Is Good Spoon Legit?

Strengths

Consistent revenue growth, increasing from $189,402 in 2014 to $1,143,561 currently.
Strong asset accumulation, growing from $24,772 in 2015 to $623,699 currently, indicating financial stability.
Consistent positive net income, with revenue exceeding expenses in all reported periods.
Minimal to no reported liabilities in recent years, demonstrating a healthy balance sheet.
High transparency with 14 consistent IRS 990 filings.

Spending Breakdown

How Good Spoon allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Spoon

Is Good Spoon a legitimate charity?

Based on AI analysis of IRS 990 filings, Good Spoon (EIN: 201182359) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is Good Spoon a good charity to donate to?

Good Spoon has a Mission Score of 92/100. Revenue: $1.1M. Assets: $624K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Good Spoon?

The Employer Identification Number (EIN) for Good Spoon is 201182359. 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 Spoon spend its money?

Good Spoon allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Good Spoon's tax-exempt status?

You can verify Good Spoon's tax-exempt status using EIN 201182359 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 Spoon demonstrates strong financial health and growth, with its latest reported revenue at $1,143,561 and assets at $623,699. The organization has consistently operated with a positive net income, as evidenced by its revenue exceeding expenses in all reported periods. For instance, in 2023, revenue was $901,712 against expenses of $834,563, resulting in a surplus. This consistent surplus has allowed for significant asset accumulation, growing from $45,772 in 2020 to $536,606 in 2023, indicating effective financial management and reinvestment capacity.

The organization's spending efficiency appears robust, particularly given the consistent 0% officer compensation reported across all filings. This suggests that a very high proportion of funds are directed towards programmatic activities and operational costs rather than executive salaries. The absence of liabilities in most recent filings (e.g., $0 in 2023, 2022, 2021) further underscores a healthy balance sheet and responsible financial stewardship. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial trends point to an organization that manages its resources effectively.

Good Spoon exhibits a high degree of transparency through its consistent filing of IRS Form 990s over 14 periods. The readily available financial data, showing consistent growth in revenue and assets, and the absence of officer compensation, contribute to a positive assessment of its financial practices. The clear financial trajectory and lack of significant liabilities suggest a well-managed and accountable nonprofit.

Verdict: Good Spoon appears trustworthy

Red Flags