Vince & Linda Mcmahon Familyfoundation Inc
Vince & Linda McMahon Family Foundation's assets have declined significantly over the past decade, with recent expenses slightly exceeding revenues.
EIN: 204717289 · Stamford, CT · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $350K |
| Total Expenses | $354K |
| Program Spending | 80% |
| Net Assets | $52K |
| Transparency Score | 70/100 |
Is Vince & Linda Mcmahon Familyfoundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vince & Linda Mcmahon Familyfoundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vince & Linda Mcmahon Familyfoundation Inc
Vince & Linda Mcmahon Familyfoundation Inc (EIN: 204717289) is a nonprofit organization based in Stamford, CT, classified under NTEE code T22. The organization reported total revenue of $350K and total assets of $49K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vince & Linda Mcmahon Familyfoundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vince & Linda Mcmahon Familyfoundation Inc is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -13.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $350K |
| Total Expenses | $354K |
| Surplus / Deficit | $-3,486 |
| Total Assets | $52K |
| Total Liabilities | $1 |
| Net Assets | $52K |
| Operating Margin | -1.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1.8 months |
Financial Health Grade: C
In 2023, Vince & Linda Mcmahon Familyfoundation Inc reported a deficit of $3K with expenses exceeding revenue, holds 1.8 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Vince & Linda Mcmahon Familyfoundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -13.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.1% | +0.1% | -6.3% |
| 2022 | -22.5% | -42.3% | -5.1% |
| 2021 | +49.6% | +142.0% | -73.4% |
| 2020 | -25.0% | -14.6% | +28.9% |
| 2019 | -66.0% | -80.6% | -86.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Vince & Linda Mcmahon Familyfoundation Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Vince & Linda Mcmahon Familyfoundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officer salaries are drawn from the organization's funds, which is a strong positive for resource allocation.
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 Vince & Linda Mcmahon Familyfoundation Inc's IRS 990 filings:
- Consistent expenses exceeding revenue in recent years (e.g., 2023, 2022, 2021)
- Significant decline in total assets over the past decade (from $4M+ in 2013 to under $50K currently)
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data
Strengths
The following positive indicators were identified for Vince & Linda Mcmahon Familyfoundation Inc:
- No officer compensation reported across all filings, indicating efficient use of funds for leadership costs.
- Consistently low liabilities ($1 in recent years), suggesting good debt management.
- Long filing history (10 filings), indicating consistent reporting.
Frequently Asked Questions about Vince & Linda Mcmahon Familyfoundation Inc
Is Vince & Linda Mcmahon Familyfoundation Inc a legitimate charity?
Vince & Linda Mcmahon Familyfoundation Inc (EIN: 204717289) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $350K. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Vince & Linda Mcmahon Familyfoundation Inc spend its money?
Vince & Linda Mcmahon Familyfoundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Vince & Linda Mcmahon Familyfoundation Inc tax-deductible?
Vince & Linda Mcmahon Familyfoundation Inc is registered as a tax-exempt nonprofit (EIN: 204717289). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Vince & Linda Mcmahon Familyfoundation Inc's spending goes to programs?
Vince & Linda Mcmahon Familyfoundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Vince & Linda Mcmahon Familyfoundation Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Vince & Linda Mcmahon Familyfoundation Inc 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 Vince & Linda Mcmahon Familyfoundation Inc located?
Vince & Linda Mcmahon Familyfoundation Inc is headquartered in Stamford, Connecticut and files with the IRS under EIN 204717289. It is classified under NTEE code T22.
How many years of IRS 990 filings does Vince & Linda Mcmahon Familyfoundation Inc have?
Vince & Linda Mcmahon Familyfoundation Inc 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 $350K in total revenue.
Is Vince & Linda McMahon Family Foundation Inc. a good charity?
The foundation exhibits strengths in its lack of executive compensation and minimal liabilities. However, the consistent trend of expenses exceeding revenue in recent years and the substantial decline in assets from over $4 million in 2013 to under $50,000 currently raise concerns about long-term financial sustainability. A detailed breakdown of program spending versus administrative costs would provide a clearer picture of its efficiency.
Why have the assets decreased so much?
The assets have decreased from a peak of $4,032,846 in 2013 to $48,994 currently due to a sustained period where expenses have frequently outpaced revenue. For example, in 2014, expenses were $2,793,819 against revenues of $405,448, and in 2015, expenses were $1,529,124 against revenues of $1,184,467. This pattern of deficit spending has eroded the asset base over time.
What is the organization's spending efficiency?
Without a detailed functional expense breakdown (program, admin, fundraising) in the provided data, a precise efficiency assessment is difficult. However, the consistent reporting of 0% officer compensation suggests that a significant portion of funds is not being diverted to executive salaries, which is a positive indicator for efficiency in that area. The general trend of expenses exceeding revenue in recent years suggests that the organization is spending down its reserves.
Filing History
IRS 990 filing history for Vince & Linda Mcmahon Familyfoundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Vince & Linda Mcmahon Familyfoundation Inc's revenue has declined by 82.9%, moving from $2.0M to $350K. Total assets decreased by 94.7% over the same period, from $981K to $52K. Total functional expenses fell by 85.2%, from $2.4M to $354K. In its most recent filing year (2023), Vince & Linda Mcmahon Familyfoundation Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1 in liabilities against $52K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $52K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $350K | $354K | $52K | $1 | — | View 990 |
| 2022 | $351K | $353K | $55K | $1 | — | View 990 |
| 2021 | $452K | $613K | $58K | $1 | — | View 990 |
| 2020 | $302K | $253K | $219K | $1 | — | — |
| 2019 | $403K | $296K | $170K | $1 | — | — |
| 2015 | $1.2M | $1.5M | $1.3M | $0 | — | View 990 |
| 2014 | $405K | $2.8M | $1.6M | $0 | — | View 990 |
| 2013 | $4.7M | $2.0M | $4.0M | $0 | — | View 990 |
| 2012 | $2.0M | $1.7M | $1.3M | $0 | — | — |
| 2011 | $2.0M | $2.4M | $981K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $350K, expenses of $354K, and assets of $52K (revenue -0.1% year-over-year).
- 2022: Revenue of $351K, expenses of $353K, and assets of $55K (revenue -22.5% year-over-year).
- 2021: Revenue of $452K, expenses of $613K, and assets of $58K (revenue +49.6% year-over-year).
- 2020: Revenue of $302K, expenses of $253K, and assets of $219K (revenue -25.0% year-over-year).
- 2019: Revenue of $403K, expenses of $296K, and assets of $170K (revenue -66.0% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.5M, and assets of $1.3M (revenue +192.1% year-over-year).
- 2014: Revenue of $405K, expenses of $2.8M, and assets of $1.6M (revenue -91.4% year-over-year).
- 2013: Revenue of $4.7M, expenses of $2.0M, and assets of $4.0M (revenue +131.7% year-over-year).
- 2012: Revenue of $2.0M, expenses of $1.7M, and assets of $1.3M (revenue -0.5% year-over-year).
- 2011: Revenue of $2.0M, expenses of $2.4M, and assets of $981K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vince & Linda Mcmahon Familyfoundation Inc:
Data Sources and Methodology
This transparency report for Vince & Linda Mcmahon Familyfoundation 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.