Quick charity verification for Go Near Ministry (EIN: 205510587)
Verdict: Go Near Ministry appears trustworthy
90/100Mission Score
$316KRevenue
$411KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth (e.g., $62,498 in 2020 to $202,433 in 2023).
Strong asset accumulation (e.g., $60,828 in 2020 to $223,683 in 2023).
0% reported officer compensation across all filings.
Low liabilities, indicating financial stability.
Expenses consistently lower than revenue in recent years, allowing for asset growth.
Spending Breakdown
How Go Near Ministry 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 Go Near Ministry
Is Go Near Ministry a legitimate charity?
Based on AI analysis of IRS 990 filings, Go Near Ministry (EIN: 205510587) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Go Near Ministry a good charity to donate to?
Go Near Ministry has a Mission Score of 90/100. Revenue: $316K. Assets: $411K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Go Near Ministry?
The Employer Identification Number (EIN) for Go Near Ministry is 205510587. 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 Go Near Ministry spend its money?
Go Near Ministry allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Go Near Ministry's tax-exempt status?
You can verify Go Near Ministry's tax-exempt status using EIN 205510587 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
Go Near Ministry demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past four years, from $62,498 in 2020 to $202,433 in 2023. The organization maintains a positive net asset position, with assets growing significantly from $60,828 in 2020 to $223,683 in 2023, indicating sound financial management and accumulation of resources. Their liabilities have remained very low or zero for most of the recent periods, suggesting a low-risk financial structure. The organization's spending efficiency appears strong, as expenses have consistently been less than revenue in recent years, allowing for asset growth.
The organization's transparency is commendable, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for donor confidence. The NTEE code Q33 (Christian, Evangelical, Protestant) aligns with their mission, and the consistent filing history further supports their commitment to transparency and compliance. Overall, Go Near Ministry appears to be a financially stable and well-managed nonprofit.