David M Mckay Memorial Tr
501(c)(3) Donations tax-deductible
Only null% goes to programs Thin reserves Declining revenue
David M Mckay Memorial Tr is a 501(c)(3) organization based in Raleigh, North Carolina, registered in 2005, with $6,100 in FY2025 revenue. CharityIndex grades it C.
10545 Clubmont Ln, Raleigh, NC, 27617 EIN 42-1652112 Since 2005
Revenue (FY2025)
$6,100
▲ 103.3% vs prior year
Expenses (FY2025)
$6,480
Net assets
$49
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 David M Mckay Memorial Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · -6% 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 David M Mckay Memorial Tr: 0 mo reserves · -6% margin earns a C 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 David M Mckay Memorial Tr— 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 David M Mckay Memorial Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 10545 Clubmont Ln, Raleigh, NC, 27617
- City
- Raleigh
- State
- North Carolina
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $4,359 (FY2019) to $6,100 (FY2025) across 7 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $0Net assets $49
Operating margin
-6.2%
Spent more than it raised in the latest fiscal year.
Total assets
$49
Total liabilities
$0
Net assets
$49
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $6,100▲103% | $6,480▲3.0% | $49▼88.6% | $49▼88.6% | 990PF |
| 2024 | $3,000▼50.0% | $6,294▲3.3% | $429▼88.5% | $429▼88.5% | 990PF |
| 2023 | $6,000▼45.5% | $6,091▼44.3% | $3,723▼2.4% | $3,723▼2.4% | 990PF |
| 2022 | $11,000▲220% | $10,945 | $3,814▲1.5% | $3,814▲1.5% | 990PF |
| 2021 | $3,440▼33.1% | $0▼100% | $3,759▲1078% | $3,759▲1078% | 990PF |
| 2020 | $5,140▲17.9% | $5,140▲26.6% | $319 | $319 | 990PF |
| 2019 | $4,359 | $4,059 | $319 | $319 | 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.
Frequently asked questions
- Is David M Mckay Memorial Tr a legitimate nonprofit?
- Yes. David M Mckay Memorial Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 42-1652112, based in Raleigh, North Carolina. Donations are tax-deductible.
- What is David M Mckay Memorial Tr's EIN?
- David M Mckay Memorial Tr's Employer Identification Number (EIN) is 42-1652112.
- How much revenue does David M Mckay Memorial Tr report?
- David M Mckay Memorial Tr reported $6,100 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does David M Mckay Memorial Tr have?
- CharityIndex grades David M Mckay Memorial Tr C, based on financial health (reserves and operating margin).
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Data for David M Mckay Memorial Tr (EIN 42-1652112) 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.