M G & Lillie A Johnson Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
M G & Lillie A Johnson Foundation Inc is a 501(c)(3) organization based in Victoria, Texas, registered in 1966, with $15,753,568 in FY2024 revenue. CharityIndex grades it B.
Po Box 2269, Victoria, TX, 77902 EIN 74-6076961 Since 1966
Revenue (FY2024)
$15.8M
▲ 12.0% vs prior year
Expenses (FY2024)
$13.7M
Net assets
$124.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 M G & Lillie A Johnson 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 rating109 mo reserves · +13% 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 M G & Lillie A Johnson Foundation Inc: 109 mo reserves · +13% 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 M G & Lillie A Johnson 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 →
CTransparency10% of the rating2 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 M G & Lillie A Johnson Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $15.0M (FY2020) to $15.8M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $20KNet assets $124.3M
Operating margin
13.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$124.3M
Total liabilities
$20K
Net assets
$124.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $15,753,568▲12.0% | $13,691,536▲19.6% | $124,299,125▲1.7% | $124,318,925▲1.7% | 990PF |
| 2023 | $14,069,447▲1.4% | $11,449,347▼0.1% | $122,237,093▲2.2% | $122,240,509▲2.2% | 990PF |
| 2022 | $13,869,908▼11.0% | $11,457,793▲1.2% | $119,616,993▲2.1% | $119,616,993▲2.1% | 990PF |
| 2021 | $15,582,082▲3.7% | $11,320,789▲17.9% | $117,204,878▲3.8% | $117,204,878▲3.8% | 990PF |
| 2020 | $15,030,186 | $9,605,375 | $112,943,585 | $112,943,585 | 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 M G & Lillie A Johnson Foundation Inc a legitimate nonprofit?
- Yes. M G & Lillie A Johnson Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 74-6076961, based in Victoria, Texas. Donations are tax-deductible.
- What is M G & Lillie A Johnson Foundation Inc's EIN?
- M G & Lillie A Johnson Foundation Inc's Employer Identification Number (EIN) is 74-6076961.
- How much revenue does M G & Lillie A Johnson Foundation Inc report?
- M G & Lillie A Johnson Foundation Inc reported $15,753,568 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does M G & Lillie A Johnson Foundation Inc have?
- CharityIndex grades M G & Lillie A Johnson Foundation Inc B, based on financial health (reserves and operating margin).
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Data for M G & Lillie A Johnson Foundation Inc (EIN 74-6076961) 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.