Grfd Foundation Inc
Small Wyoming nonprofit consistently reports zero officer compensation but lacks detailed expense breakdown.
EIN: 200072699 · Green River, WY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $113K |
| Total Expenses | $30K |
| Program Spending | 70% |
| Net Assets | $68K |
| Transparency Score | 65/100 |
Is Grfd Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Grfd Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Grfd Foundation Inc
Grfd Foundation Inc (EIN: 200072699) is a nonprofit organization based in Green River, WY. The organization reported total revenue of $113K and total assets of $83K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grfd Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grfd Foundation Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $25K |
| Total Expenses | $30K |
| Surplus / Deficit | $-4,692 |
| Total Assets | $68K |
| Net Assets | $68K |
| Operating Margin | -18.5% |
| Months of Reserves | 27.1 months |
Financial Health Grade: B
In 2023, Grfd Foundation Inc reported a deficit of $5K with expenses exceeding revenue, holds 27.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Grfd Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.9% | +6.2% | -6.5% |
| 2022 | +65.0% | +107.4% | -3.6% |
| 2021 | -31.5% | -37.2% | +2.5% |
| 2020 | -39.0% | +30.9% | +1.3% |
| 2019 | +124.6% | -46.8% | +39.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Grfd Foundation Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Grfd Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
Executive Compensation Analysis
Grfd Foundation Inc consistently reports 0% officer compensation across all available filings, indicating that its leadership is not paid, which is a strong positive for donor confidence and resource allocation to its mission.
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 Grfd Foundation Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Expenses occasionally exceed revenue (e.g., 2023: $30,079 expenses vs. $25,387 revenue; 2018: $31,230 expenses vs. $16,537 revenue)
- NTEE code is unknown, limiting understanding of mission area
Strengths
The following positive indicators were identified for Grfd Foundation Inc:
- Consistent reporting of 0% officer compensation across all filings
- Zero reported liabilities across all filings, indicating financial stability
- Maintains a stable asset base relative to its operational size
Frequently Asked Questions about Grfd Foundation Inc
Is Grfd Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Grfd Foundation Inc (EIN: 200072699) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Grfd Foundation Inc spend its money?
Grfd Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Grfd Foundation Inc tax-deductible?
Grfd Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200072699). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Grfd Foundation Inc's spending goes to programs?
Grfd Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Grfd Foundation Inc located?
Grfd Foundation Inc is headquartered in Green River, Wyoming and files with the IRS under EIN 200072699.
How many years of IRS 990 filings does Grfd Foundation Inc have?
Grfd Foundation Inc has 13 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 $113K in total revenue.
Is Grfd Foundation Inc a good charity?
Based on the available data, Grfd Foundation Inc demonstrates strong financial transparency regarding executive compensation (reporting 0%). However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's difficult to fully assess its spending efficiency and the direct impact of its funds. Its small scale and consistent asset base suggest stability, but more information on program activities and expense allocation would be beneficial for a complete evaluation.
How does Grfd Foundation Inc manage its finances given fluctuating revenues?
Grfd Foundation Inc manages its finances with fluctuating revenues by maintaining a relatively stable asset base (e.g., $67,861 in 2023, $72,553 in 2022) that generally exceeds annual expenses, even in years where expenses temporarily outpace revenue (e.g., 2023 and 2018). The consistent reporting of zero liabilities also indicates prudent financial management.
What is the organization's primary programmatic focus?
The provided IRS 990 data does not include an NTEE code or detailed program descriptions, making it impossible to determine Grfd Foundation Inc's primary programmatic focus from this information alone.
Filing History
IRS 990 filing history for Grfd Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Grfd Foundation Inc's revenue has declined by 13%, moving from $29K to $25K. Total assets increased by 115.3% over the same period, from $32K to $68K. Total functional expenses rose by 91.5%, from $16K to $30K. In its most recent filing year (2023), Grfd Foundation Inc reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $25K | $30K | $68K | $0 | — | — |
| 2022 | $26K | $28K | $73K | $0 | — | View 990 |
| 2021 | $16K | $14K | $75K | $0 | — | View 990 |
| 2020 | $23K | $22K | $73K | $0 | — | — |
| 2019 | $37K | $17K | $72K | $0 | — | — |
| 2018 | $17K | $31K | $52K | $0 | — | View 990 |
| 2017 | $34K | $40K | $67K | $0 | — | View 990 |
| 2016 | $20K | $14K | $72K | $0 | — | View 990 |
| 2015 | $27K | $13K | $66K | $0 | — | View 990 |
| 2014 | $23K | $23K | $52K | $0 | — | View 990 |
| 2013 | $30K | $16K | $53K | $0 | — | View 990 |
| 2012 | $25K | $20K | $37K | $0 | — | View 990 |
| 2011 | $29K | $16K | $32K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $25K, expenses of $30K, and assets of $68K (revenue -0.9% year-over-year).
- 2022: Revenue of $26K, expenses of $28K, and assets of $73K (revenue +65.0% year-over-year).
- 2021: Revenue of $16K, expenses of $14K, and assets of $75K (revenue -31.5% year-over-year).
- 2020: Revenue of $23K, expenses of $22K, and assets of $73K (revenue -39.0% year-over-year).
- 2019: Revenue of $37K, expenses of $17K, and assets of $72K (revenue +124.6% year-over-year).
- 2018: Revenue of $17K, expenses of $31K, and assets of $52K (revenue -51.3% year-over-year).
- 2017: Revenue of $34K, expenses of $40K, and assets of $67K (revenue +66.8% year-over-year).
- 2016: Revenue of $20K, expenses of $14K, and assets of $72K (revenue -25.4% year-over-year).
- 2015: Revenue of $27K, expenses of $13K, and assets of $66K (revenue +19.3% year-over-year).
- 2014: Revenue of $23K, expenses of $23K, and assets of $52K (revenue -22.6% year-over-year).
- 2013: Revenue of $30K, expenses of $16K, and assets of $53K (revenue +16.3% year-over-year).
- 2012: Revenue of $25K, expenses of $20K, and assets of $37K (revenue -12.9% year-over-year).
- 2011: Revenue of $29K, expenses of $16K, and assets of $32K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grfd Foundation Inc:
Data Sources and Methodology
This transparency report for Grfd 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.