Grace Corporation
Grace Corporation reports no revenue or assets in latest IRS filing.
EIN: 202931966 · Max, ND · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| CEO/Top Officer Pay | $0 |
| Transparency Score | 50/100 |
Is Grace Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grace Corporation
Grace Corporation (EIN: 202931966) is a nonprofit organization based in Max, ND, classified under NTEE code X20. 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 Grace Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Grace Corporation with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Grace Corporation allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
No executive compensation data is available as the organization reported $0 in revenue and assets, suggesting no financial activity to support such expenditures.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Grace Corporation's IRS 990 filings:
- Zero revenue and assets, indicating potential inactivity or very early stage without operations.
- Lack of financial data prevents any assessment of financial health or program effectiveness.
Strengths
The following positive indicators were identified for Grace Corporation:
- No reported debt or liabilities, given zero assets and revenue.
Frequently Asked Questions about Grace Corporation
Is Grace Corporation a legitimate charity?
Grace Corporation (EIN: 202931966) is a registered tax-exempt nonprofit based in North Dakota. Our AI analysis gives it a Mission Score of 50/100. 2 red flags identified. 1 strength noted. Financial health grade: D.
How does Grace Corporation spend its money?
Grace Corporation reported its financials in IRS 990 filings. Review the full spending breakdown on NonprofitSpending.
Are donations to Grace Corporation tax-deductible?
Grace Corporation is registered as a tax-exempt nonprofit (EIN: 202931966). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Grace Corporation CEO make?
Grace Corporation's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
How does Grace Corporation compare to similar nonprofits?
With a transparency score of 50/100 (Fair), Grace Corporation is near average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Grace Corporation located?
Grace Corporation is headquartered in Max, North Dakota and files with the IRS under EIN 202931966. It is classified under NTEE code X20.
Is Grace Corporation a good charity?
Based on the latest IRS 990 data showing $0 in revenue and assets, there is insufficient information to determine if Grace Corporation is a good charity. It appears to be non-operating or very new.
What are Grace Corporation's primary programs?
The IRS 990 data does not provide details on Grace Corporation's primary programs, as it reported $0 in revenue and assets, indicating no program service accomplishments were funded or reported.
How does Grace Corporation spend its money?
Grace Corporation reported $0 in total expenses, revenue, and assets, meaning there is no financial activity to analyze regarding how it spends its money.
Data Sources and Methodology
This transparency report for Grace Corporation 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.