Geo Group Foundation Inc
EIN: 274034030 · Boca Raton, FL · NTEE: T50
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.2M |
| Net Assets | $231K |
Is Geo Group Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Geo Group Foundation Inc
Geo Group Foundation Inc (EIN: 274034030) is a nonprofit organization based in Boca Raton, FL, classified under NTEE code T50. The organization reported total revenue of $2.3M and total assets of $208K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Geo Group Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Geo Group Foundation Inc is a mid-size nonprofit that has been operating for 15 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$57K |
| Total Assets | $231K |
| Total Liabilities | $1 |
| Net Assets | $231K |
| Operating Margin | 2.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1.2 months |
Financial Health Grade: A
In 2023, Geo Group Foundation Inc reported a surplus of $57K with revenue exceeding expenses, holds 1.2 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Geo Group Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.2% | +14.0% | +32.9% |
| 2022 | +30.7% | +32.8% | -10.5% |
| 2021 | -22.7% | -18.8% | +3.5% |
| 2020 | -24.4% | -25.9% | +119.3% |
| 2019 | +65.4% | +63.1% | +6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Geo Group Foundation Inc 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 Geo Group Foundation Inc 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 surplus of $57K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Geo Group Foundation Inc
Is Geo Group Foundation Inc a legitimate charity?
Geo Group Foundation Inc (EIN: 274034030) is a registered tax-exempt nonprofit based in Florida. It has 10 years of IRS 990 filings on record. Total revenue: $2.3M. No red flags identified. Financial health grade: A.
How does Geo Group Foundation Inc spend its money?
Geo Group Foundation Inc reported $2.3M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Geo Group Foundation Inc tax-deductible?
Geo Group Foundation Inc is registered as a tax-exempt nonprofit (EIN: 274034030). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Geo Group Foundation Inc located?
Geo Group Foundation Inc is headquartered in Boca Raton, Florida and files with the IRS under EIN 274034030. It is classified under NTEE code T50.
How many years of IRS 990 filings does Geo Group Foundation Inc have?
Geo Group Foundation Inc 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 $2.3M in total revenue.
Filing History
IRS 990 filing history for Geo Group Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Geo Group Foundation Inc's revenue has grown by 185.4%, moving from $800K to $2.3M. Total assets increased by 47.9% over the same period, from $156K to $231K. Total functional expenses rose by 245.7%, from $644K to $2.2M. In its most recent filing year (2023), Geo Group Foundation Inc reported a surplus of $57K, with revenue exceeding expenses. The organization holds $1 in liabilities against $231K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $231K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.2M | $231K | $1 | — | — |
| 2022 | $1.9M | $2.0M | $174K | $1 | — | View 990 |
| 2021 | $1.5M | $1.5M | $194K | $1 | — | View 990 |
| 2020 | $1.9M | $1.8M | $188K | $1 | — | View 990 |
| 2019 | $2.5M | $2.4M | $86K | $0 | — | View 990 |
| 2015 | $1.5M | $1.5M | $81K | $0 | — | View 990 |
| 2014 | $1.3M | $1.3M | $49K | $0 | — | View 990 |
| 2013 | $1.6M | $1.6M | $38K | $0 | — | View 990 |
| 2012 | $852K | $930K | $79K | $0 | — | View 990 |
| 2011 | $800K | $644K | $156K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.2M, and assets of $231K (revenue +18.2% year-over-year).
- 2022: Revenue of $1.9M, expenses of $2.0M, and assets of $174K (revenue +30.7% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.5M, and assets of $194K (revenue -22.7% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.8M, and assets of $188K (revenue -24.4% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.4M, and assets of $86K (revenue +65.4% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.5M, and assets of $81K (revenue +17.3% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.3M, and assets of $49K (revenue -16.9% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.6M, and assets of $38K (revenue +83.9% year-over-year).
- 2012: Revenue of $852K, expenses of $930K, and assets of $79K (revenue +6.6% year-over-year).
- 2011: Revenue of $800K, expenses of $644K, and assets of $156K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Geo Group Foundation Inc:
Data Sources and Methodology
This transparency report for Geo Group Foundation 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.