Grit Art & Tech Association is a 501(c)(3) organization based in Sunnyvale, California, registered in 2017, with $14,110 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$14K
▲ 2.0% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$12K
Net assets
$29K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Grit Art & Tech Association— 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 Grit Art & Tech Association: 30 mo reserves · +17% margin earns a A 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 Grit Art & Tech Association— 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 Grit Art & Tech Association: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $8,800 (FY2017) to $14K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
17.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$30K
Total liabilities
$728
Net assets
$29K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $14,110▲2.0% | $11,708▲1.0% | $29,075▲9.0% | $29,803▲8.1% | 990EZ |
| 2023 | $13,836▼18.2% | $11,589▼9.0% | $26,673▲9.2% | $27,573▲7.9% | 990EZ |
| 2022 | $16,915▲2.1% | $12,729▲16.4% | $24,426▲20.7% | $25,561▲26.3% | 990EZ |
| 2021 | $16,568▼0.7% | $10,932▼9.1% | $20,240▲38.6% | $20,240▲26.9% | 990EZ |
| 2020 | $16,680▲11.7% | $12,024▼4.9% | $14,604▲46.8% | $15,950▲39.6% | 990EZ |
| 2019 | $14,935▲49.6% | $12,638▲67.7% | $9,948▲30.0% | $11,424▲38.6% | 990EZ |
| 2018 | $9,981▲13.4% | $7,538▲110% | $7,651▲46.9% | $8,244▲48.0% | 990EZ |
| 2017 | $8,800 | $3,592 | $5,208 | $5,570 | 990EZ |
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 Grit Art & Tech Association totaling $17K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2021 | $5,531 |
| American Online Giving Foundation Inc | General support | 2020 | $5,681 |
| American Online Giving Foundation Inc | General support | 2020 | $5,681 |
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Data for Grit Art & Tech Association (EIN 81-5151048) 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.