Giddens Foundation
Giddens Foundation faces recurring operational deficits despite consistent asset base and zero officer compensation.
EIN: 204008005 · Edmond, OK · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $85K |
| Total Expenses | $44K |
| Program Spending | 85% |
| Net Assets | $167K |
| Transparency Score | 75/100 |
Is Giddens Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Giddens Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Giddens Foundation
Giddens Foundation (EIN: 204008005) is a nonprofit organization based in Edmond, OK, classified under NTEE code T22. The organization reported total revenue of $85K and total assets of $171K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Giddens Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Giddens Foundation is a micro 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 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $29K |
| Total Expenses | $44K |
| Surplus / Deficit | $-15,074 |
| Total Assets | $167K |
| Total Liabilities | $1 |
| Net Assets | $167K |
| Operating Margin | -52.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 45.7 months |
Financial Health Grade: B
In 2023, Giddens Foundation reported a deficit of $15K with expenses exceeding revenue, holds 45.7 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), Giddens Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -47.2% | -3.6% | -8.3% |
| 2022 | -3.3% | -38.3% | +5.2% |
| 2021 | +48.4% | +1040.4% | -9.1% |
| 2020 | -0.9% | -30.1% | +19.8% |
| 2019 | +418.5% | -62.4% | +51.4% |
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 Giddens Foundation with a Mission Score of 75 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: 85%
- fundraising: 0%
According to IRS 990 filings, Giddens Foundation allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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 $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are not drawing salaries, which is highly commendable for a foundation of its size.
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 Giddens Foundation's IRS 990 filings:
- Recurring operational deficits (e.g., $28,673 revenue vs. $43,747 expenses in 202312)
- Inconsistent revenue streams over the past decade
- Expenses exceeding revenue in the last three reported periods (2021-2023)
Strengths
The following positive indicators were identified for Giddens Foundation:
- Consistent IRS 990 filing history, indicating transparency
- Zero officer compensation reported across all filings
- Maintains a healthy asset base relative to annual revenue
- Low liabilities ($1 in recent years)
Frequently Asked Questions about Giddens Foundation
Is Giddens Foundation a legitimate charity?
Giddens Foundation (EIN: 204008005) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $85K. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Giddens Foundation spend its money?
Giddens Foundation directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Giddens Foundation tax-deductible?
Giddens Foundation is registered as a tax-exempt nonprofit (EIN: 204008005). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Giddens Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Giddens Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Giddens Foundation located?
Giddens Foundation is headquartered in Edmond, Oklahoma and files with the IRS under EIN 204008005. It is classified under NTEE code T22.
How many years of IRS 990 filings does Giddens Foundation have?
Giddens 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 $85K in total revenue.
Is Giddens Foundation a good charity?
Based on the available data, Giddens Foundation exhibits strong transparency and a commitment to not paying executive compensation. However, its recurring operational deficits (e.g., $28,673 revenue vs. $43,747 expenses in 202312) suggest potential financial instability that could impact its long-term grantmaking capacity. Its 'goodness' depends on the impact of its grants, which is not detailed here.
How does Giddens Foundation manage its expenses?
The foundation's expenses have fluctuated significantly, from a low of $4,000 in 201312 to a high of $73,554 in 202112. In recent years (2021-2023), expenses have consistently exceeded revenue, indicating a reliance on existing assets or prior year surpluses to cover operational costs.
What is the trend of Giddens Foundation's revenue?
Revenue for Giddens Foundation has been inconsistent, ranging from $240 in 201312 to $56,207 in 202112. The latest reported revenue of $28,673 (202312) is lower than the previous two periods, suggesting a downward trend in recent income.
Does Giddens Foundation have sufficient assets?
With assets of $170,749 and latest annual revenue of $85,346, the foundation holds approximately two years of its latest revenue in assets. While this provides a buffer, the recurring deficits could gradually erode this asset base if not addressed.
Filing History
IRS 990 filing history for Giddens Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Giddens Foundation's revenue has grown by 116.4%, moving from $13K to $29K. Total assets increased by 22.3% over the same period, from $136K to $167K. Total functional expenses rose by 137.3%, from $18K to $44K. In its most recent filing year (2023), Giddens Foundation reported a deficit of $15K, with expenses exceeding revenue. The organization holds $1 in liabilities against $167K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $167K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $29K | $44K | $167K | $1 | — | — |
| 2022 | $54K | $45K | $182K | $1 | — | View 990 |
| 2021 | $56K | $74K | $173K | $1 | — | — |
| 2020 | $38K | $6K | $190K | $1 | — | View 990 |
| 2019 | $38K | $9K | $159K | $0 | — | View 990 |
| 2015 | $7K | $25K | $105K | $0 | — | View 990 |
| 2014 | $9K | $12K | $122K | $0 | — | View 990 |
| 2013 | $240 | $4K | $125K | $0 | — | View 990 |
| 2012 | $268 | $7K | $129K | $0 | — | View 990 |
| 2011 | $13K | $18K | $136K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $29K, expenses of $44K, and assets of $167K (revenue -47.2% year-over-year).
- 2022: Revenue of $54K, expenses of $45K, and assets of $182K (revenue -3.3% year-over-year).
- 2021: Revenue of $56K, expenses of $74K, and assets of $173K (revenue +48.4% year-over-year).
- 2020: Revenue of $38K, expenses of $6K, and assets of $190K (revenue -0.9% year-over-year).
- 2019: Revenue of $38K, expenses of $9K, and assets of $159K (revenue +418.5% year-over-year).
- 2015: Revenue of $7K, expenses of $25K, and assets of $105K (revenue -18.3% year-over-year).
- 2014: Revenue of $9K, expenses of $12K, and assets of $122K (revenue +3657.9% year-over-year).
- 2013: Revenue of $240, expenses of $4K, and assets of $125K (revenue -10.4% year-over-year).
- 2012: Revenue of $268, expenses of $7K, and assets of $129K (revenue -98.0% year-over-year).
- 2011: Revenue of $13K, expenses of $18K, and assets of $136K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Giddens Foundation:
Data Sources and Methodology
This transparency report for Giddens 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.