Quick charity verification for Good Grief Inc (EIN: 200514996)
Verdict: Good Grief Inc appears trustworthy
90/100Mission Score
$1.8MRevenue
$3.9MAssets
2Red Flags
4Strengths
Red Flags
Significant increase in liabilities from $27,664 in 2014 to $1,907,909 in 2023, warranting further investigation into their nature.
Expenses ($1,885,037) exceeded revenue ($1,703,558) in the 2023 fiscal period, resulting in a deficit.
Strengths
Consistent reporting of 0% officer compensation across all 13 filings, indicating strong resource allocation to programs.
Substantial asset growth from $948,581 in 2014 to $4,322,208 in 2023, demonstrating financial health and stability.
Long history of consistent IRS 990 filings (13 filings), indicating strong transparency.
Consistent revenue generation, averaging over $1.5 million annually in recent years.
Spending Breakdown
How Good Grief Inc 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 Good Grief Inc
Is Good Grief Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Good Grief Inc (EIN: 200514996) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
Is Good Grief Inc a good charity to donate to?
Good Grief Inc has a Mission Score of 90/100. Revenue: $1.8M. Assets: $3.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Good Grief Inc?
The Employer Identification Number (EIN) for Good Grief Inc is 200514996. 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 Good Grief Inc spend its money?
Good Grief Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Good Grief Inc's tax-exempt status?
You can verify Good Grief Inc's tax-exempt status using EIN 200514996 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
Good Grief Inc. demonstrates a generally stable financial position with consistent revenue streams over the past decade, averaging around $1.5 million annually. While the organization experienced a slight deficit in 2023, with expenses of $1,885,037 exceeding revenue of $1,703,558, this appears to be an anomaly rather than a trend, as previous years often showed surpluses. The organization's assets have grown significantly over time, from $948,581 in 2014 to $4,322,208 in 2023, indicating good financial management and asset accumulation. Liabilities have also increased, reaching $1,907,909 in 2023, which warrants monitoring but is not immediately alarming given the asset base.
The organization's spending efficiency is commendable, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that executive leadership is either volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which is a strong indicator of resource allocation towards mission-related activities. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise efficiency ratio cannot be calculated, but the absence of officer compensation is a positive sign for donor confidence.
Transparency appears to be high, with 13 years of consistent IRS 990 filings available. The consistent reporting of 0% officer compensation is a significant transparency point, as it directly addresses a common area of concern for donors. The growth in assets and generally stable revenue, despite some year-to-year fluctuations, suggests a well-managed and financially accountable organization. Further detailed expense breakdowns would enhance this assessment, but the available data points to a responsible and transparent operation.