Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation
Merice Boo Johnston Grigsby Foundation maintains stable assets with zero reported officer compensation amidst fluctuating revenues.
EIN: 208091007 · Baton Rouge, LA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $553K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $5.2M |
| Transparency Score | 85/100 |
Is Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation
Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation (EIN: 208091007) is a nonprofit organization based in Baton Rouge, LA, classified under NTEE code T20. The organization reported total revenue of $1.8M and total assets of $4.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation is a mid-size 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 -14.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $624K |
| Total Expenses | $553K |
| Surplus / Deficit | +$72K |
| Total Assets | $5.2M |
| Total Liabilities | $1 |
| Net Assets | $5.2M |
| Operating Margin | 11.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 113.9 months |
Financial Health Grade: A
In 2023, Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation reported a surplus of $72K with revenue exceeding expenses, holds 113.9 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), Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation's revenue has declined at a compound annual growth rate (CAGR) of -14.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.0% | -16.4% | +1.4% |
| 2022 | +2.4% | +4.5% | -1.2% |
| 2021 | -44.2% | -10.0% | -0.9% |
| 2020 | +48.9% | +19.0% | +7.0% |
| 2019 | -52.4% | -30.4% | +90.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation 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 surplus of $72K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Merice Boo Johnston Grigsby Foundation consistently reports $0 in officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly unusual for an organization with assets exceeding $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 Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data makes full spending efficiency assessment difficult.
Strengths
The following positive indicators were identified for Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation:
- Consistent reporting of $0 officer compensation, indicating very low executive overhead.
- Strong balance sheet with minimal liabilities ($0 or $1 reported consistently).
- Consistent growth in assets over the long term, from $4,720,933 in 2011 to $5,247,779 in 2023, demonstrating financial stability.
- Maintained financial stability despite significant fluctuations in annual revenue.
Frequently Asked Questions about Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation
Is Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation (EIN: 208091007) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation spend its money?
Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation tax-deductible?
Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation is registered as a tax-exempt nonprofit (EIN: 208091007). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation CEO make?
Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation's highest-compensated officer earns $0 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation's spending goes to programs?
Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation located?
Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation is headquartered in Baton Rouge, Louisiana and files with the IRS under EIN 208091007. It is classified under NTEE code T20.
How many years of IRS 990 filings does Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation have?
Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation 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 $1.8M in total revenue.
How does the Merice Boo Johnston Grigsby Foundation manage to operate with $0 in reported officer compensation?
The consistent reporting of $0 in officer compensation across all filings (2011-2023) suggests that the foundation's leadership may be entirely volunteer-based, or compensation is structured in a way that is not reported as officer compensation on the IRS Form 990. This is a significant indicator of low administrative overhead related to executive pay.
What are the primary sources of the foundation's fluctuating revenue?
The provided data shows significant fluctuations in annual revenue, ranging from $4,065,474 in 2011 to $586,132 in 2021. Without more detailed financial statements, it's impossible to pinpoint the exact sources, but such variability often suggests reliance on grants, investment income, or large individual donations that are not consistent year-to-year.
What specific programs does the Merice Boo Johnston Grigsby Foundation fund?
The NTEE code T20 indicates the organization is involved in 'Foundations, Grantmaking & Giving Services'. However, the provided financial data does not detail the specific programs or beneficiaries of the grants made by the foundation. Further investigation into their public disclosures or website would be necessary to understand their programmatic focus.
Filing History
IRS 990 filing history for Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation's revenue has declined by 84.6%, moving from $4.1M to $624K. Total assets increased by 11.2% over the same period, from $4.7M to $5.2M. Total functional expenses rose by 9.5%, from $505K to $553K. In its most recent filing year (2023), Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation reported a surplus of $72K, with revenue exceeding expenses. The organization holds $1 in liabilities against $5.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $624K | $553K | $5.2M | $1 | — | View 990 |
| 2022 | $600K | $661K | $5.2M | $1 | — | View 990 |
| 2021 | $586K | $633K | $5.2M | $1 | — | View 990 |
| 2020 | $1.1M | $703K | $5.3M | $1 | — | View 990 |
| 2019 | $706K | $591K | $4.9M | $1 | — | View 990 |
| 2015 | $1.5M | $849K | $2.6M | $1 | — | View 990 |
| 2014 | $1.2M | $1.1M | $2.0M | $1 | — | View 990 |
| 2013 | $2.9M | $6.1M | $1.9M | $0 | — | View 990 |
| 2012 | $2.4M | $2.5M | $4.6M | $1 | — | View 990 |
| 2011 | $4.1M | $505K | $4.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $624K, expenses of $553K, and assets of $5.2M (revenue +4.0% year-over-year).
- 2022: Revenue of $600K, expenses of $661K, and assets of $5.2M (revenue +2.4% year-over-year).
- 2021: Revenue of $586K, expenses of $633K, and assets of $5.2M (revenue -44.2% year-over-year).
- 2020: Revenue of $1.1M, expenses of $703K, and assets of $5.3M (revenue +48.9% year-over-year).
- 2019: Revenue of $706K, expenses of $591K, and assets of $4.9M (revenue -52.4% year-over-year).
- 2015: Revenue of $1.5M, expenses of $849K, and assets of $2.6M (revenue +25.9% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.1M, and assets of $2.0M (revenue -58.9% year-over-year).
- 2013: Revenue of $2.9M, expenses of $6.1M, and assets of $1.9M (revenue +17.7% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.5M, and assets of $4.6M (revenue -40.1% year-over-year).
- 2011: Revenue of $4.1M, expenses of $505K, and assets of $4.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation:
Data Sources and Methodology
This transparency report for Merice Boo Johnston Grigsby Foundation A Nonprofit Corporation 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.