Quick charity verification for Global Gospel Action Inc (EIN: 202797093)
Verdict: Global Gospel Action Inc appears trustworthy
85/100Mission Score
$2.6MRevenue
$2.1MAssets
2Red Flags
4Strengths
Red Flags
Operating deficit in the most recent fiscal year (2023), where expenses ($1,201,111) exceeded revenue ($1,144,512).
Unusually consistent 0% officer compensation for an organization of this size, which might indicate alternative compensation structures or a reliance on unpaid leadership that could pose sustainability risks.
Strengths
Consistent reporting of 0% officer compensation, indicating a high proportion of funds likely directed to program services.
Significant growth in assets from $105,392 in 2014 to over $1 million in recent years, demonstrating strong financial management and reserve building.
Consistent filing of IRS Form 990s over 13 periods, indicating strong transparency and regulatory compliance.
Minimal to no reported liabilities in most years, including the latest 2023 filing, suggesting a low-debt financial profile.
Spending Breakdown
How Global Gospel Action Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Gospel Action Inc
Is Global Gospel Action Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Global Gospel Action Inc (EIN: 202797093) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Global Gospel Action Inc a good charity to donate to?
Global Gospel Action Inc has a Mission Score of 85/100. Revenue: $2.6M. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Global Gospel Action Inc?
The Employer Identification Number (EIN) for Global Gospel Action Inc is 202797093. 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 Gospel Action Inc spend its money?
Global Gospel Action Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Global Gospel Action Inc's tax-exempt status?
You can verify Global Gospel Action Inc's tax-exempt status using EIN 202797093 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 Gospel Action Inc demonstrates a mixed financial picture. While the organization has shown significant growth in revenue and assets over the past decade, with revenue peaking at $1,294,238 in 2022 and assets reaching $1,082,400 in the same year, the most recent filing (2023) shows a decline in revenue to $1,144,512 and an operating deficit where expenses ($1,201,111) exceeded revenue. This recent deficit, following a surplus in 2022, warrants attention. The organization consistently reports 0% officer compensation, which is a positive indicator of resource allocation directly to mission-related activities and strong transparency regarding executive pay.
Spending efficiency appears to be strong, with no reported officer compensation across all filings, suggesting that a high proportion of funds are directed towards program services rather than administrative overhead or executive salaries. The organization's assets have grown substantially from $105,392 in 2014 to over $1 million in recent years, indicating good financial management in building reserves. However, the recent dip in revenue and the operating deficit in 2023 could signal potential challenges in maintaining financial stability if not addressed.
Transparency is high regarding executive compensation, as consistently reported at 0%. The consistent filing of IRS Form 990s over 13 periods also indicates a commitment to regulatory compliance and public disclosure. The absence of reported liabilities in most years, including the latest 2023 filing, further suggests sound financial management and a low-risk profile in terms of debt.