Groundwork Northeast Revitalization Group Inc
EIN: 454925472 · Kansas City, KS · NTEE: O51
| Metric | Value |
|---|---|
| Total Revenue | $771K |
| Total Expenses | $1.2M |
| Net Assets | $1.3M |
Is Groundwork Northeast Revitalization Group Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Groundwork Northeast Revitalization Group Inc
Groundwork Northeast Revitalization Group Inc (EIN: 454925472) is a nonprofit organization based in Kansas City, KS, classified under NTEE code O51. The organization reported total revenue of $771K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Groundwork Northeast Revitalization Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Groundwork Northeast Revitalization Group Inc is a small nonprofit that has been operating for 13 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 36.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-169,882 |
| Total Assets | $1.3M |
| Total Liabilities | $380 |
| Net Assets | $1.3M |
| Operating Margin | -16.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 13.3 months |
Financial Health Grade: B
In 2023, Groundwork Northeast Revitalization Group Inc reported a deficit of $170K with expenses exceeding revenue, holds 13.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Groundwork Northeast Revitalization Group Inc's revenue has grown at a compound annual growth rate (CAGR) of 36.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.4% | +87.8% | -11.6% |
| 2022 | -23.3% | +57.8% | +28.6% |
| 2021 | +261.2% | +67.0% | +217.1% |
| 2020 | +23.3% | +41.8% | +90.3% |
| 2019 | +87.5% | +24.8% | +136.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Groundwork Northeast Revitalization Group 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 Groundwork Northeast Revitalization Group 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 $170K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Groundwork Northeast Revitalization Group Inc
Is Groundwork Northeast Revitalization Group Inc a legitimate charity?
Groundwork Northeast Revitalization Group Inc (EIN: 454925472) is a registered tax-exempt nonprofit based in Kansas. It has 9 years of IRS 990 filings on record. Total revenue: $771K. No red flags identified. Financial health grade: B.
How does Groundwork Northeast Revitalization Group Inc spend its money?
Groundwork Northeast Revitalization Group Inc reported $771K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Groundwork Northeast Revitalization Group Inc tax-deductible?
Groundwork Northeast Revitalization Group Inc is registered as a tax-exempt nonprofit (EIN: 454925472). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Groundwork Northeast Revitalization Group Inc located?
Groundwork Northeast Revitalization Group Inc is headquartered in Kansas City, Kansas and files with the IRS under EIN 454925472. It is classified under NTEE code O51.
How many years of IRS 990 filings does Groundwork Northeast Revitalization Group Inc have?
Groundwork Northeast Revitalization Group Inc has 9 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 $771K in total revenue.
Filing History
IRS 990 filing history for Groundwork Northeast Revitalization Group Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Groundwork Northeast Revitalization Group Inc's revenue has grown by 1133.7%, moving from $82K to $1.0M. Total assets increased by 2966.6% over the same period, from $43K to $1.3M. Total functional expenses rose by 1615.8%, from $69K to $1.2M. In its most recent filing year (2023), Groundwork Northeast Revitalization Group Inc reported a deficit of $170K, with expenses exceeding revenue. The organization holds $380 in liabilities against $1.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.2M | $1.3M | $380 | — | — |
| 2022 | $956K | $627K | $1.5M | $2K | — | View 990 |
| 2021 | $1.2M | $398K | $1.2M | $2K | — | View 990 |
| 2020 | $345K | $238K | $363K | $63K | — | — |
| 2019 | $280K | $168K | $191K | $3K | — | View 990 |
| 2018 | $149K | $134K | $81K | $5K | — | View 990 |
| 2017 | $123K | $113K | $75K | $14K | — | View 990 |
| 2016 | $115K | $106K | $53K | $2K | — | View 990 |
| 2015 | $82K | $69K | $43K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.2M, and assets of $1.3M (revenue +5.4% year-over-year).
- 2022: Revenue of $956K, expenses of $627K, and assets of $1.5M (revenue -23.3% year-over-year).
- 2021: Revenue of $1.2M, expenses of $398K, and assets of $1.2M (revenue +261.2% year-over-year).
- 2020: Revenue of $345K, expenses of $238K, and assets of $363K (revenue +23.3% year-over-year).
- 2019: Revenue of $280K, expenses of $168K, and assets of $191K (revenue +87.5% year-over-year).
- 2018: Revenue of $149K, expenses of $134K, and assets of $81K (revenue +21.1% year-over-year).
- 2017: Revenue of $123K, expenses of $113K, and assets of $75K (revenue +7.0% year-over-year).
- 2016: Revenue of $115K, expenses of $106K, and assets of $53K (revenue +41.2% year-over-year).
- 2015: Revenue of $82K, expenses of $69K, and assets of $43K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Groundwork Northeast Revitalization Group Inc:
Data Sources and Methodology
This transparency report for Groundwork Northeast Revitalization Group 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.