Gravette Community Foundation Inc
Gravette Community Foundation Inc. maintains strong asset growth and no liabilities with volunteer leadership.
EIN: 202077317 · Gravette, AR · NTEE: S20 · Updated: 2026-03-28
About Gravette Community Foundation Inc
Gravette Community Foundation Inc (EIN: 202077317) is a nonprofit organization based in Gravette, AR, classified under NTEE code S20. The organization reported total revenue of $90K and total assets of $431K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gravette Community Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gravette Community Foundation Inc 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Gravette Community Foundation Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit 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.
Red Flags
The following concerns were identified during AI analysis of Gravette Community Foundation Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in available data.
Strengths
The following positive indicators were identified for Gravette Community Foundation Inc:
- Consistent asset growth, reaching $372,058 in 2023.
- Zero reported liabilities across all filing periods.
- 0% officer compensation, indicating volunteer leadership and low administrative overhead.
- Positive net income in recent years (e.g., $30,749 surplus in 2023).
Frequently Asked Questions about Gravette Community Foundation Inc
Is Gravette Community Foundation Inc. a good charity?
Based on the available IRS 990 data, Gravette Community Foundation Inc. appears to be a well-managed charity. It has no liabilities, growing assets, and reports 0% officer compensation, suggesting efficient use of funds and strong volunteer engagement. However, without a detailed functional expense breakdown, it's difficult to definitively assess program spending efficiency.
How does the organization manage its assets and liabilities?
The organization has consistently reported $0 in liabilities across all four filings, which is excellent. Its assets have shown consistent growth, from $330,136 in 2020 to $372,058 in 2023, indicating sound financial management and accumulation of resources.
What is the trend in the organization's revenue and expenses?
Revenue has fluctuated but remained relatively stable, ranging from $85,977 to $113,655. Expenses have also varied, with a notable spike in 2020 ($245,387) but generally staying below revenue in recent years, such as $55,499 in expenses against $86,248 in revenue in 2023.
Filing History
IRS 990 filing history for Gravette Community Foundation Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Gravette Community Foundation Inc's revenue has declined by 22.8%, moving from $112K to $86K. Total assets increased by 12.7% over the same period, from $330K to $372K. Total functional expenses fell by 77.4%, from $245K to $55K. In its most recent filing year (2023), Gravette Community Foundation Inc reported a surplus of $31K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $86K | $55K | $372K | $0 | — | View 990 |
| 2022 | $86K | $98K | $343K | $0 | — | View 990 |
| 2021 | $114K | $58K | $415K | $0 | — | — |
| 2020 | $112K | $245K | $330K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $86K, expenses of $55K, and assets of $372K (revenue +0.3% year-over-year).
- 2022: Revenue of $86K, expenses of $98K, and assets of $343K (revenue -24.4% year-over-year).
- 2021: Revenue of $114K, expenses of $58K, and assets of $415K (revenue +1.7% year-over-year).
- 2020: Revenue of $112K, expenses of $245K, and assets of $330K.
Data Sources and Methodology
This transparency report for Gravette Community 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.