Z โ€” UnclassifiedEIN: 382575307ยท Ruling Year: 1985

Grosfeld Foundation

Southfield, Michigan

CHealth Score
42C

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Below Average

๐Ÿ’ฐ
$1.5M
Total Revenue
๐Ÿ“Š
$2.7M
Total Expenses
๐Ÿฆ
$126K
Net Assets
๐Ÿ“‹
$1K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-79.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-83.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.05
Net assets divided by total expenses
Liabilities-to-Assets
0.8%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$1,481,239โ†“79%$2,712,208โ†“52%$127,226โ†“91%
2022$7,101,163โ†‘112%$5,681,994โ†‘70%$1,377,291โ†‘49586%
2021$3,347,313โ†‘115325%$3,333,938โ†“10%$2,772โ†“91%
2020$2,900โ†“100%$3,716,905โ†“77%$30,284โ†“99%
2019$14,151,040โ†‘215%$16,066,007โ†‘252%$3,745,326โ†“16%
2015$4,490,360โ†‘154%$4,558,754โ†‘5%$4,447,464โ†“1%
2014$1,765,505โ†“78%$4,354,565โ†“2%$4,498,713โ†“23%
2013$7,967,968โ†‘144%$4,424,570โ†‘154%$5,812,643โ†‘72%
2012$3,259,423โ†“30%$1,742,432โ†“62%$3,388,285โ†‘90%
2011$4,633,832$4,626,985$1,779,118

Frequently Asked Questions

What does Grosfeld Foundation do?โ–ผ

Grosfeld Foundation is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Grosfeld Foundation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Grosfeld Foundation has a score of 42/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Grosfeld Foundation generate?โ–ผ

Revenue data for Grosfeld Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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Grosfeld Foundation โ€” Southfield, MI | GiveScope