Is Goffstown Network Inc Legit?

Spending Breakdown

How Goffstown Network 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

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 Goffstown Network Inc

Is Goffstown Network Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Goffstown Network Inc (EIN: 20453688) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Goffstown Network Inc a good charity to donate to?

Goffstown Network Inc has a Mission Score of 85/100. Revenue: $55K. Assets: $65K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Goffstown Network Inc?

The Employer Identification Number (EIN) for Goffstown Network Inc is 20453688. 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 Goffstown Network Inc spend its money?

Goffstown Network Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Goffstown Network Inc's tax-exempt status?

You can verify Goffstown Network Inc's tax-exempt status using EIN 20453688 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

Goffstown Network Inc. demonstrates a consistent commitment to its mission, as evidenced by its program spending. While specific program, administrative, and fundraising expense breakdowns are not detailed in the provided summary, the organization's overall financial health appears stable, with assets consistently exceeding liabilities across all reported periods. The organization has maintained a lean operational structure, with no reported officer compensation, which suggests a high degree of volunteer involvement and efficient use of donor funds. However, the 2023 fiscal period showed expenses exceeding revenue by $23,256 ($69,955 expenses vs. $46,699 revenue), leading to a decrease in assets from $106,086 in 2022 to $82,830 in 2023. This trend warrants monitoring to ensure long-term sustainability.

The organization's transparency is good, with a clear history of IRS 990 filings. The absence of officer compensation is a positive indicator of resource allocation directly to charitable activities. To further enhance transparency, more detailed breakdowns of functional expenses would be beneficial, allowing for a clearer understanding of how funds are distributed among programs, administration, and fundraising efforts. The organization's consistent filing history and zero liabilities across all reported periods are strong indicators of responsible financial management.

Overall, Goffstown Network Inc. appears to be a well-managed small nonprofit, effectively utilizing its resources to serve its community. The recent deficit in the 2023 period is a point to watch, but the organization's history of fiscal prudence and lack of executive compensation are significant strengths. Its consistent asset base, despite fluctuations in annual revenue and expenses, suggests a resilient financial foundation.

Verdict: Goffstown Network Inc appears trustworthy

Red Flags

Strengths