Public Charity

GRAND INNOVATION INC

GRAND INNOVATION INC is a nonprofit organization categorized as Public Charity based in DETROIT, MI. Its most recent IRS filing (2019) reports revenue of $341K, expenses of $307K, total assets of $52K. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $1.4M.

EIN: 811033237 DETROIT, MI General Support NTEE: DEFAULT Latest filing: 2019
Total Revenue$341K
Total Expenses$307K
Total Assets$52K
Grant Records3
Funding Total$1.4M
Filing Years2017–2019

Mission

Grand Innovations purpose is to be a full service planning and management entity serving small and midium-sized businesses, entrepreneurs and organizations with emphasis on underserved minority and women owned companies helping them to establish, develop and grow their businesses

Sample Grants Received

2019
To build capacity to do more micro loans add staff
$330,000
2018
To build capacity to do more micro loans add staff
$622,500
2017
To build capacity to do more micro loans add staff
$432,500

Showing up to 5 of 3 total records — full history available with membership.

Officers & Directors

BOARD OF DIRECTOR Erin Brockman
BOARD OF DIRECTOR Gail Perry Mason
BOARD OF DIRECTOR Marsha Lemiux
EXECUTIVE DIRECTOR Nicole Farmer
BOARD OF DIRECTOR Patrice Fields
BOARD OF DIRECTOR Robert Pyles

Officer compensation and complete director data available with membership.

Top Grant Purposes

To build capacity to do more micro loans add staff
$1,385,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2019 $341K $307K $52K
2018 $673K $708K $19K
2017 $417K $363K $54K

Between 2017 and 2019, reported annual revenue declined from $417K to $341K (-18%), with total assets most recently reported at $52K.

Interactive year-over-year charts and full filing details available with membership.

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