Galleria Woods Foundation
Galleria Woods Foundation operates on a very small scale with minimal revenue and expenses, consistently reporting zero officer compensation.
EIN: 208898079 · Birmingham, AL · NTEE: P75 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $24K |
| Total Expenses | $9K |
| Program Spending | 90% |
| Net Assets | $11K |
| Transparency Score | 85/100 |
Is Galleria Woods Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Galleria Woods Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Galleria Woods Foundation
Galleria Woods Foundation (EIN: 208898079) is a nonprofit organization based in Birmingham, AL, classified under NTEE code P75. The organization reported total revenue of $24K and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Galleria Woods Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Galleria Woods Foundation is a micro nonprofit that has been operating for 18 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $9K |
| Surplus / Deficit | $-1,130 |
| Total Assets | $11K |
| Total Liabilities | $1 |
| Net Assets | $11K |
| Operating Margin | -14.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 14.5 months |
Financial Health Grade: B
In 2022, Galleria Woods Foundation reported a deficit of $1K with expenses exceeding revenue, holds 14.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2022), Galleria Woods Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +117.2% | +309.0% | -9.3% |
| 2021 | +86.8% | +25.6% | +13.5% |
| 2020 | -64.1% | -72.8% | +1.8% |
| 2019 | -14.7% | +34.1% | +7.8% |
| 2015 | +51.8% | -0.3% | +19.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Galleria Woods 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, Galleria Woods 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is excellent for an organization of this size, indicating that all revenue is directed towards its mission or operational costs rather than executive salaries.
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 Galleria Woods Foundation's IRS 990 filings:
- Consistent $1 reported liabilities across all filings, which is unusual and may indicate simplified reporting rather than actual financial status.
Strengths
The following positive indicators were identified for Galleria Woods Foundation:
- Consistently reports 0% officer compensation, indicating efficient use of funds for a small organization.
- Very low administrative overhead due to lack of executive salaries and fundraising expenses.
- Assets have shown modest growth over time, from $8,152 in 2014 to $19,347 currently, suggesting some financial stability.
Frequently Asked Questions about Galleria Woods Foundation
Is Galleria Woods Foundation a legitimate charity?
Galleria Woods Foundation (EIN: 208898079) is a registered tax-exempt nonprofit based in Alabama. Our AI analysis gives it a Mission Score of 85/100. It has 9 years of IRS 990 filings on record. Total revenue: $24K. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Galleria Woods Foundation spend its money?
Galleria Woods Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Galleria Woods Foundation tax-deductible?
Galleria Woods Foundation is registered as a tax-exempt nonprofit (EIN: 208898079). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Galleria Woods Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Galleria Woods Foundation is above average for NTEE category P75 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Galleria Woods Foundation located?
Galleria Woods Foundation is headquartered in Birmingham, Alabama and files with the IRS under EIN 208898079. It is classified under NTEE code P75.
How many years of IRS 990 filings does Galleria Woods Foundation have?
Galleria Woods 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 $24K in total revenue.
Is Galleria Woods Foundation a good charity?
Based on the available IRS 990 data, Galleria Woods Foundation appears to be a very small, volunteer-run or minimally staffed organization given its consistent zero officer compensation. Its financial activity is very limited, with revenues and expenses typically in the low thousands. While its program spending ratio appears high due to the lack of officer compensation and fundraising expenses, its overall impact is likely constrained by its small financial scale.
What is the primary source of Galleria Woods Foundation's funding?
The provided data does not specify the primary source of funding beyond 'Revenue'. Given its small scale and NTEE code (P75 - Senior Centers), it's plausible that funding comes from small donations, grants, or community support, but this cannot be confirmed from the summary data.
Why are liabilities consistently reported as $1?
The consistent reporting of $1 in liabilities across all filings is unusual for any organization. It might indicate a simplified reporting method for very small organizations, or that the organization genuinely has negligible financial obligations. However, it's a data point that could benefit from clarification if more detailed financial statements were available.
Filing History
IRS 990 filing history for Galleria Woods Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Galleria Woods Foundation's revenue has grown by 69.4%, moving from $5K to $8K. Total assets increased by 4.6% over the same period, from $10K to $11K. Total functional expenses rose by 66.3%, from $5K to $9K. In its most recent filing year (2022), Galleria Woods Foundation reported a deficit of $1K, with expenses exceeding revenue. The organization holds $1 in liabilities against $11K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $11K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $8K | $9K | $11K | $1 | — | — |
| 2021 | $4K | $2K | $12K | $1 | — | — |
| 2020 | $2K | $2K | $11K | $1 | — | View 990 |
| 2019 | $5K | $6K | $10K | $1 | — | View 990 |
| 2015 | $6K | $5K | $10K | $1 | — | View 990 |
| 2014 | $4K | $5K | $8K | $1 | — | View 990 |
| 2013 | $3K | $4K | $9K | $1 | — | View 990 |
| 2012 | $4K | $5K | $9K | $1 | — | View 990 |
| 2011 | $5K | $5K | $10K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $8K, expenses of $9K, and assets of $11K (revenue +117.2% year-over-year).
- 2021: Revenue of $4K, expenses of $2K, and assets of $12K (revenue +86.8% year-over-year).
- 2020: Revenue of $2K, expenses of $2K, and assets of $11K (revenue -64.1% year-over-year).
- 2019: Revenue of $5K, expenses of $6K, and assets of $10K (revenue -14.7% year-over-year).
- 2015: Revenue of $6K, expenses of $5K, and assets of $10K (revenue +51.8% year-over-year).
- 2014: Revenue of $4K, expenses of $5K, and assets of $8K (revenue +27.8% year-over-year).
- 2013: Revenue of $3K, expenses of $4K, and assets of $9K (revenue -9.7% year-over-year).
- 2012: Revenue of $4K, expenses of $5K, and assets of $9K (revenue -22.1% year-over-year).
- 2011: Revenue of $5K, expenses of $5K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Galleria Woods Foundation:
Data Sources and Methodology
This transparency report for Galleria Woods 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.