Is Gravette Community Foundation Inc Legit?

Quick charity verification for Gravette Community Foundation Inc (EIN: 202077317)

Verdict: Gravette Community Foundation Inc appears trustworthy

85/100Mission Score
$90KRevenue
$431KAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Gravette Community Foundation Inc. demonstrates consistent financial stability with growing assets and no reported liabilities across its filing history. In 2023, the organization reported $86,248 in revenue against $55,499 in expenses, indicating a healthy surplus. While the organization's NTEE code S20 suggests a focus on community improvement, the filings do not provide a detailed functional expense breakdown (program, administrative, fundraising) to fully assess spending efficiency. However, the absence of officer compensation reported in all filings is a positive indicator of volunteer leadership and potentially lower administrative overhead, contributing to its overall financial health. The foundation's assets have steadily increased, reaching $372,058 in 2023, suggesting effective asset management and long-term sustainability.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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