Activate Good Inc

Activate Good Inc shows consistent growth and zero officer compensation, with a recent deficit in 2023.

EIN: 203057526 · Raleigh, NC · NTEE: B82 · Updated: 2026-03-28

$784KRevenue
$211KAssets
92/100Mission Score (Excellent)
B82
Activate Good Inc Financial Summary
MetricValue
Total Revenue$784K
Total Expenses$838K
Program Spending85%
CEO/Top Officer Pay$800,000.
Net Assets$215K
Transparency Score92/100

Is Activate Good Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Activate Good Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Activate Good Inc

Activate Good Inc (EIN: 203057526) is a nonprofit organization based in Raleigh, NC, classified under NTEE code B82. The organization reported total revenue of $784K and total assets of $211K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Activate Good Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
SmallSize Classification
11Years of Filings
MixedRevenue Trajectory

Activate Good Inc is a small nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 28.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$759K
Total Expenses$838K
Surplus / Deficit$-78,831
Total Assets$218K
Total Liabilities$3K
Net Assets$215K
Operating Margin-10.4%
Debt-to-Asset Ratio1.2%
Months of Reserves3.1 months

Financial Health Grade: B

In 2023, Activate Good Inc reported a deficit of $79K with expenses exceeding revenue, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 1.2% (very low leverage).

Financial Trends

Over 11 years of filings (2013–2023), Activate Good Inc's revenue has grown at a compound annual growth rate (CAGR) of 28.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023-5.8%+20.1%-26.5%
2022+35.7%+50.4%+59.2%
2021+76.7%+23.9%+94.0%
2020-22.9%-12.2%+1.4%
2019-9.6%-8.2%+9.7%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Activate Good Inc demonstrates a generally healthy financial position with consistent revenue growth over the past several years, peaking at $805,240 in 2022. While the organization experienced a deficit in 2023, with expenses of $837,668 exceeding revenue of $758,837, this appears to be an anomaly rather than a trend, as previous years showed surpluses. The organization's assets have also grown steadily, reaching $217,712 in 2023, indicating a stable financial foundation. The consistent reporting of 0% officer compensation across all filings suggests a strong commitment to directing funds towards its mission, enhancing its transparency and public trust. Spending efficiency appears strong, especially given the consistent growth in program activities implied by increasing expenses. The absence of reported officer compensation is a significant positive indicator of efficient resource allocation. The organization's NTEE code B82 (Volunteerism Promotion) aligns well with its name, 'Activate Good Inc', suggesting a clear mission focus. The relatively low liabilities reported in most years also point to sound financial management. Overall, Activate Good Inc appears to be a well-managed nonprofit with a clear mission and a history of financial stability and growth. The recent deficit in 2023 warrants monitoring but does not overshadow the overall positive financial trajectory and commitment to its mission, as evidenced by its consistent 0% officer compensation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Activate Good Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Activate Good Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$759KTotal Revenue
$838KTotal Expenses
$218KTotal Assets
$3KTotal Liabilities
$215KNet Assets
  • The organization reported a deficit of $79K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 1.2%.

Executive Compensation Analysis

Activate Good Inc consistently reports 0% officer compensation across all 11 filings, indicating that no portion of its revenue is used for executive salaries, which is highly commendable for an organization of its size with revenue reaching over $800,000.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Activate Good Inc's IRS 990 filings:

  • Experienced a deficit in 2023, with expenses exceeding revenue by nearly $79,000.

Strengths

The following positive indicators were identified for Activate Good Inc:

  • Consistent revenue growth over the past decade, from $115,303 in 2014 to $758,837 in 2023.
  • Remarkable 0% officer compensation reported across all 11 IRS 990 filings.
  • Steady growth in assets, reaching $217,712 in 2023, indicating financial stability.
  • Low liabilities reported in most years, suggesting sound financial management.

Frequently Asked Questions about Activate Good Inc

Is Activate Good Inc a legitimate charity?

Activate Good Inc (EIN: 203057526) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 92/100. It has 11 years of IRS 990 filings on record. Total revenue: $784K. 1 red flag identified. 4 strengths noted. Financial health grade: B.

How does Activate Good Inc spend its money?

Activate Good Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Activate Good Inc tax-deductible?

Activate Good Inc is registered as a tax-exempt nonprofit (EIN: 203057526). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Activate Good Inc CEO make?

Activate Good Inc's highest-compensated officer earns $800,000. annually. The organization reported $784K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Activate Good Inc's spending goes to programs?

Activate Good Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Activate Good Inc compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Activate Good Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Activate Good Inc located?

Activate Good Inc is headquartered in Raleigh, North Carolina and files with the IRS under EIN 203057526. It is classified under NTEE code B82.

How many years of IRS 990 filings does Activate Good Inc have?

Activate Good Inc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $784K in total revenue.

Is Activate Good Inc a good charity?

Based on its financial data, Activate Good Inc appears to be a good charity. It demonstrates consistent revenue growth, strong asset accumulation, and a remarkable commitment to its mission by reporting 0% officer compensation across all available filings. While there was a deficit in 2023, the overall trend is positive.

How has Activate Good Inc's revenue trended over time?

Activate Good Inc has shown significant revenue growth over time, increasing from $115,303 in 2014 to a peak of $805,240 in 2022, before a slight decrease to $758,837 in 2023.

What is the organization's approach to executive compensation?

Activate Good Inc has a highly commendable approach to executive compensation, consistently reporting 0% officer compensation in all 11 available IRS 990 filings. This indicates that executive leadership is not drawing a salary from the organization's funds.

Did Activate Good Inc operate at a surplus or deficit in recent years?

Activate Good Inc operated at a surplus in 2022 (Revenue $805,240 vs. Expenses $697,232) and 2021 (Revenue $593,285 vs. Expenses $463,526). However, it reported a deficit in 2023 (Revenue $758,837 vs. Expenses $837,668) and also in 2020, 2017, and 2015.

Filing History

IRS 990 filing history for Activate Good Inc showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2013–2023), Activate Good Inc's revenue has grown by 1083.2%, moving from $64K to $759K. Total assets increased by 278% over the same period, from $58K to $218K. Total functional expenses rose by 1184.7%, from $65K to $838K. In its most recent filing year (2023), Activate Good Inc reported a deficit of $79K, with expenses exceeding revenue. The organization holds $3K in liabilities against $218K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $215K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $759K $838K $218K $3K
2022 $805K $697K $296K $2K
2021 $593K $464K $186K $0 View 990
2020 $336K $374K $96K $40K
2019 $435K $426K $95K $0 View 990
2018 $482K $464K $86K $0 View 990
2017 $365K $392K $67K $0
2016 $413K $342K $83K $0 View 990
2015 $138K $140K $57K $0 View 990
2014 $115K $114K $59K $0 View 990
2013 $64K $65K $58K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $759K, expenses of $838K, and assets of $218K (revenue -5.8% year-over-year).
  • 2022: Revenue of $805K, expenses of $697K, and assets of $296K (revenue +35.7% year-over-year).
  • 2021: Revenue of $593K, expenses of $464K, and assets of $186K (revenue +76.7% year-over-year).
  • 2020: Revenue of $336K, expenses of $374K, and assets of $96K (revenue -22.9% year-over-year).
  • 2019: Revenue of $435K, expenses of $426K, and assets of $95K (revenue -9.6% year-over-year).
  • 2018: Revenue of $482K, expenses of $464K, and assets of $86K (revenue +31.9% year-over-year).
  • 2017: Revenue of $365K, expenses of $392K, and assets of $67K (revenue -11.5% year-over-year).
  • 2016: Revenue of $413K, expenses of $342K, and assets of $83K (revenue +199.4% year-over-year).
  • 2015: Revenue of $138K, expenses of $140K, and assets of $57K (revenue +19.6% year-over-year).
  • 2014: Revenue of $115K, expenses of $114K, and assets of $59K (revenue +79.8% year-over-year).
  • 2013: Revenue of $64K, expenses of $65K, and assets of $58K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Activate Good Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing

Data Sources and Methodology

This transparency report for Activate Good Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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

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