M G Oneil Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
M G Oneil Foundation is a 501(c)(3) organization based in Akron, Ohio, registered in 1954, with $901,813 in FY2024 revenue. CharityIndex grades it D.
Po Box 5303, Akron, OH, 44334 EIN 34-6516968 Since 1954
Revenue (FY2024)
$902K
▼ 46.6% vs prior year
Expenses (FY2024)
$1.2M
Net assets
$13.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Oneil Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating128 mo reserves · -37% 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 Oneil Foundation: 128 mo reserves · -37% margin earns a D 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 Oneil 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 M G Oneil Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $306K (FY2013) to $902K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $13.2M
Operating margin
-36.7%
Spent more than it raised in the latest fiscal year.
Total assets
$13.2M
Total liabilities
$0
Net assets
$13.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $901,813▼46.6% | $1,232,368▲7.1% | $13,163,234▼2.4% | $13,163,234▼2.4% | 990PF |
| 2023 | $1,687,829▲299% | $1,150,336▲9.9% | $13,493,789▲4.1% | $13,493,789▲4.1% | 990PF |
| 2022 | $422,644▼65.6% | $1,046,432▼16.1% | $12,956,296▼4.6% | $12,956,296▼4.6% | 990PF |
| 2021 | $1,228,107▲84.8% | $1,247,382▲7.3% | $13,580,084▼0.1% | $13,580,084▼0.1% | 990PF |
| 2020 | $664,590▼57.6% | $1,162,380▲21.3% | $13,599,359▼3.5% | $13,599,359▼3.5% | 990PF |
| 2019 | $1,569,103▲207% | $958,084▲0.3% | $14,097,149▲4.5% | $14,097,149▲4.5% | 990PF |
| 2018 | $510,982▲21.5% | $954,996▲20.3% | $13,486,130▼3.2% | $13,486,130▼3.2% | 990PF |
| 2017 | $420,725▲25.1% | $793,575▼41.4% | $13,930,144▼2.6% | $13,930,144▼2.6% | 990PF |
| 2016 | $336,404▼62.0% | $1,353,779▲105% | $14,302,994▼11.8% | $14,302,994▼11.8% | 990PF |
| 2014 | $885,280▲189% | $660,750▼21.1% | $16,221,368▲1.4% | $16,221,368▲1.4% | 990PF |
| 2013 | $306,097 | $837,800 | $15,996,838 | $15,996,838 | 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 Oneil Foundation a legitimate nonprofit?
- Yes. M G Oneil Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 34-6516968, based in Akron, Ohio. Donations are tax-deductible.
- What is M G Oneil Foundation's EIN?
- M G Oneil Foundation's Employer Identification Number (EIN) is 34-6516968.
- How much revenue does M G Oneil Foundation report?
- M G Oneil Foundation reported $901,813 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does M G Oneil Foundation have?
- CharityIndex grades M G Oneil Foundation D, based on financial health (reserves and operating margin).
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Data for M G Oneil Foundation (EIN 34-6516968) 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.