Mcshin Foundation
Mcshin Foundation shows consistent growth and strong program spending with no reported officer compensation.
EIN: 201327278 · Henrico, VA · NTEE: F20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.7M |
| Total Expenses | $3.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $1.6M |
| Transparency Score | 95/100 |
Is Mcshin Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mcshin Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mcshin Foundation
Mcshin Foundation (EIN: 201327278) is a nonprofit organization based in Henrico, VA, classified under NTEE code F20. The organization reported total revenue of $6.7M and total assets of $4.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mcshin Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mcshin Foundation is a mid-size nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 17.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $3.2M |
| Surplus / Deficit | +$147K |
| Total Assets | $2.3M |
| Total Liabilities | $725K |
| Net Assets | $1.6M |
| Operating Margin | 4.4% |
| Debt-to-Asset Ratio | 31.1% |
| Months of Reserves | 8.7 months |
Financial Health Grade: A
In 2023, Mcshin Foundation reported a surplus of $147K with revenue exceeding expenses, holds 8.7 months of operating reserves (strong position), has a debt-to-asset ratio of 31.1% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Mcshin Foundation's revenue has grown at a compound annual growth rate (CAGR) of 17.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.8% | +22.9% | +5.5% |
| 2022 | +15.9% | +17.3% | +12.8% |
| 2021 | -11.3% | -2.6% | +0.8% |
| 2020 | +9.3% | +8.8% | +26.0% |
| 2019 | +43.4% | +19.2% | +21.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Mcshin 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Mcshin Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $147K, with revenue exceeding expenses.
- Debt-to-asset ratio: 31.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of its size, with revenues exceeding $3 million, and suggests either a volunteer leadership model or compensation being covered by an external entity.
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 Mcshin Foundation's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this size, which might warrant further inquiry into how leadership is compensated or supported.
Strengths
The following positive indicators were identified for Mcshin Foundation:
- Strong program spending ratio, with a high percentage of expenses directed towards mission-related activities.
- Consistent and significant revenue growth over the past decade, indicating increasing support and impact.
- Healthy accumulation of assets, providing financial stability and capacity for future operations.
- Low liabilities relative to assets, suggesting sound financial management.
- Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds to programs.
Frequently Asked Questions about Mcshin Foundation
Is Mcshin Foundation a legitimate charity?
Mcshin Foundation (EIN: 201327278) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 95/100. It has 12 years of IRS 990 filings on record. Total revenue: $6.7M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Mcshin Foundation spend its money?
Mcshin Foundation directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Mcshin Foundation tax-deductible?
Mcshin Foundation is registered as a tax-exempt nonprofit (EIN: 201327278). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mcshin Foundation CEO make?
Mcshin Foundation's highest-compensated officer earns $3 annually. The organization reported $6.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mcshin Foundation's spending goes to programs?
Mcshin Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mcshin Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Mcshin Foundation is above average for NTEE category F20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mcshin Foundation located?
Mcshin Foundation is headquartered in Henrico, Virginia and files with the IRS under EIN 201327278. It is classified under NTEE code F20.
How many years of IRS 990 filings does Mcshin Foundation have?
Mcshin Foundation has 12 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 $6.7M in total revenue.
Is Mcshin Foundation a good charity?
Based on its financial filings, Mcshin Foundation appears to be a very good charity. It demonstrates strong financial health, consistent growth, and a high percentage of spending dedicated to its programs, with no reported officer compensation.
How has Mcshin Foundation's revenue grown over time?
Mcshin Foundation has experienced significant revenue growth, increasing from $806,164 in 2014 to $3,374,360 in 2023, representing over a 300% increase in less than a decade.
What is the trend in Mcshin Foundation's assets?
The organization's assets have grown substantially and consistently, from $142,412 in 2014 to $2,329,255 in 2023, indicating strong financial accumulation and stability.
Filing History
IRS 990 filing history for Mcshin Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Mcshin Foundation's revenue has grown by 501.6%, moving from $561K to $3.4M. Total assets increased by 6398.3% over the same period, from $36K to $2.3M. Total functional expenses rose by 497.9%, from $540K to $3.2M. In its most recent filing year (2023), Mcshin Foundation reported a surplus of $147K, with revenue exceeding expenses. The organization holds $725K in liabilities against $2.3M in assets (debt-to-asset ratio: 31.1%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $3.2M | $2.3M | $725K | — | View 990 |
| 2022 | $2.7M | $2.6M | $2.2M | $775K | — | View 990 |
| 2021 | $2.3M | $2.2M | $2.0M | $517K | — | View 990 |
| 2020 | $2.6M | $2.3M | $1.9M | $595K | — | View 990 |
| 2019 | $2.4M | $2.1M | $1.5M | $504K | — | View 990 |
| 2018 | $1.7M | $1.8M | $1.3M | $567K | — | — |
| 2017 | $1.9M | $1.5M | $1.4M | $598K | — | View 990 |
| 2016 | $1.5M | $1.3M | $640K | $315K | — | View 990 |
| 2015 | $892K | $893K | $143K | $20K | — | View 990 |
| 2014 | $806K | $752K | $142K | $18K | — | View 990 |
| 2013 | $654K | $647K | $76K | $6K | — | View 990 |
| 2012 | $561K | $540K | $36K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $3.2M, and assets of $2.3M (revenue +25.8% year-over-year).
- 2022: Revenue of $2.7M, expenses of $2.6M, and assets of $2.2M (revenue +15.9% year-over-year).
- 2021: Revenue of $2.3M, expenses of $2.2M, and assets of $2.0M (revenue -11.3% year-over-year).
- 2020: Revenue of $2.6M, expenses of $2.3M, and assets of $1.9M (revenue +9.3% year-over-year).
- 2019: Revenue of $2.4M, expenses of $2.1M, and assets of $1.5M (revenue +43.4% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.8M, and assets of $1.3M (revenue -14.2% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.5M, and assets of $1.4M (revenue +30.8% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.3M, and assets of $640K (revenue +66.4% year-over-year).
- 2015: Revenue of $892K, expenses of $893K, and assets of $143K (revenue +10.6% year-over-year).
- 2014: Revenue of $806K, expenses of $752K, and assets of $142K (revenue +23.3% year-over-year).
- 2013: Revenue of $654K, expenses of $647K, and assets of $76K (revenue +16.6% year-over-year).
- 2012: Revenue of $561K, expenses of $540K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mcshin Foundation:
Data Sources and Methodology
This transparency report for Mcshin 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.