Is Golden Bridge Legit?

Spending Breakdown

How Golden Bridge allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Golden Bridge

Is Golden Bridge a legitimate charity?

Based on AI analysis of IRS 990 filings, Golden Bridge (EIN: 202819468) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.

Is Golden Bridge a good charity to donate to?

Golden Bridge has a Mission Score of 65/100. Revenue: $398K. Assets: $31K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Golden Bridge?

The Employer Identification Number (EIN) for Golden Bridge is 202819468. 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 Golden Bridge spend its money?

Golden Bridge allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Golden Bridge's tax-exempt status?

You can verify Golden Bridge's tax-exempt status using EIN 202819468 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

Golden Bridge demonstrates inconsistent financial performance over the past several years. While the organization reported revenue of $622,646 in 2023, its expenses exceeded this at $707,372, leading to a deficit. This trend of expenses often surpassing revenue is visible in multiple periods, such as 2021 ($512,740 expenses vs. $455,231 revenue) and 2020 ($704,293 expenses vs. $593,591 revenue). This indicates potential challenges in maintaining financial stability and operational sustainability without consistent surpluses.

The organization's asset base is relatively modest, with $22,871 in assets in 2023, and has fluctuated significantly, from a high of $154,948 in 2019 to a low of $16,562 in 2021. The liabilities have also varied, reaching $31,233 in 2021, sometimes exceeding assets, which could pose liquidity concerns. The consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing administrative overhead in this specific area, which is a positive indicator for donor confidence regarding executive pay.

However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The fluctuating financial health, characterized by periods of significant deficits and variable asset levels, suggests that while executive compensation is not a concern, the overall financial management requires careful monitoring to ensure long-term viability and effective use of donor funds.

Verdict: Golden Bridge shows mixed signals

Red Flags

Strengths