Quick charity verification for Gilloury Institute (EIN: 10693025)
Verdict: Gilloury Institute appears trustworthy
85/100Mission Score
$921KRevenue
$2.2MAssets
3Red Flags
4Strengths
Red Flags
Significant revenue volatility, with a sharp drop from $1,553,904 in 2021 to $551,024 in 2024.
Expenses ($716,706) exceeded revenue ($551,024) in the most recent filing period (202406), indicating an operational deficit.
Consistent 0% officer compensation across all filings is highly unusual for an organization of this size and warrants further scrutiny to ensure full transparency regarding executive remuneration.
Strengths
Strong asset base, consistently exceeding $1 million since 2020 and reaching $2,233,218 currently, providing financial stability.
History of managing expenses, often keeping them below or near revenue levels for most periods.
Low liabilities relative to assets, indicating good financial health and limited debt burden.
Consistent filing of IRS Form 990s (14 filings), demonstrating a commitment to transparency.
Spending Breakdown
How Gilloury Institute allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Gilloury Institute
Is Gilloury Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Gilloury Institute (EIN: 10693025) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
Is Gilloury Institute a good charity to donate to?
Gilloury Institute has a Mission Score of 85/100. Revenue: $921K. Assets: $2.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gilloury Institute?
The Employer Identification Number (EIN) for Gilloury Institute is 10693025. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Gilloury Institute spend its money?
Gilloury Institute allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gilloury Institute's tax-exempt status?
You can verify Gilloury Institute's tax-exempt status using EIN 10693025 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Gilloury Institute demonstrates a generally stable financial position, with assets consistently exceeding liabilities across its filing history. While revenue has fluctuated, notably decreasing from $1,553,904 in 2021 to $551,024 in 2024, the organization has managed its expenses, often keeping them below or near revenue levels, except for the most recent period where expenses ($716,706) exceeded revenue ($551,024). This recent deficit warrants attention, though the organization maintains a healthy asset base of $1,994,257 in 2024, suggesting reserves to cover short-term operational gaps.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 14 filings available. A significant positive indicator for efficiency and transparency is the reported 0% officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is highly unusual for an organization of this size and revenue. This lack of reported officer compensation, while potentially indicating high efficiency, also raises questions about the full picture of executive remuneration and could be a point for further inquiry to ensure complete transparency.
Overall, the Gilloury Institute appears to be a financially sound organization with a strong asset base and a history of managing its finances. The recent dip in revenue and corresponding deficit in 2024 should be monitored, but the absence of reported officer compensation is a notable characteristic that could be interpreted as either exceptional efficiency or an area requiring more detailed disclosure to fully assess transparency.