Mcpherson Family Foundation
Mcpherson Family Foundation shows strong asset growth and consistent revenue surpluses, with no reported officer compensation.
EIN: 202378383 · Denver, CO · NTEE: T22 · Updated: 2026-03-28
Is Mcpherson Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mcpherson Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mcpherson Family Foundation
Mcpherson Family Foundation (EIN: 202378383) is a nonprofit organization based in Denver, CO, classified under NTEE code T22. The organization reported total revenue of $17.9M and total assets of $33.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mcpherson Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mcpherson Family Foundation is a large nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 43.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.5M |
| Total Expenses | $2.6M |
| Surplus / Deficit | +$4.9M |
| Total Assets | $19.7M |
| Total Liabilities | $644K |
| Net Assets | $19.1M |
| Operating Margin | 65.4% |
| Debt-to-Asset Ratio | 3.3% |
| Months of Reserves | 91.9 months |
Financial Health Grade: A
In 2023, Mcpherson Family Foundation reported a surplus of $4.9M with revenue exceeding expenses, holds 91.9 months of operating reserves (strong position), has a debt-to-asset ratio of 3.3% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Mcpherson Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 43.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -50.7% | +1021.0% | +32.2% |
| 2022 | +18795.9% | +204.5% | +31836.3% |
| 2021 | -96.2% | +9.4% | +10.5% |
| 2020 | +2319.1% | +20.0% | -17.6% |
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 Mcpherson Family 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, Mcpherson Family 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 $4.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the foundation. This suggests a highly efficient use of funds regarding leadership salaries, especially given the foundation's substantial assets and revenue.
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 Mcpherson Family Foundation's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data, limiting granular efficiency analysis
- Significant fluctuations in annual revenue and expenses, which could indicate reliance on volatile funding sources or investment returns
Strengths
The following positive indicators were identified for Mcpherson Family Foundation:
- Strong asset growth, from $35,302 in 201112 to $19,749,315 in 202312
- Consistent revenue surpluses in recent years (e.g., $7.4M revenue vs. $2.5M expenses in 202312)
- 0% reported officer compensation across all filings, indicating high efficiency in leadership costs
- Consistent IRS 990 filing history, demonstrating regulatory compliance and transparency
- Low liabilities relative to assets in recent years (e.g., $644,035 liabilities vs. $19.7M assets in 202312)
Frequently Asked Questions about Mcpherson Family Foundation
Is Mcpherson Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mcpherson Family Foundation (EIN: 202378383) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Mcpherson Family Foundation spend its money?
Mcpherson Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mcpherson Family Foundation tax-deductible?
Mcpherson Family Foundation is registered as a tax-exempt nonprofit (EIN: 202378383). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Mcpherson Family Foundation a good charity?
Based on the available data, the Mcpherson Family Foundation appears to be a financially healthy and well-managed private foundation. It consistently generates significant revenue surpluses, has substantial and growing assets, and reports no officer compensation, which are all positive indicators. However, as a private foundation, its primary function is grant-making, and its 'goodness' would also depend on the impact and effectiveness of its grants, which is not detailed in this financial data.
What is the trend in the foundation's assets?
The foundation's assets have shown remarkable growth over the years. Starting from $35,302 in 201112, they reached $19,749,315 in 202312, with a peak of $46,760,000 in 202112. This indicates strong financial management and investment performance.
How has the foundation's revenue changed over time?
Revenue has been highly variable but generally increasing, with significant spikes. For instance, revenue was $100,000 in 201112, jumped to $2,078,000 in 202012, and reached $15,116,750 in 202212, before settling at $7,452,042 in 202312. This variability is common for foundations receiving large, infrequent contributions or investment gains.
What is the foundation's approach to executive compensation?
The foundation consistently reports 0% for officer compensation across all available filings. This indicates a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive sign for financial efficiency.
Filing History
IRS 990 filing history for Mcpherson Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mcpherson Family Foundation's revenue has grown by 7352%, moving from $100K to $7.5M. Total assets increased by 55843.9% over the same period, from $35K to $19.7M. Total functional expenses rose by 894.4%, from $259K to $2.6M. In its most recent filing year (2023), Mcpherson Family Foundation reported a surplus of $4.9M, with revenue exceeding expenses. The organization holds $644K in liabilities against $19.7M in assets (debt-to-asset ratio: 3.3%), resulting in net assets of $19.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.5M | $2.6M | $19.7M | $644K | — | — |
| 2022 | $15.1M | $230K | $14.9M | $701K | — | View 990 |
| 2021 | $80K | $76K | $47K | $701K | — | View 990 |
| 2020 | $2.1M | $69K | $42K | $701K | — | View 990 |
| 2019 | $86K | $58K | $51K | $2.7M | — | View 990 |
| 2015 | $0 | $1.1M | $9K | $2.7M | — | View 990 |
| 2014 | $0 | $708K | $5K | $1.5M | — | View 990 |
| 2013 | $284K | $412K | $-49,833 | $771K | — | View 990 |
| 2012 | $110K | $409K | $201 | $694K | — | View 990 |
| 2011 | $100K | $259K | $35K | $430K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.5M, expenses of $2.6M, and assets of $19.7M (revenue -50.7% year-over-year).
- 2022: Revenue of $15.1M, expenses of $230K, and assets of $14.9M (revenue +18795.9% year-over-year).
- 2021: Revenue of $80K, expenses of $76K, and assets of $47K (revenue -96.2% year-over-year).
- 2020: Revenue of $2.1M, expenses of $69K, and assets of $42K (revenue +2319.1% year-over-year).
- 2019: Revenue of $86K, expenses of $58K, and assets of $51K.
- 2015: Revenue of $0, expenses of $1.1M, and assets of $9K.
- 2014: Revenue of $0, expenses of $708K, and assets of $5K (revenue -100.0% year-over-year).
- 2013: Revenue of $284K, expenses of $412K, and assets of $-49,833 (revenue +158.2% year-over-year).
- 2012: Revenue of $110K, expenses of $409K, and assets of $201 (revenue +10.0% year-over-year).
- 2011: Revenue of $100K, expenses of $259K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mcpherson Family Foundation:
Data Sources and Methodology
This transparency report for Mcpherson 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.