Quick charity verification for Good Journey Development Foundation (EIN: 201615870)
Verdict: Good Journey Development Foundation shows mixed signals
65/100Mission Score
$236KRevenue
$15KAssets
3Red Flags
3Strengths
Red Flags
Significant deficit in the latest filing (2023: Expenses $260,103 vs. Revenue $112,176).
Volatile asset base, with a substantial drop from $201,330 in 2022 to $53,403 in 2023.
Expenses exceeded revenue in multiple years (2023, 2017, 2016, 2015), indicating potential inconsistency in financial management.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds for executive costs.
No reported liabilities across all available filings, suggesting a debt-free operational model.
Demonstrated periods of significant revenue growth, such as from $72,342 in 2020 to $250,872 in 2022.
Spending Breakdown
How Good Journey Development Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Journey Development Foundation
Is Good Journey Development Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Good Journey Development Foundation (EIN: 201615870) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Good Journey Development Foundation a good charity to donate to?
Good Journey Development Foundation has a Mission Score of 65/100. Revenue: $236K. Assets: $15K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Good Journey Development Foundation?
The Employer Identification Number (EIN) for Good Journey Development Foundation is 201615870. 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 Journey Development Foundation spend its money?
Good Journey Development Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Good Journey Development Foundation's tax-exempt status?
You can verify Good Journey Development Foundation's tax-exempt status using EIN 201615870 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 Journey Development Foundation demonstrates a mixed financial picture. While the organization has shown significant revenue growth in recent years, peaking at $250,872 in 2022, its latest filing for 2023 shows expenses ($260,103) significantly exceeding revenue ($112,176), resulting in a substantial deficit. This trend of expenses exceeding revenue was also observed in 2017, 2016, and 2015, indicating potential challenges in consistent financial management. The organization's assets have fluctuated, reaching a high of $201,330 in 2022 but dropping to $53,403 in 2023, which is a concern given the recent deficit.
Spending efficiency is difficult to fully assess without a detailed functional expense breakdown, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings suggests that executive costs are not a drain on resources, which is a positive indicator for donor funds being directed towards programs. The organization's transparency is generally good, with a consistent filing history of 14 IRS 990 forms, indicating adherence to reporting requirements.
Overall, while the organization has demonstrated periods of growth and maintains a clean record regarding officer compensation and liabilities, the recent financial deficit in 2023 and fluctuating asset base warrant closer examination. Donors should seek more detailed information on how the organization plans to address its spending relative to its income to ensure long-term sustainability and program impact.