Grand Island Regency Retirement
EIN: 470761023 · Grand Island, NE · NTEE: Z99Z
| Metric | Value |
|---|---|
| Total Revenue | $366K |
| Total Expenses | $310K |
| Net Assets | $152K |
Is Grand Island Regency Retirement Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grand Island Regency Retirement
Grand Island Regency Retirement (EIN: 470761023) is a nonprofit organization based in Grand Island, NE, classified under NTEE code Z99Z. The organization reported total revenue of $366K and total assets of $937K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grand Island Regency Retirement's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grand Island Regency Retirement is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $318K |
| Total Expenses | $310K |
| Surplus / Deficit | +$8K |
| Total Assets | $949K |
| Total Liabilities | $797K |
| Net Assets | $152K |
| Operating Margin | 2.4% |
| Debt-to-Asset Ratio | 84.0% |
| Months of Reserves | 36.7 months |
Financial Health Grade: A
In 2023, Grand Island Regency Retirement reported a surplus of $8K with revenue exceeding expenses, holds 36.7 months of operating reserves (strong position), has a debt-to-asset ratio of 84.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Grand Island Regency Retirement's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.5% | +1.2% | -4.0% |
| 2022 | -6.6% | -4.6% | -4.8% |
| 2021 | -6.3% | +5.2% | -3.9% |
| 2020 | +7.9% | +0.3% | -1.3% |
| 2019 | +0.7% | -2.6% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grand Island Regency Retirement 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 Island Regency Retirement 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 surplus of $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 84.0%.
Frequently Asked Questions about Grand Island Regency Retirement
Is Grand Island Regency Retirement a legitimate charity?
Based on AI analysis of IRS 990 filings, Grand Island Regency Retirement (EIN: 470761023) insufficient data. 0 red flags identified, 0 strengths noted.
How does Grand Island Regency Retirement spend its money?
Detailed spending breakdown data is not yet available for Grand Island Regency Retirement. Check back for updated IRS 990 analysis.
Are donations to Grand Island Regency Retirement tax-deductible?
Grand Island Regency Retirement is registered as a tax-exempt nonprofit (EIN: 470761023). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grand Island Regency Retirement located?
Grand Island Regency Retirement is headquartered in Grand Island, Nebraska and files with the IRS under EIN 470761023. It is classified under NTEE code Z99Z.
How many years of IRS 990 filings does Grand Island Regency Retirement have?
Grand Island Regency Retirement 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 $366K in total revenue.
Filing History
IRS 990 filing history for Grand Island Regency Retirement showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Grand Island Regency Retirement's revenue has grown by 0.6%, moving from $316K to $318K. Total assets decreased by 34.3% over the same period, from $1.4M to $949K. Total functional expenses rose by 41.4%, from $219K to $310K. In its most recent filing year (2023), Grand Island Regency Retirement reported a surplus of $8K, with revenue exceeding expenses. The organization holds $797K in liabilities against $949K in assets (debt-to-asset ratio: 84.0%), resulting in net assets of $152K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $318K | $310K | $949K | $797K | — | View 990 |
| 2022 | $293K | $306K | $988K | $844K | — | View 990 |
| 2021 | $313K | $321K | $1.0M | $880K | — | View 990 |
| 2020 | $335K | $305K | $1.1M | $914K | — | View 990 |
| 2019 | $310K | $305K | $1.1M | $957K | — | View 990 |
| 2018 | $308K | $313K | $1.1M | $1.0M | — | View 990 |
| 2017 | $323K | $304K | $1.2M | $1.0M | — | View 990 |
| 2016 | $332K | $302K | $1.2M | $1.1M | — | View 990 |
| 2015 | $308K | $299K | $1.2M | $1.1M | — | View 990 |
| 2014 | $307K | $356K | $1.2M | $1.1M | — | View 990 |
| 2013 | $580K | $344K | $1.3M | $1.1M | — | View 990 |
| 2012 | $323K | $552K | $1.4M | $1.5M | — | View 990 |
| 2011 | $316K | $219K | $1.4M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $318K, expenses of $310K, and assets of $949K (revenue +8.5% year-over-year).
- 2022: Revenue of $293K, expenses of $306K, and assets of $988K (revenue -6.6% year-over-year).
- 2021: Revenue of $313K, expenses of $321K, and assets of $1.0M (revenue -6.3% year-over-year).
- 2020: Revenue of $335K, expenses of $305K, and assets of $1.1M (revenue +7.9% year-over-year).
- 2019: Revenue of $310K, expenses of $305K, and assets of $1.1M (revenue +0.7% year-over-year).
- 2018: Revenue of $308K, expenses of $313K, and assets of $1.1M (revenue -4.6% year-over-year).
- 2017: Revenue of $323K, expenses of $304K, and assets of $1.2M (revenue -2.7% year-over-year).
- 2016: Revenue of $332K, expenses of $302K, and assets of $1.2M (revenue +7.6% year-over-year).
- 2015: Revenue of $308K, expenses of $299K, and assets of $1.2M (revenue +0.2% year-over-year).
- 2014: Revenue of $307K, expenses of $356K, and assets of $1.2M (revenue -47.0% year-over-year).
- 2013: Revenue of $580K, expenses of $344K, and assets of $1.3M (revenue +79.8% year-over-year).
- 2012: Revenue of $323K, expenses of $552K, and assets of $1.4M (revenue +2.1% year-over-year).
- 2011: Revenue of $316K, expenses of $219K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grand Island Regency Retirement:
Data Sources and Methodology
This transparency report for Grand Island Regency Retirement 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.