Gray Cares Inc

Nonprofit profile at a glance

EIN
993492563
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025
Location
Lexington, KY, USA
Phone
8592815000
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Emergency Assistance

Reported finances

Revenue
$5,588
Expenses
$28,765
Assets
$139,823
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • REBEKAH GRAY (PRESIDENT/DIRECTOR)

People named in this filing

  • REBEKAH GRAY (PRESIDENT/DIRECTOR)
  • THERESA OWSLEY (TREASURER/DIRECTOR)
  • J COLBY COX (SECRETARY/DIRECTOR)

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 organization will provide short term financial relief to the poor, the distressed, or the underprivileged, i.e., individuals who find themselves in a distressed condition due to unexpected events from natural disasters, medical emergencies, death in the family, or other significant emergencies, in the form of financial assistance to employees, former employees, and future employees of gray, inc. And its related entities.

What it reported doing in 2025

The organization provided financial assistance to 9 employees of gray inc. And its related entities who are coping with a personal tragedy due to a disaster or other emergency hardship. No grants were made to any single individual that exceeded $5,000.

Operating model

Revenue model
Donor-supported. 78% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 40
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

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

Sustainability

  • Operating margin: -414.8%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 4.86; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 140.8% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: -187.1% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -15.3% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $29K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • 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.

  • High — Sustainability: Operating margin scored 3/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.