Mcmillan Frank M III Foundation is a 501(c)(3) organization based in Saint Louis, Missouri, registered in 2020, with $445,265 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$445K
▲ 1203.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$830K
Net assets
$1.2M
Employees
—
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 Mcmillan Frank M 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 →
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 Mcmillan Frank M III Foundation: 18 mo reserves · -86% margin earns a F on this criterion. See the exact thresholds →
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 Mcmillan Frank M 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 →
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 Mcmillan Frank M III Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $323K (FY2019) to $445K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-86.5%
Spent more than it raised in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$0
Net assets
$1.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $445,265▲1204% | $830,227▲182% | $1,239,682▼23.7% | $1,239,682▼23.7% | 990PF |
| 2023 | $34,150▼43.8% | $294,651▲104% | $1,624,983▼13.8% | $1,624,983▼13.8% | 990PF |
| 2022 | $60,803▼36.2% | $144,590▼10.9% | $1,884,765▼4.3% | $1,884,765▼4.3% | 990PF |
| 2021 | $95,232▲314% | $162,344▲16.0% | $1,968,951▼3.3% | $1,968,951▼3.3% | 990PF |
| 2020 | $23,009▼92.9% | $139,989▲163% | $2,036,485▼5.5% | $2,036,485▼5.5% | 990PF |
| 2019 | $322,505 | $53,227 | $2,154,142 | $2,154,142 | 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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Data for Mcmillan Frank M III Foundation (EIN 83-2003403) 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.