Is Macdonald Family Foundation Inc Legit?

Quick charity verification for Macdonald Family Foundation Inc (EIN: 200767790)

Verdict: Macdonald Family Foundation Inc appears trustworthy

85/100Mission Score

$2.6MRevenue

$3.5MAssets

2Red Flags

4Strengths

Red Flags

Significant revenue volatility, with 2023 revenue of $59,935 being substantially lower than expenses of $325,771, indicating reliance on asset draw.
Lack of detailed expense breakdown beyond total expenses in the provided summary data, making it difficult to precisely analyze program efficiency.

Strengths

Consistent multi-million dollar asset base, demonstrating strong financial reserves ($3,459,882 in latest filing).
Zero reported officer compensation across all filings, indicating a highly efficient and volunteer-driven or externally funded leadership structure.
Minimal liabilities ($1 in recent years), reflecting excellent financial solvency and low debt burden.
Long filing history (10 filings), suggesting consistent compliance and operational longevity.

Spending Breakdown

How Macdonald Family Foundation Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Macdonald Family Foundation Inc

Is Macdonald Family Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Macdonald Family Foundation Inc (EIN: 200767790) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Macdonald Family Foundation Inc a good charity to donate to?

Macdonald Family Foundation Inc has a Mission Score of 85/100. Revenue: $2.6M. Assets: $3.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Macdonald Family Foundation Inc?

The Employer Identification Number (EIN) for Macdonald Family Foundation Inc is 200767790. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Macdonald Family Foundation Inc spend its money?

Macdonald Family Foundation Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Macdonald Family Foundation Inc's tax-exempt status?

You can verify Macdonald Family Foundation Inc's tax-exempt status using EIN 200767790 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Macdonald Family Foundation Inc. demonstrates a consistent operational pattern as a grant-making organization, evidenced by its NTEE code T22 (Private Grantmaking Foundations). Its financial health appears stable, with assets consistently in the multi-million dollar range, peaking at $3,888,382 in 2021 and currently standing at $3,459,882. The foundation's revenue has fluctuated significantly over the years, with a notable high of $2,509,609 in 2015, but more recently showing lower figures like $59,935 in 2023. Expenses have generally been well-managed, typically in the range of $200,000-$300,000 annually, though 2023 saw expenses of $325,771 against much lower revenue, indicating a draw from assets or prior year surpluses.

Spending efficiency is difficult to fully assess without a detailed breakdown of program service expenses versus administrative and fundraising costs, which are not provided in the summary data. However, as a private foundation, a significant portion of its expenses would typically be grants paid out, which are considered program services. The consistent reporting of $0 officer compensation across all available filings suggests a lean operational structure regarding executive pay, contributing positively to efficiency. The foundation consistently reports minimal liabilities ($1 in recent years, $0 previously), indicating strong financial solvency.

Transparency, based on the provided data, is good in terms of public filing availability and consistent reporting of key financial metrics. The absence of officer compensation is a clear and transparent statement regarding executive pay. To further enhance transparency, a more detailed breakdown of expenses beyond total expenses would be beneficial for external analysis, though this is common for private foundations whose primary 'program' is grantmaking.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.