Grays Army Foundation Inc
EIN: 881068246 · Denham Spgs, LA · NTEE: B82
About Grays Army Foundation Inc
Grays Army Foundation Inc (EIN: 881068246) is a nonprofit organization based in Denham Spgs, LA, classified under NTEE code B82. The organization reported total revenue of $11K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grays Army Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Grays Army Foundation Inc 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 Grays Army Foundation Inc 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.
Filing History
IRS 990 filing history for Grays Army Foundation Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Grays Army Foundation Inc's revenue has declined by 46.5%, moving from $20K to $11K. Total assets increased by 0% over the same period, from $1 to $1. Total functional expenses rose by 303.7%, from $6K to $23K. In its most recent filing year (2023), Grays Army Foundation Inc reported a deficit of $12K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1 in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $11K | $23K | $1 | $1 | — | — |
| 2022 | $20K | $6K | $1 | $1 | — | — |
Data Sources and Methodology
This transparency report for Grays Army 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.