George Gardner Monks Foundation
EIN: 46018033 · Portland, ME
| Metric | Value |
|---|---|
| Total Revenue | $5 |
| Total Expenses | $68K |
| Net Assets | $0 |
Is George Gardner Monks Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About George Gardner Monks Foundation
George Gardner Monks Foundation (EIN: 46018033) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $5 and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of George Gardner Monks Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
George Gardner Monks Foundation is a micro nonprofit that has been operating for 62 years, with 8 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -57.6%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $5 |
| Total Expenses | $68K |
| Surplus / Deficit | $-68,010 |
| Total Assets | $1 |
| Total Liabilities | $1 |
| Net Assets | $0 |
| Operating Margin | -1360200.0% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2021, George Gardner Monks Foundation reported a deficit of $68K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 8 years of filings (2011–2021), George Gardner Monks Foundation's revenue has declined at a compound annual growth rate (CAGR) of -57.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -99.4% | -50.8% | -100.0% |
| 2020 | -99.7% | -3.5% | -66.9% |
| 2019 | +1449.6% | +575.7% | +20543700.0% |
| 2015 | +29481.8% | +213.0% | -99.9% |
| 2014 | -99.1% | -30.6% | -80.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1964 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for George Gardner Monks Foundation 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 George Gardner Monks Foundation 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $68K, with expenses exceeding revenue.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about George Gardner Monks Foundation
Is George Gardner Monks Foundation a legitimate charity?
George Gardner Monks Foundation (EIN: 46018033) is a registered tax-exempt nonprofit based in Maine. It has 8 years of IRS 990 filings on record. Total revenue: $5. No red flags identified. Financial health grade: D.
How does George Gardner Monks Foundation spend its money?
George Gardner Monks Foundation reported $5 in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to George Gardner Monks Foundation tax-deductible?
George Gardner Monks Foundation is registered as a tax-exempt nonprofit (EIN: 46018033). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is George Gardner Monks Foundation located?
George Gardner Monks Foundation is headquartered in Portland, Maine and files with the IRS under EIN 46018033.
How many years of IRS 990 filings does George Gardner Monks Foundation have?
George Gardner Monks Foundation has 8 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 $5 in total revenue.
Filing History
IRS 990 filing history for George Gardner Monks Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2021), George Gardner Monks Foundation's revenue has declined by 100%, moving from $27K to $5. Total assets decreased by 100% over the same period, from $12K to $1. Total functional expenses rose by 135.7%, from $29K to $68K. In its most recent filing year (2021), George Gardner Monks Foundation reported a deficit of $68K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1 in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $5 | $68K | $1 | $1 | — | View 990 |
| 2020 | $831 | $138K | $68K | $1 | — | — |
| 2019 | $303K | $143K | $205K | $1 | — | — |
| 2015 | $20K | $21K | $1 | $1 | — | View 990 |
| 2014 | $66 | $7K | $2K | $1 | — | View 990 |
| 2013 | $7K | $10K | $8K | $1 | — | View 990 |
| 2012 | $38K | $39K | $11K | $0 | — | View 990 |
| 2011 | $27K | $29K | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $5, expenses of $68K, and assets of $1 (revenue -99.4% year-over-year).
- 2020: Revenue of $831, expenses of $138K, and assets of $68K (revenue -99.7% year-over-year).
- 2019: Revenue of $303K, expenses of $143K, and assets of $205K (revenue +1449.6% year-over-year).
- 2015: Revenue of $20K, expenses of $21K, and assets of $1 (revenue +29481.8% year-over-year).
- 2014: Revenue of $66, expenses of $7K, and assets of $2K (revenue -99.1% year-over-year).
- 2013: Revenue of $7K, expenses of $10K, and assets of $8K (revenue -80.5% year-over-year).
- 2012: Revenue of $38K, expenses of $39K, and assets of $11K (revenue +42.4% year-over-year).
- 2011: Revenue of $27K, expenses of $29K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for George Gardner Monks Foundation:
Data Sources and Methodology
This transparency report for George Gardner Monks 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.