Macari Family Foundation
EIN: 266164218 · Cumberland, RI · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $76K |
| Total Expenses | $49K |
| Net Assets | $560K |
Is Macari Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Macari Family Foundation
Macari Family Foundation (EIN: 266164218) is a nonprofit organization based in Cumberland, RI, classified under NTEE code T20. The organization reported total revenue of $76K and total assets of $555K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Macari Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Macari Family Foundation is a micro nonprofit that has been operating for 18 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 47.6%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $18K |
| Total Expenses | $49K |
| Surplus / Deficit | $-30,951 |
| Total Assets | $560K |
| Net Assets | $560K |
| Operating Margin | -172.5% |
| Months of Reserves | 137.5 months |
Financial Health Grade: B
In 2015, Macari Family Foundation reported a deficit of $31K with expenses exceeding revenue, holds 137.5 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2011–2015), Macari Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 47.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -78.2% | -11.3% | -4.5% |
| 2014 | +76.3% | -43.6% | -1.0% |
| 2013 | +103.1% | -2.9% | -7.9% |
| 2012 | +509.0% | +33.7% | -10.8% |
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 Analysis Pending
AI enrichment for Macari Family Foundation 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 Macari Family Foundation 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $31K, with expenses exceeding revenue.
Frequently Asked Questions about Macari Family Foundation
Is Macari Family Foundation a legitimate charity?
Macari Family Foundation (EIN: 266164218) is a registered tax-exempt nonprofit based in Rhode Island. It has 5 years of IRS 990 filings on record. Total revenue: $76K. No red flags identified. Financial health grade: B.
How does Macari Family Foundation spend its money?
Macari Family Foundation reported $76K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Macari Family Foundation tax-deductible?
Macari Family Foundation is registered as a tax-exempt nonprofit (EIN: 266164218). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Macari Family Foundation located?
Macari Family Foundation is headquartered in Cumberland, Rhode Island and files with the IRS under EIN 266164218. It is classified under NTEE code T20.
How many years of IRS 990 filings does Macari Family Foundation have?
Macari Family Foundation has 5 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 $76K in total revenue.
Filing History
IRS 990 filing history for Macari Family Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Macari Family Foundation's revenue has grown by 375.2%, moving from $4K to $18K. Total assets decreased by 22.3% over the same period, from $721K to $560K. Total functional expenses fell by 35%, from $75K to $49K. In its most recent filing year (2015), Macari Family Foundation reported a deficit of $31K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $18K | $49K | $560K | $0 | — | View 990 |
| 2014 | $82K | $55K | $587K | $1 | — | View 990 |
| 2013 | $47K | $98K | $592K | $0 | — | View 990 |
| 2012 | $23K | $101K | $643K | $0 | — | View 990 |
| 2011 | $4K | $75K | $721K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $18K, expenses of $49K, and assets of $560K (revenue -78.2% year-over-year).
- 2014: Revenue of $82K, expenses of $55K, and assets of $587K (revenue +76.3% year-over-year).
- 2013: Revenue of $47K, expenses of $98K, and assets of $592K (revenue +103.1% year-over-year).
- 2012: Revenue of $23K, expenses of $101K, and assets of $643K (revenue +509.0% year-over-year).
- 2011: Revenue of $4K, expenses of $75K, and assets of $721K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Macari Family Foundation:
Data Sources and Methodology
This transparency report for Macari Family 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.