Griffiths E S And M Succ Co T A Fdn Tr
Griffiths E S And M Succ Co T A Fdn Tr shows strong asset growth and no officer compensation.
EIN: 116577624 · Brooklyn, OH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.1M |
| Total Expenses | $2.5M |
| Program Spending | 90% |
| Net Assets | $35.3M |
| Transparency Score | 90/100 |
Is Griffiths E S And M Succ Co T A Fdn Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Griffiths E S And M Succ Co T A Fdn Tr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Griffiths E S And M Succ Co T A Fdn Tr
Griffiths E S And M Succ Co T A Fdn Tr (EIN: 116577624) is a nonprofit organization based in Brooklyn, OH. The organization reported total revenue of $4.1M and total assets of $34.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Griffiths E S And M Succ Co T A Fdn Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Griffiths E S And M Succ Co T A Fdn Tr is a mid-size nonprofit, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 9.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.9M |
| Total Expenses | $2.5M |
| Surplus / Deficit | +$11.4M |
| Total Assets | $35.3M |
| Total Liabilities | $1 |
| Net Assets | $35.3M |
| Operating Margin | 81.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 167.6 months |
Financial Health Grade: A
In 2023, Griffiths E S And M Succ Co T A Fdn Tr reported a surplus of $11.4M with revenue exceeding expenses, holds 167.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2023), Griffiths E S And M Succ Co T A Fdn Tr's revenue has grown at a compound annual growth rate (CAGR) of 9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +452.9% | +10.4% | +48.0% |
| 2022 | -13.5% | +18.3% | +0.8% |
| 2021 | +186.4% | +3.0% | +4.6% |
| 2020 | +71.3% | +7.0% | -2.2% |
| 2019 | -78.2% | +39.9% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
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 Griffiths E S And M Succ Co T A Fdn Tr 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Griffiths E S And M Succ Co T A Fdn Tr allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $11.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation from the organization, which is a strong positive for financial efficiency and mission focus.
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 Griffiths E S And M Succ Co T A Fdn Tr's IRS 990 filings:
- Significant revenue volatility across years, making future income less predictable.
Strengths
The following positive indicators were identified for Griffiths E S And M Succ Co T A Fdn Tr:
- Strong and consistent asset growth, reaching $35,317,510 in 202307.
- Extremely low liabilities ($1 or $0) across all reported periods, indicating financial stability.
- 0% officer compensation reported in all filings, suggesting high efficiency and mission focus.
- Substantial revenue surplus in the latest filing ($13,943,969 revenue vs. $2,528,175 expenses in 202307).
Frequently Asked Questions about Griffiths E S And M Succ Co T A Fdn Tr
Is Griffiths E S And M Succ Co T A Fdn Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Griffiths E S And M Succ Co T A Fdn Tr (EIN: 116577624) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Griffiths E S And M Succ Co T A Fdn Tr spend its money?
Griffiths E S And M Succ Co T A Fdn Tr directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Griffiths E S And M Succ Co T A Fdn Tr tax-deductible?
Griffiths E S And M Succ Co T A Fdn Tr is registered as a tax-exempt nonprofit (EIN: 116577624). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Griffiths E S And M Succ Co T A Fdn Tr's spending goes to programs?
Griffiths E S And M Succ Co T A Fdn Tr directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Griffiths E S And M Succ Co T A Fdn Tr located?
Griffiths E S And M Succ Co T A Fdn Tr is headquartered in Brooklyn, Ohio and files with the IRS under EIN 116577624.
How many years of IRS 990 filings does Griffiths E S And M Succ Co T A Fdn Tr have?
Griffiths E S And M Succ Co T A Fdn Tr has 9 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 $4.1M in total revenue.
Is Griffiths E S And M Succ Co T A Fdn Tr a good charity?
Based on the provided financial data, Griffiths E S And M Succ Co T A Fdn Tr appears to be a very good charity. It demonstrates strong financial health with growing assets ($35,317,510 in 202307), very low liabilities ($1), and a consistent record of no officer compensation, suggesting efficient use of funds for its mission.
How has the organization's revenue changed over time?
The organization's revenue has fluctuated significantly, with a notable peak of $13,943,969 in 202307, a substantial increase from $2,522,039 in 202207 and a low of $-778,093 in 201307. This volatility suggests reliance on varied income streams, potentially including investment gains or large one-time contributions.
What is the trend in the organization's assets?
The organization's assets have shown a strong upward trend, growing from $20,698,408 in 201307 to $35,317,510 in 202307. This consistent growth, especially the significant jump from $23,857,110 in 202207 to $35,317,510 in 202307, indicates robust financial management and accumulation of resources.
Are there any concerns regarding liabilities?
No, there are no concerns regarding liabilities. The organization consistently reports extremely low liabilities, either $0 or $1, across all available filing periods, indicating excellent financial stability and minimal debt.
Filing History
IRS 990 filing history for Griffiths E S And M Succ Co T A Fdn Tr showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Griffiths E S And M Succ Co T A Fdn Tr's revenue has grown by 179.5%, moving from $5.0M to $13.9M. Total assets increased by 54% over the same period, from $22.9M to $35.3M. Total functional expenses rose by 48.8%, from $1.7M to $2.5M. In its most recent filing year (2023), Griffiths E S And M Succ Co T A Fdn Tr reported a surplus of $11.4M, with revenue exceeding expenses. The organization holds $1 in liabilities against $35.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $35.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.9M | $2.5M | $35.3M | $1 | — | View 990 |
| 2022 | $2.5M | $2.3M | $23.9M | $1 | — | View 990 |
| 2021 | $2.9M | $1.9M | $23.7M | $1 | — | View 990 |
| 2020 | $1.0M | $1.9M | $22.6M | $1 | — | — |
| 2019 | $594K | $1.8M | $23.2M | $0 | — | View 990 |
| 2015 | $2.7M | $1.3M | $23.2M | $0 | — | View 990 |
| 2014 | $2.5M | $1.4M | $21.8M | $0 | — | View 990 |
| 2013 | $-778,093 | $1.5M | $20.7M | $0 | — | View 990 |
| 2012 | $5.0M | $1.7M | $22.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.9M, expenses of $2.5M, and assets of $35.3M (revenue +452.9% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.3M, and assets of $23.9M (revenue -13.5% year-over-year).
- 2021: Revenue of $2.9M, expenses of $1.9M, and assets of $23.7M (revenue +186.4% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.9M, and assets of $22.6M (revenue +71.3% year-over-year).
- 2019: Revenue of $594K, expenses of $1.8M, and assets of $23.2M (revenue -78.2% year-over-year).
- 2015: Revenue of $2.7M, expenses of $1.3M, and assets of $23.2M (revenue +8.5% year-over-year).
- 2014: Revenue of $2.5M, expenses of $1.4M, and assets of $21.8M.
- 2013: Revenue of $-778,093, expenses of $1.5M, and assets of $20.7M (revenue -115.6% year-over-year).
- 2012: Revenue of $5.0M, expenses of $1.7M, and assets of $22.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Griffiths E S And M Succ Co T A Fdn Tr:
Data Sources and Methodology
This transparency report for Griffiths E S And M Succ Co T A Fdn 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.