James And Chloe Gilman Charitable Foundation Inc
James And Chloe Gilman Charitable Foundation maintains strong assets and zero executive compensation.
EIN: 200973410 · Butte, MT · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $591K |
| Total Expenses | $74K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $4.6M |
| Transparency Score | 90/100 |
Is James And Chloe Gilman Charitable Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
James And Chloe Gilman Charitable Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About James And Chloe Gilman Charitable Foundation Inc
James And Chloe Gilman Charitable Foundation Inc (EIN: 200973410) is a nonprofit organization based in Butte, MT, classified under NTEE code T22. The organization reported total revenue of $591K and total assets of $4.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of James And Chloe Gilman Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
James And Chloe Gilman Charitable Foundation Inc is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $276K |
| Total Expenses | $74K |
| Surplus / Deficit | +$202K |
| Total Assets | $4.6M |
| Total Liabilities | $1 |
| Net Assets | $4.6M |
| Operating Margin | 73.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 744.6 months |
Financial Health Grade: A
In 2023, James And Chloe Gilman Charitable Foundation Inc reported a surplus of $202K with revenue exceeding expenses, holds 744.6 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), James And Chloe Gilman Charitable Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.6% | -78.8% | +9.7% |
| 2022 | -21.5% | +34.3% | -16.2% |
| 2021 | +147.3% | +12.2% | +6.8% |
| 2020 | -26.0% | -1.2% | +1.4% |
| 2019 | -63.1% | +53.0% | +50.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 James And Chloe Gilman Charitable Foundation 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, James And Chloe Gilman Charitable Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $202K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly unusual for an organization of its size with assets nearing $5 million, suggesting a volunteer-led or very lean operational structure, which maximizes funds available for charitable purposes.
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 James And Chloe Gilman Charitable Foundation Inc:
- Consistent asset growth, from $1.57M in 2011 to $4.61M in 2023, indicating strong financial management.
- Zero officer compensation reported across all filings, maximizing funds for charitable programs.
- Minimal to no liabilities reported, demonstrating excellent financial stability.
- Consistent IRS 990 filing history over 10 years, indicating good transparency.
- High program spending efficiency due to very low administrative overhead.
Frequently Asked Questions about James And Chloe Gilman Charitable Foundation Inc
Is James And Chloe Gilman Charitable Foundation Inc a legitimate charity?
James And Chloe Gilman Charitable Foundation Inc (EIN: 200973410) is a registered tax-exempt nonprofit based in Montana. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $591K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does James And Chloe Gilman Charitable Foundation Inc spend its money?
James And Chloe Gilman Charitable Foundation Inc directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to James And Chloe Gilman Charitable Foundation Inc tax-deductible?
James And Chloe Gilman Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200973410). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the James And Chloe Gilman Charitable Foundation Inc CEO make?
James And Chloe Gilman Charitable Foundation Inc's highest-compensated officer earns $5 annually. The organization reported $591K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does James And Chloe Gilman Charitable Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), James And Chloe Gilman Charitable Foundation Inc 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 James And Chloe Gilman Charitable Foundation Inc located?
James And Chloe Gilman Charitable Foundation Inc is headquartered in Butte, Montana and files with the IRS under EIN 200973410. It is classified under NTEE code T22.
How many years of IRS 990 filings does James And Chloe Gilman Charitable Foundation Inc have?
James And Chloe Gilman Charitable Foundation Inc 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 $591K in total revenue.
How does the foundation manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the foundation is either entirely volunteer-run at the executive level or that any administrative functions are handled by external, non-officer staff or pro bono services, allowing more funds to be directed to its mission.
What is the primary focus of the foundation's grants?
Based on the NTEE code T22 (Foundations & Fund-Raising Organizations), the foundation primarily operates as a grant-making entity. Without further detail on its specific grant recipients, the exact focus of its charitable distributions is not discernible from the provided data.
Is the foundation's asset growth sustainable?
The foundation has shown consistent asset growth, from $1.57 million in 2011 to $4.61 million in 2023. This growth, coupled with fluctuating but generally positive net revenues (revenue minus expenses), suggests a sustainable financial model, likely driven by investment returns on its endowment.
Filing History
IRS 990 filing history for James And Chloe Gilman Charitable Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), James And Chloe Gilman Charitable Foundation Inc's revenue has declined by 18.9%, moving from $340K to $276K. Total assets increased by 193.9% over the same period, from $1.6M to $4.6M. Total functional expenses rose by 15.3%, from $64K to $74K. In its most recent filing year (2023), James And Chloe Gilman Charitable Foundation Inc reported a surplus of $202K, with revenue exceeding expenses. The organization holds $1 in liabilities against $4.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $276K | $74K | $4.6M | $1 | — | View 990 |
| 2022 | $309K | $351K | $4.2M | $1 | — | View 990 |
| 2021 | $394K | $261K | $5.0M | $1 | — | — |
| 2020 | $159K | $233K | $4.7M | $1 | — | — |
| 2019 | $215K | $236K | $4.6M | $1 | — | View 990 |
| 2015 | $583K | $154K | $3.1M | $0 | — | View 990 |
| 2014 | $557K | $136K | $2.9M | $0 | — | View 990 |
| 2013 | $426K | $101K | $2.4M | $0 | — | View 990 |
| 2012 | $356K | $65K | $1.9M | $0 | — | View 990 |
| 2011 | $340K | $64K | $1.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $276K, expenses of $74K, and assets of $4.6M (revenue -10.6% year-over-year).
- 2022: Revenue of $309K, expenses of $351K, and assets of $4.2M (revenue -21.5% year-over-year).
- 2021: Revenue of $394K, expenses of $261K, and assets of $5.0M (revenue +147.3% year-over-year).
- 2020: Revenue of $159K, expenses of $233K, and assets of $4.7M (revenue -26.0% year-over-year).
- 2019: Revenue of $215K, expenses of $236K, and assets of $4.6M (revenue -63.1% year-over-year).
- 2015: Revenue of $583K, expenses of $154K, and assets of $3.1M (revenue +4.7% year-over-year).
- 2014: Revenue of $557K, expenses of $136K, and assets of $2.9M (revenue +30.8% year-over-year).
- 2013: Revenue of $426K, expenses of $101K, and assets of $2.4M (revenue +19.5% year-over-year).
- 2012: Revenue of $356K, expenses of $65K, and assets of $1.9M (revenue +4.7% year-over-year).
- 2011: Revenue of $340K, expenses of $64K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for James And Chloe Gilman Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for James And Chloe Gilman Charitable 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.