Grey2 K Usa Worldwide Inc
EIN: 43554776 · Arlington, MA · NTEE: D01
Is Grey2 K Usa Worldwide Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grey2 K Usa Worldwide Inc
Grey2 K Usa Worldwide Inc (EIN: 43554776) is a nonprofit organization based in Arlington, MA, classified under NTEE code D01. The organization reported total revenue of $1.1M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grey2 K Usa Worldwide Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grey2 K Usa Worldwide Inc is a mid-size nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $792K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-240,420 |
| Total Assets | $1.7M |
| Total Liabilities | $206K |
| Net Assets | $1.5M |
| Operating Margin | -30.4% |
| Debt-to-Asset Ratio | 12.4% |
| Months of Reserves | 19.4 months |
Financial Health Grade: B
In 2023, Grey2 K Usa Worldwide Inc reported a deficit of $240K with expenses exceeding revenue, holds 19.4 months of operating reserves (strong position), has a debt-to-asset ratio of 12.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Grey2 K Usa Worldwide Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -54.9% | +6.1% | -2.1% |
| 2022 | +72.7% | +6.3% | +91.8% |
| 2021 | -8.5% | +6.9% | +15.6% |
| 2020 | +2.6% | +26.2% | +49.1% |
| 2019 | -13.3% | -51.2% | +359.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grey2 K Usa Worldwide Inc 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 Grey2 K Usa Worldwide Inc 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 deficit of $240K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.4%.
Frequently Asked Questions about Grey2 K Usa Worldwide Inc
Is Grey2 K Usa Worldwide Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Grey2 K Usa Worldwide Inc (EIN: 43554776) insufficient data. 0 red flags identified, 0 strengths noted.
How does Grey2 K Usa Worldwide Inc spend its money?
Detailed spending breakdown data is not yet available for Grey2 K Usa Worldwide Inc. Check back for updated IRS 990 analysis.
Are donations to Grey2 K Usa Worldwide Inc tax-deductible?
Grey2 K Usa Worldwide Inc is registered as a tax-exempt nonprofit (EIN: 43554776). 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 Grey2 K Usa Worldwide Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Grey2 K Usa Worldwide Inc's revenue has grown by 130.5%, moving from $344K to $792K. Total assets increased by 4129.2% over the same period, from $39K to $1.7M. Total functional expenses rose by 192.4%, from $353K to $1.0M. In its most recent filing year (2023), Grey2 K Usa Worldwide Inc reported a deficit of $240K, with expenses exceeding revenue. The organization holds $206K in liabilities against $1.7M in assets (debt-to-asset ratio: 12.4%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $792K | $1.0M | $1.7M | $206K | — | View 990 |
| 2022 | $1.8M | $973K | $1.7M | $36K | — | View 990 |
| 2021 | $1.0M | $916K | $889K | $35K | — | View 990 |
| 2020 | $1.1M | $856K | $769K | $18K | — | View 990 |
| 2019 | $1.1M | $679K | $516K | $20K | — | View 990 |
| 2018 | $1.2M | $1.4M | $112K | $21K | — | View 990 |
| 2017 | $737K | $601K | $258K | $25K | — | View 990 |
| 2016 | $597K | $618K | $115K | $18K | — | View 990 |
| 2015 | $608K | $584K | $140K | $22K | — | View 990 |
| 2014 | $507K | $469K | $112K | $19K | — | View 990 |
| 2013 | $442K | $407K | $71K | $15K | — | View 990 |
| 2012 | $395K | $391K | $42K | $21K | — | View 990 |
| 2011 | $344K | $353K | $39K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $792K, expenses of $1.0M, and assets of $1.7M (revenue -54.9% year-over-year).
- 2022: Revenue of $1.8M, expenses of $973K, and assets of $1.7M (revenue +72.7% year-over-year).
- 2021: Revenue of $1.0M, expenses of $916K, and assets of $889K (revenue -8.5% year-over-year).
- 2020: Revenue of $1.1M, expenses of $856K, and assets of $769K (revenue +2.6% year-over-year).
- 2019: Revenue of $1.1M, expenses of $679K, and assets of $516K (revenue -13.3% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.4M, and assets of $112K (revenue +69.4% year-over-year).
- 2017: Revenue of $737K, expenses of $601K, and assets of $258K (revenue +23.5% year-over-year).
- 2016: Revenue of $597K, expenses of $618K, and assets of $115K (revenue -1.9% year-over-year).
- 2015: Revenue of $608K, expenses of $584K, and assets of $140K (revenue +20.0% year-over-year).
- 2014: Revenue of $507K, expenses of $469K, and assets of $112K (revenue +14.7% year-over-year).
- 2013: Revenue of $442K, expenses of $407K, and assets of $71K (revenue +12.0% year-over-year).
- 2012: Revenue of $395K, expenses of $391K, and assets of $42K (revenue +14.9% year-over-year).
- 2011: Revenue of $344K, expenses of $353K, and assets of $39K.
Data Sources and Methodology
This transparency report for Grey2 K Usa Worldwide 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.