M G Mccurdy Trust Uw Fbo
M G Mccurdy Trust Uw Fbo maintains substantial assets despite volatile revenue and consistent expense outlays.
EIN: 136216017 · Dallas, TX · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.6M |
| Total Expenses | $1.3M |
| Program Spending | 85% |
| Net Assets | $22.5M |
| Transparency Score | 75/100 |
Is M G Mccurdy Trust Uw Fbo Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
M G Mccurdy Trust Uw Fbo directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About M G Mccurdy Trust Uw Fbo
M G Mccurdy Trust Uw Fbo (EIN: 136216017) is a nonprofit organization based in Dallas, TX. The organization reported total revenue of $4.6M and total assets of $23.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of M G Mccurdy Trust Uw Fbo's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
M G Mccurdy Trust Uw Fbo is a mid-size nonprofit that has been operating for 44 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $510K |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-804,806 |
| Total Assets | $22.5M |
| Total Liabilities | $1 |
| Net Assets | $22.5M |
| Operating Margin | -157.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 205.2 months |
Financial Health Grade: B
In 2023, M G Mccurdy Trust Uw Fbo reported a deficit of $805K with expenses exceeding revenue, holds 205.2 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), M G Mccurdy Trust Uw Fbo's revenue has declined at a compound annual growth rate (CAGR) of -6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -113.8% | +10.0% | -6.4% |
| 2021 | +206.4% | +5.9% | +15.2% |
| 2020 | +45.1% | +20.8% | +1.1% |
| 2019 | +36.3% | -12.7% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
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 M G Mccurdy Trust Uw Fbo with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, M G Mccurdy Trust Uw Fbo allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $805K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers receive compensation from the trust, which is highly efficient for an organization of its asset 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 M G Mccurdy Trust Uw Fbo's IRS 990 filings:
- Consistent expenses exceeding revenue in recent years (e.g., 2023 expenses of $1,314,458 vs. revenue of $509,652), indicating reliance on asset drawdowns or prior year gains.
- Negative revenue reported in 2022 ($-626,529), which could signify significant investment losses or adjustments.
Strengths
The following positive indicators were identified for M G Mccurdy Trust Uw Fbo:
- Substantial and stable asset base, currently $23,396,480, providing long-term financial security.
- Zero officer compensation reported across all filings, indicating high efficiency in executive pay.
- Minimal liabilities, consistently $0 or $1, reflecting a very low debt burden and strong financial health.
- Long filing history (10 filings) demonstrates consistent compliance and operational longevity.
Frequently Asked Questions about M G Mccurdy Trust Uw Fbo
Is M G Mccurdy Trust Uw Fbo a legitimate charity?
M G Mccurdy Trust Uw Fbo (EIN: 136216017) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.6M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does M G Mccurdy Trust Uw Fbo spend its money?
M G Mccurdy Trust Uw Fbo directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to M G Mccurdy Trust Uw Fbo tax-deductible?
M G Mccurdy Trust Uw Fbo is registered as a tax-exempt nonprofit (EIN: 136216017). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of M G Mccurdy Trust Uw Fbo's spending goes to programs?
M G Mccurdy Trust Uw Fbo directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is M G Mccurdy Trust Uw Fbo located?
M G Mccurdy Trust Uw Fbo is headquartered in Dallas, Texas and files with the IRS under EIN 136216017.
How many years of IRS 990 filings does M G Mccurdy Trust Uw Fbo have?
M G Mccurdy Trust Uw Fbo 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 $4.6M in total revenue.
Is M G Mccurdy Trust Uw Fbo a good charity?
As a trust, its 'goodness' is measured by its stewardship of assets and effective grant-making. Its strong asset base and zero officer compensation are positive indicators of financial management, but without details on its grant recipients or program impact, a full assessment of its charitable effectiveness is limited.
Why is the revenue so volatile?
The significant fluctuations in revenue, including negative revenue in 2022, are typical for trusts whose income is largely derived from investment returns, which can vary greatly year-to-year based on market performance.
What are the primary expenses of the trust?
While specific program vs. administrative expenses are not detailed in the provided summary, given its nature as a trust, primary expenses would likely include investment management fees, legal and accounting costs, and the grants or distributions made to beneficiaries.
Filing History
IRS 990 filing history for M G Mccurdy Trust Uw Fbo showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), M G Mccurdy Trust Uw Fbo's revenue has declined by 53.1%, moving from $1.1M to $510K. Total assets increased by 37% over the same period, from $16.4M to $22.5M. Total functional expenses rose by 23.1%, from $1.1M to $1.3M. In its most recent filing year (2023), M G Mccurdy Trust Uw Fbo reported a deficit of $805K, with expenses exceeding revenue. The organization holds $1 in liabilities against $22.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $22.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $510K | $1.3M | $22.5M | $1 | — | — |
| 2022 | $-626,529 | $1.6M | $23.2M | $1 | — | View 990 |
| 2021 | $4.6M | $1.5M | $24.8M | $1 | — | View 990 |
| 2020 | $1.5M | $1.4M | $21.5M | $1 | — | — |
| 2019 | $1.0M | $1.2M | $21.3M | $1 | — | — |
| 2015 | $751K | $1.3M | $21.0M | $0 | — | View 990 |
| 2014 | $2.2M | $1.2M | $21.5M | $0 | — | View 990 |
| 2013 | $1.7M | $1.2M | $20.4M | $0 | — | View 990 |
| 2012 | $5.0M | $1.2M | $20.1M | $0 | — | View 990 |
| 2011 | $1.1M | $1.1M | $16.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $510K, expenses of $1.3M, and assets of $22.5M.
- 2022: Revenue of $-626,529, expenses of $1.6M, and assets of $23.2M (revenue -113.8% year-over-year).
- 2021: Revenue of $4.6M, expenses of $1.5M, and assets of $24.8M (revenue +206.4% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.4M, and assets of $21.5M (revenue +45.1% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.2M, and assets of $21.3M (revenue +36.3% year-over-year).
- 2015: Revenue of $751K, expenses of $1.3M, and assets of $21.0M (revenue -65.5% year-over-year).
- 2014: Revenue of $2.2M, expenses of $1.2M, and assets of $21.5M (revenue +31.4% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.2M, and assets of $20.4M (revenue -66.6% year-over-year).
- 2012: Revenue of $5.0M, expenses of $1.2M, and assets of $20.1M (revenue +357.0% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.1M, and assets of $16.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for M G Mccurdy Trust Uw Fbo:
Data Sources and Methodology
This transparency report for M G Mccurdy Trust Uw Fbo 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.