Macinnis Family Foundation
Macinnis Family Foundation faces recurring operating deficits despite substantial assets and zero officer compensation.
EIN: 203825167 · Westport, CT · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $24K |
| Total Expenses | $124K |
| Program Spending | 90% |
| Net Assets | $774K |
| Transparency Score | 70/100 |
Is Macinnis Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Macinnis Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Macinnis Family Foundation
Macinnis Family Foundation (EIN: 203825167) is a nonprofit organization based in Westport, CT, classified under NTEE code T20. The organization reported total revenue of $24K and total assets of $733K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Macinnis Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Macinnis Family Foundation is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -17.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $32K |
| Total Expenses | $124K |
| Surplus / Deficit | $-91,295 |
| Total Assets | $774K |
| Total Liabilities | $1 |
| Net Assets | $774K |
| Operating Margin | -282.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 75.2 months |
Financial Health Grade: B
In 2023, Macinnis Family Foundation reported a deficit of $91K with expenses exceeding revenue, holds 75.2 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), Macinnis Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -17.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -113.3% | +14.6% | -15.8% |
| 2021 | +2666.5% | -22.6% | +22.4% |
| 2020 | +70.6% | +69.0% | -12.8% |
| 2019 | -96.0% | -37.8% | +5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Macinnis Family Foundation with a Mission Score of 70 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: 90%
- fundraising: 0%
According to IRS 990 filings, Macinnis Family Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $91K, 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 or key employees receive salaries from the foundation, which is highly efficient for an organization of its 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 Macinnis Family Foundation's IRS 990 filings:
- Recurring operating deficits (e.g., $32,343 revenue vs. $123,638 expenses in 2023)
- Declining asset base in recent years (from $1,027,303 in 2021 to $774,360 in 2023)
- Negative revenue reported in 2022 ($-38,715)
Strengths
The following positive indicators were identified for Macinnis Family Foundation:
- Consistent 0% officer compensation, indicating high efficiency in executive pay
- Very low liabilities ($1 consistently reported), suggesting minimal debt burden
- Substantial asset base ($774,360 in 2023) providing financial cushion
Frequently Asked Questions about Macinnis Family Foundation
Is Macinnis Family Foundation a legitimate charity?
Macinnis Family Foundation (EIN: 203825167) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $24K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Macinnis Family Foundation spend its money?
Macinnis Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Macinnis Family Foundation tax-deductible?
Macinnis Family Foundation is registered as a tax-exempt nonprofit (EIN: 203825167). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Macinnis Family Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Macinnis Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Macinnis Family Foundation located?
Macinnis Family Foundation is headquartered in Westport, Connecticut and files with the IRS under EIN 203825167. It is classified under NTEE code T20.
How many years of IRS 990 filings does Macinnis Family Foundation have?
Macinnis Family Foundation 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 $24K in total revenue.
Is the Macinnis Family Foundation financially sustainable?
The foundation's financial sustainability is questionable given that expenses have frequently exceeded revenue, leading to operating deficits in multiple years (e.g., 2023, 2022, 2020, 2019). While it has substantial assets, these have been declining, suggesting reliance on asset drawdowns rather than consistent operational income.
How does the foundation manage its overhead?
The foundation manages its overhead very efficiently regarding executive compensation, reporting 0% officer compensation in all available filings. This indicates a strong commitment to directing funds towards its mission rather than administrative salaries.
What is the trend in the foundation's asset base?
The foundation's asset base has shown a declining trend in recent years, falling from a peak of $1,027,303 in 2021 to $774,360 in 2023, after reaching $865,284 in 2022. This suggests a potential draw-down of principal to cover expenses.
Filing History
IRS 990 filing history for Macinnis Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Macinnis Family Foundation's revenue has declined by 90%, moving from $325K to $32K. Total assets decreased by 13.3% over the same period, from $893K to $774K. Total functional expenses fell by 6.8%, from $133K to $124K. In its most recent filing year (2023), Macinnis Family Foundation reported a deficit of $91K, with expenses exceeding revenue. The organization holds $1 in liabilities against $774K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $774K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $32K | $124K | $774K | $1 | — | — |
| 2022 | $-38,715 | $119K | $865K | $1 | — | — |
| 2021 | $291K | $103K | $1.0M | $1 | — | — |
| 2020 | $11K | $134K | $840K | $1 | — | — |
| 2019 | $6K | $79K | $963K | $1 | — | View 990 |
| 2015 | $154K | $127K | $911K | $1 | — | View 990 |
| 2014 | $198K | $118K | $884K | $1 | — | View 990 |
| 2013 | $541K | $159K | $914K | $1 | — | View 990 |
| 2012 | $8K | $202K | $700K | $1 | — | View 990 |
| 2011 | $325K | $133K | $893K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $32K, expenses of $124K, and assets of $774K.
- 2022: Revenue of $-38,715, expenses of $119K, and assets of $865K (revenue -113.3% year-over-year).
- 2021: Revenue of $291K, expenses of $103K, and assets of $1.0M (revenue +2666.5% year-over-year).
- 2020: Revenue of $11K, expenses of $134K, and assets of $840K (revenue +70.6% year-over-year).
- 2019: Revenue of $6K, expenses of $79K, and assets of $963K (revenue -96.0% year-over-year).
- 2015: Revenue of $154K, expenses of $127K, and assets of $911K (revenue -22.4% year-over-year).
- 2014: Revenue of $198K, expenses of $118K, and assets of $884K (revenue -63.3% year-over-year).
- 2013: Revenue of $541K, expenses of $159K, and assets of $914K (revenue +6294.7% year-over-year).
- 2012: Revenue of $8K, expenses of $202K, and assets of $700K (revenue -97.4% year-over-year).
- 2011: Revenue of $325K, expenses of $133K, and assets of $893K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Macinnis Family Foundation:
Data Sources and Methodology
This transparency report for Macinnis 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.