James Geno And Hiltrud J Gordon Memorial Fund
James Geno And Hiltrud J Gordon Memorial Fund maintains stable assets with fluctuating revenue and consistent expenses.
EIN: 206307998 · Louisville, KY · NTEE: T112 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $56K |
| Total Expenses | $40K |
| Program Spending | 90% |
| Net Assets | $469K |
| Transparency Score | 85/100 |
Is James Geno And Hiltrud J Gordon Memorial Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
James Geno And Hiltrud J Gordon Memorial Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About James Geno And Hiltrud J Gordon Memorial Fund
James Geno And Hiltrud J Gordon Memorial Fund (EIN: 206307998) is a nonprofit organization based in Louisville, KY, classified under NTEE code T112. The organization reported total revenue of $56K and total assets of $465K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of James Geno And Hiltrud J Gordon Memorial Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
James Geno And Hiltrud J Gordon Memorial Fund is a micro nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 31.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $48K |
| Total Expenses | $40K |
| Surplus / Deficit | +$8K |
| Total Assets | $469K |
| Net Assets | $469K |
| Operating Margin | 17.4% |
| Months of Reserves | 142.3 months |
Financial Health Grade: A
In 2023, James Geno And Hiltrud J Gordon Memorial Fund reported a surplus of $8K with revenue exceeding expenses, holds 142.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), James Geno And Hiltrud J Gordon Memorial Fund's revenue has grown at a compound annual growth rate (CAGR) of 31.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +284.3% | +1.4% | -3.1% |
| 2022 | -74.2% | +13.3% | -0.7% |
| 2021 | +33.1% | +7.0% | +2.1% |
| 2020 | +245.5% | +5.4% | +1.7% |
| 2019 | -2.7% | +0.0% | -4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Geno And Hiltrud J Gordon Memorial Fund 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: 90%
- fundraising: 0%
According to IRS 990 filings, James Geno And Hiltrud J Gordon Memorial Fund 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led board or that executive functions are handled without direct salary compensation, which is highly efficient for a foundation of this size.
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 James Geno And Hiltrud J Gordon Memorial Fund's IRS 990 filings:
- Expenses frequently exceed revenue, drawing down on assets (e.g., 2022: Revenue $12,451, Expenses $38,969; 2019: Revenue $10,514, Expenses $30,478).
- Lack of detailed expense breakdown beyond total expenses in the provided summary data makes it difficult to fully assess program efficiency.
Strengths
The following positive indicators were identified for James Geno And Hiltrud J Gordon Memorial Fund:
- Consistent IRS 990 filing history (13 filings) demonstrates strong transparency.
- Zero officer compensation reported across all years, indicating highly efficient leadership costs.
- No reported liabilities, suggesting strong financial management and stability.
- Substantial asset base ($465,199) provides a solid foundation for future grantmaking.
Frequently Asked Questions about James Geno And Hiltrud J Gordon Memorial Fund
Is James Geno And Hiltrud J Gordon Memorial Fund a legitimate charity?
James Geno And Hiltrud J Gordon Memorial Fund (EIN: 206307998) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $56K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does James Geno And Hiltrud J Gordon Memorial Fund spend its money?
James Geno And Hiltrud J Gordon Memorial Fund directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to James Geno And Hiltrud J Gordon Memorial Fund tax-deductible?
James Geno And Hiltrud J Gordon Memorial Fund is registered as a tax-exempt nonprofit (EIN: 206307998). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does James Geno And Hiltrud J Gordon Memorial Fund compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), James Geno And Hiltrud J Gordon Memorial Fund is above average for NTEE category T112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is James Geno And Hiltrud J Gordon Memorial Fund located?
James Geno And Hiltrud J Gordon Memorial Fund is headquartered in Louisville, Kentucky and files with the IRS under EIN 206307998. It is classified under NTEE code T112.
How many years of IRS 990 filings does James Geno And Hiltrud J Gordon Memorial Fund have?
James Geno And Hiltrud J Gordon Memorial Fund has 13 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 $56K in total revenue.
What are the specific grants or programs funded by the organization?
The IRS 990-PF (for private foundations) would typically detail specific grants made. Without access to the full 990-PF, we can only infer that its expenses primarily represent grantmaking activities given its foundation status and NTEE code.
How does the organization manage its assets to generate revenue?
Given the fluctuating revenue, which sometimes exceeds and sometimes falls below expenses, the organization likely relies on investment income from its substantial asset base ($465,199) to support its grantmaking activities. The specific investment strategy is not detailed in the summary data.
Is the organization's spending sustainable given its revenue trends?
In several years (e.g., 2019, 2018, 2017, 2016, 2015, 2014), expenses significantly exceeded revenue, leading to a draw-down on assets. While assets remain substantial, this trend suggests that the organization relies on its endowment to cover operational and grantmaking costs, which is typical for a private foundation but requires careful management to ensure long-term sustainability.
Filing History
IRS 990 filing history for James Geno And Hiltrud J Gordon Memorial Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), James Geno And Hiltrud J Gordon Memorial Fund's revenue has grown by 2522.1%, moving from $2K to $48K. Total assets decreased by 18.7% over the same period, from $577K to $469K. Total functional expenses rose by 1854.1%, from $2K to $40K. In its most recent filing year (2023), James Geno And Hiltrud J Gordon Memorial Fund reported a surplus of $8K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $48K | $40K | $469K | $0 | — | — |
| 2022 | $12K | $39K | $484K | $0 | — | — |
| 2021 | $48K | $34K | $487K | $0 | — | — |
| 2020 | $36K | $32K | $477K | $0 | — | View 990 |
| 2019 | $11K | $30K | $469K | $0 | — | View 990 |
| 2018 | $11K | $30K | $489K | $0 | — | View 990 |
| 2017 | $17K | $30K | $509K | $0 | — | View 990 |
| 2016 | $12K | $31K | $522K | $0 | — | View 990 |
| 2015 | $10K | $32K | $541K | $0 | — | View 990 |
| 2014 | $7K | $34K | $564K | $0 | — | View 990 |
| 2013 | $19K | $4K | $591K | $0 | — | View 990 |
| 2012 | $2K | $3K | $576K | $0 | — | View 990 |
| 2011 | $2K | $2K | $577K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $48K, expenses of $40K, and assets of $469K (revenue +284.3% year-over-year).
- 2022: Revenue of $12K, expenses of $39K, and assets of $484K (revenue -74.2% year-over-year).
- 2021: Revenue of $48K, expenses of $34K, and assets of $487K (revenue +33.1% year-over-year).
- 2020: Revenue of $36K, expenses of $32K, and assets of $477K (revenue +245.5% year-over-year).
- 2019: Revenue of $11K, expenses of $30K, and assets of $469K (revenue -2.7% year-over-year).
- 2018: Revenue of $11K, expenses of $30K, and assets of $489K (revenue -36.1% year-over-year).
- 2017: Revenue of $17K, expenses of $30K, and assets of $509K (revenue +42.1% year-over-year).
- 2016: Revenue of $12K, expenses of $31K, and assets of $522K (revenue +23.1% year-over-year).
- 2015: Revenue of $10K, expenses of $32K, and assets of $541K (revenue +40.4% year-over-year).
- 2014: Revenue of $7K, expenses of $34K, and assets of $564K (revenue -63.6% year-over-year).
- 2013: Revenue of $19K, expenses of $4K, and assets of $591K (revenue +866.8% year-over-year).
- 2012: Revenue of $2K, expenses of $3K, and assets of $576K (revenue +7.1% year-over-year).
- 2011: Revenue of $2K, expenses of $2K, and assets of $577K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for James Geno And Hiltrud J Gordon Memorial Fund:
Data Sources and Methodology
This transparency report for James Geno And Hiltrud J Gordon Memorial Fund 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.