Mcdaniel Family Foundation
McDaniel Family Foundation consistently grows assets with minimal liabilities and no officer compensation.
EIN: 200137557 · Boulder, CO · NTEE: T22 · Updated: 2026-03-28
Is Mcdaniel Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mcdaniel Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mcdaniel Family Foundation
Mcdaniel Family Foundation (EIN: 200137557) is a nonprofit organization based in Boulder, CO, classified under NTEE code T22. The organization reported total revenue of $1.1M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mcdaniel Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mcdaniel Family Foundation is a mid-size nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $372K |
| Total Expenses | $212K |
| Surplus / Deficit | +$160K |
| Total Assets | $2.0M |
| Total Liabilities | $1 |
| Net Assets | $2.0M |
| Operating Margin | 42.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 112.1 months |
Financial Health Grade: A
In 2023, Mcdaniel Family Foundation reported a surplus of $160K with revenue exceeding expenses, holds 112.1 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), Mcdaniel Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 20.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +60.9% | +4.2% | +0.9% |
| 2022 | -53.9% | +15.0% | -4.2% |
| 2021 | +25.0% | -15.8% | +0.5% |
| 2020 | -14.9% | +87.7% | +12.5% |
| 2019 | +196.5% | +64.3% | +48.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Mcdaniel Family Foundation 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, Mcdaniel Family Foundation 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 surplus of $160K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The McDaniel Family Foundation reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or volunteer-based, which is highly efficient for a foundation of its size.
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.
Strengths
The following positive indicators were identified for Mcdaniel Family Foundation:
- Consistent asset growth, from $646,008 in 2011 to $1,982,933 in 2023.
- Extremely low liabilities, consistently reported as $1 or $0.
- No reported officer compensation across all 10 filings, indicating high efficiency and volunteer leadership.
- Expenses consistently lower than revenue in most periods, demonstrating strong financial management.
- Strong financial stability with a healthy asset-to-liability ratio.
Frequently Asked Questions about Mcdaniel Family Foundation
Is Mcdaniel Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mcdaniel Family Foundation (EIN: 200137557) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Mcdaniel Family Foundation spend its money?
Mcdaniel Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mcdaniel Family Foundation tax-deductible?
Mcdaniel Family Foundation is registered as a tax-exempt nonprofit (EIN: 200137557). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the McDaniel Family Foundation allocate its program spending?
While the filings indicate strong overall program spending efficiency (implied by low expenses relative to revenue and no officer compensation), specific details on the types of programs or grants funded are not available in the provided summary data.
What is the primary source of the foundation's revenue?
The provided data shows fluctuating revenue, but does not specify the sources (e.g., investments, contributions). Further investigation into the full 990 forms would be needed to determine the primary revenue streams.
How does the foundation manage its administrative costs given its asset growth?
The foundation appears to manage administrative costs very effectively, as total expenses are consistently well below revenue, and there is no reported officer compensation, contributing to a lean operational structure.
Filing History
IRS 990 filing history for Mcdaniel Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mcdaniel Family Foundation's revenue has grown by 833.4%, moving from $40K to $372K. Total assets increased by 207% over the same period, from $646K to $2.0M. Total functional expenses rose by 563.5%, from $32K to $212K. In its most recent filing year (2023), Mcdaniel Family Foundation reported a surplus of $160K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $372K | $212K | $2.0M | $1 | — | — |
| 2022 | $231K | $204K | $2.0M | $1 | — | View 990 |
| 2021 | $501K | $177K | $2.1M | $1 | — | View 990 |
| 2020 | $401K | $211K | $2.0M | $1 | — | View 990 |
| 2019 | $472K | $112K | $1.8M | $1 | — | View 990 |
| 2015 | $159K | $68K | $1.2M | $1 | — | View 990 |
| 2014 | $288K | $75K | $1.1M | $1 | — | View 990 |
| 2013 | $340K | $48K | $916K | $0 | — | View 990 |
| 2012 | $40K | $63K | $624K | $1 | — | View 990 |
| 2011 | $40K | $32K | $646K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $372K, expenses of $212K, and assets of $2.0M (revenue +60.9% year-over-year).
- 2022: Revenue of $231K, expenses of $204K, and assets of $2.0M (revenue -53.9% year-over-year).
- 2021: Revenue of $501K, expenses of $177K, and assets of $2.1M (revenue +25.0% year-over-year).
- 2020: Revenue of $401K, expenses of $211K, and assets of $2.0M (revenue -14.9% year-over-year).
- 2019: Revenue of $472K, expenses of $112K, and assets of $1.8M (revenue +196.5% year-over-year).
- 2015: Revenue of $159K, expenses of $68K, and assets of $1.2M (revenue -44.7% year-over-year).
- 2014: Revenue of $288K, expenses of $75K, and assets of $1.1M (revenue -15.5% year-over-year).
- 2013: Revenue of $340K, expenses of $48K, and assets of $916K (revenue +747.0% year-over-year).
- 2012: Revenue of $40K, expenses of $63K, and assets of $624K (revenue +0.8% year-over-year).
- 2011: Revenue of $40K, expenses of $32K, and assets of $646K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mcdaniel Family Foundation:
Data Sources and Methodology
This transparency report for Mcdaniel Family 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.