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Marble Freedom Trust

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Summary charts: organization finances over time

Revenue
$48.5M (2023)

Expenses
$224M (2023)

Total Assets
$1.04B (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2021 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending April
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$48,470,772
Expenses
$223,627,384
Net Income
-$175,156,612
Net Assets
$1,042,289,889
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $26,662,557
55.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $21,808,215
45.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,170,000
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $100,000
0.0%
Assets/Debt
Total Assets $1,042,289,889
Total Liabilities $0
Net Assets $1,042,289,889
Compensation
Key Employees and Officers Compensation Related Other
Alex Marshall (Cio) $900,000 $0 $0
Leonard A Leo (Trustee And Chairman) $400,000 $0 $0
Jonathan Bunch (Successor Trustee) $0 $0 $0
Tyler Green (Administrative Trustee) $0 $0 $0

Document Links

Fiscal Year Ending April
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,601,822
Expenses
$184,923,907
Net Income
-$158,322,085
Net Assets
$1,226,534,029
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $6,314,108
23.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $20,287,714
76.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,164,744
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $100,000
0.1%
Assets/Debt
Total Assets $1,226,534,029
Total Liabilities $0
Net Assets $1,226,534,029
Compensation
Key Employees and Officers Compensation Related Other
Alex Marshall (Cio) $764,744 $0 $0
Leonard A Leo (Trustee And) $400,000 $0 $0
Jonathan Bunch (Successor Tr) $0 $0 $0
Tyler Green (Administrati) $0 $0 $0

Document Links

Fiscal Year Ending April
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,642,871,821
Expenses
$229,663,690
Net Income
$1,413,208,131
Net Assets
$1,413,208,131
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,603,791,362
97.6%
Program Services $0
Investment Income $40,020,459
2.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$940,000
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $550,000
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $89,302
0.0%
Assets/Debt
Total Assets $1,413,208,131
Total Liabilities $0
Net Assets $1,413,208,131
Compensation
Key Employees and Officers Compensation Related Other
Leonard Leo (Trustee And Chairman) $350,000 $0 $0
Tyler Green (Administrative Trustee) $0 $0 $0
Jonathan Bunch (Successor Trustee) $0 $0 $0

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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