Griffin Promise Incorporated
EIN: 462661825 · Broken Arrow, OK · NTEE: G84
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.4M |
| Net Assets | $57K |
Is Griffin Promise Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Griffin Promise Incorporated
Griffin Promise Incorporated (EIN: 462661825) is a nonprofit organization based in Broken Arrow, OK, classified under NTEE code G84. The organization reported total revenue of $1.2M and total assets of $62K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Griffin Promise Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Griffin Promise Incorporated is a mid-size nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 35.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$19K |
| Total Assets | $57K |
| Net Assets | $57K |
| Operating Margin | 1.4% |
| Months of Reserves | 0.5 months |
Financial Health Grade: A
In 2023, Griffin Promise Incorporated reported a surplus of $19K with revenue exceeding expenses, holds 0.5 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2014–2023), Griffin Promise Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 35.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.0% | -6.5% | +29.6% |
| 2022 | +13.2% | +31.2% | -69.8% |
| 2021 | +10.2% | +5.2% | +142.1% |
| 2020 | +51.3% | +51.2% | +98.5% |
| 2019 | +30.0% | +26.5% | +173.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Griffin Promise Incorporated 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 Griffin Promise Incorporated 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 $19K, with revenue exceeding expenses.
Frequently Asked Questions about Griffin Promise Incorporated
Is Griffin Promise Incorporated a legitimate charity?
Griffin Promise Incorporated (EIN: 462661825) is a registered tax-exempt nonprofit based in Oklahoma. It has 10 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: A.
How does Griffin Promise Incorporated spend its money?
Griffin Promise Incorporated reported $1.2M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Griffin Promise Incorporated tax-deductible?
Griffin Promise Incorporated is registered as a tax-exempt nonprofit (EIN: 462661825). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Griffin Promise Incorporated located?
Griffin Promise Incorporated is headquartered in Broken Arrow, Oklahoma and files with the IRS under EIN 462661825. It is classified under NTEE code G84.
How many years of IRS 990 filings does Griffin Promise Incorporated have?
Griffin Promise Incorporated 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Griffin Promise Incorporated showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Griffin Promise Incorporated's revenue has grown by 1432.9%, moving from $90K to $1.4M. Total assets increased by 978.3% over the same period, from $5K to $57K. Total functional expenses rose by 1183.2%, from $106K to $1.4M. In its most recent filing year (2023), Griffin Promise Incorporated reported a surplus of $19K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.4M | $57K | $0 | — | View 990 |
| 2022 | $1.4M | $1.5M | $44K | $0 | — | View 990 |
| 2021 | $1.2M | $1.1M | $147K | $0 | — | — |
| 2020 | $1.1M | $1.1M | $61K | $0 | — | View 990 |
| 2019 | $719K | $700K | $30K | $0 | — | View 990 |
| 2018 | $553K | $553K | $11K | $0 | — | View 990 |
| 2017 | $400K | $402K | $11K | $0 | — | View 990 |
| 2016 | $286K | $286K | $6K | $0 | — | View 990 |
| 2015 | $187K | $188K | $4K | $0 | — | View 990 |
| 2014 | $90K | $106K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.4M, and assets of $57K (revenue +2.0% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.5M, and assets of $44K (revenue +13.2% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $147K (revenue +10.2% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.1M, and assets of $61K (revenue +51.3% year-over-year).
- 2019: Revenue of $719K, expenses of $700K, and assets of $30K (revenue +30.0% year-over-year).
- 2018: Revenue of $553K, expenses of $553K, and assets of $11K (revenue +38.2% year-over-year).
- 2017: Revenue of $400K, expenses of $402K, and assets of $11K (revenue +39.9% year-over-year).
- 2016: Revenue of $286K, expenses of $286K, and assets of $6K (revenue +53.1% year-over-year).
- 2015: Revenue of $187K, expenses of $188K, and assets of $4K (revenue +106.9% year-over-year).
- 2014: Revenue of $90K, expenses of $106K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Griffin Promise Incorporated:
Data Sources and Methodology
This transparency report for Griffin Promise Incorporated 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.