Quinton B and Beverly H Mcnew Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Quinton B and Beverly H Mcnew Foundation Inc is a 501(c)(3) organization based in Fort Myers, Florida, registered in 1995, with $273,030 in FY2023 revenue. CharityIndex grades it C+.
5571 Halifax Ave, Fort Myers, FL, 33912 EIN 65-0568022 Since 1995
Revenue (FY2023)
$273K
▲ 37.6% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$155K
Net assets
$1.3M
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 Quinton B and Beverly H Mcnew 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 rating101 mo reserves · +43% 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 Quinton B and Beverly H Mcnew Foundation Inc: 101 mo reserves · +43% 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 Quinton B and Beverly H Mcnew 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 Quinton B and Beverly H Mcnew Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 5571 Halifax Ave, Fort Myers, FL, 33912
- City
- Fort Myers
- State
- Florida
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $165K (FY2013) to $273K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $1.3M
Operating margin
43.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$0
Net assets
$1.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $273,030▲37.6% | $155,212▼0.8% | $1,312,817▲9.9% | $1,312,817▲9.9% | 990PF |
| 2022 | $198,396▼14.5% | $156,520▼12.6% | $1,194,999▲3.6% | $1,194,999▲3.6% | 990PF |
| 2021 | $232,175▲55.4% | $179,112▲32.1% | $1,153,123▲4.8% | $1,153,123▲4.8% | 990PF |
| 2020 | $149,405▼16.5% | $135,572▼0.3% | $1,100,151▲1.3% | $1,100,151▲1.3% | 990PF |
| 2019 | $178,946▼8.5% | $135,948▲11.0% | $1,086,318▲4.1% | $1,086,318▲4.1% | 990PF |
| 2018 | $195,589▲6.6% | $122,432▲1.7% | $1,043,320▲7.4% | $1,043,320▲7.4% | 990PF |
| 2017 | $183,410▲4.1% | $120,358▼11.6% | $970,983▲6.9% | $970,983▲6.9% | 990PF |
| 2016 | $176,225▲17.3% | $136,188▲1.9% | $907,931▲4.6% | $908,284▲4.6% | 990PF |
| 2015 | $150,186▼24.4% | $133,667▲3.8% | $867,894▲1.9% | $868,175▲1.9% | 990PF |
| 2014 | $198,702▲20.4% | $128,810▼4.7% | $851,375▲8.9% | $851,780▲9.0% | 990PF |
| 2013 | $165,099 | $135,151▲5.0% | $781,483▲4.0% | $781,762▲4.0% | 990PF |
| 2012 | — | $128,696▲19.1% | $751,535▲2.4% | $752,003▲2.1% | 990PF |
| 2011 | — | $108,035▼4.1% | $734,262▲7.7% | $736,204▲8.0% | 990PF |
| 2010 | — | $112,678 | $681,923 | $681,923 | 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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Frequently asked questions
- Is Quinton B and Beverly H Mcnew Foundation Inc a legitimate nonprofit?
- Yes. Quinton B and Beverly H Mcnew Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 65-0568022, based in Fort Myers, Florida. Donations are tax-deductible.
- What is Quinton B and Beverly H Mcnew Foundation Inc's EIN?
- Quinton B and Beverly H Mcnew Foundation Inc's Employer Identification Number (EIN) is 65-0568022.
- How much revenue does Quinton B and Beverly H Mcnew Foundation Inc report?
- Quinton B and Beverly H Mcnew Foundation Inc reported $273,030 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Quinton B and Beverly H Mcnew Foundation Inc have?
- CharityIndex grades Quinton B and Beverly H Mcnew Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Quinton B and Beverly H Mcnew Foundation Inc (EIN 65-0568022) 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.