Quick charity verification for Gray Matters Capital Inc (EIN: 205176973)
Verdict: Gray Matters Capital Inc appears trustworthy
85/100Mission Score
$705KRevenue
$52.1MAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed functional expense breakdown in provided data, limiting full assessment of program efficiency.
Strengths
Strong asset base, with assets consistently over $35 million since 2014 and reaching over $52 million in the latest period.
Consistent reporting of 0% officer compensation, indicating high transparency regarding executive pay.
Revenues frequently exceed expenses, demonstrating effective financial management and ability to build reserves (e.g., 2022 revenue $7.2M vs. expenses $2.0M).
Significant revenue generation capacity, with several years showing revenues over $10 million.
Spending Breakdown
How Gray Matters Capital Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Gray Matters Capital Inc
Is Gray Matters Capital Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gray Matters Capital Inc (EIN: 205176973) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Gray Matters Capital Inc a good charity to donate to?
Gray Matters Capital Inc has a Mission Score of 85/100. Revenue: $705K. Assets: $52.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gray Matters Capital Inc?
The Employer Identification Number (EIN) for Gray Matters Capital Inc is 205176973. 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 Gray Matters Capital Inc spend its money?
Gray Matters Capital Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gray Matters Capital Inc's tax-exempt status?
You can verify Gray Matters Capital Inc's tax-exempt status using EIN 205176973 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
Gray Matters Capital Inc. demonstrates a strong financial position with substantial assets, reaching over $52 million in the latest period, and a history of significant revenue generation. The organization's spending efficiency appears robust, particularly in recent years, where expenses have been considerably lower than revenue. For instance, in 2022, expenses were $2,038,910 against revenues of $7,204,447, indicating a healthy surplus. This trend of managing expenses well below income suggests effective financial stewardship and the ability to build reserves.
However, the provided data lacks a detailed breakdown of expenses into program, administrative, and fundraising categories, which limits a full assessment of spending efficiency and program focus. While the overall financial health appears strong, the absence of this granular expense data impacts the ability to fully evaluate how effectively funds are being directed towards their mission. The consistent reporting of 0% officer compensation across all filings is a positive indicator of transparency regarding executive pay.
Despite the lack of detailed expense categorization, the organization's substantial asset base and consistent revenue generation, with revenues often significantly exceeding expenses, point to a well-resourced and financially stable entity. The fluctuating but generally high revenue figures over the years suggest a strong capacity for attracting funding. To further enhance transparency, providing a clear breakdown of functional expenses would be beneficial for stakeholders.