Is Good Neighbor Fund Inc Legit?

Quick charity verification for Good Neighbor Fund Inc (EIN: 203181516)

Verdict: Good Neighbor Fund Inc appears trustworthy

75/100Mission Score
$1.6MRevenue
$568KAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Good Neighbor Fund 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 Neighbor Fund Inc

Is Good Neighbor Fund Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Good Neighbor Fund Inc (EIN: 203181516) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

Is Good Neighbor Fund Inc a good charity to donate to?

Good Neighbor Fund Inc has a Mission Score of 75/100. Revenue: $1.6M. Assets: $568K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Good Neighbor Fund Inc?

The Employer Identification Number (EIN) for Good Neighbor Fund Inc is 203181516. 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 Neighbor Fund Inc spend its money?

Good Neighbor Fund Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Good Neighbor Fund Inc's tax-exempt status?

You can verify Good Neighbor Fund Inc's tax-exempt status using EIN 203181516 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 Neighbor Fund Inc. demonstrates consistent operational activity with annual revenues generally exceeding $1.6 million, though recent years show a slight decline from previous highs of over $2 million. The organization has consistently reported zero liabilities across all available filings, indicating a strong balance sheet and responsible financial management in avoiding debt. However, the organization has experienced net losses in recent years, with expenses exceeding revenue in 2023 ($1,786,735 expenses vs. $1,638,769 revenue), 2022 ($1,779,139 expenses vs. $1,631,388 revenue), and 2021 ($1,770,769 expenses vs. $1,661,778 revenue). This trend of spending more than it takes in could be a concern if it continues, as it has led to a decrease in assets from a peak of $943,683 in 2020 to $573,401 in 2023. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-led or very lean executive structure, which can be a positive indicator of resource allocation directly to mission, but also raises questions about the sustainability of leadership without compensation.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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