Magee-oconnor Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Magee-oconnor Foundation Inc is a 501(c)(3) organization based in Georgetown, Texas, registered in 1970, with $481,385 in FY2025 revenue. CharityIndex grades it C+.
504 Mckittrick Ridge Rd, Georgetown, TX, 78633 EIN 23-7087967 Since 1970
Revenue (FY2025)
$481K
▲ 42.6% vs prior year
Expenses (FY2025)
$329K
Net assets
$5.5M
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 Magee-oconnor 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 rating200 mo reserves · +32% 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 Magee-oconnor Foundation Inc: 200 mo reserves · +32% 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 Magee-oconnor 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 Magee-oconnor Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 504 Mckittrick Ridge Rd, Georgetown, TX, 78633
- City
- Georgetown
- State
- Texas
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $329K (FY2013) to $481K (FY2025) across 13 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $0Net assets $5.5M
Operating margin
31.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.5M
Total liabilities
$0
Net assets
$5.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $481,385▲42.6% | $329,112▲4.7% | $5,493,382▲2.9% | $5,493,382▲2.9% | 990PF |
| 2024 | $337,613▲7.6% | $314,379▼1.1% | $5,341,109▲0.4% | $5,341,109▲0.4% | 990PF |
| 2023 | $313,830▼9.9% | $317,946▼5.7% | $5,317,875▼0.1% | $5,317,875▼0.1% | 990PF |
| 2022 | $348,219▼35.4% | $337,120▲17.2% | $5,321,991▲0.2% | $5,321,991▲0.2% | 990PF |
| 2021 | $539,029▲93.0% | $287,630▲9.0% | $5,310,892▲5.0% | $5,310,892▲5.0% | 990PF |
| 2020 | $279,271▲75.8% | $263,835▼10.8% | $5,059,493▲0.3% | $5,059,493▲0.3% | 990PF |
| 2019 | $158,863▼35.7% | $295,733▲11.3% | $5,044,057▼2.6% | $5,044,057▼2.6% | 990PF |
| 2018 | $247,232▼71.7% | $265,709▲11.3% | $5,180,927▼0.4% | $5,180,927▼0.4% | 990PF |
| 2017 | $872,354▲645% | $238,777▼11.8% | $5,199,404▲13.9% | $5,199,404▲13.9% | 990PF |
| 2016 | $117,106▼38.2% | $270,859▼13.4% | $4,565,827▼3.3% | $4,565,827▼3.3% | 990PF |
| 2015 | $189,614▼59.5% | $312,811▲11.7% | $4,719,580▼2.5% | $4,719,580▼2.5% | 990PF |
| 2014 | $467,778▲42.0% | $279,998▲19.7% | $4,842,777▲4.0% | $4,842,777▲4.0% | 990PF |
| 2013 | $329,438 | $233,955▼2.3% | $4,654,997▲2.1% | $4,654,997▲2.1% | 990PF |
| 2012 | — | $239,448▲1.9% | $4,559,514▲2.4% | $4,559,514▲2.4% | 990PF |
| 2011 | — | $235,033 | $4,451,988 | $4,451,988 | 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 Magee-oconnor Foundation Inc a legitimate nonprofit?
- Yes. Magee-oconnor Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7087967, based in Georgetown, Texas. Donations are tax-deductible.
- What is Magee-oconnor Foundation Inc's EIN?
- Magee-oconnor Foundation Inc's Employer Identification Number (EIN) is 23-7087967.
- How much revenue does Magee-oconnor Foundation Inc report?
- Magee-oconnor Foundation Inc reported $481,385 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Magee-oconnor Foundation Inc have?
- CharityIndex grades Magee-oconnor Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Magee-oconnor Foundation Inc (EIN 23-7087967) 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.