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Nonprofit · EIN 46-3138284

MARTHAS FOUNDATION

Tax-exempt (reinstated) · TULSA, OK 74157

Financials

$295K$209K2023$352K$290K2024
Revenue Expenses · by fiscal year end
Financials of MARTHAS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$352,086$289,931$62,155$190,369$0$190,369
December 31, 2023990$294,740$209,159$85,581$140,275$12,061$128,214
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$341,411
of which government grants
$258,311
Membership dues
$220
Program service revenue
$0
Investment income
$10,675
Net gain from sales of assets
$10,675
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$189,755
Salaries, compensation and benefits (total)
$214,528
Professional fundraising fees
$0
Accounting fees
$1,500
Occupancy
$29,955
Depreciation
$8,924
Program services (functional)
$257,879
Management and general (functional)
$29,652
Fundraising (functional)
$2,400

Balance sheet and other

Total assets, start of year
$140,275
Total assets, end of year
$190,369
Total liabilities, end of year
$0
Net assets, end of year
$190,369
Land, buildings and equipment
$20,666
Gross receipts
$367,113
Employees
0
Volunteers
25
Year formed
2013
State of legal domicile
OK

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Myrtle WatsonFounder
Trustee or director
7$0
Hope EdwardsPresident
Trustee or director
1$0
Rhonda MartinSecretary
Trustee or director
7$0
Karen BauerBoard Member
Trustee or director
5$0
Tiffany RodriquezBoard Member
Trustee or director
1$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Myrtle WatsonFounder
Trustee or director
40$0
Hope EdwardsPresident
Trustee or director
8$0
Mea MolnerTreasurer
Trustee or director
5$0
Shannon LoveallInterim Treasurer
Trustee or director
10$0
Tiffany RodriquezBoard Member
Trustee or director
10$0
Tia WaldropBoard Member
Trustee or director
5$0

Address and contacts

Address (IRS master file)
PO BOX 9532, TULSA, OK 74157-0532
In care of
% MYRTLE WATSON
Principal officer (990 for 2024)
Myrtle Watson, 6462 S 32nd Ave W, Tulsa, OK 74132
Signed the 990
Myrtle Watson, Founder
Phone
(539) 867-1424
Return prepared by
GREEN COUNTRY TAX & ACCOUNTING LLC

Mission

To provide pregnant teens with a safe residence and assist them in becoming independent and productive community members.

990 for the year ended December 31, 2024

Program accomplishments

  • Provide stable housing for thirteen young ladies who needed housing, and provided assistance in graduating high school and obtaining drivers licenses. Six clients were pregnant and seven clients were parenting. Three clients completed CNA School
    Expenses $257,879

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Check at the IRS
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-3138284
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P42)
Assets (IRS master file)
$340,439
Income (IRS master file)
$556,670

Revocation and reinstatement

Exemption revoked
May 15, 2013
Posted by the IRS
November 18, 2015
Reinstated
Effective May 15, 2013

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$352,086$289,931$190,369XML
990December 2023$294,740$209,159$140,275XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-3138284).

Questions about MARTHAS FOUNDATION

What is the EIN of MARTHAS FOUNDATION?
The employer identification number (EIN) of MARTHAS FOUNDATION is 46-3138284.
Is MARTHAS FOUNDATION tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2013 and reinstated it effective May 15, 2013.
Are donations to MARTHAS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MARTHAS FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MARTHAS FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARTHAS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MARTHAS FOUNDATION?
The 990 for the year ended December 31, 2024 names Myrtle Watson.
Who are the officers and directors of MARTHAS FOUNDATION?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does MARTHAS FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $352,086, expenses of $289,931 and total assets of $190,369 at year end.

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