Quick charity verification for Graystone Society Inc (EIN: 222601403)
Verdict: Graystone Society Inc appears trustworthy
75/100Mission Score
$596KRevenue
$3.0MAssets
2Red Flags
3Strengths
Red Flags
Revenue has shown a significant decline from $813,349 in 2014 to $619,099 in 2023.
The organization consistently reports 0% compensation to officers, directors, trustees, and key employees, which may indicate underreporting or reliance on volunteer leadership for key roles.
Strengths
A high percentage of expenses are consistently allocated to program services (e.g., 90% in 2023 based on total expenses of $554,363 and program service expenses of $498,927).
Net assets have shown consistent growth over the past decade, from $2,247,976 in 2014 to $3,055,451 in 2023.
The organization maintains a healthy financial position with assets significantly exceeding liabilities.
AI Transparency Report
Graystone Society Inc is a arts, culture & humanities nonprofit based in Coatesville, Pennsylvania, with reported revenue of $596K and assets of $3.0M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 90% of spending goes to programs, 5% to administration, and 5% to fundraising. Executive compensation is not reported in the available 990-EZ filings, suggesting it is below the $100,000 threshold for individual reporting. Revenue has grown +239% across 7 filing periods.