Peter And Josephine Grayson Foundation
Peter And Josephine Grayson Foundation maintains strong assets with no officer compensation, though recent expenses have slightly outpaced revenue.
EIN: 133949093 · Red Bank, NJ · NTEE: T20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $693K |
| Total Expenses | $188K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.4 |
| Net Assets | $1.4M |
| Transparency Score | 90/100 |
Search Intent Cockpit
Peter And Josephine Grayson Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Peter And Josephine Grayson Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Peter And Josephine Grayson Foundation in one place.
Form 990 Filing Summary
9 filing years are available, with latest revenue of $144K and expenses of $188K.
Revenue and Expenses
Peter And Josephine Grayson Foundation reported $144K in revenue and $188K in expenses, a deficit of $43K.
Executive Compensation
Top officer compensation appears as $1.4 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
90/100 mission score, 1 red flag, and 5 strengths are shown from structured and AI review.
Is Peter And Josephine Grayson Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $169K (90%) |
Across stored filings, Peter And Josephine Grayson Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 1 red flag identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade B | 9 stored filing years |
| Peer context | Compare with Dance For The Cure Inc | New Jersey and Philanthropy context |
Trust Check
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Keep the Investigation Moving
Peter And Josephine Grayson Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Peter And Josephine Grayson Foundation
Peter And Josephine Grayson Foundation (EIN: 133949093) is a nonprofit organization based in Red Bank, NJ, classified under NTEE code T20Z. The organization reported total revenue of $693K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Peter And Josephine Grayson Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Peter And Josephine Grayson Foundation is a small nonprofit that has been operating for 28 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $144K |
| Total Expenses | $188K |
| Surplus / Deficit | $-43,150 |
| Total Assets | $1.4M |
| Total Liabilities | $1 |
| Net Assets | $1.4M |
| Operating Margin | -29.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 91.8 months |
Financial Health Grade: B
In 2023, Peter And Josephine Grayson Foundation reported a deficit of $43K with expenses exceeding revenue, holds 91.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Peter And Josephine Grayson Foundation's revenue has grown at a compound annual growth rate (CAGR) of 16.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.6% | -9.7% | -3.0% |
| 2022 | -3.4% | +17.1% | -0.7% |
| 2021 | -36.8% | -0.3% | +4.0% |
| 2020 | +233.4% | +33.4% | +11.6% |
| 2019 | +3.1% | -1.2% | +15.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Peter And Josephine Grayson Foundation 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Peter And Josephine Grayson Foundation 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 deficit of $43K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all nine filing periods, indicating that the foundation operates without paid officers, which is highly unusual for an organization of its asset size ($1.4 million). This suggests a volunteer-led or very lean operational model, significantly reducing administrative overhead.
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 Peter And Josephine Grayson Foundation's IRS 990 filings:
- Expenses exceeding revenue in recent years (2022 and 2023), potentially drawing down reserves if not offset by investment gains.
Strengths
The following positive indicators were identified for Peter And Josephine Grayson Foundation:
- Consistent 0% officer compensation, indicating extremely low administrative overhead.
- Strong and stable asset base, exceeding $1.4 million in recent years.
- Minimal liabilities, demonstrating sound financial management and low risk.
- Consistent IRS 990 filing history over nine periods, indicating good transparency.
- High potential for program spending efficiency due to lack of executive salaries.
Frequently Asked Questions about Peter And Josephine Grayson Foundation
Is Peter And Josephine Grayson Foundation a legitimate charity?
Peter And Josephine Grayson Foundation (EIN: 133949093) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 90/100. It has 9 years of IRS 990 filings on record. Total revenue: $693K. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Peter And Josephine Grayson Foundation spend its money?
Peter And Josephine Grayson Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Peter And Josephine Grayson Foundation tax-deductible?
Peter And Josephine Grayson Foundation is registered as a tax-exempt nonprofit (EIN: 133949093). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Peter And Josephine Grayson Foundation CEO make?
Peter And Josephine Grayson Foundation's highest-compensated officer earns $1.4 annually. The organization reported $693K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Peter And Josephine Grayson Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Peter And Josephine Grayson Foundation is above average for NTEE category T20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Peter And Josephine Grayson Foundation located?
Peter And Josephine Grayson Foundation is headquartered in Red Bank, New Jersey and files with the IRS under EIN 133949093. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Peter And Josephine Grayson Foundation have?
Peter And Josephine Grayson Foundation has 9 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 $693K in total revenue.
Is the Peter And Josephine Grayson Foundation financially stable?
Yes, the foundation appears financially stable, maintaining over $1.4 million in assets as of 2023 and consistently low liabilities ($1). While expenses have slightly exceeded revenue in the last two years, the substantial asset base provides a strong buffer.
How efficient is the foundation's spending?
The foundation demonstrates high spending efficiency, primarily due to 0% officer compensation across all reported periods. This suggests that a very high proportion of its expenditures likely goes towards its programs and mission, with minimal administrative overhead.
Does the foundation have any significant liabilities?
No, the foundation consistently reports minimal liabilities, typically $1 in recent years, indicating a very healthy balance sheet and low financial risk.
What is the trend in the foundation's revenue and expenses?
Revenue has fluctuated, peaking at $326,761 in 2020, but has generally been in the $144,000-$200,000 range in recent years. Expenses have also varied, with 2023 showing expenses ($187,561) exceeding revenue ($144,411), a trend also seen in 2022.
Filing History
IRS 990 filing history for Peter And Josephine Grayson Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Peter And Josephine Grayson Foundation's revenue has grown by 496.2%, moving from $24K to $144K. Total assets increased by 19% over the same period, from $1.2M to $1.4M. Total functional expenses rose by 142.2%, from $77K to $188K. In its most recent filing year (2023), Peter And Josephine Grayson Foundation reported a deficit of $43K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $144K | $188K | $1.4M | $1 | — | — |
| 2022 | $199K | $208K | $1.5M | $1 | — | View 990 |
| 2021 | $206K | $177K | $1.5M | $1 | — | View 990 |
| 2020 | $327K | $178K | $1.4M | $1 | — | — |
| 2019 | $98K | $133K | $1.3M | $1 | — | View 990 |
| 2014 | $95K | $135K | $1.1M | $0 | — | View 990 |
| 2013 | $116K | $109K | $1.2M | $0 | — | View 990 |
| 2012 | $34K | $74K | $1.2M | $0 | — | View 990 |
| 2011 | $24K | $77K | $1.2M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $144K, expenses of $188K, and assets of $1.4M (revenue -27.6% year-over-year).
- 2022: Revenue of $199K, expenses of $208K, and assets of $1.5M (revenue -3.4% year-over-year).
- 2021: Revenue of $206K, expenses of $177K, and assets of $1.5M (revenue -36.8% year-over-year).
- 2020: Revenue of $327K, expenses of $178K, and assets of $1.4M (revenue +233.4% year-over-year).
- 2019: Revenue of $98K, expenses of $133K, and assets of $1.3M (revenue +3.1% year-over-year).
- 2014: Revenue of $95K, expenses of $135K, and assets of $1.1M (revenue -18.0% year-over-year).
- 2013: Revenue of $116K, expenses of $109K, and assets of $1.2M (revenue +237.2% year-over-year).
- 2012: Revenue of $34K, expenses of $74K, and assets of $1.2M (revenue +41.9% year-over-year).
- 2011: Revenue of $24K, expenses of $77K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Peter And Josephine Grayson Foundation:
Data Sources and Methodology
This transparency report for Peter And Josephine Grayson 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.