G I L Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Growing revenue
G I L Foundation Inc is a 501(c)(3) organization based in Prospect, Connecticut, registered in 1987, with $6,358,683 in FY2023 revenue. CharityIndex grades it C+.
115 Waterbury Rd, Prospect, CT, 06712 EIN 06-1149212 Since 1987
Revenue (FY2023)
$6.4M
▲ 1.4% vs prior year
Expenses (FY2023)
$6.4M
Net assets
$542K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for G I L Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · -0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For G I L Foundation Inc: 1 mo reserves · -0% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for G I L Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For G I L Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 115 Waterbury Rd, Prospect, CT, 06712
- City
- Prospect
- State
- Connecticut
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $2.9M (FY2013) to $6.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.8MNet assets $542K
Operating margin
-0.4%
Spent more than it raised in the latest fiscal year.
Total assets
$2.3M
Total liabilities
$1.8M
Net assets
$542K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $6,358,683▲1.4% | $6,381,513▲0.8% | $541,628▼4.0% | $2,297,157▼2.4% | 990 |
| 2022 | $6,267,949▲32.7% | $6,330,458▲31.3% | $564,458▼10.0% | $2,353,065▲7.5% | 990 |
| 2021 | $4,723,508▲0.2% | $4,821,158▲16.3% | $626,967▼13.5% | $2,189,420▲7.7% | 990 |
| 2020 | $4,712,700▲11.3% | $4,147,053▼1.8% | $724,617▲356% | $2,033,287▼5.7% | 990 |
| 2019 | $4,233,180▲8.4% | $4,224,230▲5.7% | $158,970▲6.0% | $2,155,582▲67.9% | 990 |
| 2018 | $3,906,157▲4.4% | $3,997,836▲6.2% | $150,020▼37.9% | $1,283,938▼6.5% | 990 |
| 2017 | $3,742,662▲1.1% | $3,762,805▲0.9% | $241,699▼7.7% | $1,373,802▼8.5% | 990 |
| 2016 | $3,701,992▲5.0% | $3,727,677▲4.2% | $261,842▼8.9% | $1,501,753▼9.5% | 990 |
| 2015 | $3,525,476▲10.9% | $3,575,974▲10.7% | $287,527▼14.9% | $1,660,040▼6.7% | 990 |
| 2014 | $3,178,802▲10.0% | $3,230,410▲12.0% | $338,025▼13.2% | $1,779,768▲10.7% | 990 |
| 2013 | $2,889,636 | $2,883,254▲5.7% | $389,633▲1.7% | $1,607,795▼0.7% | 990 |
| 2012 | — | $2,728,445▼2.9% | $383,251▲6.2% | $1,619,064▲17.1% | 990 |
| 2011 | — | $2,811,014▲1.1% | $360,785▲3.3% | $1,382,172▼1.9% | 990 |
| 2010 | — | $2,779,151 | $349,317 | $1,408,232 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is G I L Foundation Inc a legitimate nonprofit?
- Yes. G I L Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-1149212, based in Prospect, Connecticut. Donations are tax-deductible.
- What is G I L Foundation Inc's EIN?
- G I L Foundation Inc's Employer Identification Number (EIN) is 06-1149212.
- How much revenue does G I L Foundation Inc report?
- G I L Foundation Inc reported $6,358,683 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does G I L Foundation Inc have?
- CharityIndex grades G I L Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for G I L Foundation Inc (EIN 06-1149212) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.