Philip M Mckenna Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Philip M Mckenna Foundation Inc is a 501(c)(3) organization based in Latrobe, Pennsylvania, registered in 1967, with $2,164,036 in FY2024 revenue. CharityIndex grades it C+.
816 Ligonier St Ste 500, Latrobe, PA, 15650 EIN 25-6082635 Since 1967
Revenue (FY2024)
$2.2M
▼ 21.5% vs prior year
Expenses (FY2024)
$1.1M
Net assets
$17.0M
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 Philip M Mckenna 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 · +49% 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 Philip M Mckenna Foundation Inc: 186 mo reserves · +49% 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 Philip M Mckenna 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 Philip M Mckenna Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 816 Ligonier St Ste 500, Latrobe, PA, 15650
- City
- Latrobe
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $460K (FY2020) to $2.2M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $17.0M
Operating margin
49.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$17.0M
Total liabilities
$0
Net assets
$17.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,164,036▼21.5% | $1,096,309▲1.3% | $16,984,961▲6.7% | $16,984,961▲6.7% | 990PF |
| 2023 | $2,756,049▲202% | $1,082,153▲3.7% | $15,917,983▲11.8% | $15,917,983▲11.8% | 990PF |
| 2022 | $911,166▼62.2% | $1,044,020▼15.7% | $14,243,203▼3.6% | $14,243,203▼3.6% | 990PF |
| 2021 | $2,413,550▲425% | $1,237,927▲31.3% | $14,777,642▲8.8% | $14,777,642▲8.8% | 990PF |
| 2020 | $459,502 | $942,654 | $13,582,830 | $13,582,830 | 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 Philip M Mckenna Foundation Inc a legitimate nonprofit?
- Yes. Philip M Mckenna Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 25-6082635, based in Latrobe, Pennsylvania. Donations are tax-deductible.
- What is Philip M Mckenna Foundation Inc's EIN?
- Philip M Mckenna Foundation Inc's Employer Identification Number (EIN) is 25-6082635.
- How much revenue does Philip M Mckenna Foundation Inc report?
- Philip M Mckenna Foundation Inc reported $2,164,036 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Philip M Mckenna Foundation Inc have?
- CharityIndex grades Philip M Mckenna Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Philip M Mckenna Foundation Inc (EIN 25-6082635) 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.