Granite Gives Back Inc
Nonprofit profile at a glance
- EIN
- 815148728
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990 2019, Form 990-EZ 2024
- Location
- Quincy, MA, USA
- Phone
- 6178374332
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Corporate Foundations
Reported finances
- Revenue
- $52,133
- Expenses
- $84,325
- Assets
- $134,299
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- ROBERT T HALE JR (CHAIRMAN)
- ROBERT M SCHLAKMAN (TREASURER)
- MICHAEL B GALVIN ESQ (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission statement is to positively impact the communities in which we work and live.providing assistance and volunteering the time and effort of our teammates, family and friends.
What it reported doing in 2024
Providing assistance and volunteering the time and effort of our teammates, family and friends to impact the local community.the organization received donated services totaling $19,156 for theyear (not included in the total expenses).
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 100
- Sustainability: 37
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 75.2%; rating input score 75
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -61.7%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 1.59; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -9% per year; rating input score 0; 29th percentile among comparable filings
- Revenue growth: -19.5% per year; rating input score 0; 15th percentile among comparable filings
- Asset growth: 3% per year; rating input score 100; 50th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 75.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $63K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 4 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 11/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.