Quick charity verification for Grayhawk Classic Residents Foundation (EIN: 20643508)
Verdict: Grayhawk Classic Residents Foundation appears trustworthy
92/100Mission Score
$398KRevenue
$1.3MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $742,930 in 2015 to $1,251,356 in 2023.
Very low liabilities, typically under $1,500, indicating strong financial stability.
No reported officer compensation across all filings, suggesting efficient use of funds and volunteer leadership.
Consistent operating surpluses in most years, such as $152,614 in 2023 ($378,208 revenue - $225,594 expenses).
Strong financial health with assets significantly exceeding annual revenue.
Spending Breakdown
How Grayhawk Classic Residents Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Grayhawk Classic Residents Foundation
Is Grayhawk Classic Residents Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Grayhawk Classic Residents Foundation (EIN: 20643508) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Grayhawk Classic Residents Foundation a good charity to donate to?
Grayhawk Classic Residents Foundation has a Mission Score of 92/100. Revenue: $398K. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Grayhawk Classic Residents Foundation?
The Employer Identification Number (EIN) for Grayhawk Classic Residents Foundation is 20643508. 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 Grayhawk Classic Residents Foundation spend its money?
Grayhawk Classic Residents Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Grayhawk Classic Residents Foundation's tax-exempt status?
You can verify Grayhawk Classic Residents Foundation's tax-exempt status using EIN 20643508 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 Grayhawk Classic Residents Foundation demonstrates consistent financial health with a strong asset base relative to its annual revenue. Over the past decade, the organization has shown a steady increase in assets, reaching $1,251,356 in 2023, while maintaining very low liabilities, typically under $1,500. This indicates sound financial management and a healthy balance sheet. The foundation's spending efficiency appears robust, with expenses consistently lower than revenue in most years, allowing for asset growth. For instance, in 2023, expenses were $225,594 against revenues of $378,208, resulting in a significant surplus. The absence of reported officer compensation across all filings suggests a volunteer-driven leadership structure, which contributes to lower administrative overhead and potentially higher program spending efficiency. This commitment to volunteer leadership enhances the organization's transparency and financial stewardship.