Albert L Mckay Charitable Trust For Underprivileged Children is a 501(c)(3) organization based in Beaumont, Texas, with $12,533 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$13K
▲ 21.5% vs prior year
Expenses (FY2024)
$78K
Net assets
$156K
Employees
—
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 Albert L Mckay Charitable Trust For Underprivileged Children— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Albert L Mckay Charitable Trust For Underprivileged Children: 24 mo reserves · -525% margin earns a F on this criterion. See the exact thresholds →
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 Albert L Mckay Charitable Trust For Underprivileged Children— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Albert L Mckay Charitable Trust For Underprivileged Children: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $9,013 (FY2013) to $13K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-525.5%
Spent more than it raised in the latest fiscal year.
Total assets
$156K
Total liabilities
$0
Net assets
$156K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $12,533▲21.5% | $78,391▲253% | $155,882▼29.7% | $155,882▼29.7% | 990PF |
| 2023 | $10,314▲222% | $22,219 | $221,882▼8.7% | $221,882▼8.7% | 990PF |
| 2022 | $3,200 | $0 | $242,979▲1.3% | $242,979▲1.3% | 990PF |
| 2021 | $0▼100% | $0 | $239,779 | $239,779 | 990PF |
| 2020 | $651▼84.8% | $0 | $239,779▲0.3% | $239,779▲0.3% | 990PF |
| 2019 | $4,287▼46.2% | $0 | $239,128▲1.8% | $239,128▲1.8% | 990PF |
| 2018 | $7,974▲390% | $0 | $234,841▲3.5% | $234,841▲3.5% | 990PF |
| 2017 | $1,628▲147% | $0▼100% | $226,867▲0.7% | $226,867▲0.7% | 990PF |
| 2016 | $658▼81.2% | $2,113▼99.5% | $225,239▼0.6% | $225,239▼0.6% | 990PF |
| 2015 | $3,496▼69.7% | $425,512▲3377% | $226,694▼65.1% | $226,694▼65.1% | 990PF |
| 2014 | $11,538▲28.0% | $12,238▼67.1% | $648,710▼0.1% | $648,710▼0.1% | 990PF |
| 2013 | $9,013 | $37,191▲4.7% | $649,500▼4.2% | $649,500▼4.2% | 990PF |
| 2012 | — | $35,513▲7222% | $678,102▲0.7% | $678,102▲0.7% | 990PF |
| 2011 | — | $485▼98.4% | $673,151▲1.5% | $673,151▲1.5% | 990PF |
| 2010 | — | $30,069 | $663,470 | $663,470 | 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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Data for Albert L Mckay Charitable Trust For Underprivileged Children (EIN 76-6047458) 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.