Quick charity verification for Good Health Ideas Inc (EIN: 201510713)
Verdict: Good Health Ideas Inc shows mixed signals
65/100Mission Score
$317KRevenue
$42KAssets
3Red Flags
3Strengths
Red Flags
Inconsistent financial performance with recurring deficits (e.g., 2023: $180,697 revenue vs. $270,118 expenses).
Significant decline in assets over the long term (from $282,049 in 2014 to $41,922 currently).
Increase in liabilities in 2023 to $580 after several years of $0 liabilities, indicating potential short-term financial strain.
Strengths
Consistent reporting of 0% officer compensation, indicating low executive overhead.
Extensive filing history (13 filings) provides good transparency into past financial operations.
Periods of revenue exceeding expenses (e.g., 2022: $277,784 revenue vs. $212,041 expenses) demonstrate capacity for efficient operation.
Spending Breakdown
How Good Health Ideas Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Health Ideas Inc
Is Good Health Ideas Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Good Health Ideas Inc (EIN: 201510713) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Good Health Ideas Inc a good charity to donate to?
Good Health Ideas Inc has a Mission Score of 65/100. Revenue: $317K. Assets: $42K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Good Health Ideas Inc?
The Employer Identification Number (EIN) for Good Health Ideas Inc is 201510713. 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 Health Ideas Inc spend its money?
Good Health Ideas Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Good Health Ideas Inc's tax-exempt status?
You can verify Good Health Ideas Inc's tax-exempt status using EIN 201510713 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 Health Ideas Inc. demonstrates inconsistent financial health over the past decade. While the organization has experienced periods of revenue exceeding expenses, such as in 2022 ($277,784 revenue vs. $212,041 expenses) and 2021 ($227,044 revenue vs. $170,979 expenses), it has also faced significant deficits, notably in 2023 where expenses ($270,118) substantially outstripped revenue ($180,697), leading to a decrease in assets and an increase in liabilities to $580. The organization's assets have fluctuated considerably, from a high of $282,049 in 2014 to a low of $41,922 currently, and $85,245 in 2023, indicating a lack of consistent financial stability and growth in reserves.
The spending efficiency is difficult to fully assess without a detailed functional expense breakdown (program, administrative, fundraising) from the provided data. However, the recurring deficits suggest that expenses frequently exceed income, which could impact long-term program sustainability. The consistent reporting of 0% officer compensation across all filings indicates a commitment to minimizing executive overhead, which is a positive sign for donor confidence regarding how funds are allocated at the top level. The organization's transparency is generally good, with 13 filings available, providing a comprehensive historical view of its financial operations.
Overall, Good Health Ideas Inc. appears to be a small organization with fluctuating financial performance. While it maintains low executive compensation, its ability to consistently cover expenses and build reserves is a concern. Donors might want to seek more detailed information on program outcomes and specific expense categories to better understand its operational efficiency and impact.