Gathering Together Inc
Gathering Together Inc. maintains strong asset base despite fluctuating revenues and occasional deficit spending.
EIN: 134228147 · Plainfield, IN · NTEE: P74 · Updated: 2026-03-28
Is Gathering Together Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gathering Together Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gathering Together Inc
Gathering Together Inc (EIN: 134228147) is a nonprofit organization based in Plainfield, IN, classified under NTEE code P74. The organization reported total revenue of $181K and total assets of $404K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gathering Together Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gathering Together Inc is a small nonprofit that has been operating for 12 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 16.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $177K |
| Total Expenses | $207K |
| Surplus / Deficit | $-29,614 |
| Total Assets | $551K |
| Net Assets | $551K |
| Operating Margin | -16.7% |
| Months of Reserves | 32.0 months |
Financial Health Grade: B
In 2023, Gathering Together Inc reported a deficit of $30K with expenses exceeding revenue, holds 32.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2010–2023), Gathering Together Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -42.5% | +12.2% | -5.1% |
| 2022 | +115.7% | -10.2% | +27.1% |
| 2021 | -12.2% | +53.0% | -12.0% |
| 2020 | -50.3% | -21.6% | +5.8% |
| 2019 | +82.4% | +3.9% | +46.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Gathering Together Inc with a Mission Score of 85 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Gathering Together Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $30K, with expenses exceeding revenue.
Executive Compensation Analysis
Gathering Together Inc. consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer or compensated through non-officer roles, which is highly favorable for minimizing administrative overhead.
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 Gathering Together Inc's IRS 990 filings:
- Occasional deficit spending, such as in 2023 where expenses ($206,663) exceeded revenue ($177,049), which could deplete reserves if not managed.
Strengths
The following positive indicators were identified for Gathering Together Inc:
- Strong asset base, consistently exceeding liabilities (e.g., $550,740 assets vs. $0 liabilities in 2023), indicating good solvency.
- Excellent transparency regarding executive compensation, with 0% officer compensation reported across all filings.
- Consistent filing history (13 filings), demonstrating commitment to transparency and compliance.
Frequently Asked Questions about Gathering Together Inc
Is Gathering Together Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gathering Together Inc (EIN: 134228147) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Gathering Together Inc spend its money?
Gathering Together Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gathering Together Inc tax-deductible?
Gathering Together Inc is registered as a tax-exempt nonprofit (EIN: 134228147). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Gathering Together Inc. financially stable?
Yes, Gathering Together Inc. appears financially stable, consistently holding assets significantly greater than liabilities (e.g., $550,740 in assets and $0 liabilities in 2023). While there are periods where expenses exceed revenue (e.g., 2023 and 2021), the strong asset base provides a buffer.
How does Gathering Together Inc. compensate its executives?
Gathering Together Inc. reports 0% officer compensation in all available IRS 990 filings, suggesting that its officers are not compensated or are compensated in a manner not classified as officer compensation.
What is the trend in Gathering Together Inc.'s revenue?
Gathering Together Inc.'s revenue has fluctuated significantly, ranging from a high of $327,400 in 2019 to a low of $98,802 in 2014, with the latest reported revenue at $177,049 in 2023.
Filing History
IRS 990 filing history for Gathering Together Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), Gathering Together Inc's revenue has grown by 605.6%, moving from $25K to $177K. Total assets increased by 6981.7% over the same period, from $8K to $551K. Total functional expenses rose by 1093.5%, from $17K to $207K. In its most recent filing year (2023), Gathering Together Inc reported a deficit of $30K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $177K | $207K | $551K | $0 | — | — |
| 2022 | $308K | $184K | $580K | $0 | — | View 990 |
| 2021 | $143K | $205K | $457K | $0 | — | View 990 |
| 2020 | $163K | $134K | $519K | $0 | — | View 990 |
| 2019 | $327K | $171K | $490K | $0 | — | View 990 |
| 2018 | $180K | $165K | $334K | $0 | — | View 990 |
| 2017 | $156K | $144K | $319K | $46K | — | View 990 |
| 2016 | $126K | $107K | $94K | $0 | — | View 990 |
| 2015 | $130K | $106K | $75K | $0 | — | View 990 |
| 2014 | $99K | $76K | $51K | $0 | — | View 990 |
| 2012 | $70K | $52K | $35K | $0 | — | View 990 |
| 2011 | $37K | $29K | $15K | $0 | — | View 990 |
| 2010 | $25K | $17K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $177K, expenses of $207K, and assets of $551K (revenue -42.5% year-over-year).
- 2022: Revenue of $308K, expenses of $184K, and assets of $580K (revenue +115.7% year-over-year).
- 2021: Revenue of $143K, expenses of $205K, and assets of $457K (revenue -12.2% year-over-year).
- 2020: Revenue of $163K, expenses of $134K, and assets of $519K (revenue -50.3% year-over-year).
- 2019: Revenue of $327K, expenses of $171K, and assets of $490K (revenue +82.4% year-over-year).
- 2018: Revenue of $180K, expenses of $165K, and assets of $334K (revenue +15.1% year-over-year).
- 2017: Revenue of $156K, expenses of $144K, and assets of $319K (revenue +24.0% year-over-year).
- 2016: Revenue of $126K, expenses of $107K, and assets of $94K (revenue -3.4% year-over-year).
- 2015: Revenue of $130K, expenses of $106K, and assets of $75K (revenue +31.8% year-over-year).
- 2014: Revenue of $99K, expenses of $76K, and assets of $51K (revenue +40.7% year-over-year).
- 2012: Revenue of $70K, expenses of $52K, and assets of $35K (revenue +90.8% year-over-year).
- 2011: Revenue of $37K, expenses of $29K, and assets of $15K (revenue +46.7% year-over-year).
- 2010: Revenue of $25K, expenses of $17K, and assets of $8K.
Data Sources and Methodology
This transparency report for Gathering Together 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.