Albert N & Hattie M Mcclure Fund
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Albert N & Hattie M Mcclure Fund is a 501(c)(3) organization based in New Orleans, Louisiana, registered in 1964, with $174,483 in FY2024 revenue. CharityIndex grades it C+.
701 Poydras Street Ste 3100, New Orleans, LA, 70139 EIN 72-6019978 Since 1964
Revenue (FY2024)
$174K
▲ 362.6% vs prior year
Expenses (FY2024)
$127K
Net assets
$1.7M
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 Albert N & Hattie M Mcclure Fund— 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 rating159 mo reserves · +27% 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 Albert N & Hattie M Mcclure Fund: 159 mo reserves · +27% 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 Albert N & Hattie M Mcclure Fund— 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 Albert N & Hattie M Mcclure Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 701 Poydras Street Ste 3100, New Orleans, LA, 70139
- City
- New Orleans
- State
- Louisiana
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $72K (FY2019) to $174K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.7M
Operating margin
27.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$0
Net assets
$1.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $174,483▲363% | $126,518▲5.8% | $1,680,652▲2.9% | $1,680,652▲2.9% | 990 |
| 2023 | $37,719▼66.7% | $119,632▲2.3% | $1,632,495▼4.9% | $1,632,495▼4.9% | 990 |
| 2022 | $113,182▼60.0% | $116,920▲3.2% | $1,717,461▼0.3% | $1,717,461▼0.3% | 990 |
| 2021 | $282,841▲124% | $113,290▲0.5% | $1,722,243▲10.9% | $1,722,243▲10.9% | 990 |
| 2020 | $126,333▲74.5% | $112,756▼0.4% | $1,553,416▲1.1% | $1,553,416▲1.1% | 990 |
| 2019 | $72,411 | $113,213 | $1,537,084 | $1,537,084 | 990 |
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.
Frequently asked questions
- Is Albert N & Hattie M Mcclure Fund a legitimate nonprofit?
- Yes. Albert N & Hattie M Mcclure Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 72-6019978, based in New Orleans, Louisiana. Donations are tax-deductible.
- What is Albert N & Hattie M Mcclure Fund's EIN?
- Albert N & Hattie M Mcclure Fund's Employer Identification Number (EIN) is 72-6019978.
- How much revenue does Albert N & Hattie M Mcclure Fund report?
- Albert N & Hattie M Mcclure Fund reported $174,483 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Albert N & Hattie M Mcclure Fund have?
- CharityIndex grades Albert N & Hattie M Mcclure Fund C+, based on financial health (reserves and operating margin).
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Data for Albert N & Hattie M Mcclure Fund (EIN 72-6019978) 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.