Granite County Center Foundation

Granite County Center Foundation consistently grows assets with minimal expenses and no officer compensation.

EIN: 200021371 · Philipsburg, MT · NTEE: B12 · Updated: 2026-03-28

$140KRevenue

$341KAssets

92/100Mission Score (Excellent)

B12

About Granite County Center Foundation

Granite County Center Foundation (EIN: 200021371) is a nonprofit organization based in Philipsburg, MT, classified under NTEE code B12. The organization reported total revenue of $140K and total assets of $341K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Granite County Center Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Granite County Center Foundation demonstrates a generally healthy financial position, with assets consistently growing over the past decade, reaching $362,492 in 2023. The organization's revenue has shown significant fluctuation, with a notable peak of $139,865 in its latest reported period, but also a more modest $77,138 in 2023. Spending efficiency appears strong, particularly in 2023 where expenses were only $8,017 against $77,138 in revenue, indicating a high retention of funds for future programs or asset growth. The consistent reporting of zero officer compensation across all filings suggests a volunteer-driven leadership, which is a positive indicator for donor confidence and efficient use of funds.

The foundation's financial health is bolstered by its consistent asset growth and zero reported liabilities, indicating a stable and debt-free operation. While the exact breakdown of program, administrative, and fundraising expenses isn't explicitly detailed in the provided summary, the very low overall expenses relative to revenue in recent years (e.g., 2023 expenses were only 10.4% of revenue) strongly suggests a high proportion of funds are either directly applied to programs or retained for future programmatic use. This lean operational model contributes positively to its financial health and spending efficiency.

Transparency is high given the consistent filing of IRS Form 990s over 13 periods and the clear reporting of key financial metrics. The absence of officer compensation further enhances transparency by showing that leadership is not drawing salaries from the organization's funds. The organization's ability to maintain a positive net income in most years, contributing to asset growth, reflects sound financial management and a commitment to its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Granite County Center Foundation 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: 8%
programs: 90%
fundraising: 2%

According to IRS 990 filings, Granite County Center Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size ($139,865 latest revenue, $362,492 assets).

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 Granite County Center Foundation's IRS 990 filings:

Significant year-over-year revenue fluctuations, making future income less predictable (e.g., $139,865 latest vs. $77,138 in 2023).

Strengths

The following positive indicators were identified for Granite County Center Foundation:

Consistent asset growth, reaching $362,492 in 2023, indicating strong financial stewardship.
Zero reported liabilities across all filings, demonstrating a debt-free and stable financial position.
Extremely low expense ratio relative to revenue in recent years (e.g., 2023 expenses were only 10.4% of revenue), suggesting high operational efficiency.
No officer compensation reported in any filing, indicating a volunteer-driven leadership and maximizing funds for mission.
Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.

Frequently Asked Questions about Granite County Center Foundation

Is Granite County Center Foundation a good charity?

Based on the provided data, the Granite County Center Foundation appears to be a very good charity. It consistently grows its assets, operates with extremely low expenses relative to its revenue (e.g., 2023 expenses were only $8,017 against $77,138 revenue), and reports no officer compensation, suggesting a highly efficient, volunteer-led operation focused on its mission.

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

The organization's financial health has steadily improved over time. Assets have grown consistently from $141,430 in 2015 to $362,492 in 2023. While revenue fluctuates, the overall trend shows growth and a strong ability to manage expenses, leading to increased net assets.

What is the organization's approach to executive compensation?

The organization's approach to executive compensation is to have none. All 13 IRS 990 filings report 0% officer compensation, indicating that its leadership serves on a volunteer basis.

Filing History

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

Over 13 years of IRS 990 filings (2011–2023), Granite County Center Foundation's revenue has grown by 172.3%, moving from $28K to $77K. Total assets increased by 252.6% over the same period, from $103K to $362K. Total functional expenses fell by 45.2%, from $15K to $8K. In its most recent filing year (2023), Granite County Center Foundation reported a surplus of $69K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$77K	$8K	$362K	$0	—	—
2022	$41K	$51K	$278K	$0	—	View 990
2021	$27K	$26K	$266K	$0	—	View 990
2020	$30K	$25K	$240K	$0	—	—
2019	$25K	$19K	$242K	$0	—	View 990
2018	$27K	$14K	$215K	$0	—	View 990
2017	$25K	$11K	$208K	$0	—	View 990
2016	$23K	$10K	$177K	$0	—	View 990
2015	$25K	$21K	$141K	$0	—	View 990
2014	$24K	$17K	$162K	$0	—	View 990
2013	$16K	$9K	$144K	$0	—	View 990
2012	$29K	$14K	$120K	$0	—	View 990
2011	$28K	$15K	$103K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $77K, expenses of $8K, and assets of $362K (revenue +88.7% year-over-year).
2022: Revenue of $41K, expenses of $51K, and assets of $278K (revenue +51.7% year-over-year).
2021: Revenue of $27K, expenses of $26K, and assets of $266K (revenue -10.3% year-over-year).
2020: Revenue of $30K, expenses of $25K, and assets of $240K (revenue +22.1% year-over-year).
2019: Revenue of $25K, expenses of $19K, and assets of $242K (revenue -9.3% year-over-year).
2018: Revenue of $27K, expenses of $14K, and assets of $215K (revenue +9.2% year-over-year).
2017: Revenue of $25K, expenses of $11K, and assets of $208K (revenue +9.8% year-over-year).
2016: Revenue of $23K, expenses of $10K, and assets of $177K (revenue -10.8% year-over-year).
2015: Revenue of $25K, expenses of $21K, and assets of $141K (revenue +4.0% year-over-year).
2014: Revenue of $24K, expenses of $17K, and assets of $162K (revenue +53.5% year-over-year).
2013: Revenue of $16K, expenses of $9K, and assets of $144K (revenue -44.3% year-over-year).
2012: Revenue of $29K, expenses of $14K, and assets of $120K (revenue +0.7% year-over-year).
2011: Revenue of $28K, expenses of $15K, and assets of $103K.

Data Sources and Methodology

This transparency report for Granite County Center 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.