Jack R Macdonald Charitable Trust
EIN: 306410216 · Dallas, TX · NTEE: T19
| Metric | Value |
|---|---|
| Total Revenue | $93.2M |
| Total Expenses | $11.4M |
| Net Assets | $186.2M |
Is Jack R Macdonald Charitable Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jack R Macdonald Charitable Trust
Jack R Macdonald Charitable Trust (EIN: 306410216) is a nonprofit organization based in Dallas, TX, classified under NTEE code T19. The organization reported total revenue of $93.2M and total assets of $191.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jack R Macdonald Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jack R Macdonald Charitable Trust is a major nonprofit that has been operating for 10 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -44.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $882K |
| Total Expenses | $11.4M |
| Surplus / Deficit | $-10,560,027 |
| Total Assets | $186.2M |
| Net Assets | $186.2M |
| Operating Margin | -1197.0% |
| Months of Reserves | 195.2 months |
Financial Health Grade: B
In 2023, Jack R Macdonald Charitable Trust reported a deficit of $10.6M with expenses exceeding revenue, holds 195.2 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Jack R Macdonald Charitable Trust's revenue has declined at a compound annual growth rate (CAGR) of -44.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +536.2% | -7.5% | -5.6% |
| 2022 | -99.6% | +16.0% | -6.5% |
| 2021 | +148.9% | +16.3% | +13.5% |
| 2020 | +32.2% | +10.5% | +3.8% |
| 2019 | +34.3% | +1.5% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jack R Macdonald Charitable Trust 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 Jack R Macdonald Charitable Trust 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10.6M, with expenses exceeding revenue.
Frequently Asked Questions about Jack R Macdonald Charitable Trust
Is Jack R Macdonald Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Jack R Macdonald Charitable Trust (EIN: 306410216) insufficient data. 0 red flags identified, 0 strengths noted.
How does Jack R Macdonald Charitable Trust spend its money?
Detailed spending breakdown data is not yet available for Jack R Macdonald Charitable Trust. Check back for updated IRS 990 analysis.
Are donations to Jack R Macdonald Charitable Trust tax-deductible?
Jack R Macdonald Charitable Trust is registered as a tax-exempt nonprofit (EIN: 306410216). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jack R Macdonald Charitable Trust located?
Jack R Macdonald Charitable Trust is headquartered in Dallas, Texas and files with the IRS under EIN 306410216. It is classified under NTEE code T19.
How many years of IRS 990 filings does Jack R Macdonald Charitable Trust have?
Jack R Macdonald Charitable Trust 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 $93.2M in total revenue.
Filing History
IRS 990 filing history for Jack R Macdonald Charitable Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Jack R Macdonald Charitable Trust's revenue has declined by 99.5%, moving from $185.1M to $882K. Total assets increased by 4.4% over the same period, from $178.3M to $186.2M. Total functional expenses rose by 13.2%, from $10.1M to $11.4M. In its most recent filing year (2023), Jack R Macdonald Charitable Trust reported a deficit of $10.6M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $882K | $11.4M | $186.2M | $0 | — | — |
| 2022 | $139K | $12.4M | $197.1M | $0 | — | — |
| 2021 | $37.7M | $10.7M | $210.8M | $0 | — | View 990 |
| 2020 | $15.1M | $9.2M | $185.8M | $0 | — | — |
| 2019 | $11.5M | $8.3M | $179.0M | $0 | — | View 990 |
| 2018 | $8.5M | $8.2M | $176.2M | $0 | — | View 990 |
| 2017 | $8.3M | $8.2M | $174.9M | $0 | — | — |
| 2016 | $5.3M | $13.5M | $171.3M | $0 | — | View 990 |
| 2015 | $8.2M | $8.4M | $179.6M | $0 | — | View 990 |
| 2014 | $185.1M | $10.1M | $178.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $882K, expenses of $11.4M, and assets of $186.2M (revenue +536.2% year-over-year).
- 2022: Revenue of $139K, expenses of $12.4M, and assets of $197.1M (revenue -99.6% year-over-year).
- 2021: Revenue of $37.7M, expenses of $10.7M, and assets of $210.8M (revenue +148.9% year-over-year).
- 2020: Revenue of $15.1M, expenses of $9.2M, and assets of $185.8M (revenue +32.2% year-over-year).
- 2019: Revenue of $11.5M, expenses of $8.3M, and assets of $179.0M (revenue +34.3% year-over-year).
- 2018: Revenue of $8.5M, expenses of $8.2M, and assets of $176.2M (revenue +2.3% year-over-year).
- 2017: Revenue of $8.3M, expenses of $8.2M, and assets of $174.9M (revenue +58.2% year-over-year).
- 2016: Revenue of $5.3M, expenses of $13.5M, and assets of $171.3M (revenue -35.6% year-over-year).
- 2015: Revenue of $8.2M, expenses of $8.4M, and assets of $179.6M (revenue -95.6% year-over-year).
- 2014: Revenue of $185.1M, expenses of $10.1M, and assets of $178.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jack R Macdonald Charitable Trust:
Data Sources and Methodology
This transparency report for Jack R Macdonald Charitable Trust 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.