Adopt A Golden Atlanta Inc
Adopt A Golden Atlanta Inc consistently operates with volunteer leadership and growing assets.
EIN: 200188301 · Atlanta, GA · NTEE: D20 · Updated: 2026-03-28
Is Adopt A Golden Atlanta Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Adopt A Golden Atlanta Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Adopt A Golden Atlanta Inc
Adopt A Golden Atlanta Inc (EIN: 200188301) is a nonprofit organization based in Atlanta, GA, classified under NTEE code D20. The organization reported total revenue of $519K and total assets of $344K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Adopt A Golden Atlanta Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Adopt A Golden Atlanta Inc is a small nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $598K |
| Total Expenses | $489K |
| Surplus / Deficit | +$109K |
| Total Assets | $304K |
| Total Liabilities | $5K |
| Net Assets | $299K |
| Operating Margin | 18.2% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 7.5 months |
Financial Health Grade: A
In 2023, Adopt A Golden Atlanta Inc reported a surplus of $109K with revenue exceeding expenses, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Adopt A Golden Atlanta Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.9% | +6.2% | +49.2% |
| 2022 | -18.0% | -6.1% | +5.9% |
| 2021 | +60.6% | +19.5% | +36.0% |
| 2020 | +1.4% | -9.2% | -30.4% |
| 2019 | -16.8% | +11.4% | -30.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1500 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Adopt A Golden Atlanta 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Adopt A Golden Atlanta Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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:
- The organization reported a surplus of $109K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership operates on a volunteer basis, which is highly commendable for directing resources to its mission.
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.
Strengths
The following positive indicators were identified for Adopt A Golden Atlanta Inc:
- Consistent 0% officer compensation, indicating volunteer leadership.
- Healthy asset growth from $146,942 in 2014 to $304,352 in 2023.
- Low and well-managed liabilities, indicating financial stability.
- Consistent filing of IRS Form 990s over 14 periods, demonstrating transparency.
- Revenues generally exceed expenses, leading to positive net assets.
Frequently Asked Questions about Adopt A Golden Atlanta Inc
Is Adopt A Golden Atlanta Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Adopt A Golden Atlanta Inc (EIN: 200188301) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Adopt A Golden Atlanta Inc spend its money?
Adopt A Golden Atlanta Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Adopt A Golden Atlanta Inc tax-deductible?
Adopt A Golden Atlanta Inc is registered as a tax-exempt nonprofit (EIN: 200188301). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Adopt A Golden Atlanta Inc a good charity?
Based on the provided financial data, Adopt A Golden Atlanta Inc appears to be a very good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds to its mission. The organization also maintains healthy assets and manages liabilities effectively.
How has Adopt A Golden Atlanta Inc's financial health changed over time?
Adopt A Golden Atlanta Inc has shown consistent financial health. Revenues have fluctuated but generally remained strong, with assets growing from $146,942 in 2014 to $304,352 in 2023. Liabilities have been kept low, demonstrating stability.
Does Adopt A Golden Atlanta Inc spend efficiently?
Yes, the organization appears to spend very efficiently, primarily due to its consistent reporting of 0% officer compensation. This suggests that a very high proportion of its expenses are directed towards program activities and essential operational costs rather than executive salaries.
Filing History
IRS 990 filing history for Adopt A Golden Atlanta Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Adopt A Golden Atlanta Inc's revenue has grown by 52.8%, moving from $391K to $598K. Total assets increased by 223.2% over the same period, from $94K to $304K. Total functional expenses rose by 53.1%, from $319K to $489K. In its most recent filing year (2023), Adopt A Golden Atlanta Inc reported a surplus of $109K, with revenue exceeding expenses. The organization holds $5K in liabilities against $304K in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $299K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $598K | $489K | $304K | $5K | — | — |
| 2022 | $460K | $460K | $204K | $18K | — | View 990 |
| 2021 | $561K | $490K | $193K | $6K | — | View 990 |
| 2020 | $349K | $410K | $142K | $27K | — | View 990 |
| 2019 | $345K | $452K | $204K | $28K | — | View 990 |
| 2018 | $414K | $405K | $293K | $11K | — | View 990 |
| 2017 | $615K | $507K | $312K | $38K | — | View 990 |
| 2016 | $775K | $831K | $194K | $28K | — | View 990 |
| 2015 | $788K | $695K | $301K | $79K | — | View 990 |
| 2014 | $438K | $404K | $147K | $18K | — | View 990 |
| 2013 | $422K | $379K | $115K | $20K | — | View 990 |
| 2012 | $360K | $398K | $80K | $28K | — | View 990 |
| 2011 | $423K | $404K | $133K | $42K | — | View 990 |
| 2010 | $391K | $319K | $94K | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $598K, expenses of $489K, and assets of $304K (revenue +29.9% year-over-year).
- 2022: Revenue of $460K, expenses of $460K, and assets of $204K (revenue -18.0% year-over-year).
- 2021: Revenue of $561K, expenses of $490K, and assets of $193K (revenue +60.6% year-over-year).
- 2020: Revenue of $349K, expenses of $410K, and assets of $142K (revenue +1.4% year-over-year).
- 2019: Revenue of $345K, expenses of $452K, and assets of $204K (revenue -16.8% year-over-year).
- 2018: Revenue of $414K, expenses of $405K, and assets of $293K (revenue -32.6% year-over-year).
- 2017: Revenue of $615K, expenses of $507K, and assets of $312K (revenue -20.7% year-over-year).
- 2016: Revenue of $775K, expenses of $831K, and assets of $194K (revenue -1.6% year-over-year).
- 2015: Revenue of $788K, expenses of $695K, and assets of $301K (revenue +80.0% year-over-year).
- 2014: Revenue of $438K, expenses of $404K, and assets of $147K (revenue +3.7% year-over-year).
- 2013: Revenue of $422K, expenses of $379K, and assets of $115K (revenue +17.4% year-over-year).
- 2012: Revenue of $360K, expenses of $398K, and assets of $80K (revenue -15.0% year-over-year).
- 2011: Revenue of $423K, expenses of $404K, and assets of $133K (revenue +8.1% year-over-year).
- 2010: Revenue of $391K, expenses of $319K, and assets of $94K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Adopt A Golden Atlanta Inc:
Data Sources and Methodology
This transparency report for Adopt A Golden Atlanta 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.