Nonprofit screen
Screen a listMulticare Foundations
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$18Mrevenue
FY2024 · +59% in 3 yrs13staff
6 of 7years filed
’18’19’20’21’22’23’24
Revenue and spendingRevenueSpending
Against similar nonprofits FY2024
Operating margin50.1%
Months of reserve4.5mo
Revenue growth (annualized)+17.5%
Middle half of peersMedianMulticare Foundations
Where the money goes FY2024 · $8.9M spent
Programs$4.7M52%Management and general$1.6M18%Fundraising$2.7M30%990 FY2024 · Part IX line 25
Worth checking2
A funder worth 91% of revenue stopped after FY2021
Gary E Milgard Family Foundation-Cari gave about $3.7M a year for three years, 91% of revenue in FY2021.
Funders’ 990-PF grant listsGovernment grants fell 83% in FY2024
$814k in FY2023, $142k in FY2024.
990 Part VIIIIn its favor2
Strong governance
12 of 12 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 17% a year since FY2018, in the top quarter of similar nonprofits.
990 Part I · peer cohort105funders
$10Ma year, last 3 years
43%from its largest funder
Funder’17’18’19’20’21’22’23Multicare Health SystemSince FY2018$1.7M$2.6M$4.2M$3.5M$6.3M$3.4MGary E Milgard Family Foundation-CariOn and off$25k$803k$10MBen B Cheney Foundation IncSince FY2021$1.2M$506k$503kKaiser Foundation Health Plan of WashingtonOn and off$2.0MNames Family FoundationSince FY2019$115k$85k$82k$233k$1.1MOscar T and Olivann Hokold FoundationStopped after FY2021$250k$250k$250k$250k$250k–Donor-advised giftsDonors not disclosed$68k$128k$81k$187k$592k$475k$503k60 other fundersUp to $439k a year each$371k$257k$555k$1.0M$794k$691k$699k
FundedThrough a donor-advised fundStopped