The G V Sonny Montgomery Foundation
EIN: 640911785 · Meridian, MS · NTEE: B12
| Metric | Value |
|---|---|
| Total Revenue | $542K |
| Total Expenses | $227K |
| Net Assets | $2.1M |
Is The G V Sonny Montgomery Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The G V Sonny Montgomery Foundation
The G V Sonny Montgomery Foundation (EIN: 640911785) is a nonprofit organization based in Meridian, MS, classified under NTEE code B12. The organization reported total revenue of $542K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The G V Sonny Montgomery Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The G V Sonny Montgomery Foundation is a small nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $212K |
| Total Expenses | $227K |
| Surplus / Deficit | $-15,254 |
| Total Assets | $2.1M |
| Total Liabilities | $127 |
| Net Assets | $2.1M |
| Operating Margin | -7.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 113.1 months |
Financial Health Grade: B
In 2023, The G V Sonny Montgomery Foundation reported a deficit of $15K with expenses exceeding revenue, holds 113.1 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), The G V Sonny Montgomery Foundation's revenue has grown at a compound annual growth rate (CAGR) of 14.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.5% | +2.3% | -0.7% |
| 2022 | +12.7% | -1.3% | +0.1% |
| 2021 | +33.5% | -3.2% | -1.2% |
| 2020 | -22.0% | +8.1% | -3.7% |
| 2019 | -22.8% | -2.7% | -8.5% |
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 The G V Sonny Montgomery 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 The G V Sonny Montgomery 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 deficit of $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about The G V Sonny Montgomery Foundation
Is The G V Sonny Montgomery Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The G V Sonny Montgomery Foundation (EIN: 640911785) insufficient data. 0 red flags identified, 0 strengths noted.
How does The G V Sonny Montgomery Foundation spend its money?
Detailed spending breakdown data is not yet available for The G V Sonny Montgomery Foundation. Check back for updated IRS 990 analysis.
Are donations to The G V Sonny Montgomery Foundation tax-deductible?
The G V Sonny Montgomery Foundation is registered as a tax-exempt nonprofit (EIN: 640911785). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The G V Sonny Montgomery Foundation located?
The G V Sonny Montgomery Foundation is headquartered in Meridian, Mississippi and files with the IRS under EIN 640911785. It is classified under NTEE code B12.
How many years of IRS 990 filings does The G V Sonny Montgomery Foundation have?
The G V Sonny Montgomery 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 $542K in total revenue.
Filing History
IRS 990 filing history for The G V Sonny Montgomery Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The G V Sonny Montgomery Foundation's revenue has grown by 406.2%, moving from $42K to $212K. Total assets decreased by 12.5% over the same period, from $2.4M to $2.1M. Total functional expenses rose by 95%, from $117K to $227K. In its most recent filing year (2023), The G V Sonny Montgomery Foundation reported a deficit of $15K, with expenses exceeding revenue. The organization holds $127 in liabilities against $2.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $212K | $227K | $2.1M | $127 | — | View 990 |
| 2022 | $225K | $222K | $2.2M | $480 | — | View 990 |
| 2021 | $199K | $225K | $2.2M | $127 | — | View 990 |
| 2020 | $149K | $232K | $2.2M | $127 | — | — |
| 2019 | $191K | $215K | $2.3M | $111 | — | View 990 |
| 2015 | $248K | $221K | $2.5M | $77 | — | View 990 |
| 2014 | $223K | $207K | $2.4M | $77 | — | View 990 |
| 2013 | $142K | $137K | $2.4M | $165 | — | View 990 |
| 2012 | $133K | $154K | $2.4M | $147 | — | View 990 |
| 2011 | $42K | $117K | $2.4M | $63 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $212K, expenses of $227K, and assets of $2.1M (revenue -5.5% year-over-year).
- 2022: Revenue of $225K, expenses of $222K, and assets of $2.2M (revenue +12.7% year-over-year).
- 2021: Revenue of $199K, expenses of $225K, and assets of $2.2M (revenue +33.5% year-over-year).
- 2020: Revenue of $149K, expenses of $232K, and assets of $2.2M (revenue -22.0% year-over-year).
- 2019: Revenue of $191K, expenses of $215K, and assets of $2.3M (revenue -22.8% year-over-year).
- 2015: Revenue of $248K, expenses of $221K, and assets of $2.5M (revenue +11.2% year-over-year).
- 2014: Revenue of $223K, expenses of $207K, and assets of $2.4M (revenue +57.4% year-over-year).
- 2013: Revenue of $142K, expenses of $137K, and assets of $2.4M (revenue +6.5% year-over-year).
- 2012: Revenue of $133K, expenses of $154K, and assets of $2.4M (revenue +217.4% year-over-year).
- 2011: Revenue of $42K, expenses of $117K, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The G V Sonny Montgomery Foundation:
Data Sources and Methodology
This transparency report for The G V Sonny Montgomery 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.