Quick charity verification for Globalhouse Inc (EIN: 204492691)
Verdict: Globalhouse Inc shows mixed signals
40/100Mission Score
$0Revenue
$0Assets
2Red Flags
2Strengths
Red Flags
Latest reported revenue and assets are $0, contrasting sharply with 2014 figures, suggesting potential inactivity or dissolution.
Extremely low program spending ($0) relative to revenue ($137,000) and asset accumulation ($135,953) in 2014, indicating a lack of direct charitable activity during that period.
Strengths
Strong initial asset accumulation ($135,953) relative to revenue ($137,000) in 2014, indicating good financial management in terms of retaining funds.
No officer compensation reported in 2014, suggesting efficient use of funds by not allocating to executive salaries.
Spending Breakdown
How Globalhouse Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
100%
Admin Costs
High — over 25% on administration
0%
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 Globalhouse Inc
Is Globalhouse Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Globalhouse Inc (EIN: 204492691) shows mixed signals. Mission Score: 40/100. 2 red flags identified, 2 strengths noted.
Is Globalhouse Inc a good charity to donate to?
Globalhouse Inc has a Mission Score of 40/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Globalhouse Inc?
The Employer Identification Number (EIN) for Globalhouse Inc is 204492691. 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 Globalhouse Inc spend its money?
Globalhouse Inc allocates 0% to programs, 100% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Globalhouse Inc's tax-exempt status?
You can verify Globalhouse Inc's tax-exempt status using EIN 204492691 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
Globalhouse Inc. appears to be a very small, newly established organization based on its single IRS 990 filing from 2014. In that period, it reported $137,000 in revenue and minimal expenses of $1,047, resulting in a significant accumulation of assets totaling $135,953 with no reported liabilities. This suggests a strong initial financial position, primarily focused on asset building rather than immediate program expenditure. The organization's latest revenue and asset figures of $0 indicate either a significant change in operations, a period of dormancy, or that more recent filings are not yet available or were not required due to low activity. Without more recent data, it's difficult to assess current financial health or spending efficiency.