Quick charity verification for Grace Center Foundation Inc (EIN: 204510552)
Verdict: Grace Center Foundation Inc appears trustworthy
92/100Mission Score
$2.0MRevenue
$1.4MAssets
1Red Flags
4Strengths
Red Flags
No reported officer compensation, which is unusual for an organization of this scale and could indicate a lack of transparency in reporting executive benefits or a reliance on unpaid leadership that may not be sustainable long-term.
Strengths
Consistent revenue growth from $269,587 in 2013 to $1,077,255 in 2022, demonstrating increasing support and capacity.
Strong asset growth from $10,474 in 2013 to $524,831 in 2022, indicating improved financial stability.
High program spending efficiency, as expenses consistently align closely with revenue, suggesting funds are quickly deployed to mission-related activities.
No reported officer compensation across all filings, potentially maximizing funds for direct program use.
Spending Breakdown
How Grace Center Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Grace Center Foundation Inc
Is Grace Center Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Grace Center Foundation Inc (EIN: 204510552) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Grace Center Foundation Inc a good charity to donate to?
Grace Center Foundation Inc has a Mission Score of 92/100. Revenue: $2.0M. Assets: $1.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Grace Center Foundation Inc?
The Employer Identification Number (EIN) for Grace Center Foundation Inc is 204510552. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Grace Center Foundation Inc spend its money?
Grace Center Foundation Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Grace Center Foundation Inc's tax-exempt status?
You can verify Grace Center Foundation Inc's tax-exempt status using EIN 204510552 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Grace Center Foundation Inc demonstrates consistent growth in revenue and assets over the past decade, indicating a stable and expanding financial base. For instance, revenue grew from $269,587 in 2013 to $1,077,255 in 2022, and assets increased from $10,474 to $524,831 in the same period. The organization consistently spends nearly all of its revenue on expenses, with a relatively small surplus in most years, suggesting efficient deployment of funds rather than significant accumulation. The absence of reported officer compensation across all available filings is a notable indicator of financial transparency and a commitment to directing resources towards its mission.