Addison E & Johanna C Mcmechan Scholarship Fund
EIN: 436399464 · Milwaukee, WI
| Metric | Value |
|---|---|
| Total Revenue | $737K |
| Total Expenses | $188K |
| Net Assets | $2.7M |
Is Addison E & Johanna C Mcmechan Scholarship Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Addison E & Johanna C Mcmechan Scholarship Fund
Addison E & Johanna C Mcmechan Scholarship Fund (EIN: 436399464) is a nonprofit organization based in Milwaukee, WI. The organization reported total revenue of $737K and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Addison E & Johanna C Mcmechan Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Addison E & Johanna C Mcmechan Scholarship Fund is a small nonprofit, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 10.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $157K |
| Total Expenses | $188K |
| Surplus / Deficit | $-31,005 |
| Total Assets | $2.7M |
| Total Liabilities | $1 |
| Net Assets | $2.7M |
| Operating Margin | -19.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 171.0 months |
Financial Health Grade: B
In 2024, Addison E & Johanna C Mcmechan Scholarship Fund reported a deficit of $31K with expenses exceeding revenue, holds 171.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2024), Addison E & Johanna C Mcmechan Scholarship Fund's revenue has grown at a compound annual growth rate (CAGR) of 10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +43.7% | -14.9% | -1.3% |
| 2023 | -57.9% | -5.9% | -3.6% |
| 2022 | +93.8% | +23.1% | +0.9% |
| 2021 | +23.0% | +1.3% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Addison E & Johanna C Mcmechan Scholarship Fund has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Addison E & Johanna C Mcmechan Scholarship Fund with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $31K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Addison E & Johanna C Mcmechan Scholarship Fund
Is Addison E & Johanna C Mcmechan Scholarship Fund a legitimate charity?
Addison E & Johanna C Mcmechan Scholarship Fund (EIN: 436399464) is a registered tax-exempt nonprofit based in Wisconsin. It has 10 years of IRS 990 filings on record. Total revenue: $737K. No red flags identified. Financial health grade: B.
How does Addison E & Johanna C Mcmechan Scholarship Fund spend its money?
Addison E & Johanna C Mcmechan Scholarship Fund reported $737K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Addison E & Johanna C Mcmechan Scholarship Fund tax-deductible?
Addison E & Johanna C Mcmechan Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 436399464). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Addison E & Johanna C Mcmechan Scholarship Fund located?
Addison E & Johanna C Mcmechan Scholarship Fund is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 436399464.
How many years of IRS 990 filings does Addison E & Johanna C Mcmechan Scholarship Fund have?
Addison E & Johanna C Mcmechan Scholarship Fund has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $737K in total revenue.
Filing History
IRS 990 filing history for Addison E & Johanna C Mcmechan Scholarship Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Addison E & Johanna C Mcmechan Scholarship Fund's revenue has grown by 237.5%, moving from $47K to $157K. Total assets decreased by 3.6% over the same period, from $2.8M to $2.7M. Total functional expenses fell by 2%, from $192K to $188K. In its most recent filing year (2024), Addison E & Johanna C Mcmechan Scholarship Fund reported a deficit of $31K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $157K | $188K | $2.7M | $1 | — | View 990 |
| 2023 | $109K | $221K | $2.7M | $1 | — | View 990 |
| 2022 | $260K | $235K | $2.8M | $1 | — | View 990 |
| 2021 | $134K | $191K | $2.8M | $1 | — | — |
| 2020 | $109K | $188K | $2.9M | $1 | — | — |
| 2016 | $-11,624 | $185K | $2.8M | $1 | — | View 990 |
| 2015 | $178K | $208K | $3.0M | $0 | — | View 990 |
| 2014 | $342K | $202K | $3.0M | $0 | — | View 990 |
| 2013 | $232K | $185K | $2.9M | $0 | — | View 990 |
| 2012 | $47K | $192K | $2.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $157K, expenses of $188K, and assets of $2.7M (revenue +43.7% year-over-year).
- 2023: Revenue of $109K, expenses of $221K, and assets of $2.7M (revenue -57.9% year-over-year).
- 2022: Revenue of $260K, expenses of $235K, and assets of $2.8M (revenue +93.8% year-over-year).
- 2021: Revenue of $134K, expenses of $191K, and assets of $2.8M (revenue +23.0% year-over-year).
- 2020: Revenue of $109K, expenses of $188K, and assets of $2.9M.
- 2016: Revenue of $-11,624, expenses of $185K, and assets of $2.8M (revenue -106.5% year-over-year).
- 2015: Revenue of $178K, expenses of $208K, and assets of $3.0M (revenue -48.0% year-over-year).
- 2014: Revenue of $342K, expenses of $202K, and assets of $3.0M (revenue +47.6% year-over-year).
- 2013: Revenue of $232K, expenses of $185K, and assets of $2.9M (revenue +398.5% year-over-year).
- 2012: Revenue of $47K, expenses of $192K, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Addison E & Johanna C Mcmechan Scholarship Fund:
Data Sources and Methodology
This transparency report for Addison E & Johanna C Mcmechan Scholarship Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.