Is The Goodwin Foundation A New Jersey Non Profit Corporation Legit?

Quick charity verification for The Goodwin Foundation A New Jersey Non Profit Corporation (EIN: 222882244)

Verdict: The Goodwin Foundation A New Jersey Non Profit Corporation shows mixed signals

65/100Mission Score
$806KRevenue
$1.8MAssets
5Red Flags
2Strengths

Red Flags

Strengths

AI Transparency Report

The Goodwin Foundation A New Jersey Non Profit Corporation is a unknown nonprofit based in Rehoboth Beach, Delaware, with reported revenue of $806K and assets of $1.8M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 5% of spending goes to programs, 90% to administration, and 5% to fundraising. • The organization's revenue has significantly declined from $954,574 in 2022 to $376,993 in 2023. • Expenses consistently exceed revenue, with $362,718 in expenses against $376,993 in revenue in 2023, and $444,790 against $954,574 in 2022. • The organization consistently reports 0% compensation for its leadership, which requires further investigation given the substantial expenses. Executive compensation is reported as 0% across all available filings, which is unusual for an organization with significant expenses and assets, suggesting potential undisclosed compensation or a fully volunteer-run structure. Revenue has remained stable -2% across 10 filing periods.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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