The Gromet Foundation
Newark, Delaware
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 2 peers in Education with <$100K revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $557,906↑93% | $774,516↑10% | $4,117,598↓5% | — |
| 2022 | $289,762↓57% | $703,762↓2% | $4,329,988↓9% | — |
| 2021 | $671,728↓10% | $715,931↑11% | $4,743,254↓2% | — |
| 2020 | $742,437↑30% | $644,643↓1% | $4,849,282↑4% | — |
| 2019 | $572,418↑11% | $654,190↓6% | $4,684,101↓13% | — |
| 2015 | $516,199↑26% | $697,602↓10% | $5,355,641↓3% | — |
| 2014 | $408,485↓25% | $773,697↑3% | $5,528,330↓6% | — |
| 2013 | $541,704↓19% | $750,840↓2% | $5,885,054↓3% | — |
| 2012 | $667,837↑2% | $768,857↓1% | $6,085,417↑1% | — |
| 2011 | $654,428 | $774,289 | $6,054,861 | — |
Frequently Asked Questions
What does The Gromet Foundation do?▼
The Gromet Foundation is a education nonprofit organization based in Delaware. It is classified under NTEE code B82 and is registered as a 501(c) tax-exempt organization with the IRS.
Is The Gromet Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, The Gromet Foundation has a score of 50/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does The Gromet Foundation generate?▼
Revenue data for The Gromet Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.