Grace Retreat Foster Care And Adoption Services
EIN: 273407836 · Tucson, AZ · NTEE: P40
Is Grace Retreat Foster Care And Adoption Services Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grace Retreat Foster Care And Adoption Services
Grace Retreat Foster Care And Adoption Services (EIN: 273407836) is a nonprofit organization based in Tucson, AZ, classified under NTEE code P40. The organization reported total revenue of $1.2M and total assets of $56K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grace Retreat Foster Care And Adoption Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grace Retreat Foster Care And Adoption Services is a mid-size nonprofit that has been operating for 2 years, with 7 years of IRS 990 filings on record (2018–2024). Revenue has grown at a compound annual rate of 46.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $891K |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-418,144 |
| Total Assets | $7K |
| Total Liabilities | $161K |
| Net Assets | $-153,756 |
| Operating Margin | -46.9% |
| Debt-to-Asset Ratio | 2155.8% |
| Months of Reserves | 0.1 months |
Financial Health Grade: D
In 2024, Grace Retreat Foster Care And Adoption Services reported a deficit of $418K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited), has a debt-to-asset ratio of 2155.8% (high leverage).
Financial Trends
Over 7 years of filings (2018–2024), Grace Retreat Foster Care And Adoption Services's revenue has grown at a compound annual growth rate (CAGR) of 46.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -24.3% | +8.0% | -97.2% |
| 2023 | +13.6% | +45.0% | -11.6% |
| 2022 | +39.7% | +18.4% | +204.0% |
| 2021 | +49.3% | +52.9% | +57.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grace Retreat Foster Care And Adoption Services 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 Retreat Foster Care And Adoption Services 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $418K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2155.8%.
Frequently Asked Questions about Grace Retreat Foster Care And Adoption Services
Is Grace Retreat Foster Care And Adoption Services a legitimate charity?
Based on AI analysis of IRS 990 filings, Grace Retreat Foster Care And Adoption Services (EIN: 273407836) insufficient data. 0 red flags identified, 0 strengths noted.
How does Grace Retreat Foster Care And Adoption Services spend its money?
Detailed spending breakdown data is not yet available for Grace Retreat Foster Care And Adoption Services. Check back for updated IRS 990 analysis.
Are donations to Grace Retreat Foster Care And Adoption Services tax-deductible?
Grace Retreat Foster Care And Adoption Services is registered as a tax-exempt nonprofit (EIN: 273407836). 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 Grace Retreat Foster Care And Adoption Services showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2018–2024), Grace Retreat Foster Care And Adoption Services's revenue has grown by 892.8%, moving from $90K to $891K. Total assets increased by 747800% over the same period, from $1 to $7K. Total functional expenses rose by 1099.5%, from $109K to $1.3M. In its most recent filing year (2024), Grace Retreat Foster Care And Adoption Services reported a deficit of $418K, with expenses exceeding revenue. The organization holds $161K in liabilities against $7K in assets (debt-to-asset ratio: 2155.8%), resulting in net assets of $-153,756.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $891K | $1.3M | $7K | $161K | — | — |
| 2023 | $1.2M | $1.2M | $264K | $0 | — | — |
| 2022 | $1.0M | $836K | $299K | $0 | — | — |
| 2021 | $742K | $706K | $98K | $0 | — | — |
| 2020 | $497K | $462K | $62K | $0 | — | View 990 |
| 2019 | $0 | $0 | $34K | $7K | — | View 990 |
| 2018 | $90K | $109K | $1 | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $891K, expenses of $1.3M, and assets of $7K (revenue -24.3% year-over-year).
- 2023: Revenue of $1.2M, expenses of $1.2M, and assets of $264K (revenue +13.6% year-over-year).
- 2022: Revenue of $1.0M, expenses of $836K, and assets of $299K (revenue +39.7% year-over-year).
- 2021: Revenue of $742K, expenses of $706K, and assets of $98K (revenue +49.3% year-over-year).
- 2020: Revenue of $497K, expenses of $462K, and assets of $62K.
- 2019: Revenue of $0, expenses of $0, and assets of $34K (revenue -100.0% year-over-year).
- 2018: Revenue of $90K, expenses of $109K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grace Retreat Foster Care And Adoption Services:
Data Sources and Methodology
This transparency report for Grace Retreat Foster Care And Adoption Services 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.