Mcdonough First United Methodist Preschool
Mcdonough First United Methodist Preschool consistently operates with surpluses and zero reported officer compensation.
EIN: 200040250 · Mcdonough, GA · Updated: 2026-03-28
Is Mcdonough First United Methodist Preschool Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mcdonough First United Methodist Preschool directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mcdonough First United Methodist Preschool
Mcdonough First United Methodist Preschool (EIN: 200040250) is a nonprofit organization based in Mcdonough, GA. The organization reported total revenue of $963K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mcdonough First United Methodist Preschool's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mcdonough First United Methodist Preschool is a small nonprofit that has been operating for 52 years, with 12 years of IRS 990 filings on record (2012–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $935K |
| Total Expenses | $845K |
| Surplus / Deficit | +$90K |
| Total Assets | $1.0M |
| Net Assets | $1.0M |
| Operating Margin | 9.6% |
| Months of Reserves | 14.6 months |
Financial Health Grade: A
In 2023, Mcdonough First United Methodist Preschool reported a surplus of $90K with revenue exceeding expenses, holds 14.6 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.5% | +2.2% | +9.6% |
| 2022 | -16.4% | +5.0% | +14.9% |
| 2021 | +24.5% | -8.0% | +39.6% |
| 2020 | +8.8% | +12.2% | +42.2% |
| 2019 | -1.0% | -9.7% | +22.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7100 |
| IRS Ruling Date | 1974 |
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 Mcdonough First United Methodist Preschool with a Mission Score of 92 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Mcdonough First United Methodist Preschool allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 $90K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization or that compensation falls below reporting thresholds, which is highly efficient for an organization of its size with revenues approaching $1 million.
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 Mcdonough First United Methodist Preschool's IRS 990 filings:
- NTEE Code is unknown, which can sometimes hinder detailed comparative analysis.
Strengths
The following positive indicators were identified for Mcdonough First United Methodist Preschool:
- Consistent financial surpluses, such as $89,545 in 2023 ($934,956 revenue - $845,411 expenses).
- Significant asset growth from $90,500 in 2014 to $1,026,185 in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency.
- Minimal to no liabilities in most recent years, showing strong financial stability.
- Consistent IRS 990 filing history over 12 periods, demonstrating transparency and compliance.
Frequently Asked Questions about Mcdonough First United Methodist Preschool
Is Mcdonough First United Methodist Preschool a legitimate charity?
Based on AI analysis of IRS 990 filings, Mcdonough First United Methodist Preschool (EIN: 200040250) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Mcdonough First United Methodist Preschool spend its money?
Mcdonough First United Methodist Preschool directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mcdonough First United Methodist Preschool tax-deductible?
Mcdonough First United Methodist Preschool is registered as a tax-exempt nonprofit (EIN: 200040250). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Mcdonough First United Methodist Preschool a good charity?
Based on the provided financial data, Mcdonough First United Methodist Preschool appears to be a very good charity. It consistently operates with surpluses, has grown its assets significantly (from $90,500 in 2014 to over $1 million in 2023), and reports zero officer compensation, suggesting high efficiency and dedication to its mission.
How has the organization's financial health changed over the last decade?
The organization's financial health has significantly improved over the last decade. Assets have grown from $90,500 in 2014 to $1,026,185 in 2023, and it has consistently maintained surpluses, indicating strong financial management and growth.
What is the trend in revenue and expenses?
Revenue has generally fluctuated but remained strong, with the latest revenue at $934,956 in 2023. Expenses have consistently been lower than revenue, leading to annual surpluses, demonstrating sound financial control.
Filing History
IRS 990 filing history for Mcdonough First United Methodist Preschool showing financial trends over 12 years of public records:
Total assets increased by 1313.9% over the same period, from $73K to $1.0M. In its most recent filing year (2023), Mcdonough First United Methodist Preschool reported a surplus of $90K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $935K | $845K | $1.0M | $0 | — | View 990 |
| 2022 | $950K | $827K | $937K | $0 | — | View 990 |
| 2021 | $1.1M | $787K | $815K | $0 | — | View 990 |
| 2020 | $912K | $856K | $584K | $117K | — | — |
| 2019 | $838K | $762K | $411K | $0 | — | View 990 |
| 2018 | $847K | $844K | $335K | $0 | — | View 990 |
| 2017 | $945K | $847K | $332K | $0 | — | View 990 |
| 2016 | $925K | $808K | $236K | $10K | — | View 990 |
| 2015 | $862K | $806K | $125K | $17K | — | View 990 |
| 2014 | $755K | $732K | $91K | $26K | — | View 990 |
| 2013 | $0 | $0 | $95K | $0 | — | View 990 |
| 2012 | $0 | $0 | $73K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $935K, expenses of $845K, and assets of $1.0M (revenue -1.5% year-over-year).
- 2022: Revenue of $950K, expenses of $827K, and assets of $937K (revenue -16.4% year-over-year).
- 2021: Revenue of $1.1M, expenses of $787K, and assets of $815K (revenue +24.5% year-over-year).
- 2020: Revenue of $912K, expenses of $856K, and assets of $584K (revenue +8.8% year-over-year).
- 2019: Revenue of $838K, expenses of $762K, and assets of $411K (revenue -1.0% year-over-year).
- 2018: Revenue of $847K, expenses of $844K, and assets of $335K (revenue -10.4% year-over-year).
- 2017: Revenue of $945K, expenses of $847K, and assets of $332K (revenue +2.1% year-over-year).
- 2016: Revenue of $925K, expenses of $808K, and assets of $236K (revenue +7.4% year-over-year).
- 2015: Revenue of $862K, expenses of $806K, and assets of $125K (revenue +14.2% year-over-year).
- 2014: Revenue of $755K, expenses of $732K, and assets of $91K.
- 2013: Revenue of $0, expenses of $0, and assets of $95K.
- 2012: Revenue of $0, expenses of $0, and assets of $73K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mcdonough First United Methodist Preschool:
Data Sources and Methodology
This transparency report for Mcdonough First United Methodist Preschool 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.