McCaw Family Foundation Inc
Nonprofit profile at a glance
- EIN
- 352057394
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Indianapolis, IN, USA
- Phone
- 3176342423
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- Single Organization Support
Reported finances
- Revenue
- $203,841
- Expenses
- $82,745
- Assets
- $2,036,567
- Liabilities
- $10,000
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- BRUCE MCCAW (PRESIDENT)
- JAMIE MCCAW (VICE-PRESIDENT)
Highest reported compensation
- JENNIFER BARTENBACH (TREASURER): $480,694 total reported compensation
- TAMARA WINFREY-HARRIS (DIRECTOR): $253,315 total reported compensation
- SARAH WEAVER (Secretary): $203,645 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Support and expand the works and activities of the central Indiana community foundation, inc. Within the community as a whole by contributing support to the community with particular emphasis on education, religion, the arts, and youth athletics, focused within, but not restricted to, central Indiana.
What it reported doing in 2024
Our goal is to support the community foundation's mission to help low-income working families with everything from basic needs to employment readiness and financial stability. Family success brings together focused financial, human, and influence capital with direct services provided through the centers for working families to provide job training and placement, network support to provide technical assistance and training to partner organizations and service providers, and policy work to remove barriers between low-income individuals and economic stability.
Operating model
- Revenue model
- Investment-supported. 61% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 85% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 76
- Accountability: 74
- Sustainability: 78
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.4%; rating input score 71
- Program expense ratio: 79%; rating input score 79
- Fundraising efficiency: $12.68 raised per $1 spent on fundraising; rating input score 46; 46th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 25th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.1%; rating input score 99; 59th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 63.6%; rating input score 64; 17th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 59.4%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 24.61; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 50; 50th percentile among comparable filings
- Officer compensation ratio: 212.2%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: 11.1% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 13.6% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: 6.5% per year; rating input score 100; 54th percentile among comparable filings
Details
- Where the money goes: 71.4% of revenue deployed · 79% of spending went to programs
- Governance: 7 of 11 board members independent · 7 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $65K in reported program spending
- Leadership: top reported pay $481K · 11 people listed · 1 of 6 pay-setting controls reported
- Consistency: 21 of 22 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 9 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Fundraising efficiency scored 46/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 0/100.
- Review — Sustainability: Liabilities to assets ratio scored 50/100.