Grand Central Partnership Inc
Grand Central Partnership Inc. consistently operates with a surplus and reports 0% officer compensation.
EIN: 133275810 · New York, NY · NTEE: S400 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.2M |
| Total Expenses | $12.7M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $13 |
| Net Assets | $10.7M |
| Transparency Score | 85/100 |
Is Grand Central Partnership Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Grand Central Partnership Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Grand Central Partnership Inc
Grand Central Partnership Inc (EIN: 133275810) is a nonprofit organization based in New York, NY, classified under NTEE code S400. The organization reported total revenue of $14.2M and total assets of $18.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grand Central Partnership Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grand Central Partnership Inc is a large nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.5M |
| Total Expenses | $12.7M |
| Surplus / Deficit | +$762K |
| Total Assets | $17.5M |
| Total Liabilities | $6.8M |
| Net Assets | $10.7M |
| Operating Margin | 5.6% |
| Debt-to-Asset Ratio | 39.0% |
| Months of Reserves | 16.5 months |
Financial Health Grade: A
In 2023, Grand Central Partnership Inc reported a surplus of $762K with revenue exceeding expenses, holds 16.5 months of operating reserves (strong position), has a debt-to-asset ratio of 39.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Grand Central Partnership Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.7% | +0.3% | +60.5% |
| 2022 | +2.7% | -4.6% | -10.2% |
| 2021 | -10.0% | -3.7% | -11.2% |
| 2020 | +5.7% | -2.6% | -6.0% |
| 2019 | +3.9% | +4.8% | -9.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Central Partnership Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Grand Central Partnership Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 surplus of $762K, with revenue exceeding expenses.
- Debt-to-asset ratio: 39.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with annual revenues exceeding $13 million. This suggests that executive leadership may be uncompensated volunteers or compensated through other means not classified as officer compensation on the 990.
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 Grand Central Partnership Inc's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size, which warrants further investigation into how leadership is compensated or if it's entirely volunteer-run.
Strengths
The following positive indicators were identified for Grand Central Partnership Inc:
- Consistent operating surplus, with revenues exceeding expenses in most reported periods (e.g., 202306: Revenue $13.5M, Expenses $12.7M).
- Stable and substantial revenue stream, consistently above $13 million annually.
- Significant reduction in liabilities over the past decade, from $16.2M in 201406 to $6.8M in 202306, indicating improved financial health.
- Healthy asset base, with assets at $17.5M in the latest filing, providing financial stability.
Frequently Asked Questions about Grand Central Partnership Inc
Is Grand Central Partnership Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Grand Central Partnership Inc (EIN: 133275810) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Grand Central Partnership Inc spend its money?
Grand Central Partnership Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Grand Central Partnership Inc tax-deductible?
Grand Central Partnership Inc is registered as a tax-exempt nonprofit (EIN: 133275810). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Grand Central Partnership Inc CEO make?
Grand Central Partnership Inc's highest-compensated officer earns $13 annually. The organization reported $14.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Grand Central Partnership Inc's spending goes to programs?
Grand Central Partnership Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Grand Central Partnership Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Grand Central Partnership Inc is above average for NTEE category S400 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Grand Central Partnership Inc located?
Grand Central Partnership Inc is headquartered in New York, New York and files with the IRS under EIN 133275810. It is classified under NTEE code S400.
How many years of IRS 990 filings does Grand Central Partnership Inc have?
Grand Central Partnership Inc has 13 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 $14.2M in total revenue.
How does Grand Central Partnership Inc. manage to report 0% officer compensation given its scale?
The consistent reporting of 0% officer compensation across all filings for an organization with over $13 million in annual revenue is highly unusual. It suggests that executive leadership may be entirely volunteer-based or compensated through a different category not captured under 'officer compensation' on the IRS 990, which would require reviewing the full 990 for details on other salaries and compensation.
What is the specific breakdown of program vs. administrative expenses?
While the provided data indicates total expenses, a detailed breakdown of program, administrative, and fundraising expenses is not available in the summary. This information is crucial for a complete assessment of spending efficiency and would be found in the full IRS 990 filing.
Is the organization's decreasing liability trend sustainable?
Yes, the organization has shown a consistent decrease in liabilities from $16,286,581 in 201406 to $6,833,933 in 202306. This sustained reduction indicates effective financial management and a healthy trend towards reduced debt burden, suggesting it is sustainable.
Filing History
IRS 990 filing history for Grand Central Partnership Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Grand Central Partnership Inc's revenue has grown by 8.7%, moving from $12.4M to $13.5M. Total assets decreased by 22.4% over the same period, from $22.6M to $17.5M. Total functional expenses fell by 2.9%, from $13.1M to $12.7M. In its most recent filing year (2023), Grand Central Partnership Inc reported a surplus of $762K, with revenue exceeding expenses. The organization holds $6.8M in liabilities against $17.5M in assets (debt-to-asset ratio: 39.0%), resulting in net assets of $10.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.5M | $12.7M | $17.5M | $6.8M | — | — |
| 2022 | $13.9M | $12.7M | $10.9M | $1.1M | — | View 990 |
| 2021 | $13.5M | $13.3M | $12.1M | $3.0M | — | View 990 |
| 2020 | $15.0M | $13.8M | $13.7M | $4.6M | — | View 990 |
| 2019 | $14.2M | $14.2M | $14.5M | $6.9M | — | View 990 |
| 2018 | $13.7M | $13.6M | $16.1M | $8.5M | — | View 990 |
| 2017 | $13.7M | $12.7M | $17.9M | $10.3M | — | View 990 |
| 2016 | $13.7M | $12.6M | $19.2M | $12.5M | — | View 990 |
| 2015 | $13.7M | $12.6M | $20.1M | $14.5M | — | View 990 |
| 2014 | $13.6M | $12.8M | $20.7M | $16.3M | — | View 990 |
| 2013 | $13.6M | $12.8M | $21.3M | $17.7M | — | View 990 |
| 2012 | $13.5M | $12.6M | $21.9M | $19.1M | — | View 990 |
| 2011 | $12.4M | $13.1M | $22.6M | $20.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.5M, expenses of $12.7M, and assets of $17.5M (revenue -2.7% year-over-year).
- 2022: Revenue of $13.9M, expenses of $12.7M, and assets of $10.9M (revenue +2.7% year-over-year).
- 2021: Revenue of $13.5M, expenses of $13.3M, and assets of $12.1M (revenue -10.0% year-over-year).
- 2020: Revenue of $15.0M, expenses of $13.8M, and assets of $13.7M (revenue +5.7% year-over-year).
- 2019: Revenue of $14.2M, expenses of $14.2M, and assets of $14.5M (revenue +3.9% year-over-year).
- 2018: Revenue of $13.7M, expenses of $13.6M, and assets of $16.1M (revenue -0.1% year-over-year).
- 2017: Revenue of $13.7M, expenses of $12.7M, and assets of $17.9M (revenue -0.3% year-over-year).
- 2016: Revenue of $13.7M, expenses of $12.6M, and assets of $19.2M (revenue +0.1% year-over-year).
- 2015: Revenue of $13.7M, expenses of $12.6M, and assets of $20.1M (revenue +0.6% year-over-year).
- 2014: Revenue of $13.6M, expenses of $12.8M, and assets of $20.7M (revenue +0.5% year-over-year).
- 2013: Revenue of $13.6M, expenses of $12.8M, and assets of $21.3M (revenue +0.7% year-over-year).
- 2012: Revenue of $13.5M, expenses of $12.6M, and assets of $21.9M (revenue +8.4% year-over-year).
- 2011: Revenue of $12.4M, expenses of $13.1M, and assets of $22.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grand Central Partnership Inc:
Data Sources and Methodology
This transparency report for Grand Central Partnership Inc 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.