Gmr Foundation

Gmr Foundation shows consistent revenue growth and zero officer compensation across all reported periods.

EIN: 203432039 · Greenwood Vlg, CO · NTEE: M20 · Updated: 2026-03-28

$1.0MRevenue

$613KAssets

85/100Mission Score (Excellent)

M20

About Gmr Foundation

Gmr Foundation (EIN: 203432039) is a nonprofit organization based in Greenwood Vlg, CO, classified under NTEE code M20. The organization reported total revenue of $1.0M and total assets of $613K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gmr Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Gmr Foundation demonstrates a generally healthy financial trajectory, marked by consistent revenue growth over the past several years. For instance, revenue increased from $435,124 in 2020 to $773,476 in 2023. The organization consistently reports zero liabilities, indicating strong financial management and a lack of debt, which is a positive indicator of stability. While specific program spending ratios are not detailed in the provided data, the absence of officer compensation across all reported periods suggests a lean operational structure and a potential focus on direct program delivery, though this would need to be confirmed with a detailed breakdown of expenses.

The foundation's assets have shown fluctuations but have generally increased in recent years, from $48,061 in 2020 to $316,532 in 2023, indicating a growing financial base. The consistent reporting of zero officer compensation across all 13 filings is a significant transparency strength, as it suggests that leadership is either unpaid or compensated through other means not classified as officer compensation, which can free up more funds for mission-related activities. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The organization's consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Gmr Foundation with a Mission Score of 85 out of 100 (Excellent). 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, Gmr Foundation 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, suggesting that officers are either unpaid volunteers or compensated through mechanisms not categorized as officer compensation, which is highly unusual for an organization of this revenue 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 Gmr Foundation's IRS 990 filings:

Lack of detailed expense breakdown to verify program spending efficiency
Unusually low or zero reported officer compensation for an organization of this size, which might indicate compensation is reported in other expense categories or that leadership is entirely volunteer-based.

Strengths

The following positive indicators were identified for Gmr Foundation:

Consistent revenue growth over recent years (e.g., $435,124 in 2020 to $773,476 in 2023).
Zero reported liabilities across all 13 filings, indicating strong financial health.
Consistent reporting of 0% officer compensation, suggesting a lean operational structure or volunteer leadership.
Long history of IRS 990 filings (13 periods), demonstrating transparency and compliance.
Increasing asset base in recent years ($48,061 in 2020 to $316,532 in 2023).

Frequently Asked Questions about Gmr Foundation

Is Gmr Foundation a good charity?

Based on the available data, Gmr Foundation appears to be a financially stable organization with consistent revenue growth and a strong commitment to transparency, evidenced by 13 years of filings and zero reported officer compensation. However, a detailed breakdown of expenses is needed to fully assess its program efficiency.

How has Gmr Foundation's revenue trended over time?

Gmr Foundation has shown a strong upward trend in revenue, increasing from $435,124 in 2020 to $773,476 in 2023, and reaching a latest reported revenue of $1,014,395.

What is the organization's liability situation?

Gmr Foundation consistently reports $0 in liabilities across all available filings, indicating a very strong financial position with no debt.

Does Gmr Foundation pay its officers?

According to the IRS 990 filings, Gmr Foundation has reported 0% officer compensation for all 13 periods, suggesting that officers are not compensated or are compensated through other means not classified as officer compensation.

Filing History

IRS 990 filing history for Gmr Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Gmr Foundation's revenue has grown by 300.9%, moving from $193K to $773K. Total assets decreased by 35.8% over the same period, from $493K to $317K. Total functional expenses rose by 268.3%, from $155K to $573K. In its most recent filing year (2023), Gmr Foundation reported a surplus of $201K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$773K	$573K	$317K	$0	—	—
2022	$667K	$650K	$116K	$0	—	View 990
2021	$578K	$528K	$99K	$0	—	View 990
2020	$435K	$546K	$48K	$0	—	View 990
2019	$272K	$401K	$159K	$0	—	View 990
2018	$410K	$301K	$289K	$0	—	View 990
2017	$382K	$576K	$179K	$0	—	View 990
2016	$121K	$360K	$372K	$0	—	View 990
2015	$159K	$224K	$612K	$0	—	View 990
2014	$292K	$245K	$676K	$0	—	View 990
2013	$269K	$134K	$630K	$0	—	View 990
2012	$119K	$117K	$495K	$0	—	View 990
2011	$193K	$155K	$493K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $773K, expenses of $573K, and assets of $317K (revenue +15.9% year-over-year).
2022: Revenue of $667K, expenses of $650K, and assets of $116K (revenue +15.4% year-over-year).
2021: Revenue of $578K, expenses of $528K, and assets of $99K (revenue +32.9% year-over-year).
2020: Revenue of $435K, expenses of $546K, and assets of $48K (revenue +60.1% year-over-year).
2019: Revenue of $272K, expenses of $401K, and assets of $159K (revenue -33.8% year-over-year).
2018: Revenue of $410K, expenses of $301K, and assets of $289K (revenue +7.3% year-over-year).
2017: Revenue of $382K, expenses of $576K, and assets of $179K (revenue +217.3% year-over-year).
2016: Revenue of $121K, expenses of $360K, and assets of $372K (revenue -24.4% year-over-year).
2015: Revenue of $159K, expenses of $224K, and assets of $612K (revenue -45.4% year-over-year).
2014: Revenue of $292K, expenses of $245K, and assets of $676K (revenue +8.6% year-over-year).
2013: Revenue of $269K, expenses of $134K, and assets of $630K (revenue +126.5% year-over-year).
2012: Revenue of $119K, expenses of $117K, and assets of $495K (revenue -38.5% year-over-year).
2011: Revenue of $193K, expenses of $155K, and assets of $493K.

Data Sources and Methodology

This transparency report for Gmr 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.