Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate a lack of transparency in reporting executive pay.
Operating loss in the most recent fiscal period (202303), with expenses exceeding revenue by over $700,000.
Strengths
Long history of consistent IRS 990 filings (12 filings), indicating strong regulatory compliance and transparency.
Substantial and stable asset base (ranging from $34M to $47M), providing financial stability.
Consistent revenue generation over a decade, demonstrating operational resilience.
Spending Breakdown
How Goodwill Vision Enterprises Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Goodwill Vision Enterprises Inc
Is Goodwill Vision Enterprises Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Goodwill Vision Enterprises Inc (EIN: 160743906) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
Is Goodwill Vision Enterprises Inc a good charity to donate to?
Goodwill Vision Enterprises Inc has a Mission Score of 80/100. Revenue: $23.3M. Assets: $38.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Goodwill Vision Enterprises Inc?
The Employer Identification Number (EIN) for Goodwill Vision Enterprises Inc is 160743906. 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 Goodwill Vision Enterprises Inc spend its money?
Goodwill Vision Enterprises Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Goodwill Vision Enterprises Inc's tax-exempt status?
You can verify Goodwill Vision Enterprises Inc's tax-exempt status using EIN 160743906 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
Goodwill Vision Enterprises Inc. demonstrates consistent financial activity over the past decade, with revenues generally fluctuating between $12 million and $18 million. The organization's assets have remained substantial, ranging from $34 million to $47 million, indicating a stable financial base. In the most recent filing (202303), the organization reported expenses slightly exceeding revenue ($16,012,507 vs. $15,312,163), resulting in a net operating loss for that period. However, this is not a consistent trend, as previous years often showed a surplus.
The organization's spending efficiency appears to be reasonable, though specific program, administrative, and fundraising expense breakdowns are not provided in the summary data. The consistent reporting of 0% officer compensation across all filings suggests either that executive compensation is not reported in this category or that the organization operates with a volunteer executive leadership, which would be a significant strength in terms of efficiency and donor trust. The consistent filing of IRS Form 990s over 12 periods indicates a commitment to regulatory compliance and transparency.
Overall, Goodwill Vision Enterprises Inc. appears to be a financially stable organization with a long history of operations. While the recent operating loss warrants attention, the overall asset base and historical performance suggest resilience. The lack of reported officer compensation is a notable point for further investigation regarding its implications for transparency and operational structure.