Price Choppers Golub Foundation
Price Choppers Golub Foundation: Consistent Giving, Minimal Overhead
EIN: 222341421 · Torrington, CT · Updated: 2026-04-04
Is Price Choppers Golub Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Price Choppers Golub Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Price Choppers Golub Foundation
Price Choppers Golub Foundation (EIN: 222341421) is a nonprofit organization based in Torrington, CT. The organization reported total revenue of $400K and total assets of $347K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Price Choppers Golub Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Price Choppers Golub Foundation 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: 3%
- programs: 95%
- fundraising: 2%
According to IRS 990 filings, Price Choppers Golub Foundation allocates its expenses as follows: admin: 3%, programs: 95%, fundraising: 2%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not reported on the available Form 990-PFs, as is typical for private foundations that do not have paid employees.
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 Price Choppers Golub Foundation:
- Consistently low administrative and fundraising expenses, indicating efficient operations.
- Regular and substantial grantmaking activity relative to assets.
- Maintains a healthy asset base, demonstrating financial stability.
- Consistent giving patterns over multiple years.
Frequently Asked Questions about Price Choppers Golub Foundation
Is Price Choppers Golub Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Price Choppers Golub Foundation (EIN: 222341421) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Price Choppers Golub Foundation spend its money?
Price Choppers Golub Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Price Choppers Golub Foundation tax-deductible?
Price Choppers Golub Foundation is registered as a tax-exempt nonprofit (EIN: 222341421). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Price Choppers Golub Foundation do?
Price Choppers Golub Foundation is a nonprofit organization in the Unknown sector, located in Torrington, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Price Choppers Golub Foundation have?
Price Choppers Golub Foundation reported total revenue of $400,000. Based on 10 IRS 990 filings on record.
What are Price Choppers Golub Foundation's total assets?
Price Choppers Golub Foundation holds total assets of $347,433 as reported in IRS 990 filings.
Where is Price Choppers Golub Foundation located?
Price Choppers Golub Foundation is based in Torrington, Connecticut.
What is Price Choppers Golub Foundation's EIN?
Price Choppers Golub Foundation's Employer Identification Number (EIN) is 222341421. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Price Choppers Golub Foundation?
Price Choppers Golub Foundation is classified under NTEE code Unknown (Unknown).
Is Price Choppers Golub Foundation a registered 501(c)(3)?
Price Choppers Golub Foundation appears in IRS records (EIN: 222341421). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Price Choppers Golub Foundation file IRS Form 990?
Yes, Price Choppers Golub Foundation has 10 IRS Form 990 filings on record. The most recent covers tax period 202403.
What was Price Choppers Golub Foundation's revenue in 2024?
In the 202403 filing period, Price Choppers Golub Foundation reported total revenue of $400,000, total expenses of $424,418, and net assets of $401,038.
Is Price Choppers Golub Foundation's revenue growing or declining?
Price Choppers Golub Foundation's revenue is relatively stable. Revenue went from $400,000 (202303) to $400,000 (202403), a 0.0% change. Based on 10 filings on record.
What is Price Choppers Golub Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Price Choppers Golub Foundation covers tax period 202403. It shows revenue of $400,000, expenses of $424,418, total assets of $401,038, and liabilities of $1.
How much does Price Choppers Golub Foundation spend on programs vs administration?
Based on IRS 990 analysis, Price Choppers Golub Foundation allocates approximately 95% of expenses to program services, 3% to administrative costs, and 2% to fundraising. This indicates strong program focus.
Is Price Choppers Golub Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Price Choppers Golub Foundation appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Price Choppers Golub Foundation's strengths?
Positive indicators for Price Choppers Golub Foundation include: Consistently low administrative and fundraising expenses, indicating efficient operations.. Regular and substantial grantmaking activity relative to assets.. Maintains a healthy asset base, demonstrating financial stability.. Consistent giving patterns over multiple years.. These findings are derived from AI analysis of the organization's financial filings.
How does Price Choppers Golub Foundation compensate executives?
Executive compensation is not reported on the available Form 990-PFs, as is typical for private foundations that do not have paid employees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Price Choppers Golub Foundation?
• The foundation consistently reports 0% fundraising costs across all available filings. • Administrative expenses are consistently low, often below 5% of total expenses. • The organization's Form 990-PFs are readily available, indicating good public disclosure. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the foundation's consistent 0% fundraising costs, how does it primarily source its revenue?
As a private foundation, its revenue primarily comes from contributions from the Golub Corporation and its related entities, as well as investment income, rather than public fundraising efforts.
What is the typical range of grants made by the foundation annually?
Based on the provided data, the foundation consistently reports 'r' (revenue/receipts) in the range of $400,000 to over $1.1 million, with 'x' (expenses/disbursements) often closely matching or exceeding 'r', indicating substantial grantmaking activity.
Filing History
IRS 990 filing history for Price Choppers Golub Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Price Choppers Golub Foundation's revenue has declined by 73.3%, moving from $1.5M to $400K. Total assets increased by 129.4% over the same period, from $175K to $401K. Total functional expenses fell by 68.1%, from $1.3M to $424K. In its most recent filing year (2024), Price Choppers Golub Foundation reported a deficit of $24K, with expenses exceeding revenue. The organization holds $1 in liabilities against $401K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $401K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $400K | $424K | $401K | $1 | — | — |
| 2023 | $400K | $413K | $425K | $1 | — | View 990 |
| 2022 | $906K | $585K | $438K | $1 | — | View 990 |
| 2021 | $620K | $806K | $118K | $1 | — | — |
| 2020 | $742K | $604K | $304K | $1 | — | — |
| 2016 | $775K | $769K | $13K | $1 | — | View 990 |
| 2015 | $850K | $878K | $7K | $1 | — | View 990 |
| 2014 | $1.2M | $1.3M | $36K | $1 | — | View 990 |
| 2013 | $1.2M | $1.2M | $154K | $0 | — | View 990 |
| 2012 | $1.5M | $1.3M | $175K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $400K, expenses of $424K, and assets of $401K (revenue +0.0% year-over-year).
- 2023: Revenue of $400K, expenses of $413K, and assets of $425K (revenue -55.8% year-over-year).
- 2022: Revenue of $906K, expenses of $585K, and assets of $438K (revenue +46.0% year-over-year).
- 2021: Revenue of $620K, expenses of $806K, and assets of $118K (revenue -16.4% year-over-year).
- 2020: Revenue of $742K, expenses of $604K, and assets of $304K (revenue -4.3% year-over-year).
- 2016: Revenue of $775K, expenses of $769K, and assets of $13K (revenue -8.8% year-over-year).
- 2015: Revenue of $850K, expenses of $878K, and assets of $7K (revenue -27.7% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.3M, and assets of $36K (revenue +0.0% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $154K (revenue -21.7% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.3M, and assets of $175K.
Data Sources and Methodology
This transparency report for Price Choppers Golub 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.