Edward F Mcginley III Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Edward F Mcginley III Foundation is a 501(c)(3) organization based in Hershey, Pennsylvania, registered in 1976, with $10,078 in FY2024 revenue. CharityIndex grades it F.
Co Bryn Mawr Tr 1 E Chocolate Ave, Hershey, PA, 17033 EIN 23-1984830 Since 1976
Revenue (FY2024)
$10K
▼ 90.6% vs prior year
Expenses (FY2024)
$23K
Net assets
$256K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Edward F Mcginley III Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating132 mo reserves · -131% 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 Edward F Mcginley III Foundation: 132 mo reserves · -131% margin earns a F 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 Edward F Mcginley III 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 Edward F Mcginley III Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Co Bryn Mawr Tr 1 E Chocolate Ave, Hershey, PA, 17033
- City
- Hershey
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $3,341 (FY2013) to $10K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $256K
Operating margin
-131.2%
Spent more than it raised in the latest fiscal year.
Total assets
$256K
Total liabilities
$0
Net assets
$256K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $10,078▼90.6% | $23,298▲27.6% | $256,184▼4.9% | $256,184▼4.9% | 990PF |
| 2023 | $107,459▲490% | $18,260▼3.5% | $269,404▲49.5% | $269,404▲49.5% | 990PF |
| 2022 | $18,215▼36.8% | $18,927▼2.0% | $180,205▼0.4% | $180,205▼0.4% | 990PF |
| 2021 | $28,841▲220% | $19,316▼1.3% | $180,917▲5.6% | $180,917▲5.6% | 990PF |
| 2020 | $9,008▼43.3% | $19,562▼26.6% | $171,392▼5.8% | $171,392▼5.8% | 990PF |
| 2019 | $15,884▼53.9% | $26,658▲38.3% | $181,946▼5.6% | $181,946▼5.6% | 990PF |
| 2018 | $34,450▲431% | $19,269▲53.3% | $192,720▲8.6% | $192,720▲8.6% | 990PF |
| 2017 | $6,482▼58.7% | $12,567▼36.5% | $177,539▼3.3% | $177,539▼3.3% | 990PF |
| 2016 | $15,702▼32.7% | $19,793▼10.9% | $183,624▼2.2% | $183,624▼2.2% | 990PF |
| 2015 | $23,337▲550% | $22,219▲46.3% | $187,712▲0.6% | $187,712▲0.6% | 990PF |
| 2014 | $3,593▲7.5% | $15,186▼23.0% | $186,594▼5.8% | $186,594▼5.8% | 990PF |
| 2013 | $3,341 | $19,715▲58.7% | $198,187▼7.6% | $198,187▼7.6% | 990PF |
| 2012 | — | $12,420 | $214,561 | $214,561 | 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 Edward F Mcginley III Foundation a legitimate nonprofit?
- Yes. Edward F Mcginley III Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-1984830, based in Hershey, Pennsylvania. Donations are tax-deductible.
- What is Edward F Mcginley III Foundation's EIN?
- Edward F Mcginley III Foundation's Employer Identification Number (EIN) is 23-1984830.
- How much revenue does Edward F Mcginley III Foundation report?
- Edward F Mcginley III Foundation reported $10,078 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Edward F Mcginley III Foundation have?
- CharityIndex grades Edward F Mcginley III Foundation F, based on financial health (reserves and operating margin).
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Data for Edward F Mcginley III Foundation (EIN 23-1984830) 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.