Quick charity verification for Global Kids Inc (EIN: 133629485)
Verdict: Global Kids Inc appears trustworthy
75/100Mission Score
$11.9MRevenue
$14.1MAssets
3Red Flags
3Strengths
Red Flags
Significant increase in liabilities in 2023 without clear explanation in summary data
Consistent 0% officer compensation reported, which is unusual for an organization of this size and revenue
Operating deficit in the latest fiscal year (2023) after several years of surpluses
Strengths
Consistent revenue growth over the past decade, from $4.4M in 2014 to $8.7M in 2023
Strong asset base of $13.2 million in 2023, providing financial stability
History of operating surpluses in multiple years (e.g., 2022, 2021, 2020, 2018, 2014)
Spending Breakdown
How Global Kids Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
12%
Admin Costs
Reasonable — admin costs in check
8%
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 Kids Inc
Is Global Kids Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Global Kids Inc (EIN: 133629485) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Global Kids Inc a good charity to donate to?
Global Kids Inc has a Mission Score of 75/100. Revenue: $11.9M. Assets: $14.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Global Kids Inc?
The Employer Identification Number (EIN) for Global Kids Inc is 133629485. 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 Kids Inc spend its money?
Global Kids Inc allocates 80% to programs, 12% to administration, and 8% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Global Kids Inc's tax-exempt status?
You can verify Global Kids Inc's tax-exempt status using EIN 133629485 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 Kids Inc. demonstrates a generally stable financial trajectory with consistent revenue growth over the past decade, increasing from $4.4 million in 2014 to $8.7 million in 2023. While the organization experienced a deficit in 2023, with expenses exceeding revenue by approximately $629,874, this follows several years of operating surpluses, such as in 2022 where revenue exceeded expenses by over $1.2 million. A notable aspect is the significant increase in assets and liabilities in the 2023 filing, with assets jumping from $4.9 million in 2022 to $13.2 million and liabilities from $1.2 million to $10.1 million. This substantial shift warrants further investigation to understand the nature of these new assets and the corresponding debt.
The organization's spending efficiency appears to prioritize program delivery, as indicated by the estimated spending breakdown. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that executive compensation is not reported in this section of the 990, which would require deeper scrutiny. The overall financial health, despite the 2023 deficit, seems robust given the substantial asset base and historical revenue growth, but the recent increase in liabilities is a key area for potential concern and further analysis.