Garvin Gate Association Inc
EIN: 611148800 · Louisville, KY · NTEE: S22
| Metric | Value |
|---|---|
| Total Revenue | $67K |
| Total Expenses | $52K |
| Net Assets | $19K |
Is Garvin Gate Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Garvin Gate Association Inc
Garvin Gate Association Inc (EIN: 611148800) is a nonprofit organization based in Louisville, KY, classified under NTEE code S22. The organization reported total revenue of $67K and total assets of $51K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Garvin Gate Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Garvin Gate Association Inc is a micro nonprofit that has been operating for 10 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $43K |
| Total Expenses | $52K |
| Surplus / Deficit | $-8,465 |
| Total Assets | $19K |
| Net Assets | $19K |
| Operating Margin | -19.6% |
| Months of Reserves | 4.3 months |
Financial Health Grade: B
In 2023, Garvin Gate Association Inc reported a deficit of $8K with expenses exceeding revenue, holds 4.3 months of operating reserves (adequate).
Financial Trends
Over 9 years of filings (2015–2023), Garvin Gate Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.0% | +17.0% | -31.2% |
| 2022 | +11.2% | +100.4% | -25.6% |
| 2021 | +2238.6% | +190.3% | +34.0% |
| 2020 | -97.9% | -87.7% | -18.7% |
| 2019 | -19.2% | -15.4% | +4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Garvin Gate Association 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 Garvin Gate Association 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
Frequently Asked Questions about Garvin Gate Association Inc
Is Garvin Gate Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Garvin Gate Association Inc (EIN: 611148800) insufficient data. 0 red flags identified, 0 strengths noted.
How does Garvin Gate Association Inc spend its money?
Detailed spending breakdown data is not yet available for Garvin Gate Association Inc. Check back for updated IRS 990 analysis.
Are donations to Garvin Gate Association Inc tax-deductible?
Garvin Gate Association Inc is registered as a tax-exempt nonprofit (EIN: 611148800). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Garvin Gate Association Inc located?
Garvin Gate Association Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 611148800. It is classified under NTEE code S22.
How many years of IRS 990 filings does Garvin Gate Association Inc have?
Garvin Gate Association Inc 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 $67K in total revenue.
Filing History
IRS 990 filing history for Garvin Gate Association Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Garvin Gate Association Inc's revenue has declined by 37.5%, moving from $69K to $43K. Total assets decreased by 70.1% over the same period, from $63K to $19K. Total functional expenses fell by 14.6%, from $60K to $52K. In its most recent filing year (2023), Garvin Gate Association Inc reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $43K | $52K | $19K | $0 | — | — |
| 2022 | $35K | $44K | $27K | $0 | — | View 990 |
| 2021 | $31K | $22K | $36K | $0 | — | — |
| 2020 | $1K | $8K | $27K | $0 | — | — |
| 2019 | $63K | $61K | $33K | $0 | — | View 990 |
| 2018 | $78K | $73K | $32K | $0 | — | View 990 |
| 2017 | $84K | $126K | $27K | $0 | — | View 990 |
| 2016 | $78K | $72K | $68K | $0 | — | View 990 |
| 2015 | $69K | $60K | $63K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $43K, expenses of $52K, and assets of $19K (revenue +24.0% year-over-year).
- 2022: Revenue of $35K, expenses of $44K, and assets of $27K (revenue +11.2% year-over-year).
- 2021: Revenue of $31K, expenses of $22K, and assets of $36K (revenue +2238.6% year-over-year).
- 2020: Revenue of $1K, expenses of $8K, and assets of $27K (revenue -97.9% year-over-year).
- 2019: Revenue of $63K, expenses of $61K, and assets of $33K (revenue -19.2% year-over-year).
- 2018: Revenue of $78K, expenses of $73K, and assets of $32K (revenue -7.9% year-over-year).
- 2017: Revenue of $84K, expenses of $126K, and assets of $27K (revenue +8.9% year-over-year).
- 2016: Revenue of $78K, expenses of $72K, and assets of $68K (revenue +12.4% year-over-year).
- 2015: Revenue of $69K, expenses of $60K, and assets of $63K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Garvin Gate Association Inc:
Data Sources and Methodology
This transparency report for Garvin Gate Association 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.