Griffin's Gift Inc

Nonprofit profile at a glance

EIN
813527204
IRS 990-EZ coverage
2016–2020
Forms available
Form 990-EZ 2020
Location
Danvers, MA, USA
Phone
7038622545
Rating
45
Verdict
MIXED
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Reported finances

Revenue
$10,739
Expenses
$881
Assets
$256,303
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • MATTHEW SMITH (PRESIDENT)

People named in this filing

  • JACQUELINE B ST PIERRE (DIRECTOR)
  • STACEY COOK (DIRECTOR)
  • KRISTEN CULLEN (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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Griffin's gift, inc. Aims to help families with the financial burden of the adoption process, making it easier for hopeful parents to welcome a child in need of a family. Griffin's gift, inc. Will use the funds it raises to make low or no interest loans to be used by qualified families towards coverting the costs of adoption. Families will be thoroughly vetted by a qualified adoption agency. Loans will be repaid over 5-10 years.

What it reported doing in 2020

To provide financial aid to families undergoing the adoption process

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 14
  • Transparency & Controls: 82
  • Sustainability: 91
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 2.6%; rating input score 3
  • Program expense ratio: 31.4%; rating input score 31

Transparency & Controls

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

Sustainability

  • Operating margin: 91.8%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 290.92; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -42.7% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -47.6% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: 15.1% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 2.6% of revenue deployed · 31.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $277 in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2016 to 2020
  • 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 — Financial Efficiency: Mission deployment rate scored 3/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 31/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.