T โ€” Philanthropy, Voluntarism & GrantmakingEIN: 934273061ยท Ruling Year: 2023

Granite Family Foundation Inc

Midland, Texas

DHealth Score
30D

Financial Health Score

Provisional

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Poor

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

๐Ÿ’ฐ
$2.0M
Total Revenue
๐Ÿ“Š
$0
Total Expenses
๐Ÿฆ
$2.0M
Net Assets
๐Ÿ“‹
$1
Total Liabilities

Financial Health Indicators

Net Margin
+100.0%
Revenue minus expenses as % of revenue
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

1 filings on record
YearRevenueExpensesAssets
2023$1,996,106$0$1,996,106

Frequently Asked Questions

What does Granite Family Foundation Inc do?โ–ผ

Granite Family Foundation Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in Texas. It is classified under NTEE code T22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Granite Family Foundation Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Granite Family Foundation Inc has a score of 30/100 (Grade: D). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Granite Family Foundation Inc generate?โ–ผ

Revenue data for Granite Family Foundation Inc is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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Granite Family Foundation Inc โ€” Midland, TX | GiveScope