Grandview Care Inc
Only 54% goes to programs Strong reserves
Grandview Care Inc is a 501(c)(3) organization based in Louisville, Kentucky, registered in 2000, with $338,931 in FY2024 revenue. CharityIndex grades it C+, and it directs about 54% of spending to programs.
1515 Ormsby Station Ct Ste B, Louisville, KY, 40223 EIN 35-2106817 Since 2000
Revenue (FY2024)
$339K
▼ 58.8% vs prior year
Human Services median: $293K
Expenses (FY2024)
$426K
Net assets
$12.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program efficiency40% of the rating54% 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 Inc: 54% to programs earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating359 mo reserves · -26% 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 Inc: 359 mo reserves · -26% margin earns a D 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 Inc: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To care for and support people, families and organizations who are providing life enriching programs and support services for all ages, from beginning of life care to healthcare support at the end of life. the corporation also supports and provides funding to christian education throughout the world. the corporation supports and seeks to equip the people/organizations/programs that bring purpose, enrichment, and meaning to life and meaningful civic causes.
What they do
The organization provides affordable independent housing to elderly, handicapped, disabled, low-income and needy persons, households and families.
Contact & location
- Address
- 1515 Ormsby Station Ct Ste B, Louisville, KY, 40223
- City
- Louisville
- State
- Kentucky
- Category
- Human Services
- Subcategory
- Personal Social Services
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $12.5M (FY2015) to $339K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $39KNet assets $12.7M
Operating margin
-25.6%
Spent more than it raised in the latest fiscal year.
Total assets
$12.8M
Total liabilities
$39K
Net assets
$12.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $338,931▼58.8% | $425,569▼2.2% | $12,744,493▼0.7% | $12,783,842▼0.6% | 990PF |
| 2023 | $823,123▼66.1% | $435,139▼14.8% | $12,831,131▲3.1% | $12,865,848▲3.0% | 990 |
| 2022 | $2,430,792▲634% | $510,985▼34.6% | $12,443,147▲18.2% | $12,487,384▲18.2% | 990 |
| 2021 | $330,971▼96.0% | $781,578▼98.9% | $10,523,340▼4.1% | $10,566,951▼4.4% | 990 |
| 2020 | $8,287,655▲117% | $72,054,642▲5254% | $10,973,947▼85.4% | $11,056,929▼85.3% | 990 |
| 2019 | $3,827,912▼95.0% | $1,345,893▼93.8% | $75,001,648▲2.9% | $75,071,728▲2.1% | 990 |
| 2018 | $77,099,412▲235% | $21,877,460▼14.5% | $72,891,412▲313% | $73,507,525▼10.8% | 990 |
| 2017 | $22,984,422▲32.1% | $25,576,268▲34.8% | $17,669,460▼9.9% | $82,441,686▲6.0% | 990 |
| 2016 | $17,399,350▲39.2% | $18,975,373▲37.3% | $19,618,556▼5.4% | $77,779,173▲23.8% | 990 |
| 2015 | $12,496,158 | $13,816,356 | $20,735,098 | $62,821,222 | 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)
Highest-paid: Guy N Ramsey II — $144,083 (33.86% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Guy N Ramsey II | Vice President/secretary | 40 | $144,083 |
| Neil P Ramsey | Director/president/treas | 5 | — |
| Steve Glassman | Director | 5 | — |
| William Gernert | Director | 5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Cleland Site Prep | Construction Expenses | $165,836 |
| Cleland Site Prep | Construction Expenses | $165,836 |
Grants received · $2.1M total
1 grant to Grandview Care Inc totaling $2.1M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Grandview Care Foundation Inc | General support | 2022 | $2,105,000 |
Grants made · $71.6M in FY2020
1 grant totaling $71.6M in FY2020. All grants made by Grandview Care Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Grandview Care Foundation Inc | To further the mission of grandview care foundation, inc. | $71,560,149 |
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Compare Grandview Care Inc
Frequently asked questions
- Is Grandview Care Inc a legitimate nonprofit?
- Yes. Grandview Care Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-2106817, based in Louisville, Kentucky. Donations are tax-deductible.
- What is Grandview Care Inc's EIN?
- Grandview Care Inc's Employer Identification Number (EIN) is 35-2106817.
- How much revenue does Grandview Care Inc report?
- Grandview Care Inc reported $338,931 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Grandview Care Inc's spending goes to programs?
- Grandview Care Inc spends about 54% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Grandview Care Inc have?
- CharityIndex grades Grandview Care Inc C+, based on program efficiency and fundraising cost.
- How much does Grandview Care Inc's highest-paid employee make?
- The highest reported compensation on Grandview Care Inc's latest Form 990 is $144,083, paid to Guy N Ramsey II (Vice President/secretary).
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Explore more
Data for Grandview Care Inc (EIN 35-2106817) 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.