Goodrich Gannett Neighborhood Center
EIN: 341154199 · Cleveland, OH
| Metric | Value |
|---|---|
| Total Expenses | $971K |
| Net Assets | $4.0M |
Is Goodrich Gannett Neighborhood Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Goodrich Gannett Neighborhood Center
Goodrich Gannett Neighborhood Center (EIN: 341154199) is a nonprofit organization based in Cleveland, OH. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Goodrich Gannett Neighborhood Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Goodrich Gannett Neighborhood Center is a small nonprofit, with 5 years of IRS 990 filings on record (2010–2014). Revenue has grown at a compound annual rate of -9.1%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $706K |
| Total Expenses | $971K |
| Surplus / Deficit | $-265,475 |
| Total Assets | $4.9M |
| Total Liabilities | $889K |
| Net Assets | $4.0M |
| Operating Margin | -37.6% |
| Debt-to-Asset Ratio | 18.2% |
| Months of Reserves | 60.2 months |
Financial Health Grade: B
In 2014, Goodrich Gannett Neighborhood Center reported a deficit of $265K with expenses exceeding revenue, holds 60.2 months of operating reserves (strong position), has a debt-to-asset ratio of 18.2% (very low leverage).
Financial Trends
Over 5 years of filings (2010–2014), Goodrich Gannett Neighborhood Center's revenue has declined at a compound annual growth rate (CAGR) of -9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -16.4% | -2.5% | -4.7% |
| 2013 | -1.2% | -10.4% | -2.9% |
| 2012 | +12.1% | -8.8% | -3.9% |
| 2011 | -26.1% | -21.3% | -6.7% |
AI Analysis Pending
AI enrichment for Goodrich Gannett Neighborhood Center 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 Goodrich Gannett Neighborhood Center 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.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $265K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.2%.
Frequently Asked Questions about Goodrich Gannett Neighborhood Center
Is Goodrich Gannett Neighborhood Center a legitimate charity?
Goodrich Gannett Neighborhood Center (EIN: 341154199) is a registered tax-exempt nonprofit based in Ohio. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Goodrich Gannett Neighborhood Center spend its money?
Goodrich Gannett Neighborhood Center reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Goodrich Gannett Neighborhood Center tax-deductible?
Goodrich Gannett Neighborhood Center is registered as a tax-exempt nonprofit (EIN: 341154199). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Goodrich Gannett Neighborhood Center located?
Goodrich Gannett Neighborhood Center is headquartered in Cleveland, Ohio and files with the IRS under EIN 341154199.
How many years of IRS 990 filings does Goodrich Gannett Neighborhood Center have?
Goodrich Gannett Neighborhood Center has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Goodrich Gannett Neighborhood Center showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2010–2014), Goodrich Gannett Neighborhood Center's revenue has declined by 31.6%, moving from $1.0M to $706K. Total assets decreased by 17.1% over the same period, from $5.9M to $4.9M. Total functional expenses fell by 37.3%, from $1.5M to $971K. In its most recent filing year (2014), Goodrich Gannett Neighborhood Center reported a deficit of $265K, with expenses exceeding revenue. The organization holds $889K in liabilities against $4.9M in assets (debt-to-asset ratio: 18.2%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $706K | $971K | $4.9M | $889K | — | View 990 |
| 2013 | $844K | $996K | $5.1M | $730K | — | View 990 |
| 2012 | $855K | $1.1M | $5.3M | $696K | — | View 990 |
| 2011 | $762K | $1.2M | $5.5M | $654K | — | View 990 |
| 2010 | $1.0M | $1.5M | $5.9M | $688K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $706K, expenses of $971K, and assets of $4.9M (revenue -16.4% year-over-year).
- 2013: Revenue of $844K, expenses of $996K, and assets of $5.1M (revenue -1.2% year-over-year).
- 2012: Revenue of $855K, expenses of $1.1M, and assets of $5.3M (revenue +12.1% year-over-year).
- 2011: Revenue of $762K, expenses of $1.2M, and assets of $5.5M (revenue -26.1% year-over-year).
- 2010: Revenue of $1.0M, expenses of $1.5M, and assets of $5.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Goodrich Gannett Neighborhood Center:
Data Sources and Methodology
This transparency report for Goodrich Gannett Neighborhood Center 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.