Quick charity verification for Gomadis International (EIN: 208583723)
Verdict: Gomadis International appears trustworthy
75/100Mission Score
$96KRevenue
$25KAssets
3Red Flags
3Strengths
Red Flags
Recurring operational deficits in multiple years (e.g., 2023, 2021, 2020) where expenses exceeded revenue.
Significant fluctuation in revenue and expenses year-over-year, indicating potential instability in funding or operations.
Relatively low asset base ($25,196 in 2023) compared to historical revenue levels, suggesting limited financial reserves.
Strengths
Consistent 0% officer compensation across all reported periods, indicating strong commitment to mission-related spending.
Successful elimination of significant liabilities ($129,800 in 2021 to $0 in 2022 and 2023), demonstrating improved financial management.
Positive net income in recent years like 2022 ($80,240 revenue vs. $60,449 expenses).
Spending Breakdown
How Gomadis International 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 Gomadis International
Is Gomadis International a legitimate charity?
Based on AI analysis of IRS 990 filings, Gomadis International (EIN: 208583723) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Gomadis International a good charity to donate to?
Gomadis International has a Mission Score of 75/100. Revenue: $96K. Assets: $25K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gomadis International?
The Employer Identification Number (EIN) for Gomadis International is 208583723. 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 Gomadis International spend its money?
Gomadis International allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gomadis International's tax-exempt status?
You can verify Gomadis International's tax-exempt status using EIN 208583723 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
Gomadis International, with a latest reported revenue of $96,095 and assets of $25,196, demonstrates a fluctuating financial history. In 2023, the organization reported expenses of $62,240 against revenue of $55,773, indicating a deficit for the year. This trend of expenses exceeding revenue is also visible in 2021 ($87,394 expenses vs. $52,937 revenue) and 2020 ($122,445 expenses vs. $89,741 revenue), suggesting potential challenges in maintaining financial equilibrium. However, there have been periods of surplus, such as in 2022 where revenue ($80,240) exceeded expenses ($60,449).
The organization consistently reports 0% officer compensation across all available filings, which is a positive indicator of resource allocation towards its mission rather than executive salaries. While the NTEE code X20 (International, Foreign Affairs) suggests a program focus, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency. The absence of liabilities in the most recent two periods (2023 and 2022) is a significant improvement from previous years where liabilities were substantial, reaching $129,800 in 2021 and 2020. This reduction in debt indicates better financial management in recent years.
Overall, Gomadis International appears to be in a period of financial stabilization, particularly with the elimination of liabilities. Its consistent reporting of no officer compensation enhances its transparency and commitment to program spending. However, the recurring operational deficits in some years suggest a need for more consistent revenue generation or tighter expense control to ensure long-term sustainability. The relatively small asset base compared to historical revenues also warrants attention.