George And Dorothy Mcinnis Family Foundation Tr
George And Dorothy Mcinnis Family Foundation Tr consistently spends more than it earns, drawing down assets.
EIN: 146230226 · Minden, LA · NTEE: T22 · Updated: 2026-03-28
About George And Dorothy Mcinnis Family Foundation Tr
George And Dorothy Mcinnis Family Foundation Tr (EIN: 146230226) is a nonprofit organization based in Minden, LA, classified under NTEE code T22. The organization reported total revenue of $3K and total assets of $56K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of George And Dorothy Mcinnis Family Foundation Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates George And Dorothy Mcinnis Family Foundation Tr 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, George And Dorothy Mcinnis Family Foundation Tr 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.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that no salaries or other compensation are paid to officers, which is positive for a small foundation of this size.
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 George And Dorothy Mcinnis Family Foundation Tr's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) in multiple periods, such as 2023, 2022, 2020, 2015, 2014, and 2012.
- Lack of detailed program spending information in the provided summary, making it difficult to assess impact.
Strengths
The following positive indicators were identified for George And Dorothy Mcinnis Family Foundation Tr:
- Zero officer compensation reported across all filings, indicating efficient use of funds for governance.
- Long-term asset stability despite fluctuating annual revenues and expenses, with assets growing from $55,273 in 2011 to $65,042 in 2023.
Frequently Asked Questions about George And Dorothy Mcinnis Family Foundation Tr
What are the primary programs or grants funded by the foundation?
The provided data does not specify the nature of the programs or grants. Further investigation into the full 990 forms would be needed to understand the foundation's specific charitable activities.
Why do expenses frequently exceed revenue?
The foundation frequently spends more than its annual revenue, as seen in 2023 ($10,368 expenses vs. $4,268 revenue) and 2020 ($16,817 expenses vs. $5,843 revenue). This suggests the foundation is either drawing down its asset base or relying on prior year surpluses to fund its operations and grants.
How does the foundation manage its assets given the spending patterns?
Despite periods of deficit spending, the foundation's assets have generally remained stable or slightly increased over the long term, from $55,273 in 2011 to $65,042 in 2023, though with year-to-year fluctuations. This indicates careful management of its endowment or investment portfolio to sustain its activities.
Filing History
IRS 990 filing history for George And Dorothy Mcinnis Family Foundation Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), George And Dorothy Mcinnis Family Foundation Tr's revenue has declined by 27.5%, moving from $6K to $4K. Total assets increased by 17.7% over the same period, from $55K to $65K. Total functional expenses rose by 180.6%, from $4K to $10K. In its most recent filing year (2023), George And Dorothy Mcinnis Family Foundation Tr reported a deficit of $6K, with expenses exceeding revenue. The organization holds $2K in liabilities against $65K in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $64K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4K | $10K | $65K | $2K | — | — |
| 2022 | $7K | $9K | $70K | $1 | — | View 990 |
| 2021 | $12K | $9K | $71K | $1 | — | — |
| 2020 | $6K | $17K | $68K | $1 | — | View 990 |
| 2019 | $3K | $3K | $79K | $1 | — | — |
| 2015 | $2K | $5K | $43K | $1 | — | View 990 |
| 2014 | $5K | $15K | $46K | $1 | — | View 990 |
| 2013 | $6K | $4K | $56K | $1 | — | View 990 |
| 2012 | $2K | $3K | $54K | $1 | — | View 990 |
| 2011 | $6K | $4K | $55K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4K, expenses of $10K, and assets of $65K (revenue -42.4% year-over-year).
- 2022: Revenue of $7K, expenses of $9K, and assets of $70K (revenue -36.1% year-over-year).
- 2021: Revenue of $12K, expenses of $9K, and assets of $71K (revenue +98.2% year-over-year).
- 2020: Revenue of $6K, expenses of $17K, and assets of $68K (revenue +130.2% year-over-year).
- 2019: Revenue of $3K, expenses of $3K, and assets of $79K (revenue +35.9% year-over-year).
- 2015: Revenue of $2K, expenses of $5K, and assets of $43K (revenue -60.7% year-over-year).
- 2014: Revenue of $5K, expenses of $15K, and assets of $46K (revenue -19.4% year-over-year).
- 2013: Revenue of $6K, expenses of $4K, and assets of $56K (revenue +267.7% year-over-year).
- 2012: Revenue of $2K, expenses of $3K, and assets of $54K (revenue -72.7% year-over-year).
- 2011: Revenue of $6K, expenses of $4K, and assets of $55K.
Data Sources and Methodology
This transparency report for George And Dorothy Mcinnis Family Foundation Tr 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.