Quick charity verification for Grace Institute (EIN: 200529892)
Verdict: Grace Institute appears trustworthy
85/100Mission Score
$623KRevenue
$171KAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided data, limiting full efficiency analysis.
Strengths
Consistent near break-even operations, indicating efficient use of funds.
0% officer compensation reported across all filings, demonstrating strong commitment to mission over executive pay.
Stable financial history with consistent revenue generation over the past decade.
Positive net assets, indicating financial solvency.
Spending Breakdown
How Grace Institute allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Institute
Is Grace Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Grace Institute (EIN: 200529892) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Grace Institute a good charity to donate to?
Grace Institute has a Mission Score of 85/100. Revenue: $623K. Assets: $171K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Grace Institute?
The Employer Identification Number (EIN) for Grace Institute is 200529892. 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 Institute spend its money?
Grace Institute allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Grace Institute's tax-exempt status?
You can verify Grace Institute's tax-exempt status using EIN 200529892 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 Institute demonstrates consistent financial activity, with revenues generally exceeding expenses, indicating sound operational management. For instance, in 2023, revenue was $659,704 against expenses of $659,695, showing a near break-even operation. The organization's assets have fluctuated but generally show growth over the past decade, reaching $116,992 in 2023 from $95,405 in 2014, suggesting a stable financial base.
The organization appears to be efficient in its spending, as evidenced by the tight margins between revenue and expenses in most years, implying that funds are largely deployed towards its mission rather than accumulating excessive reserves. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a focus on mission over executive pay. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited.