Gracey Foundation
EIN: 475173216 · Sioux Falls, SD · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $550 |
| Net Assets | $550 |
Is Gracey Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gracey Foundation
Gracey Foundation (EIN: 475173216) is a nonprofit organization based in Sioux Falls, SD, classified under NTEE code B20. The organization reported total revenue of $550 and total assets of $550 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gracey Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gracey Foundation is a micro nonprofit that has been operating for 11 years, with 3 years of IRS 990 filings on record (2016–2017). Revenue has grown at a compound annual rate of -8.3%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $550 |
| Total Expenses | $0 |
| Surplus / Deficit | +$550 |
| Total Assets | $550 |
| Net Assets | $550 |
| Operating Margin | 100.0% |
Financial Health Grade: A
In 2017, Gracey Foundation reported a surplus of $550 with revenue exceeding expenses.
Financial Trends
Over 3 years of filings (2016–2017), Gracey Foundation's revenue has declined at a compound annual growth rate (CAGR) of -8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -24.7% | — | +54900.0% |
| 2016 | +21.7% | -100.0% | -99.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gracey 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 Gracey 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 (2017)
From the most recent IRS 990 filing on record:
Frequently Asked Questions about Gracey Foundation
Is Gracey Foundation a legitimate charity?
Gracey Foundation (EIN: 475173216) is a registered tax-exempt nonprofit based in South Dakota. It has 3 years of IRS 990 filings on record. Total revenue: $550. No red flags identified. Financial health grade: A.
How does Gracey Foundation spend its money?
Gracey Foundation reported $550 in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Gracey Foundation tax-deductible?
Gracey Foundation is registered as a tax-exempt nonprofit (EIN: 475173216). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gracey Foundation located?
Gracey Foundation is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 475173216. It is classified under NTEE code B20.
How many years of IRS 990 filings does Gracey Foundation have?
Gracey Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $550 in total revenue.
Filing History
IRS 990 filing history for Gracey Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2016–2017), Gracey Foundation's revenue has declined by 8.3%, moving from $600 to $550. Total assets increased by 266.7% over the same period, from $150 to $550. Total functional expenses fell by 100%, from $296 to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $550 | $0 | $550 | $0 | — | View 990 |
| 2016 | $730 | $0 | $1 | $0 | — | View 990 |
| 2016 | $600 | $296 | $150 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $550, expenses of $0, and assets of $550 (revenue -24.7% year-over-year).
- 2016: Revenue of $730, expenses of $0, and assets of $1 (revenue +21.7% year-over-year).
- 2016: Revenue of $600, expenses of $296, and assets of $150.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gracey Foundation:
Data Sources and Methodology
This transparency report for Gracey 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.