Grand Action Foundation 2 0 is a 501(c)(3) organization based in Grand Rapids, Michigan, registered in 1994, with $49,208,375 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$49.2M
▲ 108.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$71.5M
Net assets
$2.9M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Grand Action Foundation 2 0— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Grand Action Foundation 2 0: 0 mo reserves · -45% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Grand Action Foundation 2 0— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Grand Action Foundation 2 0: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.4M (FY2020) to $49.2M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-45.2%
Spent more than it raised in the latest fiscal year.
Total assets
$88.5M
Total liabilities
$85.6M
Net assets
$2.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $49,208,375▲109% | $71,460,181▲433% | $2,851,335▲39.4% | $88,460,680▲99.9% | 990 |
| 2023 | $23,573,841▲674% | $13,403,834▲387% | $2,045,104▲212% | $44,255,004▲107% | 990 |
| 2022 | $3,045,526▲2318% | $2,749,655▲517% | $655,701▼20.4% | $21,400,941▲2485% | 990 |
| 2021 | $125,941▼91.0% | $445,621▼23.3% | $823,422▼28.0% | $828,035▼28.7% | 990 |
| 2020 | $1,400,718 | $580,947 | $1,143,102 | $1,161,602 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
3 grants to Grand Action Foundation 2 0 totaling $177K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $40,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $112,500 |
| Charities Aid Foundation America | Charitable donation | 2021 | $24,750 |
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Data for Grand Action Foundation 2 0 (EIN 38-3147133) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.