Quick charity verification for Goldin Institute (EIN: 203470485)
Verdict: Goldin Institute appears trustworthy
90/100Mission Score
$680KRevenue
$200KAssets
1Red Flags
4Strengths
Red Flags
Expenses slightly exceeded revenue in the most recent fiscal year (2023), indicating a minor operating deficit.
Strengths
Consistent reporting of 0% officer compensation, demonstrating strong financial integrity.
Long history of IRS 990 filings (8 filings), indicating good transparency.
Significant growth in revenue and assets over the long term, from $394,158 revenue and $36,730 assets in 2012 to over $800,000 revenue and $199,089 assets in 2023.
Strong program focus implied by 0% executive compensation, suggesting a high percentage of spending goes directly to mission-related activities.
Spending Breakdown
How Goldin Institute 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 Goldin Institute
Is Goldin Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Goldin Institute (EIN: 203470485) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Goldin Institute a good charity to donate to?
Goldin Institute has a Mission Score of 90/100. Revenue: $680K. Assets: $200K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Goldin Institute?
The Employer Identification Number (EIN) for Goldin Institute is 203470485. 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 Goldin Institute spend its money?
Goldin Institute allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Goldin Institute's tax-exempt status?
You can verify Goldin Institute's tax-exempt status using EIN 203470485 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 Goldin Institute demonstrates a generally stable financial history, with revenues fluctuating but often exceeding expenses in recent years, as seen in 2022 where revenue was $1,001,529 against expenses of $773,420. However, the most recent filing for 2023 shows expenses ($852,547) slightly exceeding revenue ($817,550), indicating a minor deficit for that period. The organization consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. Their asset base has shown growth over time, reaching $452,934 in 2022 before a slight decrease to $199,089 in 2023, suggesting a healthy, albeit fluctuating, financial position. The consistent filing of IRS 990 forms over eight periods also points to good transparency practices.