Quick charity verification for Gto Foundation (EIN: 208058053)
Verdict: Gto Foundation appears trustworthy
85/100Mission Score
$189KRevenue
$1.2MAssets
3Red Flags
4Strengths
Red Flags
Significant revenue volatility, including negative revenue in some years, indicates potential instability in funding sources.
Lack of detailed expense breakdown in summary data makes it difficult to fully assess program vs. administrative spending efficiency.
Consistent 0% officer compensation for an organization of this size and asset base is unusual and warrants further scrutiny to understand how leadership is supported.
Strengths
Strong asset growth, increasing from $496,819 in 2011 to $1,188,185 in 2023, demonstrates effective financial management.
Very low liabilities, consistently around $519 in recent years, indicates strong financial health and minimal debt.
Consistent filing of IRS Form 990s over 10 periods shows a commitment to transparency and regulatory compliance.
High efficiency in 2023, with expenses ($71,489) being a small fraction of revenue ($591,287), suggests a strong capacity to retain funds for mission-related activities or future growth.
Spending Breakdown
How Gto Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Gto Foundation
Is Gto Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Gto Foundation (EIN: 208058053) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
Is Gto Foundation a good charity to donate to?
Gto Foundation has a Mission Score of 85/100. Revenue: $189K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gto Foundation?
The Employer Identification Number (EIN) for Gto Foundation is 208058053. 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 Gto Foundation spend its money?
Gto Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gto Foundation's tax-exempt status?
You can verify Gto Foundation's tax-exempt status using EIN 208058053 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
Gto Foundation demonstrates a mixed financial picture with significant fluctuations in revenue and expenses over the past decade. While the organization reported a substantial revenue of $591,287 in 2023, this followed a negative revenue of $-33,638 in 2022, indicating an inconsistent funding stream. Despite these variations, the foundation has consistently maintained a healthy asset base, growing from $496,819 in 2011 to $1,188,185 in 2023, suggesting effective asset management. The organization's liabilities have remained very low, at $519 in recent years, which is a positive indicator of financial stability and low debt burden.
The foundation's spending efficiency appears strong, particularly in 2023 where expenses were only $71,489 against a revenue of $591,287. This suggests a high proportion of funds are being retained or directed towards program activities, though a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data. The consistent reporting of 0% officer compensation across all filings is a significant strength, indicating that executive leadership is either unpaid or compensated through other means not reported as officer compensation, which can be viewed positively for donor confidence.
In terms of transparency, the consistent filing of IRS Form 990s over a long period (10 filings) demonstrates a commitment to public disclosure. However, without more detailed expense breakdowns, it's challenging to fully assess the efficiency of their spending across different categories. The significant swings in revenue, including negative figures in some years, warrant closer examination to understand the underlying financial operations and sustainability.