Gutierrez Memorial Fund Inc
Nonprofit profile at a glance
- EIN
- 273840465
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Baltimore, MD, USA
- Phone
- 4438455983
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts Education
Reported finances
- Revenue
- $52,998
- Expenses
- $58,623
- Assets
- $29,899
- Liabilities
- $6,000
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- ROYA GOLPIRA (President)
People named in this filing
- ROYA GOLPIRA (President)
- ROBERT GEHRMAN (VP & Treasurer)
- CORINNE BOEHM (Secretary)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Gutierrez Memorial Fund was established in the spring of 2010 to honor the life of artist, visionary, and community leader, John K. Gutierrez. The original objective was a personal one- the creation of the John K. Gutierrez Memorial Fireplace. On October 23, 2010, family and friends held the first Gutierrez Memorial Walk to raise funds for the construction. Thanks to the generosity of our community, the fireplace was completed and installed at Clipper Mill on February 25, 2011. Inspired by this success and the communitys enthusiasm, the Memorial Walk became an annual tradition, and the Gutierrez Memorial Fund was formally established as a 501(c)(3) charitable organization. The Gutierrez Memorial Fund is committed to supporting the arts in Maryland by partnering with and providing grants to dedicated arts programs, individual artists, and educators whose work focuses on artisan training, community engagement, and transforming the built environment. GMF gives special consideration to
What it reported doing in 2024
Gutierrez Memorial Fund is dedicated to supporting the arts in Maryland.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 87% 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 82
- Sustainability: 31
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 91.7%; rating input score 92
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -10.6%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 0.51; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.2; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 11.6% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 27.4% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: -42.5% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 91.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $54K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- 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.
- Moderate — Sustainability: Operating margin scored 30/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.