A H Gage Private Foundation Inc
A H Gage Private Foundation consistently spends more than its annual revenue, drawing from its asset base.
EIN: 205276597 · Corvallis, OR · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $697K |
| Total Expenses | $60K |
| Program Spending | 90% |
| Net Assets | $768K |
| Transparency Score | 85/100 |
Is A H Gage Private Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
A H Gage Private Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About A H Gage Private Foundation Inc
A H Gage Private Foundation Inc (EIN: 205276597) is a nonprofit organization based in Corvallis, OR, classified under NTEE code T22. The organization reported total revenue of $697K and total assets of $756K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of A H Gage Private Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
A H Gage Private Foundation Inc is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $29K |
| Total Expenses | $60K |
| Surplus / Deficit | $-31,730 |
| Total Assets | $768K |
| Total Liabilities | $1 |
| Net Assets | $768K |
| Operating Margin | -110.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 152.3 months |
Financial Health Grade: B
In 2023, A H Gage Private Foundation Inc reported a deficit of $32K with expenses exceeding revenue, holds 152.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1288.4% | -2.0% | -4.0% |
| 2022 | -98.3% | +5.0% | -6.9% |
| 2021 | +4566.4% | +2.5% | +8.4% |
| 2020 | -95.1% | -10.1% | -6.4% |
| 2019 | +23.3% | -7.2% | -7.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates A H Gage Private Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, A H Gage Private Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $32K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees are compensated, which is highly unusual and suggests a volunteer-led or minimal-staff operation for a foundation of this asset size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of A H Gage Private Foundation Inc's IRS 990 filings:
- Consistent deficit spending where expenses exceed revenue, potentially drawing down assets over the long term.
- Lack of detailed expense breakdown beyond total expenses makes it difficult to fully assess programmatic spending versus other operational costs.
Strengths
The following positive indicators were identified for A H Gage Private Foundation Inc:
- 0% officer compensation indicates extremely low administrative overhead.
- Consistently low liabilities ($1 in most recent years) demonstrates sound financial management.
- Stable asset base, despite some decline, indicates long-term financial planning for a private foundation.
- Consistent annual IRS 990 filings demonstrate good transparency.
Frequently Asked Questions about A H Gage Private Foundation Inc
Is A H Gage Private Foundation Inc a legitimate charity?
A H Gage Private Foundation Inc (EIN: 205276597) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $697K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does A H Gage Private Foundation Inc spend its money?
A H Gage Private Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to A H Gage Private Foundation Inc tax-deductible?
A H Gage Private Foundation Inc is registered as a tax-exempt nonprofit (EIN: 205276597). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does A H Gage Private Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), A H Gage Private Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is A H Gage Private Foundation Inc located?
A H Gage Private Foundation Inc is headquartered in Corvallis, Oregon and files with the IRS under EIN 205276597. It is classified under NTEE code T22.
How many years of IRS 990 filings does A H Gage Private Foundation Inc have?
A H Gage Private Foundation Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $697K in total revenue.
How does A H Gage Private Foundation Inc sustain its operations given consistent deficit spending?
The foundation sustains its operations by drawing from its substantial asset base, which was $767,863 in 2023. Its expenses have consistently exceeded its revenue in recent years (e.g., $60,484 expenses vs. $28,754 revenue in 2023), indicating it is distributing its endowment rather than relying solely on annual income.
What is the primary purpose of the foundation's expenses if officer compensation is 0%?
Given its NTEE code T22 (Private Grantmaking Foundations) and 0% officer compensation, the primary purpose of the foundation's expenses is likely grant distributions to other charitable organizations, along with minimal operational costs such as legal, accounting, or investment management fees.
Is the foundation's asset base declining significantly due to its spending patterns?
The asset base has shown some fluctuation and a general downward trend from a peak of $940,702 in 2014 to $767,863 in 2023. While it has decreased, the decline is gradual, suggesting a controlled distribution of assets rather than an uncontrolled depletion.
Filing History
IRS 990 filing history for A H Gage Private Foundation Inc showing financial trends over 10 years of public records:
Total assets decreased by 6.8% over the same period, from $824K to $768K. Total functional expenses rose by 390.4%, from $12K to $60K. In its most recent filing year (2023), A H Gage Private Foundation Inc reported a deficit of $32K, with expenses exceeding revenue. The organization holds $1 in liabilities against $768K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $768K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $29K | $60K | $768K | $1 | — | — |
| 2022 | $2K | $62K | $800K | $1 | — | View 990 |
| 2021 | $125K | $59K | $859K | $1 | — | — |
| 2020 | $3K | $57K | $793K | $1 | — | — |
| 2019 | $55K | $64K | $848K | $1 | — | View 990 |
| 2015 | $44K | $69K | $916K | $1 | — | View 990 |
| 2014 | $87K | $68K | $941K | $1 | — | View 990 |
| 2013 | $89K | $64K | $922K | $1 | — | View 990 |
| 2012 | $130K | $58K | $897K | $61 | — | View 990 |
| 2011 | $-1,860 | $12K | $824K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $29K, expenses of $60K, and assets of $768K (revenue +1288.4% year-over-year).
- 2022: Revenue of $2K, expenses of $62K, and assets of $800K (revenue -98.3% year-over-year).
- 2021: Revenue of $125K, expenses of $59K, and assets of $859K (revenue +4566.4% year-over-year).
- 2020: Revenue of $3K, expenses of $57K, and assets of $793K (revenue -95.1% year-over-year).
- 2019: Revenue of $55K, expenses of $64K, and assets of $848K (revenue +23.3% year-over-year).
- 2015: Revenue of $44K, expenses of $69K, and assets of $916K (revenue -49.0% year-over-year).
- 2014: Revenue of $87K, expenses of $68K, and assets of $941K (revenue -2.8% year-over-year).
- 2013: Revenue of $89K, expenses of $64K, and assets of $922K (revenue -31.6% year-over-year).
- 2012: Revenue of $130K, expenses of $58K, and assets of $897K.
- 2011: Revenue of $-1,860, expenses of $12K, and assets of $824K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for A H Gage Private Foundation Inc:
Data Sources and Methodology
This transparency report for A H Gage Private Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.