Matthew's Gift Inc
Nonprofit profile at a glance
- EIN
- 813019402
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2018
- Location
- Daytona Beach, FL, USA
- Phone
- 8132052864
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Heart and Circulatory System Diseases, Disorders
Reported finances
- Revenue
- $146,497
- Expenses
- $61,747
- Assets
- $253,444
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Matthew Gable (President)
- Ashley Gable (Vice President)
People named in this filing
- Matthew Gable (President)
- Ashley Gable (Vice President)
- Lindzee Folgate (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide funding to families who have children with severe medical needs, to provide funding for medical research, and to provide monetary donations to
What it reported doing in 2024
Gift Cards to families for gas, meals, and lodging relatedto their hospitalized child for severe medical needs.
Operating model
- Revenue model
- Donor-supported. 82% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
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: 55
- Transparency & Controls: 82
- Sustainability: 80
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 36.3%; rating input score 36
- Program expense ratio: 86.1%; rating input score 86
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 57.9%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 4.1; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 30.5% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: -10.2% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: 8.2% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 36.3% of revenue deployed · 86.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $53K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2019 to 2024
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 36/100.
- High — Growth: Revenue growth scored 0/100.