Malcolm F Macneil Family Fdn Ii
EIN: 237230620 · Cumb Foreside, ME
| Metric | Value |
|---|---|
| Total Revenue | $70K |
| Total Expenses | $115K |
| Net Assets | $529K |
Is Malcolm F Macneil Family Fdn Ii Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Malcolm F Macneil Family Fdn Ii
Malcolm F Macneil Family Fdn Ii (EIN: 237230620) is a nonprofit organization based in Cumb Foreside, ME. The organization reported total revenue of $70K and total assets of $488K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Malcolm F Macneil Family Fdn Ii's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Malcolm F Macneil Family Fdn Ii is a micro nonprofit that has been operating for 53 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $22K |
| Total Expenses | $115K |
| Surplus / Deficit | $-93,163 |
| Total Assets | $529K |
| Total Liabilities | $1 |
| Net Assets | $529K |
| Operating Margin | -430.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 55.3 months |
Financial Health Grade: B
In 2023, Malcolm F Macneil Family Fdn Ii reported a deficit of $93K with expenses exceeding revenue, holds 55.3 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), Malcolm F Macneil Family Fdn Ii's revenue has declined at a compound annual growth rate (CAGR) of -9.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.1% | +437.2% | -15.0% |
| 2022 | -2.7% | -75.9% | +-0.0% |
| 2021 | -63.1% | -20.0% | -9.7% |
| 2020 | -44.7% | +3.3% | -7.0% |
| 2019 | +322.6% | +46.6% | -13.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Malcolm F Macneil Family Fdn Ii 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 Malcolm F Macneil Family Fdn Ii 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $93K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Malcolm F Macneil Family Fdn Ii
Is Malcolm F Macneil Family Fdn Ii a legitimate charity?
Based on AI analysis of IRS 990 filings, Malcolm F Macneil Family Fdn Ii (EIN: 237230620) insufficient data. 0 red flags identified, 0 strengths noted.
How does Malcolm F Macneil Family Fdn Ii spend its money?
Detailed spending breakdown data is not yet available for Malcolm F Macneil Family Fdn Ii. Check back for updated IRS 990 analysis.
Are donations to Malcolm F Macneil Family Fdn Ii tax-deductible?
Malcolm F Macneil Family Fdn Ii is registered as a tax-exempt nonprofit (EIN: 237230620). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Malcolm F Macneil Family Fdn Ii located?
Malcolm F Macneil Family Fdn Ii is headquartered in Cumb Foreside, Maine and files with the IRS under EIN 237230620.
How many years of IRS 990 filings does Malcolm F Macneil Family Fdn Ii have?
Malcolm F Macneil Family Fdn Ii 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 $70K in total revenue.
Filing History
IRS 990 filing history for Malcolm F Macneil Family Fdn Ii showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Malcolm F Macneil Family Fdn Ii's revenue has declined by 68.8%, moving from $69K to $22K. Total assets decreased by 36.1% over the same period, from $827K to $529K. Total functional expenses rose by 51.1%, from $76K to $115K. In its most recent filing year (2023), Malcolm F Macneil Family Fdn Ii reported a deficit of $93K, with expenses exceeding revenue. The organization holds $1 in liabilities against $529K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $529K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22K | $115K | $529K | $1 | — | — |
| 2022 | $21K | $21K | $622K | $1 | — | — |
| 2021 | $22K | $89K | $622K | $1 | — | — |
| 2020 | $59K | $111K | $689K | $1 | — | — |
| 2019 | $107K | $107K | $741K | $0 | — | View 990 |
| 2015 | $25K | $73K | $852K | $0 | — | View 990 |
| 2014 | $32K | $71K | $900K | $0 | — | View 990 |
| 2013 | $181K | $62K | $939K | $0 | — | View 990 |
| 2012 | $42K | $50K | $820K | $0 | — | View 990 |
| 2011 | $69K | $76K | $827K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22K, expenses of $115K, and assets of $529K (revenue +2.1% year-over-year).
- 2022: Revenue of $21K, expenses of $21K, and assets of $622K (revenue -2.7% year-over-year).
- 2021: Revenue of $22K, expenses of $89K, and assets of $622K (revenue -63.1% year-over-year).
- 2020: Revenue of $59K, expenses of $111K, and assets of $689K (revenue -44.7% year-over-year).
- 2019: Revenue of $107K, expenses of $107K, and assets of $741K (revenue +322.6% year-over-year).
- 2015: Revenue of $25K, expenses of $73K, and assets of $852K (revenue -21.8% year-over-year).
- 2014: Revenue of $32K, expenses of $71K, and assets of $900K (revenue -82.2% year-over-year).
- 2013: Revenue of $181K, expenses of $62K, and assets of $939K (revenue +334.6% year-over-year).
- 2012: Revenue of $42K, expenses of $50K, and assets of $820K (revenue -39.7% year-over-year).
- 2011: Revenue of $69K, expenses of $76K, and assets of $827K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Malcolm F Macneil Family Fdn Ii:
Data Sources and Methodology
This transparency report for Malcolm F Macneil Family Fdn Ii 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.