Gilford Education Endowmentfoundation
Gilford Education Endowmentfoundation reports zero revenue and assets in its latest filing, following years of modest and fluctuating financial activity.
EIN: 205281380 · Gilford, NH · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $17K |
| Program Spending | 90% |
| Net Assets | $15K |
| Transparency Score | 70/100 |
Is Gilford Education Endowmentfoundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gilford Education Endowmentfoundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gilford Education Endowmentfoundation
Gilford Education Endowmentfoundation (EIN: 205281380) is a nonprofit organization based in Gilford, NH, classified under NTEE code B82. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gilford Education Endowmentfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gilford Education Endowmentfoundation is a micro nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 35.7%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $17K |
| Surplus / Deficit | $-5,749 |
| Total Assets | $15K |
| Net Assets | $15K |
| Operating Margin | -50.0% |
| Months of Reserves | 10.7 months |
Financial Health Grade: B
In 2019, Gilford Education Endowmentfoundation reported a deficit of $6K with expenses exceeding revenue, holds 10.7 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2011–2019), Gilford Education Endowmentfoundation's revenue has grown at a compound annual growth rate (CAGR) of 35.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +1816.7% | +3041.9% | +261.3% |
| 2017 | -94.0% | -96.0% | -38.3% |
| 2013 | -100.0% | +87.6% | -52.3% |
| 2012 | +900.0% | +863.6% | +21.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
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 Gilford Education Endowmentfoundation 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Gilford Education Endowmentfoundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating a volunteer-led organization. This is a positive sign for a small endowment, as it ensures that all available funds are directed towards the mission rather than administrative salaries.
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 Gilford Education Endowmentfoundation's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, raising questions about current activity.
- Expenses frequently exceed revenue, indicating reliance on prior assets or other funding mechanisms.
- Significant decline in assets from $21,860 in 2012 to $0 in the latest period without clear explanation.
Strengths
The following positive indicators were identified for Gilford Education Endowmentfoundation:
- Consistently reports 0% officer compensation, indicating a volunteer-driven model.
- Historically low liabilities ($0 across all filings), suggesting good financial management regarding debt.
Frequently Asked Questions about Gilford Education Endowmentfoundation
Is Gilford Education Endowmentfoundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Gilford Education Endowmentfoundation (EIN: 205281380) some concerns. Mission Score: 70/100. 3 red flags identified, 2 strengths noted.
How does Gilford Education Endowmentfoundation spend its money?
Gilford Education Endowmentfoundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gilford Education Endowmentfoundation tax-deductible?
Gilford Education Endowmentfoundation is registered as a tax-exempt nonprofit (EIN: 205281380). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Gilford Education Endowmentfoundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Gilford Education Endowmentfoundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gilford Education Endowmentfoundation located?
Gilford Education Endowmentfoundation is headquartered in Gilford, New Hampshire and files with the IRS under EIN 205281380. It is classified under NTEE code B82.
How many years of IRS 990 filings does Gilford Education Endowmentfoundation have?
Gilford Education Endowmentfoundation has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Gilford Education Endowmentfoundation currently active?
The latest filing showing $0 revenue and $0 assets suggests the organization may be inactive or undergoing significant changes. Further inquiry would be needed to confirm its current operational status.
How does the organization fund its operations when expenses exceed revenue?
In periods like 2019 (expenses $17,249, revenue $11,500) and 2013 (expenses $11,425, revenue $0), the organization likely drew upon its accumulated assets from prior years to cover expenses.
What caused the decline in assets from $21,860 in 2012 to $0 in the latest filing?
The significant decrease in assets over time, culminating in $0, requires further investigation. It could be due to spending down the endowment, transferring assets, or other financial events not detailed in the summary data.
Filing History
IRS 990 filing history for Gilford Education Endowmentfoundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2019), Gilford Education Endowmentfoundation's revenue has grown by 1050%, moving from $1K to $12K. Total assets decreased by 14.2% over the same period, from $18K to $15K. Total functional expenses rose by 2629.3%, from $632 to $17K. In its most recent filing year (2019), Gilford Education Endowmentfoundation reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $12K | $17K | $15K | $0 | — | View 990 |
| 2017 | $600 | $549 | $4K | $0 | — | View 990 |
| 2016 | $10K | $14K | $7K | $0 | — | View 990 |
| 2013 | $0 | $11K | $10K | $0 | — | — |
| 2012 | $10K | $6K | $22K | $0 | — | — |
| 2011 | $1K | $632 | $18K | $0 | — | — |
Year-by-Year Financial Summary
- 2019: Revenue of $12K, expenses of $17K, and assets of $15K (revenue +1816.7% year-over-year).
- 2017: Revenue of $600, expenses of $549, and assets of $4K (revenue -94.0% year-over-year).
- 2016: Revenue of $10K, expenses of $14K, and assets of $7K.
- 2013: Revenue of $0, expenses of $11K, and assets of $10K (revenue -100.0% year-over-year).
- 2012: Revenue of $10K, expenses of $6K, and assets of $22K (revenue +900.0% year-over-year).
- 2011: Revenue of $1K, expenses of $632, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gilford Education Endowmentfoundation:
Data Sources and Methodology
This transparency report for Gilford Education Endowmentfoundation 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.