactful ways for years to come. As our guy would say, its time to go to work. Next play.
What it reported doing in 2024
Provided grants to various organizations during the year with the purpose of helping those in need.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 51
- Transparency & Controls: 100
- Sustainability: 78
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 33.9%; rating input score 34
- Program expense ratio: 80%; rating input score 80
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 57.7%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 11.28; rating input score 93; 93rd 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: 128.1% per year; rating input score 100; 98th percentile among comparable filings
- Revenue growth: -11.4% per year; rating input score 0; 22nd percentile among comparable filings
- Asset growth: 11.8% per year; rating input score 100; 76th percentile among comparable filings
Details
- Where the money goes: 33.9% of revenue deployed · 80% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $20K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 34/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.