Greg Calhoun Foundation
Greg Calhoun Foundation reports zero revenue and assets, facing severe financial instability with substantial liabilities.
EIN: 208837852 · Montgomery, AL · Updated: 2026-03-28
Is Greg Calhoun Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Greg Calhoun Foundation
Greg Calhoun Foundation (EIN: 208837852) is a nonprofit organization based in Montgomery, AL. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greg Calhoun Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greg Calhoun Foundation is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 49.2%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $64K |
| Total Expenses | $42K |
| Surplus / Deficit | +$22K |
| Total Assets | $4K |
| Total Liabilities | $96K |
| Net Assets | $-91,203 |
| Operating Margin | 34.1% |
| Debt-to-Asset Ratio | 2185.6% |
| Months of Reserves | 1.2 months |
Financial Health Grade: B
In 2015, Greg Calhoun Foundation reported a surplus of $22K with revenue exceeding expenses, holds 1.2 months of operating reserves (limited), has a debt-to-asset ratio of 2185.6% (high leverage).
Financial Trends
Over 5 years of filings (2011–2015), Greg Calhoun Foundation's revenue has grown at a compound annual growth rate (CAGR) of 49.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +2075.2% | +943.3% | +17.8% |
| 2014 | +211.5% | -66.0% | -5.0% |
| 2013 | -94.2% | -16.4% | -18.3% |
| 2012 | +25.4% | +115.9% | -51.8% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Greg Calhoun Foundation with a Mission Score of 10 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.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Greg Calhoun Foundation allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $22K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2185.6%.
Executive Compensation Analysis
No officer compensation has been reported across all five filings, suggesting that the organization is either entirely volunteer-run or that compensation is not being disclosed, which is unusual for an organization with reported expenses in prior years.
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 Greg Calhoun Foundation's IRS 990 filings:
- Zero revenue and assets in the latest filing, indicating potential cessation of operations.
- Consistent and substantial liabilities (e.g., $95,576 in 2015, $116,676 in 2014) far exceeding assets in all reported periods, indicating severe insolvency.
- Significant decline in revenue from $63,756 in 2015 to $0 in the latest period.
- Negative net assets across all reported periods, highlighting a persistent financial deficit.
Strengths
The following positive indicators were identified for Greg Calhoun Foundation:
- Consistent filing of IRS 990 forms, demonstrating a basic level of compliance and transparency.
Frequently Asked Questions about Greg Calhoun Foundation
Is Greg Calhoun Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Greg Calhoun Foundation (EIN: 208837852) significant concerns. Mission Score: 10/100. 4 red flags identified, 1 strength noted.
How does Greg Calhoun Foundation spend its money?
Detailed spending breakdown data is not yet available for Greg Calhoun Foundation. Check back for updated IRS 990 analysis.
Are donations to Greg Calhoun Foundation tax-deductible?
Greg Calhoun Foundation is registered as a tax-exempt nonprofit (EIN: 208837852). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Greg Calhoun Foundation currently operational?
Based on the latest filing showing $0 revenue and $0 assets, it is highly unlikely the Greg Calhoun Foundation is actively operational or able to conduct any programmatic activities.
What are the significant liabilities reported by the organization?
The IRS 990 data consistently shows significant liabilities, ranging from $95,576 to $116,676, without corresponding assets or revenue to cover them. The nature of these liabilities is not specified in the provided summary.
How has the organization's revenue trended over time?
The organization's revenue has significantly declined, from a peak of $63,756 in 2015 to $0 in the latest reported period, indicating a severe loss of funding.
Filing History
IRS 990 filing history for Greg Calhoun Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Greg Calhoun Foundation's revenue has grown by 395%, moving from $13K to $64K. Total assets decreased by 55.9% over the same period, from $10K to $4K. Total functional expenses rose by 540.3%, from $7K to $42K. In its most recent filing year (2015), Greg Calhoun Foundation reported a surplus of $22K, with revenue exceeding expenses. The organization holds $96K in liabilities against $4K in assets (debt-to-asset ratio: 2185.6%), resulting in net assets of $-91,203.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $64K | $42K | $4K | $96K | — | View 990 |
| 2014 | $3K | $4K | $4K | $117K | — | View 990 |
| 2013 | $941 | $12K | $4K | $116K | — | View 990 |
| 2012 | $16K | $14K | $5K | $106K | — | View 990 |
| 2011 | $13K | $7K | $10K | $113K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $64K, expenses of $42K, and assets of $4K (revenue +2075.2% year-over-year).
- 2014: Revenue of $3K, expenses of $4K, and assets of $4K (revenue +211.5% year-over-year).
- 2013: Revenue of $941, expenses of $12K, and assets of $4K (revenue -94.2% year-over-year).
- 2012: Revenue of $16K, expenses of $14K, and assets of $5K (revenue +25.4% year-over-year).
- 2011: Revenue of $13K, expenses of $7K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greg Calhoun Foundation:
Data Sources and Methodology
This transparency report for Greg Calhoun 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.