A&b Mac Family Foundation
Only null% goes to programs Strong reserves Growing revenue
A&b Mac Family Foundation is a 501(c)(3) organization based in Wilmington, Delaware, registered in 2017, with $618,721 in FY2024 revenue. CharityIndex grades it C+.
Foundation Source 501 Silverside Rd, Wilmington, DE, 19809 EIN 81-4627422 Since 2017
Revenue (FY2024)
$619K
▲ 728.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$70K
Net assets
$968K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for A&b Mac Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating166 mo reserves · +89% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For A&b Mac Family Foundation: 166 mo reserves · +89% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for A&b Mac Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For A&b Mac Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Foundation Source 501 Silverside Rd, Wilmington, DE, 19809
- City
- Wilmington
- State
- Delaware
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $55K (FY2017) to $619K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $968K
Operating margin
88.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$968K
Total liabilities
$0
Net assets
$968K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $618,721▲728% | $70,162▲41.4% | $967,729▲131% | $967,729▲131% | 990PF |
| 2023 | $74,692▲29.3% | $49,627▼1.6% | $419,170▲6.4% | $419,170▲6.4% | 990PF |
| 2022 | $57,748▲66.1% | $50,420▲43.8% | $394,105▲1.9% | $394,105▲1.9% | 990PF |
| 2021 | $34,764▼45.9% | $35,067▲9.4% | $386,777▼0.1% | $386,777▼0.1% | 990PF |
| 2020 | $64,203▲9.1% | $32,046▼23.8% | $387,080▲9.1% | $387,080▲9.1% | 990PF |
| 2019 | $58,863▲781% | $42,058▲58.3% | $354,923▲5.0% | $354,923▲5.0% | 990PF |
| 2018 | $6,682▼87.9% | $26,562▼43.9% | $338,118▼5.6% | $338,118▼5.6% | 990PF |
| 2017 | $55,349 | $47,353 | $357,998 | $357,998 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is A&b Mac Family Foundation a legitimate nonprofit?
- Yes. A&b Mac Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-4627422, based in Wilmington, Delaware. Donations are tax-deductible.
- What is A&b Mac Family Foundation's EIN?
- A&b Mac Family Foundation's Employer Identification Number (EIN) is 81-4627422.
- How much revenue does A&b Mac Family Foundation report?
- A&b Mac Family Foundation reported $618,721 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does A&b Mac Family Foundation have?
- CharityIndex grades A&b Mac Family Foundation C+, based on financial health (reserves and operating margin).
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Data for A&b Mac Family Foundation (EIN 81-4627422) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.