GREATER GRENADA FOUNDATION FOR ECONOMIC DEVELOPMENT (EIN 273214888) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

KEITH MITCHELL

Tax Period

2024-10-01 to 2025-09-30

GREATER GRENADA FOUNDATION FOR ECONOMIC DEVELOPMENT, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $610K in total revenue in fiscal year 2024. Expenses of $575K left a modest 6% surplus.

Mission

CREATE OPPORTUNITIES FOR ECONOMIC DEVELOPMENT THROUGH DESIRABLE BUSINESS GROWTH, EXPANSION, RETENTION AND ATTRACTION IN WORKING AS PARTNERS TO DEVELOP A CLIMATE CONDUCIVE TO MAINTAINING THE QUALITY OF LIFE IN GRENADA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $610,379

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $610,379

Expense Breakdown

Grants Paid $0

Salaries & Benefits $360,607

Fundraising Expenses $0

Program Expenses $171,170

Other Expenses $214,504

TOTAL EXPENSES $575,111

Year-over-Year Comparison

	2024	2023	Change
Revenue	$610,379	$601,307	+0.0%
Expenses	$575,111	$487,557	+0.2%
Net Income	$35,268	$113,750	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANK BRADFORD	DIRECTOR	N/A	Director	$0	$0	$0
BRENT BRASHER	DIRECTOR	N/A	Director	$0	$0	$0
IDA GIVENS	DIRECTOR	N/A	Director	$0	$0	$0
JOHN MARK KING	DIRECTOR	N/A	Director	$0	$0	$0
JOSH MATTOX	DIRECTOR	N/A	Director	$0	$0	$0
KEITH MITCHELL	DIRECTOR	N/A	Director	$0	$0	$0
WAYNE SMITH	DIRECTOR	N/A	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$610,379	$575,111	$359,262	$35,268
2024	$601,307	$487,557	$323,914	$113,750
2023	$604,802	$557,888	$213,097	$46,914
2022	$544,575	$504,997	$162,707	$39,578
2021	$336,474	$408,383	$144,616	$-71,909
2020	$395,679	$424,704	$195,581	$-29,025
2019	$455,553	$409,937	$239,048	$45,616
2018	$371,404	$431,255	$1,182,890	$-59,851

GREATER GRENADA FOUNDATION FOR ECONOMIC DEVELOPMENT