Is Grand Central Partnership Inc Legit? —…

Quick charity verification for Grand Central Partnership Inc (EIN: 133275810)

Strengths

Consistent operating surplus, with revenues exceeding expenses in most reported periods (e.g., 202306: Revenue $13.5M, Expenses $12.7M).
Stable and substantial revenue stream, consistently above $13 million annually.
Significant reduction in liabilities over the past decade, from $16.2M in 201406 to $6.8M in 202306, indicating improved financial health.
Healthy asset base, with assets at $17.5M in the latest filing, providing financial stability.

Spending Breakdown

How Grand Central Partnership Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Grand Central Partnership Inc

Is Grand Central Partnership Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Grand Central Partnership Inc (EIN: 133275810) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Grand Central Partnership Inc a good charity to donate to?

Grand Central Partnership Inc has a Mission Score of 85/100. Revenue: $14.2M. Assets: $18.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Grand Central Partnership Inc?

The Employer Identification Number (EIN) for Grand Central Partnership Inc is 133275810. 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 Grand Central Partnership Inc spend its money?

Grand Central Partnership Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Grand Central Partnership Inc's tax-exempt status?

You can verify Grand Central Partnership Inc's tax-exempt status using EIN 133275810 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

Grand Central Partnership Inc. demonstrates consistent financial activity, with revenues and expenses hovering around $13-15 million annually over the past decade. The organization consistently operates with a surplus, as seen in the 202306 period where revenue was $13,504,722 against expenses of $12,743,163, indicating sound financial management. While asset levels have fluctuated, they remain substantial at $17,506,496 in the latest filing, suggesting a stable financial base. The organization's liabilities have shown a decreasing trend from a high of $16,286,581 in 201406 to $6,833,933 in 202306, which is a positive indicator of improving financial health and reduced debt burden.

The organization's spending efficiency appears to be stable, consistently managing expenses below revenue. A key aspect of its transparency is the reported 0% officer compensation across all available filings. This indicates that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which warrants further investigation for complete understanding. However, the consistent reporting of 0% officer compensation across all filings suggests a clear and consistent reporting practice in this area.

Overall, Grand Central Partnership Inc. appears to be a financially stable organization with consistent revenue streams and a history of operating within its means. The decreasing trend in liabilities is a positive sign, and the reported 0% officer compensation, while unusual, is consistently disclosed. Further detail on program vs. administrative spending would enhance the assessment of spending efficiency.

Is Grand Central Partnership Inc Legit?

Verdict: Grand Central Partnership Inc appears trustworthy

Red Flags