Elizabeth B Mcgraw Foundation Inc
Elizabeth B Mcgraw Foundation maintains strong asset growth and zero reported officer compensation over a decade.
EIN: 133591829 · East Falmouth, MA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.4M |
| Total Expenses | $3.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $24 |
| Net Assets | $24.9M |
| Transparency Score | 90/100 |
Is Elizabeth B Mcgraw Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Elizabeth B Mcgraw Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Elizabeth B Mcgraw Foundation Inc
Elizabeth B Mcgraw Foundation Inc (EIN: 133591829) is a nonprofit organization based in East Falmouth, MA. The organization reported total revenue of $7.4M and total assets of $24.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elizabeth B Mcgraw Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elizabeth B Mcgraw Foundation Inc is a mid-size nonprofit that has been operating for 35 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.0M |
| Total Expenses | $3.0M |
| Surplus / Deficit | +$1.0M |
| Total Assets | $24.9M |
| Total Liabilities | $1 |
| Net Assets | $24.9M |
| Operating Margin | 25.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 98.5 months |
Financial Health Grade: A
In 2023, Elizabeth B Mcgraw Foundation Inc reported a surplus of $1.0M with revenue exceeding expenses, holds 98.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Elizabeth B Mcgraw Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +574.8% | +5260.4% | +8.8% |
| 2022 | -78.2% | -98.4% | +1.5% |
| 2022 | -42.7% | +39.4% | -5.0% |
| 2021 | +590.0% | +2.9% | +31.5% |
| 2020 | -93.2% | +12.2% | -19.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Elizabeth B Mcgraw Foundation Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Elizabeth B Mcgraw Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $1.0M, with revenue exceeding expenses.
- 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 either serves on a volunteer basis or is compensated through means not categorized as officer compensation on the 990, which is highly unusual for an organization with assets exceeding $24 million.
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 Elizabeth B Mcgraw Foundation Inc's IRS 990 filings:
- Consistent 0% officer compensation for an organization with over $24M in assets may warrant further investigation into how leadership is supported or if compensation is reported differently.
Strengths
The following positive indicators were identified for Elizabeth B Mcgraw Foundation Inc:
- Strong asset growth, increasing from $14.1M in 2012 to $24.8M in 2023.
- Consistent reporting of 0% officer compensation, suggesting high program efficiency.
- Minimal liabilities across all filings, indicating strong financial stability.
- Consistent filing of IRS Form 990s over more than a decade, demonstrating transparency.
Frequently Asked Questions about Elizabeth B Mcgraw Foundation Inc
Is Elizabeth B Mcgraw Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Elizabeth B Mcgraw Foundation Inc (EIN: 133591829) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Elizabeth B Mcgraw Foundation Inc spend its money?
Elizabeth B Mcgraw Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Elizabeth B Mcgraw Foundation Inc tax-deductible?
Elizabeth B Mcgraw Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133591829). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Elizabeth B Mcgraw Foundation Inc CEO make?
Elizabeth B Mcgraw Foundation Inc's highest-compensated officer earns $24 annually. The organization reported $7.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Elizabeth B Mcgraw Foundation Inc located?
Elizabeth B Mcgraw Foundation Inc is headquartered in East Falmouth, Massachusetts and files with the IRS under EIN 133591829.
How many years of IRS 990 filings does Elizabeth B Mcgraw Foundation Inc have?
Elizabeth B Mcgraw Foundation Inc has 11 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 $7.4M in total revenue.
Is Elizabeth B Mcgraw Foundation Inc a good charity?
Based on the available data, the foundation exhibits strong financial health, significant asset growth, and a remarkable commitment to directing funds towards its mission, as indicated by 0% reported officer compensation. This suggests a highly efficient and program-focused operation.
How has the foundation's asset base changed over time?
The foundation's assets have grown substantially, from $14,165,140 in 2012 to $24,851,553 in 2023, demonstrating robust financial management and growth.
What is the trend in revenue and expenses?
Revenue and expenses fluctuate year-to-year, but the foundation generally maintains a healthy surplus, such as $4,045,794 in revenue against $3,026,572 in expenses in 2023, indicating sustainable operations.
Filing History
IRS 990 filing history for Elizabeth B Mcgraw Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Elizabeth B Mcgraw Foundation Inc's revenue has grown by 330%, moving from $941K to $4.0M. Total assets increased by 73.3% over the same period, from $14.3M to $24.9M. Total functional expenses rose by 208.7%, from $980K to $3.0M. In its most recent filing year (2023), Elizabeth B Mcgraw Foundation Inc reported a surplus of $1.0M, with revenue exceeding expenses. The organization holds $1 in liabilities against $24.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $24.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.0M | $3.0M | $24.9M | $1 | — | — |
| 2022 | $600K | $56K | $22.8M | $1 | — | View 990 |
| 2022 | $2.7M | $3.6M | $22.5M | $1 | — | View 990 |
| 2021 | $4.8M | $2.6M | $23.7M | $1 | — | View 990 |
| 2020 | $695K | $2.5M | $18.0M | $1 | — | — |
| 2019 | $10.2M | $2.2M | $22.4M | $1 | — | View 990 |
| 2015 | $2.7M | $1.7M | $16.4M | $0 | — | View 990 |
| 2014 | $2.1M | $1.4M | $15.4M | $0 | — | View 990 |
| 2013 | $2.2M | $1.6M | $14.7M | $0 | — | View 990 |
| 2012 | $859K | $1.1M | $14.2M | $0 | — | View 990 |
| 2011 | $941K | $980K | $14.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.0M, expenses of $3.0M, and assets of $24.9M (revenue +574.8% year-over-year).
- 2022: Revenue of $600K, expenses of $56K, and assets of $22.8M (revenue -78.2% year-over-year).
- 2022: Revenue of $2.7M, expenses of $3.6M, and assets of $22.5M (revenue -42.7% year-over-year).
- 2021: Revenue of $4.8M, expenses of $2.6M, and assets of $23.7M (revenue +590.0% year-over-year).
- 2020: Revenue of $695K, expenses of $2.5M, and assets of $18.0M (revenue -93.2% year-over-year).
- 2019: Revenue of $10.2M, expenses of $2.2M, and assets of $22.4M (revenue +271.2% year-over-year).
- 2015: Revenue of $2.7M, expenses of $1.7M, and assets of $16.4M (revenue +32.9% year-over-year).
- 2014: Revenue of $2.1M, expenses of $1.4M, and assets of $15.4M (revenue -5.2% year-over-year).
- 2013: Revenue of $2.2M, expenses of $1.6M, and assets of $14.7M (revenue +153.6% year-over-year).
- 2012: Revenue of $859K, expenses of $1.1M, and assets of $14.2M (revenue -8.7% year-over-year).
- 2011: Revenue of $941K, expenses of $980K, and assets of $14.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elizabeth B Mcgraw Foundation Inc:
Data Sources and Methodology
This transparency report for Elizabeth B Mcgraw 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.