The Patrick And Amanda Gavin Charitable Foundation
The Patrick And Amanda Gavin Charitable Foundation shows a strong asset base but reports zero revenue and assets in its latest filing.
EIN: 208056072 · Iowa City, IA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $10K |
| Program Spending | 90% |
| Net Assets | $988K |
| Transparency Score | 70/100 |
Is The Patrick And Amanda Gavin Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Patrick And Amanda Gavin Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Patrick And Amanda Gavin Charitable Foundation
The Patrick And Amanda Gavin Charitable Foundation (EIN: 208056072) is a nonprofit organization based in Iowa City, IA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Patrick And Amanda Gavin Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Patrick And Amanda Gavin Charitable Foundation is a micro nonprofit, with 3 years of IRS 990 filings on record (2011–2013). Revenue has grown at a compound annual rate of -67.4%.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $72K |
| Total Expenses | $10K |
| Surplus / Deficit | +$62K |
| Total Assets | $988K |
| Total Liabilities | $1 |
| Net Assets | $988K |
| Operating Margin | 86.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1178.6 months |
Financial Health Grade: A
In 2013, The Patrick And Amanda Gavin Charitable Foundation reported a surplus of $62K with revenue exceeding expenses, holds 1178.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2011–2013), The Patrick And Amanda Gavin Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -67.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2013 | +89.3% | -83.3% | +6.6% |
| 2012 | -94.4% | +161.8% | -2.4% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Patrick And Amanda Gavin Charitable Foundation with a Mission Score of 70 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, The Patrick And Amanda Gavin Charitable 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 (2013)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $62K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that the organization does not pay its officers, which is positive for donor confidence.
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 The Patrick And Amanda Gavin Charitable Foundation's IRS 990 filings:
- Latest filing shows $0 revenue and assets, raising questions about current operational status.
- NTEE code is unknown, making it difficult to benchmark against similar organizations.
Strengths
The following positive indicators were identified for The Patrick And Amanda Gavin Charitable Foundation:
- Consistently low liabilities ($1) indicating strong financial health.
- 0% officer compensation, demonstrating efficient use of funds for leadership.
- Significant asset base in prior periods, suggesting long-term financial stability.
Frequently Asked Questions about The Patrick And Amanda Gavin Charitable Foundation
Is The Patrick And Amanda Gavin Charitable Foundation a legitimate charity?
The Patrick And Amanda Gavin Charitable Foundation (EIN: 208056072) is a registered tax-exempt nonprofit based in Iowa. Our AI analysis gives it a Mission Score of 70/100. It has 3 years of IRS 990 filings on record. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does The Patrick And Amanda Gavin Charitable Foundation spend its money?
The Patrick And Amanda Gavin Charitable Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to The Patrick And Amanda Gavin Charitable Foundation tax-deductible?
The Patrick And Amanda Gavin Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 208056072). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Patrick And Amanda Gavin Charitable Foundation located?
The Patrick And Amanda Gavin Charitable Foundation is headquartered in Iowa City, Iowa and files with the IRS under EIN 208056072.
How many years of IRS 990 filings does The Patrick And Amanda Gavin Charitable Foundation have?
The Patrick And Amanda Gavin Charitable Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
What caused the $0 revenue and asset reporting in the latest period?
The latest filing period (201312) shows $0 in both revenue and assets, which is a significant departure from previous years where assets were nearly $1 million. This requires further investigation to understand if the foundation has ceased operations, transferred assets, or if there's a reporting anomaly.
How does the foundation utilize its substantial assets?
With assets consistently near $1 million in prior periods, understanding the foundation's grant-making or programmatic activities is crucial, especially given the relatively low reported expenses compared to its asset base in some years (e.g., $23,056 expenses on $949,292 assets in 201112).
Filing History
IRS 990 filing history for The Patrick And Amanda Gavin Charitable Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2011–2013), The Patrick And Amanda Gavin Charitable Foundation's revenue has declined by 89.4%, moving from $674K to $72K. Total assets increased by 4.1% over the same period, from $949K to $988K. Total functional expenses fell by 56.4%, from $23K to $10K. In its most recent filing year (2013), The Patrick And Amanda Gavin Charitable Foundation reported a surplus of $62K, with revenue exceeding expenses. The organization holds $1 in liabilities against $988K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $988K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $72K | $10K | $988K | $1 | — | View 990 |
| 2012 | $38K | $60K | $927K | $1 | — | View 990 |
| 2011 | $674K | $23K | $949K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2013: Revenue of $72K, expenses of $10K, and assets of $988K (revenue +89.3% year-over-year).
- 2012: Revenue of $38K, expenses of $60K, and assets of $927K (revenue -94.4% year-over-year).
- 2011: Revenue of $674K, expenses of $23K, and assets of $949K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Patrick And Amanda Gavin Charitable Foundation:
Data Sources and Methodology
This transparency report for The Patrick And Amanda Gavin Charitable 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.