Grove Hall Neighborhood Development Corporation
EIN: 42886494 · Dorchester, MA · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $344K |
| Net Assets | $3.7M |
Is Grove Hall Neighborhood Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grove Hall Neighborhood Development Corporation
Grove Hall Neighborhood Development Corporation (EIN: 42886494) is a nonprofit organization based in Dorchester, MA, classified under NTEE code S20. The organization reported total revenue of $2.9M and total assets of $11.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grove Hall Neighborhood Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grove Hall Neighborhood Development Corporation is a mid-size nonprofit that has been operating for 2 years, with 12 years of IRS 990 filings on record (2010–2022).
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $526K |
| Total Expenses | $344K |
| Surplus / Deficit | +$182K |
| Total Assets | $11.7M |
| Total Liabilities | $8.0M |
| Net Assets | $3.7M |
| Operating Margin | 34.6% |
| Debt-to-Asset Ratio | 68.2% |
| Months of Reserves | 407.5 months |
Financial Health Grade: A
In 2022, Grove Hall Neighborhood Development Corporation reported a surplus of $182K with revenue exceeding expenses, holds 407.5 months of operating reserves (strong position), has a debt-to-asset ratio of 68.2% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -27.7% | +44.6% | +3.7% |
| 2021 | +101.1% | +115.8% | +1.4% |
| 2019 | -6.9% | -12.8% | +2.2% |
| 2018 | +24.3% | -17.0% | +4.6% |
| 2017 | -44.8% | +32.9% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grove Hall Neighborhood Development Corporation 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 Grove Hall Neighborhood Development Corporation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $182K, with revenue exceeding expenses.
- Debt-to-asset ratio: 68.2%.
Frequently Asked Questions about Grove Hall Neighborhood Development Corporation
Is Grove Hall Neighborhood Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Grove Hall Neighborhood Development Corporation (EIN: 42886494) insufficient data. 0 red flags identified, 0 strengths noted.
How does Grove Hall Neighborhood Development Corporation spend its money?
Detailed spending breakdown data is not yet available for Grove Hall Neighborhood Development Corporation. Check back for updated IRS 990 analysis.
Are donations to Grove Hall Neighborhood Development Corporation tax-deductible?
Grove Hall Neighborhood Development Corporation is registered as a tax-exempt nonprofit (EIN: 42886494). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grove Hall Neighborhood Development Corporation located?
Grove Hall Neighborhood Development Corporation is headquartered in Dorchester, Massachusetts and files with the IRS under EIN 42886494. It is classified under NTEE code S20.
How many years of IRS 990 filings does Grove Hall Neighborhood Development Corporation have?
Grove Hall Neighborhood Development Corporation has 12 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 $2.9M in total revenue.
Filing History
IRS 990 filing history for Grove Hall Neighborhood Development Corporation showing financial trends over 12 years of public records:
Total assets increased by 0.6% over the same period, from $11.6M to $11.7M. Total functional expenses rose by 166.7%, from $129K to $344K. In its most recent filing year (2022), Grove Hall Neighborhood Development Corporation reported a surplus of $182K, with revenue exceeding expenses. The organization holds $8.0M in liabilities against $11.7M in assets (debt-to-asset ratio: 68.2%), resulting in net assets of $3.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $526K | $344K | $11.7M | $8.0M | — | — |
| 2021 | $727K | $238K | $11.3M | $8.6M | — | — |
| 2019 | $362K | $110K | $11.1M | $9.0M | — | View 990 |
| 2018 | $388K | $126K | $10.9M | $8.7M | — | View 990 |
| 2017 | $312K | $152K | $10.4M | $8.9M | — | View 990 |
| 2016 | $566K | $115K | $10.7M | $9.4M | — | View 990 |
| 2015 | $445K | $163K | $10.2M | $9.3M | — | View 990 |
| 2014 | $329K | $104K | $10.7M | $10.1M | — | View 990 |
| 2013 | $311K | $117K | $11.1M | $11.0M | — | View 990 |
| 2012 | $208K | $117K | $11.4M | $11.4M | — | View 990 |
| 2011 | $-17,740 | $160K | $11.4M | $11.6M | — | View 990 |
| 2010 | $-120,644 | $129K | $11.6M | $11.6M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $526K, expenses of $344K, and assets of $11.7M (revenue -27.7% year-over-year).
- 2021: Revenue of $727K, expenses of $238K, and assets of $11.3M (revenue +101.1% year-over-year).
- 2019: Revenue of $362K, expenses of $110K, and assets of $11.1M (revenue -6.9% year-over-year).
- 2018: Revenue of $388K, expenses of $126K, and assets of $10.9M (revenue +24.3% year-over-year).
- 2017: Revenue of $312K, expenses of $152K, and assets of $10.4M (revenue -44.8% year-over-year).
- 2016: Revenue of $566K, expenses of $115K, and assets of $10.7M (revenue +27.4% year-over-year).
- 2015: Revenue of $445K, expenses of $163K, and assets of $10.2M (revenue +35.1% year-over-year).
- 2014: Revenue of $329K, expenses of $104K, and assets of $10.7M (revenue +5.8% year-over-year).
- 2013: Revenue of $311K, expenses of $117K, and assets of $11.1M (revenue +49.7% year-over-year).
- 2012: Revenue of $208K, expenses of $117K, and assets of $11.4M.
- 2011: Revenue of $-17,740, expenses of $160K, and assets of $11.4M.
- 2010: Revenue of $-120,644, expenses of $129K, and assets of $11.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grove Hall Neighborhood Development Corporation:
Data Sources and Methodology
This transparency report for Grove Hall Neighborhood Development Corporation 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.