Grateful Foundation EIN 92-0783225

Grateful Foundation

EIN  92-0783225 Public foundation / grantmaker Dallas Center, IA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Enabling automatic charitable giving through business and individual software.
Leadership
Lisa Acheson · Partner Success Manager · $70K
Money in and out
$234K revenue, $243K expenses
Bottom line
97% program efficiency

Enabling automatic charitable giving through business and individual software. For fiscal year 2024 it reported $234K in revenue, $243K in expenses, and $65K in net assets.Pt I

Grants paid & assets · FY2024
Total revenue
$234K
Pt VIII · Ln 12
Total expenses
$243K
Pt IX · Ln 25
Net assets
$65K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$9K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs
Operating runway
4.3mo
months of highly liquid reserves at operating expense rate▼ -66% vs prior filing year
Surplus margin
-4%
revenue over expenses, this year▼ -108% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$234K
FY2024▲ +48%
Total revenue
$234K
Pt VIII · Ln 12
Total expenses
$243K
Pt IX · Ln 25
Net assets
$65K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$9K
Total assetsPt X · Ln 16$94K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $234K of program spending, described in the organization's own filed words · FY2024.
01

Grateful Giving provides software that makes giving from every transaction as easy and automated as breathing. Over 2,900 nonprofits received donations via Grateful Giving.

$234Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGrateful Foundation
EINHdr · item D92-0783225
Principal addressHdr · item CDallas Center, IA
WebsiteHdr · item Jgratefulgiving.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T70)
Ruling yearIRS BMFJan 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Partner Success Manager
$70,000Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Lisa Acheson’s $70K as Partner Success Manager is at the 65th percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023
Lisa Acheson$70,000$17,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$217K · 93%
Program service revenue$16K · 7%
Contributions & grants93%$217K
Program service revenue7%$16K
Investment income$254
Total revenueLn 12$234K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$234K
Management & general3%$8K
Total functional expensesLn 25$243K

Balance Sheet

Part X · end of year
CashLn 1$87K
Total assetsLn 16$94K
Total liabilitiesLn 26$29K
Total net assetsLn 32$65K
Months of cash on handcomputed4.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $87K · Operating expenses/yr $243K
4.3 months
Where the money goes
Program services
Program services $234K · Total expenses $243K
97%
Management & General
Management & general $8K · Total expenses $243K
3%
Fundraising
Fundraising $0 · Total expenses $243K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $217K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $217K · Total revenue $234K
93%
Government reliance
Government grants $0 · Total revenue $234K
0%
Earned-income share
Program service revenue $16K · Total revenue $234K
7%
Investment reliance
Investment income $254 · Total revenue $234K
0%
Program self-sufficiency
Program service revenue $16K · Total expenses $243K
7%
Growth & trend
Revenue growth (YoY)
This year $234K · Prior year $158K
+48%
Net-asset trend (YoY)
End of year $65K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $234K · Expenses $243K
-4%
Liabilities-to-Assets
Total liabilities — · Total assets $94K
Net-asset ratio
Net assets $65K · Total assets $94K
69%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $94K
0%
People & payroll
Highest Reported Total Compensation
Individual Lisa Acheson · Reported title Partner Success Manager · Highest reported compensation $70K · Total expenses $243K
29%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $100K · Total expenses $243K
41%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Revenue growth 48%
Investment management fee ratio 0%
Legal fee ratio 1%
Accounting fee ratio 1%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$20K
Grants paid · 1 grant · $5K · 2024–2024
Year Up INCMA · FY2024$5,437

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$234K revenue · viewing · ⤓ 990 PDF
FY2023$158K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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