Mccarton Foundation For Developmental Disabilities Inc
Mccarton Foundation experiences rapid growth with no reported officer compensation, but faced a slight deficit in 2023.
EIN: 20568114 · Bronx, NY · NTEE: B12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.7M |
| Total Expenses | $12.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $11 |
| Net Assets | $917K |
| Transparency Score | 95/100 |
Is Mccarton Foundation For Developmental Disabilities Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mccarton Foundation For Developmental Disabilities Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mccarton Foundation For Developmental Disabilities Inc
Mccarton Foundation For Developmental Disabilities Inc (EIN: 20568114) is a nonprofit organization based in Bronx, NY, classified under NTEE code B12. The organization reported total revenue of $11.7M and total assets of $17.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mccarton Foundation For Developmental Disabilities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mccarton Foundation For Developmental Disabilities Inc is a large nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.8M |
| Total Expenses | $12.0M |
| Surplus / Deficit | $-160,120 |
| Total Assets | $19.1M |
| Total Liabilities | $18.2M |
| Net Assets | $917K |
| Operating Margin | -1.4% |
| Debt-to-Asset Ratio | 95.2% |
| Months of Reserves | 19.1 months |
Financial Health Grade: C
In 2023, Mccarton Foundation For Developmental Disabilities Inc reported a deficit of $160K with expenses exceeding revenue, holds 19.1 months of operating reserves (strong position), has a debt-to-asset ratio of 95.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mccarton Foundation For Developmental Disabilities Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.8% | +27.2% | +489.5% |
| 2022 | +61.9% | +47.2% | +13.7% |
| 2021 | +6.5% | -2.3% | +81.1% |
| 2020 | +193.2% | +96.1% | +235.8% |
| 2019 | +7.5% | +310.9% | -62.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Mccarton Foundation For Developmental Disabilities Inc with a Mission Score of 95 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, Mccarton Foundation For Developmental Disabilities Inc 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 $160K, with expenses exceeding revenue.
- Debt-to-asset ratio: 95.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation from the organization. This is an exceptional practice for an organization of its size, with over $11 million in revenue, and suggests a very high dedication to mission-driven spending.
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 Mccarton Foundation For Developmental Disabilities Inc's IRS 990 filings:
- Expenses slightly exceeded revenue in the 2023 filing, leading to a net deficit for the period.
- Significant increase in liabilities in 2023 (to $18,209,928) warrants further investigation into the nature of these obligations.
Strengths
The following positive indicators were identified for Mccarton Foundation For Developmental Disabilities Inc:
- Exceptional transparency and commitment to mission with 0% officer compensation reported across all filings.
- Demonstrated rapid growth in revenue and assets, indicating increasing capacity and impact.
- Strong program focus, as evidenced by the lack of executive compensation, allowing more funds for direct services.
- Consistent revenue growth from $219,238 in 2017 to over $11 million in 2023.
Frequently Asked Questions about Mccarton Foundation For Developmental Disabilities Inc
Is Mccarton Foundation For Developmental Disabilities Inc a legitimate charity?
Mccarton Foundation For Developmental Disabilities Inc (EIN: 20568114) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $11.7M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Mccarton Foundation For Developmental Disabilities Inc spend its money?
Mccarton Foundation For Developmental Disabilities Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Mccarton Foundation For Developmental Disabilities Inc tax-deductible?
Mccarton Foundation For Developmental Disabilities Inc is registered as a tax-exempt nonprofit (EIN: 20568114). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mccarton Foundation For Developmental Disabilities Inc CEO make?
Mccarton Foundation For Developmental Disabilities Inc's highest-compensated officer earns $11 annually. The organization reported $11.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Mccarton Foundation For Developmental Disabilities Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Mccarton Foundation For Developmental Disabilities Inc is above average for NTEE category B12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mccarton Foundation For Developmental Disabilities Inc located?
Mccarton Foundation For Developmental Disabilities Inc is headquartered in Bronx, New York and files with the IRS under EIN 20568114. It is classified under NTEE code B12.
How many years of IRS 990 filings does Mccarton Foundation For Developmental Disabilities Inc have?
Mccarton Foundation For Developmental Disabilities Inc has 13 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 $11.7M in total revenue.
How does the Mccarton Foundation fund its operations given 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be compensated through a related entity, volunteer their time, or have other sources of income. This practice allows a greater proportion of the organization's $11.8 million in revenue to be directed towards program services and other operational costs.
What caused the significant increase in assets and liabilities in the 2023 filing?
In 2023, assets jumped to $19,127,210 from $3,244,437 in 2022, and liabilities increased to $18,209,928 from $3,055,233. This substantial increase suggests significant capital investments, possibly in property, equipment, or program expansion, which were likely financed through debt or other obligations.
Is the 2023 deficit a concern for the organization's long-term financial health?
The 2023 filing shows expenses ($12,002,057) slightly exceeding revenue ($11,841,937). While a single year's deficit isn't necessarily critical, especially during rapid growth, it warrants monitoring. The organization had a healthy surplus in 2022 ($10,690,517 revenue vs. $9,434,594 expenses), indicating it can operate efficiently.
Filing History
IRS 990 filing history for Mccarton Foundation For Developmental Disabilities Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mccarton Foundation For Developmental Disabilities Inc's revenue has grown by 470.5%, moving from $2.1M to $11.8M. Total assets increased by 8421% over the same period, from $224K to $19.1M. Total functional expenses rose by 627.3%, from $1.7M to $12.0M. In its most recent filing year (2023), Mccarton Foundation For Developmental Disabilities Inc reported a deficit of $160K, with expenses exceeding revenue. The organization holds $18.2M in liabilities against $19.1M in assets (debt-to-asset ratio: 95.2%), resulting in net assets of $917K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.8M | $12.0M | $19.1M | $18.2M | — | View 990 |
| 2022 | $10.7M | $9.4M | $3.2M | $3.1M | — | View 990 |
| 2021 | $6.6M | $6.4M | $2.9M | $3.2M | — | View 990 |
| 2020 | $6.2M | $6.6M | $1.6M | $2.1M | — | View 990 |
| 2019 | $2.1M | $3.3M | $469K | $561K | — | View 990 |
| 2018 | $2.0M | $814K | $1.2M | $109K | — | View 990 |
| 2017 | $219K | $280K | $31K | $47K | — | View 990 |
| 2016 | $332K | $239K | $87K | $43K | — | View 990 |
| 2015 | $-6,211 | $184K | $9K | $58K | — | View 990 |
| 2014 | $882K | $793K | $231K | $32K | — | View 990 |
| 2013 | $973K | $1.0M | $134K | $22K | — | View 990 |
| 2012 | $1.4M | $1.4M | $161K | $23K | — | View 990 |
| 2011 | $2.1M | $1.7M | $224K | $49K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.8M, expenses of $12.0M, and assets of $19.1M (revenue +10.8% year-over-year).
- 2022: Revenue of $10.7M, expenses of $9.4M, and assets of $3.2M (revenue +61.9% year-over-year).
- 2021: Revenue of $6.6M, expenses of $6.4M, and assets of $2.9M (revenue +6.5% year-over-year).
- 2020: Revenue of $6.2M, expenses of $6.6M, and assets of $1.6M (revenue +193.2% year-over-year).
- 2019: Revenue of $2.1M, expenses of $3.3M, and assets of $469K (revenue +7.5% year-over-year).
- 2018: Revenue of $2.0M, expenses of $814K, and assets of $1.2M (revenue +797.7% year-over-year).
- 2017: Revenue of $219K, expenses of $280K, and assets of $31K (revenue -34.0% year-over-year).
- 2016: Revenue of $332K, expenses of $239K, and assets of $87K.
- 2015: Revenue of $-6,211, expenses of $184K, and assets of $9K (revenue -100.7% year-over-year).
- 2014: Revenue of $882K, expenses of $793K, and assets of $231K (revenue -9.4% year-over-year).
- 2013: Revenue of $973K, expenses of $1.0M, and assets of $134K (revenue -30.4% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $161K (revenue -32.6% year-over-year).
- 2011: Revenue of $2.1M, expenses of $1.7M, and assets of $224K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mccarton Foundation For Developmental Disabilities Inc:
Data Sources and Methodology
This transparency report for Mccarton Foundation For Developmental Disabilities 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.