Marquis George Macdonald Foundation Inc
Marquis George Macdonald Foundation consistently spends more than its annual revenue, drawing on substantial assets.
EIN: 131957181 · Chicago, IL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.4M |
| Total Expenses | $462K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $6.5M |
| Transparency Score | 75/100 |
Is Marquis George Macdonald Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Marquis George Macdonald Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Marquis George Macdonald Foundation Inc
Marquis George Macdonald Foundation Inc (EIN: 131957181) is a nonprofit organization based in Chicago, IL. The organization reported total revenue of $4.4M and total assets of $6.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marquis George Macdonald Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marquis George Macdonald Foundation Inc is a mid-size nonprofit that has been operating for 73 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $252K |
| Total Expenses | $462K |
| Surplus / Deficit | $-209,863 |
| Total Assets | $6.5M |
| Total Liabilities | $1 |
| Net Assets | $6.5M |
| Operating Margin | -83.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 168.5 months |
Financial Health Grade: B
In 2023, Marquis George Macdonald Foundation Inc reported a deficit of $210K with expenses exceeding revenue, holds 168.5 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), Marquis George Macdonald Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.1% | -11.4% | -3.2% |
| 2022 | -57.2% | -1.6% | -2.3% |
| 2021 | +135.1% | +4.3% | +5.1% |
| 2020 | +55.8% | -5.2% | -2.1% |
| 2019 | -5.4% | +5.6% | +8.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1953 |
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 Marquis George Macdonald Foundation Inc with a Mission Score of 75 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Marquis George Macdonald Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $210K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the foundation, which is highly unusual for an organization with assets exceeding $6 million.
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 Marquis George Macdonald Foundation Inc's IRS 990 filings:
- Consistent annual expenses exceeding revenue
- Lack of detailed program spending information in provided data
- Unknown NTEE code limits understanding of mission focus
Strengths
The following positive indicators were identified for Marquis George Macdonald Foundation Inc:
- Zero officer compensation reported across all filings
- Substantial asset base ($6,492,979 in 2023)
- Minimal liabilities ($1 in recent years)
- Consistent filing history
Frequently Asked Questions about Marquis George Macdonald Foundation Inc
Is Marquis George Macdonald Foundation Inc a legitimate charity?
Marquis George Macdonald Foundation Inc (EIN: 131957181) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.4M. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Marquis George Macdonald Foundation Inc spend its money?
Marquis George Macdonald Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Marquis George Macdonald Foundation Inc tax-deductible?
Marquis George Macdonald Foundation Inc is registered as a tax-exempt nonprofit (EIN: 131957181). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Marquis George Macdonald Foundation Inc CEO make?
Marquis George Macdonald Foundation Inc's highest-compensated officer earns $6 annually. The organization reported $4.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Marquis George Macdonald Foundation Inc's spending goes to programs?
Marquis George Macdonald Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Marquis George Macdonald Foundation Inc located?
Marquis George Macdonald Foundation Inc is headquartered in Chicago, Illinois and files with the IRS under EIN 131957181.
How many years of IRS 990 filings does Marquis George Macdonald Foundation Inc have?
Marquis George Macdonald Foundation Inc 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 $4.4M in total revenue.
How does the foundation sustain its operations given consistent revenue deficits?
The foundation sustains its operations by drawing from its significant asset base, which was $6,492,979 in 2023, as its expenses consistently exceed annual revenues.
What are the primary program areas or grants funded by the foundation?
Without NTEE code or detailed program expense breakdowns, the specific program areas or grants funded by the foundation cannot be determined from the provided data.
Who manages the foundation's operations if there is no officer compensation?
The absence of officer compensation suggests that management may be voluntary, or compensated through other means not reported as officer compensation, or outsourced.
Filing History
IRS 990 filing history for Marquis George Macdonald Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Marquis George Macdonald Foundation Inc's revenue has declined by 3.1%, moving from $260K to $252K. Total assets decreased by 1.7% over the same period, from $6.6M to $6.5M. Total functional expenses fell by 3.8%, from $481K to $462K. In its most recent filing year (2023), Marquis George Macdonald Foundation Inc reported a deficit of $210K, with expenses exceeding revenue. The organization holds $1 in liabilities against $6.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $252K | $462K | $6.5M | $1 | — | View 990 |
| 2022 | $372K | $522K | $6.7M | $1 | — | View 990 |
| 2021 | $868K | $530K | $6.9M | $1 | — | View 990 |
| 2020 | $369K | $508K | $6.5M | $1 | — | — |
| 2019 | $237K | $536K | $6.7M | $0 | — | View 990 |
| 2015 | $251K | $508K | $6.2M | $0 | — | View 990 |
| 2014 | $385K | $541K | $6.4M | $0 | — | View 990 |
| 2013 | $586K | $518K | $6.6M | $0 | — | View 990 |
| 2012 | $476K | $502K | $6.5M | $0 | — | View 990 |
| 2011 | $260K | $481K | $6.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $252K, expenses of $462K, and assets of $6.5M (revenue -32.1% year-over-year).
- 2022: Revenue of $372K, expenses of $522K, and assets of $6.7M (revenue -57.2% year-over-year).
- 2021: Revenue of $868K, expenses of $530K, and assets of $6.9M (revenue +135.1% year-over-year).
- 2020: Revenue of $369K, expenses of $508K, and assets of $6.5M (revenue +55.8% year-over-year).
- 2019: Revenue of $237K, expenses of $536K, and assets of $6.7M (revenue -5.4% year-over-year).
- 2015: Revenue of $251K, expenses of $508K, and assets of $6.2M (revenue -35.0% year-over-year).
- 2014: Revenue of $385K, expenses of $541K, and assets of $6.4M (revenue -34.3% year-over-year).
- 2013: Revenue of $586K, expenses of $518K, and assets of $6.6M (revenue +23.1% year-over-year).
- 2012: Revenue of $476K, expenses of $502K, and assets of $6.5M (revenue +82.9% year-over-year).
- 2011: Revenue of $260K, expenses of $481K, and assets of $6.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marquis George Macdonald Foundation Inc:
Data Sources and Methodology
This transparency report for Marquis George Macdonald Foundation Inc 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.