Is Golden Key Center For Exceptionalchildren Inc Legit?
Quick charity verification for Golden Key Center For Exceptionalchildren Inc (EIN: 205671272)
Verdict: Golden Key Center For Exceptionalchildren Inc appears trustworthy
95/100Mission Score
$4.4MRevenue
$5.3MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent zero officer compensation, indicating high efficiency and mission focus.
Strong and consistent revenue growth, from $988,880 in 2018 to $4,444,620 in 2024.
Healthy asset-to-liability ratio, demonstrating financial stability (e.g., $5,416,117 assets vs. $631,073 liabilities in 2024).
Positive net income in most recent periods (e.g., $372,197 in 2024 and $1,934,243 in 2023), indicating financial sustainability.
Spending Breakdown
How Golden Key Center For Exceptionalchildren Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Golden Key Center For Exceptionalchildren Inc
Is Golden Key Center For Exceptionalchildren Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Golden Key Center For Exceptionalchildren Inc (EIN: 205671272) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
Is Golden Key Center For Exceptionalchildren Inc a good charity to donate to?
Golden Key Center For Exceptionalchildren Inc has a Mission Score of 95/100. Revenue: $4.4M. Assets: $5.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Golden Key Center For Exceptionalchildren Inc?
The Employer Identification Number (EIN) for Golden Key Center For Exceptionalchildren Inc is 205671272. 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 Key Center For Exceptionalchildren Inc spend its money?
Golden Key Center For Exceptionalchildren Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Golden Key Center For Exceptionalchildren Inc's tax-exempt status?
You can verify Golden Key Center For Exceptionalchildren Inc's tax-exempt status using EIN 205671272 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 Key Center For Exceptionalchildren Inc demonstrates a generally healthy financial position with consistent revenue growth over the past several years, indicating increasing capacity to serve its mission. For example, revenue grew from $988,880 in 2018 to $4,444,620 in 2024. The organization consistently reports zero officer compensation, which is a significant indicator of transparency and a commitment to directing funds towards programs rather than executive salaries. This practice is highly commendable and suggests a strong focus on mission-driven spending. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the absence of officer compensation suggests a lean operational structure at the top. The organization also maintains a healthy asset base relative to its liabilities, with assets of $5,416,117 against liabilities of $631,073 in 2024, indicating good financial stability.