Is Goodtemps Inc Legit?

Quick charity verification for Goodtemps Inc (EIN: 201643163)

Verdict: Goodtemps Inc appears trustworthy

85/100Mission Score
$4.0MRevenue
$879KAssets
3Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Goodtemps Inc demonstrates a generally stable financial history, with revenues fluctuating but often exceeding expenses, indicating operational sustainability over many years. For instance, in 2022, revenue was $7,148,167 against expenses of $6,907,472. However, the most recent filing (2023) shows a deficit, with expenses ($7,821,271) exceeding revenue ($6,860,188), which warrants monitoring. The organization consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. Their asset base has varied, reaching a high of $1,722,768 in 2022, providing a reasonable buffer for operations. The consistent filing of IRS 990s over 13 periods also points to good transparency practices.

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Disclaimer

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

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