Mckenzie Monks Foundation
Mckenzie Monks Foundation maintains substantial assets with zero reported officer compensation amidst fluctuating revenues.
EIN: 200806404 · Fountain Hills, AZ · NTEE: E80 · Updated: 2026-03-28
Is Mckenzie Monks Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mckenzie Monks Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mckenzie Monks Foundation
Mckenzie Monks Foundation (EIN: 200806404) is a nonprofit organization based in Fountain Hills, AZ, classified under NTEE code E80. The organization reported total revenue of $530K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mckenzie Monks Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mckenzie Monks Foundation is a small 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 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $116K |
| Total Expenses | $72K |
| Surplus / Deficit | +$44K |
| Total Assets | $1.7M |
| Total Liabilities | $1 |
| Net Assets | $1.7M |
| Operating Margin | 38.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 290.6 months |
Financial Health Grade: A
In 2023, Mckenzie Monks Foundation reported a surplus of $44K with revenue exceeding expenses, holds 290.6 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), Mckenzie Monks Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -108.1% | +35.1% | -19.1% |
| 2021 | -10.1% | -18.0% | +8.0% |
| 2020 | -60.5% | -29.8% | +3.7% |
| 2019 | +27.4% | +5.5% | +15.8% |
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 Mckenzie Monks Foundation with a Mission Score of 85 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, Mckenzie Monks 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 $44K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which significantly reduces administrative overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Mckenzie Monks Foundation's IRS 990 filings:
- Significant revenue fluctuation, including negative revenue in 2022 ($-6,170), which could indicate reliance on asset drawdowns or inconsistent funding streams.
Strengths
The following positive indicators were identified for Mckenzie Monks Foundation:
- Strong asset base relative to expenses ($1,738,571 assets vs. $71,802 expenses in 2023), indicating financial stability and reserves.
- Zero reported officer compensation across all filings, suggesting very low administrative overhead and a volunteer-driven leadership.
- Consistent IRS 990 filing history (10 filings), demonstrating transparency and compliance.
- Extremely low liabilities (often $1 or $0) across all periods, indicating sound financial management and minimal debt.
Frequently Asked Questions about Mckenzie Monks Foundation
Is Mckenzie Monks Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mckenzie Monks Foundation (EIN: 200806404) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Mckenzie Monks Foundation spend its money?
Mckenzie Monks Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mckenzie Monks Foundation tax-deductible?
Mckenzie Monks Foundation is registered as a tax-exempt nonprofit (EIN: 200806404). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Mckenzie Monks Foundation a good charity?
Based on the provided data, the Mckenzie Monks Foundation appears to be a financially stable organization with substantial assets ($1,738,571 in 2023) and a strong commitment to minimizing administrative costs, evidenced by zero reported officer compensation. Its consistent IRS 990 filings also indicate transparency. However, without detailed program spending information, a full assessment of its direct impact is limited.
How does the organization manage its finances given the revenue fluctuations?
Despite significant revenue fluctuations, including a negative revenue year in 2022 ($-6,170), the organization has consistently maintained a large asset base (e.g., $1,738,571 in 2023) and very low liabilities, suggesting effective asset management and a reliance on reserves or investment income to cover expenses during leaner periods.
What is the significance of zero officer compensation?
Zero officer compensation is a strong indicator that the organization's leadership is either entirely volunteer-driven or compensated through other means not classified as officer compensation. This typically means a very low administrative overhead, allowing a greater proportion of funds to potentially go towards program services.
Filing History
IRS 990 filing history for Mckenzie Monks Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mckenzie Monks Foundation's revenue has grown by 45.8%, moving from $79K to $116K. Total assets increased by 8.8% over the same period, from $1.6M to $1.7M. Total functional expenses fell by 6.5%, from $77K to $72K. In its most recent filing year (2023), Mckenzie Monks Foundation reported a surplus of $44K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $116K | $72K | $1.7M | $1 | — | View 990 |
| 2022 | $-6,170 | $96K | $1.6M | $1 | — | View 990 |
| 2021 | $76K | $71K | $1.9M | $1 | — | — |
| 2020 | $84K | $86K | $1.8M | $1 | — | View 990 |
| 2019 | $214K | $123K | $1.7M | $1 | — | — |
| 2015 | $168K | $117K | $1.5M | $1K | — | View 990 |
| 2014 | $96K | $58K | $1.6M | $1K | — | View 990 |
| 2013 | $86K | $66K | $1.6M | $0 | — | View 990 |
| 2012 | $105K | $255K | $1.5M | $0 | — | View 990 |
| 2011 | $79K | $77K | $1.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $116K, expenses of $72K, and assets of $1.7M.
- 2022: Revenue of $-6,170, expenses of $96K, and assets of $1.6M (revenue -108.1% year-over-year).
- 2021: Revenue of $76K, expenses of $71K, and assets of $1.9M (revenue -10.1% year-over-year).
- 2020: Revenue of $84K, expenses of $86K, and assets of $1.8M (revenue -60.5% year-over-year).
- 2019: Revenue of $214K, expenses of $123K, and assets of $1.7M (revenue +27.4% year-over-year).
- 2015: Revenue of $168K, expenses of $117K, and assets of $1.5M (revenue +74.3% year-over-year).
- 2014: Revenue of $96K, expenses of $58K, and assets of $1.6M (revenue +12.2% year-over-year).
- 2013: Revenue of $86K, expenses of $66K, and assets of $1.6M (revenue -18.6% year-over-year).
- 2012: Revenue of $105K, expenses of $255K, and assets of $1.5M (revenue +32.8% year-over-year).
- 2011: Revenue of $79K, expenses of $77K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mckenzie Monks Foundation:
Data Sources and Methodology
This transparency report for Mckenzie Monks 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.