George W Strickland Jr Foundationinc
George W Strickland Jr Foundationinc shows fluctuating revenue and consistent operational deficits in recent years, maintaining a substantial asset base.
EIN: 203896627 · Valdosta, GA · NTEE: T22 · Updated: 2026-03-28
Is George W Strickland Jr Foundationinc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
George W Strickland Jr Foundationinc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About George W Strickland Jr Foundationinc
George W Strickland Jr Foundationinc (EIN: 203896627) is a nonprofit organization based in Valdosta, GA, classified under NTEE code T22. The organization reported total revenue of $12.8M and total assets of $26.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of George W Strickland Jr Foundationinc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
George W Strickland Jr Foundationinc is a large nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 245.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$553K |
| Total Assets | $26.5M |
| Total Liabilities | $1 |
| Net Assets | $26.5M |
| Operating Margin | 18.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 133.7 months |
Financial Health Grade: A
In 2023, George W Strickland Jr Foundationinc reported a surplus of $553K with revenue exceeding expenses, holds 133.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), George W Strickland Jr Foundationinc's revenue has grown at a compound annual growth rate (CAGR) of 245.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +277.4% | -34.3% | +1.2% |
| 2022 | -62.6% | +27.7% | -10.4% |
| 2021 | +428.4% | +19.3% | -3.6% |
| 2020 | -36.1% | -9.6% | -5.9% |
| 2019 | +61583400.0% | — | +3223359400.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 W Strickland Jr Foundationinc with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, George W Strickland Jr Foundationinc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 surplus of $553K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization with over $26 million in assets and millions in annual expenses.
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 W Strickland Jr Foundationinc's IRS 990 filings:
- Consistent operational deficits from 2019-2022, where expenses significantly outpaced revenue.
- Unexplained nominal $1 revenue/assets/expenses reported for multiple years (2011-2015), suggesting potential data inconsistencies or a period of inactivity.
- Significant decline in assets from $32.2 million in 2019 to $26.5 million in 2023, likely due to covering operational deficits.
Strengths
The following positive indicators were identified for George W Strickland Jr Foundationinc:
- Substantial asset base of over $26 million provides financial stability.
- 0% reported officer compensation across all filings, indicating a commitment to minimizing executive overhead.
- Consistent filing of IRS Form 990s, demonstrating transparency in financial reporting.
Frequently Asked Questions about George W Strickland Jr Foundationinc
Is George W Strickland Jr Foundationinc a legitimate charity?
Based on AI analysis of IRS 990 filings, George W Strickland Jr Foundationinc (EIN: 203896627) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does George W Strickland Jr Foundationinc spend its money?
George W Strickland Jr Foundationinc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to George W Strickland Jr Foundationinc tax-deductible?
George W Strickland Jr Foundationinc is registered as a tax-exempt nonprofit (EIN: 203896627). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why did the organization report $1 in revenue and assets for multiple years (2011-2015)?
The filings from 2011 to 2015 show nominal $1 revenue, expenses, and assets, which is highly unusual and suggests either a period of dormancy or a specific reporting anomaly that warrants further investigation to understand the organization's activities during those years.
How does the organization sustain operations with consistent expense-to-revenue deficits in recent years?
From 2019 to 2022, expenses consistently exceeded revenue (e.g., 202212: Revenue $777,503, Expenses $3,626,057). This suggests the organization is drawing from its substantial asset base to cover operational costs, which is not sustainable long-term without significant revenue growth or expense reduction.
What is the nature of the organization's programs given the NTEE code T22 (Foundations & Fund Raising Organizations)?
The NTEE code T22 indicates the organization is primarily a foundation or involved in fundraising. Further details on specific grantmaking or programmatic activities would be needed to fully assess its direct impact, as the financial data primarily reflects its operational and investment activities.
Filing History
IRS 990 filing history for George W Strickland Jr Foundationinc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), George W Strickland Jr Foundationinc's revenue has grown by 293461300%, moving from $1 to $2.9M. Total assets increased by 2652411100% over the same period, from $1 to $26.5M. In its most recent filing year (2023), George W Strickland Jr Foundationinc reported a surplus of $553K, with revenue exceeding expenses. The organization holds $1 in liabilities against $26.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $26.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $2.4M | $26.5M | $1 | — | View 990 |
| 2022 | $778K | $3.6M | $26.2M | $46K | — | View 990 |
| 2021 | $2.1M | $2.8M | $29.2M | $612 | — | View 990 |
| 2020 | $393K | $2.4M | $30.3M | $612 | — | View 990 |
| 2019 | $616K | $2.6M | $32.2M | $36K | — | View 990 |
| 2015 | $1 | $0 | $1 | $1 | — | View 990 |
| 2014 | $1 | $0 | $1 | $1 | — | View 990 |
| 2013 | $1 | $0 | $1 | $1 | — | View 990 |
| 2012 | $1 | $0 | $1 | $1 | — | View 990 |
| 2011 | $1 | $0 | $1 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $2.4M, and assets of $26.5M (revenue +277.4% year-over-year).
- 2022: Revenue of $778K, expenses of $3.6M, and assets of $26.2M (revenue -62.6% year-over-year).
- 2021: Revenue of $2.1M, expenses of $2.8M, and assets of $29.2M (revenue +428.4% year-over-year).
- 2020: Revenue of $393K, expenses of $2.4M, and assets of $30.3M (revenue -36.1% year-over-year).
- 2019: Revenue of $616K, expenses of $2.6M, and assets of $32.2M (revenue +61583400.0% year-over-year).
- 2015: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2014: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2013: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2012: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2011: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for George W Strickland Jr Foundationinc:
Data Sources and Methodology
This transparency report for George W Strickland Jr Foundationinc 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.