Quick charity verification for Gotta Go Corporation (EIN: 201824854)
Verdict: Gotta Go Corporation appears trustworthy
70/100Mission Score
$353KRevenue
$219KAssets
2Red Flags
3Strengths
Red Flags
Frequent operating deficits, with expenses exceeding revenue in 7 out of 10 reported periods.
Declining assets in recent years, from $363,769 in 2021 to $247,369 in 2023.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency in executive overhead.
Relatively low liabilities compared to assets, suggesting responsible debt management.
Long filing history (13 filings), indicating sustained operation and compliance.
Spending Breakdown
How Gotta Go Corporation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Gotta Go Corporation
Is Gotta Go Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Gotta Go Corporation (EIN: 201824854) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Gotta Go Corporation a good charity to donate to?
Gotta Go Corporation has a Mission Score of 70/100. Revenue: $353K. Assets: $219K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gotta Go Corporation?
The Employer Identification Number (EIN) for Gotta Go Corporation is 201824854. 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 Gotta Go Corporation spend its money?
Gotta Go Corporation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gotta Go Corporation's tax-exempt status?
You can verify Gotta Go Corporation's tax-exempt status using EIN 201824854 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
Gotta Go Corporation demonstrates a mixed financial picture over its filing history. While the organization has consistently reported revenue, it has frequently operated at a deficit, with expenses exceeding revenue in several recent periods, such as 2023 ($365,819 expenses vs. $331,763 revenue) and 2022 ($377,474 expenses vs. $297,722 revenue). This trend suggests potential challenges in maintaining financial sustainability without drawing down assets or securing additional funding. The organization's assets have fluctuated, decreasing from $363,769 in 2021 to $247,369 in 2023, which could be a concern if deficits continue.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's difficult to fully assess. However, the consistent reporting of 0% officer compensation across all filings indicates a commitment to minimizing executive overhead, which is a positive sign for donor confidence. The organization's liabilities have remained relatively low compared to its assets, suggesting responsible debt management.
Transparency appears to be strong in terms of executive compensation, with no reported officer compensation. However, the lack of detailed expense breakdowns in the provided summary limits a full assessment of how efficiently funds are allocated across programs, administration, and fundraising. A more granular view of spending would enhance understanding of its operational efficiency and program impact.