Grand Central District Association
Public records show a registered, tax-exempt organization in good standing.
What it says it does
SERVING GRAND CENTRAL DISTRICT OF ST PETE BY SPONSORING EVENTS IN THE DISTRICT TO DRAW OUTSIDE FOOT TRAFFIC AND HOLDING BUSINESS WORKSHOPS FOR DISTRICT MEMBERS.
- Income
- $428,293
- Spending
- $470,808
- Spent on programs
- 94%
- Reserves
- 3.1 months of spending
- Largest source of income
- donations and private grants, 65%
- Employees
- 2
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 70 out of 100. Higher than 42% of charities in its peer group (community improvement, $250k to $1m).
Reserves
20 of 35Spendable reserves would cover 3.1 months of spending.
Debt
16 of 20It owes 29% of what it owns.
Living within its means
4 of 15Spending exceeded income by 10% of income.
Income trend
15 of 15Income rose 87% on the year before.
Spending floor
15 of 1594% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 75 out of 100. Higher than 47% of charities in its peer group (community improvement, $250k to $1m).
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $442,916 spent. THE GRAND CENTRAL DISTRICT ASSOCIATION CONTINUED ITS MISSION TO PROMOTE ECONOMIC VITALITY, COMMUNITY ENGAGEMENT, AND CULTURAL ENRICHMENT WITHIN ST. PETERSBURGS GRAND CENTRAL DISTRICT BY ORGANIZING EVENTS AND INITIATIVES. PRIDE STREET FESTIVAL IN JUNE 2025, CELEBRATING LGBTQ COMMUNITYS RICH HISTORY AND CONTRIBUTIONS FEATURING LOCAL VENDORS, LIVE ENTERTAINMENT, AND ATTRACTED ATTENDEES FROM ACROSS THE REGION. HALLOWEEN ON CENTRAL, A FESTIVAL IN OCTOBER 2025. CHRISTMAS MARKET EVENT ON DECEMBER 6, 2025 FEATURING OVER 50 UNIQUE VENDORS, FOOD TRUCKS, HOLIDAY MUSIC, AND FESTIVE ACTIVITIES. ATTENDEES HAD THE OPPORTUNITY TO PURCHASE HANDCRAFTED GIFTS AND ENJOY SEASONAL TREATS, ENHANCING THE DISTRICTS HOLIDAY SPIRIT. THROUGH THESE EVENTS THE GCDA DEMONSTRATED ITS COMMITMENT TO FOSTERRING A VIBRANT, INCLUSIVE, AND ECONOMICALLY THRIVING COMMUNITY IN 2025.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2001.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.