Grantmakers For Effective Organizations
Grantmakers For Effective Organizations reports recent operating deficits despite substantial assets and zero reported officer compensation.
EIN: 10669150 · Washington, DC · NTEE: T02 · Updated: 2026-03-28
Is Grantmakers For Effective Organizations Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Grantmakers For Effective Organizations directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Grantmakers For Effective Organizations
Grantmakers For Effective Organizations (EIN: 10669150) is a nonprofit organization based in Washington, DC, classified under NTEE code T02. The organization reported total revenue of $10.0M and total assets of $13.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grantmakers For Effective Organizations's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grantmakers For Effective Organizations is a large nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.9M |
| Total Expenses | $7.1M |
| Surplus / Deficit | $-2,166,635 |
| Total Assets | $10.7M |
| Total Liabilities | $1.6M |
| Net Assets | $9.2M |
| Operating Margin | -44.3% |
| Debt-to-Asset Ratio | 14.7% |
| Months of Reserves | 18.3 months |
Financial Health Grade: B
In 2023, Grantmakers For Effective Organizations reported a deficit of $2.2M with expenses exceeding revenue, holds 18.3 months of operating reserves (strong position), has a debt-to-asset ratio of 14.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Grantmakers For Effective Organizations's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.7% | +9.0% | -19.7% |
| 2022 | -38.4% | +42.0% | +4.9% |
| 2021 | +80.2% | +2.1% | +55.1% |
| 2020 | +45.1% | -6.0% | +25.0% |
| 2019 | -40.4% | -5.8% | -9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2002 |
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 Grantmakers For Effective Organizations with a Mission Score of 75 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Grantmakers For Effective Organizations 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with over $10 million in latest revenue and suggests executive salaries may be categorized differently or are not reported under this specific line item on the 990.
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 Grantmakers For Effective Organizations's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 202312 and 202212), where expenses exceeded revenue.
- Significant increase in liabilities from $944,937 in 202112 to $1,582,838 in 202312.
- Unusually consistent 0% officer compensation reported, which may obscure actual executive pay.
- Notable decrease in total assets from $13,379,679 in 202212 to $10,747,221 in 202312.
Strengths
The following positive indicators were identified for Grantmakers For Effective Organizations:
- Substantial asset base ($10,747,221 in 202312) providing financial stability.
- History of strong revenue generation, with a peak of $9,901,294 in 202112.
- Long operational history with 13 IRS 990 filings, indicating established presence.
- Significant growth in assets over the past decade, from $3,632,749 in 201412 to over $10 million.
Frequently Asked Questions about Grantmakers For Effective Organizations
Is Grantmakers For Effective Organizations a legitimate charity?
Based on AI analysis of IRS 990 filings, Grantmakers For Effective Organizations (EIN: 10669150) some concerns. Mission Score: 75/100. 4 red flags identified, 4 strengths noted.
How does Grantmakers For Effective Organizations spend its money?
Grantmakers For Effective Organizations directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Grantmakers For Effective Organizations tax-deductible?
Grantmakers For Effective Organizations is registered as a tax-exempt nonprofit (EIN: 10669150). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Grantmakers For Effective Organizations fund its operations given recent deficits?
In 202312, expenses ($7,061,278) exceeded revenue ($4,894,643) by over $2 million. This deficit, along with a similar one in 202212, suggests the organization may be drawing from its accumulated assets or reserves to cover operational costs, or it experienced a temporary dip in funding not reflected in the latest revenue figure.
What is the reason for the consistent 0% officer compensation reported?
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization of this size. It could indicate that executive compensation is reported under a different expense category (e.g., salaries and wages for all employees), or that officers are compensated through a related entity, or that the organization relies heavily on pro bono leadership. Further investigation into the detailed expense schedules would be necessary to clarify this.
What caused the significant decrease in assets from $13,379,679 in 202212 to $10,747,221 in 202312?
The decrease of over $2.6 million in assets in a single year, coupled with an operating deficit in the same period, suggests that the organization likely used a portion of its reserves or investments to cover expenses or experienced a decline in investment values. This warrants a closer look at the balance sheet changes.
Filing History
IRS 990 filing history for Grantmakers For Effective Organizations showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Grantmakers For Effective Organizations's revenue has grown by 96%, moving from $2.5M to $4.9M. Total assets increased by 90.8% over the same period, from $5.6M to $10.7M. Total functional expenses rose by 120.5%, from $3.2M to $7.1M. In its most recent filing year (2023), Grantmakers For Effective Organizations reported a deficit of $2.2M, with expenses exceeding revenue. The organization holds $1.6M in liabilities against $10.7M in assets (debt-to-asset ratio: 14.7%), resulting in net assets of $9.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.9M | $7.1M | $10.7M | $1.6M | — | — |
| 2022 | $6.1M | $6.5M | $13.4M | $2.0M | — | View 990 |
| 2021 | $9.9M | $4.6M | $12.8M | $945K | — | View 990 |
| 2020 | $5.5M | $4.5M | $8.2M | $1.7M | — | View 990 |
| 2019 | $3.8M | $4.8M | $6.6M | $1.1M | — | View 990 |
| 2018 | $6.4M | $5.0M | $7.3M | $872K | — | View 990 |
| 2017 | $4.9M | $5.3M | $5.3M | $189K | — | View 990 |
| 2016 | $5.1M | $4.6M | $5.7M | $224K | — | View 990 |
| 2015 | $5.2M | $3.5M | $5.3M | $279K | — | View 990 |
| 2014 | $3.1M | $3.1M | $3.6M | $274K | — | View 990 |
| 2013 | $3.1M | $3.5M | $4.1M | $789K | — | View 990 |
| 2012 | $2.4M | $3.7M | $3.9M | $261K | — | View 990 |
| 2011 | $2.5M | $3.2M | $5.6M | $657K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.9M, expenses of $7.1M, and assets of $10.7M (revenue -19.7% year-over-year).
- 2022: Revenue of $6.1M, expenses of $6.5M, and assets of $13.4M (revenue -38.4% year-over-year).
- 2021: Revenue of $9.9M, expenses of $4.6M, and assets of $12.8M (revenue +80.2% year-over-year).
- 2020: Revenue of $5.5M, expenses of $4.5M, and assets of $8.2M (revenue +45.1% year-over-year).
- 2019: Revenue of $3.8M, expenses of $4.8M, and assets of $6.6M (revenue -40.4% year-over-year).
- 2018: Revenue of $6.4M, expenses of $5.0M, and assets of $7.3M (revenue +30.3% year-over-year).
- 2017: Revenue of $4.9M, expenses of $5.3M, and assets of $5.3M (revenue -4.5% year-over-year).
- 2016: Revenue of $5.1M, expenses of $4.6M, and assets of $5.7M (revenue -1.0% year-over-year).
- 2015: Revenue of $5.2M, expenses of $3.5M, and assets of $5.3M (revenue +67.5% year-over-year).
- 2014: Revenue of $3.1M, expenses of $3.1M, and assets of $3.6M (revenue +0.6% year-over-year).
- 2013: Revenue of $3.1M, expenses of $3.5M, and assets of $4.1M (revenue +26.7% year-over-year).
- 2012: Revenue of $2.4M, expenses of $3.7M, and assets of $3.9M (revenue -3.3% year-over-year).
- 2011: Revenue of $2.5M, expenses of $3.2M, and assets of $5.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grantmakers For Effective Organizations:
Data Sources and Methodology
This transparency report for Grantmakers For Effective Organizations 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.