Gene And Ros Gans Family Foundation
Gene And Ros Gans Family Foundation's assets have declined by 37% over the last decade as expenses consistently outpace revenue.
EIN: 208084294 · Westport, CT · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $257K |
| Total Expenses | $13K |
| Program Spending | 90% |
| Net Assets | $172K |
| Transparency Score | 65/100 |
Is Gene And Ros Gans Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gene And Ros Gans Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gene And Ros Gans Family Foundation
Gene And Ros Gans Family Foundation (EIN: 208084294) is a nonprofit organization based in Westport, CT, classified under NTEE code T20. The organization reported total revenue of $257K and total assets of $167K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gene And Ros Gans Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gene And Ros Gans Family Foundation is a small nonprofit that has been operating for 19 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $13K |
| Surplus / Deficit | $-9,709 |
| Total Assets | $172K |
| Total Liabilities | $1 |
| Net Assets | $172K |
| Operating Margin | -265.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 154.4 months |
Financial Health Grade: B
In 2023, Gene And Ros Gans Family Foundation reported a deficit of $10K with expenses exceeding revenue, holds 154.4 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 (2012–2023), Gene And Ros Gans Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -70.9% | -13.7% | -5.3% |
| 2022 | +253.4% | -11.2% | -1.6% |
| 2021 | -61.6% | +0.4% | -7.0% |
| 2020 | -22.9% | +11.3% | -22.1% |
| 2016 | +57.2% | -6.3% | -1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Gene And Ros Gans Family Foundation with a Mission Score of 65 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Gene And Ros Gans Family 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all filings, indicating that the foundation's leadership is unpaid, which is a positive for directing more funds to its mission given its small size and declining asset base.
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 Gene And Ros Gans Family Foundation's IRS 990 filings:
- Consistent decline in assets over the past decade, from $273,535 in 2013 to $171,929 in 2023.
- Expenses frequently exceed revenue, indicating a spend-down of principal rather than sustainable growth (e.g., 2023: $13,362 expenses vs. $3,653 revenue).
Strengths
The following positive indicators were identified for Gene And Ros Gans Family Foundation:
- Zero officer compensation reported across all filings, ensuring funds are directed to charitable activities.
- Consistently low liabilities ($1) across all periods, indicating sound financial management regarding debt.
- Consistent filing history (9 filings) demonstrates commitment to transparency and compliance.
Frequently Asked Questions about Gene And Ros Gans Family Foundation
Is Gene And Ros Gans Family Foundation a legitimate charity?
Gene And Ros Gans Family Foundation (EIN: 208084294) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 65/100. It has 9 years of IRS 990 filings on record. Total revenue: $257K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Gene And Ros Gans Family Foundation spend its money?
Gene And Ros Gans Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Gene And Ros Gans Family Foundation tax-deductible?
Gene And Ros Gans Family Foundation is registered as a tax-exempt nonprofit (EIN: 208084294). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Gene And Ros Gans Family Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Gene And Ros Gans Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gene And Ros Gans Family Foundation located?
Gene And Ros Gans Family Foundation is headquartered in Westport, Connecticut and files with the IRS under EIN 208084294. It is classified under NTEE code T20.
How many years of IRS 990 filings does Gene And Ros Gans Family Foundation have?
Gene And Ros Gans 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 $257K in total revenue.
Why have the foundation's assets been consistently declining?
The foundation's assets have declined from $273,535 in 2013 to $171,929 in 2023, primarily because annual expenses have frequently exceeded revenue. For example, in 2023, expenses were $13,362 while revenue was only $3,653, leading to a draw-down from assets.
What is the primary purpose of the Gene And Ros Gans Family Foundation?
Based on its NTEE code T20 (Private Grantmaking Foundations), the primary purpose of the foundation is to make grants to other organizations or individuals for charitable purposes.
Does the foundation pay its officers or directors?
No, the IRS 990 data consistently shows 0% officer compensation across all reported periods, indicating that its leadership is unpaid.
Filing History
IRS 990 filing history for Gene And Ros Gans Family Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Gene And Ros Gans Family Foundation's revenue has declined by 39.4%, moving from $6K to $4K. Total assets increased by 92.8% over the same period, from $89K to $172K. Total functional expenses rose by 102.1%, from $7K to $13K. In its most recent filing year (2023), Gene And Ros Gans Family Foundation reported a deficit of $10K, with expenses exceeding revenue. The organization holds $1 in liabilities against $172K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $172K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4K | $13K | $172K | $1 | — | View 990 |
| 2022 | $13K | $15K | $182K | $1 | — | — |
| 2021 | $4K | $17K | $185K | $1 | — | — |
| 2020 | $9K | $17K | $198K | $1 | — | View 990 |
| 2016 | $12K | $16K | $255K | $1 | — | View 990 |
| 2015 | $8K | $17K | $259K | $1 | — | View 990 |
| 2014 | $4K | $10K | $268K | $1 | — | View 990 |
| 2013 | $191K | $7K | $274K | $1 | — | View 990 |
| 2012 | $6K | $7K | $89K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4K, expenses of $13K, and assets of $172K (revenue -70.9% year-over-year).
- 2022: Revenue of $13K, expenses of $15K, and assets of $182K (revenue +253.4% year-over-year).
- 2021: Revenue of $4K, expenses of $17K, and assets of $185K (revenue -61.6% year-over-year).
- 2020: Revenue of $9K, expenses of $17K, and assets of $198K (revenue -22.9% year-over-year).
- 2016: Revenue of $12K, expenses of $16K, and assets of $255K (revenue +57.2% year-over-year).
- 2015: Revenue of $8K, expenses of $17K, and assets of $259K (revenue +81.3% year-over-year).
- 2014: Revenue of $4K, expenses of $10K, and assets of $268K (revenue -97.8% year-over-year).
- 2013: Revenue of $191K, expenses of $7K, and assets of $274K (revenue +3073.0% year-over-year).
- 2012: Revenue of $6K, expenses of $7K, and assets of $89K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gene And Ros Gans Family Foundation:
Data Sources and Methodology
This transparency report for Gene And Ros Gans 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.