Grenfell Association Of America

Grenfell Association Of America maintains strong asset base and consistent surpluses with no reported officer compensation.

EIN: 136083942 · Boston, MA · NTEE: T22 · Updated: 2026-03-28

$3.8MRevenue
$20.0MAssets
85/100Mission Score (Excellent)
T22
Grenfell Association Of America Financial Summary
MetricValue
Total Revenue$3.8M
Total Expenses$1.2M
Program Spending80%
Net Assets$18.6M
Transparency Score85/100

Is Grenfell Association Of America Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Grenfell Association Of America directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Grenfell Association Of America

Grenfell Association Of America (EIN: 136083942) is a nonprofit organization based in Boston, MA, classified under NTEE code T22. The organization reported total revenue of $3.8M and total assets of $20.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grenfell Association Of America's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

39Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

Grenfell Association Of America is a mid-size nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.9M
Total Expenses$1.2M
Surplus / Deficit+$712K
Total Assets$19.1M
Total Liabilities$418K
Net Assets$18.6M
Operating Margin37.1%
Debt-to-Asset Ratio2.2%
Months of Reserves189.1 months

Financial Health Grade: A

In 2023, Grenfell Association Of America reported a surplus of $712K with revenue exceeding expenses, holds 189.1 months of operating reserves (strong position), has a debt-to-asset ratio of 2.2% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Grenfell Association Of America's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023+72.0%+1.1%+8.1%
2022-37.3%-19.6%-18.7%
2021+39.8%+32.7%+6.4%
2020+9.7%+34.8%+9.1%
2019-34.2%-29.4%+15.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1987

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Grenfell Association Of America demonstrates consistent financial stability with substantial assets, currently at $20,013,157. Over the past decade, the organization has generally maintained a healthy surplus, with revenues frequently exceeding expenses. For instance, in 2023, revenue was $1,921,794 against expenses of $1,209,381, indicating efficient management of resources. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent positive net income suggests a well-managed operation. The organization's liabilities have remained relatively low compared to its assets, indicating a strong balance sheet. The organization's financial health appears robust, with a significant asset base that has grown steadily over time. The absence of reported officer compensation across all filings is a notable aspect, suggesting a volunteer-led or very lean executive structure, which can contribute to lower administrative overhead. This practice enhances the perception of the organization's commitment to its mission by minimizing executive costs. The consistent filing of IRS 990s over a decade also points to good transparency practices. Overall, the Grenfell Association Of America appears to be a financially sound and well-managed nonprofit. Its ability to consistently generate surpluses and maintain a strong asset base, coupled with no reported officer compensation, suggests a high degree of financial prudence and a focus on resource allocation towards its mission. Further analysis of detailed expense categories would provide a more granular understanding of spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Grenfell Association Of America with a Mission Score of 85 out of 100 (Excellent). 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: 80%
  • fundraising: 5%

According to IRS 990 filings, Grenfell Association Of America allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$1.9MTotal Revenue
$1.2MTotal Expenses
$19.1MTotal Assets
$418KTotal Liabilities
$18.6MNet Assets
  • The organization reported a surplus of $712K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 2.2%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a positive indicator for minimizing overhead.

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 Grenfell Association Of America's IRS 990 filings:

  • Lack of detailed program, administrative, and fundraising expense breakdown in provided data prevents granular spending efficiency analysis.

Strengths

The following positive indicators were identified for Grenfell Association Of America:

  • Strong and growing asset base, currently over $20 million.
  • Consistent financial surpluses in most years, indicating sound financial management.
  • No reported officer compensation across all filings, suggesting low administrative overhead.
  • Low liabilities relative to assets, indicating a healthy balance sheet.
  • Consistent IRS 990 filing history, demonstrating transparency.

Frequently Asked Questions about Grenfell Association Of America

Is Grenfell Association Of America a legitimate charity?

Grenfell Association Of America (EIN: 136083942) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.8M. 1 red flag identified. 5 strengths noted. Financial health grade: A.

How does Grenfell Association Of America spend its money?

Grenfell Association Of America directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Grenfell Association Of America tax-deductible?

Grenfell Association Of America is registered as a tax-exempt nonprofit (EIN: 136083942). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Grenfell Association Of America's spending goes to programs?

Grenfell Association Of America directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Grenfell Association Of America compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Grenfell Association Of America is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Grenfell Association Of America located?

Grenfell Association Of America is headquartered in Boston, Massachusetts and files with the IRS under EIN 136083942. It is classified under NTEE code T22.

How many years of IRS 990 filings does Grenfell Association Of America have?

Grenfell Association Of America 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 $3.8M in total revenue.

Is Grenfell Association Of America financially stable?

Yes, the Grenfell Association Of America appears financially stable, consistently reporting significant assets (currently over $20 million) and generally operating with a surplus, such as in 2023 where revenue ($1,921,794) exceeded expenses ($1,209,381).

Does Grenfell Association Of America pay its officers?

Based on the provided IRS 990 data, Grenfell Association Of America consistently reports 0% officer compensation across all ten filings, suggesting officers are not compensated or compensation is not reported in this category.

How has Grenfell Association Of America's asset base changed over time?

The organization's assets have shown consistent growth, increasing from $14,476,099 in 2011 to $20,013,157 currently, indicating strong financial management and accumulation of resources.

Filing History

IRS 990 filing history for Grenfell Association Of America showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Grenfell Association Of America's revenue has grown by 127.2%, moving from $846K to $1.9M. Total assets increased by 31.7% over the same period, from $14.5M to $19.1M. Total functional expenses rose by 14.2%, from $1.1M to $1.2M. In its most recent filing year (2023), Grenfell Association Of America reported a surplus of $712K, with revenue exceeding expenses. The organization holds $418K in liabilities against $19.1M in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $18.6M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.9M $1.2M $19.1M $418K
2022 $1.1M $1.2M $17.6M $387K View 990
2021 $1.8M $1.5M $21.7M $488K View 990
2020 $1.3M $1.1M $20.4M $339K View 990
2019 $1.2M $832K $18.7M $107K View 990
2015 $1.8M $1.2M $16.2M $85K View 990
2014 $951K $800K $17.5M $111K View 990
2013 $991K $890K $17.3M $127K View 990
2012 $1.0M $595K $15.8M $73K View 990
2011 $846K $1.1M $14.5M $55K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.9M, expenses of $1.2M, and assets of $19.1M (revenue +72.0% year-over-year).
  • 2022: Revenue of $1.1M, expenses of $1.2M, and assets of $17.6M (revenue -37.3% year-over-year).
  • 2021: Revenue of $1.8M, expenses of $1.5M, and assets of $21.7M (revenue +39.8% year-over-year).
  • 2020: Revenue of $1.3M, expenses of $1.1M, and assets of $20.4M (revenue +9.7% year-over-year).
  • 2019: Revenue of $1.2M, expenses of $832K, and assets of $18.7M (revenue -34.2% year-over-year).
  • 2015: Revenue of $1.8M, expenses of $1.2M, and assets of $16.2M (revenue +85.6% year-over-year).
  • 2014: Revenue of $951K, expenses of $800K, and assets of $17.5M (revenue -4.0% year-over-year).
  • 2013: Revenue of $991K, expenses of $890K, and assets of $17.3M (revenue -4.8% year-over-year).
  • 2012: Revenue of $1.0M, expenses of $595K, and assets of $15.8M (revenue +23.0% year-over-year).
  • 2011: Revenue of $846K, expenses of $1.1M, and assets of $14.5M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Grenfell Association Of America:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Grenfell Association Of America 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.

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