Is Goodword Partnership Legit?

Spending Breakdown

How Goodword Partnership 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 Goodword Partnership

Is Goodword Partnership a legitimate charity?

Based on AI analysis of IRS 990 filings, Goodword Partnership (EIN: 203545214) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.

Is Goodword Partnership a good charity to donate to?

Goodword Partnership has a Mission Score of 75/100. Revenue: $454K. Assets: $365K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Goodword Partnership?

The Employer Identification Number (EIN) for Goodword Partnership is 203545214. 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 Goodword Partnership spend its money?

Goodword Partnership allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Goodword Partnership's tax-exempt status?

You can verify Goodword Partnership's tax-exempt status using EIN 203545214 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

Goodword Partnership demonstrates a mixed financial picture. While the organization has a history of consistent revenue generation, averaging around $350,000 annually over the past decade, there are notable fluctuations. The significant revenue spike to $1,227,936 in 2022 followed by a drop to $407,472 in 2023 suggests potential reliance on specific grants or large donations that are not consistently recurring. The organization's assets have generally grown, reaching $407,547 in 2023, indicating some financial stability, and liabilities remain very low, which is a positive sign of fiscal management.

Spending efficiency is a concern, particularly in 2023 where expenses ($680,909) significantly outstripped revenue ($407,472), leading to a deficit. This trend of expenses exceeding revenue has occurred in multiple years (e.g., 2023, 2019, 2017), suggesting potential challenges in managing operational costs relative to income. However, in other years like 2022, the organization managed a substantial surplus. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to directing funds towards the mission rather than executive salaries, which is a significant strength in terms of transparency and donor trust.

Overall, Goodword Partnership appears to be transparent in its financial reporting, with a long history of filings and clear disclosure of no officer compensation. However, the volatility in revenue and occasional deficits highlight a need for more consistent financial planning and potentially diversified funding sources to ensure long-term sustainability and program delivery without relying on large, infrequent windfalls. The low liabilities are a strong indicator of responsible debt management.

Verdict: Goodword Partnership appears trustworthy

Red Flags

Strengths