Quick charity verification for Grandview Second Corporation (EIN: 222812929)
Verdict: Grandview Second Corporation shows mixed signals
45/100Mission Score
$273KRevenue
$867KAssets
3Red Flags
2Strengths
Red Flags
Revenue has shown a consistent decline from $469,781 in 2021 to $273,292 in 2023.
Expenses have frequently exceeded revenue in recent years, such as $370,509 in expenses against $291,319 in revenue in 2023.
The organization's net assets have decreased from $966,217 in 2022 to $867,478 in 2023.
Strengths
The organization maintains a significant asset base, with $867,478 in assets as of 2023.
Despite revenue fluctuations, the organization has consistently reported assets over $800,000 for several years.
Spending Breakdown
How Grandview Second Corporation allocates its funds across programs, administration, and fundraising.
60%
Program Spending
Below average — room for improvement
30%
Admin Costs
High — over 25% on administration
10%
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 Grandview Second Corporation
Is Grandview Second Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Grandview Second Corporation (EIN: 222812929) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
Is Grandview Second Corporation a good charity to donate to?
Grandview Second Corporation has a Mission Score of 45/100. Revenue: $273K. Assets: $867K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Grandview Second Corporation?
The Employer Identification Number (EIN) for Grandview Second Corporation is 222812929. 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 Grandview Second Corporation spend its money?
Grandview Second Corporation allocates 60% to programs, 30% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Grandview Second Corporation's tax-exempt status?
You can verify Grandview Second Corporation's tax-exempt status using EIN 222812929 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
Grandview Second Corporation is a housing & shelter nonprofit based in Providence, Rhode Island, with reported revenue of $273K and assets of $867K. Our AI analysis assigns a Mission Score of 45/100 (Fair). Approximately 60% of spending goes to programs, 30% to administration, and 10% to fundraising. Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information on salaries and benefits. Revenue has grown +72% across 13 filing periods.