Marthas Task INC EIN 73-1594584

Marthas Task INC FY2021 filing

EIN  73-1594584 Public charity (501(c)(3)) Bartlesville, OK
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowers women with income-generating opportunities and job skills training.
Leadership
Rosemary Carlson · Secretary
Money in and out
$108K revenue, $98K expenses
Bottom line
94% program efficiency

Empowers women with income-generating opportunities and job skills training. For fiscal year 2021 it reported $108K in revenue, $98K in expenses, and $184K in net assets.Pt I

Where the money goes · FY2021
Total revenue
$108K
Pt VIII · Ln 12
Total expenses
$98K
Pt IX · Ln 25
Net assets
$184K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $10K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.06
Program efficiency
94%
of spending reaches programs
Operating runway
7.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+9%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$108K
FY2021▲ +22%
Expenses
$98K
FY2021▲ +9%
Total assets
$184K
FY2021▲ +6%
Total liabilities
$793
FY2021▼ -1%
Total revenue
$108K
Pt VIII · Ln 12
Total expenses
$98K
Pt IX · Ln 25
Net assets
$184K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$10K
Total assetsPt X · Ln 16$184K
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $91K of program spending, described in the organization's own filed words · FY2021.
01

Provides women an opportunity to learn work skills.

$91Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMarthas Task INC
EINHdr · item D73-1594584
Principal addressHdr · item CBartlesville, OK
WebsiteHdr · item Jwww.marthastask.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOK
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFOct 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$88K · 81%
Program service revenue$18K · 16%
Other revenue$2K · 2%
Contributions & grants81%$88K
Program service revenue16%$18K
Other revenue2%$2K
Investment income$357
Total revenueLn 12$108K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.06
Program services94%$91K
Management & general6%$6K
Total functional expensesLn 25$98K

Balance Sheet

Part X · end of year
CashLn 1$57K
Total assetsLn 16$184K
Total liabilitiesLn 26$793
Total net assetsLn 32$184K
Months of cash on handcomputed6.9

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $63K · Operating expenses/yr $98K
7.7 months
Where the money goes
Program services
Program services $91K · Total expenses $98K
94%
Management & General
Management & general $6K · Total expenses $98K
6%
Fundraising
Fundraising $0 · Total expenses $98K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $82K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $88K · Total revenue $108K
81%
Government reliance
Government grants — · Total revenue $108K
Earned-income share
Program service revenue $18K · Total revenue $108K
16%
Investment reliance
Investment income $357 · Total revenue $108K
0%
Program self-sufficiency
Program service revenue $18K · Total expenses $98K
18%
Growth & trend
Revenue growth (YoY)
This year $108K · Prior year $88K
+22%
Net-asset trend (YoY)
End of year $184K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $108K · Expenses $98K
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $184K
Net-asset ratio
Net assets $184K · Total assets $184K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $6K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $184K
3%
People & payroll
Highest Reported Total Compensation
Individual Rosemary Carlson · Reported title SECRETARY · Highest reported compensation $0 · Total expenses $98K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $43K · Total expenses $98K
44%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 6%
Fundraising cost ratio 0%
Revenue growth 22%
Investment management fee ratio 0%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$6K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$104K revenue · ⤓ 990 PDF
FY2023$113K revenue · ⤓ 990 PDF
FY2022$96K revenue · ⤓ 990 PDF
FY2021$108K revenue · viewing · ⤓ 990 PDF
FY2020$88K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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