Frank Mchugh-odonovan Foundation Inc
Only null% goes to programs Strong reserves Declining revenue
Frank Mchugh-odonovan Foundation Inc is a 501(c)(3) organization based in Wilmington, Delaware, registered in 2004, with $5,121,703 in FY2024 revenue. CharityIndex grades it C+.
Foundation Source 501 Silverside Rd, Wilmington, DE, 19809 EIN 20-0842449 Since 2004
Revenue (FY2024)
$5.1M
▼ 5.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$3.9M
Net assets
$59.7M
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 Frank Mchugh-odonovan Foundation Inc— 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 rating186 mo reserves · +25% 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 Frank Mchugh-odonovan Foundation Inc: 186 mo reserves · +25% 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 Frank Mchugh-odonovan Foundation Inc— 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 Frank Mchugh-odonovan Foundation Inc: 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 declined from $6.2M (FY2013) to $5.1M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $76KNet assets $59.7M
Operating margin
24.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$59.8M
Total liabilities
$76K
Net assets
$59.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $5,121,703▼5.2% | $3,858,804▼61.6% | $59,749,049▲2.2% | $59,825,402▲2.2% | 990PF |
| 2023 | $5,399,944▲59.6% | $10,058,989▲50.6% | $58,486,150▼7.4% | $58,554,535▼7.4% | 990PF |
| 2022 | $3,382,493▼46.4% | $6,681,171▲6.1% | $63,145,195▼5.0% | $63,208,805▼4.9% | 990PF |
| 2021 | $6,305,373▲251% | $6,297,735▲3.0% | $66,443,873 | $66,485,579 | 990PF |
| 2020 | $1,796,224▼30.5% | $6,111,754▲29.0% | $66,436,235▼6.1% | $66,487,466▼6.1% | 990PF |
| 2019 | $2,586,339▼6.6% | $4,736,786▲98.9% | $70,751,765▲20.8% | $70,812,296▲20.9% | 990PF |
| 2017 | $2,770,191▲1.6% | $2,381,653▼19.5% | $58,565,873▲0.7% | $58,575,873▲0.7% | 990PF |
| 2016 | $2,727,050▼46.6% | $2,957,303▲9.8% | $58,177,335▼0.4% | $58,177,335▼0.4% | 990PF |
| 2015 | $5,107,314▲74.1% | $2,693,455▼10.2% | $58,407,588▲4.3% | $58,407,598▲4.3% | 990PF |
| 2014 | $2,933,468▼52.8% | $2,999,412▲0.9% | $55,993,729▼0.1% | $55,993,739▼0.1% | 990PF |
| 2013 | $6,215,910 | $2,973,040▲33.0% | $56,059,673▲6.1% | $56,059,683▲6.1% | 990PF |
| 2012 | — | $2,235,302 | $52,816,803 | $52,816,925 | 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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Compare Frank Mchugh-odonovan Foundation Inc
Frequently asked questions
- Is Frank Mchugh-odonovan Foundation Inc a legitimate nonprofit?
- Yes. Frank Mchugh-odonovan Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-0842449, based in Wilmington, Delaware. Donations are tax-deductible.
- What is Frank Mchugh-odonovan Foundation Inc's EIN?
- Frank Mchugh-odonovan Foundation Inc's Employer Identification Number (EIN) is 20-0842449.
- How much revenue does Frank Mchugh-odonovan Foundation Inc report?
- Frank Mchugh-odonovan Foundation Inc reported $5,121,703 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Frank Mchugh-odonovan Foundation Inc have?
- CharityIndex grades Frank Mchugh-odonovan Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Frank Mchugh-odonovan Foundation Inc (EIN 20-0842449) 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.