Gaad Foundation Inc
EIN: 863853945 · Henderson, NV · NTEE: P24
Is Gaad Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gaad Foundation Inc
Gaad Foundation Inc (EIN: 863853945) is a nonprofit organization based in Henderson, NV, classified under NTEE code P24. The organization reported total revenue of $116K and total assets of $137K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gaad Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Gaad Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gaad Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Gaad Foundation Inc
Is Gaad Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gaad Foundation Inc (EIN: 863853945) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gaad Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Gaad Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Gaad Foundation Inc tax-deductible?
Gaad Foundation Inc is registered as a tax-exempt nonprofit (EIN: 863853945). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Gaad Foundation Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Gaad Foundation Inc's revenue has declined by 54.2%, moving from $118K to $54K. Total assets increased by 12.2% over the same period, from $89K to $100K. Total functional expenses rose by 22.6%, from $41K to $50K. In its most recent filing year (2023), Gaad Foundation Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $9K in liabilities against $100K in assets (debt-to-asset ratio: 8.9%), resulting in net assets of $91K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $54K | $50K | $100K | $9K | — | — |
| 2022 | $118K | $41K | $89K | $2K | — | View 990 |
Data Sources and Methodology
This transparency report for Gaad 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.