Is Ga Resource Capital Inc Legit?

Quick charity verification for Ga Resource Capital Inc (EIN: 200602660)

Verdict: Ga Resource Capital Inc has notable concerns

10/100Mission Score
$0Revenue
$0Assets
3Red Flags
1Strengths

Red Flags

Strengths

AI Transparency Report

Ga Resource Capital Inc appears to be a financially distressed organization based on its latest filing showing $0 in both revenue and assets. This indicates a significant operational halt or winding down. In previous years, the organization consistently operated with a deficit, as seen in 201509 where expenses ($1,187,069) exceeded revenue ($989,977), and in 201409 where expenses ($1,359,899) also outstripped revenue ($1,231,519). The consistent negative net income over several years, coupled with a high liabilities-to-assets ratio (e.g., 201409: assets $123,206, liabilities $1,659,388), suggests long-term financial instability. The lack of officer compensation reported across all filings, while potentially positive for donor perception, could also indicate a volunteer-run organization or one that has ceased operations, especially given the current $0 revenue and assets.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages