Mcquade Family Foundation

Mcquade Family Foundation consistently operates with a surplus and zero reported officer compensation.

EIN: 202057759 · Dallas, TX · NTEE: T22 · Updated: 2026-03-28

$2.0MRevenue
$2.5MAssets
95/100Mission Score (Excellent)
T22
Mcquade Family Foundation Financial Summary
MetricValue
Total Revenue$2.0M
Total Expenses$768K
Program Spending90%
Net Assets$2.5M
Transparency Score95/100

Is Mcquade Family Foundation Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Mcquade Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Mcquade Family Foundation

Mcquade Family Foundation (EIN: 202057759) is a nonprofit organization based in Dallas, TX, classified under NTEE code T22. The organization reported total revenue of $2.0M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mcquade Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

Mcquade Family Foundation is a mid-size 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 1.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.5M
Total Expenses$768K
Surplus / Deficit+$714K
Total Assets$2.5M
Total Liabilities$1
Net Assets$2.5M
Operating Margin48.2%
Debt-to-Asset Ratio0.0%
Months of Reserves39.0 months

Financial Health Grade: A

In 2023, Mcquade Family Foundation reported a surplus of $714K with revenue exceeding expenses, holds 39.0 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), Mcquade Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023+312.3%-16.4%-8.1%
2022-74.6%-4.0%-17.1%
2021+43.8%-6.4%+1.5%
2020-47.3%+12.4%+8.3%
2019+114.4%-9.3%+12.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Mcquade Family Foundation demonstrates consistent financial activity, with revenues fluctuating but generally exceeding expenses in most recent periods. For instance, in 2023, revenue was $1,482,321 against expenses of $768,339, indicating a healthy surplus. The organization maintains a solid asset base, reported at $2,512,481 in the latest filing, with minimal liabilities across all reported periods, often just $1 or $0. This suggests strong financial stability and responsible management of its balance sheet. The absence of reported officer compensation across all filings indicates a high degree of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. This practice significantly enhances its transparency and trustworthiness, as it implies that leadership is either volunteer-based or compensated through other means not reported as officer compensation on the 990, which is common for family foundations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Mcquade 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

According to IRS 990 filings, Mcquade Family Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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:

$1.5MTotal Revenue
$768KTotal Expenses
$2.5MTotal Assets
$1Total Liabilities
$2.5MNet Assets

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation directly from the foundation, which is a strong positive for financial efficiency and mission focus.

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.

Strengths

The following positive indicators were identified for Mcquade Family Foundation:

Frequently Asked Questions about Mcquade Family Foundation

Is Mcquade Family Foundation a legitimate charity?

Mcquade Family Foundation (EIN: 202057759) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.0M. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Mcquade Family Foundation spend its money?

Mcquade Family Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Mcquade Family Foundation tax-deductible?

Mcquade Family Foundation is registered as a tax-exempt nonprofit (EIN: 202057759). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Mcquade Family Foundation's spending goes to programs?

Mcquade Family Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Mcquade Family Foundation compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), Mcquade Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Mcquade Family Foundation located?

Mcquade Family Foundation is headquartered in Dallas, Texas and files with the IRS under EIN 202057759. It is classified under NTEE code T22.

How many years of IRS 990 filings does Mcquade Family Foundation have?

Mcquade Family Foundation 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 $2.0M in total revenue.

Is Mcquade Family Foundation a good charity?

Based on the provided financial data, the Mcquade Family Foundation appears to be a very good charity. It consistently operates with a surplus, maintains a strong asset base, and reports 0% officer compensation, indicating high efficiency and dedication to its mission.

How has the foundation's revenue trended over time?

The foundation's revenue has fluctuated over the years, ranging from a low of $359,513 in 2022 to a high of $1,866,900 in 2019, with the latest reported revenue at $1,482,321 in 2023. Despite fluctuations, it generally maintains a substantial income stream.

What is the foundation's asset-to-liability ratio?

The foundation consistently maintains an extremely high asset-to-liability ratio, with assets in the millions and liabilities typically reported as $1 or $0 across all filings. This indicates exceptional financial stability and minimal debt.

Filing History

IRS 990 filing history for Mcquade Family Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Mcquade Family Foundation's revenue has grown by 24.3%, moving from $1.2M to $1.5M. Total assets increased by 54.6% over the same period, from $1.6M to $2.5M. Total functional expenses rose by 31%, from $586K to $768K. In its most recent filing year (2023), Mcquade Family Foundation reported a surplus of $714K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.5M $768K $2.5M $1 View 990
2022 $360K $919K $2.7M $1 View 990
2021 $1.4M $958K $3.3M $1
2020 $985K $1.0M $3.2M $1 View 990
2019 $1.9M $911K $3.0M $1
2015 $871K $1.0M $2.6M $0 View 990
2014 $1.8M $783K $3.0M $0 View 990
2013 $1.2M $721K $2.4M $0 View 990
2012 $1.1M $425K $2.3M $0 View 990
2011 $1.2M $586K $1.6M $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Mcquade Family Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Mcquade 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.

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