James And Grace Lee Boggs School
EIN: 463002637 · Detroit, MI · NTEE: P03
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $2.2M |
| Net Assets | $410K |
Is James And Grace Lee Boggs School Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About James And Grace Lee Boggs School
James And Grace Lee Boggs School (EIN: 463002637) is a nonprofit organization based in Detroit, MI, classified under NTEE code P03. The organization reported total revenue of $2.5M and total assets of $800K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of James And Grace Lee Boggs School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
James And Grace Lee Boggs School 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 14.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$37K |
| Total Assets | $607K |
| Total Liabilities | $197K |
| Net Assets | $410K |
| Operating Margin | 1.7% |
| Debt-to-Asset Ratio | 32.5% |
| Months of Reserves | 3.3 months |
Financial Health Grade: A
In 2023, James And Grace Lee Boggs School reported a surplus of $37K with revenue exceeding expenses, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 32.5% (moderate leverage).
Financial Trends
Over 10 years of filings (2014–2023), James And Grace Lee Boggs School's revenue has grown at a compound annual growth rate (CAGR) of 14.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.3% | +8.9% | +7.7% |
| 2022 | +11.3% | +19.8% | -6.5% |
| 2021 | +7.0% | +7.6% | +7.6% |
| 2020 | +6.6% | +11.0% | +6.5% |
| 2019 | +12.3% | +7.5% | +33.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for James And Grace Lee Boggs School 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 James And Grace Lee Boggs School 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 $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 32.5%.
Frequently Asked Questions about James And Grace Lee Boggs School
Is James And Grace Lee Boggs School a legitimate charity?
James And Grace Lee Boggs School (EIN: 463002637) is a registered tax-exempt nonprofit based in Michigan. It has 10 years of IRS 990 filings on record. Total revenue: $2.5M. No red flags identified. Financial health grade: A.
How does James And Grace Lee Boggs School spend its money?
James And Grace Lee Boggs School reported $2.5M 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 James And Grace Lee Boggs School tax-deductible?
James And Grace Lee Boggs School is registered as a tax-exempt nonprofit (EIN: 463002637). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is James And Grace Lee Boggs School located?
James And Grace Lee Boggs School is headquartered in Detroit, Michigan and files with the IRS under EIN 463002637. It is classified under NTEE code P03.
How many years of IRS 990 filings does James And Grace Lee Boggs School have?
James And Grace Lee Boggs School 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 $2.5M in total revenue.
Filing History
IRS 990 filing history for James And Grace Lee Boggs School showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), James And Grace Lee Boggs School's revenue has grown by 231.8%, moving from $673K to $2.2M. Total assets increased by 223.3% over the same period, from $188K to $607K. Total functional expenses rose by 272.6%, from $589K to $2.2M. In its most recent filing year (2023), James And Grace Lee Boggs School reported a surplus of $37K, with revenue exceeding expenses. The organization holds $197K in liabilities against $607K in assets (debt-to-asset ratio: 32.5%), resulting in net assets of $410K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.2M | $607K | $197K | — | View 990 |
| 2022 | $1.9M | $2.0M | $564K | $191K | — | View 990 |
| 2021 | $1.7M | $1.7M | $603K | $151K | — | View 990 |
| 2020 | $1.6M | $1.6M | $560K | $167K | — | View 990 |
| 2019 | $1.5M | $1.4M | $526K | $197K | — | View 990 |
| 2018 | $1.4M | $1.3M | $394K | $183K | — | View 990 |
| 2017 | $1.2M | $1.2M | $353K | $193K | — | View 990 |
| 2016 | $1.0M | $1.1M | $387K | $209K | — | View 990 |
| 2015 | $1.0M | $879K | $329K | $121K | — | View 990 |
| 2014 | $673K | $589K | $188K | $104K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.2M, and assets of $607K (revenue +15.3% year-over-year).
- 2022: Revenue of $1.9M, expenses of $2.0M, and assets of $564K (revenue +11.3% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.7M, and assets of $603K (revenue +7.0% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.6M, and assets of $560K (revenue +6.6% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.4M, and assets of $526K (revenue +12.3% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.3M, and assets of $394K (revenue +15.4% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.2M, and assets of $353K (revenue +15.2% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.1M, and assets of $387K (revenue +1.8% year-over-year).
- 2015: Revenue of $1.0M, expenses of $879K, and assets of $329K (revenue +49.2% year-over-year).
- 2014: Revenue of $673K, expenses of $589K, and assets of $188K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for James And Grace Lee Boggs School:
Data Sources and Methodology
This transparency report for James And Grace Lee Boggs School 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.