Is Granite Vna Inc Legit?

Spending Breakdown

How Granite Vna Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

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 Granite Vna Inc

Is Granite Vna Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Granite Vna Inc (EIN: 20222122) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.

Is Granite Vna Inc a good charity to donate to?

Granite Vna Inc has a Mission Score of 85/100. Revenue: $49.7M. Assets: $51.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Granite Vna Inc?

The Employer Identification Number (EIN) for Granite Vna Inc is 20222122. 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 Granite Vna Inc spend its money?

Granite Vna Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Granite Vna Inc's tax-exempt status?

You can verify Granite Vna Inc's tax-exempt status using EIN 20222122 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

Granite Vna Inc demonstrates a generally stable financial position with consistent revenue generation over the past decade. In the latest filing (202309), the organization reported revenues of $51,441,113 against expenses of $49,116,492, indicating a surplus. While the organization's assets have grown significantly, reaching $55,185,431 in 202309, there was a notable dip in assets in 202209 to $51,710,798 from $68,541,110 in 202109, which warrants further investigation into the cause of this decrease. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that compensation is reported under other categories, which would require deeper scrutiny of the full 990 forms. Overall, the organization appears to be financially sound, but the asset fluctuation is a point of interest.

The organization's spending efficiency, based on the provided data, shows that expenses are generally well-managed relative to revenue, with surpluses in most years. For instance, in 202309, expenses were approximately 95.5% of revenue. However, there was a deficit in 202209 where expenses ($45,843,636) exceeded revenue ($41,824,646). Without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent filing of IRS Form 990s over 12 periods indicates a commitment to regulatory compliance and transparency in reporting financial activities.

Given the available data, Granite Vna Inc appears to be a well-established nonprofit with a long history of operations and financial reporting. The lack of reported officer compensation is a significant positive for transparency, assuming it's not simply reclassified. The organization's ability to maintain substantial assets and generally operate with a surplus suggests good financial management, although the specific allocation of funds to programs versus overhead would provide a clearer picture of its impact efficiency.

Verdict: Granite Vna Inc appears trustworthy

Red Flags

Strengths