Gregory Foundation Tr
EIN: 43496080 · Beverly Farms, MA · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $831K |
| Total Expenses | $70K |
| Net Assets | $1.4M |
Is Gregory Foundation Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gregory Foundation Tr
Gregory Foundation Tr (EIN: 43496080) is a nonprofit organization based in Beverly Farms, MA, classified under NTEE code T22. The organization reported total revenue of $831K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gregory Foundation Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gregory Foundation Tr is a small nonprofit that has been operating for 25 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 34.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $274K |
| Total Expenses | $70K |
| Surplus / Deficit | +$204K |
| Total Assets | $1.4M |
| Total Liabilities | $1 |
| Net Assets | $1.4M |
| Operating Margin | 74.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 246.7 months |
Financial Health Grade: A
In 2023, Gregory Foundation Tr reported a surplus of $204K with revenue exceeding expenses, holds 246.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Gregory Foundation Tr's revenue has grown at a compound annual growth rate (CAGR) of 34.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +137.3% | -72.1% | +16.8% |
| 2023 | -58.0% | +160.9% | +53.2% |
| 2022 | +987.0% | -45.7% | +28.7% |
| 2021 | +60.0% | +88.1% | -19.6% |
| 2020 | -61.0% | -32.4% | -12.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gregory Foundation Tr 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 Gregory Foundation Tr 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $204K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Gregory Foundation Tr
Is Gregory Foundation Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Gregory Foundation Tr (EIN: 43496080) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gregory Foundation Tr spend its money?
Detailed spending breakdown data is not yet available for Gregory Foundation Tr. Check back for updated IRS 990 analysis.
Are donations to Gregory Foundation Tr tax-deductible?
Gregory Foundation Tr is registered as a tax-exempt nonprofit (EIN: 43496080). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gregory Foundation Tr located?
Gregory Foundation Tr is headquartered in Beverly Farms, Massachusetts and files with the IRS under EIN 43496080. It is classified under NTEE code T22.
How many years of IRS 990 filings does Gregory Foundation Tr have?
Gregory Foundation Tr 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 $831K in total revenue.
Filing History
IRS 990 filing history for Gregory Foundation Tr showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Gregory Foundation Tr's revenue has grown by 3247.7%, moving from $8K to $274K. Total assets decreased by 1.5% over the same period, from $1.5M to $1.4M. Total functional expenses fell by 36.6%, from $110K to $70K. In its most recent filing year (2023), Gregory Foundation Tr reported a surplus of $204K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $274K | $70K | $1.4M | $1 | — | — |
| 2023 | $115K | $250K | $1.2M | $1 | — | — |
| 2022 | $275K | $96K | $802K | $1 | — | View 990 |
| 2021 | $25K | $177K | $623K | $1 | — | View 990 |
| 2020 | $16K | $94K | $775K | $1 | — | View 990 |
| 2019 | $41K | $139K | $886K | $1 | — | View 990 |
| 2015 | $1K | $91K | $1.2M | $0 | — | View 990 |
| 2014 | $22K | $85K | $1.3M | $0 | — | View 990 |
| 2013 | $20K | $86K | $1.3M | $0 | — | View 990 |
| 2012 | $22K | $93K | $1.4M | $0 | — | View 990 |
| 2011 | $8K | $110K | $1.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $274K, expenses of $70K, and assets of $1.4M (revenue +137.3% year-over-year).
- 2023: Revenue of $115K, expenses of $250K, and assets of $1.2M (revenue -58.0% year-over-year).
- 2022: Revenue of $275K, expenses of $96K, and assets of $802K (revenue +987.0% year-over-year).
- 2021: Revenue of $25K, expenses of $177K, and assets of $623K (revenue +60.0% year-over-year).
- 2020: Revenue of $16K, expenses of $94K, and assets of $775K (revenue -61.0% year-over-year).
- 2019: Revenue of $41K, expenses of $139K, and assets of $886K (revenue +2999.0% year-over-year).
- 2015: Revenue of $1K, expenses of $91K, and assets of $1.2M (revenue -94.0% year-over-year).
- 2014: Revenue of $22K, expenses of $85K, and assets of $1.3M (revenue +8.2% year-over-year).
- 2013: Revenue of $20K, expenses of $86K, and assets of $1.3M (revenue -10.4% year-over-year).
- 2012: Revenue of $22K, expenses of $93K, and assets of $1.4M (revenue +174.8% year-over-year).
- 2011: Revenue of $8K, expenses of $110K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gregory Foundation Tr:
Data Sources and Methodology
This transparency report for Gregory Foundation Tr 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.