Growth And Opportunity Inc
EIN: 382019334 · Lapeer, MI
| Metric | Value |
|---|---|
| Total Expenses | $1.1M |
| Net Assets | $318K |
Is Growth And Opportunity Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Growth And Opportunity Inc
Growth And Opportunity Inc (EIN: 382019334) is a nonprofit organization based in Lapeer, MI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Growth And Opportunity Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Growth And Opportunity Inc is a small nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $989K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-137,417 |
| Total Assets | $561K |
| Total Liabilities | $243K |
| Net Assets | $318K |
| Operating Margin | -13.9% |
| Debt-to-Asset Ratio | 43.3% |
| Months of Reserves | 6.0 months |
Financial Health Grade: B
In 2014, Growth And Opportunity Inc reported a deficit of $137K with expenses exceeding revenue, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 43.3% (moderate leverage).
Financial Trends
Over 4 years of filings (2011–2014), Growth And Opportunity Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -7.6% | +3.4% | -15.1% |
| 2013 | +1.6% | -10.8% | -0.1% |
| 2012 | +5.7% | +17.8% | -20.4% |
AI Analysis Pending
AI enrichment for Growth And Opportunity 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 Growth And Opportunity 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $137K, with expenses exceeding revenue.
- Debt-to-asset ratio: 43.3%.
Frequently Asked Questions about Growth And Opportunity Inc
Is Growth And Opportunity Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Growth And Opportunity Inc (EIN: 382019334) insufficient data. 0 red flags identified, 0 strengths noted.
How does Growth And Opportunity Inc spend its money?
Detailed spending breakdown data is not yet available for Growth And Opportunity Inc. Check back for updated IRS 990 analysis.
Are donations to Growth And Opportunity Inc tax-deductible?
Growth And Opportunity Inc is registered as a tax-exempt nonprofit (EIN: 382019334). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Growth And Opportunity Inc located?
Growth And Opportunity Inc is headquartered in Lapeer, Michigan and files with the IRS under EIN 382019334.
How many years of IRS 990 filings does Growth And Opportunity Inc have?
Growth And Opportunity Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Growth And Opportunity Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Growth And Opportunity Inc's revenue has declined by 0.8%, moving from $997K to $989K. Total assets decreased by 32.5% over the same period, from $831K to $561K. Total functional expenses rose by 8.6%, from $1.0M to $1.1M. In its most recent filing year (2014), Growth And Opportunity Inc reported a deficit of $137K, with expenses exceeding revenue. The organization holds $243K in liabilities against $561K in assets (debt-to-asset ratio: 43.3%), resulting in net assets of $318K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $989K | $1.1M | $561K | $243K | — | View 990 |
| 2013 | $1.1M | $1.1M | $660K | $205K | — | View 990 |
| 2012 | $1.1M | $1.2M | $661K | $186K | — | View 990 |
| 2011 | $997K | $1.0M | $831K | $189K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $989K, expenses of $1.1M, and assets of $561K (revenue -7.6% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $660K (revenue +1.6% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.2M, and assets of $661K (revenue +5.7% year-over-year).
- 2011: Revenue of $997K, expenses of $1.0M, and assets of $831K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Growth And Opportunity Inc:
Data Sources and Methodology
This transparency report for Growth And Opportunity 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.