Mac Foundation
Mac Foundation consistently operates at a significant deficit, with expenses far exceeding minimal revenue, leading to a steady decline in assets.
EIN: 208128531 · Greenville, SC · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6 |
| Total Expenses | $269 |
| Program Spending | 70% |
| Net Assets | $6K |
| Transparency Score | 30/100 |
Is Mac Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mac Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Mac Foundation
Mac Foundation (EIN: 208128531) is a nonprofit organization based in Greenville, SC, classified under NTEE code B90. The organization reported total revenue of $6 and total assets of $6K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mac Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mac Foundation is a micro nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -53.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6 |
| Total Expenses | $269 |
| Surplus / Deficit | $-263 |
| Total Assets | $6K |
| Net Assets | $6K |
| Operating Margin | -4383.3% |
| Months of Reserves | 284.5 months |
Financial Health Grade: B
In 2023, Mac Foundation reported a deficit of $263 with expenses exceeding revenue, holds 284.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Mac Foundation's revenue has declined at a compound annual growth rate (CAGR) of -53.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +36.5% | -4.0% |
| 2022 | -14.3% | -57.9% | -2.8% |
| 2021 | -12.5% | -76.2% | -6.3% |
| 2020 | -20.0% | +14.6% | -21.2% |
| 2019 | -9.1% | +1.5% | -15.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Mac Foundation with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Mac Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $263, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through non-officer roles, which is common for very small, volunteer-run entities.
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 Mac Foundation's IRS 990 filings:
- Consistent and significant operational deficits (expenses far exceeding revenue, e.g., $6 revenue vs. $269 expenses in 2023).
- Steady decline in assets over the past decade (from $18,630 in 2014 to $6,378 in 2023).
- Extremely low revenue generation, raising questions about the organization's active operations and impact.
Strengths
The following positive indicators were identified for Mac Foundation:
- Consistent filing of IRS Form 990s, demonstrating a commitment to regulatory transparency.
- No reported officer compensation, suggesting a lean or volunteer-driven leadership structure.
Frequently Asked Questions about Mac Foundation
Is Mac Foundation a legitimate charity?
Mac Foundation (EIN: 208128531) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 30/100. It has 13 years of IRS 990 filings on record. Total revenue: $6. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Mac Foundation spend its money?
Mac Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Mac Foundation tax-deductible?
Mac Foundation is registered as a tax-exempt nonprofit (EIN: 208128531). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mac Foundation's spending goes to programs?
Mac Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Mac Foundation compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Mac Foundation is below average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mac Foundation located?
Mac Foundation is headquartered in Greenville, South Carolina and files with the IRS under EIN 208128531. It is classified under NTEE code B90.
How many years of IRS 990 filings does Mac Foundation have?
Mac Foundation has 13 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 $6 in total revenue.
Is Mac Foundation financially sustainable?
Based on the consistent pattern of expenses significantly exceeding revenue (e.g., $6 revenue vs. $269 expenses in 2023), the organization does not appear to be financially sustainable in its current operational model. Its assets have been steadily declining for years.
What are the primary sources of Mac Foundation's funding?
The filings consistently show very low revenue figures, often in the single digits. Without more detailed schedules from the 990, it's difficult to pinpoint specific funding sources, but the overall amount suggests minimal external support or very limited operational activity.
Why are expenses consistently higher than revenue?
The data indicates a persistent operational deficit. This could be due to a lack of successful fundraising, a reliance on drawing down existing assets to cover costs, or a very limited scope of activities that still incur some fixed expenses. For example, in 2020, revenue was $8 while expenses were $1,967.
What programs does Mac Foundation operate given its minimal revenue?
With revenue consistently in the single digits and expenses often in the hundreds or thousands, it's unclear what specific programs the foundation is able to fund. The financial data suggests very limited programmatic activity, if any, that is directly supported by current income.
Filing History
IRS 990 filing history for Mac Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mac Foundation's revenue has declined by 100%, moving from $62K to $6. Total assets decreased by 77.4% over the same period, from $28K to $6K. Total functional expenses fell by 99.5%, from $50K to $269. In its most recent filing year (2023), Mac Foundation reported a deficit of $263, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6 | $269 | $6K | $0 | — | — |
| 2022 | $6 | $197 | $7K | $0 | — | View 990 |
| 2021 | $7 | $468 | $7K | $0 | — | — |
| 2020 | $8 | $2K | $7K | $0 | — | — |
| 2019 | $10 | $2K | $9K | $0 | — | View 990 |
| 2018 | $11 | $2K | $11K | $0 | — | View 990 |
| 2017 | $13 | $542 | $13K | $0 | — | View 990 |
| 2016 | $22 | $3K | $13K | $0 | — | View 990 |
| 2015 | $35 | $3K | $16K | $0 | — | View 990 |
| 2014 | $39 | $2K | $19K | $0 | — | View 990 |
| 2013 | $1K | $5K | $20K | $0 | — | View 990 |
| 2012 | $333 | $4K | $25K | $0 | — | View 990 |
| 2011 | $62K | $50K | $28K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $6, expenses of $269, and assets of $6K (revenue +0.0% year-over-year).
- 2022: Revenue of $6, expenses of $197, and assets of $7K (revenue -14.3% year-over-year).
- 2021: Revenue of $7, expenses of $468, and assets of $7K (revenue -12.5% year-over-year).
- 2020: Revenue of $8, expenses of $2K, and assets of $7K (revenue -20.0% year-over-year).
- 2019: Revenue of $10, expenses of $2K, and assets of $9K (revenue -9.1% year-over-year).
- 2018: Revenue of $11, expenses of $2K, and assets of $11K (revenue -15.4% year-over-year).
- 2017: Revenue of $13, expenses of $542, and assets of $13K (revenue -40.9% year-over-year).
- 2016: Revenue of $22, expenses of $3K, and assets of $13K (revenue -37.1% year-over-year).
- 2015: Revenue of $35, expenses of $3K, and assets of $16K (revenue -10.3% year-over-year).
- 2014: Revenue of $39, expenses of $2K, and assets of $19K (revenue -96.2% year-over-year).
- 2013: Revenue of $1K, expenses of $5K, and assets of $20K (revenue +208.4% year-over-year).
- 2012: Revenue of $333, expenses of $4K, and assets of $25K (revenue -99.5% year-over-year).
- 2011: Revenue of $62K, expenses of $50K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mac Foundation:
Data Sources and Methodology
This transparency report for Mac Foundation 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.