Great River Economic Development Foundation
EIN: 371053827 · Quincy, IL · NTEE: S31Z
Is Great River Economic Development Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Great River Economic Development Foundation
Great River Economic Development Foundation (EIN: 371053827) is a nonprofit organization based in Quincy, IL, classified under NTEE code S31Z. The organization reported total revenue of $503K and total assets of $875K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Great River Economic Development Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Great River Economic Development Foundation 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 Great River Economic Development Foundation 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.
Frequently Asked Questions about Great River Economic Development Foundation
Is Great River Economic Development Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Great River Economic Development Foundation (EIN: 371053827) insufficient data. 0 red flags identified, 0 strengths noted.
How does Great River Economic Development Foundation spend its money?
Detailed spending breakdown data is not yet available for Great River Economic Development Foundation. Check back for updated IRS 990 analysis.
Are donations to Great River Economic Development Foundation tax-deductible?
Great River Economic Development Foundation is registered as a tax-exempt nonprofit (EIN: 371053827). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Great River Economic Development Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Great River Economic Development Foundation's revenue has grown by 49.9%, moving from $359K to $538K. Total assets decreased by 34.2% over the same period, from $1.2M to $774K. Total functional expenses fell by 17.9%, from $510K to $419K. In its most recent filing year (2023), Great River Economic Development Foundation reported a surplus of $119K, with revenue exceeding expenses. The organization holds $107K in liabilities against $774K in assets (debt-to-asset ratio: 13.8%), resulting in net assets of $667K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $538K | $419K | $774K | $107K | — | — |
| 2022 | $326K | $418K | $637K | $79K | — | View 990 |
| 2021 | $460K | $417K | $756K | $106K | — | View 990 |
| 2020 | $394K | $380K | $696K | $67K | — | View 990 |
| 2019 | $366K | $398K | $658K | $69K | — | — |
| 2018 | $339K | $401K | $604K | $252 | — | View 990 |
| 2017 | $361K | $401K | $728K | $228 | — | View 990 |
| 2016 | $441K | $476K | $718K | $271 | — | View 990 |
| 2015 | $391K | $490K | $733K | $229 | — | View 990 |
| 2014 | $520K | $475K | $853K | $530 | — | View 990 |
| 2013 | $272K | $429K | $995K | $170K | — | View 990 |
| 2012 | $330K | $399K | $1.2M | $191K | — | View 990 |
| 2011 | $359K | $510K | $1.2M | $159K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $538K, expenses of $419K, and assets of $774K (revenue +65.0% year-over-year).
- 2022: Revenue of $326K, expenses of $418K, and assets of $637K (revenue -29.1% year-over-year).
- 2021: Revenue of $460K, expenses of $417K, and assets of $756K (revenue +16.7% year-over-year).
- 2020: Revenue of $394K, expenses of $380K, and assets of $696K (revenue +7.5% year-over-year).
- 2019: Revenue of $366K, expenses of $398K, and assets of $658K (revenue +8.2% year-over-year).
- 2018: Revenue of $339K, expenses of $401K, and assets of $604K (revenue -6.1% year-over-year).
- 2017: Revenue of $361K, expenses of $401K, and assets of $728K (revenue -18.2% year-over-year).
- 2016: Revenue of $441K, expenses of $476K, and assets of $718K (revenue +12.9% year-over-year).
- 2015: Revenue of $391K, expenses of $490K, and assets of $733K (revenue -24.9% year-over-year).
- 2014: Revenue of $520K, expenses of $475K, and assets of $853K (revenue +91.5% year-over-year).
- 2013: Revenue of $272K, expenses of $429K, and assets of $995K (revenue -17.7% year-over-year).
- 2012: Revenue of $330K, expenses of $399K, and assets of $1.2M (revenue -8.0% year-over-year).
- 2011: Revenue of $359K, expenses of $510K, and assets of $1.2M.
Data Sources and Methodology
This transparency report for Great River Economic Development Foundation 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.