Gerald C Fox Foundation
EIN: 311802268 · Minneapolis, MN · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $701K |
| Total Expenses | $664K |
| Net Assets | $-1,289,187 |
Is Gerald C Fox Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gerald C Fox Foundation
Gerald C Fox Foundation (EIN: 311802268) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code T20. The organization reported total revenue of $701K and total assets of $366K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gerald C Fox Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gerald C Fox Foundation is a small nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 182.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $256K |
| Total Expenses | $664K |
| Surplus / Deficit | $-408,331 |
| Total Assets | $850K |
| Total Liabilities | $2.1M |
| Net Assets | $-1,289,187 |
| Operating Margin | -159.8% |
| Debt-to-Asset Ratio | 251.6% |
| Months of Reserves | 15.4 months |
Financial Health Grade: C
In 2023, Gerald C Fox Foundation reported a deficit of $408K with expenses exceeding revenue, holds 15.4 months of operating reserves (strong position), has a debt-to-asset ratio of 251.6% (high leverage).
Financial Trends
Over 10 years of filings (2011–2023), Gerald C Fox Foundation's revenue has grown at a compound annual growth rate (CAGR) of 182.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25556600.0% | +46.0% | +237.9% |
| 2022 | +0.0% | -7.4% | +1413.1% |
| 2021 | +0.0% | -45.6% | -85.1% |
| 2020 | -100.0% | +102.3% | +288.7% |
| 2019 | +105.0% | +395.3% | -64.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gerald C Fox 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 Gerald C Fox 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $408K, with expenses exceeding revenue.
- Debt-to-asset ratio: 251.6%.
Frequently Asked Questions about Gerald C Fox Foundation
Is Gerald C Fox Foundation a legitimate charity?
Gerald C Fox Foundation (EIN: 311802268) is a registered tax-exempt nonprofit based in Minnesota. It has 10 years of IRS 990 filings on record. Total revenue: $701K. No red flags identified. Financial health grade: C.
How does Gerald C Fox Foundation spend its money?
Gerald C Fox Foundation reported $701K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Gerald C Fox Foundation tax-deductible?
Gerald C Fox Foundation is registered as a tax-exempt nonprofit (EIN: 311802268). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gerald C Fox Foundation located?
Gerald C Fox Foundation is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 311802268. It is classified under NTEE code T20.
How many years of IRS 990 filings does Gerald C Fox Foundation have?
Gerald C Fox Foundation has 10 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 $701K in total revenue.
Filing History
IRS 990 filing history for Gerald C Fox Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Gerald C Fox Foundation's revenue has grown by 25556600%, moving from $1 to $256K. Total assets increased by 85040500% over the same period, from $1 to $850K. In its most recent filing year (2023), Gerald C Fox Foundation reported a deficit of $408K, with expenses exceeding revenue. The organization holds $2.1M in liabilities against $850K in assets (debt-to-asset ratio: 251.6%), resulting in net assets of $-1,289,187.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $256K | $664K | $850K | $2.1M | — | View 990 |
| 2022 | $1 | $455K | $252K | $2.7M | — | View 990 |
| 2021 | $1 | $491K | $17K | $2.0M | — | View 990 |
| 2020 | $1 | $902K | $112K | $1.6M | — | — |
| 2019 | $205K | $446K | $29K | $615K | — | View 990 |
| 2015 | $100K | $90K | $80K | $1 | — | View 990 |
| 2014 | $100K | $65K | $70K | $1 | — | View 990 |
| 2013 | $100K | $65K | $35K | $1 | — | View 990 |
| 2012 | $1 | $0 | $1 | $0 | — | View 990 |
| 2011 | $1 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $256K, expenses of $664K, and assets of $850K (revenue +25556600.0% year-over-year).
- 2022: Revenue of $1, expenses of $455K, and assets of $252K (revenue +0.0% year-over-year).
- 2021: Revenue of $1, expenses of $491K, and assets of $17K (revenue +0.0% year-over-year).
- 2020: Revenue of $1, expenses of $902K, and assets of $112K (revenue -100.0% year-over-year).
- 2019: Revenue of $205K, expenses of $446K, and assets of $29K (revenue +105.0% year-over-year).
- 2015: Revenue of $100K, expenses of $90K, and assets of $80K (revenue +0.0% year-over-year).
- 2014: Revenue of $100K, expenses of $65K, and assets of $70K (revenue -0.3% year-over-year).
- 2013: Revenue of $100K, expenses of $65K, and assets of $35K (revenue +10029900.0% 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 Gerald C Fox Foundation:
Data Sources and Methodology
This transparency report for Gerald C Fox 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.