Grey Matters Project Inc is a 501(c)(3) organization based in Savannah, Georgia, registered in 2020, with $831,274 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$831K
▲ 8.9% vs prior year
Community median: $184K
Expenses (FY2024)
$907K
Net assets
$811K
Employees
—
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 Grey Matters Project Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Grey Matters Project Inc: 11 mo reserves · -9% margin earns a B+ on this criterion. See the exact thresholds →
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 Grey Matters Project Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Grey Matters Project Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $127K (FY2020) to $831K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-9.1%
Spent more than it raised in the latest fiscal year.
Total assets
$811K
Total liabilities
$0
Net assets
$811K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $831,274▲8.9% | $906,841▲17.6% | $810,538▲35.1% | $810,538▲33.8% | 990 |
| 2023 | $763,023▼1.2% | $770,926▲95.4% | $599,968▼1.3% | $605,646▼2.9% | 990 |
| 2022 | $772,473▲121% | $394,479▲179% | $607,871▲164% | $623,717▲168% | 990 |
| 2021 | $349,397▲176% | $141,299▲31.7% | $229,877▲701% | $232,755▲536% | 990 |
| 2020 | $126,561 | $107,274 | $28,687 | $36,595 | 990EZ |
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.
19 grants to Grey Matters Project Inc totaling $589K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Silicon Valley Community Foundation | Community development | 2024 | $27,000 |
| Pro Publica Inc | Participation in local reporting network initiative | 2024 | $23,250 |
| Silicon Valley Community Foundation | Community development | 2023 | $85,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $56,550 |
| The Miami Foundation Inc | Program support | 2023 | $42,700 |
| Pro Publica Inc | Participation in local reporting network initiative | 2023 | $34,595 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $29,000 |
| National Philanthropic Tr | Human services | 2023 | $6,000 |
| Silicon Valley Community Foundation | Community development | 2022 | $85,000 |
| Pro Publica Inc | Participation in local reporting network initiative | 2022 | $69,188 |
| The Miami Foundation Inc | Program support | 2022 | $63,215 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $8,550 |
| The Community Foundation For Greater Atlanta Inc | Community improvement | 2022 | $5,500 |
| Donor Advised Charitable Giving | Public, societal benefit | 2022 | $5,250 |
| The Miami Foundation Inc | Program support | 2021 | $21,419 |
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Data for Grey Matters Project Inc (EIN 84-2657297) 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.