Mcc Foundation Inc
Mcc Foundation Inc: Strong Asset Base, Inconsistent Revenue
EIN: 222842246 · Wilmington, DE · NTEE: P99Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $624K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $6.5M |
| Transparency Score | 65/100 |
Is Mcc Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mcc Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Mcc Foundation Inc
Mcc Foundation Inc (EIN: 222842246) is a nonprofit organization based in Wilmington, DE, classified under NTEE code P99Z. The organization reported total revenue of $3.1M and total assets of $7.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mcc Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mcc Foundation Inc is a mid-size nonprofit that has been operating for 28 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $567K |
| Total Expenses | $624K |
| Surplus / Deficit | $-56,944 |
| Total Assets | $6.6M |
| Total Liabilities | $125K |
| Net Assets | $6.5M |
| Operating Margin | -10.0% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 126.5 months |
Financial Health Grade: B
In 2024, Mcc Foundation Inc reported a deficit of $57K with expenses exceeding revenue, holds 126.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2024), Mcc Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +99.3% | +34.9% | -2.6% |
| 2021 | -35.6% | +52.7% | +17.1% |
| 2019 | -6.8% | -12.4% | +2.0% |
| 2018 | +39.9% | -23.5% | +3.9% |
| 2017 | +1321.9% | -77.6% | +5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Mcc Foundation Inc with a Mission Score of 65 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: 70%
- fundraising: 15%
According to IRS 990 filings, Mcc Foundation Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $57K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.9%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, which is unusual for an organization with significant assets and expenditures and may indicate compensation is paid through other means or not reported accurately.
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 Mcc Foundation Inc's IRS 990 filings:
- Consistent reporting of $0 for all compensation to officers, directors, trustees, and key employees across multiple years (e.g., 2024, 2021, 2019) is a significant red flag.
- Expenditures (e.g., $624,314 in 2024) are substantial, yet no compensation is reported for leadership, raising questions about how leadership is compensated or if the organization is entirely volunteer-run at the highest levels.
- Revenue has been inconsistent, with a notable drop from $1,234,100 in 2014 to $23,846 in 2016, then a recovery to $567,370 in 2024, indicating potential instability in funding streams.
Strengths
The following positive indicators were identified for Mcc Foundation Inc:
- The organization maintains a strong asset base, with assets consistently above $5 million, reaching $6,583,755 in 2024.
- Despite revenue fluctuations, the organization has managed to sustain its operations and asset levels over a decade.
- The organization has a long operational history with filings dating back to 2014.
Frequently Asked Questions about Mcc Foundation Inc
Is Mcc Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mcc Foundation Inc (EIN: 222842246) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Mcc Foundation Inc spend its money?
Mcc Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mcc Foundation Inc tax-deductible?
Mcc Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222842246). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mcc Foundation Inc CEO make?
Mcc Foundation Inc's highest-compensated officer earns $0 annually. The organization reported $3.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mcc Foundation Inc's spending goes to programs?
Mcc Foundation Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Mcc Foundation Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Mcc Foundation Inc is above average for NTEE category P99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mcc Foundation Inc located?
Mcc Foundation Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 222842246. It is classified under NTEE code P99Z.
How many years of IRS 990 filings does Mcc Foundation Inc have?
Mcc Foundation Inc has 11 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 $3.1M in total revenue.
What does Mcc Foundation Inc do?
Mcc Foundation Inc is a nonprofit organization in the Human Services sector, located in Wilmington, Delaware. It is classified under NTEE code P99Z.
How much revenue does Mcc Foundation Inc have?
Mcc Foundation Inc reported total revenue of $3,147,057. Based on 11 IRS 990 filings on record.
What are Mcc Foundation Inc's total assets?
Mcc Foundation Inc holds total assets of $6,972,419 as reported in IRS 990 filings.
Where is Mcc Foundation Inc located?
Mcc Foundation Inc is based in Wilmington, Delaware.
What is Mcc Foundation Inc's EIN?
Mcc Foundation Inc's Employer Identification Number (EIN) is 222842246. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Mcc Foundation Inc?
Mcc Foundation Inc is classified under NTEE code P99Z (Human Services).
Is Mcc Foundation Inc a registered 501(c)(3)?
Yes, Mcc Foundation Inc is recognized as a tax-exempt organization by the IRS. EIN: 222842246.
Does Mcc Foundation Inc file IRS Form 990?
Yes, Mcc Foundation Inc has 11 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Mcc Foundation Inc's revenue in 2024?
In the 202406 filing period, Mcc Foundation Inc reported total revenue of $567,370, total expenses of $624,314, and net assets of $6,583,755.
Is Mcc Foundation Inc's revenue growing or declining?
Mcc Foundation Inc's revenue is growing. Revenue went from $284,715 (202106) to $567,370 (202406), a +99.3% change. Based on 11 filings on record.
What is Mcc Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Mcc Foundation Inc covers tax period 202406. It shows revenue of $567,370, expenses of $624,314, total assets of $6,583,755, and liabilities of $125,000.
How much does Mcc Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Mcc Foundation Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Mcc Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Mcc Foundation Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Mcc Foundation Inc?
The following concerns were identified: Consistent reporting of $0 for all compensation to officers, directors, trustees, and key employees across multiple years (e.g., 2024, 2021, 2019) is a significant red flag.. Expenditures (e.g., $624,314 in 2024) are substantial, yet no compensation is reported for leadership, raising questions about how leadership is compensated or if the organization is entirely volunteer-run at the highest levels.. Revenue has been inconsistent, with a notable drop from $1,234,100 in 2014 to $23,846 in 2016, then a recovery to $567,370 in 2024, indicating potential instability in funding streams.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Mcc Foundation Inc's strengths?
Positive indicators for Mcc Foundation Inc include: The organization maintains a strong asset base, with assets consistently above $5 million, reaching $6,583,755 in 2024.. Despite revenue fluctuations, the organization has managed to sustain its operations and asset levels over a decade.. The organization has a long operational history with filings dating back to 2014.. These findings are derived from AI analysis of the organization's financial filings.
How does Mcc Foundation Inc compensate executives?
Executive compensation is reported as $0 across all available filings, which is unusual for an organization with significant assets and expenditures and may indicate compensation is paid through other means or not reported accurately. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 for all compensation to officers, directors, trustees, and key employees, how does Mcc Foundation Inc attract and retain leadership, and what mechanisms are in place to ensure accountability for an organization with significant expenditures?
The consistent $0 compensation reported for leadership is highly unusual for an organization with expenditures like $624,314 in 2024. This could imply that leadership is entirely volunteer-based, compensated through a related entity not disclosed in these filings, or that compensation reporting is incomplete. Without further clarification, it raises questions about the sustainability of leadership and the transparency of financial operations.
Filing History
IRS 990 filing history for Mcc Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), Mcc Foundation Inc's revenue has grown by 44.6%, moving from $392K to $567K. Total assets decreased by 29.6% over the same period, from $9.4M to $6.6M. Total functional expenses rose by 1.6%, from $615K to $624K. In its most recent filing year (2024), Mcc Foundation Inc reported a deficit of $57K, with expenses exceeding revenue. The organization holds $125K in liabilities against $6.6M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $6.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $567K | $624K | $6.6M | $125K | — | View 990 |
| 2021 | $285K | $463K | $6.8M | $250K | — | View 990 |
| 2019 | $442K | $303K | $5.8M | $0 | — | View 990 |
| 2018 | $474K | $346K | $5.7M | $0 | — | View 990 |
| 2017 | $339K | $452K | $5.4M | $0 | — | View 990 |
| 2016 | $24K | $2.0M | $5.2M | $12K | — | View 990 |
| 2015 | $409K | $422K | $9.9M | $2.5M | — | View 990 |
| 2014 | $1.2M | $654K | $10.0M | $2.5M | — | View 990 |
| 2013 | $670K | $274K | $9.2M | $2.5M | — | View 990 |
| 2012 | $403K | $519K | $9.0M | $0 | — | View 990 |
| 2011 | $392K | $615K | $9.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $567K, expenses of $624K, and assets of $6.6M (revenue +99.3% year-over-year).
- 2021: Revenue of $285K, expenses of $463K, and assets of $6.8M (revenue -35.6% year-over-year).
- 2019: Revenue of $442K, expenses of $303K, and assets of $5.8M (revenue -6.8% year-over-year).
- 2018: Revenue of $474K, expenses of $346K, and assets of $5.7M (revenue +39.9% year-over-year).
- 2017: Revenue of $339K, expenses of $452K, and assets of $5.4M (revenue +1321.9% year-over-year).
- 2016: Revenue of $24K, expenses of $2.0M, and assets of $5.2M (revenue -94.2% year-over-year).
- 2015: Revenue of $409K, expenses of $422K, and assets of $9.9M (revenue -66.9% year-over-year).
- 2014: Revenue of $1.2M, expenses of $654K, and assets of $10.0M (revenue +84.3% year-over-year).
- 2013: Revenue of $670K, expenses of $274K, and assets of $9.2M (revenue +66.2% year-over-year).
- 2012: Revenue of $403K, expenses of $519K, and assets of $9.0M (revenue +2.7% year-over-year).
- 2011: Revenue of $392K, expenses of $615K, and assets of $9.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mcc Foundation Inc:
Data Sources and Methodology
This transparency report for Mcc 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.