The Martinez Foundation
Nonprofit profile at a glance
- EIN
- 352335890
- IRS 990-EZ coverage
- 2016–2017
- Forms available
- Form 990 2015, Form 990-EZ 2017
- Location
- Bellevue, WA, USA
- Phone
- 4256148585
- Rating
- 44
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $5,274
- Expenses
- $7,916
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- HOLLI MARTINEZ (PRESIDENT)
- EDGAR MARTINEZ (VICE PRESIDENT)
People named in this filing
- HOLLI MARTINEZ (PRESIDENT)
- EDGAR MARTINEZ (VICE PRESIDENT)
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 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The martinez foundation seeks to close the academic achievement gap by preparing and supporting diverse and highly-qualified teachers who will raise expectations, accelerate learning and close the achievement gap by granting scholarships and promoting innovative social justice curriculum. Our mission is to improve teacher diversity and the retention of teachers of color in Washington state. The martinez foundation is the only nonprofit organization in Washington state whose focus is to recruit, support and retain teachers of color in their profession. As of december 31, 2016, all programs have been transferred to the technology access foundation.
What it reported doing in 2017
There was a distribution of the remaining fixed assets with a book value of $421, and leftover cash of $1,200 made to technology access foundation.
Operating model
- Revenue model
- Donor-supported. 88% 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
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 27
- Transparency & Controls: 76
- Sustainability: 12
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 30.7%; rating input score 31
- Program expense ratio: 20.5%; rating input score 20
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 2nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -50.1%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd 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: -192.5% per year; rating input score 0; 1st percentile among comparable filings
- Revenue growth: -24.7% per year; rating input score 0; 13th percentile among comparable filings
- Asset growth: -27.1% per year; rating input score 0; 8th percentile among comparable filings
Details
- Where the money goes: 30.7% of revenue deployed · 20.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $2K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2016 to 2017
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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 31/100.
- High — Financial Efficiency: Program expense ratio scored 20/100.
- High — Sustainability: Operating margin scored 11/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.