Gto Foundation
Gto Foundation shows strong asset growth and low liabilities despite volatile revenue, with no reported officer compensation.
EIN: 208058053 · Bethesda, MD · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $189K |
| Total Expenses | $71K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is Gto Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gto Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gto Foundation
Gto Foundation (EIN: 208058053) is a nonprofit organization based in Bethesda, MD, classified under NTEE code T22. The organization reported total revenue of $189K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gto Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gto Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 31.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $591K |
| Total Expenses | $71K |
| Surplus / Deficit | +$520K |
| Total Assets | $1.2M |
| Total Liabilities | $519 |
| Net Assets | $1.2M |
| Operating Margin | 87.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 199.4 months |
Financial Health Grade: A
In 2023, Gto Foundation reported a surplus of $520K with revenue exceeding expenses, holds 199.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Gto Foundation's revenue has grown at a compound annual growth rate (CAGR) of 31.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -135.5% | +7.3% | -9.5% |
| 2020 | -100.6% | -46.5% | -8.0% |
| 2019 | -84.3% | +64.2% | -10.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Gto Foundation with a Mission Score of 85 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, Gto Foundation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $520K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with over $1 million in assets and significant revenue, suggesting either volunteer leadership or compensation is reported under other expense categories.
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 Gto Foundation's IRS 990 filings:
- Significant revenue volatility, including negative revenue in some years, indicates potential instability in funding sources.
- Lack of detailed expense breakdown in summary data makes it difficult to fully assess program vs. administrative spending efficiency.
- Consistent 0% officer compensation for an organization of this size and asset base is unusual and warrants further scrutiny to understand how leadership is supported.
Strengths
The following positive indicators were identified for Gto Foundation:
- Strong asset growth, increasing from $496,819 in 2011 to $1,188,185 in 2023, demonstrates effective financial management.
- Very low liabilities, consistently around $519 in recent years, indicates strong financial health and minimal debt.
- Consistent filing of IRS Form 990s over 10 periods shows a commitment to transparency and regulatory compliance.
- High efficiency in 2023, with expenses ($71,489) being a small fraction of revenue ($591,287), suggests a strong capacity to retain funds for mission-related activities or future growth.
Frequently Asked Questions about Gto Foundation
Is Gto Foundation a legitimate charity?
Gto Foundation (EIN: 208058053) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $189K. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does Gto Foundation spend its money?
Gto Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Gto Foundation tax-deductible?
Gto Foundation is registered as a tax-exempt nonprofit (EIN: 208058053). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Gto Foundation CEO make?
Gto Foundation's highest-compensated officer earns $1 annually. The organization reported $189K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Gto Foundation's spending goes to programs?
Gto Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Gto Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Gto Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gto Foundation located?
Gto Foundation is headquartered in Bethesda, Maryland and files with the IRS under EIN 208058053. It is classified under NTEE code T22.
How many years of IRS 990 filings does Gto Foundation have?
Gto Foundation has 10 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 $189K in total revenue.
How does Gto Foundation manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation suggests that the foundation's leadership may be entirely volunteer-based, or their compensation is categorized differently within the expense structure, which would require further investigation of their detailed 990 forms.
What caused the negative revenue figures in 2022 ($-33,638) and 2020 ($-435)?
Negative revenue can occur due to various reasons such as significant investment losses, returns of contributions, or adjustments from prior periods. A detailed review of the specific 990 forms for those years would be necessary to understand the exact causes.
What is the primary source of Gto Foundation's revenue, given its volatility?
The significant fluctuations in revenue, from negative figures to over half a million dollars, suggest that the foundation might rely on a few large, infrequent donations or investment income, rather than a consistent stream of smaller contributions. Further detail from the 990s would clarify this.
Filing History
IRS 990 filing history for Gto Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Gto Foundation's revenue has grown by 2607.2%, moving from $22K to $591K. Total assets increased by 139.2% over the same period, from $497K to $1.2M. Total functional expenses rose by 36.7%, from $52K to $71K. In its most recent filing year (2023), Gto Foundation reported a surplus of $520K, with revenue exceeding expenses. The organization holds $519 in liabilities against $1.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $591K | $71K | $1.2M | $519 | — | View 990 |
| 2022 | $-33,638 | $37K | $668K | $519 | — | View 990 |
| 2021 | $95K | $34K | $739K | $519 | — | View 990 |
| 2020 | $-435 | $59K | $678K | $1 | — | View 990 |
| 2019 | $67K | $109K | $737K | $1 | — | View 990 |
| 2015 | $428K | $67K | $821K | $0 | — | View 990 |
| 2014 | $43K | $37K | $459K | $0 | — | View 990 |
| 2013 | $36K | $47K | $454K | $0 | — | View 990 |
| 2012 | $22K | $54K | $465K | $0 | — | View 990 |
| 2011 | $22K | $52K | $497K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $591K, expenses of $71K, and assets of $1.2M.
- 2022: Revenue of $-33,638, expenses of $37K, and assets of $668K (revenue -135.5% year-over-year).
- 2021: Revenue of $95K, expenses of $34K, and assets of $739K.
- 2020: Revenue of $-435, expenses of $59K, and assets of $678K (revenue -100.6% year-over-year).
- 2019: Revenue of $67K, expenses of $109K, and assets of $737K (revenue -84.3% year-over-year).
- 2015: Revenue of $428K, expenses of $67K, and assets of $821K (revenue +907.1% year-over-year).
- 2014: Revenue of $43K, expenses of $37K, and assets of $459K (revenue +18.7% year-over-year).
- 2013: Revenue of $36K, expenses of $47K, and assets of $454K (revenue +63.0% year-over-year).
- 2012: Revenue of $22K, expenses of $54K, and assets of $465K (revenue +0.6% year-over-year).
- 2011: Revenue of $22K, expenses of $52K, and assets of $497K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gto Foundation:
Data Sources and Methodology
This transparency report for Gto 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.