M516 INC FY2020 filing

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2020 · 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
28.1 mo
of spending, in cash
28.1 months of spending in cash.
990-PF Pt II · Ln 1–2 · Pt I · Ln 26
Liabilities
$420
0.1% of total assets
Liabilities are 0.1% of assets.
990-PF Pt II · Ln 23
Revenue
$172K
Spent
$129K
Net assets
$302K
By yearFY2020–FY2024
Revenue
$172K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$172K
FY2021$135K
FY2023$147K
FY2024$154K
Expenses
$129K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$129K
FY2021$132K
FY2023$164K
FY2024$185K
Net assets
$302K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$302K
FY2021$305K
FY2023$201K
FY2024$170K

From the FY2020 Form 990 · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

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.

Grants & contributions paid 1% · $1K Operating & administrative 99% · $128K

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

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

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

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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 FY2020 990-PF, line by line.

1The main four
Money in
$172K
Gifts and grants$140K
Other income$33K
Investment income$75
Money out
$129K
Grants paid$1K
Running costs$128K
Owns and owes
$302K
net assets
Cash and savings$302K
Total assets$302K
Liabilities$420
2In more detail
Revenue in detail
Gifts and grants$140K
Investment income$75
Other income$33K
Total revenue$172K
Assets in detailEnd of year
Cash and savings together$302K
Total assets$302K
Liabilities$420
Net assets$302K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled 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
FY2020 ViewingFiled 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 FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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