Roosevelt Park Neighborhood Assoc
EIN: 382252296 · Grand Rapids, MI
| Metric | Value |
|---|---|
| Total Revenue | $230K |
| Total Expenses | $228K |
| Net Assets | $287K |
Is Roosevelt Park Neighborhood Assoc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Roosevelt Park Neighborhood Assoc
Roosevelt Park Neighborhood Assoc (EIN: 382252296) is a nonprofit organization based in Grand Rapids, MI. The organization reported total revenue of $230K and total assets of $299K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Roosevelt Park Neighborhood Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Roosevelt Park Neighborhood Assoc is a small nonprofit that has been operating for 47 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $276K |
| Total Expenses | $228K |
| Surplus / Deficit | +$48K |
| Total Assets | $303K |
| Total Liabilities | $16K |
| Net Assets | $287K |
| Operating Margin | 17.4% |
| Debt-to-Asset Ratio | 5.4% |
| Months of Reserves | 16.0 months |
Financial Health Grade: A
In 2023, Roosevelt Park Neighborhood Assoc reported a surplus of $48K with revenue exceeding expenses, holds 16.0 months of operating reserves (strong position), has a debt-to-asset ratio of 5.4% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Roosevelt Park Neighborhood Assoc's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.8% | -6.7% | +8.9% |
| 2022 | +22.5% | +32.5% | +6.3% |
| 2021 | +10.2% | -1.1% | +7.5% |
| 2020 | +8.5% | +5.9% | +9.5% |
| 2019 | +8.1% | +54.1% | +4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Roosevelt Park Neighborhood Assoc 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 Roosevelt Park Neighborhood Assoc 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 $48K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.4%.
Frequently Asked Questions about Roosevelt Park Neighborhood Assoc
Is Roosevelt Park Neighborhood Assoc a legitimate charity?
Roosevelt Park Neighborhood Assoc (EIN: 382252296) is a registered tax-exempt nonprofit based in Michigan. It has 12 years of IRS 990 filings on record. Total revenue: $230K. No red flags identified. Financial health grade: A.
How does Roosevelt Park Neighborhood Assoc spend its money?
Roosevelt Park Neighborhood Assoc reported $230K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Roosevelt Park Neighborhood Assoc tax-deductible?
Roosevelt Park Neighborhood Assoc is registered as a tax-exempt nonprofit (EIN: 382252296). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Roosevelt Park Neighborhood Assoc located?
Roosevelt Park Neighborhood Assoc is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 382252296.
How many years of IRS 990 filings does Roosevelt Park Neighborhood Assoc have?
Roosevelt Park Neighborhood Assoc 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 $230K in total revenue.
Filing History
IRS 990 filing history for Roosevelt Park Neighborhood Assoc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Roosevelt Park Neighborhood Assoc's revenue has grown by 85.6%, moving from $149K to $276K. Total assets increased by 160.4% over the same period, from $117K to $303K. Total functional expenses rose by 70.9%, from $133K to $228K. In its most recent filing year (2023), Roosevelt Park Neighborhood Assoc reported a surplus of $48K, with revenue exceeding expenses. The organization holds $16K in liabilities against $303K in assets (debt-to-asset ratio: 5.4%), resulting in net assets of $287K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $276K | $228K | $303K | $16K | — | View 990 |
| 2022 | $274K | $244K | $279K | $55K | — | View 990 |
| 2021 | $223K | $184K | $262K | $59K | — | View 990 |
| 2020 | $203K | $186K | $244K | $26K | — | View 990 |
| 2019 | $187K | $176K | $223K | $57K | — | View 990 |
| 2018 | $173K | $114K | $212K | $57K | — | View 990 |
| 2017 | $155K | $201K | $145K | $54K | — | View 990 |
| 2016 | $237K | $173K | $197K | $61K | — | View 990 |
| 2015 | $133K | $137K | $122K | $50K | — | View 990 |
| 2014 | $131K | $143K | $130K | $53K | — | View 990 |
| 2013 | $144K | $126K | $135K | $0 | — | View 990 |
| 2012 | $149K | $133K | $117K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $276K, expenses of $228K, and assets of $303K (revenue +0.8% year-over-year).
- 2022: Revenue of $274K, expenses of $244K, and assets of $279K (revenue +22.5% year-over-year).
- 2021: Revenue of $223K, expenses of $184K, and assets of $262K (revenue +10.2% year-over-year).
- 2020: Revenue of $203K, expenses of $186K, and assets of $244K (revenue +8.5% year-over-year).
- 2019: Revenue of $187K, expenses of $176K, and assets of $223K (revenue +8.1% year-over-year).
- 2018: Revenue of $173K, expenses of $114K, and assets of $212K (revenue +11.4% year-over-year).
- 2017: Revenue of $155K, expenses of $201K, and assets of $145K (revenue -34.5% year-over-year).
- 2016: Revenue of $237K, expenses of $173K, and assets of $197K (revenue +77.8% year-over-year).
- 2015: Revenue of $133K, expenses of $137K, and assets of $122K (revenue +2.0% year-over-year).
- 2014: Revenue of $131K, expenses of $143K, and assets of $130K (revenue -9.3% year-over-year).
- 2013: Revenue of $144K, expenses of $126K, and assets of $135K (revenue -3.2% year-over-year).
- 2012: Revenue of $149K, expenses of $133K, and assets of $117K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Roosevelt Park Neighborhood Assoc:
Data Sources and Methodology
This transparency report for Roosevelt Park Neighborhood Assoc 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.