Gary D Millen Foundation
Gary D Millen Foundation shows declining revenue and minimal expenses in recent years, with no officer compensation.
EIN: 205532243 · Intervale, NH · NTEE: B112 · Updated: 2026-03-28
Is Gary D Millen Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gary D Millen Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gary D Millen Foundation
Gary D Millen Foundation (EIN: 205532243) is a nonprofit organization based in Intervale, NH, classified under NTEE code B112. The organization reported total revenue of $1K and total assets of $10K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gary D Millen Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gary D Millen Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Gary D Millen Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly efficient for an organization of this size.
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 Gary D Millen Foundation's IRS 990 filings:
- Significant decline in revenue and activity since 2017
- Highly fluctuating annual expenses, making consistent financial planning unclear
Strengths
The following positive indicators were identified for Gary D Millen Foundation:
- Consistent reporting of zero officer compensation, indicating high efficiency in leadership costs
- No reported liabilities across all filing periods, showing financial stability
- Maintains a positive asset balance relative to its revenue, even with fluctuations
Frequently Asked Questions about Gary D Millen Foundation
Is Gary D Millen Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Gary D Millen Foundation (EIN: 205532243) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Gary D Millen Foundation spend its money?
Gary D Millen Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gary D Millen Foundation tax-deductible?
Gary D Millen Foundation is registered as a tax-exempt nonprofit (EIN: 205532243). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the primary purpose of the Gary D Millen Foundation?
Based on the NTEE code B112 (Private Grantmaking Foundations), the primary purpose is likely to provide grants to other organizations or individuals, rather than direct program services.
Why has the foundation's revenue significantly decreased since 2017?
Revenue peaked at $33,522 in 2015 and $21,560 in 2017, but has since dropped to as low as $856 in 2023. This could be due to a change in funding sources, donor contributions, or a shift in the foundation's operational strategy.
Are the low expenses in some years (e.g., $75 in 2021 and 2023) indicative of inactivity?
Extremely low expenses in certain years, especially when revenue is also low, suggest minimal operational activity or very small grant disbursements during those periods.
How does the foundation manage to operate with zero officer compensation?
Operating with zero officer compensation implies that the foundation is run by volunteers or that administrative costs are absorbed by other entities, which is common for very small private foundations.
Filing History
IRS 990 filing history for Gary D Millen Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Gary D Millen Foundation's revenue has declined by 94.6%, moving from $16K to $856. Total assets increased by 171.6% over the same period, from $4K to $10K. Total functional expenses fell by 97.6%, from $3K to $75. In its most recent filing year (2023), Gary D Millen Foundation reported a surplus of $781, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $856 | $75 | $10K | $0 | — | — |
| 2022 | $1K | $9K | $10K | $0 | — | View 990 |
| 2021 | $1K | $75 | $18K | $0 | — | — |
| 2020 | $3K | $575 | $16K | $0 | — | View 990 |
| 2019 | $1K | $9K | $14K | $0 | — | View 990 |
| 2018 | $2K | $1K | $22K | $0 | — | View 990 |
| 2017 | $22K | $19K | $22K | $0 | — | View 990 |
| 2016 | $31K | $27K | $19K | $0 | — | View 990 |
| 2015 | $34K | $29K | $15K | $0 | — | View 990 |
| 2014 | $5K | $127 | $10K | $0 | — | View 990 |
| 2013 | $4K | $3K | $5K | $0 | — | View 990 |
| 2012 | $16K | $3K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $856, expenses of $75, and assets of $10K (revenue -16.8% year-over-year).
- 2022: Revenue of $1K, expenses of $9K, and assets of $10K (revenue -26.0% year-over-year).
- 2021: Revenue of $1K, expenses of $75, and assets of $18K (revenue -44.4% year-over-year).
- 2020: Revenue of $3K, expenses of $575, and assets of $16K (revenue +83.0% year-over-year).
- 2019: Revenue of $1K, expenses of $9K, and assets of $14K (revenue -25.6% year-over-year).
- 2018: Revenue of $2K, expenses of $1K, and assets of $22K (revenue -91.5% year-over-year).
- 2017: Revenue of $22K, expenses of $19K, and assets of $22K (revenue -31.5% year-over-year).
- 2016: Revenue of $31K, expenses of $27K, and assets of $19K (revenue -6.1% year-over-year).
- 2015: Revenue of $34K, expenses of $29K, and assets of $15K (revenue +570.4% year-over-year).
- 2014: Revenue of $5K, expenses of $127, and assets of $10K (revenue +28.9% year-over-year).
- 2013: Revenue of $4K, expenses of $3K, and assets of $5K (revenue -75.4% year-over-year).
- 2012: Revenue of $16K, expenses of $3K, and assets of $4K.
Data Sources and Methodology
This transparency report for Gary D Millen 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.