The Mcconnell Group Inc Welfare Trust Plan
EIN: 260733725 · Landover, MD
| Metric | Value |
|---|---|
| Total Expenses | $55K |
| Net Assets | $-53,849 |
Is The Mcconnell Group Inc Welfare Trust Plan Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Mcconnell Group Inc Welfare Trust Plan
The Mcconnell Group Inc Welfare Trust Plan (EIN: 260733725) is a nonprofit organization based in Landover, MD. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Mcconnell Group Inc Welfare Trust Plan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Mcconnell Group Inc Welfare Trust Plan is a micro nonprofit, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of -19.7%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $46K |
| Total Expenses | $55K |
| Surplus / Deficit | $-9,076 |
| Total Assets | $29K |
| Total Liabilities | $83K |
| Net Assets | $-53,849 |
| Operating Margin | -19.6% |
| Debt-to-Asset Ratio | 287.8% |
| Months of Reserves | 6.2 months |
Financial Health Grade: C
In 2017, The Mcconnell Group Inc Welfare Trust Plan reported a deficit of $9K with expenses exceeding revenue, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 287.8% (high leverage).
Financial Trends
Over 7 years of filings (2011–2017), The Mcconnell Group Inc Welfare Trust Plan's revenue has declined at a compound annual growth rate (CAGR) of -19.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -35.8% | -27.5% | -20.8% |
| 2016 | -20.6% | -17.8% | -28.2% |
| 2015 | -16.7% | -17.5% | -5.0% |
| 2014 | +16.7% | +17.2% | +4.0% |
| 2013 | +19.0% | +12.2% | -13.2% |
AI Analysis Pending
AI enrichment for The Mcconnell Group Inc Welfare Trust Plan has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Mcconnell Group Inc Welfare Trust Plan with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 287.8%.
Frequently Asked Questions about The Mcconnell Group Inc Welfare Trust Plan
Is The Mcconnell Group Inc Welfare Trust Plan a legitimate charity?
Based on AI analysis of IRS 990 filings, The Mcconnell Group Inc Welfare Trust Plan (EIN: 260733725) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Mcconnell Group Inc Welfare Trust Plan spend its money?
Detailed spending breakdown data is not yet available for The Mcconnell Group Inc Welfare Trust Plan. Check back for updated IRS 990 analysis.
Are donations to The Mcconnell Group Inc Welfare Trust Plan tax-deductible?
The Mcconnell Group Inc Welfare Trust Plan is registered as a tax-exempt nonprofit (EIN: 260733725). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Mcconnell Group Inc Welfare Trust Plan located?
The Mcconnell Group Inc Welfare Trust Plan is headquartered in Landover, Maryland and files with the IRS under EIN 260733725.
How many years of IRS 990 filings does The Mcconnell Group Inc Welfare Trust Plan have?
The Mcconnell Group Inc Welfare Trust Plan has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for The Mcconnell Group Inc Welfare Trust Plan showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), The Mcconnell Group Inc Welfare Trust Plan's revenue has declined by 73.3%, moving from $173K to $46K. Total assets increased by 9.9% over the same period, from $26K to $29K. Total functional expenses fell by 57.5%, from $130K to $55K. In its most recent filing year (2017), The Mcconnell Group Inc Welfare Trust Plan reported a deficit of $9K, with expenses exceeding revenue. The organization holds $83K in liabilities against $29K in assets (debt-to-asset ratio: 287.8%), resulting in net assets of $-53,849.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $46K | $55K | $29K | $83K | — | — |
| 2016 | $72K | $76K | $36K | $81K | — | View 990 |
| 2015 | $91K | $93K | $50K | $91K | — | View 990 |
| 2014 | $109K | $113K | $53K | $92K | — | View 990 |
| 2013 | $93K | $96K | $51K | $86K | — | View 990 |
| 2012 | $79K | $86K | $59K | $91K | — | View 990 |
| 2011 | $173K | $130K | $26K | $51K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $46K, expenses of $55K, and assets of $29K (revenue -35.8% year-over-year).
- 2016: Revenue of $72K, expenses of $76K, and assets of $36K (revenue -20.6% year-over-year).
- 2015: Revenue of $91K, expenses of $93K, and assets of $50K (revenue -16.7% year-over-year).
- 2014: Revenue of $109K, expenses of $113K, and assets of $53K (revenue +16.7% year-over-year).
- 2013: Revenue of $93K, expenses of $96K, and assets of $51K (revenue +19.0% year-over-year).
- 2012: Revenue of $79K, expenses of $86K, and assets of $59K (revenue -54.7% year-over-year).
- 2011: Revenue of $173K, expenses of $130K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Mcconnell Group Inc Welfare Trust Plan:
Data Sources and Methodology
This transparency report for The Mcconnell Group Inc Welfare Trust Plan 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.