Grand Rapids Early Discovery
EIN: 455548956 · Grand Rapids, MI · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.7M |
| Net Assets | $92K |
Is Grand Rapids Early Discovery 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 Early Discovery
Grand Rapids Early Discovery (EIN: 455548956) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code P33. The organization reported total revenue of $1.6M and total assets of $92K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grand Rapids Early Discovery's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grand Rapids Early Discovery is a mid-size nonprofit that has been operating for 3 years, with 10 years of IRS 990 filings on record (2013–2024). Revenue has grown at a compound annual rate of 11.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-178,028 |
| Total Assets | $92K |
| Net Assets | $92K |
| Operating Margin | -11.4% |
| Months of Reserves | 0.6 months |
Financial Health Grade: C
In 2024, Grand Rapids Early Discovery reported a deficit of $178K with expenses exceeding revenue, holds 0.6 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2013–2024), Grand Rapids Early Discovery's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -18.9% | -4.2% | -65.9% |
| 2023 | +15.0% | +31.6% | -46.7% |
| 2022 | +87.3% | +39.5% | +141.2% |
| 2021 | +4.1% | +8.1% | +57.4% |
| 2020 | +2.6% | +15.4% | +140.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1237 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grand Rapids Early Discovery 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 Early Discovery 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $178K, with expenses exceeding revenue.
Frequently Asked Questions about Grand Rapids Early Discovery
Is Grand Rapids Early Discovery a legitimate charity?
Based on AI analysis of IRS 990 filings, Grand Rapids Early Discovery (EIN: 455548956) insufficient data. 0 red flags identified, 0 strengths noted.
How does Grand Rapids Early Discovery spend its money?
Detailed spending breakdown data is not yet available for Grand Rapids Early Discovery. Check back for updated IRS 990 analysis.
Are donations to Grand Rapids Early Discovery tax-deductible?
Grand Rapids Early Discovery is registered as a tax-exempt nonprofit (EIN: 455548956). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grand Rapids Early Discovery located?
Grand Rapids Early Discovery is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 455548956. It is classified under NTEE code P33.
How many years of IRS 990 filings does Grand Rapids Early Discovery have?
Grand Rapids Early Discovery has 10 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 $1.6M in total revenue.
Filing History
IRS 990 filing history for Grand Rapids Early Discovery showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2024), Grand Rapids Early Discovery's revenue has grown by 228%, moving from $476K to $1.6M. Total assets increased by 75.9% over the same period, from $52K to $92K. Total functional expenses rose by 270.7%, from $469K to $1.7M. In its most recent filing year (2024), Grand Rapids Early Discovery reported a deficit of $178K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.6M | $1.7M | $92K | $0 | — | View 990 |
| 2023 | $1.9M | $1.8M | $270K | $-252 | — | — |
| 2022 | $1.7M | $1.4M | $506K | $347K | — | — |
| 2021 | $894K | $988K | $210K | $345K | — | — |
| 2020 | $858K | $914K | $133K | $174K | — | — |
| 2017 | $837K | $792K | $55K | $28K | — | View 990 |
| 2016 | $625K | $627K | $35K | $52K | — | View 990 |
| 2015 | $589K | $579K | $52K | $63K | — | View 990 |
| 2014 | $495K | $522K | $34K | $55K | — | View 990 |
| 2013 | $476K | $469K | $52K | $46K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.6M, expenses of $1.7M, and assets of $92K (revenue -18.9% year-over-year).
- 2023: Revenue of $1.9M, expenses of $1.8M, and assets of $270K (revenue +15.0% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.4M, and assets of $506K (revenue +87.3% year-over-year).
- 2021: Revenue of $894K, expenses of $988K, and assets of $210K (revenue +4.1% year-over-year).
- 2020: Revenue of $858K, expenses of $914K, and assets of $133K (revenue +2.6% year-over-year).
- 2017: Revenue of $837K, expenses of $792K, and assets of $55K (revenue +33.7% year-over-year).
- 2016: Revenue of $625K, expenses of $627K, and assets of $35K (revenue +6.1% year-over-year).
- 2015: Revenue of $589K, expenses of $579K, and assets of $52K (revenue +19.2% year-over-year).
- 2014: Revenue of $495K, expenses of $522K, and assets of $34K (revenue +3.9% year-over-year).
- 2013: Revenue of $476K, expenses of $469K, and assets of $52K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grand Rapids Early Discovery:
Data Sources and Methodology
This transparency report for Grand Rapids Early Discovery 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.