EIN 81-1033237

Grand Innovation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2016
Most recent tax filings
2019-12-01
Description
Grand Innovation serves as a full service planning and management entity, catering to small and medium-sized businesses, entrepreneurs, and organizations with a focus on underserved minority and women owned companies. It aims to help them establish, develop and grow their businesses by offering classrooms and curriculum for up-start entrepreneurs who are trained in business, marketing, and income tax planning to prepare for receiving business funding.
Total revenues
$340,517
2019
Total expenses
$307,237
2019
Total assets
$52,102
2019
Num. employees
0
2019

Program areas at Grand Innovation

Classrooms and curriculum where up-start Entrepreneurs are trained in business,marketing and income tax planning in preparation of receiving business funding to grow their businesses.

Who funds Grand Innovation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
AmazonSmile FoundationGeneral Support$12

Personnel at Grand Innovation

NameTitleCompensation
Nicole S FarmerExecutive Director$61,180

Financials for Grand Innovation

RevenuesFYE 12/2019
Total grants, contributions, etc.$265,000
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$25,000
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$50,517
Total revenues$340,517

Form 990s for Grand Innovation

Fiscal year endingDate received by IRSFormPDF link
2019-122021-04-02990View PDF
2018-122020-09-03990View PDF
2017-122019-03-15990View PDF

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Data update history
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2019
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2018
June 17, 2021
Used new vendors
Identified 1 new vendor, including
October 26, 2020
Updated personnel
Identified 6 new personnel
September 30, 2020
Posted financials
Added Form 990 for fiscal year 2017
Nonprofit Types
Business and community development organizationsFamily service centers
Issues
Economic developmentBusiness and industry
Characteristics
Receives government fundingNo full-time employees
General information
Address
2470 Collingwood Room 211
Detroit, MI 48206
Metro area
Detroit-Warren-Dearborn, MI
County
Wayne County, MI
Website URL
grandinnovation.org/ 
Phone
(313) 887-0293
IRS details
EIN
81-1033237
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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