Mcclennan Charitable Tr
EIN: 467098107 · Portsmouth, NH · NTEE: T23
| Metric | Value |
|---|---|
| Total Revenue | $677K |
| Total Expenses | $35K |
| Net Assets | $812K |
Is Mcclennan Charitable Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mcclennan Charitable Tr
Mcclennan Charitable Tr (EIN: 467098107) is a nonprofit organization based in Portsmouth, NH, classified under NTEE code T23. The organization reported total revenue of $677K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mcclennan Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mcclennan Charitable Tr is a small nonprofit that has been operating for 11 years, with 7 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 20.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $55K |
| Total Expenses | $35K |
| Surplus / Deficit | +$20K |
| Total Assets | $812K |
| Total Liabilities | $1 |
| Net Assets | $812K |
| Operating Margin | 36.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 280.2 months |
Financial Health Grade: A
In 2023, Mcclennan Charitable Tr reported a surplus of $20K with revenue exceeding expenses, holds 280.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2014–2023), Mcclennan Charitable Tr's revenue has grown at a compound annual growth rate (CAGR) of 20.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +57.3% | -33.4% | +2.5% |
| 2022 | -30.7% | +86.2% | -2.2% |
| 2021 | -14.0% | -47.2% | +2.8% |
| 2020 | -17.9% | -70.0% | +0.7% |
| 2019 | +471.6% | +243.3% | -12.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mcclennan Charitable Tr 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 Mcclennan Charitable Tr 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 surplus of $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Mcclennan Charitable Tr
Is Mcclennan Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Mcclennan Charitable Tr (EIN: 467098107) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mcclennan Charitable Tr spend its money?
Detailed spending breakdown data is not yet available for Mcclennan Charitable Tr. Check back for updated IRS 990 analysis.
Are donations to Mcclennan Charitable Tr tax-deductible?
Mcclennan Charitable Tr is registered as a tax-exempt nonprofit (EIN: 467098107). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mcclennan Charitable Tr located?
Mcclennan Charitable Tr is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 467098107. It is classified under NTEE code T23.
How many years of IRS 990 filings does Mcclennan Charitable Tr have?
Mcclennan Charitable Tr has 7 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 $677K in total revenue.
Filing History
IRS 990 filing history for Mcclennan Charitable Tr showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2014–2023), Mcclennan Charitable Tr's revenue has grown by 433.3%, moving from $10K to $55K. Total assets decreased by 9.4% over the same period, from $895K to $812K. Total functional expenses rose by 16.4%, from $30K to $35K. In its most recent filing year (2023), Mcclennan Charitable Tr reported a surplus of $20K, with revenue exceeding expenses. The organization holds $1 in liabilities against $812K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $812K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $55K | $35K | $812K | $1 | — | View 990 |
| 2022 | $35K | $52K | $792K | $1 | — | View 990 |
| 2021 | $50K | $28K | $809K | $1 | — | View 990 |
| 2020 | $58K | $53K | $787K | $1 | — | View 990 |
| 2019 | $71K | $177K | $782K | $0 | — | View 990 |
| 2015 | $12K | $52K | $895K | $0 | — | View 990 |
| 2014 | $10K | $30K | $895K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $55K, expenses of $35K, and assets of $812K (revenue +57.3% year-over-year).
- 2022: Revenue of $35K, expenses of $52K, and assets of $792K (revenue -30.7% year-over-year).
- 2021: Revenue of $50K, expenses of $28K, and assets of $809K (revenue -14.0% year-over-year).
- 2020: Revenue of $58K, expenses of $53K, and assets of $787K (revenue -17.9% year-over-year).
- 2019: Revenue of $71K, expenses of $177K, and assets of $782K (revenue +471.6% year-over-year).
- 2015: Revenue of $12K, expenses of $52K, and assets of $895K (revenue +21.3% year-over-year).
- 2014: Revenue of $10K, expenses of $30K, and assets of $895K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mcclennan Charitable Tr:
Data Sources and Methodology
This transparency report for Mcclennan Charitable Tr 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.