Groves Counseling Center
EIN: 472833723 · Gastonia, NC · NTEE: P46
| Metric | Value |
|---|---|
| Total Revenue | $175K |
| Total Expenses | $148K |
| Net Assets | $24K |
Is Groves Counseling Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Groves Counseling Center
Groves Counseling Center (EIN: 472833723) is a nonprofit organization based in Gastonia, NC, classified under NTEE code P46. The organization reported total revenue of $175K and total assets of $26K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Groves Counseling Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Groves Counseling Center is a small nonprofit that has been operating for 11 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $152K |
| Total Expenses | $148K |
| Surplus / Deficit | +$4K |
| Total Assets | $24K |
| Net Assets | $24K |
| Operating Margin | 2.7% |
| Months of Reserves | 1.9 months |
Financial Health Grade: A
In 2023, Groves Counseling Center reported a surplus of $4K with revenue exceeding expenses, holds 1.9 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2022–2023), Groves Counseling Center's revenue has declined at a compound annual growth rate (CAGR) of -7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.7% | -6.3% | +20.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Groves Counseling Center 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 Groves Counseling Center 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 $4K, with revenue exceeding expenses.
Frequently Asked Questions about Groves Counseling Center
Is Groves Counseling Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Groves Counseling Center (EIN: 472833723) insufficient data. 0 red flags identified, 0 strengths noted.
How does Groves Counseling Center spend its money?
Detailed spending breakdown data is not yet available for Groves Counseling Center. Check back for updated IRS 990 analysis.
Are donations to Groves Counseling Center tax-deductible?
Groves Counseling Center is registered as a tax-exempt nonprofit (EIN: 472833723). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Groves Counseling Center located?
Groves Counseling Center is headquartered in Gastonia, North Carolina and files with the IRS under EIN 472833723. It is classified under NTEE code P46.
How many years of IRS 990 filings does Groves Counseling Center have?
Groves Counseling Center has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $175K in total revenue.
Filing History
IRS 990 filing history for Groves Counseling Center showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Groves Counseling Center's revenue has declined by 7.7%, moving from $164K to $152K. Total assets increased by 20.5% over the same period, from $20K to $24K. Total functional expenses fell by 6.3%, from $158K to $148K. In its most recent filing year (2023), Groves Counseling Center reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $152K | $148K | $24K | $0 | — | View 990 |
| 2022 | $164K | $158K | $20K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Groves Counseling Center:
Data Sources and Methodology
This transparency report for Groves Counseling Center 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.