Mckinney Geib Foundation Inc
Mckinney Geib Foundation's assets have declined by over 65% since 2009 due to consistent deficit spending.
EIN: 202017121 · Buford, GA · NTEE: T22 · Updated: 2026-03-28
Is Mckinney Geib Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mckinney Geib Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Mckinney Geib Foundation Inc
Mckinney Geib Foundation Inc (EIN: 202017121) is a nonprofit organization based in Buford, GA, classified under NTEE code T22. The organization reported total revenue of $666K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mckinney Geib Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mckinney Geib Foundation Inc is a small nonprofit that has been operating for 21 years, with 8 years of IRS 990 filings on record (2009–2020).
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $196K |
| Total Expenses | $546K |
| Surplus / Deficit | $-349,193 |
| Total Assets | $1.6M |
| Total Liabilities | $1 |
| Net Assets | $1.6M |
| Operating Margin | -177.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 35.2 months |
Financial Health Grade: B
In 2020, Mckinney Geib Foundation Inc reported a deficit of $349K with expenses exceeding revenue, holds 35.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -21.2% | -17.5% | -17.9% |
| 2019 | -7.9% | +67.8% | -46.9% |
| 2015 | +5.3% | -8.5% | -3.2% |
| 2014 | -14.3% | +59.4% | -4.3% |
| 2013 | +358.9% | -10.7% | +0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Mckinney Geib Foundation Inc with a Mission Score of 45 out of 100 (Fair). 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, Mckinney Geib Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $349K, 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 officer salaries were paid, which is a positive sign for minimizing overhead related to leadership.
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 Mckinney Geib Foundation Inc's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) across multiple years, e.g., 2020 revenue $196,465 vs. expenses $545,658.
- Significant and continuous decline in total assets, from $4,661,835 in 2009 to $1,601,199 in 2020.
- Lack of clear financial sustainability strategy given the long-term trend of asset depletion.
Strengths
The following positive indicators were identified for Mckinney Geib Foundation Inc:
- Zero officer compensation reported across all filings, indicating efficient use of funds regarding executive pay.
- Low liabilities reported ($0 or $1 across all filings), suggesting minimal debt burden.
Frequently Asked Questions about Mckinney Geib Foundation Inc
Is Mckinney Geib Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mckinney Geib Foundation Inc (EIN: 202017121) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
How does Mckinney Geib Foundation Inc spend its money?
Mckinney Geib Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mckinney Geib Foundation Inc tax-deductible?
Mckinney Geib Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202017121). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Mckinney Geib Foundation Inc. financially sustainable?
Based on the consistent trend of expenses exceeding revenue and the significant decline in assets from $4,661,835 in 2009 to $1,601,199 in 2020, the organization's current financial model appears unsustainable without significant changes.
What caused the substantial decline in assets?
The primary cause for the asset decline is the consistent deficit spending, where annual expenses have frequently and significantly outpaced annual revenues, forcing the organization to draw down on its reserves.
How does the organization cover its operational deficits?
The organization appears to be covering its operational deficits by liquidating or drawing down on its existing assets, as evidenced by the continuous decrease in total assets over the filing periods.
Filing History
IRS 990 filing history for Mckinney Geib Foundation Inc showing financial trends over 8 years of public records:
Total assets decreased by 65.7% over the same period, from $4.7M to $1.6M. Total functional expenses rose by 153.1%, from $216K to $546K. In its most recent filing year (2020), Mckinney Geib Foundation Inc reported a deficit of $349K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $196K | $546K | $1.6M | $1 | — | View 990 |
| 2019 | $249K | $661K | $2.0M | $1 | — | View 990 |
| 2015 | $271K | $394K | $3.7M | $0 | — | View 990 |
| 2014 | $257K | $431K | $3.8M | $0 | — | View 990 |
| 2013 | $300K | $270K | $4.0M | $0 | — | View 990 |
| 2012 | $65K | $303K | $3.9M | $0 | — | View 990 |
| 2011 | $45K | $255K | $4.2M | $0 | — | View 990 |
| 2009 | $-30,602 | $216K | $4.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $196K, expenses of $546K, and assets of $1.6M (revenue -21.2% year-over-year).
- 2019: Revenue of $249K, expenses of $661K, and assets of $2.0M (revenue -7.9% year-over-year).
- 2015: Revenue of $271K, expenses of $394K, and assets of $3.7M (revenue +5.3% year-over-year).
- 2014: Revenue of $257K, expenses of $431K, and assets of $3.8M (revenue -14.3% year-over-year).
- 2013: Revenue of $300K, expenses of $270K, and assets of $4.0M (revenue +358.9% year-over-year).
- 2012: Revenue of $65K, expenses of $303K, and assets of $3.9M (revenue +46.8% year-over-year).
- 2011: Revenue of $45K, expenses of $255K, and assets of $4.2M.
- 2009: Revenue of $-30,602, expenses of $216K, and assets of $4.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mckinney Geib Foundation Inc:
Data Sources and Methodology
This transparency report for Mckinney Geib 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.