Georgina Joshi Foundation Inc
Georgina Joshi Foundation Inc maintains strong asset growth and zero executive compensation.
EIN: 208791238 · South Bend, IN · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $621K |
| Total Expenses | $19K |
| Program Spending | 90% |
| Net Assets | $1.4M |
| Transparency Score | 92/100 |
Is Georgina Joshi Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Georgina Joshi Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Georgina Joshi Foundation Inc
Georgina Joshi Foundation Inc (EIN: 208791238) is a nonprofit organization based in South Bend, IN, classified under NTEE code T20. The organization reported total revenue of $621K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Georgina Joshi Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Georgina Joshi Foundation Inc is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -18.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $94K |
| Total Expenses | $19K |
| Surplus / Deficit | +$75K |
| Total Assets | $1.4M |
| Total Liabilities | $1 |
| Net Assets | $1.4M |
| Operating Margin | 79.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 872.2 months |
Financial Health Grade: A
In 2023, Georgina Joshi Foundation Inc reported a surplus of $75K with revenue exceeding expenses, holds 872.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Georgina Joshi Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -18.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -41.2% | -89.5% | +5.5% |
| 2022 | -14.9% | +852.1% | -1.6% |
| 2021 | +172.0% | -39.7% | +14.5% |
| 2020 | -21.0% | +60.7% | +3.3% |
| 2019 | +279.5% | -30.5% | +21206.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2007 |
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 Georgina Joshi Foundation 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, Georgina Joshi Foundation 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 $75K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating a volunteer-led organization, which is highly favorable 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 Georgina Joshi Foundation Inc:
- Consistent asset growth, reaching $1,482,660 in the latest period.
- Zero officer compensation reported across all filings, indicating efficient use of funds.
- Extremely low liabilities, often reported as $1, demonstrating strong financial stability.
- Consistent revenue surplus over expenses in recent years (e.g., $93,756 revenue vs. $19,007 expenses in 2023).
- Strong financial transparency with readily available filing history.
Frequently Asked Questions about Georgina Joshi Foundation Inc
Is Georgina Joshi Foundation Inc a legitimate charity?
Georgina Joshi Foundation Inc (EIN: 208791238) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $621K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Georgina Joshi Foundation Inc spend its money?
Georgina Joshi Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Georgina Joshi Foundation Inc tax-deductible?
Georgina Joshi Foundation Inc is registered as a tax-exempt nonprofit (EIN: 208791238). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Georgina Joshi Foundation Inc's spending goes to programs?
Georgina Joshi Foundation Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Georgina Joshi Foundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Georgina Joshi Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Georgina Joshi Foundation Inc located?
Georgina Joshi Foundation Inc is headquartered in South Bend, Indiana and files with the IRS under EIN 208791238. It is classified under NTEE code T20.
How many years of IRS 990 filings does Georgina Joshi Foundation Inc have?
Georgina Joshi 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 $621K in total revenue.
Is Georgina Joshi Foundation Inc a good charity?
Based on the provided data, the Georgina Joshi Foundation Inc appears to be a very good charity. It demonstrates strong financial health with growing assets, minimal liabilities, and a commitment to its mission by not paying executive compensation.
How has the organization's asset base changed over time?
The organization's assets have shown significant growth, from $26,744 in 2011 to $1,482,660 in the latest period, indicating effective financial management and endowment building.
What is the trend in revenue and expenses?
Revenue and expenses have fluctuated, with notable spikes in 2011 and 2012, but in recent years (2019-2023), revenue has consistently exceeded expenses, leading to asset accumulation. For example, in 2023, revenue was $93,756 against expenses of $19,007.
Filing History
IRS 990 filing history for Georgina Joshi Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Georgina Joshi Foundation Inc's revenue has declined by 91.7%, moving from $1.1M to $94K. Total assets increased by 5065.8% over the same period, from $27K to $1.4M. Total functional expenses fell by 98.3%, from $1.1M to $19K. In its most recent filing year (2023), Georgina Joshi Foundation Inc reported a surplus of $75K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $94K | $19K | $1.4M | $1 | — | — |
| 2022 | $160K | $180K | $1.3M | $1 | — | View 990 |
| 2021 | $188K | $19K | $1.3M | $1 | — | View 990 |
| 2020 | $69K | $31K | $1.2M | $1 | — | — |
| 2019 | $87K | $20K | $1.1M | $1 | — | — |
| 2015 | $23K | $28K | $5K | $1 | — | View 990 |
| 2014 | $40K | $59K | $10K | $1 | — | View 990 |
| 2013 | $101 | $34K | $33K | $5K | — | View 990 |
| 2012 | $2.4M | $2.4M | $62K | $1 | — | View 990 |
| 2011 | $1.1M | $1.1M | $27K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $94K, expenses of $19K, and assets of $1.4M (revenue -41.2% year-over-year).
- 2022: Revenue of $160K, expenses of $180K, and assets of $1.3M (revenue -14.9% year-over-year).
- 2021: Revenue of $188K, expenses of $19K, and assets of $1.3M (revenue +172.0% year-over-year).
- 2020: Revenue of $69K, expenses of $31K, and assets of $1.2M (revenue -21.0% year-over-year).
- 2019: Revenue of $87K, expenses of $20K, and assets of $1.1M (revenue +279.5% year-over-year).
- 2015: Revenue of $23K, expenses of $28K, and assets of $5K (revenue -42.5% year-over-year).
- 2014: Revenue of $40K, expenses of $59K, and assets of $10K (revenue +39539.6% year-over-year).
- 2013: Revenue of $101, expenses of $34K, and assets of $33K (revenue -100.0% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.4M, and assets of $62K (revenue +113.1% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.1M, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Georgina Joshi Foundation Inc:
Data Sources and Methodology
This transparency report for Georgina Joshi 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.