Is Good Theater Inc Legit?

Spending Breakdown

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

80%

Program Spending

Healthy — majority goes to mission

15%

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 Theater Inc

Is Good Theater Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Good Theater Inc (EIN: 141846766) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Good Theater Inc a good charity to donate to?

Good Theater Inc has a Mission Score of 70/100. Revenue: $914K. Assets: $516K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Good Theater Inc?

The Employer Identification Number (EIN) for Good Theater Inc is 141846766. 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 Theater Inc spend its money?

Good Theater Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

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

You can verify Good Theater Inc's tax-exempt status using EIN 141846766 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 Theater Inc has demonstrated inconsistent financial performance over the past several years, with revenues fluctuating significantly. For instance, revenue dropped from $553,084 in 2019 to $292,572 in 2020, then rebounded to $453,425 in 2022 before declining again to $395,565 in 2023. The organization has also frequently operated at a deficit, with expenses exceeding revenue in 2023 ($503,060 expenses vs. $395,565 revenue) and 2022 ($549,852 expenses vs. $453,425 revenue). This trend of spending more than it earns could indicate potential long-term financial instability if not addressed.

Despite these operational deficits, the organization has maintained relatively low liabilities in most years, though 2023 saw liabilities rise to $107,227, significantly higher than previous years. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards the mission rather than executive salaries, which is a positive indicator of financial stewardship. However, the overall financial health appears somewhat precarious due to the recurring deficits and fluctuating asset base.

Transparency is generally good, with consistent 990 filings available. The lack of reported officer compensation is a notable positive for transparency and efficiency. However, the organization's ability to sustain its operations given the recent deficits and the increase in liabilities in 2023 warrants closer monitoring. A detailed breakdown of program, administrative, and fundraising expenses would provide further insight into spending efficiency, which is not explicitly detailed in the provided summary data.

Verdict: Good Theater Inc appears trustworthy

Red Flags

Strengths