Mcinerney Family Foundation
Mcinerney Family Foundation shows strong asset growth and zero officer compensation over a decade.
EIN: 133949885 · Westport, CT · NTEE: T20Z · Updated: 2026-03-28
Is Mcinerney Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mcinerney Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mcinerney Family Foundation
Mcinerney Family Foundation (EIN: 133949885) is a nonprofit organization based in Westport, CT, classified under NTEE code T20Z. The organization reported total revenue of $12.2M and total assets of $9.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mcinerney Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mcinerney Family Foundation is a large nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 78.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.9M |
| Total Expenses | $4.6M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $7.6M |
| Total Liabilities | $1 |
| Net Assets | $7.6M |
| Operating Margin | 21.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 19.8 months |
Financial Health Grade: A
In 2024, Mcinerney Family Foundation reported a surplus of $1.3M with revenue exceeding expenses, holds 19.8 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 (2012–2024), Mcinerney Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 78.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -8.5% | +465.6% | +19.9% |
| 2023 | +4730.5% | +968.8% | +755.2% |
| 2022 | -10.3% | -30.2% | +8.3% |
| 2021 | +527.2% | +73.2% | +6.0% |
| 2020 | -70.4% | -35.4% | +13.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Mcinerney 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Mcinerney Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees are drawing salaries from the foundation, which is highly unusual for an organization with millions in revenue and assets.
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 Mcinerney Family Foundation's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data (though implied high efficiency)
Strengths
The following positive indicators were identified for Mcinerney Family Foundation:
- Consistent 0% officer compensation across all filings
- Significant and rapid asset growth, especially in recent years (from $632,239 in 2012 to $7,643,192 in 2024)
- Extremely low liabilities ($1 consistently reported)
- Healthy revenue surpluses in recent periods (e.g., $5,898,586 revenue vs. $4,630,112 expenses in 2024)
- Strong financial transparency with 10 years of consistent filings
Frequently Asked Questions about Mcinerney Family Foundation
Is Mcinerney Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mcinerney Family Foundation (EIN: 133949885) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Mcinerney Family Foundation spend its money?
Mcinerney Family Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mcinerney Family Foundation tax-deductible?
Mcinerney Family Foundation is registered as a tax-exempt nonprofit (EIN: 133949885). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Mcinerney Family Foundation a good charity?
Based on the provided financial data, the Mcinerney Family Foundation appears to be a very good charity from a financial efficiency and transparency perspective. It consistently reports 0% officer compensation and maintains extremely low liabilities, indicating that nearly all resources are directed towards its mission or asset growth.
How has the foundation's financial health changed over time?
The foundation's financial health has significantly improved, especially in recent years. Revenue has surged from under $150,000 annually for many years to over $6 million in both 2023 and 2024. Assets have grown from $632,239 in 2012 to $7,643,192 in 2024, demonstrating substantial growth and financial stability.
What is the significance of 0% officer compensation?
The 0% officer compensation is highly significant as it means that the foundation's leadership is not drawing salaries, which dramatically reduces administrative overhead and ensures that a maximal portion of funds can be allocated to programmatic activities or building the endowment for future impact.
Filing History
IRS 990 filing history for Mcinerney Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Mcinerney Family Foundation's revenue has grown by 106295.9%, moving from $6K to $5.9M. Total assets increased by 1108.9% over the same period, from $632K to $7.6M. Total functional expenses rose by 7042.7%, from $65K to $4.6M. In its most recent filing year (2024), Mcinerney Family Foundation reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $1 in liabilities against $7.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $5.9M | $4.6M | $7.6M | $1 | — | View 990 |
| 2023 | $6.4M | $819K | $6.4M | $1 | — | View 990 |
| 2022 | $133K | $77K | $745K | $1 | — | View 990 |
| 2021 | $149K | $110K | $689K | $1 | — | — |
| 2020 | $24K | $63K | $650K | $1 | — | View 990 |
| 2016 | $80K | $98K | $575K | $1 | — | View 990 |
| 2015 | $125K | $187K | $593K | $1 | — | View 990 |
| 2014 | $136K | $179K | $655K | $1 | — | View 990 |
| 2013 | $130K | $64K | $698K | $1 | — | View 990 |
| 2012 | $6K | $65K | $632K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $5.9M, expenses of $4.6M, and assets of $7.6M (revenue -8.5% year-over-year).
- 2023: Revenue of $6.4M, expenses of $819K, and assets of $6.4M (revenue +4730.5% year-over-year).
- 2022: Revenue of $133K, expenses of $77K, and assets of $745K (revenue -10.3% year-over-year).
- 2021: Revenue of $149K, expenses of $110K, and assets of $689K (revenue +527.2% year-over-year).
- 2020: Revenue of $24K, expenses of $63K, and assets of $650K (revenue -70.4% year-over-year).
- 2016: Revenue of $80K, expenses of $98K, and assets of $575K (revenue -35.9% year-over-year).
- 2015: Revenue of $125K, expenses of $187K, and assets of $593K (revenue -7.9% year-over-year).
- 2014: Revenue of $136K, expenses of $179K, and assets of $655K (revenue +4.8% year-over-year).
- 2013: Revenue of $130K, expenses of $64K, and assets of $698K (revenue +2238.4% year-over-year).
- 2012: Revenue of $6K, expenses of $65K, and assets of $632K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mcinerney Family Foundation:
Data Sources and Methodology
This transparency report for Mcinerney 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.