Generosity Global Incorporated
EIN: 455606287 · Columbia, MD · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $191K |
| Total Expenses | $203K |
| Net Assets | $-81,627 |
Is Generosity Global Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Generosity Global Incorporated
Generosity Global Incorporated (EIN: 455606287) is a nonprofit organization based in Columbia, MD, classified under NTEE code P20. The organization reported total revenue of $191K and total assets of $32K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Generosity Global Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Generosity Global Incorporated is a small nonprofit that has been operating for 13 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 25.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $150K |
| Total Expenses | $203K |
| Surplus / Deficit | $-53,434 |
| Total Assets | $32K |
| Total Liabilities | $114K |
| Net Assets | $-81,627 |
| Operating Margin | -35.7% |
| Debt-to-Asset Ratio | 354.6% |
| Months of Reserves | 1.9 months |
Financial Health Grade: D
In 2023, Generosity Global Incorporated reported a deficit of $53K with expenses exceeding revenue, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 354.6% (high leverage).
Financial Trends
Over 10 years of filings (2014–2023), Generosity Global Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 25.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -48.4% | -49.4% | -60.0% |
| 2022 | -9.3% | +8.7% | -49.5% |
| 2021 | +41.0% | +104.1% | -2.8% |
| 2020 | -13.2% | -4.3% | +81.5% |
| 2019 | +222.2% | +120.9% | +547.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Generosity Global Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Generosity Global Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $53K, with expenses exceeding revenue.
- Debt-to-asset ratio: 354.6%.
Frequently Asked Questions about Generosity Global Incorporated
Is Generosity Global Incorporated a legitimate charity?
Generosity Global Incorporated (EIN: 455606287) is a registered tax-exempt nonprofit based in Maryland. It has 10 years of IRS 990 filings on record. Total revenue: $191K. No red flags identified. Financial health grade: D.
How does Generosity Global Incorporated spend its money?
Generosity Global Incorporated reported $191K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Generosity Global Incorporated tax-deductible?
Generosity Global Incorporated is registered as a tax-exempt nonprofit (EIN: 455606287). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Generosity Global Incorporated located?
Generosity Global Incorporated is headquartered in Columbia, Maryland and files with the IRS under EIN 455606287. It is classified under NTEE code P20.
How many years of IRS 990 filings does Generosity Global Incorporated have?
Generosity Global Incorporated has 10 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 $191K in total revenue.
Filing History
IRS 990 filing history for Generosity Global Incorporated showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Generosity Global Incorporated's revenue has grown by 663.4%, moving from $20K to $150K. Total assets increased by 12620.2% over the same period, from $252 to $32K. Total functional expenses rose by 949.3%, from $19K to $203K. In its most recent filing year (2023), Generosity Global Incorporated reported a deficit of $53K, with expenses exceeding revenue. The organization holds $114K in liabilities against $32K in assets (debt-to-asset ratio: 354.6%), resulting in net assets of $-81,627.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $150K | $203K | $32K | $114K | — | — |
| 2022 | $290K | $401K | $80K | $108K | — | View 990 |
| 2021 | $320K | $369K | $159K | $76K | — | — |
| 2020 | $227K | $181K | $164K | $31K | — | View 990 |
| 2019 | $261K | $189K | $90K | $4K | — | View 990 |
| 2018 | $81K | $86K | $14K | $0 | — | View 990 |
| 2017 | $26K | $5K | $42K | $0 | — | View 990 |
| 2016 | $22K | $2K | $20K | $0 | — | View 990 |
| 2015 | $24K | $24K | $52 | $0 | — | View 990 |
| 2014 | $20K | $19K | $252 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $150K, expenses of $203K, and assets of $32K (revenue -48.4% year-over-year).
- 2022: Revenue of $290K, expenses of $401K, and assets of $80K (revenue -9.3% year-over-year).
- 2021: Revenue of $320K, expenses of $369K, and assets of $159K (revenue +41.0% year-over-year).
- 2020: Revenue of $227K, expenses of $181K, and assets of $164K (revenue -13.2% year-over-year).
- 2019: Revenue of $261K, expenses of $189K, and assets of $90K (revenue +222.2% year-over-year).
- 2018: Revenue of $81K, expenses of $86K, and assets of $14K (revenue +209.2% year-over-year).
- 2017: Revenue of $26K, expenses of $5K, and assets of $42K (revenue +18.5% year-over-year).
- 2016: Revenue of $22K, expenses of $2K, and assets of $20K (revenue -6.0% year-over-year).
- 2015: Revenue of $24K, expenses of $24K, and assets of $52 (revenue +20.1% year-over-year).
- 2014: Revenue of $20K, expenses of $19K, and assets of $252.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Generosity Global Incorporated:
Data Sources and Methodology
This transparency report for Generosity Global Incorporated 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.