Pray For Gray Foundation
EIN: 270757293 · Fargo, ND · NTEE: T30
| Metric | Value |
|---|---|
| Total Revenue | $255K |
| Total Expenses | $134K |
| Net Assets | $114K |
Is Pray For Gray Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pray For Gray Foundation
Pray For Gray Foundation (EIN: 270757293) is a nonprofit organization based in Fargo, ND, classified under NTEE code T30. The organization reported total revenue of $255K and total assets of $142K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pray For Gray Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pray For Gray Foundation is a small nonprofit that has been operating for 11 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $140K |
| Total Expenses | $134K |
| Surplus / Deficit | +$6K |
| Total Assets | $114K |
| Net Assets | $114K |
| Operating Margin | 4.5% |
| Months of Reserves | 10.2 months |
Financial Health Grade: A
In 2023, Pray For Gray Foundation reported a surplus of $6K with revenue exceeding expenses, holds 10.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Pray For Gray Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.1% | +31.3% | +5.8% |
| 2022 | +247.0% | +166.1% | +55.0% |
| 2021 | -42.2% | -13.6% | +3.1% |
| 2020 | +54.9% | -6.5% | +60.8% |
| 2019 | -30.0% | -30.2% | -5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pray For Gray Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pray For Gray Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
Frequently Asked Questions about Pray For Gray Foundation
Is Pray For Gray Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Pray For Gray Foundation (EIN: 270757293) insufficient data. 0 red flags identified, 0 strengths noted.
How does Pray For Gray Foundation spend its money?
Detailed spending breakdown data is not yet available for Pray For Gray Foundation. Check back for updated IRS 990 analysis.
Are donations to Pray For Gray Foundation tax-deductible?
Pray For Gray Foundation is registered as a tax-exempt nonprofit (EIN: 270757293). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pray For Gray Foundation located?
Pray For Gray Foundation is headquartered in Fargo, North Dakota and files with the IRS under EIN 270757293. It is classified under NTEE code T30.
How many years of IRS 990 filings does Pray For Gray Foundation have?
Pray For Gray Foundation 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 $255K in total revenue.
Filing History
IRS 990 filing history for Pray For Gray Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pray For Gray Foundation's revenue has grown by 92.8%, moving from $73K to $140K. Total assets increased by 446.3% over the same period, from $21K to $114K. Total functional expenses rose by 111.2%, from $63K to $134K. In its most recent filing year (2023), Pray For Gray Foundation reported a surplus of $6K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $140K | $134K | $114K | $0 | — | — |
| 2022 | $140K | $102K | $108K | $0 | — | View 990 |
| 2021 | $40K | $38K | $70K | $0 | — | View 990 |
| 2020 | $70K | $44K | $67K | $0 | — | — |
| 2019 | $45K | $47K | $42K | $0 | — | View 990 |
| 2018 | $64K | $68K | $44K | $0 | — | View 990 |
| 2017 | $34K | $39K | $48K | $0 | — | View 990 |
| 2016 | $88K | $71K | $52K | $0 | — | View 990 |
| 2015 | $58K | $63K | $35K | $0 | — | View 990 |
| 2014 | $76K | $94K | $40K | $0 | — | View 990 |
| 2013 | $80K | $60K | $60K | $0 | — | View 990 |
| 2012 | $71K | $52K | $39K | $0 | — | View 990 |
| 2011 | $73K | $63K | $21K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $140K, expenses of $134K, and assets of $114K (revenue -0.1% year-over-year).
- 2022: Revenue of $140K, expenses of $102K, and assets of $108K (revenue +247.0% year-over-year).
- 2021: Revenue of $40K, expenses of $38K, and assets of $70K (revenue -42.2% year-over-year).
- 2020: Revenue of $70K, expenses of $44K, and assets of $67K (revenue +54.9% year-over-year).
- 2019: Revenue of $45K, expenses of $47K, and assets of $42K (revenue -30.0% year-over-year).
- 2018: Revenue of $64K, expenses of $68K, and assets of $44K (revenue +89.1% year-over-year).
- 2017: Revenue of $34K, expenses of $39K, and assets of $48K (revenue -61.4% year-over-year).
- 2016: Revenue of $88K, expenses of $71K, and assets of $52K (revenue +53.3% year-over-year).
- 2015: Revenue of $58K, expenses of $63K, and assets of $35K (revenue -24.8% year-over-year).
- 2014: Revenue of $76K, expenses of $94K, and assets of $40K (revenue -4.3% year-over-year).
- 2013: Revenue of $80K, expenses of $60K, and assets of $60K (revenue +13.0% year-over-year).
- 2012: Revenue of $71K, expenses of $52K, and assets of $39K (revenue -2.6% year-over-year).
- 2011: Revenue of $73K, expenses of $63K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pray For Gray Foundation:
Data Sources and Methodology
This transparency report for Pray For Gray 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.