Is Global Developers Network Inc Legit?

Quick charity verification for Global Developers Network Inc (EIN: 20811643)

Verdict: Global Developers Network Inc appears trustworthy

70/100Mission Score
$811KRevenue
$334KAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Global Developers Network Inc allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Global Developers Network Inc

Is Global Developers Network Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Global Developers Network Inc (EIN: 20811643) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Global Developers Network Inc a good charity to donate to?

Global Developers Network Inc has a Mission Score of 70/100. Revenue: $811K. Assets: $334K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Global Developers Network Inc?

The Employer Identification Number (EIN) for Global Developers Network Inc is 20811643. 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 Global Developers Network Inc spend its money?

Global Developers Network Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Global Developers Network Inc's tax-exempt status?

You can verify Global Developers Network Inc's tax-exempt status using EIN 20811643 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

Global Developers Network Inc. demonstrates a consistent operational history with 13 filings, indicating a stable presence. However, recent trends show a decline in revenue from a peak of $1,221,417 in 2020 to $816,906 in 2023, accompanied by expenses exceeding revenue in the last two periods ($854,458 expenses vs. $816,906 revenue in 2023, and $1,109,946 expenses vs. $957,557 revenue in 2022). This suggests a potential strain on financial health, leading to a decrease in assets from $565,833 in 2020 to $337,326 in 2023. The organization's transparency is bolstered by its consistent filing history and the reported 0% officer compensation across all available periods, which is a strong indicator of a volunteer-led or very lean executive structure. While specific program spending ratios are not provided in the raw data, the absence of officer compensation suggests that a higher proportion of funds could be directed towards its mission. The decline in assets and consistent operating deficits in recent years warrant closer examination of their spending efficiency and sustainability. Overall, Global Developers Network Inc. appears transparent in its reporting, particularly regarding executive compensation. However, the recent financial performance, characterized by declining revenue and operating deficits, raises questions about its long-term financial stability and ability to sustain its programs without drawing down assets further. Donors might want to investigate the reasons behind the revenue decline and how the organization plans to address its operating deficits.

View Full Transparency Report →

Disclaimer

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

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