Grand Beginnings
Grand Beginnings shows consistent growth and zero officer compensation over a decade of operations.
EIN: 113659478 · Granby, CO · NTEE: B99 · Updated: 2026-03-28
Is Grand Beginnings Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Grand Beginnings directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Grand Beginnings
Grand Beginnings (EIN: 113659478) is a nonprofit organization based in Granby, CO, classified under NTEE code B99. The organization reported total revenue of $701K and total assets of $758K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grand Beginnings's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grand Beginnings is a small nonprofit that has been operating for 23 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $534K |
| Total Expenses | $543K |
| Surplus / Deficit | $-9,449 |
| Total Assets | $565K |
| Total Liabilities | $16K |
| Net Assets | $549K |
| Operating Margin | -1.8% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 12.5 months |
Financial Health Grade: B
In 2023, Grand Beginnings reported a deficit of $9K with expenses exceeding revenue, holds 12.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Grand Beginnings's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.2% | +1.0% | -4.3% |
| 2022 | +35.4% | +35.4% | +6.4% |
| 2021 | +5.4% | +3.8% | +3.6% |
| 2020 | -30.7% | +3.3% | +10.7% |
| 2019 | +77.0% | -7.6% | +81.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
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 Grand Beginnings with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Grand Beginnings allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.8%.
Executive Compensation Analysis
Grand Beginnings consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers. This suggests a volunteer-led executive structure or that executive compensation is covered by other means not reported as officer compensation, which is highly favorable for donor confidence.
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.
Strengths
The following positive indicators were identified for Grand Beginnings:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
- Steady growth in assets over the past decade, from $280,045 in 2014 to $564,736 in 2023.
- Manageable and relatively low liabilities, suggesting sound financial health.
- Consistent filing of IRS 990 forms, demonstrating transparency and accountability.
- Revenue growth from $189,074 in 2014 to $533,896 in 2023, indicating increasing support and impact.
Frequently Asked Questions about Grand Beginnings
Is Grand Beginnings a legitimate charity?
Based on AI analysis of IRS 990 filings, Grand Beginnings (EIN: 113659478) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Grand Beginnings spend its money?
Grand Beginnings directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Grand Beginnings tax-deductible?
Grand Beginnings is registered as a tax-exempt nonprofit (EIN: 113659478). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Grand Beginnings a good charity?
Based on the provided financial data, Grand Beginnings appears to be a well-managed charity. It demonstrates consistent growth in assets and revenue, maintains low liabilities, and notably reports 0% officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How has Grand Beginnings' revenue trended over the past decade?
Grand Beginnings' revenue has shown a general upward trend over the past decade, with some fluctuations. It grew from $189,074 in 2014 to $533,896 in 2023, indicating significant growth in its financial capacity.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in all available IRS 990 filings, which is a strong indicator that executive leadership is either entirely volunteer-based or compensated through non-officer roles, maximizing funds for programmatic activities.
Are Grand Beginnings' assets growing?
Yes, Grand Beginnings' assets have shown consistent growth, increasing from $280,045 in 2014 to $564,736 in 2023, demonstrating a healthy accumulation of resources.
Filing History
IRS 990 filing history for Grand Beginnings showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Grand Beginnings's revenue has grown by 173.8%, moving from $195K to $534K. Total assets increased by 608.6% over the same period, from $80K to $565K. Total functional expenses rose by 218.9%, from $170K to $543K. In its most recent filing year (2023), Grand Beginnings reported a deficit of $9K, with expenses exceeding revenue. The organization holds $16K in liabilities against $565K in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $549K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $534K | $543K | $565K | $16K | — | View 990 |
| 2022 | $581K | $538K | $590K | $34K | — | View 990 |
| 2021 | $429K | $397K | $555K | $32K | — | View 990 |
| 2020 | $407K | $383K | $535K | $51K | — | View 990 |
| 2019 | $588K | $371K | $483K | $24K | — | View 990 |
| 2018 | $332K | $401K | $266K | $24K | — | View 990 |
| 2017 | $461K | $359K | $341K | $30K | — | View 990 |
| 2016 | $344K | $350K | $235K | $26K | — | View 990 |
| 2015 | $268K | $295K | $265K | $50K | — | View 990 |
| 2014 | $189K | $243K | $280K | $37K | — | View 990 |
| 2013 | $424K | $196K | $310K | $13K | — | View 990 |
| 2012 | $195K | $170K | $80K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $534K, expenses of $543K, and assets of $565K (revenue -8.2% year-over-year).
- 2022: Revenue of $581K, expenses of $538K, and assets of $590K (revenue +35.4% year-over-year).
- 2021: Revenue of $429K, expenses of $397K, and assets of $555K (revenue +5.4% year-over-year).
- 2020: Revenue of $407K, expenses of $383K, and assets of $535K (revenue -30.7% year-over-year).
- 2019: Revenue of $588K, expenses of $371K, and assets of $483K (revenue +77.0% year-over-year).
- 2018: Revenue of $332K, expenses of $401K, and assets of $266K (revenue -27.9% year-over-year).
- 2017: Revenue of $461K, expenses of $359K, and assets of $341K (revenue +33.9% year-over-year).
- 2016: Revenue of $344K, expenses of $350K, and assets of $235K (revenue +28.5% year-over-year).
- 2015: Revenue of $268K, expenses of $295K, and assets of $265K (revenue +41.5% year-over-year).
- 2014: Revenue of $189K, expenses of $243K, and assets of $280K (revenue -55.4% year-over-year).
- 2013: Revenue of $424K, expenses of $196K, and assets of $310K (revenue +117.5% year-over-year).
- 2012: Revenue of $195K, expenses of $170K, and assets of $80K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grand Beginnings:
Data Sources and Methodology
This transparency report for Grand Beginnings 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.