Is Goodie Two Shoes Foundation Legit?

Quick charity verification for Goodie Two Shoes Foundation (EIN: 208862386)

Verdict: Goodie Two Shoes Foundation appears trustworthy

92/100Mission Score

$1.3MRevenue

$6.5MAssets

0Red Flags

5Strengths

No red flags identified.

Strengths

Consistent revenue growth, particularly in recent years (e.g., $724,204 in 202106 to $2,577,749 in 202406).
Significant asset accumulation, growing from $1,472,283 in 202106 to $6,285,304 in 202406.
0% reported officer compensation across all filing periods, indicating efficient use of funds.
Expenses consistently lower than revenue in most recent periods, leading to healthy surpluses.
Long history of IRS 990 filings (13 filings), demonstrating transparency and consistent operation.

Spending Breakdown

How Goodie Two Shoes Foundation 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 Goodie Two Shoes Foundation

Is Goodie Two Shoes Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Goodie Two Shoes Foundation (EIN: 208862386) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Goodie Two Shoes Foundation a good charity to donate to?

Goodie Two Shoes Foundation has a Mission Score of 92/100. Revenue: $1.3M. Assets: $6.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Goodie Two Shoes Foundation?

The Employer Identification Number (EIN) for Goodie Two Shoes Foundation is 208862386. 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 Goodie Two Shoes Foundation spend its money?

Goodie Two Shoes Foundation allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Goodie Two Shoes Foundation's tax-exempt status?

You can verify Goodie Two Shoes Foundation's tax-exempt status using EIN 208862386 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

The Goodie Two Shoes Foundation demonstrates strong financial health and spending efficiency, particularly in its most recent filings. In the 202406 period, the organization reported revenue of $2,577,749 against expenses of $1,062,150, indicating a significant surplus that contributed to a healthy asset base of $6,285,304. This trend of revenue exceeding expenses is consistent across several recent years, allowing for substantial growth in assets from $1,472,283 in 202106 to over $6.2 million in 202406. The organization consistently reports 0% officer compensation, which is a strong indicator of efficient use of funds and a commitment to directing resources towards its mission. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial picture suggests a well-managed and fiscally responsible operation.

The foundation's asset growth is particularly noteworthy, increasing from $1,788,478 in 202206 to $6,285,304 in 202406, alongside a corresponding increase in liabilities to $4,418,000 in 202406. This suggests potential strategic investments or capital projects, which, if managed effectively, can enhance long-term program delivery capacity. The consistent filing of IRS 990s over 13 periods demonstrates a commitment to transparency. The absence of officer compensation further reinforces a positive view of their financial practices, indicating that leadership is likely volunteer-based or compensated through other means not categorized as officer compensation, which is a strong positive for donor confidence.

View Full Transparency Report →

Disclaimer

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