Friends Of The Grenada Chamber Foundation Inc
EIN: 461365962 · Grenada, MS · NTEE: S31
Is Friends Of The Grenada Chamber Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friends Of The Grenada Chamber Foundation Inc
Friends Of The Grenada Chamber Foundation Inc (EIN: 461365962) is a nonprofit organization based in Grenada, MS, classified under NTEE code S31. The organization reported total revenue of $38K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Grenada Chamber Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Friends Of The Grenada Chamber Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Friends Of The Grenada Chamber Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Friends Of The Grenada Chamber Foundation Inc
Is Friends Of The Grenada Chamber Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of The Grenada Chamber Foundation Inc (EIN: 461365962) insufficient data. 0 red flags identified, 0 strengths noted.
How does Friends Of The Grenada Chamber Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Friends Of The Grenada Chamber Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Friends Of The Grenada Chamber Foundation Inc tax-deductible?
Friends Of The Grenada Chamber Foundation Inc is registered as a tax-exempt nonprofit (EIN: 461365962). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Friends Of The Grenada Chamber Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), Friends Of The Grenada Chamber Foundation Inc's revenue has grown by 63.1%, moving from $23K to $38K. Total assets increased by 1142400% over the same period, from $1 to $11K. Total functional expenses rose by 77%, from $23K to $41K. In its most recent filing year (2023), Friends Of The Grenada Chamber Foundation Inc reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $38K | $41K | $11K | $0 | — | — |
| 2021 | $7K | $6K | $26K | $0 | — | — |
| 2020 | $3K | $6K | $25K | $0 | — | — |
| 2019 | $32K | $20K | $28K | $0 | — | View 990 |
| 2018 | $17K | $17K | $16K | $0 | — | View 990 |
| 2017 | $22K | $5K | $17K | $0 | — | — |
| 2016 | $2K | $2K | $429 | $0 | — | View 990 |
| 2014 | $34K | $34K | $1 | $0 | — | View 990 |
| 2013 | $27K | $27K | $1 | $0 | — | View 990 |
| 2012 | $23K | $23K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $38K, expenses of $41K, and assets of $11K (revenue +476.3% year-over-year).
- 2021: Revenue of $7K, expenses of $6K, and assets of $26K (revenue +102.7% year-over-year).
- 2020: Revenue of $3K, expenses of $6K, and assets of $25K (revenue -89.8% year-over-year).
- 2019: Revenue of $32K, expenses of $20K, and assets of $28K (revenue +89.6% year-over-year).
- 2018: Revenue of $17K, expenses of $17K, and assets of $16K (revenue -22.3% year-over-year).
- 2017: Revenue of $22K, expenses of $5K, and assets of $17K (revenue +1337.5% year-over-year).
- 2016: Revenue of $2K, expenses of $2K, and assets of $429 (revenue -95.6% year-over-year).
- 2014: Revenue of $34K, expenses of $34K, and assets of $1 (revenue +27.6% year-over-year).
- 2013: Revenue of $27K, expenses of $27K, and assets of $1 (revenue +15.4% year-over-year).
- 2012: Revenue of $23K, expenses of $23K, and assets of $1.
Data Sources and Methodology
This transparency report for Friends Of The Grenada Chamber Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.