Mcgown Family Foundation Inc
Mcgown Family Foundation consistently spends more than it earns, drawing down assets over time.
EIN: 203828486 · Boise, ID · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1K |
| Total Expenses | $2K |
| Program Spending | 90% |
| Net Assets | $26K |
| Transparency Score | 65/100 |
Is Mcgown Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mcgown Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mcgown Family Foundation Inc
Mcgown Family Foundation Inc (EIN: 203828486) is a nonprofit organization based in Boise, ID, classified under NTEE code T20. The organization reported total revenue of $1K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mcgown Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mcgown Family Foundation Inc is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $976 |
| Total Expenses | $2K |
| Surplus / Deficit | $-744 |
| Total Assets | $26K |
| Total Liabilities | $1 |
| Net Assets | $26K |
| Operating Margin | -76.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 181.5 months |
Financial Health Grade: B
In 2023, Mcgown Family Foundation Inc reported a deficit of $744 with expenses exceeding revenue, holds 181.5 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), Mcgown Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.3% | -61.1% | -2.8% |
| 2022 | -90.7% | +31.1% | -11.9% |
| 2021 | +764.1% | -12.0% | +20.6% |
| 2020 | +13.0% | +5.6% | -7.3% |
| 2019 | +8.7% | -11.7% | -23.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Mcgown Family Foundation Inc with a Mission Score of 65 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Mcgown Family Foundation 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 $744, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees are receiving salaries from the foundation, which is a positive sign for a small organization.
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 Mcgown Family Foundation Inc's IRS 990 filings:
- Consistent deficit spending, with expenses frequently exceeding revenue (e.g., $1,720 expenses vs. $976 revenue in 2023).
- Declining asset base over the past decade, from $43,717 in 2011 to $26,010 in 2023, indicating a diminishing capacity.
Strengths
The following positive indicators were identified for Mcgown Family Foundation Inc:
- Zero officer compensation reported across all filings, indicating efficient use of funds for leadership.
- Consistent filing of IRS Form 990, demonstrating compliance and transparency.
- Very low liabilities, consistently reported as $0 or $1, indicating strong financial solvency in terms of debt.
Frequently Asked Questions about Mcgown Family Foundation Inc
Is Mcgown Family Foundation Inc a legitimate charity?
Mcgown Family Foundation Inc (EIN: 203828486) is a registered tax-exempt nonprofit based in Idaho. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $1K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Mcgown Family Foundation Inc spend its money?
Mcgown Family Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Mcgown Family Foundation Inc tax-deductible?
Mcgown Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203828486). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Mcgown Family Foundation Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Mcgown Family Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mcgown Family Foundation Inc located?
Mcgown Family Foundation Inc is headquartered in Boise, Idaho and files with the IRS under EIN 203828486. It is classified under NTEE code T20.
How many years of IRS 990 filings does Mcgown Family Foundation Inc have?
Mcgown Family Foundation Inc 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 $1K in total revenue.
What is the long-term strategy for the foundation's declining assets?
The consistent decline in assets from $43,717 in 2011 to $26,010 in 2023 suggests the foundation is either intentionally spending down its endowment or struggling to generate sufficient revenue to cover its expenses and distributions. The 990 filings alone do not specify the long-term strategy.
How does the foundation cover its expenses when revenue is consistently lower?
The foundation covers its expenses by drawing down its existing asset base. For example, in 2023, with $976 in revenue and $1,720 in expenses, the $744 deficit was covered by a reduction in assets.
What specific programs or grants does the foundation support?
The NTEE code T20 indicates 'Foundations, Philanthropy, and Grantmaking Institutions'. Without Schedule I (Grants and Other Assistance) from the 990-PF, specific beneficiaries or program areas cannot be identified from the provided data.
Filing History
IRS 990 filing history for Mcgown Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mcgown Family Foundation Inc's revenue has grown by 1.7%, moving from $960 to $976. Total assets decreased by 40.5% over the same period, from $44K to $26K. Total functional expenses fell by 22.5%, from $2K to $2K. In its most recent filing year (2023), Mcgown Family Foundation Inc reported a deficit of $744, with expenses exceeding revenue. The organization holds $1 in liabilities against $26K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $26K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $976 | $2K | $26K | $1 | — | — |
| 2022 | $798 | $4K | $27K | $1 | — | — |
| 2021 | $9K | $3K | $30K | $1 | — | — |
| 2020 | $992 | $4K | $25K | $1 | — | — |
| 2019 | $878 | $4K | $27K | $0 | — | View 990 |
| 2015 | $808 | $4K | $36K | $0 | — | View 990 |
| 2014 | $814 | $5K | $38K | $0 | — | View 990 |
| 2013 | $994 | $3K | $42K | $0 | — | View 990 |
| 2012 | $894 | $4K | $41K | $0 | — | — |
| 2011 | $960 | $2K | $44K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $976, expenses of $2K, and assets of $26K (revenue +22.3% year-over-year).
- 2022: Revenue of $798, expenses of $4K, and assets of $27K (revenue -90.7% year-over-year).
- 2021: Revenue of $9K, expenses of $3K, and assets of $30K (revenue +764.1% year-over-year).
- 2020: Revenue of $992, expenses of $4K, and assets of $25K (revenue +13.0% year-over-year).
- 2019: Revenue of $878, expenses of $4K, and assets of $27K (revenue +8.7% year-over-year).
- 2015: Revenue of $808, expenses of $4K, and assets of $36K (revenue -0.7% year-over-year).
- 2014: Revenue of $814, expenses of $5K, and assets of $38K (revenue -18.1% year-over-year).
- 2013: Revenue of $994, expenses of $3K, and assets of $42K (revenue +11.2% year-over-year).
- 2012: Revenue of $894, expenses of $4K, and assets of $41K (revenue -6.9% year-over-year).
- 2011: Revenue of $960, expenses of $2K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mcgown Family Foundation Inc:
Data Sources and Methodology
This transparency report for Mcgown Family Foundation 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.