Gallagher Family Foundation
EIN: 367156974 · Chicago, IL · NTEE: T20Z
| Metric | Value |
|---|---|
| Total Revenue | $901K |
| Total Expenses | $912K |
| Net Assets | $71K |
Is Gallagher Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gallagher Family Foundation
Gallagher Family Foundation (EIN: 367156974) is a nonprofit organization based in Chicago, IL, classified under NTEE code T20Z. The organization reported total revenue of $901K and total assets of $71K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gallagher Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gallagher Family Foundation is a small nonprofit that has been operating for 29 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 27.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $859K |
| Total Expenses | $912K |
| Surplus / Deficit | $-52,372 |
| Total Assets | $71K |
| Total Liabilities | $1 |
| Net Assets | $71K |
| Operating Margin | -6.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 0.9 months |
Financial Health Grade: C
In 2022, Gallagher Family Foundation reported a deficit of $52K with expenses exceeding revenue, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2022), Gallagher Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 27.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +17.4% | +18.6% | -42.6% |
| 2021 | +6.8% | -0.6% | -23.0% |
| 2020 | -10.9% | -4.2% | -35.4% |
| 2019 | +860.3% | +30.7% | -86.7% |
| 2015 | -31.8% | -50.7% | -23.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gallagher Family Foundation 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 Gallagher Family Foundation 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.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $52K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Gallagher Family Foundation
Is Gallagher Family Foundation a legitimate charity?
Gallagher Family Foundation (EIN: 367156974) is a registered tax-exempt nonprofit based in Illinois. It has 9 years of IRS 990 filings on record. Total revenue: $901K. No red flags identified. Financial health grade: C.
How does Gallagher Family Foundation spend its money?
Gallagher Family Foundation reported $901K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Gallagher Family Foundation tax-deductible?
Gallagher Family Foundation is registered as a tax-exempt nonprofit (EIN: 367156974). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gallagher Family Foundation located?
Gallagher Family Foundation is headquartered in Chicago, Illinois and files with the IRS under EIN 367156974. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Gallagher Family Foundation have?
Gallagher Family Foundation has 9 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 $901K in total revenue.
Filing History
IRS 990 filing history for Gallagher Family Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Gallagher Family Foundation's revenue has grown by 1346.8%, moving from $59K to $859K. Total assets decreased by 88.8% over the same period, from $628K to $71K. Total functional expenses rose by 291.8%, from $233K to $912K. In its most recent filing year (2022), Gallagher Family Foundation reported a deficit of $52K, with expenses exceeding revenue. The organization holds $1 in liabilities against $71K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $71K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $859K | $912K | $71K | $1 | — | View 990 |
| 2021 | $732K | $769K | $123K | $1 | — | View 990 |
| 2020 | $686K | $773K | $160K | $1 | — | — |
| 2019 | $770K | $808K | $247K | $1 | — | View 990 |
| 2015 | $80K | $618K | $1.9M | $1 | — | View 990 |
| 2014 | $118K | $1.3M | $2.4M | $1 | — | View 990 |
| 2013 | $543K | $559K | $3.5M | $1 | — | View 990 |
| 2012 | $3.1M | $177K | $3.6M | $0 | — | View 990 |
| 2011 | $59K | $233K | $628K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $859K, expenses of $912K, and assets of $71K (revenue +17.4% year-over-year).
- 2021: Revenue of $732K, expenses of $769K, and assets of $123K (revenue +6.8% year-over-year).
- 2020: Revenue of $686K, expenses of $773K, and assets of $160K (revenue -10.9% year-over-year).
- 2019: Revenue of $770K, expenses of $808K, and assets of $247K (revenue +860.3% year-over-year).
- 2015: Revenue of $80K, expenses of $618K, and assets of $1.9M (revenue -31.8% year-over-year).
- 2014: Revenue of $118K, expenses of $1.3M, and assets of $2.4M (revenue -78.4% year-over-year).
- 2013: Revenue of $543K, expenses of $559K, and assets of $3.5M (revenue -82.5% year-over-year).
- 2012: Revenue of $3.1M, expenses of $177K, and assets of $3.6M (revenue +5125.9% year-over-year).
- 2011: Revenue of $59K, expenses of $233K, and assets of $628K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gallagher Family Foundation:
Data Sources and Methodology
This transparency report for Gallagher Family 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.