Waltrip-mcgee Foundation
Only null% goes to programs Strong reserves
Waltrip-mcgee Foundation is a 501(c)(3) organization based in Houston, Texas, registered in 1998, with $143,456 in FY2024 revenue. CharityIndex grades it F.
2929 Allen Parkway 20th Floor, Houston, TX, 77019 EIN 31-1608714 Since 1998
Revenue (FY2024)
$143K
▼ 21.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$269K
Net assets
$7.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Waltrip-mcgee Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating336 mo reserves · -87% 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 Waltrip-mcgee Foundation: 336 mo reserves · -87% margin earns a F 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 Waltrip-mcgee Foundation— 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 Waltrip-mcgee Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2929 Allen Parkway 20th Floor, Houston, TX, 77019
- City
- Houston
- State
- Texas
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $66K (FY2013) to $143K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $7.5M
Operating margin
-87.2%
Spent more than it raised in the latest fiscal year.
Total assets
$7.5M
Total liabilities
$0
Net assets
$7.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $143,456▼21.7% | $268,526▲4870% | $7,525,687▼1.6% | $7,525,687▼1.6% | 990PF |
| 2023 | $183,304▲10.6% | $5,403▼88.4% | $7,650,757▲2.4% | $7,650,757▲2.4% | 990PF |
| 2022 | $165,771▲13.0% | $46,400▼86.3% | $7,472,856▲1.6% | $7,472,856▲1.6% | 990PF |
| 2021 | $146,643▼94.0% | $338,783▼38.8% | $7,353,485▼2.5% | $7,353,485▼2.5% | 990PF |
| 2020 | $2,441,074▲2484% | $553,220▲355% | $7,545,625▲33.4% | $7,545,625▲33.4% | 990PF |
| 2019 | $94,458▼24.4% | $121,555▼95.9% | $5,657,771▼0.5% | $5,657,771▼0.5% | 990PF |
| 2018 | $124,949▲4.7% | $2,987,848▲922% | $5,684,868▼33.5% | $5,684,868▼33.5% | 990PF |
| 2017 | $119,350▲22.9% | $292,268▼2.0% | $8,547,767▼2.0% | $8,547,767▼2.0% | 990PF |
| 2016 | $97,116▲5.0% | $298,159▲16.3% | $8,720,685▼2.3% | $8,720,685▼2.3% | 990PF |
| 2015 | $92,512▲18.4% | $256,330▲14.9% | $8,921,728▼1.8% | $8,921,728▼1.8% | 990PF |
| 2014 | $78,156▲18.2% | $223,117▲19.8% | $9,085,546▼1.6% | $9,085,546▼1.6% | 990PF |
| 2013 | $66,102 | $186,315▲13.4% | $9,230,507▼1.3% | $9,230,507▼1.3% | 990PF |
| 2012 | — | $164,261▲14.9% | $9,350,720▲182% | $9,353,167▲181% | 990PF |
| 2011 | — | $142,993▲2.3% | $3,321,328▼2.0% | $3,323,775▼2.0% | 990PF |
| 2010 | — | $139,758 | $3,387,857 | $3,390,304 | 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 Waltrip-mcgee Foundation a legitimate nonprofit?
- Yes. Waltrip-mcgee Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-1608714, based in Houston, Texas. Donations are tax-deductible.
- What is Waltrip-mcgee Foundation's EIN?
- Waltrip-mcgee Foundation's Employer Identification Number (EIN) is 31-1608714.
- How much revenue does Waltrip-mcgee Foundation report?
- Waltrip-mcgee Foundation reported $143,456 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Waltrip-mcgee Foundation have?
- CharityIndex grades Waltrip-mcgee Foundation F, based on financial health (reserves and operating margin).
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Data for Waltrip-mcgee Foundation (EIN 31-1608714) 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.