G Zachary Gund Foundation
G Zachary Gund Foundation experiences significant revenue volatility while maintaining consistent grant-making expenses.
EIN: 10752786 · Concord, MA · NTEE: T22 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $902K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2,934,975 |
| Net Assets | $2.9M |
| Transparency Score | 85/100 |
Is G Zachary Gund Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
G Zachary Gund Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About G Zachary Gund Foundation
G Zachary Gund Foundation (EIN: 10752786) is a nonprofit organization based in Concord, MA, classified under NTEE code T22. The organization reported total revenue of $1.8M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of G Zachary Gund Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
G Zachary Gund Foundation is a mid-size nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -228.8% | -0.3% | -27.3% |
| 2022 | -73.5% | +36.4% | -15.7% |
| 2021 | -80.1% | -10.9% | -1.8% |
| 2020 | +526.1% | +5.8% | +76.4% |
| 2019 | -35.9% | +57.7% | -3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 G Zachary Gund Foundation 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, G Zachary Gund Foundation 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:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The G Zachary Gund Foundation consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly efficient for an organization of its asset size (e.g., $2,934,975 in 2023).
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of G Zachary Gund Foundation's IRS 990 filings:
- Significant revenue volatility, including negative revenue in 2023 ($-194,170), which could impact future grant-making capacity.
- Declining asset base from $4,881,815 in 2020 to $2,934,975 in 2023, suggesting potential challenges in endowment growth or significant distributions.
Strengths
The following positive indicators were identified for G Zachary Gund Foundation:
- Consistent reporting of 0% officer compensation, indicating highly efficient use of funds by not allocating to executive salaries.
- Low liabilities, consistently reported as $1 in most recent filings, demonstrating strong financial management and minimal debt.
- Long history of consistent IRS 990 filings (10 filings), indicating transparency and adherence to regulatory requirements.
- Consistent level of expenses (e.g., $901,577 in 2023, $904,375 in 2022), suggesting a stable commitment to its grant-making activities despite revenue fluctuations.
Frequently Asked Questions about G Zachary Gund Foundation
Is G Zachary Gund Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, G Zachary Gund Foundation (EIN: 10752786) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does G Zachary Gund Foundation spend its money?
G Zachary Gund Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to G Zachary Gund Foundation tax-deductible?
G Zachary Gund Foundation is registered as a tax-exempt nonprofit (EIN: 10752786). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the G Zachary Gund Foundation CEO make?
G Zachary Gund Foundation's highest-compensated officer earns $2,934,975 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does G Zachary Gund Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), G Zachary Gund Foundation 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 G Zachary Gund Foundation located?
G Zachary Gund Foundation is headquartered in Concord, Massachusetts and files with the IRS under EIN 10752786. It is classified under NTEE code T22.
How many years of IRS 990 filings does G Zachary Gund Foundation have?
G Zachary Gund Foundation 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 $1.8M in total revenue.
How does the G Zachary Gund Foundation manage its investment portfolio to mitigate revenue volatility?
The 990 filings show significant fluctuations in revenue, including negative revenue in 2023. Understanding the foundation's investment strategy and risk management practices would provide insight into its long-term financial sustainability.
What is the specific breakdown of grants awarded versus other administrative costs within the reported expenses?
While the foundation's NTEE code indicates grant-making, a detailed breakdown of its $901,577 in expenses (2023) would clarify the proportion directly supporting its charitable beneficiaries versus operational overhead.
What is the foundation's strategy for maintaining its asset base given the recent decline from $4.8M in 2020 to $2.9M in 2023?
The substantial decrease in assets over recent years, alongside fluctuating revenues, raises questions about the foundation's long-term endowment management and growth strategies.
Filing History
IRS 990 filing history for G Zachary Gund Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), G Zachary Gund Foundation's revenue has declined by 142.6%, moving from $456K to $-194,170. Total assets increased by 62.2% over the same period, from $1.8M to $2.9M. Total functional expenses rose by 901.6%, from $90K to $902K. The organization holds $1 in liabilities against $2.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-194,170 | $902K | $2.9M | $1 | — | View 990 |
| 2022 | $151K | $904K | $4.0M | $1 | — | View 990 |
| 2021 | $569K | $663K | $4.8M | $1 | — | — |
| 2020 | $2.9M | $744K | $4.9M | $1 | — | — |
| 2019 | $457K | $703K | $2.8M | $1 | — | View 990 |
| 2015 | $712K | $446K | $2.9M | $1 | — | View 990 |
| 2014 | $535K | $325K | $2.6M | $1 | — | View 990 |
| 2013 | $476K | $134K | $2.4M | $19K | — | View 990 |
| 2012 | $387K | $139K | $2.1M | $1 | — | View 990 |
| 2011 | $456K | $90K | $1.8M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-194,170, expenses of $902K, and assets of $2.9M (revenue -228.8% year-over-year).
- 2022: Revenue of $151K, expenses of $904K, and assets of $4.0M (revenue -73.5% year-over-year).
- 2021: Revenue of $569K, expenses of $663K, and assets of $4.8M (revenue -80.1% year-over-year).
- 2020: Revenue of $2.9M, expenses of $744K, and assets of $4.9M (revenue +526.1% year-over-year).
- 2019: Revenue of $457K, expenses of $703K, and assets of $2.8M (revenue -35.9% year-over-year).
- 2015: Revenue of $712K, expenses of $446K, and assets of $2.9M (revenue +33.1% year-over-year).
- 2014: Revenue of $535K, expenses of $325K, and assets of $2.6M (revenue +12.3% year-over-year).
- 2013: Revenue of $476K, expenses of $134K, and assets of $2.4M (revenue +23.1% year-over-year).
- 2012: Revenue of $387K, expenses of $139K, and assets of $2.1M (revenue -15.2% year-over-year).
- 2011: Revenue of $456K, expenses of $90K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for G Zachary Gund Foundation:
Data Sources and Methodology
This transparency report for G Zachary Gund Foundation 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.