Is Grande Foundation Legit?

Quick charity verification for Grande Foundation (EIN: 208316469)

Verdict: Grande Foundation appears trustworthy

85/100Mission Score
$595KRevenue
$29KAssets
1Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The Grande Foundation demonstrates consistent operational activity with revenues fluctuating between $70,000 and $693,671 over its filing history. In the most recent period (202303), the organization reported revenues of $650,000 against expenses of $652,300, indicating a slight operational deficit. This trend of expenses closely matching or slightly exceeding revenue is common across several periods, such as 202203 ($483,870 revenue vs. $531,160 expenses) and 201903 ($383,500 revenue vs. $391,448 expenses). The organization maintains minimal assets, with the highest reported at $63,030 in 202103, and liabilities consistently reported as $0 or $1, suggesting a lean operational structure and no significant debt burden. The absence of officer compensation across all reported periods is a notable aspect of its financial management, indicating that leadership is likely volunteer-based or compensated through other means not classified as officer compensation on the 990.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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