M516 INC

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

How does your 990 look to donors? Take the 10-Question Audit

501(c)(3) charity; gifts are tax-deductible.
$88K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: 990-PF Part VIII

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average deficit $420 a year · 0.3% of revenue · last 4 filings
A surplus in 2 of the last 4 filings.
990-PF Pt I · 4 filings
Pay to officers and key staff
$88K
to officers and key staff · 47% of spending
Pay to officers and key staff is 47% of spending.
990-PF Part VIII
11.1 mo
of spending, in cash
11.1 months of spending in cash.
990-PF Pt II · Ln 1–2 · Pt I · Ln 26
Liabilities
$1K
0.8% of total assets
Liabilities are 0.8% of assets.
990-PF Pt II · Ln 23
Revenue
$154K
+5% vs prior year
Spent
$185K
Net assets
$170K
By yearFY2020–FY2024
Revenue
$154K
FY2024▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2020$172K
FY2021$135K
FY2023$147K
FY2024$154K
Expenses
$185K
FY2024▲ +13%
Tap a bar for its year
Expenses by fiscal year
FY2020$129K
FY2021$132K
FY2023$164K
FY2024$185K
Net assets
$170K
FY2024▼ -15%
Tap a bar for its year
Net assets by fiscal year
FY2020$302K
FY2021$305K
FY2023$201K
FY2024$170K

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Operating & administrative 100% · $185K

Form 990-PF Part I, lines 24–26. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

6 people listed on the 990-PF; $88K paid to officers and key staff (990-PF Part VIII).

990-PF Part VIII · reportable compensation
President
$88,000990-PF Pt VIII
$0990-PF Pt VIII
$0990-PF Pt VIII
Chairman
$0990-PF Pt VIII
Director
$0990-PF Pt VIII
$0990-PF Pt VIII

Compensation history total reportable pay by year · 1 named individual · 990-PF Part VIII

NameFY2024FY2021
Ryan Young$88,000$77,000

Total reportable compensation (Form 990-PF Part VIII column (c) / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See M516 INC executive salaries →

Programs and updates

A private foundation based in Elk City, OK.

Questions for M516 INC

Tap to ask. M516 INC sees how many people are interested.

Your first name shows with your question. M516 INC answers here, for everyone.

Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 1 grant · $1K · 2021–2021
Individual RecipientFY2021$1,000

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$1K
Median grantPart XV$1K
Largest grantPart XV$1K

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$154K
Gifts and grants$132K
Other income$23K
Investment income$30
Money out
$185K
Running costs$185K
Owns and owes
$170K
net assets
Cash and savings$172K
Total assets$172K
Liabilities$1K
People
6
listed
Paid1
2In more detail
Revenue in detail
Gifts and grants$132K
Investment income$30
Other income$23K
Total revenue$154K
Assets in detailEnd of year
Cash and savings together$172K
Total assets$172K
Liabilities$1K
Net assets$170K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 4, 2025 $154K$185K−$31K$170K 990 PDF
FY2023Filed with the IRS Oct 23, 2024 $147K$164K−$17K$201K 990 PDF
FY2022 Not on file
FY2021Filed with the IRS Nov 10, 2022 $135K$132K$3K$305K 990 PDF
FY2020Filed with the IRS Nov 3, 2021 $172K$129K$43K$302K 990 PDF

Schedules filed Part IV

G · Fundraising L · Interested persons R · Related orgs

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.