Grant Community Senior Citizens Housing Project
EIN: 382269069 · Grant, MI
| Metric | Value |
|---|---|
| Total Revenue | $248K |
| Total Expenses | $159K |
| Net Assets | $-167,217 |
Is Grant Community Senior Citizens Housing Project Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grant Community Senior Citizens Housing Project
Grant Community Senior Citizens Housing Project (EIN: 382269069) is a nonprofit organization based in Grant, MI. The organization reported total revenue of $248K and total assets of $536K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grant Community Senior Citizens Housing Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grant Community Senior Citizens Housing Project is a small nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $204K |
| Total Expenses | $159K |
| Surplus / Deficit | +$44K |
| Total Assets | $435K |
| Total Liabilities | $602K |
| Net Assets | $-167,217 |
| Operating Margin | 21.7% |
| Debt-to-Asset Ratio | 138.5% |
| Months of Reserves | 32.7 months |
Financial Health Grade: A
In 2023, Grant Community Senior Citizens Housing Project reported a surplus of $44K with revenue exceeding expenses, holds 32.7 months of operating reserves (strong position), has a debt-to-asset ratio of 138.5% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.5% | -8.2% | +6.2% |
| 2022 | +8.2% | +13.0% | -0.8% |
| 2021 | +13.3% | -6.0% | -4.2% |
| 2020 | -2.5% | +8.1% | -3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grant Community Senior Citizens Housing Project 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 Grant Community Senior Citizens Housing Project 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 $44K, with revenue exceeding expenses.
- Debt-to-asset ratio: 138.5%.
Frequently Asked Questions about Grant Community Senior Citizens Housing Project
Is Grant Community Senior Citizens Housing Project a legitimate charity?
Based on AI analysis of IRS 990 filings, Grant Community Senior Citizens Housing Project (EIN: 382269069) insufficient data. 0 red flags identified, 0 strengths noted.
How does Grant Community Senior Citizens Housing Project spend its money?
Detailed spending breakdown data is not yet available for Grant Community Senior Citizens Housing Project. Check back for updated IRS 990 analysis.
Are donations to Grant Community Senior Citizens Housing Project tax-deductible?
Grant Community Senior Citizens Housing Project is registered as a tax-exempt nonprofit (EIN: 382269069). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grant Community Senior Citizens Housing Project located?
Grant Community Senior Citizens Housing Project is headquartered in Grant, Michigan and files with the IRS under EIN 382269069.
How many years of IRS 990 filings does Grant Community Senior Citizens Housing Project have?
Grant Community Senior Citizens Housing Project 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 $248K in total revenue.
Filing History
IRS 990 filing history for Grant Community Senior Citizens Housing Project showing financial trends over 13 years of public records:
Total assets decreased by 24.4% over the same period, from $575K to $435K. In its most recent filing year (2023), Grant Community Senior Citizens Housing Project reported a surplus of $44K, with revenue exceeding expenses. The organization holds $602K in liabilities against $435K in assets (debt-to-asset ratio: 138.5%), resulting in net assets of $-167,217.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $204K | $159K | $435K | $602K | — | — |
| 2022 | $184K | $174K | $409K | $621K | — | View 990 |
| 2021 | $170K | $154K | $413K | $635K | — | View 990 |
| 2020 | $150K | $163K | $431K | $670K | — | — |
| 2019 | $154K | $151K | $446K | $671K | — | — |
| 2018 | $-3,814 | $0 | $459K | $688K | — | View 990 |
| 2017 | $-2,888 | $0 | $474K | $699K | — | View 990 |
| 2016 | $-9,167 | $0 | $492K | $714K | — | View 990 |
| 2015 | $2K | $0 | $512K | $724K | — | View 990 |
| 2014 | $-5,691 | $0 | $523K | $738K | — | View 990 |
| 2013 | $-16,983 | $0 | $538K | $747K | — | View 990 |
| 2012 | $-6,382 | $0 | $564K | $756K | — | View 990 |
| 2011 | $-9,799 | $0 | $575K | $760K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $204K, expenses of $159K, and assets of $435K (revenue +10.5% year-over-year).
- 2022: Revenue of $184K, expenses of $174K, and assets of $409K (revenue +8.2% year-over-year).
- 2021: Revenue of $170K, expenses of $154K, and assets of $413K (revenue +13.3% year-over-year).
- 2020: Revenue of $150K, expenses of $163K, and assets of $431K (revenue -2.5% year-over-year).
- 2019: Revenue of $154K, expenses of $151K, and assets of $446K.
- 2018: Revenue of $-3,814, expenses of $0, and assets of $459K.
- 2017: Revenue of $-2,888, expenses of $0, and assets of $474K.
- 2016: Revenue of $-9,167, expenses of $0, and assets of $492K (revenue -533.0% year-over-year).
- 2015: Revenue of $2K, expenses of $0, and assets of $512K.
- 2014: Revenue of $-5,691, expenses of $0, and assets of $523K.
- 2013: Revenue of $-16,983, expenses of $0, and assets of $538K.
- 2012: Revenue of $-6,382, expenses of $0, and assets of $564K.
- 2011: Revenue of $-9,799, expenses of $0, and assets of $575K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grant Community Senior Citizens Housing Project:
Data Sources and Methodology
This transparency report for Grant Community Senior Citizens Housing Project 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.