Greater Gilmer Community Foundation Inc
Greater Gilmer Community Foundation Inc shows consistent revenue growth and zero officer compensation.
EIN: 208808662 · Ellijay, GA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $142K |
| Total Expenses | $62K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $470,148 |
| Net Assets | $468K |
| Transparency Score | 90/100 |
Is Greater Gilmer Community Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greater Gilmer Community Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greater Gilmer Community Foundation Inc
Greater Gilmer Community Foundation Inc (EIN: 208808662) is a nonprofit organization based in Ellijay, GA, classified under NTEE code T20. The organization reported total revenue of $142K and total assets of $533K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Gilmer Community Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Gilmer Community Foundation Inc is a small nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2010–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $137K |
| Total Expenses | $62K |
| Surplus / Deficit | +$75K |
| Total Assets | $470K |
| Total Liabilities | $2K |
| Net Assets | $468K |
| Operating Margin | 54.5% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 90.6 months |
Financial Health Grade: A
In 2023, Greater Gilmer Community Foundation Inc reported a surplus of $75K with revenue exceeding expenses, holds 90.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.6% | -6.5% | +7.9% |
| 2022 | +13.9% | -15.5% | +10.1% |
| 2021 | +38.8% | +17.4% | +3.2% |
| 2020 | -11.3% | -24.1% | -1.8% |
| 2019 | +527.1% | +879.5% | +662.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Greater Gilmer Community Foundation Inc with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Greater Gilmer Community Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $75K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not reported as officer compensation, which is highly favorable for a nonprofit of its size with assets of $470,148 in 2023.
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 Greater Gilmer Community Foundation Inc's IRS 990 filings:
- No specific program spending breakdown provided in the available data, making it difficult to precisely assess program efficiency beyond overall expenses.
Strengths
The following positive indicators were identified for Greater Gilmer Community Foundation Inc:
- Consistent revenue growth, from $90,685 in 2019 to $136,802 in 2023.
- Significant asset accumulation, growing from $390,431 in 2019 to $470,148 in 2023.
- Zero officer compensation reported across all filings, indicating high dedication of funds to mission.
- Expenses consistently well below revenue, suggesting prudent financial management and reserve building.
- Decreasing liabilities trend, from $103,400 in 2019 to $2,000 in 2023, improving financial stability.
Frequently Asked Questions about Greater Gilmer Community Foundation Inc
Is Greater Gilmer Community Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Gilmer Community Foundation Inc (EIN: 208808662) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Greater Gilmer Community Foundation Inc spend its money?
Greater Gilmer Community Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Greater Gilmer Community Foundation Inc tax-deductible?
Greater Gilmer Community Foundation Inc is registered as a tax-exempt nonprofit (EIN: 208808662). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Greater Gilmer Community Foundation Inc CEO make?
Greater Gilmer Community Foundation Inc's highest-compensated officer earns $470,148 annually. The organization reported $142K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Greater Gilmer Community Foundation Inc's spending goes to programs?
Greater Gilmer Community Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Greater Gilmer Community Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Greater Gilmer Community Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Greater Gilmer Community Foundation Inc located?
Greater Gilmer Community Foundation Inc is headquartered in Ellijay, Georgia and files with the IRS under EIN 208808662. It is classified under NTEE code T20.
How many years of IRS 990 filings does Greater Gilmer Community Foundation Inc have?
Greater Gilmer Community Foundation Inc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $142K in total revenue.
Is Greater Gilmer Community Foundation Inc a good charity?
Based on its financial data, Greater Gilmer Community Foundation Inc appears to be a good charity. It demonstrates consistent revenue growth, healthy asset accumulation, and a strong commitment to directing funds towards its mission, evidenced by 0% officer compensation and expenses significantly lower than revenue in recent years.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Revenue has grown from $1 in 2011 to $136,802 in 2023, and assets have increased from $1 to $470,148 in the same period, indicating strong and sustained growth.
What is the trend in the organization's liabilities?
Liabilities have shown a decreasing trend in recent years, from a high of $103,400 in 2019 to $2,000 in 2023, which is a positive indicator of financial stability and reduced debt burden.
Filing History
IRS 990 filing history for Greater Gilmer Community Foundation Inc showing financial trends over 11 years of public records:
Total assets increased by 47014700% over the same period, from $1 to $470K. Total functional expenses rose by 10530.2%, from $586 to $62K. In its most recent filing year (2023), Greater Gilmer Community Foundation Inc reported a surplus of $75K, with revenue exceeding expenses. The organization holds $2K in liabilities against $470K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $468K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $137K | $62K | $470K | $2K | — | View 990 |
| 2022 | $127K | $67K | $436K | $42K | — | View 990 |
| 2021 | $112K | $79K | $396K | $63K | — | View 990 |
| 2020 | $80K | $67K | $383K | $83K | — | View 990 |
| 2019 | $91K | $88K | $390K | $103K | — | — |
| 2015 | $14K | $9K | $51K | $0 | — | View 990 |
| 2014 | $18K | $6K | $46K | $0 | — | View 990 |
| 2013 | $17K | $3K | $33K | $0 | — | View 990 |
| 2012 | $25K | $6K | $19K | $0 | — | View 990 |
| 2011 | $1 | $0 | $1 | $0 | — | View 990 |
| 2010 | $0 | $586 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $137K, expenses of $62K, and assets of $470K (revenue +7.6% year-over-year).
- 2022: Revenue of $127K, expenses of $67K, and assets of $436K (revenue +13.9% year-over-year).
- 2021: Revenue of $112K, expenses of $79K, and assets of $396K (revenue +38.8% year-over-year).
- 2020: Revenue of $80K, expenses of $67K, and assets of $383K (revenue -11.3% year-over-year).
- 2019: Revenue of $91K, expenses of $88K, and assets of $390K (revenue +527.1% year-over-year).
- 2015: Revenue of $14K, expenses of $9K, and assets of $51K (revenue -20.4% year-over-year).
- 2014: Revenue of $18K, expenses of $6K, and assets of $46K (revenue +7.4% year-over-year).
- 2013: Revenue of $17K, expenses of $3K, and assets of $33K (revenue -32.9% year-over-year).
- 2012: Revenue of $25K, expenses of $6K, and assets of $19K (revenue +2523000.0% year-over-year).
- 2011: Revenue of $1, expenses of $0, and assets of $1.
- 2010: Revenue of $0, expenses of $586, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Gilmer Community Foundation Inc:
Data Sources and Methodology
This transparency report for Greater Gilmer 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.