Grand Innovation Inc
EIN: 811033237 · Detroit, MI · NTEE: S30
| Metric | Value |
|---|---|
| Total Revenue | $341K |
| Total Expenses | $307K |
| Net Assets | $52K |
Is Grand Innovation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grand Innovation Inc
Grand Innovation Inc (EIN: 811033237) is a nonprofit organization based in Detroit, MI, classified under NTEE code S30. The organization reported total revenue of $341K and total assets of $52K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grand Innovation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grand Innovation Inc is a small nonprofit that has been operating for 10 years, with 3 years of IRS 990 filings on record (2017–2019). Revenue has grown at a compound annual rate of 162.2%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $341K |
| Total Expenses | $307K |
| Surplus / Deficit | +$33K |
| Total Assets | $52K |
| Net Assets | $52K |
| Operating Margin | 9.8% |
| Months of Reserves | 2.0 months |
Financial Health Grade: A
In 2019, Grand Innovation Inc reported a surplus of $33K with revenue exceeding expenses, holds 2.0 months of operating reserves (limited).
Financial Trends
Over 3 years of filings (2017–2019), Grand Innovation Inc's revenue has grown at a compound annual growth rate (CAGR) of 162.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -49.4% | -56.6% | +176.8% |
| 2018 | +1257.7% | +95.3% | -65.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grand Innovation Inc 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 Grand Innovation Inc 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $33K, with revenue exceeding expenses.
Frequently Asked Questions about Grand Innovation Inc
Is Grand Innovation Inc a legitimate charity?
Grand Innovation Inc (EIN: 811033237) is a registered tax-exempt nonprofit based in Michigan. It has 3 years of IRS 990 filings on record. Total revenue: $341K. No red flags identified. Financial health grade: A.
How does Grand Innovation Inc spend its money?
Grand Innovation Inc reported $341K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Grand Innovation Inc tax-deductible?
Grand Innovation Inc is registered as a tax-exempt nonprofit (EIN: 811033237). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grand Innovation Inc located?
Grand Innovation Inc is headquartered in Detroit, Michigan and files with the IRS under EIN 811033237. It is classified under NTEE code S30.
How many years of IRS 990 filings does Grand Innovation Inc have?
Grand Innovation Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $341K in total revenue.
Filing History
IRS 990 filing history for Grand Innovation Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2017–2019), Grand Innovation Inc's revenue has grown by 587.2%, moving from $50K to $341K. Total assets decreased by 4.1% over the same period, from $54K to $52K. Total functional expenses fell by 15.3%, from $363K to $307K. In its most recent filing year (2019), Grand Innovation Inc reported a surplus of $33K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $341K | $307K | $52K | $0 | — | View 990 |
| 2018 | $673K | $708K | $19K | $0 | — | View 990 |
| 2017 | $50K | $363K | $54K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $341K, expenses of $307K, and assets of $52K (revenue -49.4% year-over-year).
- 2018: Revenue of $673K, expenses of $708K, and assets of $19K (revenue +1257.7% year-over-year).
- 2017: Revenue of $50K, expenses of $363K, and assets of $54K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grand Innovation Inc:
Data Sources and Methodology
This transparency report for Grand Innovation 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.