George E Gordy Family Educational Trust Fund
George E Gordy Family Educational Trust Fund: Consistent Spending, Minimal Programs
EIN: 222561832 · Wilmington, DE · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $189K |
| Total Expenses | $70K |
| CEO/Top Officer Pay | $0 |
| Net Assets | $1.2M |
| Transparency Score | 25/100 |
Is George E Gordy Family Educational Trust Fund Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About George E Gordy Family Educational Trust Fund
George E Gordy Family Educational Trust Fund (EIN: 222561832) is a nonprofit organization based in Wilmington, DE. The organization reported total revenue of $189K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of George E Gordy Family Educational Trust Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
George E Gordy Family Educational Trust Fund is a small nonprofit that has been operating for 41 years, with 9 years of IRS 990 filings on record (2012–2024).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -112.6% | -6.9% | -6.0% |
| 2023 | -89.1% | -8.1% | -2.8% |
| 2022 | +263.1% | +7.1% | +25.2% |
| 2021 | +304.9% | -8.5% | +1.8% |
| 2020 | -64.9% | +11.8% | +3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 George E Gordy Family Educational Trust Fund with a Mission Score of 25 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, George E Gordy Family Educational Trust Fund allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is not reported, as the trust consistently reports $0 on line 15 (Salaries, other compensation, employee benefits) across all available filings.
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 George E Gordy Family Educational Trust Fund's IRS 990 filings:
- Zero program service expenses reported in all available years, indicating no direct charitable activities.
- All reported expenses are administrative, raising questions about the trust's operational efficiency and direct impact.
- The trust consistently reports 0% charitable contributions (line 13), suggesting no grants to other organizations.
Strengths
The following positive indicators were identified for George E Gordy Family Educational Trust Fund:
- Consistent financial reporting over multiple years.
- No reported fundraising expenses, indicating low overhead in that area.
Frequently Asked Questions about George E Gordy Family Educational Trust Fund
Is George E Gordy Family Educational Trust Fund a legitimate charity?
George E Gordy Family Educational Trust Fund (EIN: 222561832) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 25/100. It has 9 years of IRS 990 filings on record. Total revenue: $189K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does George E Gordy Family Educational Trust Fund spend its money?
George E Gordy Family Educational Trust Fund reported $189K 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 George E Gordy Family Educational Trust Fund tax-deductible?
George E Gordy Family Educational Trust Fund is registered as a tax-exempt nonprofit (EIN: 222561832). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the George E Gordy Family Educational Trust Fund CEO make?
George E Gordy Family Educational Trust Fund's highest-compensated officer earns $0 annually. The organization reported $189K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is George E Gordy Family Educational Trust Fund located?
George E Gordy Family Educational Trust Fund is headquartered in Wilmington, Delaware and files with the IRS under EIN 222561832.
How many years of IRS 990 filings does George E Gordy Family Educational Trust Fund have?
George E Gordy Family Educational Trust Fund 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 $189K in total revenue.
What does George E Gordy Family Educational Trust Fund do?
George E Gordy Family Educational Trust Fund is a nonprofit organization in the Unknown sector, located in Wilmington, Delaware. It is classified under NTEE code Unknown.
How much revenue does George E Gordy Family Educational Trust Fund have?
George E Gordy Family Educational Trust Fund reported total revenue of $189,395. Based on 9 IRS 990 filings on record.
What are George E Gordy Family Educational Trust Fund's total assets?
George E Gordy Family Educational Trust Fund holds total assets of $1,181,313 as reported in IRS 990 filings.
Where is George E Gordy Family Educational Trust Fund located?
George E Gordy Family Educational Trust Fund is based in Wilmington, Delaware.
What is George E Gordy Family Educational Trust Fund's EIN?
George E Gordy Family Educational Trust Fund's Employer Identification Number (EIN) is 222561832. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is George E Gordy Family Educational Trust Fund?
George E Gordy Family Educational Trust Fund is classified under NTEE code Unknown (Unknown).
Is George E Gordy Family Educational Trust Fund a registered 501(c)(3)?
George E Gordy Family Educational Trust Fund appears in IRS records (EIN: 222561832). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does George E Gordy Family Educational Trust Fund file IRS Form 990?
Yes, George E Gordy Family Educational Trust Fund has 9 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was George E Gordy Family Educational Trust Fund's revenue in 2024?
In the 202406 filing period, George E Gordy Family Educational Trust Fund reported total revenue of $-4,740, total expenses of $70,201, and net assets of $1,177,858.
Is George E Gordy Family Educational Trust Fund's revenue growing or declining?
George E Gordy Family Educational Trust Fund's revenue is declining. Revenue went from $37,544 (202306) to $-4,740 (202406), a -112.6% change. Based on 9 filings on record.
What is George E Gordy Family Educational Trust Fund's most recent 990 filing?
The most recent IRS Form 990 filing for George E Gordy Family Educational Trust Fund covers tax period 202406. It shows revenue of $-4,740, expenses of $70,201, total assets of $1,177,858, and liabilities of $1.
Is George E Gordy Family Educational Trust Fund a trustworthy charity?
Based on AI analysis of IRS 990 data, George E Gordy Family Educational Trust Fund has notable concerns. Mission Score: 25/100 (Poor). 3 red flags identified. 2 strengths noted.
What are the red flags for George E Gordy Family Educational Trust Fund?
The following concerns were identified: Zero program service expenses reported in all available years, indicating no direct charitable activities.. All reported expenses are administrative, raising questions about the trust's operational efficiency and direct impact.. The trust consistently reports 0% charitable contributions (line 13), suggesting no grants to other organizations.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are George E Gordy Family Educational Trust Fund's strengths?
Positive indicators for George E Gordy Family Educational Trust Fund include: Consistent financial reporting over multiple years.. No reported fundraising expenses, indicating low overhead in that area.. These findings are derived from AI analysis of the organization's financial filings.
How does George E Gordy Family Educational Trust Fund compensate executives?
Executive compensation is not reported, as the trust consistently reports $0 on line 15 (Salaries, other compensation, employee benefits) across all available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 0% program service expenses and 100% administrative expenses, how does the George E Gordy Family Educational Trust Fund fulfill its educational mission?
The available data suggests the trust does not directly engage in program services or make charitable contributions. Its 'educational' mission, if active, is not reflected in direct spending on programs or grants to educational institutions based on the provided financial filings.
Filing History
IRS 990 filing history for George E Gordy Family Educational Trust Fund showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2024), George E Gordy Family Educational Trust Fund's revenue has declined by 121.8%, moving from $22K to $-4,740. Total assets increased by 17.8% over the same period, from $999K to $1.2M. Total functional expenses fell by 45.1%, from $128K to $70K. The organization holds $1 in liabilities against $1.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $-4,740 | $70K | $1.2M | $1 | — | View 990 |
| 2023 | $38K | $75K | $1.3M | $1 | — | View 990 |
| 2022 | $345K | $82K | $1.3M | $1 | — | View 990 |
| 2021 | $95K | $77K | $1.0M | $1 | — | View 990 |
| 2020 | $23K | $84K | $1.0M | $0 | — | View 990 |
| 2015 | $67K | $75K | $979K | $0 | — | View 990 |
| 2014 | $83K | $84K | $984K | $0 | — | View 990 |
| 2013 | $66K | $70K | $994K | $0 | — | View 990 |
| 2012 | $22K | $128K | $999K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $-4,740, expenses of $70K, and assets of $1.2M (revenue -112.6% year-over-year).
- 2023: Revenue of $38K, expenses of $75K, and assets of $1.3M (revenue -89.1% year-over-year).
- 2022: Revenue of $345K, expenses of $82K, and assets of $1.3M (revenue +263.1% year-over-year).
- 2021: Revenue of $95K, expenses of $77K, and assets of $1.0M (revenue +304.9% year-over-year).
- 2020: Revenue of $23K, expenses of $84K, and assets of $1.0M (revenue -64.9% year-over-year).
- 2015: Revenue of $67K, expenses of $75K, and assets of $979K (revenue -19.1% year-over-year).
- 2014: Revenue of $83K, expenses of $84K, and assets of $984K (revenue +24.6% year-over-year).
- 2013: Revenue of $66K, expenses of $70K, and assets of $994K (revenue +204.4% year-over-year).
- 2012: Revenue of $22K, expenses of $128K, and assets of $999K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for George E Gordy Family Educational Trust Fund:
Data Sources and Methodology
This transparency report for George E Gordy Family Educational Trust Fund 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.