Michael C McHugh Memorial Fund

Nonprofit profile at a glance

EIN
824234341
IRS 990-EZ coverage
2019–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Milton, MA, USA
Phone
6173221440
Rating
93
Verdict
STRONG
Rating confidence
Moderate
Sector
Family Services

Official website

Reported finances

Revenue
$97,097
Expenses
$114,288
Assets
$392,178
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • Kari McHugh (President)

People named in this filing

  • Kari McHugh (President)
  • Calece Johnson (Treasurer)
  • Venetia Corson (Clerk)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Support families who have lost a child

What it reported doing in 2024

To support families who have lost a child to enable them to afford funeral, memorial and non-medical end of life expenses.

Operating model

Revenue model
Donor-supported. 92% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 100
  • Sustainability: 49
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.7%; rating input score 97
  • Program expense ratio: 81.9%; rating input score 82

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -17.7%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 3.43; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 22.4% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: 16.5% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 31.3% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 96.7% of revenue deployed · 81.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $94K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • 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.

  • High — Sustainability: Operating margin scored 25/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.