Grand View Terrace Inc
Grand View Terrace Inc: Stable Finances, Limited Program Growth
EIN: 221904314 · Jersey City, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.2M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $6.2M |
| Transparency Score | 65/100 |
Is Grand View Terrace Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Grand View Terrace Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Grand View Terrace Inc
Grand View Terrace Inc (EIN: 221904314) is a nonprofit organization based in Jersey City, NJ. The organization reported total revenue of $2.3M and total assets of $6.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grand View Terrace Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grand View Terrace Inc is a mid-size nonprofit that has been operating for 59 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$87K |
| Total Assets | $6.5M |
| Total Liabilities | $301K |
| Net Assets | $6.2M |
| Operating Margin | 3.9% |
| Debt-to-Asset Ratio | 4.6% |
| Months of Reserves | 36.2 months |
Financial Health Grade: A
In 2021, Grand View Terrace Inc reported a surplus of $87K with revenue exceeding expenses, holds 36.2 months of operating reserves (strong position), has a debt-to-asset ratio of 4.6% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2021), Grand View Terrace Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -66.2% | -3.2% | +1.8% |
| 2020 | +177.4% | -1.7% | +108.2% |
| 2019 | +5.4% | +4.1% | -2.6% |
| 2018 | +2.3% | +1.2% | +1.9% |
| 2017 | +1.3% | +0.3% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1967 |
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 View Terrace Inc with a Mission Score of 65 out of 100 (Good). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Grand View Terrace Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $87K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.6%.
Executive Compensation Analysis
The organization consistently reports $0 in compensation for officers, directors, trustees, and key employees across all available filings, which is unusual for an entity with its revenue and asset levels and may indicate compensation is reported under other expense categories or is entirely volunte
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 View Terrace Inc's IRS 990 filings:
- Consistent reporting of $0 for executive compensation across all years, despite significant revenue and assets, raises questions about how leadership is compensated or if this is a reporting anomaly.
- The nature of 'Grand View Terrace' is unclear from the data; without knowing if it's a care facility, housing, or another type of program, assessing its mission effectiveness is difficult.
- Revenue in 2020 ($6,663,282) was significantly higher than other years (e.g., $2,251,598 in 2021), with no clear explanation for this spike or subsequent return to lower levels.
Strengths
The following positive indicators were identified for Grand View Terrace Inc:
- Long operational history with consistent financial filings dating back to 2014.
- Assets have shown growth, from $3,053,350 in 2014 to $6,522,044 in 2021, indicating financial stability.
- Expenses have remained relatively stable over the years, suggesting consistent operational costs.
Frequently Asked Questions about Grand View Terrace Inc
Is Grand View Terrace Inc a legitimate charity?
Grand View Terrace Inc (EIN: 221904314) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 11 years of IRS 990 filings on record. Total revenue: $2.3M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Grand View Terrace Inc spend its money?
Grand View Terrace Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Grand View Terrace Inc tax-deductible?
Grand View Terrace Inc is registered as a tax-exempt nonprofit (EIN: 221904314). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Grand View Terrace Inc CEO make?
Grand View Terrace Inc's highest-compensated officer earns $0 annually. The organization reported $2.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Grand View Terrace Inc's spending goes to programs?
Grand View Terrace Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Grand View Terrace Inc located?
Grand View Terrace Inc is headquartered in Jersey City, New Jersey and files with the IRS under EIN 221904314.
How many years of IRS 990 filings does Grand View Terrace Inc have?
Grand View Terrace 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 $2.3M in total revenue.
What does Grand View Terrace Inc do?
Grand View Terrace Inc is a nonprofit organization in the Unknown sector, located in Jersey City, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Grand View Terrace Inc have?
Grand View Terrace Inc reported total revenue of $2,251,598. Based on 11 IRS 990 filings on record.
What are Grand View Terrace Inc's total assets?
Grand View Terrace Inc holds total assets of $6,522,044 as reported in IRS 990 filings.
Where is Grand View Terrace Inc located?
Grand View Terrace Inc is based in Jersey City, New Jersey.
What is Grand View Terrace Inc's EIN?
Grand View Terrace Inc's Employer Identification Number (EIN) is 221904314. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Grand View Terrace Inc?
Grand View Terrace Inc is classified under NTEE code Unknown (Unknown).
Is Grand View Terrace Inc a registered 501(c)(3)?
Grand View Terrace Inc appears in IRS records (EIN: 221904314). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Grand View Terrace Inc file IRS Form 990?
Yes, Grand View Terrace Inc has 11 IRS Form 990 filings on record. The most recent covers tax period 202106.
What was Grand View Terrace Inc's revenue in 2021?
In the 202106 filing period, Grand View Terrace Inc reported total revenue of $2,251,598, total expenses of $2,164,240, and net assets of $6,522,044.
Is Grand View Terrace Inc's revenue growing or declining?
Grand View Terrace Inc's revenue is declining. Revenue went from $6,663,282 (202006) to $2,251,598 (202106), a -66.2% change. Based on 11 filings on record.
What is Grand View Terrace Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Grand View Terrace Inc covers tax period 202106. It shows revenue of $2,251,598, expenses of $2,164,240, total assets of $6,522,044, and liabilities of $301,414.
How much does Grand View Terrace Inc spend on programs vs administration?
Based on IRS 990 analysis, Grand View Terrace Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Grand View Terrace Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Grand View Terrace Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Grand View Terrace Inc?
The following concerns were identified: Consistent reporting of $0 for executive compensation across all years, despite significant revenue and assets, raises questions about how leadership is compensated or if this is a reporting anomaly.. The nature of 'Grand View Terrace' is unclear from the data; without knowing if it's a care facility, housing, or another type of program, assessing its mission effectiveness is difficult.. Revenue in 2020 ($6,663,282) was significantly higher than other years (e.g., $2,251,598 in 2021), with no clear explanation for this spike or subsequent return to lower levels.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Grand View Terrace Inc's strengths?
Positive indicators for Grand View Terrace Inc include: Long operational history with consistent financial filings dating back to 2014.. Assets have shown growth, from $3,053,350 in 2014 to $6,522,044 in 2021, indicating financial stability.. Expenses have remained relatively stable over the years, suggesting consistent operational costs.. These findings are derived from AI analysis of the organization's financial filings.
How does Grand View Terrace Inc compensate executives?
The organization consistently reports $0 in compensation for officers, directors, trustees, and key employees across all available filings, which is unusual for an entity with its revenue and asset levels and may indicate compensation is reported under other expense categories or is entirely volunte Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent $0 executive compensation, how does Grand View Terrace Inc. attract and retain leadership, and where are leadership-related costs accounted for in their financial statements?
The consistent reporting of $0 for executive compensation suggests either an entirely volunteer-led organization at the highest levels, or that compensation for key personnel is categorized under other expense lines, such as 'salaries and wages' for non-officer staff, or through related-party transactions not explicitly detailed in the provided summary. Further investigation into their Form 990, Part VII, Section A would be necessary.
What caused the significant revenue spike in 2020 to $6,663,282, and how was this additional revenue utilized or invested, given that expenses remained relatively stable?
The data does not provide a specific reason for the 2020 revenue surge. While expenses remained stable, the increase in revenue likely contributed to the growth in assets from $6,403,720 in 2020 to $6,522,044 in 2021, and potentially to an increase in cash reserves or investments, as liabilities remained low.
Filing History
IRS 990 filing history for Grand View Terrace Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Grand View Terrace Inc's revenue has grown by 14%, moving from $2.0M to $2.3M. Total assets increased by 124.1% over the same period, from $2.9M to $6.5M. Total functional expenses rose by 13.8%, from $1.9M to $2.2M. In its most recent filing year (2021), Grand View Terrace Inc reported a surplus of $87K, with revenue exceeding expenses. The organization holds $301K in liabilities against $6.5M in assets (debt-to-asset ratio: 4.6%), resulting in net assets of $6.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $2.3M | $2.2M | $6.5M | $301K | — | — |
| 2020 | $6.7M | $2.2M | $6.4M | $270K | — | — |
| 2019 | $2.4M | $2.3M | $3.1M | $1.3M | — | View 990 |
| 2018 | $2.3M | $2.2M | $3.2M | $1.5M | — | View 990 |
| 2017 | $2.2M | $2.2M | $3.1M | $1.5M | — | — |
| 2016 | $2.2M | $2.2M | $3.1M | $1.6M | — | View 990 |
| 2015 | $2.1M | $1.9M | $3.1M | $1.7M | — | View 990 |
| 2014 | $2.1M | $2.0M | $3.1M | $1.8M | — | View 990 |
| 2013 | $2.1M | $2.0M | $3.0M | $1.9M | — | View 990 |
| 2012 | $2.0M | $1.8M | $3.0M | $2.0M | — | View 990 |
| 2011 | $2.0M | $1.9M | $2.9M | $2.1M | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $2.3M, expenses of $2.2M, and assets of $6.5M (revenue -66.2% year-over-year).
- 2020: Revenue of $6.7M, expenses of $2.2M, and assets of $6.4M (revenue +177.4% year-over-year).
- 2019: Revenue of $2.4M, expenses of $2.3M, and assets of $3.1M (revenue +5.4% year-over-year).
- 2018: Revenue of $2.3M, expenses of $2.2M, and assets of $3.2M (revenue +2.3% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.2M, and assets of $3.1M (revenue +1.3% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.2M, and assets of $3.1M (revenue +4.4% year-over-year).
- 2015: Revenue of $2.1M, expenses of $1.9M, and assets of $3.1M (revenue -1.2% year-over-year).
- 2014: Revenue of $2.1M, expenses of $2.0M, and assets of $3.1M (revenue +1.5% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.0M, and assets of $3.0M (revenue +4.0% year-over-year).
- 2012: Revenue of $2.0M, expenses of $1.8M, and assets of $3.0M (revenue +2.2% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.9M, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grand View Terrace Inc:
Data Sources and Methodology
This transparency report for Grand View Terrace 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.