Greater Grand Island Community Foundation
EIN: 476032570 · Grand Island, NE · NTEE: T31
| Metric | Value |
|---|---|
| Total Revenue | $19.8M |
| Total Expenses | $2.5M |
| Net Assets | $25.8M |
Is Greater Grand Island Community Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Greater Grand Island Community Foundation
Greater Grand Island Community Foundation (EIN: 476032570) is a nonprofit organization based in Grand Island, NE, classified under NTEE code T31. The organization reported total revenue of $19.8M and total assets of $38.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Grand Island Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Grand Island Community Foundation is a large nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $2.5M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $29.6M |
| Total Liabilities | $3.8M |
| Net Assets | $25.8M |
| Operating Margin | 34.1% |
| Debt-to-Asset Ratio | 12.8% |
| Months of Reserves | 143.9 months |
Financial Health Grade: A
In 2023, Greater Grand Island Community Foundation reported a surplus of $1.3M with revenue exceeding expenses, holds 143.9 months of operating reserves (strong position), has a debt-to-asset ratio of 12.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Greater Grand Island Community Foundation's revenue has grown at a compound annual growth rate (CAGR) of 15.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +69.1% | +7.2% | +12.4% |
| 2022 | -49.8% | -13.5% | -15.3% |
| 2021 | +69.9% | +8.9% | +11.0% |
| 2020 | -2.3% | -28.8% | +11.9% |
| 2019 | -53.3% | +40.6% | +11.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1964 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Greater Grand Island Community 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 Greater Grand Island Community 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.8%.
Frequently Asked Questions about Greater Grand Island Community Foundation
Is Greater Grand Island Community Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Grand Island Community Foundation (EIN: 476032570) insufficient data. 0 red flags identified, 0 strengths noted.
How does Greater Grand Island Community Foundation spend its money?
Detailed spending breakdown data is not yet available for Greater Grand Island Community Foundation. Check back for updated IRS 990 analysis.
Are donations to Greater Grand Island Community Foundation tax-deductible?
Greater Grand Island Community Foundation is registered as a tax-exempt nonprofit (EIN: 476032570). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Greater Grand Island Community Foundation located?
Greater Grand Island Community Foundation is headquartered in Grand Island, Nebraska and files with the IRS under EIN 476032570. It is classified under NTEE code T31.
How many years of IRS 990 filings does Greater Grand Island Community Foundation have?
Greater Grand Island Community Foundation 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 $19.8M in total revenue.
Filing History
IRS 990 filing history for Greater Grand Island Community Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Greater Grand Island Community Foundation's revenue has grown by 486.5%, moving from $638K to $3.7M. Total assets increased by 379.3% over the same period, from $6.2M to $29.6M. Total functional expenses rose by 226.7%, from $755K to $2.5M. In its most recent filing year (2023), Greater Grand Island Community Foundation reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $3.8M in liabilities against $29.6M in assets (debt-to-asset ratio: 12.8%), resulting in net assets of $25.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.7M | $2.5M | $29.6M | $3.8M | — | — |
| 2022 | $2.2M | $2.3M | $26.3M | $3.7M | — | View 990 |
| 2021 | $4.4M | $2.7M | $31.1M | $4.1M | — | View 990 |
| 2020 | $2.6M | $2.4M | $28.0M | $3.3M | — | View 990 |
| 2019 | $2.7M | $3.4M | $25.0M | $2.8M | — | View 990 |
| 2018 | $5.7M | $2.4M | $22.4M | $2.1M | — | View 990 |
| 2017 | $4.0M | $1.9M | $21.3M | $2.2M | — | — |
| 2016 | $2.7M | $2.8M | $17.7M | $2.0M | — | View 990 |
| 2015 | $2.1M | $3.8M | $16.8M | $1.8M | — | View 990 |
| 2014 | $12.5M | $1.2M | $19.4M | $1.8M | — | View 990 |
| 2013 | $1.2M | $723K | $8.1M | $1.9M | — | View 990 |
| 2012 | $1.2M | $763K | $7.1M | $2.2M | — | View 990 |
| 2011 | $638K | $755K | $6.2M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.7M, expenses of $2.5M, and assets of $29.6M (revenue +69.1% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.3M, and assets of $26.3M (revenue -49.8% year-over-year).
- 2021: Revenue of $4.4M, expenses of $2.7M, and assets of $31.1M (revenue +69.9% year-over-year).
- 2020: Revenue of $2.6M, expenses of $2.4M, and assets of $28.0M (revenue -2.3% year-over-year).
- 2019: Revenue of $2.7M, expenses of $3.4M, and assets of $25.0M (revenue -53.3% year-over-year).
- 2018: Revenue of $5.7M, expenses of $2.4M, and assets of $22.4M (revenue +41.6% year-over-year).
- 2017: Revenue of $4.0M, expenses of $1.9M, and assets of $21.3M (revenue +46.1% year-over-year).
- 2016: Revenue of $2.7M, expenses of $2.8M, and assets of $17.7M (revenue +33.4% year-over-year).
- 2015: Revenue of $2.1M, expenses of $3.8M, and assets of $16.8M (revenue -83.6% year-over-year).
- 2014: Revenue of $12.5M, expenses of $1.2M, and assets of $19.4M (revenue +911.3% year-over-year).
- 2013: Revenue of $1.2M, expenses of $723K, and assets of $8.1M (revenue +2.9% year-over-year).
- 2012: Revenue of $1.2M, expenses of $763K, and assets of $7.1M (revenue +88.8% year-over-year).
- 2011: Revenue of $638K, expenses of $755K, and assets of $6.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Grand Island Community Foundation:
Data Sources and Methodology
This transparency report for Greater Grand Island Community 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.