Ryan P Gootee Family Foundation
Ryan P Gootee Family Foundation consistently accumulates assets with minimal reported annual expenses.
EIN: 205910512 · Metairie, LA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $544K |
| Total Expenses | $25K |
| Program Spending | 90% |
| Net Assets | $714K |
| Transparency Score | 75/100 |
Is Ryan P Gootee Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ryan P Gootee Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ryan P Gootee Family Foundation
Ryan P Gootee Family Foundation (EIN: 205910512) is a nonprofit organization based in Metairie, LA, classified under NTEE code T20. The organization reported total revenue of $544K and total assets of $749K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ryan P Gootee Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ryan P Gootee Family Foundation is a small 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 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $332K |
| Total Expenses | $25K |
| Surplus / Deficit | +$307K |
| Total Assets | $714K |
| Total Liabilities | $1 |
| Net Assets | $714K |
| Operating Margin | 92.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 342.8 months |
Financial Health Grade: A
In 2023, Ryan P Gootee Family Foundation reported a surplus of $307K with revenue exceeding expenses, holds 342.8 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), Ryan P Gootee Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +165.4% | -27.1% | +75.6% |
| 2022 | +6.5% | +106.3% | +28.6% |
| 2021 | +784.3% | -37.3% | +46.8% |
| 2020 | -33.9% | +32.4% | -5.8% |
| 2019 | -44.9% | -62.8% | -73.5% |
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 Ryan P Gootee Family Foundation with a Mission Score of 75 out of 100 (Good). 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, Ryan P Gootee Family 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 surplus of $307K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating volunteer leadership and no direct salary expenses for its executives, which is highly efficient for a foundation of this size.
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 Ryan P Gootee Family Foundation's IRS 990 filings:
- Very low expense ratio relative to revenue and assets, potentially indicating limited annual charitable distributions compared to capacity.
Strengths
The following positive indicators were identified for Ryan P Gootee Family Foundation:
- Consistent asset growth, reaching $714,088 in 2023, indicating strong financial health.
- Zero officer compensation reported across all filings, demonstrating highly efficient administrative overhead.
- Consistent IRS 990 filing history, indicating good transparency.
- Very low liabilities ($1 in recent years), showing strong financial management and minimal debt.
Frequently Asked Questions about Ryan P Gootee Family Foundation
Is Ryan P Gootee Family Foundation a legitimate charity?
Ryan P Gootee Family Foundation (EIN: 205910512) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $544K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Ryan P Gootee Family Foundation spend its money?
Ryan P Gootee Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Ryan P Gootee Family Foundation tax-deductible?
Ryan P Gootee Family Foundation is registered as a tax-exempt nonprofit (EIN: 205910512). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Ryan P Gootee Family Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Ryan P Gootee Family Foundation 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 Ryan P Gootee Family Foundation located?
Ryan P Gootee Family Foundation is headquartered in Metairie, Louisiana and files with the IRS under EIN 205910512. It is classified under NTEE code T20.
How many years of IRS 990 filings does Ryan P Gootee Family Foundation have?
Ryan P Gootee Family Foundation 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 $544K in total revenue.
What are the specific charitable activities or grants made by the foundation, given its low reported expenses?
The IRS 990 filings show very low expenses relative to revenue and assets, suggesting that the foundation primarily makes grants rather than operating programs directly. Further detail on the recipients and amounts of these grants would clarify its programmatic impact.
Why are the annual expenses consistently so low compared to the foundation's revenue and asset base?
For example, in 2023, revenue was $332,485 while expenses were only $25,000. This indicates a strategy of significant asset accumulation rather than substantial annual charitable disbursements relative to its financial capacity.
How does the foundation plan to utilize its growing asset base of over $700,000 for charitable purposes?
With assets growing to $714,088 in 2023, the foundation has significant financial capacity. Understanding its long-term strategy for deploying these assets for its mission would be beneficial.
Filing History
IRS 990 filing history for Ryan P Gootee Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ryan P Gootee Family Foundation's revenue has grown by 181.7%, moving from $118K to $332K. Total assets decreased by 6.9% over the same period, from $767K to $714K. Total functional expenses fell by 45.2%, from $46K to $25K. In its most recent filing year (2023), Ryan P Gootee Family Foundation reported a surplus of $307K, with revenue exceeding expenses. The organization holds $1 in liabilities against $714K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $714K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $332K | $25K | $714K | $1 | — | — |
| 2022 | $125K | $34K | $407K | $1 | — | View 990 |
| 2021 | $118K | $17K | $316K | $1 | — | View 990 |
| 2020 | $13K | $27K | $215K | $1 | — | View 990 |
| 2019 | $20K | $20K | $229K | $0 | — | View 990 |
| 2015 | $36K | $54K | $862K | $1 | — | View 990 |
| 2014 | $83K | $45K | $881K | $1 | — | View 990 |
| 2013 | $19K | $46K | $843K | $1 | — | View 990 |
| 2012 | $149K | $46K | $870K | $1 | — | View 990 |
| 2011 | $118K | $46K | $767K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $332K, expenses of $25K, and assets of $714K (revenue +165.4% year-over-year).
- 2022: Revenue of $125K, expenses of $34K, and assets of $407K (revenue +6.5% year-over-year).
- 2021: Revenue of $118K, expenses of $17K, and assets of $316K (revenue +784.3% year-over-year).
- 2020: Revenue of $13K, expenses of $27K, and assets of $215K (revenue -33.9% year-over-year).
- 2019: Revenue of $20K, expenses of $20K, and assets of $229K (revenue -44.9% year-over-year).
- 2015: Revenue of $36K, expenses of $54K, and assets of $862K (revenue -56.1% year-over-year).
- 2014: Revenue of $83K, expenses of $45K, and assets of $881K (revenue +333.1% year-over-year).
- 2013: Revenue of $19K, expenses of $46K, and assets of $843K (revenue -87.1% year-over-year).
- 2012: Revenue of $149K, expenses of $46K, and assets of $870K (revenue +26.5% year-over-year).
- 2011: Revenue of $118K, expenses of $46K, and assets of $767K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ryan P Gootee Family Foundation:
Data Sources and Methodology
This transparency report for Ryan P Gootee Family 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.