Quick charity verification for Gsbc Community Development Corp (EIN: 203496884)
Verdict: Gsbc Community Development Corp appears trustworthy
85/100Mission Score
$444KRevenue
$203KAssets
1Red Flags
4Strengths
Red Flags
Latest expenses ($379,911) slightly exceeded revenue ($375,728), indicating a minor deficit for the period 202112.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds.
Significant growth in assets from $0 in 2016 to $202,737 currently, enhancing financial stability.
Long operational history with 10 years of IRS 990 filings, demonstrating sustained commitment.
Expenses generally align closely with revenue, suggesting responsible financial management.
Spending Breakdown
How Gsbc Community Development Corp allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Gsbc Community Development Corp
Is Gsbc Community Development Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Gsbc Community Development Corp (EIN: 203496884) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Gsbc Community Development Corp a good charity to donate to?
Gsbc Community Development Corp has a Mission Score of 85/100. Revenue: $444K. Assets: $203K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gsbc Community Development Corp?
The Employer Identification Number (EIN) for Gsbc Community Development Corp is 203496884. 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 Gsbc Community Development Corp spend its money?
Gsbc Community Development Corp allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gsbc Community Development Corp's tax-exempt status?
You can verify Gsbc Community Development Corp's tax-exempt status using EIN 203496884 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
Gsbc Community Development Corp demonstrates a consistent operational history, with revenues and expenses generally in balance over the past decade. The organization's assets have shown growth, increasing from $0 in 2016 to $202,737 currently, indicating some financial stability and capacity building. However, the latest filing shows expenses ($379,911) slightly exceeding revenue ($375,728), which, while not a significant deficit, warrants monitoring to ensure long-term sustainability. The organization's NTEE code T30 (Housing, Shelter) suggests a focus on community development, which aligns with its name.
The absence of reported officer compensation across all filings is a notable point regarding transparency and resource allocation. While this could indicate a volunteer-led executive structure or compensation being reported under other categories, it's a positive indicator for direct program spending if truly no compensation is paid. The organization's financial health appears stable, with a trend of increasing assets and manageable liabilities, though the recent slight deficit should be observed.
Overall, Gsbc Community Development Corp appears to be a financially stable organization with a long operating history. Its consistent revenue generation and asset growth, coupled with no reported officer compensation, suggest a commitment to its mission. However, detailed program spending breakdowns are not provided in the summary data, making a precise assessment of spending efficiency challenging beyond the general revenue/expense balance.