Gvtc Foundation Inc

Gvtc Foundation Inc consistently maintains financial surpluses and growing assets with no reported officer compensation.

EIN: 205731821 · New Braunfels, TX · NTEE: T30 · Updated: 2026-03-28

$1.2MRevenue

$3.6MAssets

95/100Mission Score (Excellent)

T30

About Gvtc Foundation Inc

Gvtc Foundation Inc (EIN: 205731821) is a nonprofit organization based in New Braunfels, TX, classified under NTEE code T30. The organization reported total revenue of $1.2M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gvtc Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Gvtc Foundation Inc demonstrates consistent financial health with a steady increase in assets over the past decade, reaching $2,801,522 in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenue of $731,013 exceeded expenses of $585,462. This indicates sound financial management and the ability to build reserves. Their spending efficiency appears strong, with no reported officer compensation, suggesting that resources are primarily directed towards programmatic activities and operational needs rather than executive salaries. The absence of officer compensation also points to a high degree of transparency regarding how funds are allocated, as this is a common area of scrutiny for nonprofits.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Gvtc Foundation Inc with a Mission Score of 95 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: 90%
fundraising: 0%

According to IRS 990 filings, Gvtc Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-led executive structure or that compensation is covered by an affiliated entity, which is a strong positive for directing funds to the 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.

Strengths

The following positive indicators were identified for Gvtc Foundation Inc:

Consistent financial surpluses, with revenue exceeding expenses in all reported periods (e.g., $731,013 revenue vs. $585,462 expenses in 2023).
Steady growth in assets, increasing from $635,028 in 2014 to $2,801,522 in 2023.
0% officer compensation reported across all filings, indicating efficient use of funds and strong commitment to mission.
Low liabilities relative to assets, demonstrating strong financial stability (e.g., $75,506 liabilities vs. $2,801,522 assets in 2023).

Frequently Asked Questions about Gvtc Foundation Inc

Is Gvtc Foundation Inc a good charity?

Based on the available financial data, Gvtc Foundation Inc appears to be a very good charity. They consistently operate with a surplus, have growing assets, and report 0% officer compensation, indicating efficient use of funds and a strong commitment to their mission.

How has Gvtc Foundation Inc's financial health changed over time?

Gvtc Foundation Inc has shown consistent financial growth and stability. Their assets have steadily increased from $635,028 in 2014 to $2,801,522 in 2023, and they have consistently maintained a positive net income, with revenues exceeding expenses in every reported period.

What is Gvtc Foundation Inc's approach to executive compensation?

Gvtc Foundation Inc reports 0% officer compensation in all available filings, meaning no salaries are paid to its officers. This is a highly favorable indicator of financial stewardship and a strong commitment to directing resources towards programmatic activities.

Filing History

IRS 990 filing history for Gvtc Foundation Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Gvtc Foundation Inc's revenue has grown by 87.2%, moving from $390K to $731K. Total assets increased by 1059.7% over the same period, from $242K to $2.8M. Total functional expenses rose by 110.3%, from $278K to $585K. In its most recent filing year (2023), Gvtc Foundation Inc reported a surplus of $146K, with revenue exceeding expenses. The organization holds $76K in liabilities against $2.8M in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $2.7M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$731K	$585K	$2.8M	$76K	—	—
2022	$1.1M	$659K	$2.4M	$80K	—	View 990
2021	$730K	$512K	$2.4M	$78K	—	View 990
2020	$728K	$609K	$2.2M	$108K	—	View 990
2019	$769K	$595K	$1.9M	$205K	—	View 990
2018	$828K	$532K	$1.6M	$158K	—	View 990
2017	$796K	$496K	$1.4M	$90K	—	View 990
2016	$644K	$398K	$1.1M	$159K	—	View 990
2015	$494K	$373K	$744K	$64K	—	View 990
2014	$471K	$342K	$635K	$40K	—	View 990
2013	$349K	$268K	$466K	$0	—	View 990
2012	$361K	$241K	$362K	$0	—	View 990
2011	$390K	$278K	$242K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $731K, expenses of $585K, and assets of $2.8M (revenue -32.8% year-over-year).
2022: Revenue of $1.1M, expenses of $659K, and assets of $2.4M (revenue +49.1% year-over-year).
2021: Revenue of $730K, expenses of $512K, and assets of $2.4M (revenue +0.2% year-over-year).
2020: Revenue of $728K, expenses of $609K, and assets of $2.2M (revenue -5.3% year-over-year).
2019: Revenue of $769K, expenses of $595K, and assets of $1.9M (revenue -7.2% year-over-year).
2018: Revenue of $828K, expenses of $532K, and assets of $1.6M (revenue +4.0% year-over-year).
2017: Revenue of $796K, expenses of $496K, and assets of $1.4M (revenue +23.7% year-over-year).
2016: Revenue of $644K, expenses of $398K, and assets of $1.1M (revenue +30.2% year-over-year).
2015: Revenue of $494K, expenses of $373K, and assets of $744K (revenue +5.0% year-over-year).
2014: Revenue of $471K, expenses of $342K, and assets of $635K (revenue +35.0% year-over-year).
2013: Revenue of $349K, expenses of $268K, and assets of $466K (revenue -3.5% year-over-year).
2012: Revenue of $361K, expenses of $241K, and assets of $362K (revenue -7.5% year-over-year).
2011: Revenue of $390K, expenses of $278K, and assets of $242K.

Data Sources and Methodology

This transparency report for Gvtc 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.