Robert & Janice Mcnair Educational Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Robert & Janice Mcnair Educational Foundation is a 501(c)(3) organization based in Houston, Texas, registered in 1990, with $2,468,249 in FY2023 revenue. CharityIndex grades it D.
109 N Post Oak Ln Ste 600, Houston, TX, 77024 EIN 58-1870080 Since 1990
Revenue (FY2023)
$2.5M
▲ 17.6% vs prior year
Expenses (FY2023)
$3.2M
Net assets
$40.1M
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 Robert & Janice Mcnair Educational 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 rating149 mo reserves · -31% 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 Robert & Janice Mcnair Educational Foundation: 149 mo reserves · -31% 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 Robert & Janice Mcnair Educational Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Robert & Janice Mcnair Educational Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $4.7M (FY2017) to $2.5M (FY2023) across 7 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $40.1M
Operating margin
-30.6%
Spent more than it raised in the latest fiscal year.
Total assets
$40.1M
Total liabilities
$0
Net assets
$40.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,468,249▲17.6% | $3,222,659▲5.0% | $40,125,821▲6.9% | $40,125,821▲6.9% | 990 |
| 2022 | $2,099,644▲127% | $3,068,345▲14.8% | $37,548,851▲4.4% | $37,548,851▲4.4% | 990 |
| 2021 | $925,489▼96.1% | $2,671,800▲23.9% | $35,971,359▼12.5% | $35,971,359▼12.5% | 990 |
| 2020 | $23,785,468▲275% | $2,157,124▲7.9% | $41,092,266▲133% | $41,092,266▲132% | 990 |
| 2019 | $6,338,132▲35.0% | $1,998,555▼20.2% | $17,602,641▼44.2% | $17,687,037▼45.4% | 990 |
| 2018 | $4,693,262▼1.1% | $2,504,912▲7.4% | $31,530,873▲10.0% | $32,366,484▲10.9% | 990 |
| 2017 | $4,747,131 | $2,332,267 | $28,661,949 | $29,175,817 | 990 |
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.
Grants received · $18K total
2 grants to Robert & Janice Mcnair Educational Foundation totaling $18K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Paypal Charitable Giving Fund | General support | 2018 | $5,498 |
| Paypal Charitable Giving Fund | General support | 2017 | $12,229 |
Frequently asked questions
- Is Robert & Janice Mcnair Educational Foundation a legitimate nonprofit?
- Yes. Robert & Janice Mcnair Educational Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-1870080, based in Houston, Texas. Donations are tax-deductible.
- What is Robert & Janice Mcnair Educational Foundation's EIN?
- Robert & Janice Mcnair Educational Foundation's Employer Identification Number (EIN) is 58-1870080.
- How much revenue does Robert & Janice Mcnair Educational Foundation report?
- Robert & Janice Mcnair Educational Foundation reported $2,468,249 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Robert & Janice Mcnair Educational Foundation have?
- CharityIndex grades Robert & Janice Mcnair Educational Foundation D, based on financial health (reserves and operating margin).
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Data for Robert & Janice Mcnair Educational Foundation (EIN 58-1870080) 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.