Robt G & Gloria S Molloy Fnd
EIN: 223662690 · Gainesville, GA · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $602K |
| Total Expenses | $137K |
| Net Assets | $1.7M |
Is Robt G & Gloria S Molloy Fnd Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Robt G & Gloria S Molloy Fnd
Robt G & Gloria S Molloy Fnd (EIN: 223662690) is a nonprofit organization based in Gainesville, GA, classified under NTEE code T22. The organization reported total revenue of $602K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robt G & Gloria S Molloy Fnd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Robt G & Gloria S Molloy Fnd is a small nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 12.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $113K |
| Total Expenses | $137K |
| Surplus / Deficit | $-24,883 |
| Total Assets | $1.7M |
| Total Liabilities | $1 |
| Net Assets | $1.7M |
| Operating Margin | -22.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 152.2 months |
Financial Health Grade: B
In 2024, Robt G & Gloria S Molloy Fnd reported a deficit of $25K with expenses exceeding revenue, holds 152.2 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 (2012–2024), Robt G & Gloria S Molloy Fnd's revenue has grown at a compound annual growth rate (CAGR) of 12.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +54.4% | +13.8% | +4.6% |
| 2023 | -61.0% | -9.4% | -1.0% |
| 2021 | -149.2% | -6.8% | -9.0% |
| 2020 | +44.6% | -20.0% | -15.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Robt G & Gloria S Molloy Fnd 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 Robt G & Gloria S Molloy Fnd 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $25K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Robt G & Gloria S Molloy Fnd
Is Robt G & Gloria S Molloy Fnd a legitimate charity?
Robt G & Gloria S Molloy Fnd (EIN: 223662690) is a registered tax-exempt nonprofit based in Georgia. It has 10 years of IRS 990 filings on record. Total revenue: $602K. No red flags identified. Financial health grade: B.
How does Robt G & Gloria S Molloy Fnd spend its money?
Robt G & Gloria S Molloy Fnd reported $602K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Robt G & Gloria S Molloy Fnd tax-deductible?
Robt G & Gloria S Molloy Fnd is registered as a tax-exempt nonprofit (EIN: 223662690). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Robt G & Gloria S Molloy Fnd located?
Robt G & Gloria S Molloy Fnd is headquartered in Gainesville, Georgia and files with the IRS under EIN 223662690. It is classified under NTEE code T22.
How many years of IRS 990 filings does Robt G & Gloria S Molloy Fnd have?
Robt G & Gloria S Molloy Fnd 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 $602K in total revenue.
Filing History
IRS 990 filing history for Robt G & Gloria S Molloy Fnd showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Robt G & Gloria S Molloy Fnd's revenue has grown by 325.2%, moving from $26K to $113K. Total assets increased by 893.7% over the same period, from $175K to $1.7M. Total functional expenses rose by 4673.4%, from $3K to $137K. In its most recent filing year (2024), Robt G & Gloria S Molloy Fnd reported a deficit of $25K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $113K | $137K | $1.7M | $1 | — | View 990 |
| 2023 | $73K | $121K | $1.7M | $1 | — | View 990 |
| 2022 | $187K | $133K | $1.7M | $1 | — | View 990 |
| 2021 | $-41,508 | $119K | $1.6M | $1 | — | — |
| 2020 | $84K | $127K | $1.8M | $1 | — | View 990 |
| 2016 | $58K | $159K | $2.1M | $660 | — | View 990 |
| 2015 | $710K | $399K | $2.6M | $360K | — | View 990 |
| 2014 | $2.3M | $479K | $1.9M | $1 | — | View 990 |
| 2013 | $9K | $25K | $159K | $1 | — | View 990 |
| 2012 | $26K | $3K | $175K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $113K, expenses of $137K, and assets of $1.7M (revenue +54.4% year-over-year).
- 2023: Revenue of $73K, expenses of $121K, and assets of $1.7M (revenue -61.0% year-over-year).
- 2022: Revenue of $187K, expenses of $133K, and assets of $1.7M.
- 2021: Revenue of $-41,508, expenses of $119K, and assets of $1.6M (revenue -149.2% year-over-year).
- 2020: Revenue of $84K, expenses of $127K, and assets of $1.8M (revenue +44.6% year-over-year).
- 2016: Revenue of $58K, expenses of $159K, and assets of $2.1M (revenue -91.8% year-over-year).
- 2015: Revenue of $710K, expenses of $399K, and assets of $2.6M (revenue -68.5% year-over-year).
- 2014: Revenue of $2.3M, expenses of $479K, and assets of $1.9M (revenue +24929.6% year-over-year).
- 2013: Revenue of $9K, expenses of $25K, and assets of $159K (revenue -66.0% year-over-year).
- 2012: Revenue of $26K, expenses of $3K, and assets of $175K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Robt G & Gloria S Molloy Fnd:
Data Sources and Methodology
This transparency report for Robt G & Gloria S Molloy Fnd 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.