Mcdowell Foundation
Mcdowell Foundation shows volatile revenue but maintains strong assets with no reported officer compensation.
EIN: 136172492 · Park Ridge, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $347K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $3.0M |
| Transparency Score | 75/100 |
Is Mcdowell Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mcdowell Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Mcdowell Foundation
Mcdowell Foundation (EIN: 136172492) is a nonprofit organization based in Park Ridge, NJ. The organization reported total revenue of $1.2M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mcdowell Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mcdowell Foundation is a mid-size nonprofit that has been operating for 67 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $222K |
| Total Expenses | $347K |
| Surplus / Deficit | $-124,565 |
| Total Assets | $3.0M |
| Total Liabilities | $1 |
| Net Assets | $3.0M |
| Operating Margin | -56.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 102.3 months |
Financial Health Grade: B
In 2023, Mcdowell Foundation reported a deficit of $125K with expenses exceeding revenue, holds 102.3 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), Mcdowell Foundation's revenue has grown at a compound annual growth rate (CAGR) of 20.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.7% | -11.8% | -4.0% |
| 2022 | -81.7% | +43.8% | -6.1% |
| 2021 | +417.7% | -36.6% | +31.5% |
| 2020 | -58.7% | -72.9% | -8.3% |
| 2019 | +31.5% | +297.5% | +72.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1959 |
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 Mcdowell Foundation with a Mission Score of 75 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Mcdowell Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $125K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for a foundation of its size with assets nearing $3 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 Mcdowell Foundation's IRS 990 filings:
- Inconsistent revenue generation with significant year-over-year fluctuations (e.g., $1,059,096 in 2021 vs. $221,945 in 2023).
- Expenses frequently exceeding revenue in recent years (e.g., 2023 and 2022), indicating potential operational deficits.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full efficiency analysis.
Strengths
The following positive indicators were identified for Mcdowell Foundation:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds at the executive level.
- Strong and growing asset base, increasing from $903,988 in 2011 to $2,954,869 in 2023, demonstrating financial stability.
- Extremely low liabilities, often reported as $1, indicating minimal debt and strong solvency.
Frequently Asked Questions about Mcdowell Foundation
Is Mcdowell Foundation a legitimate charity?
Mcdowell Foundation (EIN: 136172492) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.2M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Mcdowell Foundation spend its money?
Mcdowell Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Mcdowell Foundation tax-deductible?
Mcdowell Foundation is registered as a tax-exempt nonprofit (EIN: 136172492). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mcdowell Foundation CEO make?
Mcdowell Foundation's highest-compensated officer earns $3 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mcdowell Foundation's spending goes to programs?
Mcdowell Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Mcdowell Foundation located?
Mcdowell Foundation is headquartered in Park Ridge, New Jersey and files with the IRS under EIN 136172492.
How many years of IRS 990 filings does Mcdowell Foundation have?
Mcdowell Foundation has 10 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 $1.2M in total revenue.
What is the primary source of the Mcdowell Foundation's revenue, given its significant year-to-year fluctuations?
The provided data does not specify revenue sources, but the volatility suggests reliance on grants, investment returns, or large individual donations rather than consistent program service fees.
How does the Mcdowell Foundation cover its expenses when they exceed revenue, as seen in 2023 and 2022?
When expenses exceed revenue, the foundation likely draws upon its accumulated assets or prior year surpluses to cover operational costs, as indicated by the consistent asset base despite deficits.
What are the specific program activities that the Mcdowell Foundation funds?
The NTEE code is unknown, and the provided financial summary does not detail specific program activities, making it impossible to assess the nature of its charitable work.
Filing History
IRS 990 filing history for Mcdowell Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mcdowell Foundation's revenue has grown by 814.7%, moving from $24K to $222K. Total assets increased by 226.9% over the same period, from $904K to $3.0M. Total functional expenses rose by 390.4%, from $71K to $347K. In its most recent filing year (2023), Mcdowell Foundation reported a deficit of $125K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $222K | $347K | $3.0M | $1 | — | View 990 |
| 2022 | $194K | $393K | $3.1M | $1 | — | View 990 |
| 2021 | $1.1M | $273K | $3.3M | $1 | — | — |
| 2020 | $205K | $431K | $2.5M | $1 | — | — |
| 2019 | $495K | $1.6M | $2.7M | $1 | — | View 990 |
| 2015 | $377K | $401K | $1.6M | $0 | — | View 990 |
| 2014 | $561K | $255K | $1.6M | $0 | — | View 990 |
| 2013 | $556K | $264K | $1.3M | $0 | — | View 990 |
| 2012 | $196K | $101K | $999K | $0 | — | View 990 |
| 2011 | $24K | $71K | $904K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $222K, expenses of $347K, and assets of $3.0M (revenue +14.7% year-over-year).
- 2022: Revenue of $194K, expenses of $393K, and assets of $3.1M (revenue -81.7% year-over-year).
- 2021: Revenue of $1.1M, expenses of $273K, and assets of $3.3M (revenue +417.7% year-over-year).
- 2020: Revenue of $205K, expenses of $431K, and assets of $2.5M (revenue -58.7% year-over-year).
- 2019: Revenue of $495K, expenses of $1.6M, and assets of $2.7M (revenue +31.5% year-over-year).
- 2015: Revenue of $377K, expenses of $401K, and assets of $1.6M (revenue -32.8% year-over-year).
- 2014: Revenue of $561K, expenses of $255K, and assets of $1.6M (revenue +0.8% year-over-year).
- 2013: Revenue of $556K, expenses of $264K, and assets of $1.3M (revenue +183.9% year-over-year).
- 2012: Revenue of $196K, expenses of $101K, and assets of $999K (revenue +707.4% year-over-year).
- 2011: Revenue of $24K, expenses of $71K, and assets of $904K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mcdowell Foundation:
Data Sources and Methodology
This transparency report for Mcdowell 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.