Quick charity verification for Global Initiative For Asthma Inc (EIN: 203403805)
Verdict: Global Initiative For Asthma Inc appears trustworthy
80/100Mission Score
$577KRevenue
$228KAssets
2Red Flags
3Strengths
Red Flags
Consistent operating deficits in recent years (e.g., $188,683 in 2023, $20,308 in 2022)
Significant decrease in assets from $513,645 in 2021 to $307,387 in 2023, suggesting reliance on reserves.
Strengths
Consistently reports 0% officer compensation, indicating high efficiency and transparency.
Maintains zero liabilities in most reporting periods, demonstrating sound financial management.
Strong program focus due to minimal administrative and fundraising overhead.
Spending Breakdown
How Global Initiative For Asthma 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
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 Initiative For Asthma Inc
Is Global Initiative For Asthma Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Global Initiative For Asthma Inc (EIN: 203403805) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
Is Global Initiative For Asthma Inc a good charity to donate to?
Global Initiative For Asthma Inc has a Mission Score of 80/100. Revenue: $577K. Assets: $228K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Global Initiative For Asthma Inc?
The Employer Identification Number (EIN) for Global Initiative For Asthma Inc is 203403805. 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 Initiative For Asthma Inc spend its money?
Global Initiative For Asthma Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Global Initiative For Asthma Inc's tax-exempt status?
You can verify Global Initiative For Asthma Inc's tax-exempt status using EIN 203403805 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 Initiative For Asthma Inc (GINA) demonstrates a mixed financial picture. While the organization consistently reports zero liabilities and no officer compensation, indicating strong financial transparency and a commitment to minimizing administrative overhead, its financial stability has fluctuated. In 2023, GINA reported expenses of $695,892 against revenues of $507,209, resulting in a deficit of $188,683. This follows a similar deficit in 2022 ($499,608 expenses vs. $479,300 revenue). However, the organization had a surplus in 2021 ($606,538 revenue vs. $430,029 expenses), suggesting an inconsistent revenue stream relative to its spending. The organization's assets have also seen significant fluctuation, from a high of $513,645 in 2021 to $307,387 in 2023, indicating that it has drawn down reserves to cover operational shortfalls in recent years. The consistent reporting of 0% officer compensation is a significant positive for transparency and efficiency.