Mary I Mcleod Foundation
EIN: 383407098 · Grosse Pt Pk, MI · NTEE: B82J
Is Mary I Mcleod Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mary I Mcleod Foundation
Mary I Mcleod Foundation (EIN: 383407098) is a nonprofit organization based in Grosse Pt Pk, MI, classified under NTEE code B82J. The organization reported total revenue of $175K and total assets of $191K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mary I Mcleod Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Mary I Mcleod 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 Mary I Mcleod 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.
Frequently Asked Questions about Mary I Mcleod Foundation
Is Mary I Mcleod Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mary I Mcleod Foundation (EIN: 383407098) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mary I Mcleod Foundation spend its money?
Detailed spending breakdown data is not yet available for Mary I Mcleod Foundation. Check back for updated IRS 990 analysis.
Are donations to Mary I Mcleod Foundation tax-deductible?
Mary I Mcleod Foundation is registered as a tax-exempt nonprofit (EIN: 383407098). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Mary I Mcleod Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mary I Mcleod Foundation's revenue has grown by 736.8%, moving from $3K to $28K. Total assets increased by 155.5% over the same period, from $79K to $201K. Total functional expenses rose by 2478.3%, from $12K to $298K. In its most recent filing year (2023), Mary I Mcleod Foundation reported a deficit of $270K, with expenses exceeding revenue. The organization holds $1 in liabilities against $201K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $201K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $28K | $298K | $201K | $1 | — | View 990 |
| 2022 | $136K | $80K | $471K | $1 | — | View 990 |
| 2021 | $5K | $96K | $437K | $1 | — | View 990 |
| 2020 | $369K | $63K | $557K | $1 | — | — |
| 2019 | $116K | $38K | $327K | $0 | — | View 990 |
| 2015 | $60K | $24K | $160K | $1 | — | View 990 |
| 2014 | $8K | $16K | $125K | $0 | — | View 990 |
| 2013 | $58K | $15K | $132K | $0 | — | View 990 |
| 2012 | $24K | $12K | $90K | $0 | — | View 990 |
| 2011 | $3K | $12K | $79K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $28K, expenses of $298K, and assets of $201K (revenue -79.3% year-over-year).
- 2022: Revenue of $136K, expenses of $80K, and assets of $471K (revenue +2897.8% year-over-year).
- 2021: Revenue of $5K, expenses of $96K, and assets of $437K (revenue -98.8% year-over-year).
- 2020: Revenue of $369K, expenses of $63K, and assets of $557K (revenue +219.5% year-over-year).
- 2019: Revenue of $116K, expenses of $38K, and assets of $327K (revenue +94.2% year-over-year).
- 2015: Revenue of $60K, expenses of $24K, and assets of $160K (revenue +631.5% year-over-year).
- 2014: Revenue of $8K, expenses of $16K, and assets of $125K (revenue -85.9% year-over-year).
- 2013: Revenue of $58K, expenses of $15K, and assets of $132K (revenue +139.0% year-over-year).
- 2012: Revenue of $24K, expenses of $12K, and assets of $90K (revenue +613.6% year-over-year).
- 2011: Revenue of $3K, expenses of $12K, and assets of $79K.
Data Sources and Methodology
This transparency report for Mary I Mcleod 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.