Grandview Care Foundation Inc
Only 0% goes to programs Strong reserves Declining revenue
Grandview Care Foundation Inc is a 501(c)(3) organization based in Louisville, Kentucky, registered in 2021, with -$1,149,399 in FY2024 revenue. CharityIndex grades it C, and it directs about 0% of spending to programs.
1515 Ormsby Station Ct Ste B, Louisville, KY, 40223 EIN 84-4091538 Since 2021
Revenue (FY2024)
-$1.1M
▼ 882.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$644K
Net assets
$72.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
CProgram efficiency40% of the rating0% to programs
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. For Grandview Care Foundation Inc: 0% to programs earns a C on this criterion. See the exact thresholds →
FFinancial health25% of the rating1348 mo reserves · -156% margin
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 Grandview Care Foundation Inc: 1348 mo reserves · -156% margin earns a F on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
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. For Grandview Care Foundation Inc: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
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 Grandview Care Foundation Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The foundation is organized to operate as a supporting organization, exclusively for the benefit of, to perform the functions of, or to carry out the purposes of grandview care, inc.
Contact & location
- Address
- 1515 Ormsby Station Ct Ste B, Louisville, KY, 40223
- City
- Louisville
- State
- Kentucky
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $71.6M (FY2020) to -$1.1M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $72.4M
Operating margin
-156.1%
Spent more than it raised in the latest fiscal year.
Total assets
$72.4M
Total liabilities
$0
Net assets
$72.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | -$1,149,399▼883% | $644,450▼32.6% | $72,413,099▲0.8% | $72,413,099▲0.8% | 990PF |
| 2023 | $146,860▲116% | $955,966▼68.8% | $71,816,166▼4.4% | $71,816,166▼4.4% | 990 |
| 2022 | -$929,264▼110595% | $3,064,898▲199698% | $75,098,113▼5.4% | $75,098,113▼5.4% | 990 |
| 2021 | $841▼100.0% | $1,534 | $79,387,217▲10.9% | $79,387,217▲10.9% | 990 |
| 2020 | $71,560,149 | $0 | $71,560,149 | $71,560,149 | 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.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Guy N Ramsey II | Director/vp/secretary | 5 | — |
| Neil P Ramsey | President/treasurer | 5 | — |
| Steve Glassman | Director | 5 | — |
| William Gernert | Director | 5 | — |
Grants received · $71.6M total
1 grant to Grandview Care Foundation Inc totaling $71.6M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Grandview Care Inc | To further the mission of grandview care foundation, inc. | 2020 | $71,560,149 |
Grants made · $2.1M in FY2022
1 grant totaling $2.1M in FY2022. All grants made by Grandview Care Foundation Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Grandview Care Inc | General support | $2,105,000 |
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Frequently asked questions
- Is Grandview Care Foundation Inc a legitimate nonprofit?
- Yes. Grandview Care Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 84-4091538, based in Louisville, Kentucky. Donations are tax-deductible.
- What is Grandview Care Foundation Inc's EIN?
- Grandview Care Foundation Inc's Employer Identification Number (EIN) is 84-4091538.
- How much revenue does Grandview Care Foundation Inc report?
- Grandview Care Foundation Inc reported -$1,149,399 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Grandview Care Foundation Inc's spending goes to programs?
- Grandview Care Foundation Inc spends about 0% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Grandview Care Foundation Inc have?
- CharityIndex grades Grandview Care Foundation Inc C, based on program efficiency and fundraising cost.
- How much does Grandview Care Foundation Inc's highest-paid employee make?
- The highest reported compensation on Grandview Care Foundation Inc's latest Form 990 is $0, paid to Guy N Ramsey II (Director/vp/secretary).
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Data for Grandview Care Foundation Inc (EIN 84-4091538) 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.