Grace Guild Of Sinai Grace Hospital
EIN: 386092104 · Detroit, MI · NTEE: E22I
| Metric | Value |
|---|---|
| Total Revenue | $587K |
| Total Expenses | $442K |
| Net Assets | $396K |
Is Grace Guild Of Sinai Grace Hospital Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grace Guild Of Sinai Grace Hospital
Grace Guild Of Sinai Grace Hospital (EIN: 386092104) is a nonprofit organization based in Detroit, MI, classified under NTEE code E22I. The organization reported total revenue of $587K and total assets of $552K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grace Guild Of Sinai Grace Hospital's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grace Guild Of Sinai Grace Hospital is a small nonprofit that has been operating for 83 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $378K |
| Total Expenses | $442K |
| Surplus / Deficit | $-63,727 |
| Total Assets | $397K |
| Total Liabilities | $1K |
| Net Assets | $396K |
| Operating Margin | -16.8% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 10.8 months |
Financial Health Grade: B
In 2023, Grace Guild Of Sinai Grace Hospital reported a deficit of $64K with expenses exceeding revenue, holds 10.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Grace Guild Of Sinai Grace Hospital's revenue has grown at a compound annual growth rate (CAGR) of 13.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.0% | +1.0% | -13.7% |
| 2022 | +257.4% | -25.1% | +21.3% |
| 2021 | -69.6% | +60.0% | -7.9% |
| 2020 | -4.0% | +9.4% | +52.2% |
| 2019 | +182.9% | +142.8% | +151.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1943 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grace Guild Of Sinai Grace Hospital 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 Grace Guild Of Sinai Grace Hospital 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $64K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Grace Guild Of Sinai Grace Hospital
Is Grace Guild Of Sinai Grace Hospital a legitimate charity?
Based on AI analysis of IRS 990 filings, Grace Guild Of Sinai Grace Hospital (EIN: 386092104) insufficient data. 0 red flags identified, 0 strengths noted.
How does Grace Guild Of Sinai Grace Hospital spend its money?
Detailed spending breakdown data is not yet available for Grace Guild Of Sinai Grace Hospital. Check back for updated IRS 990 analysis.
Are donations to Grace Guild Of Sinai Grace Hospital tax-deductible?
Grace Guild Of Sinai Grace Hospital is registered as a tax-exempt nonprofit (EIN: 386092104). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grace Guild Of Sinai Grace Hospital located?
Grace Guild Of Sinai Grace Hospital is headquartered in Detroit, Michigan and files with the IRS under EIN 386092104. It is classified under NTEE code E22I.
How many years of IRS 990 filings does Grace Guild Of Sinai Grace Hospital have?
Grace Guild Of Sinai Grace Hospital has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $587K in total revenue.
Filing History
IRS 990 filing history for Grace Guild Of Sinai Grace Hospital showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Grace Guild Of Sinai Grace Hospital's revenue has grown by 353.2%, moving from $84K to $378K. Total assets increased by 568.1% over the same period, from $59K to $397K. Total functional expenses rose by 385.5%, from $91K to $442K. In its most recent filing year (2023), Grace Guild Of Sinai Grace Hospital reported a deficit of $64K, with expenses exceeding revenue. The organization holds $1K in liabilities against $397K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $396K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $378K | $442K | $397K | $1K | — | — |
| 2022 | $518K | $438K | $460K | $490 | — | View 990 |
| 2021 | $145K | $584K | $379K | $0 | — | View 990 |
| 2020 | $477K | $365K | $412K | $29K | — | View 990 |
| 2019 | $497K | $334K | $271K | $0 | — | View 990 |
| 2018 | $176K | $137K | $108K | $349 | — | View 990 |
| 2017 | $0 | $65K | $86K | $17K | — | View 990 |
| 2017 | $125K | $3K | $134K | $0 | — | View 990 |
| 2016 | $1K | $15K | $11K | $0 | — | View 990 |
| 2015 | $7 | $6K | $25K | $0 | — | View 990 |
| 2014 | $9K | $31K | $31K | $0 | — | View 990 |
| 2013 | $66K | $68K | $52K | $0 | — | View 990 |
| 2012 | $25K | $29K | $55K | $0 | — | View 990 |
| 2011 | $84K | $91K | $59K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $378K, expenses of $442K, and assets of $397K (revenue -27.0% year-over-year).
- 2022: Revenue of $518K, expenses of $438K, and assets of $460K (revenue +257.4% year-over-year).
- 2021: Revenue of $145K, expenses of $584K, and assets of $379K (revenue -69.6% year-over-year).
- 2020: Revenue of $477K, expenses of $365K, and assets of $412K (revenue -4.0% year-over-year).
- 2019: Revenue of $497K, expenses of $334K, and assets of $271K (revenue +182.9% year-over-year).
- 2018: Revenue of $176K, expenses of $137K, and assets of $108K.
- 2017: Revenue of $0, expenses of $65K, and assets of $86K (revenue -100.0% year-over-year).
- 2017: Revenue of $125K, expenses of $3K, and assets of $134K (revenue +12437.3% year-over-year).
- 2016: Revenue of $1K, expenses of $15K, and assets of $11K (revenue +14185.7% year-over-year).
- 2015: Revenue of $7, expenses of $6K, and assets of $25K (revenue -99.9% year-over-year).
- 2014: Revenue of $9K, expenses of $31K, and assets of $31K (revenue -85.7% year-over-year).
- 2013: Revenue of $66K, expenses of $68K, and assets of $52K (revenue +167.2% year-over-year).
- 2012: Revenue of $25K, expenses of $29K, and assets of $55K (revenue -70.5% year-over-year).
- 2011: Revenue of $84K, expenses of $91K, and assets of $59K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grace Guild Of Sinai Grace Hospital:
Data Sources and Methodology
This transparency report for Grace Guild Of Sinai Grace Hospital 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.