Golden Fleece Foundation Inc

Nonprofit profile at a glance

EIN
581529360
IRS 990-EZ coverage
2019–2025
Forms available
Form 990-EZ 2025
Location
Pittsboro, NC, USA
Phone
9197304904
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Affiliation
Christianity

Reported finances

Revenue
$25,227
Expenses
$17,144
Assets
$292,210

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • BRYAN C HASSEL (PRESIDENT)

People named in this filing

  • BRYAN C HASSEL (PRESIDENT)
  • ANDREW DAVIS (VICE PRESIDE)
  • TOM KREBS (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The golden fleece foundation is a supporting organization for the order of the golden fleece, a 501(c)(3) organization. The order of the golden fleece is an honorary society at the university of North Carolina at chapel hill, which recognizes current students, faculty, staff and others for outstanding contributions to the university community.

What it reported doing in 2025

Grants to the order of the golden fleece, of which the golden fleece foundation, inc. Is the supporting organization. See schedule o for additional information on the order of the golden fleece.

Operating model

Revenue model
Investment-supported. 99% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 82
  • Sustainability: 73
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59.9%; rating input score 60
  • Program expense ratio: 87.5%; rating input score 87

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 32%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 17.04; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 0.8% per year; rating input score 100; 50th percentile among comparable filings
  • Revenue growth: 9.3% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 4.5% per year; rating input score 100; 55th percentile among comparable filings

Details

  • Where the money goes: 59.9% of revenue deployed · 87.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $15K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2019 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Sustainability: Officer compensation ratio scored 56/100.