Gwr Foundation
Gwr Foundation shows asset growth but recent years reveal expenses consistently exceeding revenue.
EIN: 202890579 · Fort Worth, TX · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.2M |
| Total Expenses | $467K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $8.5 |
| Net Assets | $8.1M |
| Transparency Score | 70/100 |
Is Gwr Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gwr Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gwr Foundation
Gwr Foundation (EIN: 202890579) is a nonprofit organization based in Fort Worth, TX, classified under NTEE code T22. The organization reported total revenue of $4.2M and total assets of $8.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gwr Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gwr Foundation is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). 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 | $263K |
| Total Expenses | $467K |
| Surplus / Deficit | $-203,991 |
| Total Assets | $8.1M |
| Total Liabilities | $1 |
| Net Assets | $8.1M |
| Operating Margin | -77.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 207.4 months |
Financial Health Grade: B
In 2023, Gwr Foundation reported a deficit of $204K with expenses exceeding revenue, holds 207.4 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), Gwr Foundation's revenue has declined at a compound annual growth rate (CAGR) of -9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -63.0% | -18.6% | -2.6% |
| 2022 | -21.2% | +15.3% | +1.4% |
| 2021 | +3659.2% | +3.4% | +5.1% |
| 2020 | -94.1% | +1.8% | -5.7% |
| 2019 | -67.8% | +63.6% | +27.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Gwr Foundation with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Gwr Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $204K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's officers are not compensated, which is highly unusual for an organization of its asset size ($8.5 million).
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 Gwr Foundation's IRS 990 filings:
- Expenses consistently exceeding revenue in recent years (e.g., 2023, 2022, 2020)
- Significant revenue volatility, with a sharp drop in 2020 ($23,958) and 2023 ($262,944) compared to prior years.
Strengths
The following positive indicators were identified for Gwr Foundation:
- Consistent growth in assets over the past decade, from $3.5 million in 2011 to over $8 million in 2023.
- Zero reported officer compensation, indicating a potentially volunteer-driven or highly cost-efficient leadership structure.
- Consistent IRS 990 filing history, demonstrating transparency and compliance.
- Minimal to no reported liabilities across all filing periods, indicating strong financial solvency.
Frequently Asked Questions about Gwr Foundation
Is Gwr Foundation a legitimate charity?
Gwr Foundation (EIN: 202890579) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.2M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Gwr Foundation spend its money?
Gwr Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Gwr Foundation tax-deductible?
Gwr Foundation is registered as a tax-exempt nonprofit (EIN: 202890579). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Gwr Foundation CEO make?
Gwr Foundation's highest-compensated officer earns $8.5 annually. The organization reported $4.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Gwr Foundation's spending goes to programs?
Gwr Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Gwr Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Gwr 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 Gwr Foundation located?
Gwr Foundation is headquartered in Fort Worth, Texas and files with the IRS under EIN 202890579. It is classified under NTEE code T22.
How many years of IRS 990 filings does Gwr Foundation have?
Gwr 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 $4.2M in total revenue.
Is Gwr Foundation financially sustainable given recent expense-to-revenue trends?
The foundation has experienced several years where expenses exceeded revenue (e.g., 2023, 2022, 2020), suggesting a reliance on its asset base or investment returns. This trend, if continued, could challenge long-term financial sustainability without increased revenue generation.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of spending categories beyond total expenses. A full IRS Form 990 would be needed to determine the exact allocation to programs, administration, and fundraising.
How does the 0% officer compensation impact the organization's operations?
The consistent reporting of 0% officer compensation suggests that leadership may be entirely volunteer-based or compensated through other means not reported as officer compensation. This could indicate a highly dedicated, lean operation but also raises questions about the sustainability of such a model for an organization managing significant assets.
Filing History
IRS 990 filing history for Gwr Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Gwr Foundation's revenue has declined by 70.9%, moving from $904K to $263K. Total assets increased by 126.5% over the same period, from $3.6M to $8.1M. Total functional expenses rose by 215.6%, from $148K to $467K. In its most recent filing year (2023), Gwr Foundation reported a deficit of $204K, with expenses exceeding revenue. The organization holds $1 in liabilities against $8.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $263K | $467K | $8.1M | $1 | — | — |
| 2022 | $710K | $574K | $8.3M | $1 | — | View 990 |
| 2021 | $901K | $498K | $8.2M | $1 | — | — |
| 2020 | $24K | $481K | $7.8M | $1 | — | — |
| 2019 | $406K | $473K | $8.2M | $1 | — | View 990 |
| 2015 | $1.3M | $289K | $6.5M | $0 | — | View 990 |
| 2014 | $1.4M | $284K | $5.5M | $0 | — | View 990 |
| 2013 | $841K | $219K | $4.4M | $0 | — | View 990 |
| 2012 | $957K | $216K | $3.8M | $0 | — | View 990 |
| 2011 | $904K | $148K | $3.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $263K, expenses of $467K, and assets of $8.1M (revenue -63.0% year-over-year).
- 2022: Revenue of $710K, expenses of $574K, and assets of $8.3M (revenue -21.2% year-over-year).
- 2021: Revenue of $901K, expenses of $498K, and assets of $8.2M (revenue +3659.2% year-over-year).
- 2020: Revenue of $24K, expenses of $481K, and assets of $7.8M (revenue -94.1% year-over-year).
- 2019: Revenue of $406K, expenses of $473K, and assets of $8.2M (revenue -67.8% year-over-year).
- 2015: Revenue of $1.3M, expenses of $289K, and assets of $6.5M (revenue -9.6% year-over-year).
- 2014: Revenue of $1.4M, expenses of $284K, and assets of $5.5M (revenue +65.9% year-over-year).
- 2013: Revenue of $841K, expenses of $219K, and assets of $4.4M (revenue -12.2% year-over-year).
- 2012: Revenue of $957K, expenses of $216K, and assets of $3.8M (revenue +5.9% year-over-year).
- 2011: Revenue of $904K, expenses of $148K, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gwr Foundation:
Data Sources and Methodology
This transparency report for Gwr 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.