Maclaurin Family Foundation
Maclaurin Family Foundation maintains stable assets and zero executive compensation over a decade.
EIN: 203955215 · Hilton Head, SC · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $276K |
| Total Expenses | $58K |
| Program Spending | 90% |
| Net Assets | $703K |
| Transparency Score | 85/100 |
Is Maclaurin Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maclaurin Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maclaurin Family Foundation
Maclaurin Family Foundation (EIN: 203955215) is a nonprofit organization based in Hilton Head, SC, classified under NTEE code T20. The organization reported total revenue of $276K and total assets of $671K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maclaurin Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maclaurin Family Foundation is a small 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 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $39K |
| Total Expenses | $58K |
| Surplus / Deficit | $-19,223 |
| Total Assets | $703K |
| Total Liabilities | $1 |
| Net Assets | $703K |
| Operating Margin | -49.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 146.0 months |
Financial Health Grade: B
In 2023, Maclaurin Family Foundation reported a deficit of $19K with expenses exceeding revenue, holds 146.0 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 (2011–2023), Maclaurin Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.8% | +55.0% | -2.7% |
| 2022 | -63.3% | -23.9% | +-0.0% |
| 2021 | +118.5% | +18.2% | +7.8% |
| 2020 | -12.2% | +7.0% | +0.7% |
| 2019 | -15.6% | -33.2% | +4.9% |
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 Maclaurin Family Foundation 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, Maclaurin 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 $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Maclaurin Family Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to executives from the foundation's funds, which is highly favorable for a foundation 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.
Strengths
The following positive indicators were identified for Maclaurin Family Foundation:
- Consistent IRS 990 filing history (10 filings), demonstrating strong transparency.
- Zero officer compensation reported across all filings, indicating efficient use of funds for mission.
- Extremely low liabilities (typically $1), reflecting a very strong financial position with minimal debt.
- Stable asset base over a decade, demonstrating prudent financial management.
Frequently Asked Questions about Maclaurin Family Foundation
Is Maclaurin Family Foundation a legitimate charity?
Maclaurin Family Foundation (EIN: 203955215) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $276K. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Maclaurin Family Foundation spend its money?
Maclaurin Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Maclaurin Family Foundation tax-deductible?
Maclaurin Family Foundation is registered as a tax-exempt nonprofit (EIN: 203955215). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Maclaurin Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Maclaurin 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 Maclaurin Family Foundation located?
Maclaurin Family Foundation is headquartered in Hilton Head, South Carolina and files with the IRS under EIN 203955215. It is classified under NTEE code T20.
How many years of IRS 990 filings does Maclaurin Family Foundation have?
Maclaurin 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 $276K in total revenue.
Is the Maclaurin Family Foundation financially stable?
Yes, the foundation appears financially stable. It consistently maintains assets between $600,000 and $700,000 and reports negligible liabilities (typically $1), indicating a strong balance sheet.
Does the foundation pay its officers?
No, the foundation consistently reports 0% officer compensation in all available IRS 990 filings, meaning no salaries are paid to executives.
How has the foundation's revenue trended?
The foundation's revenue has fluctuated, with a high of $101,464 in 2021 and a low of $26,028 in 2012. The latest reported revenue is $38,599 (2023), showing variability but generally remaining below $80,000 annually.
What is the foundation's approach to debt?
The foundation maintains an extremely low debt profile, consistently reporting liabilities of $1 across most filing periods, indicating a virtually debt-free operation.
Filing History
IRS 990 filing history for Maclaurin Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Maclaurin Family Foundation's revenue has grown by 19.2%, moving from $32K to $39K. Total assets increased by 14.4% over the same period, from $615K to $703K. Total functional expenses rose by 25%, from $46K to $58K. In its most recent filing year (2023), Maclaurin Family Foundation reported a deficit of $19K, with expenses exceeding revenue. The organization holds $1 in liabilities against $703K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $703K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $39K | $58K | $703K | $1 | — | — |
| 2022 | $37K | $37K | $723K | $1 | — | — |
| 2021 | $101K | $49K | $723K | $1 | — | — |
| 2020 | $46K | $42K | $670K | $1 | — | — |
| 2019 | $53K | $39K | $665K | $1 | — | View 990 |
| 2015 | $63K | $58K | $634K | $1 | — | View 990 |
| 2014 | $80K | $50K | $630K | $1 | — | View 990 |
| 2013 | $64K | $57K | $600K | $1 | — | View 990 |
| 2012 | $26K | $46K | $594K | $1 | — | View 990 |
| 2011 | $32K | $46K | $615K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $39K, expenses of $58K, and assets of $703K (revenue +3.8% year-over-year).
- 2022: Revenue of $37K, expenses of $37K, and assets of $723K (revenue -63.3% year-over-year).
- 2021: Revenue of $101K, expenses of $49K, and assets of $723K (revenue +118.5% year-over-year).
- 2020: Revenue of $46K, expenses of $42K, and assets of $670K (revenue -12.2% year-over-year).
- 2019: Revenue of $53K, expenses of $39K, and assets of $665K (revenue -15.6% year-over-year).
- 2015: Revenue of $63K, expenses of $58K, and assets of $634K (revenue -21.3% year-over-year).
- 2014: Revenue of $80K, expenses of $50K, and assets of $630K (revenue +25.4% year-over-year).
- 2013: Revenue of $64K, expenses of $57K, and assets of $600K (revenue +144.2% year-over-year).
- 2012: Revenue of $26K, expenses of $46K, and assets of $594K (revenue -19.6% year-over-year).
- 2011: Revenue of $32K, expenses of $46K, and assets of $615K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maclaurin Family Foundation:
Data Sources and Methodology
This transparency report for Maclaurin 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.