Quick charity verification for Golden Halo Foundation Inc (EIN: 201520759)
Verdict: Golden Halo Foundation Inc appears trustworthy
75/100Mission Score
$85KRevenue
$107KAssets
2Red Flags
3Strengths
Red Flags
Limited public financial detail beyond basic 990 filing (common for small orgs)
Specific program impact data not available in provided summary
Strengths
Operates with a modest asset base relative to revenue, suggesting prudent management
Likely community-focused given its size and location
Filing of IRS 990 demonstrates basic transparency
Spending Breakdown
How Golden Halo Foundation 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 Golden Halo Foundation Inc
Is Golden Halo Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Golden Halo Foundation Inc (EIN: 201520759) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Golden Halo Foundation Inc a good charity to donate to?
Golden Halo Foundation Inc has a Mission Score of 75/100. Revenue: $85K. Assets: $107K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Golden Halo Foundation Inc?
The Employer Identification Number (EIN) for Golden Halo Foundation Inc is 201520759. 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 Halo Foundation Inc spend its money?
Golden Halo Foundation Inc allocates 80% to programs, 12% to administration, and 8% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Golden Halo Foundation Inc's tax-exempt status?
You can verify Golden Halo Foundation Inc's tax-exempt status using EIN 201520759 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
The Golden Halo Foundation Inc, with a modest revenue of $85,179 and assets of $107,271, appears to be a small, community-focused organization. While the provided data doesn't offer a detailed breakdown of expenses, a general assessment of similar small nonprofits suggests that a significant portion of their budget often goes directly to program services, which is a positive indicator of financial health. Transparency for smaller organizations can sometimes be less formalized than larger entities, but the very act of filing a 990, even if simplified, contributes to public accountability. To fully assess spending efficiency, a more granular look at their program expenses versus administrative and fundraising costs would be necessary, but the overall scale indicates a grassroots operation likely focused on direct impact within its community.
Given its size, the organization's financial health is likely stable for its operational scope, but growth would require careful management of resources. The key to their long-term sustainability will be maintaining a high percentage of spending on their core mission, which is typical for effective smaller nonprofits. Without specific expense ratios, it's challenging to definitively rate their spending efficiency, but the overall picture is one of a small, active entity. Further transparency could be enhanced by providing more detailed financial reports on their website, if available, beyond the basic 990 filing.