Gouline Family Foundation Inc

Gouline Family Foundation maintains strong asset growth and low expenses with no officer compensation.

EIN: 201647554 · Baltimore, MD · NTEE: T20 · Updated: 2026-03-28

$142KRevenue
$513KAssets
92/100Mission Score (Excellent)
T20
Gouline Family Foundation Inc Financial Summary
MetricValue
Total Revenue$142K
Total Expenses$40K
Program Spending90%
Net Assets$536K
Transparency Score92/100

Is Gouline Family Foundation Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Gouline Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Gouline Family Foundation Inc

Gouline Family Foundation Inc (EIN: 201647554) is a nonprofit organization based in Baltimore, MD, classified under NTEE code T20. The organization reported total revenue of $142K and total assets of $513K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gouline Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Gouline Family Foundation Inc is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$131K
Total Expenses$40K
Surplus / Deficit+$91K
Total Assets$536K
Total Liabilities$1
Net Assets$536K
Operating Margin69.4%
Debt-to-Asset Ratio0.0%
Months of Reserves160.4 months

Financial Health Grade: A

In 2023, Gouline Family Foundation Inc reported a surplus of $91K with revenue exceeding expenses, holds 160.4 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), Gouline Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+305.0%-11.8%+11.8%
2022-82.5%-1.8%-2.7%
2021+144.0%+43.5%+13.2%
2020+138.7%+6.6%+4.9%
2019-30.2%+28.9%+5.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Gouline Family Foundation Inc. demonstrates consistent financial stability with growing assets over the past decade, reaching $536,330 in 2023. Its revenue has fluctuated, with a notable peak of $185,256 in 2021 and $131,129 in 2023, indicating a reliance on varying donation levels. The organization consistently maintains very low liabilities, often reported as $1, which is a strong indicator of fiscal responsibility and minimal debt burden. Spending efficiency appears high, as total expenses have remained relatively low compared to revenue and asset growth. For instance, in 2023, expenses were $40,116 against $131,129 in revenue. The consistent reporting of 0% officer compensation across all filings is a significant positive for donor confidence, suggesting that resources are directed towards the mission rather than administrative salaries. This commitment to minimizing overhead, coupled with clear financial reporting, points to a transparent and well-managed operation focused on its programmatic goals.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Gouline Family Foundation Inc with a Mission Score of 92 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: 10%
  • programs: 90%
  • fundraising: 0%

According to IRS 990 filings, Gouline Family Foundation Inc 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 (2023)

From the most recent IRS 990 filing on record:

$131KTotal Revenue
$40KTotal Expenses
$536KTotal Assets
$1Total Liabilities
$536KNet Assets
  • The organization reported a surplus of $91K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly favorable 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.

Strengths

The following positive indicators were identified for Gouline Family Foundation Inc:

  • Consistent asset growth, reaching $536,330 in 2023.
  • Extremely low liabilities, often reported as $1.
  • 0% officer compensation reported across all filings, indicating high efficiency.
  • Expenses consistently low relative to revenue and assets, demonstrating fiscal prudence.
  • Strong program focus due to minimal administrative and fundraising overhead.

Frequently Asked Questions about Gouline Family Foundation Inc

Is Gouline Family Foundation Inc a legitimate charity?

Gouline Family Foundation Inc (EIN: 201647554) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $142K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Gouline Family Foundation Inc spend its money?

Gouline Family Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Gouline Family Foundation Inc tax-deductible?

Gouline Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201647554). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Gouline Family Foundation Inc compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Gouline Family Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Gouline Family Foundation Inc located?

Gouline Family Foundation Inc is headquartered in Baltimore, Maryland and files with the IRS under EIN 201647554. It is classified under NTEE code T20.

How many years of IRS 990 filings does Gouline Family Foundation Inc have?

Gouline Family Foundation Inc 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 $142K in total revenue.

Is Gouline Family Foundation Inc. a good charity?

Based on the provided data, the Gouline Family Foundation Inc. appears to be a very good charity. It demonstrates strong financial health with growing assets, very low liabilities, and a consistent commitment to 0% officer compensation, ensuring funds are directed towards its mission.

How has the organization's financial health changed over time?

The organization's financial health has steadily improved, with assets growing from $333,755 in 2011 to $536,330 in 2023. Revenue has fluctuated but generally supported asset growth, while expenses have remained controlled.

What is the organization's approach to executive compensation?

The Gouline Family Foundation Inc. reports 0% officer compensation in all available filings, indicating a strong commitment to minimizing administrative costs and maximizing resources for its programs.

Does the foundation have significant debt?

No, the foundation consistently reports extremely low liabilities, often $1, across all filings, indicating virtually no debt burden.

Filing History

IRS 990 filing history for Gouline Family Foundation Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Gouline Family Foundation Inc's revenue has grown by 112.2%, moving from $62K to $131K. Total assets increased by 60.7% over the same period, from $334K to $536K. Total functional expenses rose by 77.2%, from $23K to $40K. In its most recent filing year (2023), Gouline Family Foundation Inc reported a surplus of $91K, with revenue exceeding expenses. The organization holds $1 in liabilities against $536K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $536K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $131K $40K $536K $1
2022 $32K $45K $480K $1 View 990
2021 $185K $46K $493K $1 View 990
2020 $76K $32K $436K $1
2019 $32K $30K $415K $1 View 990
2015 $46K $23K $395K $0 View 990
2014 $55K $23K $389K $0 View 990
2013 $65K $21K $370K $0 View 990
2012 $39K $22K $351K $0 View 990
2011 $62K $23K $334K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $131K, expenses of $40K, and assets of $536K (revenue +305.0% year-over-year).
  • 2022: Revenue of $32K, expenses of $45K, and assets of $480K (revenue -82.5% year-over-year).
  • 2021: Revenue of $185K, expenses of $46K, and assets of $493K (revenue +144.0% year-over-year).
  • 2020: Revenue of $76K, expenses of $32K, and assets of $436K (revenue +138.7% year-over-year).
  • 2019: Revenue of $32K, expenses of $30K, and assets of $415K (revenue -30.2% year-over-year).
  • 2015: Revenue of $46K, expenses of $23K, and assets of $395K (revenue -17.5% year-over-year).
  • 2014: Revenue of $55K, expenses of $23K, and assets of $389K (revenue -15.0% year-over-year).
  • 2013: Revenue of $65K, expenses of $21K, and assets of $370K (revenue +65.6% year-over-year).
  • 2012: Revenue of $39K, expenses of $22K, and assets of $351K (revenue -36.6% year-over-year).
  • 2011: Revenue of $62K, expenses of $23K, and assets of $334K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Gouline Family Foundation Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Gouline Family Foundation Inc 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.

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