Consistent and strong revenue growth, from $1,695,495 in 2020 to $3,396,780 in 2023.
Zero reported officer compensation across all filings, indicating high efficiency and dedication of resources to programs.
Healthy accumulation of assets, increasing from $2,831,183 in 2020 to $4,829,035 in 2023, demonstrating financial stability.
Low liabilities relative to assets, indicating a strong balance sheet and minimal financial risk.
Consistent surplus of revenue over expenses in recent years, allowing for reinvestment in mission-related activities.
Spending Breakdown
How Gadabout Transportation Services Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Gadabout Transportation Services Inc
Is Gadabout Transportation Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gadabout Transportation Services Inc (EIN: 161158497) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Gadabout Transportation Services Inc a good charity to donate to?
Gadabout Transportation Services Inc has a Mission Score of 95/100. Revenue: $4.7M. Assets: $6.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gadabout Transportation Services Inc?
The Employer Identification Number (EIN) for Gadabout Transportation Services Inc is 161158497. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Gadabout Transportation Services Inc spend its money?
Gadabout Transportation Services Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gadabout Transportation Services Inc's tax-exempt status?
You can verify Gadabout Transportation Services Inc's tax-exempt status using EIN 161158497 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Gadabout Transportation Services Inc. demonstrates strong financial health and efficient spending, particularly in recent years. The organization has shown consistent revenue growth, with a significant jump from $2,243,764 in 2022 to $3,396,780 in 2023, and current revenue reported at $4,697,507. This growth has been accompanied by a healthy accumulation of assets, increasing from $3,565,535 in 2022 to $4,829,035 in 2023, indicating sound financial management and capacity building. The organization's liabilities remain very low relative to its assets, suggesting a stable financial position. A key indicator of efficiency is the absence of reported officer compensation across all available filings, which points to a highly volunteer-driven or very lean administrative structure, maximizing resources for its mission. The consistent surplus of revenue over expenses in recent periods further solidifies its financial stability and ability to invest in future programs.