D J Mcmanus Foundation Inc
D J Mcmanus Foundation Inc. experiences significant expense overruns in recent years despite substantial asset base.
EIN: 134080144 · Bethesda, MD · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.7M |
| Total Expenses | $1.9M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $22 |
| Net Assets | $22.2M |
| Transparency Score | 70/100 |
Is D J Mcmanus Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
D J Mcmanus Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About D J Mcmanus Foundation Inc
D J Mcmanus Foundation Inc (EIN: 134080144) is a nonprofit organization based in Bethesda, MD, classified under NTEE code T22. The organization reported total revenue of $6.7M and total assets of $23.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of D J Mcmanus Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
D J Mcmanus Foundation Inc is a mid-size nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $224K |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-1,726,056 |
| Total Assets | $22.2M |
| Total Liabilities | $1 |
| Net Assets | $22.2M |
| Operating Margin | -771.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 136.7 months |
Financial Health Grade: B
In 2023, D J Mcmanus Foundation Inc reported a deficit of $1.7M with expenses exceeding revenue, holds 136.7 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), D J Mcmanus Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -83.8% | -22.2% | -7.2% |
| 2022 | -34.5% | +31.9% | -5.0% |
| 2021 | -29.1% | +47.4% | +2.2% |
| 2020 | -62.8% | +6.5% | +6.5% |
| 2019 | +530.3% | +44.7% | +99.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 D J Mcmanus Foundation Inc with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, D J Mcmanus Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which is highly unusual for an organization with over $22 million in assets.
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 D J Mcmanus Foundation Inc's IRS 990 filings:
- Expenses significantly exceeding revenue in recent fiscal periods (e.g., 2023 expenses $1.9M vs. revenue $0.2M).
- Consistent 0% officer compensation for an organization with over $22 million in assets, which can sometimes mask compensation reported in other categories or indicate a lack of professional management.
- Declining revenue trend from a peak of $8.0M in 2019 to $0.2M in 2023.
Strengths
The following positive indicators were identified for D J Mcmanus Foundation Inc:
- Substantial and growing asset base, reaching $23.5 million in latest available data.
- Consistent history of IRS 990 filings, indicating transparency.
- Zero reported officer compensation across all filings, suggesting efficient use of funds at the leadership level.
Frequently Asked Questions about D J Mcmanus Foundation Inc
Is D J Mcmanus Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, D J Mcmanus Foundation Inc (EIN: 134080144) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does D J Mcmanus Foundation Inc spend its money?
D J Mcmanus Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to D J Mcmanus Foundation Inc tax-deductible?
D J Mcmanus Foundation Inc is registered as a tax-exempt nonprofit (EIN: 134080144). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the D J Mcmanus Foundation Inc CEO make?
D J Mcmanus Foundation Inc's highest-compensated officer earns $22 annually. The organization reported $6.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of D J Mcmanus Foundation Inc's spending goes to programs?
D J Mcmanus Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does D J Mcmanus Foundation Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), D J Mcmanus Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is D J Mcmanus Foundation Inc located?
D J Mcmanus Foundation Inc is headquartered in Bethesda, Maryland and files with the IRS under EIN 134080144. It is classified under NTEE code T22.
How many years of IRS 990 filings does D J Mcmanus Foundation Inc have?
D J Mcmanus Foundation Inc 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.
Is D J Mcmanus Foundation Inc. a good charity?
The foundation has a strong asset base and consistently reports 0% officer compensation, suggesting a commitment to directing resources to its mission. However, recent years show expenses significantly exceeding revenue, which could impact long-term sustainability if not addressed.
Why are expenses so much higher than revenue in recent years?
In 2023, expenses were $1,949,753 while revenue was only $223,697. Similarly, in 2022, expenses were $2,504,518 against $1,383,173 in revenue. This indicates the foundation is drawing down on its accumulated assets or prior surpluses to fund its operations, which warrants further investigation into the nature of these expenses and revenue generation strategies.
What is the long-term financial outlook given the recent revenue-expense disparity?
While the foundation has substantial assets ($22.2 million in 2023), a continued trend of expenses significantly exceeding revenue could erode its endowment over time. A strategic shift in fundraising or expense management would be necessary to ensure long-term financial health and sustainability.
Filing History
IRS 990 filing history for D J Mcmanus Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), D J Mcmanus Foundation Inc's revenue has declined by 29%, moving from $315K to $224K. Total assets increased by 137.6% over the same period, from $9.3M to $22.2M. Total functional expenses rose by 276.9%, from $517K to $1.9M. In its most recent filing year (2023), D J Mcmanus Foundation Inc reported a deficit of $1.7M, with expenses exceeding revenue. The organization holds $1 in liabilities against $22.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $22.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $224K | $1.9M | $22.2M | $1 | — | View 990 |
| 2022 | $1.4M | $2.5M | $23.9M | $1 | — | — |
| 2021 | $2.1M | $1.9M | $25.2M | $149K | — | View 990 |
| 2020 | $3.0M | $1.3M | $24.7M | $31K | — | View 990 |
| 2019 | $8.0M | $1.2M | $23.2M | $224K | — | View 990 |
| 2015 | $1.3M | $836K | $11.6M | $11K | — | View 990 |
| 2014 | $1.7M | $616K | $11.2M | $10K | — | View 990 |
| 2013 | $1.6M | $578K | $10.2M | $300 | — | View 990 |
| 2012 | $357K | $528K | $9.1M | $5K | — | View 990 |
| 2011 | $315K | $517K | $9.3M | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $224K, expenses of $1.9M, and assets of $22.2M (revenue -83.8% year-over-year).
- 2022: Revenue of $1.4M, expenses of $2.5M, and assets of $23.9M (revenue -34.5% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.9M, and assets of $25.2M (revenue -29.1% year-over-year).
- 2020: Revenue of $3.0M, expenses of $1.3M, and assets of $24.7M (revenue -62.8% year-over-year).
- 2019: Revenue of $8.0M, expenses of $1.2M, and assets of $23.2M (revenue +530.3% year-over-year).
- 2015: Revenue of $1.3M, expenses of $836K, and assets of $11.6M (revenue -23.2% year-over-year).
- 2014: Revenue of $1.7M, expenses of $616K, and assets of $11.2M (revenue +4.1% year-over-year).
- 2013: Revenue of $1.6M, expenses of $578K, and assets of $10.2M (revenue +344.6% year-over-year).
- 2012: Revenue of $357K, expenses of $528K, and assets of $9.1M (revenue +13.2% year-over-year).
- 2011: Revenue of $315K, expenses of $517K, and assets of $9.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for D J Mcmanus Foundation Inc:
Data Sources and Methodology
This transparency report for D J Mcmanus Foundation Inc 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.