Skip to content
ProPublica Donate
ProPublica Donate

William And Lisa Mcgahan Family Foundation Inc

  • Dorado, PR
  • Tax-exempt since Jan. 2012
  • EIN: 90-0771779

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Corporate Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$267k (2024)

Expenses
$140k (2024)

Total Assets
$2.72M (2024)

Total Liabilities
$357k (2024)

Years with missing data
Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$266,652
Expenses
$139,882
Net Income
$126,770
Net Assets
$2,360,532
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $95,074
35.7%
Sales of Assets $171,578
64.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $207,411
> 100%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,717,674
Total Liabilities $357,142
Net Assets $2,360,532
Compensation
Key Employees and Officers Compensation Other
William C Mcgahan (President/Secretary) $0 $0
Lisa O Mcgahan (Treasurer) $0 $0

Document Links

990-PF
Filed on March 12, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML
View Filing (2 of 2)

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$234,400
Expenses
$141,685
Net Income
$92,715
Net Assets
$2,295,449
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $71,082
30.3%
Dividends $36,384
15.5%
Sales of Assets $126,934
54.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $136,624
96.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,724,020
Total Liabilities $428,571
Net Assets $2,295,449
Compensation
Key Employees and Officers Compensation Other
William C Mcgahan (President/Secretary) $0 $0
Lisa O Mcgahan (Treasurer) $0 $0

Document Links

990-PF
Filed on May 10, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$371,173
Expenses
$565,703
Net Income
-$936,876
Net Assets
$2,126,073
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $58,412
Dividends $14,879
Sales of Assets -$444,464
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $127,972
22.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,554,644
Total Liabilities $428,571
Net Assets $2,126,073
Compensation
Key Employees and Officers Compensation Other
William C Mcgahan (President/Secretary) $0 $0
Lisa O Mcgahan (Treasurer) $0 $0

Document Links

990-PF
Filed on March 14, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$529,814
Expenses
$159,363
Net Income
$370,451
Net Assets
$3,087,683
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $300
0.1%
Interest Revenue $72,925
13.8%
Dividends $19,875
3.8%
Sales of Assets $436,714
82.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $150,362
94.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,160,979
Total Liabilities $73,296
Net Assets $3,087,683
Compensation
Key Employees and Officers Compensation Other
William C Mc Gahan (President/Secretary) $0 $0
Lisa O Mc Gahan (Treasurer) $0 $0

Document Links

990-PF
Filed on May 5, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,330,278
Expenses
$397,517
Net Income
$932,761
Net Assets
$2,930,335
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,036,838
77.9%
Interest Revenue $84,891
6.4%
Dividends $7,524
0.6%
Sales of Assets $201,025
15.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $291,621
73.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,033,012
Total Liabilities $102,677
Net Assets $2,930,335
Compensation
Key Employees and Officers Compensation Other
William C Mc Gahan (President/Secretary) $0 $0
Lisa O Mc Gahan (Treasurer) $0 $0

Document Links

990-PF
Filed on May 14, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$267,247
Expenses
$513,261
Net Income
-$246,014
Net Assets
$1,889,523
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $118,877
44.5%
Interest Revenue $89,590
33.5%
Dividends $6,365
2.4%
Sales of Assets $52,415
19.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $350,415
68.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,999,523
Total Liabilities $110,000
Net Assets $1,889,523

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$582,202
Expenses
$160,295
Net Income
$421,907
Net Assets
$1,354,898
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $580,090
99.6%
Interest Revenue $0
Dividends $35,549
6.1%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $158,688
99.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,354,898
Total Liabilities $0
Net Assets $1,354,898

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$320,864
Expenses
$164,457
Net Income
$156,407
Net Assets
$932,991
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $285,165
88.9%
Interest Revenue $0
Dividends $43,202
13.5%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $163,200
99.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $932,991
Total Liabilities $0
Net Assets $932,991

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$291,022
Expenses
$140,996
Net Income
$150,026
Net Assets
$776,584
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $268,286
92.2%
Interest Revenue $0
Dividends $38,153
13.1%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $140,565
99.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $776,584
Total Liabilities $0
Net Assets $776,584

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$325,097
Expenses
$25,745
Net Income
$299,352
Net Assets
$618,062
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $315,366
97.0%
Interest Revenue $0
Dividends $38,083
11.7%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $25,745
100%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $618,062
Total Liabilities $0
Net Assets $618,062

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$318,710
Expenses
$0
Net Income
$318,710
Net Assets
$318,710
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $318,710
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $318,710
Total Liabilities $0
Net Assets $318,710

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us

About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated