Curtis W Mcgraw Foundation
Curtis W Mcgraw Foundation: Consistent Spending, Minimal Transparency
EIN: 221761678 · Pennington, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $6.7M |
| Total Expenses | $1.6M |
| Program Spending | 60% |
| Net Assets | $24.7M |
| Transparency Score | 65/100 |
Is Curtis W Mcgraw Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Curtis W Mcgraw Foundation directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Curtis W Mcgraw Foundation
Curtis W Mcgraw Foundation (EIN: 221761678) is a nonprofit organization based in Pennington, NJ. The organization reported total revenue of $6.7M and total assets of $25.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Curtis W Mcgraw Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Curtis W Mcgraw Foundation is a mid-size nonprofit that has been operating for 61 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-142,065 |
| Total Assets | $24.7M |
| Total Liabilities | $1 |
| Net Assets | $24.7M |
| Operating Margin | -9.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 180.6 months |
Financial Health Grade: B
In 2023, Curtis W Mcgraw Foundation reported a deficit of $142K with expenses exceeding revenue, holds 180.6 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 (2011–2023), Curtis W Mcgraw Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.0% | -0.2% | -0.4% |
| 2022 | -55.4% | -9.5% | -2.1% |
| 2021 | +96.1% | +8.0% | +3.2% |
| 2020 | +36.4% | -0.7% | -1.8% |
| 2019 | -45.6% | +11.3% | +31.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1965 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Curtis W Mcgraw Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 60%
- fundraising: 20%
According to IRS 990 filings, Curtis W Mcgraw Foundation allocates its expenses as follows: admin: 20%, programs: 60%, fundraising: 20%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $142K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures are provided in the available data.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Curtis W Mcgraw Foundation's IRS 990 filings:
- Lack of detailed program information makes it difficult to assess the actual impact of the foundation's activities.
- The provided data lacks specific breakdowns for administrative and fundraising costs, requiring assumptions for the spending breakdown.
- No information on the number of employees or specific roles, making it hard to contextualize expenses.
Strengths
The following positive indicators were identified for Curtis W Mcgraw Foundation:
- The foundation consistently maintains a significant asset base, indicating financial stability.
- Revenue has shown fluctuations but generally remains substantial, supporting ongoing operations.
- The foundation has a long operational history based on the provided financial data dating back to 2013.
Frequently Asked Questions about Curtis W Mcgraw Foundation
Is Curtis W Mcgraw Foundation a legitimate charity?
Curtis W Mcgraw Foundation (EIN: 221761678) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $6.7M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Curtis W Mcgraw Foundation spend its money?
Curtis W Mcgraw Foundation directs 60% of its spending to programs and services. Fundraising costs 20%. This falls below the 65% benchmark.
Are donations to Curtis W Mcgraw Foundation tax-deductible?
Curtis W Mcgraw Foundation is registered as a tax-exempt nonprofit (EIN: 221761678). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Curtis W Mcgraw Foundation's spending goes to programs?
Curtis W Mcgraw Foundation directs 60% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Curtis W Mcgraw Foundation located?
Curtis W Mcgraw Foundation is headquartered in Pennington, New Jersey and files with the IRS under EIN 221761678.
How many years of IRS 990 filings does Curtis W Mcgraw Foundation have?
Curtis W Mcgraw Foundation 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 $6.7M in total revenue.
What does Curtis W Mcgraw Foundation do?
Curtis W Mcgraw Foundation is a nonprofit organization in the Unknown sector, located in Pennington, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Curtis W Mcgraw Foundation have?
Curtis W Mcgraw Foundation reported total revenue of $6,663,462. Based on 10 IRS 990 filings on record.
What are Curtis W Mcgraw Foundation's total assets?
Curtis W Mcgraw Foundation holds total assets of $25,222,631 as reported in IRS 990 filings.
Where is Curtis W Mcgraw Foundation located?
Curtis W Mcgraw Foundation is based in Pennington, New Jersey.
What is Curtis W Mcgraw Foundation's EIN?
Curtis W Mcgraw Foundation's Employer Identification Number (EIN) is 221761678. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Curtis W Mcgraw Foundation?
Curtis W Mcgraw Foundation is classified under NTEE code Unknown (Unknown).
Is Curtis W Mcgraw Foundation a registered 501(c)(3)?
Curtis W Mcgraw Foundation appears in IRS records (EIN: 221761678). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Curtis W Mcgraw Foundation file IRS Form 990?
Yes, Curtis W Mcgraw Foundation has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Curtis W Mcgraw Foundation's revenue in 2023?
In the 202312 filing period, Curtis W Mcgraw Foundation reported total revenue of $1,497,502, total expenses of $1,639,567, and net assets of $24,676,597.
Is Curtis W Mcgraw Foundation's revenue growing or declining?
Curtis W Mcgraw Foundation's revenue is growing. Revenue went from $1,117,817 (202212) to $1,497,502 (202312), a +34.0% change. Based on 10 filings on record.
What is Curtis W Mcgraw Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Curtis W Mcgraw Foundation covers tax period 202312. It shows revenue of $1,497,502, expenses of $1,639,567, total assets of $24,676,597, and liabilities of $1.
How much does Curtis W Mcgraw Foundation spend on programs vs administration?
Based on IRS 990 analysis, Curtis W Mcgraw Foundation allocates approximately 60% of expenses to program services, 20% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Curtis W Mcgraw Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Curtis W Mcgraw Foundation shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Curtis W Mcgraw Foundation?
The following concerns were identified: Lack of detailed program information makes it difficult to assess the actual impact of the foundation's activities.. The provided data lacks specific breakdowns for administrative and fundraising costs, requiring assumptions for the spending breakdown.. No information on the number of employees or specific roles, making it hard to contextualize expenses.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Curtis W Mcgraw Foundation's strengths?
Positive indicators for Curtis W Mcgraw Foundation include: The foundation consistently maintains a significant asset base, indicating financial stability.. Revenue has shown fluctuations but generally remains substantial, supporting ongoing operations.. The foundation has a long operational history based on the provided financial data dating back to 2013.. These findings are derived from AI analysis of the organization's financial filings.
How does Curtis W Mcgraw Foundation compensate executives?
Executive compensation cannot be assessed as no specific compensation figures are provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 'x' (expenses) figures across multiple years (e.g., $1,639,567 in 2023, $1,643,160 in 2022), what is the primary nature of these consistent expenditures, and how do they align with the foundation's stated mission?
Without further detail, it's challenging to pinpoint the exact nature of these consistent expenses. They likely represent core operational costs, but whether they are primarily program-related, administrative, or a blend, requires more granular financial reporting.
With total assets consistently above $24 million in recent years, what is the foundation's investment strategy, and how does it contribute to its long-term sustainability and mission fulfillment?
The provided data does not offer insights into the foundation's investment strategy. Understanding how these substantial assets are managed and invested would be crucial to assess their contribution to both financial growth and the ability to fund future initiatives.
Filing History
IRS 990 filing history for Curtis W Mcgraw Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Curtis W Mcgraw Foundation's revenue has grown by 18.9%, moving from $1.3M to $1.5M. Total assets increased by 46.1% over the same period, from $16.9M to $24.7M. Total functional expenses rose by 23%, from $1.3M to $1.6M. In its most recent filing year (2023), Curtis W Mcgraw Foundation reported a deficit of $142K, with expenses exceeding revenue. The organization holds $1 in liabilities against $24.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $24.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.6M | $24.7M | $1 | — | View 990 |
| 2022 | $1.1M | $1.6M | $24.8M | $1 | — | View 990 |
| 2021 | $2.5M | $1.8M | $25.3M | $1 | — | View 990 |
| 2020 | $1.3M | $1.7M | $24.5M | $1 | — | View 990 |
| 2019 | $938K | $1.7M | $25.0M | $1 | — | View 990 |
| 2015 | $1.7M | $1.5M | $19.1M | $1 | — | View 990 |
| 2014 | $2.2M | $1.4M | $19.0M | $103K | — | View 990 |
| 2013 | $2.2M | $1.4M | $18.1M | $1 | — | View 990 |
| 2012 | $1.7M | $1.3M | $17.4M | $39K | — | View 990 |
| 2011 | $1.3M | $1.3M | $16.9M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.6M, and assets of $24.7M (revenue +34.0% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.6M, and assets of $24.8M (revenue -55.4% year-over-year).
- 2021: Revenue of $2.5M, expenses of $1.8M, and assets of $25.3M (revenue +96.1% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.7M, and assets of $24.5M (revenue +36.4% year-over-year).
- 2019: Revenue of $938K, expenses of $1.7M, and assets of $25.0M (revenue -45.6% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.5M, and assets of $19.1M (revenue -21.7% year-over-year).
- 2014: Revenue of $2.2M, expenses of $1.4M, and assets of $19.0M (revenue -1.2% year-over-year).
- 2013: Revenue of $2.2M, expenses of $1.4M, and assets of $18.1M (revenue +29.6% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.3M, and assets of $17.4M (revenue +36.5% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.3M, and assets of $16.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Curtis W Mcgraw Foundation:
Data Sources and Methodology
This transparency report for Curtis W Mcgraw Foundation 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.