The Grand Foundation Inc
The Grand Foundation Inc maintains strong assets and zero officer compensation amidst fluctuating revenues.
EIN: 201897324 · Grand Island, NE · NTEE: A80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $259K |
| Total Expenses | $153K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.4 |
| Net Assets | $1.3M |
| Transparency Score | 92/100 |
Is The Grand Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Grand Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Grand Foundation Inc
The Grand Foundation Inc (EIN: 201897324) is a nonprofit organization based in Grand Island, NE, classified under NTEE code A80. The organization reported total revenue of $259K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Grand Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Grand Foundation Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $136K |
| Total Expenses | $153K |
| Surplus / Deficit | $-16,634 |
| Total Assets | $1.3M |
| Total Liabilities | $8K |
| Net Assets | $1.3M |
| Operating Margin | -12.2% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 101.6 months |
Financial Health Grade: B
In 2023, The Grand Foundation Inc reported a deficit of $17K with expenses exceeding revenue, holds 101.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Grand Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.1% | -0.9% | +0.1% |
| 2022 | +231.3% | +90.9% | -5.2% |
| 2021 | -44.8% | -23.8% | +4.2% |
| 2020 | -45.9% | -11.9% | +0.2% |
| 2019 | +18.0% | +3.8% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Grand Foundation Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, The Grand Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $17K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all 13 filings, indicating a volunteer-led organization or one with no paid officers, which is highly commendable for an organization with over $1.4 million in assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for The Grand Foundation Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication.
- Strong and growing asset base, exceeding $1.4 million, providing financial stability.
- Low liabilities, consistently under $15,000, demonstrating sound debt management.
- Extensive filing history (13 IRS 990s), showcasing high transparency and accountability.
- Apparent strong program focus given the lack of paid executive salaries, implying resources are directed to mission.
Frequently Asked Questions about The Grand Foundation Inc
Is The Grand Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Grand Foundation Inc (EIN: 201897324) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does The Grand Foundation Inc spend its money?
The Grand Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Grand Foundation Inc tax-deductible?
The Grand Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201897324). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Grand Foundation Inc CEO make?
The Grand Foundation Inc's highest-compensated officer earns $1.4 annually. The organization reported $259K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does The Grand Foundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), The Grand Foundation Inc is above average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Grand Foundation Inc located?
The Grand Foundation Inc is headquartered in Grand Island, Nebraska and files with the IRS under EIN 201897324. It is classified under NTEE code A80.
How many years of IRS 990 filings does The Grand Foundation Inc have?
The Grand Foundation Inc has 13 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 $259K in total revenue.
Is The Grand Foundation Inc a good charity?
Based on the provided data, The Grand Foundation Inc appears to be a very good charity. It maintains a strong asset base, consistently reports 0% officer compensation, and has a long history of IRS 990 filings, indicating transparency and sound financial management.
How does The Grand Foundation Inc manage its expenses?
The organization generally manages its expenses effectively. While there have been periods where expenses slightly exceeded revenue (e.g., 2023, 2021), its substantial asset base of over $1.4 million and low liabilities suggest prudent financial oversight.
What is the trend in The Grand Foundation Inc's revenue?
The Grand Foundation Inc's revenue has fluctuated significantly over the years, ranging from a low of $50,770 in 2021 to a high of $376,739 in 2014. The latest reported revenue is $258,931, showing variability but also periods of strong income.
Does The Grand Foundation Inc have high administrative costs?
The provided data does not offer a detailed breakdown of administrative costs, but the consistent reporting of 0% officer compensation strongly suggests that administrative overhead, particularly related to executive salaries, is extremely low or non-existent, implying high efficiency.
How stable are The Grand Foundation Inc's assets?
The organization's assets are very stable and have shown consistent growth over the past decade, increasing from $1,131,444 in 2014 to $1,407,147 in the latest filing, indicating strong financial health and long-term sustainability.
Filing History
IRS 990 filing history for The Grand Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Grand Foundation Inc's revenue has declined by 43.5%, moving from $241K to $136K. Total assets increased by 175.2% over the same period, from $469K to $1.3M. Total functional expenses fell by 7.6%, from $165K to $153K. In its most recent filing year (2023), The Grand Foundation Inc reported a deficit of $17K, with expenses exceeding revenue. The organization holds $8K in liabilities against $1.3M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $136K | $153K | $1.3M | $8K | — | View 990 |
| 2022 | $168K | $154K | $1.3M | $9K | — | View 990 |
| 2021 | $51K | $81K | $1.4M | $12K | — | View 990 |
| 2020 | $92K | $106K | $1.3M | $11K | — | — |
| 2019 | $170K | $120K | $1.3M | $9K | — | View 990 |
| 2018 | $144K | $116K | $1.3M | $7K | — | View 990 |
| 2017 | $141K | $124K | $1.2M | $4K | — | View 990 |
| 2016 | $249K | $205K | $1.2M | $4K | — | View 990 |
| 2015 | $211K | $190K | $1.1M | $1K | — | View 990 |
| 2014 | $377K | $215K | $1.1M | $13K | — | View 990 |
| 2013 | $638K | $204K | $956K | $2K | — | View 990 |
| 2012 | $209K | $158K | $725K | $205K | — | View 990 |
| 2011 | $241K | $165K | $469K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $136K, expenses of $153K, and assets of $1.3M (revenue -19.1% year-over-year).
- 2022: Revenue of $168K, expenses of $154K, and assets of $1.3M (revenue +231.3% year-over-year).
- 2021: Revenue of $51K, expenses of $81K, and assets of $1.4M (revenue -44.8% year-over-year).
- 2020: Revenue of $92K, expenses of $106K, and assets of $1.3M (revenue -45.9% year-over-year).
- 2019: Revenue of $170K, expenses of $120K, and assets of $1.3M (revenue +18.0% year-over-year).
- 2018: Revenue of $144K, expenses of $116K, and assets of $1.3M (revenue +2.3% year-over-year).
- 2017: Revenue of $141K, expenses of $124K, and assets of $1.2M (revenue -43.5% year-over-year).
- 2016: Revenue of $249K, expenses of $205K, and assets of $1.2M (revenue +18.4% year-over-year).
- 2015: Revenue of $211K, expenses of $190K, and assets of $1.1M (revenue -44.1% year-over-year).
- 2014: Revenue of $377K, expenses of $215K, and assets of $1.1M (revenue -40.9% year-over-year).
- 2013: Revenue of $638K, expenses of $204K, and assets of $956K (revenue +204.9% year-over-year).
- 2012: Revenue of $209K, expenses of $158K, and assets of $725K (revenue -13.1% year-over-year).
- 2011: Revenue of $241K, expenses of $165K, and assets of $469K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Grand Foundation Inc:
Data Sources and Methodology
This transparency report for The Grand Foundation 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.