Grand Rapids Community Legends Inc
EIN: 320225710 · Grand Rapids, MI · NTEE: A80
| Metric | Value |
|---|---|
| Total Revenue | $275K |
| Total Expenses | $929 |
| Net Assets | $510K |
Is Grand Rapids Community Legends 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 Rapids Community Legends Inc
Grand Rapids Community Legends Inc (EIN: 320225710) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code A80. The organization reported total revenue of $275K and total assets of $735K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grand Rapids Community Legends Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grand Rapids Community Legends Inc is a small nonprofit that has been operating for 18 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $511K |
| Total Expenses | $929 |
| Surplus / Deficit | +$510K |
| Total Assets | $510K |
| Net Assets | $510K |
| Operating Margin | 99.8% |
| Months of Reserves | 6585.2 months |
Financial Health Grade: A
In 2023, Grand Rapids Community Legends Inc reported a surplus of $510K with revenue exceeding expenses, holds 6585.2 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2023), Grand Rapids Community Legends Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -100.0% | -100.0% | +0.0% |
| 2017 | -100.0% | -28.8% | -43.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grand Rapids Community Legends 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 Rapids Community Legends 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $510K, with revenue exceeding expenses.
Frequently Asked Questions about Grand Rapids Community Legends Inc
Is Grand Rapids Community Legends Inc a legitimate charity?
Grand Rapids Community Legends Inc (EIN: 320225710) is a registered tax-exempt nonprofit based in Michigan. It has 11 years of IRS 990 filings on record. Total revenue: $275K. No red flags identified. Financial health grade: A.
How does Grand Rapids Community Legends Inc spend its money?
Grand Rapids Community Legends Inc reported $275K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Grand Rapids Community Legends Inc tax-deductible?
Grand Rapids Community Legends Inc is registered as a tax-exempt nonprofit (EIN: 320225710). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grand Rapids Community Legends Inc located?
Grand Rapids Community Legends Inc is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 320225710. It is classified under NTEE code A80.
How many years of IRS 990 filings does Grand Rapids Community Legends Inc have?
Grand Rapids Community Legends Inc has 11 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 $275K in total revenue.
Filing History
IRS 990 filing history for Grand Rapids Community Legends Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Grand Rapids Community Legends Inc's revenue has grown by 96.1%, moving from $260K to $511K. Total assets increased by 57.9% over the same period, from $323K to $510K. Total functional expenses fell by 99.4%, from $148K to $929. In its most recent filing year (2023), Grand Rapids Community Legends Inc reported a surplus of $510K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $511K | $929 | $510K | $0 | — | View 990 |
| 2020 | $0 | $0 | $9K | $39K | — | — |
| 2019 | $0 | $0 | $9K | $39K | — | View 990 |
| 2018 | $4K | $170K | $9K | $39K | — | View 990 |
| 2017 | $0 | $117K | $160K | $24K | — | View 990 |
| 2016 | $29 | $165K | $283K | $30K | — | View 990 |
| 2015 | $101K | $128K | $418K | $0 | — | View 990 |
| 2014 | $151K | $132K | $445K | $0 | — | View 990 |
| 2013 | $151K | $162K | $426K | $0 | — | View 990 |
| 2012 | $186K | $71K | $438K | $0 | — | View 990 |
| 2011 | $260K | $148K | $323K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $511K, expenses of $929, and assets of $510K.
- 2020: Revenue of $0, expenses of $0, and assets of $9K.
- 2019: Revenue of $0, expenses of $0, and assets of $9K (revenue -100.0% year-over-year).
- 2018: Revenue of $4K, expenses of $170K, and assets of $9K.
- 2017: Revenue of $0, expenses of $117K, and assets of $160K (revenue -100.0% year-over-year).
- 2016: Revenue of $29, expenses of $165K, and assets of $283K (revenue -100.0% year-over-year).
- 2015: Revenue of $101K, expenses of $128K, and assets of $418K (revenue -33.1% year-over-year).
- 2014: Revenue of $151K, expenses of $132K, and assets of $445K (revenue +0.0% year-over-year).
- 2013: Revenue of $151K, expenses of $162K, and assets of $426K (revenue -18.9% year-over-year).
- 2012: Revenue of $186K, expenses of $71K, and assets of $438K (revenue -28.8% year-over-year).
- 2011: Revenue of $260K, expenses of $148K, and assets of $323K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grand Rapids Community Legends Inc:
Data Sources and Methodology
This transparency report for Grand Rapids Community Legends 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.