Is Gi Go Fund Inc Legit?

Quick charity verification for Gi Go Fund Inc (EIN: 204990937)

Verdict: Gi Go Fund Inc appears trustworthy

70/100Mission Score

$732KRevenue

$223KAssets

3Red Flags

3Strengths

Red Flags

Frequent deficit spending, with expenses exceeding revenue in multiple recent years (e.g., 202302, 202202, 202102).
Liabilities exceeding assets in the most recent filing period (202302: Liabilities $614,161 vs. Assets $560,070).
Significant fluctuations in liabilities, indicating potential financial management challenges.

Strengths

Consistent reporting of 0% officer compensation, indicating a strong commitment to minimizing executive overhead.
Long operational history with 13 IRS 990 filings, suggesting established presence.
Maintains a substantial revenue base, often exceeding $1 million annually, demonstrating capacity for fundraising.

Spending Breakdown

How Gi Go Fund Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Gi Go Fund Inc

Is Gi Go Fund Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Gi Go Fund Inc (EIN: 204990937) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Gi Go Fund Inc a good charity to donate to?

Gi Go Fund Inc has a Mission Score of 70/100. Revenue: $732K. Assets: $223K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Gi Go Fund Inc?

The Employer Identification Number (EIN) for Gi Go Fund Inc is 204990937. 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 Gi Go Fund Inc spend its money?

Gi Go Fund Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Gi Go Fund Inc's tax-exempt status?

You can verify Gi Go Fund Inc's tax-exempt status using EIN 204990937 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

Gi Go Fund Inc. demonstrates consistent operational activity with annual revenues generally exceeding $800,000, though it has experienced periods of deficit spending. For instance, in the 202302 period, expenses of $1,201,810 exceeded revenues of $1,082,285, resulting in a net loss. This trend of expenses often outpacing revenue is visible in multiple years, such as 202202 ($1,221,468 expenses vs. $912,945 revenue) and 202102 ($901,075 expenses vs. $809,681 revenue). While the organization maintains a positive asset base, liabilities have fluctuated significantly, reaching $614,161 in 202302, which is a concern given the assets of $560,070 for the same period. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing administrative overhead in this area and contributes positively to transparency regarding executive pay.

The organization's financial health appears to be in a state of flux, with a pattern of spending more than it takes in during recent years. This could indicate reliance on prior year reserves or other funding sources not immediately apparent from the revenue figures alone. The latest revenue of $732,131 is lower than its average historical performance, which, if combined with continued high expenses, could further strain its financial position. The NTEE code W193 (Veterans' Organizations) suggests a clear program focus, but without a detailed breakdown of expenses into program, administrative, and fundraising categories from the provided data, it's challenging to fully assess spending efficiency beyond the executive compensation aspect. The lack of reported officer compensation is a strong positive indicator of fiscal responsibility in that specific area.

View Full Transparency Report →

Disclaimer

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