June And Cecil Mcdole Charitablefund

June And Cecil Mcdole Charitablefund consistently operates with expenses exceeding revenue, drawing on substantial assets.

EIN: 203619178 · Bloomfld Hls, MI · NTEE: T22 · Updated: 2026-03-28

$2.9MRevenue
$9.4MAssets
85/100Mission Score (Excellent)
T22
June And Cecil Mcdole Charitablefund Financial Summary
MetricValue
Total Revenue$2.9M
Total Expenses$535K
Program Spending90%
CEO/Top Officer Pay$9.35
Net Assets$8.9M
Transparency Score85/100

Is June And Cecil Mcdole Charitablefund Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

June And Cecil Mcdole Charitablefund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About June And Cecil Mcdole Charitablefund

June And Cecil Mcdole Charitablefund (EIN: 203619178) is a nonprofit organization based in Bloomfld Hls, MI, classified under NTEE code T22. The organization reported total revenue of $2.9M and total assets of $9.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of June And Cecil Mcdole Charitablefund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

18Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

June And Cecil Mcdole Charitablefund is a mid-size nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.7%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$316K
Total Expenses$535K
Surplus / Deficit$-218,822
Total Assets$8.9M
Total Liabilities$1
Net Assets$8.9M
Operating Margin-69.1%
Debt-to-Asset Ratio0.0%
Months of Reserves199.0 months

Financial Health Grade: B

In 2024, June And Cecil Mcdole Charitablefund reported a deficit of $219K with expenses exceeding revenue, holds 199.0 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 (2012–2024), June And Cecil Mcdole Charitablefund's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.

YearRevenue ChangeExpense ChangeAsset Change
2024+38.2%-9.4%+11.9%
2023-59.5%+7.7%+5.1%
2022-34.1%+1.0%-21.5%
2020-160.1%+1.4%+3.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2008

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The June And Cecil Mcdole Charitablefund appears to be a private foundation, as indicated by its NTEE code T22 (Private Grantmaking Foundations) and consistent grantmaking activities. Its financial health shows significant assets, currently at $9,353,238, which have fluctuated over the years but remain substantial. The organization consistently reports zero officer compensation, which is a positive indicator of efficient use of funds for its charitable purpose rather than administrative overhead related to executive salaries. However, the organization has frequently reported expenses exceeding revenue in recent years, such as in 202406 where expenses were $535,312 against revenue of $316,490, and in 202306 with expenses of $590,708 against revenue of $229,037. This trend suggests it is drawing down on its endowment or prior year surpluses to fund its operations and grants. Spending efficiency is difficult to fully assess without a detailed breakdown of program service expenses versus administrative and fundraising costs, which are not explicitly provided in the summary data. Given its nature as a private foundation, its primary 'program' activity would be grantmaking. The consistent reporting of zero officer compensation suggests a lean operational structure. Transparency is generally good through its consistent IRS 990 filings over a decade, providing a clear financial history. The lack of liabilities in recent years (e.g., $1 in 202406 and 202306) also points to a healthy balance sheet.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates June And Cecil Mcdole Charitablefund with a Mission Score of 85 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, June And Cecil Mcdole Charitablefund 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 (2024)

From the most recent IRS 990 filing on record:

$316KTotal Revenue
$535KTotal Expenses
$8.9MTotal Assets
$1Total Liabilities
$8.9MNet Assets
  • The organization reported a deficit of $219K, 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 no salaries are paid to officers, which is highly efficient for an organization of its asset size ($9.35 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 June And Cecil Mcdole Charitablefund's IRS 990 filings:

  • Consistent expenses exceeding revenue, potentially indicating reliance on asset drawdowns rather than sustainable operational income.
  • Negative revenue reported in 202006 ($-111,348), which could signify significant investment losses.

Strengths

The following positive indicators were identified for June And Cecil Mcdole Charitablefund:

  • Consistently reports 0% officer compensation, indicating highly efficient use of funds for its charitable purpose.
  • Maintains a substantial asset base of over $9 million, providing long-term financial stability.
  • Consistent IRS 990 filing history over a decade, demonstrating transparency.
  • Very low liabilities in recent years, indicating a healthy balance sheet.

Frequently Asked Questions about June And Cecil Mcdole Charitablefund

Is June And Cecil Mcdole Charitablefund a legitimate charity?

June And Cecil Mcdole Charitablefund (EIN: 203619178) is a registered tax-exempt nonprofit based in Michigan. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.9M. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does June And Cecil Mcdole Charitablefund spend its money?

June And Cecil Mcdole Charitablefund directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to June And Cecil Mcdole Charitablefund tax-deductible?

June And Cecil Mcdole Charitablefund is registered as a tax-exempt nonprofit (EIN: 203619178). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the June And Cecil Mcdole Charitablefund CEO make?

June And Cecil Mcdole Charitablefund's highest-compensated officer earns $9.35 annually. The organization reported $2.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does June And Cecil Mcdole Charitablefund compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), June And Cecil Mcdole Charitablefund 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 June And Cecil Mcdole Charitablefund located?

June And Cecil Mcdole Charitablefund is headquartered in Bloomfld Hls, Michigan and files with the IRS under EIN 203619178. It is classified under NTEE code T22.

How many years of IRS 990 filings does June And Cecil Mcdole Charitablefund have?

June And Cecil Mcdole Charitablefund 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 $2.9M in total revenue.

Is June And Cecil Mcdole Charitablefund a good charity?

As a private grantmaking foundation, it appears to be effectively fulfilling its mission by distributing funds, as evidenced by consistent expenses (likely grants) even when revenue fluctuates. The zero officer compensation is a strong positive indicator of efficiency.

How does the organization sustain itself with expenses often exceeding revenue?

The organization sustains itself by drawing from its significant asset base, which currently stands at $9,353,238. This is common for endowed private foundations that distribute grants from their principal or investment returns.

What is the primary activity of this organization?

Based on its NTEE code T22 (Private Grantmaking Foundations) and financial patterns, its primary activity is grantmaking to other charitable organizations or individuals, rather than direct program services.

Are there any concerns about its financial stability?

While expenses frequently exceed revenue, the organization maintains a substantial asset base of over $9 million, suggesting long-term financial stability as an endowed foundation. The negative revenue in 202006 ($-111,348) could indicate investment losses rather than operational issues.

Filing History

IRS 990 filing history for June And Cecil Mcdole Charitablefund showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2012–2024), June And Cecil Mcdole Charitablefund's revenue has grown by 54.6%, moving from $205K to $316K. Total assets increased by 18.6% over the same period, from $7.5M to $8.9M. Total functional expenses rose by 7.3%, from $499K to $535K. In its most recent filing year (2024), June And Cecil Mcdole Charitablefund reported a deficit of $219K, with expenses exceeding revenue. The organization holds $1 in liabilities against $8.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.9M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $316K $535K $8.9M $1
2023 $229K $591K $7.9M $1 View 990
2022 $565K $548K $7.5M $-4,040 View 990
2021 $858K $543K $9.6M $6K
2020 $-111,348 $525K $7.7M $-4,261
2016 $185K $518K $7.5M $317K View 990
2015 $257K $523K $8.3M $316K View 990
2014 $535K $500K $8.6M $328K View 990
2013 $428K $460K $7.9M $324K View 990
2012 $205K $499K $7.5M $325K View 990

Year-by-Year Financial Summary

  • 2024: Revenue of $316K, expenses of $535K, and assets of $8.9M (revenue +38.2% year-over-year).
  • 2023: Revenue of $229K, expenses of $591K, and assets of $7.9M (revenue -59.5% year-over-year).
  • 2022: Revenue of $565K, expenses of $548K, and assets of $7.5M (revenue -34.1% year-over-year).
  • 2021: Revenue of $858K, expenses of $543K, and assets of $9.6M.
  • 2020: Revenue of $-111,348, expenses of $525K, and assets of $7.7M (revenue -160.1% year-over-year).
  • 2016: Revenue of $185K, expenses of $518K, and assets of $7.5M (revenue -27.9% year-over-year).
  • 2015: Revenue of $257K, expenses of $523K, and assets of $8.3M (revenue -51.9% year-over-year).
  • 2014: Revenue of $535K, expenses of $500K, and assets of $8.6M (revenue +24.9% year-over-year).
  • 2013: Revenue of $428K, expenses of $460K, and assets of $7.9M (revenue +109.3% year-over-year).
  • 2012: Revenue of $205K, expenses of $499K, and assets of $7.5M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for June And Cecil Mcdole Charitablefund:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for June And Cecil Mcdole Charitablefund 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.

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