Gridiron Greats Assistance Fund Inc
Gridiron Greats Assistance Fund Inc maintains stable finances with zero officer compensation and growing assets.
EIN: 208267965 · Park Ridge, IL · NTEE: P60 · Updated: 2026-03-28
About Gridiron Greats Assistance Fund Inc
Gridiron Greats Assistance Fund Inc (EIN: 208267965) is a nonprofit organization based in Park Ridge, IL, classified under NTEE code P60. The organization reported total revenue of $517K and total assets of $411K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gridiron Greats Assistance Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gridiron Greats Assistance Fund 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, Gridiron Greats Assistance Fund 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with latest revenue of $517,241.
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.
Strengths
The following positive indicators were identified for Gridiron Greats Assistance Fund Inc:
- Consistent 0% officer compensation, indicating strong financial efficiency and volunteer leadership.
- Growing net assets, from $229,964 in 2021 to $411,333 currently, demonstrating financial stability.
- Relatively low liabilities, such as $20,517 in 2023, indicating good debt management.
- Positive net income in most recent years (e.g., $48,780 in 2023, $25,448 in 2022), showing effective financial management.
Frequently Asked Questions about Gridiron Greats Assistance Fund Inc
How does Gridiron Greats Assistance Fund Inc manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership positions are filled by volunteers, or that any compensation for officers is covered by other means not classified as officer compensation on the 990, which is less likely given the consistent reporting. This model allows a greater proportion of funds to be directed towards its programs.
What is the trend in the organization's revenue and expenses?
Revenue has fluctuated, with a high of $544,695 in 2019 and a low of $246,313 in 2021. Recently, revenue has increased from $274,114 in 2022 to $336,602 in 2023, and $517,241 in the latest period. Expenses generally track revenue, with the organization consistently spending less than or close to its revenue, indicating sound financial management and avoiding significant deficits in most years.
Is the organization's asset growth sustainable?
The organization has shown consistent asset growth in recent years, from $214,029 in 2020 to $411,333 currently. This growth, coupled with relatively low liabilities, suggests a sustainable accumulation of resources, likely from retained earnings, which strengthens its long-term financial health.
Filing History
IRS 990 filing history for Gridiron Greats Assistance Fund Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Gridiron Greats Assistance Fund Inc's revenue has grown by 22.3%, moving from $275K to $337K. Total assets increased by 90.2% over the same period, from $170K to $324K. Total functional expenses rose by 12.8%, from $255K to $288K. In its most recent filing year (2023), Gridiron Greats Assistance Fund Inc reported a surplus of $49K, with revenue exceeding expenses. The organization holds $21K in liabilities against $324K in assets (debt-to-asset ratio: 6.3%), resulting in net assets of $303K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $337K | $288K | $324K | $21K | — | — |
| 2022 | $274K | $249K | $272K | $18K | — | — |
| 2021 | $246K | $231K | $230K | $950 | — | View 990 |
| 2020 | $402K | $365K | $214K | $206 | — | View 990 |
| 2019 | $545K | $471K | $185K | $8K | — | View 990 |
| 2018 | $261K | $389K | $105K | $2K | — | View 990 |
| 2017 | $484K | $432K | $235K | $3K | — | — |
| 2016 | $408K | $552K | $181K | $2K | — | View 990 |
| 2015 | $525K | $470K | $325K | $2K | — | View 990 |
| 2014 | $454K | $573K | $275K | $7K | — | View 990 |
| 2013 | $497K | $424K | $390K | $3K | — | View 990 |
| 2012 | $478K | $280K | $324K | $11K | — | View 990 |
| 2011 | $281K | $301K | $130K | $14K | — | View 990 |
| 2010 | $275K | $255K | $170K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $337K, expenses of $288K, and assets of $324K (revenue +22.8% year-over-year).
- 2022: Revenue of $274K, expenses of $249K, and assets of $272K (revenue +11.3% year-over-year).
- 2021: Revenue of $246K, expenses of $231K, and assets of $230K (revenue -38.7% year-over-year).
- 2020: Revenue of $402K, expenses of $365K, and assets of $214K (revenue -26.3% year-over-year).
- 2019: Revenue of $545K, expenses of $471K, and assets of $185K (revenue +109.1% year-over-year).
- 2018: Revenue of $261K, expenses of $389K, and assets of $105K (revenue -46.2% year-over-year).
- 2017: Revenue of $484K, expenses of $432K, and assets of $235K (revenue +18.7% year-over-year).
- 2016: Revenue of $408K, expenses of $552K, and assets of $181K (revenue -22.3% year-over-year).
- 2015: Revenue of $525K, expenses of $470K, and assets of $325K (revenue +15.7% year-over-year).
- 2014: Revenue of $454K, expenses of $573K, and assets of $275K (revenue -8.6% year-over-year).
- 2013: Revenue of $497K, expenses of $424K, and assets of $390K (revenue +4.0% year-over-year).
- 2012: Revenue of $478K, expenses of $280K, and assets of $324K (revenue +70.1% year-over-year).
- 2011: Revenue of $281K, expenses of $301K, and assets of $130K (revenue +2.0% year-over-year).
- 2010: Revenue of $275K, expenses of $255K, and assets of $170K.
Data Sources and Methodology
This transparency report for Gridiron Greats Assistance Fund 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.